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Palm Beach County Food Bank – Gets Boost for New Facility

February 9, 2021 by luxadmin

Food Bank Receives $500,000 donation for new facility

Blackstone co-founder Stephen Schwarzman has spent much of his time since the pandemic took hold working out of his Palm Beach home rather than the hedge fund’s Manhattan headquarters. While the sunnier setting is more copacetic for him, his presence has proved fortuitous for his struggling neighbors across the Intracoastal Waterway, where the Palm Beach County Food Bank just received a $500,000 gift to complete a major expansion.

The donation capped the nonprofit’s $3 million “Grow with Us” capital campaign, enabling it to move from Lantana to a new warehouse and distribution facility in Lake Worth next month, doubling its capacity to distribute food through other nonprofits.

“Last year we were offered resources for distribution which we couldn’t accept because we were limited by our existing infrastructure. This new warehouse space ensures we will be able to feed many more of our hungry neighbors,” said Jim Greco, interim CEO of the Food Bank.

The 28,000-square-foot facility at 701 Boutwell Road has 30-foot-high ceilings, allowing more room to stack pallets for more efficient storage and distribution.

Schwarzman said he and his wife, Christine, were honored to support the Food Bank. “The COVID crisis has put a greater spotlight on the issue of food insecurity across the country and I’m pleased that this gift will help Jim and his team double their capacity to support local families in need,” he said.

Forbes lists Schwarzman’s personal fortune at $22.6 billion, including a South Ocean Drive home assessed at $33.6 million. Palm Beach business recruiters have had their eye on him and other financial services leaders with Palm Beach winter homes for years, hoping to lure them to open corporate offices in downtown West Palm Beach.

They’re seeing some progress but despite the harshness of Northeastern weather and state income taxes and the allure of waterfront or fairway-side mansions here, it has proven more a challenge than some might have hoped. A spokesman for Schwarzman said Saturday that Blackstone just leased a small office in South Florida – but in Miami, where it hopes to recruit tech talent.

 

The nonprofits Palm Beach County Food Bank assists include:

Food Recovery & Distribution, which provides more than 100 agencies with more than 5 million pounds of food that is distributed to close to 100,000 needy residents.
Lois’s Food4Kids, which provides 2,500 children with weekly backpacks of healthy food during the summer months (the equivalent of 145,000 meals).
The Marjorie S. Fisher Nutrition Driven, an educational mobile food pantry partnership with the University of Florida, which graduates 700 residents a year.
Benefits Outreach, which helps more than 2,100 eligible residents secure federal food assistance benefits valued at close to $3 million annually.

About Stephen Schwarzman:
Schwarzman is chairman, CEO and co-founder of Blackstone, an alternative investment management company with $619 billion of assets under management as of Dec. 31. He’s a member of The Council on Foreign Relations, The Business Council, The Business Roundtable and The International Business Council of the World Economic Forum.

His philanthropy leans toward education, culture and the arts. He donated $191 million to the University of Oxford to create a Centre for the Humanities in 2019; $350 million to the Massachusetts Institute of Technology in 2018 for a computing center; and $150 million to his alma mater, Yale University, in 2015, for a student life hub.

Sourced from:

https://www.palmbeachpost.com/story/news/local/westpb/2021/02/09/palm-beachs-schwarzmans-bolster-food-bank-countys-struggling/4438815001/

https://www.pbcfoodbank.org/

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

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5300 West Atlantic Avenue
Delray Beach, FL 33496

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Filed Under: Business News, Featured, News, Palm Beach County, Palm Beach County Food Bank Tagged With: BEN YOMTOB, FLORIDA LUXURY OFFICE SPACE, PALM BEACH COUNTY, PALM BEACH COUNTY FOOD BANK, YOMTOB INVESTMENTS

The Honda Classic March 15- 21st – Delray Beach News

January 18, 2021 by luxadmin

The 2021 Honda Classic PGA Golf Tournament Delray Beach

Here is some exciting news for golf enthusiasts;  with Covid protocols in place that include the mandatory use of facial coverings, social distancing and other health and safety measures the 2021 Honda Classic plans to welcome golf spectators. Organizers say for the health and well-being for all involved in the tournament and the local community, that daily attendance will be limited.
While the Honda Classic was named the Most Fan-First event of 2019 by the PGA TOUR, attendance records will not be broken in 2021. Tournament officials say they are building a unique and first-class fan experience, provided in a safe and responsible manner while continuing to make a significant charitable impact throughout South Florida.

There will be a re-imagined Bear Trap on the 17th hole with social distancing guidelines. The 18th hole footprint will be different too, but there will be fans waiting there on Sunday when the new Honda champion is crowned.

