J.W. Mays, Inc. Announces Chief Financial Officer Changes, Effective January 1, 2024
November 22, 2023 at 09:00 am EST
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J.W. Mays, Inc. announced on November 21, 2023, the company appointed Mr. Ward N. Lyke, Jr. to be the Chief Financial Officer effective January 1, 2024. Mr. Lyke will replace Mr. Mark Greenblatt in that position. Mr. Greenblatt is retiring as the Chief Financial Officer but will continue to be a Director of the Company. Mr. Lyke began working for the Company in 1972 and first became an Officer in 1984. Most recently Mr. Lyke has served as a Vice President and as Assistant Treasurer. He has an Employment Agreement with the Company whose expiration date is July 31, 2026.
J.W. Mays, Inc. operates a number of commercial real estate properties. The Company's properties include Fulton Street at Bond Street; Livingston Street; Truck bays, passage facilities and tunnel-Schermerhorn Street; Building-Livingston Street; Jowein building at Elm Place, Jamaica Avenue at 169th Street; Route 9 at Interstate Highway 84; Hempstead Turnpike; Sunrise Highway, and Tarlton Road. The 90% of the Fulton Street at Bond Street property is owned by the Company and the remaining 10% of the property is leased by the Company under five separate leases. The Jamaica Avenue at 169th Street property is leased to ten tenants, of which four are retail tenants and six occupy office space. The Jowein building at Elm Place is leased to approximately 14 tenants, of which one is a retail store, one is fast-food restaurant, two are for warehouse space and ten leases are for office space. It leased Route 9 property (47,000 square feet) to a community college at its Fishkill, New York building.