News
OVER THE HILL
June 2, 2011
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| Podolsky Northstar CORFAC International isn't just celebrating the end of its third downturn; it's also marking 40 years as a company. Yesterday, Podolsky's Randy Podolsky, Adam Tarantur, and Jon Homsher told us the Riverwoods firm recently completed the sale of three buildings it's taken through receivership—a 101k SF building and a 100k SF building in Tinley Park and a 44k SF building in Willowbrook, all bought by Jefferson Pilot Investments. Randy says he's seen an increase in receiverships as banks get regulatory issues worked out and stop extending and pretending. | |
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| One of the traditions at Podolsky (and you're bound to pick up some habits over 40 years) is community service. The company recently enjoyed a group trip to a family's home in the north 'burbs, where they helped a retired couple install a new shower, remove and replace old carpeting, and other maintenance. Next month, Melissa Podolsky is leading a group to a local soup kitchen. Randy sees much of the same coming over the next 40 years—downturns, upswings, and continued focus on Podolsky's strengths (although he's hoping to see more relaxation in his own next 40 years). | |
