Forbes Names Federer as World's Most Valuable Sports Brand

Aleksandr (Alex) Korchmar is the owner of Alkor Capital, a Brooklyn, New York, company that owns several businesses in the fields of construction, real estate development, and auto sales. During his free time, Alex Korchmar follows tennis enthusiastically and considers Roger Federer his favorite player.

Federer has been having a tough 2016. Not only did he develop a knee injury that caused him to bow out early in Wimbledon, but he also slid down in the ATP rankings to the seventh spot. Despite this, the 17-time grand slam winner remains one of the most valuable athletes not only in tennis, but across all sports.

In the recent Fab 40 list released by Forbes magazine, Federer was named as the most valuable sports brand in the whole world. With a brand value of $37 million, Federer is ahead of contenders such as basketball player LeBron James ($34 million), golfer Phil Mickelson ($28 million), and sprinter Usain Bolt ($25 million). Just this September, Federer was also named by Forbes as the fourth-highest-paid athlete of 2016, having garnered almost $68 million over the past year.

Come from Away Musical Heads to Broadway

A business owner in New York City, Aleksandr “Alex” Korchmar enjoys taking advantage of the city's theatrical tradition. Alex Korchmar enjoys attending Broadway shows, where he can encounter talented professionals in a live setting.

In out-of-town previews, the new rock musical Come from Away has generated interest among theater fans. The show tells the story of a group of travelers stranded in Newfoundland on September 11, 2001. The events of that day caused 38 planes with more than 6,500 passengers to land in the small town of Gander, and the new musical shares their stories with its audience.

The musical features book, music, and lyrics by David Hein and Irene Sankoff. Director Christopher Ashley and choreographer Kelly Devine lead a cast of 16, one of which is Tony Award nominee Chad Kimball. Other cast members include Jenn Colella, Tamika Lawrence, and Petrina Bromley.

The show will begin previews in February 2017 at Broadway's Gerald Schoenfeld Theatre, where it will take the place of the Tony-winning play The Humans. On March 12, Come from Away will officially open to Broadway audiences.

Two Popular Landmarks in Odessa, Ukraine

Entrepreneur Aleksandr “Alex” Korchmar owns company Alkor Capital, based in Brooklyn, New York. In his role there, he leads business enterprises ranging from new automobile dealerships to real estate development and construction firms. In his leisure time, Alex Korchmar enjoys traveling and often visits his native home of Odessa, Ukraine.

Odessa, Ukraine is home to many popular landmarks. Tourists and historians alike have no shortage of places to take in upon a visit. With that said, here are two of the most popular landmarks in Odessa.

1. The Transfiguration Cathedral was originally founded in 1795, beginning as the Church of St. Nicholas - a small structure in the Cathedral Square. In 1808, the larger cathedral was built and it was named the Transfiguration Cathedral when the altar was consecrated. Today, it stands as the largest Orthodox Church in Odessa and is an impressive structure to behold in terms of history and architecture.

2. Founded in 1825, the Odessa Archaeological Museum is one of the oldest museums in the Ukraine. It features more than 160,000 different exhibits and is a seminal source of information regarding the Northern Black Sea area’s ancient history. In addition, the museum is home to several pieces from ancient Egypt, ancient Greece, and the Roman Empire.                            

Sofia “Sonya” Kenin Wins a Main-Draw Wild Card

New York resident Aleksandr (“Alex”) Korchmar owns Alkor Capital Corporation, where he oversees finances for real estate development and construction projects. In his spare time, Alex Korchmar enjoys playing and watching tennis.

Following Wimbledon, the United States Tennis Association (USTA) launched its Pro Circuit US Open Wild Card Challenge. Athletes who did not qualify for direct entry into the US Open had the opportunity to earn a main-draw wild card. The tournament utilizes a point system to rank players. Points are earned from USTA Pro Circuit hardcourt events. Two of three tournaments are chosen by the association to determine one male and female winner.

