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Manocherian Brothers and its sister company, Pan Am Equities, are companies owned by the Manocherian family that invest in real estate, primarily multifamily properties on the Upper East Side of Manhattan in New York City.
Pan Am Equities is a real estate company owned by the Manocherian family that develops and operates real estate properties, along with its sister company Manocherian Brothers [1] [2] The company focuses on the redevelopment of Upper East Side tenement blocks.
Pan Am management handled the integration poorly and presided over an increase in labor costs as a result of harmonizing National's pay scales with Pan Am's. [104] Although revenues increased by 62% from 1979 to 1980, fuel costs from the merger increased by 157% during a weak economic climate. Further "miscellaneous expenses" increased by 74%.
It was all about the service.
Joseph Sitt (1964–), real estate investor, founder of Thor Equities and plus size women's clothing company Ashley Stewart, Inc. [10] [21] [24] Albert H. Small (1925–2021), real estate developer and philanthropist [153] Charles Smith (1901–1995), Russian-born D.C.-based developer and founder of Charles E. Smith Co.; member of the Smith ...
His niece, Ellen (daughter of Manouchehr Manocherian), is married to real estate investor and landlord Kamran Hakim. [19] His son Greg, was an executive producer for the 1989 film That's Adequate ; and co-produced and co-wrote the script for the 1997 independent film Hudson River Blues with his mother.
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