“We are being conservative in our planning as we continue to navigate the pandemic,” Honda Classic Executive Director Kenneth R. Kennerly said. “We want to do everything possible to make sure that The Honda Classic will be a great experience and continue to make a significant charitable impact on the thousands of children in our community whose lives we are able to enhance every year.”

The Bear Trap, which usually winds around the 16th green and 17th hole tee box area, is being transformed into three sections with limited seating in socially-distanced blocks of two and four seats.

Advance reservations for The Bear Trap and other shared and private hospitality areas are now being taken through email at sales@thehondaclassic.com or by phone at 561-799-4638. General admission ticket sales will begin at a later date.

The traditional Pro-Am events, essential for the golf tournament’s charitable endeavors, will be contested during the week, with amateur participants being tested prior to those competitions. In other words, the show will go on, with tournament officials building a number of contingency plans. Final details on all areas will be announced in the near future.

“With so much uncertainty across all categories of the business, we have really focused on prioritizing flexibility with our site planning,” Tournament Director Andrew George said. “We’ve worked collaboratively with our vendors to delay the start of construction.”

Adding, “We are frequently updating our health & safety protocols as we receive new guidance or best practices. And our hospitality venues will be strategically altered to provide a first-class entertainment option while facilitating social distancing.”

Protocols will be put in place that include the mandatory use of facial coverings, social distancing and other health and safety measures. All permanent and temporary structures will have complete daily sanitation along with all golf carts and vehicles used in tournament operations.

Organizers say all interactions from start to finish including ticketing, admissions, merchandise, and concessions will be contactless and safety measures regarding food preparation and distribution will be in place.

In late June, the PGA put into place stringent pre-tournament COVID-19 testing. Players and caddies are required to return a negative “in-market test” before being allowed into facilities at all, and that’s after being tested before traveling to the tournament.

The Honda Classic Giving Back to South Florida

The Honda Classic awarded a record-shattering $5.35 million to 103 South Florida philanthropic organizations in 2020, the14th consecutive year that the PGA TOUR event has been able to increase its impact on the lives of local children and their families. Honda Classic Cares is also considering additional ways to raise money this year to minimize the impact of a possible reduced charity distribution because of limited crowds and hospitality venues.

The Honda Classic has now surpassed $50 million in charitable contributions as American Honda approaches its 40th year as title sponsor of the PGA TOUR event, including almost $35 million in the 14 years since Children’s Healthcare Charity, Inc. became the host organization and moved the event to PGA National Resort and Spa. The $5.35 million is impacting more than 91,000 children and their families this year in Palm Beach County.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
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Delray Beach, FL 33496

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Sourced From:

https://thehondaclassic.com/

https://delraybeachtimes.news/sports/the-2021-honda-classic-pga-golf-tournament-moves-forward-with-plans-for-march-15-21st/

Filed Under: Ben Yomtob, Delray Beach, Featured, News, Palm Beach County, The Honda Classic Tagged With: BEN YOMTOB, DELRAY BEACH, FLORIDA LUXURY OFFICE SPACE, PALM BEACH COUNTY, SOUTH FLORIDA, THE HONDA CLASSIC, YOMTOB INVESTMENTS

Jupiter Center for Discovery Brings Life Science Lab Space

July 29, 2020 by luxadmin

Jupiter Center for Discovery

Brings More Life Science Lab Space to Palm Beach County

Seven Kings Holdings, Inc. is building out laboratory space within walking distance of the Scripps Research Institute, Max Planck Florida Institute for Neuroscience, and Florida Atlantic University’s Jupiter Campus. The Jupiter Center for Discovery will bring much needed high end laboratory space to Palm Beach County, a competitive edge that will attract more life science companies as they leave biotech hotspots like Cambridge, MA and Torrey Pines, CA.

The Business Development Board of Palm Beach County (BDB) worked with Ray Graziotto, President and CEO of Seven Kings Holdings on making the necessary connections and providing support through this new development.

