REAL ESTATE Ramping up efforts to bring women into construction careers.
CRAIN’S LIST: Revenue bounces back for nonprofits that bring crowds. PAGE 22
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CRAINSCLEVELAND.COM I NOVEMBER 14, 2022
KEN BLAZE FOR CRAIN’S CLEVELAND BUSINESS
Employers say flexibility has been key to building and keeping their workforce in a changing jobs market. PAGE 16
Mayan history and successful business Developer buys Richman A look at the varied research at Northeast Ohio’s colleges and universities Brothers Co. factory BY RACHEL ABBEY MCCAFFERTY
Northeast Ohio’s colleges and universities aren’t just for educating the next generation. They’re also for helping to define and explain the future — and the past — through their groundbreaking research. Academics at the region’s higher education institutions are engaged in a wide variety of research, in fields ranging from health care to polymer science to economics. What follows is just a small sample of the projects professors and students are devoting their time, energy and expertise to. And check back next week for another round of interesting local research. See RESEARCH on Page 26
New York company has an eye on preservation
BY MICHELLE JARBOE
Malone University has a variety of projects to teach students about how the health of local watersheds affects the oceans. | COURTESY OF MALONE UNIVERSITY
NEWSPAPER
VOL. 43, NO. 42 l COPYRIGHT 2022 CRAIN COMMUNICATIONS INC. l ALL RIGHTS RESERVED
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A New York developer has purchased the mammoth Richman Brothers Co. factory on Cleveland’s East Side, in a quiet deal that eventually could bring new life to one of the city’s largest eyesores. An affiliate of CMI Developers LLC bought the 638,000-squarefoot building, which sits on 6 acres along East 55th Street, in late August. But the sale did not appear in public records until Wednesday, Nov. 9. There’s no price listed for the property, which hit the market in late 2020
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at an asking price of $3.5 million. CMI, which shares an address with New York-based Carnegie Management, avoids the limelight. The company provided a brief statement in response to an inquiry from Crain’s. “CMI Developers LLC is excited to pursue the redevelopment of the Richman Brothers factory building,” the company wrote. “The building is one of Cleveland’s historic treasures, and its rebirth will serve as a catalyst for the revitalization of the city’s East Side.” See RICHMAN on Page 25
A CRAIN’S CLEVELAND PODCAST
11/11/2022 11:57:29 AM