Renovated building home to several businesses in Fair Lawn

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By bidadmin January 7, 2015 10:25
Renovated building home to several businesses in Fair Lawn

Participating in the ribbon-cutting ceremony to mark the grand opening of The Lighting Center on Broadway were Fair Lawn Chamber of Commerce’s (FLCC) Charlie Coviello (back row) and Mitch Palin, Michael Margeotes of 28-05, LLC, Annette Wanamaker and Cheryl Kastner of FLCC, Fair Lawn Mayor John Cosgrove and Rachel Mizrahi (front row), Morty Mizrahi and Gilda Altman of The Lighting Center.
PHOTO COURTESY OF VINCE BAGLIVO

An investment on Broadway is paying dividends for a group of commercial property and business owners and local consumers. That’s good news for Fair Lawn and a hopeful sign for the economy heading into the New Year.

For 28-05, LLC, a group of five financial stakeholders led by Maria Xantos, it was difficult to attract tenants to their commercial property on Broadway. They recognized the need for improvements and decided to roll the dice and take a chance on a better future for the building.

Michael Margeotes, a spokesperson for 28-05, LLC and one of the holders, said the group invested more than $400,000 to completely renovate the building both inside and out, including new plumbing and electrical systems and a new facade.

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bidadmin
By bidadmin January 7, 2015 10:25