As of August 2016, newcomer Sofia (“Sonya”) Kenin won the women’s main-draw wild card. Ms. Kenin scored 81 points. Her biggest win came from the FSP Gold River Women’s Challenger in California.

Ms. Kenin made her pro circuit debut in 2015 and won her first singles title in January of the following year. Her accomplishments include earning the No. 2 spot on the International Tennis Federation World Junior Rankings and participating in the 2014 Youth Olympic Games.

The Chabad of Kingsborough Supports Brooklyn Jewish Camps

Entrepreneur Aleksandr (“Alex”) Korchmar owns and operates Alkor Capital Corporation in Brooklyn. Having established a successful career, Alex Korchmar can contribute to causes that are meaningful to him, including the Chabad of Kingsborough.

The Chabad of Kingsborough hosts Brooklyn Jewish Camps in Manhattan Beach. The camps occur year-round, which allows the organization to share Shabbat and pray with its community consistently. Additionally, camps serve the purpose of enriching the lives of children with teachings of the Jewish language. Lessons are innovative and interactive, two elements that foster engagement among campers. The year-round camps also serve preschool-aged children. Dubbed the Chai Five! Pre-School, the program focuses on traditions and teaches participants about Jewish heritage.

Seasoned counselors with the goal of creating a healthy experience lead the camps. They value child development through education. Many have committed years to the camps, thus making it possible for programs to be executed seamlessly and effectively.

To learn more about the Chabad of Kingsborough’s camps, visit www.chabadkingsborough.org.

Five Tips for Tennis Safety

The owner of Alkor Capital in Brooklyn, New York, Aleksandr “Alex” Korchmar is responsible for handling all budgeting and financial operations for projects ranging from real estate to construction. Alex Korchmar enjoys tennis in his spare time and is a longtime fan of the sport, which he began playing as a child with his father.

Individuals who play tennis must take precautions to stay safe on the court; the following list details a few safety tips.

1. Do a court inspection. Inspect the court you choose to play on before beginning and look for any cracks or chips on the sidewalk that might cause you to stumble or trip. Clear any debris off the court and remember to check the nets for loose strings that someone can trip on. Additionally, consider only playing on dry courts, since wet or damp ones may cause you to slip.

2. Choose the right equipment. Make sure you wear suitable tennis attire and choose a racket of the appropriate weight and size. Wear lightweight clothes to avoid overheating, but avoid baggy clothing that may cause tripping. You will also need shoes designed for playing tennis.

3. Remember to warm up. Warming up before play will help prepare the muscles for activity and help prevent injuries. It will also enhance athletic performance and keep your cardiovascular system healthy. You will benefit more from a dynamic warm-up than a static one.

4. Use proper form. Execute correct form when you play to help prevent injury and reduce the risk of developing injuries caused by overuse. Proper form involves keeping bent knees, not landing on the balls of your feet, and not arching your back while hitting the ball.

5. Rest and hydrate between matches. Remember to drink lots of water and take breaks between matches in order to avoid overexerting the muscles. You can also take this time to clear any sweat off the racket handle to prevent blisters from forming.

A Snapshot of Economics in the “Industry of Industries”

Based in New York, Aleksandr (“Alex”) Korchmar owns Alkor Capital Corporation in Brooklyn. An alumnus of Odessa National Economics University in the Ukraine with a master’s degree, Alex Korchmar is interested in business news and the global economy, especially the economic impact of the automotive industry.

Responsible for creating over 60 million cars annually and consuming half of the world’s oil supply, the auto industry strongly influences the world economy. In an industry that is over 100 years old, the idea of mass-producing cars migrated to the United States from Europe in the 20th century, thus prompting the industry’s “industry of industries” moniker.

Representing freedom and a symbol of economic growth, the auto industry has provided opportunities and access to a quality of life that were previously impossible. To generate its total annual output, it employs 9 million people, or about 5 percent of all manufacturing jobs across the globe.