Windrows Sale

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Prepared for the September 20, 2000 edition of U.S. 1 Newspaper.

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Windrows Sale

CareMatrix has sold two of its properties at the

Windrows

at Princeton Forrestal Village to a senior living developer and

operator

in White Plains, Schwartzberg Associates.

Chancellor Park at the Windrows broke ground four years ago and has

83 units for assisted living. Forrestal Skilled Nursing &

Rehabilitation

Center is a three-story, Y-shaped 180-bed skilled nursing facility.

Adjoining these two buildings is a medical office building, and also

on this $77 million campus is a condominium retirement community with

254 villas, town homes, and apartments.

Based in Needham, Massachusetts, CareMatrix Corporation was founded

in 1990 by two brothers, Michael Gosman (Skidmore, ’85) and Andrew

Gosman (Babson, ’88), as a wholly owned subsidiary of Mediplex

(800-969-3004).

Founded by their father, Abraham, Mediplex had gone public, was then

sold, and went public again. Abraham Gosman spun off the physician

care and outpatient part and took that public, leaving the residential

development and management business to his sons. In 1996 the company

was operating in North Carolina, South Carolina, Florida, Arizona,

and Georgia.

Schwartzberg Associates is also a privately-held and family-owned

company with a long history — more than 40 years — in senior

housing. It owns and operates independent living communities, assisted

living communities, and skilled nursing centers in New York and

Nevada.

“As a family-owned company, we have a special understanding of

the importance of individualized attention and the personal

touch,”

says Florence Schwartzberg, co-founder.

Windrows was the first continuing care retirement community in New

Jersey to sell the independent living condos to their over-50 owners

rather than make the condos part of a health insurance package. The

university sold the land to the Gosmans outright, as it did to the

Robert Wood Johnson Foundation, Merrill Lynch, Siemens, and

Bristol-Myers

Squibb.

Princeton’s cachet was attractive to the Gosmans (U.S. 1 March 30,

1994). “Just tying in with this university is something special

for us,” said Andrew Gosman. “The area is wonderful —

the name, the address . . . the alumni list.”

— Barbara Fox

Top Of PageExpansions

Century Graphics Inc., 100 Tamarack Circle,Princeton08540. S. Anthony Trombino, president. 609-921-2002; fax,609-921-7245.Anthony Trombino has moved from rented space to an office with 1,600square feet that he bought at Montgomery Knoll; he has the same phoneand fax.He does publications — production and printing and graphic design— for corporate clients, and he also produces directories andtechnical magazines. “We produce anything that goes into print,and our forte is periodical publications,” says Trombino.The son of a shoemaker in Manhattan and Brooklyn, Trombino majoredin graphics at New York University and has been in printing andgraphicsfor 30 years, but he was also a rock drummer in the 1960s and ’70s,working with such stars as Stevie Wonder, Bobby Darrin, and SmokeyRobinson.As a matter of fact, he is producing records with a sister company,Century Sound Studios, and has two CDs out from Jim Gafgen, a tenor.”We’re mixing an operatic tenor voice with big band jazz,”he says. He is producing the records and a show with Gafgen’s band.Top Of PageOffice Services: A-1A-1 International Courier Service Inc., 256 WallStreet, Princeton 08540. Mike Pollack, vice president sales.609-497-7555;fax, 609-497-7577. Home page: www.aoneonline.comTurn to this company for any of several services — a turnkey mailand duplicating center, reception personnel, customer service centers,in-house maintenance and porter services, file room administration,and more.”For companies that don’t want to be in the office servicesbusiness,we do everything under the office services banner,” says MikePollack, vice president. He says his clients — usuallycorporationsand institutions such as hospitals — want to focus on handlingtheir core competencies.Pollack went to Drew University, Class of ’78, and has been workingfor A-1 almost ever since. The firm has 145 employees. In additionto the courier service, he administers the Princeton branch of FreightManagement Systems and A-1 Office Services Management, also at thislocation.Top Of PageStock NewsMedarex (MEDX), 707 State Road, Princeton Gateway,Suite 206, Princeton 08540. Donald L. Drakeman, president.609-430-2880;fax, 609-430-2850. Home page: www.medarex.comShareholders of record on Wednesday, September 27, will receive oneadditional share of common stock for every share held. The sharesare expected to be distributed three weeks later.This biopharmaceutical does product manufacturing, particularly humanand monoclonal antibodies, and has 60 additional employees at itsoperations laboratory and office in Annandale.Top Of PagePolice ReportArrested and charged, Christopher Carlson, 40, onSeptember13, for filing a false police report with West Windsor Police andtheft by deception for fraudulently reporting the theft of $100,000in merchandise. He is believed to be the son of Jane Carlson, of theScandinavian import firm, the Skandii Group, formerly a wholly-ownedsubsidiary of Scan Global at Riverview Executive Park.The police say that Christopher Carlson claimed that thousands ofitems meant for Skandiisigns had been stolen from a warehouse at 743Alexander Road. The merchandise included between 500 and 600 Swedishwool blankets, 2,000 Bumpe plush toys, 250 iron candle holders, 14rolls of fabric, 200 record albums, and 100 tote bags.In his report to police, Carlson claimed that the goods were stolensometime between June 1 and August 14. An investigation revealed thatthe report was generated for the purpose of filing an insurance claim.Instead of paying his moving bill, say the West Windsor police,Carlsontried to recoup his costs by filing an insurance claim for theft.All of the lost merchandise was recovered and Skandiisign no longeroccupies the Alexander Road space.Top Of PageDeathsJohn Albert Ellsworth, 83, on September 6. He owned BearBrook Tavern and founded West Windsor State Bank and PrincetonJunctionPackage Store, now Ellsworth’s Wines and Liquors.Paul Denis McCarthy, 33, on September 9. He was a masterautomotive technician at Nassau Conover Ford.Samuel J. DeCara, 44, on September 13. He was a financemanager with Potter & Hillman Ford on Route 130, co-owned PurePlatinumDJs, and worked at Practico Jewelers.Previous StoryCorrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.

CE – US1

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