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Brooklyn,___incWine Firm Sells OutBY LIZ KOCHThe Monarch Wine Company of Brooklynhas agreed to sell its Manischewitz winebrand, a kosher wine that has been produced in Brooklyn since 1939, to the upstateCanandaigua Wine Company, one of the nation's largest sellers of wine.Although the sale has not been finalized,Meyer Robinson, secretary of MonarchWine, says the last details are being ironedout and an announcement is expected shortly. Robinson declined to name the sale priceof Monarch%u2019s most popular wine brand, butnegotiations have hovered around the $17million mark. In recent years, sales ofManischewitz Wine, popular during theJewish holidays, have been decreasing according to company officials, prompting thesale.Monarch%u2019s announcement that it intendedto sell the brand came earlier this year, andemployees of the company, some 100 whoare involved in production of theManischewitz brand, responded with theirown proposal to buy the brand. Lead bychief chemist Victor Zylbemagel, the groupput together a purchase package, assistedby Samuel Zimetvaum, president ofQuadrant Capital Inc., to buy the brand for$20 million to save their jobs from movingupstate. The company declined to considerthe offer put forth by the employees, manyof whom are religiously observant Jewsreluctant to leave the New York Jewishcommunity for upstate jobs.%u201cThe proposal by the employees came toolate for consideration,%u201d says Robinson.Monarch Wine is expected to shut itsBush Terminal Manischewitz plant beforethe end of the year and when the plantcloses only one commercial winery will remain in Brooklyn, the Royal Kedem WineCorporation on Kent Avenue inWilliamsburg. Monarch will continue todistribute several imported wines and produce New York State champagne.Canandaigua Wine Company is located inthe Fingerlakes area and is among the topten wine companies in the country in sales.Canandaigua produces Sun Country WineCooler and Richards Wild Irish Rose wine,as well as champagnes and sparklingwines.Bus Company GrowsOlympia Trails Bus Co. has increased itsriding public from Brooklyn to the threeNew York City airports by better than 25percent during the past year, according toNikolas Agathis, president of Olympia.More people taking the bus to the planehas spurred the company to make more frequent trips to the various airports it serves.Olympia picks up passengers at 574 AtlanticAvenue (comer of Fourth Ave.) and wisksthem tu Uieii airline departure points inNewark, Kennedy and LaGuardia Airportsin air-conditioned coaches.%u201cMote and more passengers in Brooklynhave been asking for our service,%u201d saysAgathis. %u201cAnd we currently depart every 35minutes for the three airports.%u201d He addedthat later this year the usage in Brooklynwill be monitored again. %u201cAnd if the demand continues to grow, we will add additional buses next spring and increase theservice every 20 minutes.%u201dAgathis said the tremendous growth inBrooklyn%u2019s business and residential traffichas encouraged travelers to choose thedirect airport bus route provided by Olympia.CHALLENGE: Generating resources for business growthn eM id la n di s e x p a n d in gin Q u e e n sto m e e t t h ec h a lle n g e s o fe x p a n d in gy o u r business%u2019.%u2019Richard Kulbieda, Vice President, District HeadAt Marine Midland Bank, we re proud to announce the opening of our new Queens Commercial Banking District Office in Rego Park. The office symbolizes our commitment to the Queens business community and provides a dynamic new resource for your company%u2019s financing needs.Marine Midland brings you the resources of a worldwide banking network with over 150 years%u2019 experience in meeting business challenges.We offer below prime rate economic development loans, fixed rate commercial mortgages, working capital loans, cash management services, and foreign exchange transactions. We also provide a wide range of investment banking services%u2014 including mergers and acquisitions, leveraged buyouts, private placements, and interest rate and currency swaps.Make Marine Midland a part of your corporate growth strategy, (.all us today. Or stop into our new Queens office. Tell us the challenges your company faces. We%u2019ll show you how to turn them into opportunities.Turning Challenges into Opportunities.M A R IN E M ID L A N D B A N KM E TR O G R O U PRichard Kulbieda Thomas DeFilippeVice President AssistantDistrict Head Vice PresidentQueens Commercial Banking District35-25 Q ueens B u u ic v a iu Rego Park, NY 11374(718) 897-85er F D ICWE CAN MANUFACTURE YOUR PRODUCTIN OUR 1 0 0 ,0 0 0 sq. ft. BROOKLYN PLANTFULL SERVICE MANUFACTURINGLiquid Spray PaintingElectrostatic Powder PaintingSheet metaltomning andstampingSpot weldingDesignProductdevelopmentJobfabricationAssemblySilk screeningElectronicassemblyPC Board, etcWAREHOUSING %u2022 QUALITY CONTROL %u2022 ENGINEERINGCallfor a quote on anycontract proposal(718)154 Morgan Ave , Brooklyn, NY 11237 8214220D.O.T. 1636C A L L K E N N YLO C A L-IN TE R S TA TECOMMERCIAL MOVESNATIONAL ACCOUNTSA SPECIALTYStorage and Packing6 2 2 - 7 7 7 7KENNY VAN LINES133 Seventh AvenueBrooklyn, NY 11215Page 6, T H E P H O E N IX /B R O O K L Y N .IN C S ection Tw o, O c to b er 30, 1986