J.W. Mays Markets 25 Elm Place, Brooklyn for Sale

J.W. Mays, Inc. has engaged Newmark Group, Inc. to actively market its property at 25 Elm Place, Brooklyn, New York, for sale. This strategic move aims to manage the company's liquidity needs, as previously disclosed. Marketing efforts are in early stages, and management will continue to operate and lease the property, exploring lease modifications or relocations for existing tenants. Any final sale will require Board of Directors approval, with no assurances on timing or completion.