WHAT THIS MEANS FOR PALM BEACH COUNTY:

  • New, high-end lab space in Jupiter
  • Located at 650 Pioneer RD #5, Jupiter, FL 33458
  • 25,000 s.f. of space transformed
  • Accommodate approximately 50 researchers, in addition to anchor companies
  • Filling a critical step in the ecosystem per BDB’s Life Science Industry Action Plan
  • Offer flexible lease terms for early stage life science companies
  • Walking-distance access to FAU Jupiter’s Campus
  • More research-specific space to attract research, biotech and life science tenants
  • Life Science entrepreneurs will have space, capital, support services, talent, and academic partners
  • Deluge Biotechnologies will be a future tenant, along with a handful of others that have expressed intent to commit.
For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
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https://skholdings.com/

http://www.delugebiotechnologies.com/

Filed Under: Featured, Jupiter Center for Discovery, News, Palm Beach County Tagged With: BEN YOMTOB, JUPITER CENTER FOR DISCOVERY, LAB SPACE, PALM BEACH COUNTY

Amazon Breaks Ground at Palm Beach Park

July 20, 2020 by luxadmin

Palm Beach Park Welcomes Amazon

The company recently broke ground at the Palm Beach Park of Commerce and said the project will create ‘hundreds of jobs.’   Amazon on Thursday announced plans to expand its presence in Palm Beach County with the construction of a new fulfillment center near Jupiter, a move it said would bring “hundreds of full-time jobs” to the area.

The company, the world’s biggest online retailer, recently broke ground on a 1 million square-foot facility on 100 acres in the Palm Beach Park of Commerce, which lies west of Jupiter near the Beeline Highway.   The facility will house a distribution center for large items, such as mattresses, kayaks, grills and exercise equipment.

It will be the third Amazon facility planned for Palm Beach County within the past year. The company announced in July that it plans to open a delivery station in Boca Raton this year. Last October, it opened a 96,000-square-foot delivery warehouse on Beleverde Road near Florida’s Turnpike west of West Palm Beach.

“It’s a big win for us,” Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County, said Thursday. “Amazon clearly realizes that there’s a demand here in Palm Beach County.”

“We really wanted to win this for our residents,” Smallridge said. “We were dealing with, prior to COVID about a 3.5 percent unemployment rate to one that’s probably 14 percent today. We wanted to win because we knew that it would mean jobs for Palm Beach County residents.”

She said the county’s Planning, Zoning, and Building Department’s expedited permitting program played a critical role in making the project happen.

Amazon operates fulfillment and sortation centers in Miami, Jacksonville, Davenport, Orlando, Ruskin, and Lakeland.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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For the original Content please visit:

https://www.bdb.org/news/2020/08/21/economic-development-news/amazon-to-build-order-fulfillment-center-near-jupiter/

Filed Under: Amazon, Ben Yomtob, Featured, News, Palm Beach County Tagged With: AMAZON, BEN YOMTOB, PALM BEACH COUNTY

Palm Beach County Reopens Short-Term Vacation Rentals

June 16, 2020 by luxadmin

Palm Beach County Re-Opens for Short Term Rentals

Palm Beach County is reopening short-term vacation rentals, the last in South Florida to allow platforms such as Airbnb and Vrbo to resume after a three-month shutdown caused by the coronavirus pandemic.

Counties and cities in the region have started to reopen hotels, and Miami-Dade and Broward counties reopened short-term vacation rentals Monday.

Palm Beach County Vice Mayor Robert Weinroth on Wednesday announced the county’s short-term rentals are open.

“The tourism and hospitality industry is critical to the county’s recovery efforts, especially since these are small business operations.  With the recent opening of hotels, opening up these businesses was not only logical but a significant next step,” Weinroth said in a news release.

The Florida Department of Business and Professional Regulation, which must sign off on county plans to reopen short-term vacation rentals, approved Palm Beach’s guidelines.

The county based its specifications for best practices and safety precautions on recommendations issued by the U.S. Centers for Disease Control and Prevention, the Washington-based trade group Vacation Rental Management Association and its nonprofit subsidiary Vacation Rental Housekeeping Professionals.

Public health and government officials as well as Florida vacation rental managers and operators also provided input.

Gov. Ron DeSantis banned vacation rentals March 27 and opened the door for these businesses to reopen with the approval of local governments and the state May 15.

Palm Beach is limiting reservations to U.S. travelers. There is a 30-day suspension starting Monday on reservations from travelers coming from COVID-19 hot spots declared by DeSantis.

Other precautions include keeping units vacant for at least  24 hours between guests and doing remote check-in and check-out when possible.

For Luxurious Office Space in Palm Beach County; contact Ben Yomtob Properties

Yomtob Properties
5300 West Atlantic Avenue
Delray Beach, FL 33496

Email: ben@yomtobinvestments.com
Phone: 561-542-8222

Ben Yomtob Personal Branding site:

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For original content source please visit:  

https://www.law.com/dailybusinessreview/2020/06/11/palm-beach-county-reopens-short-term-vacation-rentals/?slreturn=20200528065146

Filed Under: Ben Yomtob, Boca Raton, Business News, Featured, News Tagged With: BEN YOMTOB, FLORIDA LUXURY OFFICE SPACE, PALM BEACH COUNTY, SHORT TERM RENTALS, VACATION

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