http://www.tidalwavemedia.com/what-not-to-do-marketing-website.htm
The proposal would turn the bus shelter on Southwest Fifth Avenue between Salmon andMain streets, one of the last existing structuree from the transit mall’s original incarnatioj in 1976, into a coffee outlet most likely operatefd by Cafe Viale. The small shop woule sit outside theCongress Center, which hosts a Cafe Vialwe at Sixth Avenue and Main The structure would be renovatesd by Portland Mall Management a nonprofit consisting of downtown business owners. It would also fit in with designas ideas floated by local planne rTad Savinar, who’s consulting with the city on mall designj issues.
Savinar has suggested the mall should contain as many smallp retail outlets as possible to keep the mall vibranty evenduring non-peak transit hours. One idea is to alloew coffee kiosk operators to run shops near what city plannerds have beguncalling “Tad Pads,” or small tablee and stools designed to let mall ridersd take advantage of the city’s wireless interne bubble. The council must approve designs and funding for the Congresxs Center kiosk before it can be The city would take over ownership of the structurfrom TriMet. An ordinance description containedx nofunding estimates. Don a city staffer who’s working on the said planners want a more activsetransit mall.
“It can’t be a placed that, when the peak transit time it’s just dead,” he said. “It’s a nice space and there’s a lot to work with.” Gardner said plannersa are considering whether to fundthe “Tad Pads” through locall business sponsorships. “We’d keep it discreet, with no logos on them but smalpl plaques thatsay ‘Sponsored by. . Gardner said.
Wednesday, March 30, 2011
Monday, March 28, 2011
UC offering expanded options for veterans - Business Courier of Cincinnati:
symowugebeda.blogspot.com
The Yellow Ribbon GI Enhancement Program is part of an expandesd benefits package approved by Congressin 2008. The Post 9/11 Educationalp Assistance Act generally increases the amount of college tuition covered under theGI Bill, while the Yellow Ribbomn program sweetens the pot even further by gettingt universities to make scholarships available for costs not coveredr by the GI Bill. “Thed charges over and aboves those paid by GI bill will be by UC andthe U.S. Department of Veterans Affairs, said UC Registrae Doug Burgess. “We’ll provide a scholarship in the amount of 50 percent ofthe excess.
” The combined changed will make it easier for out-of-statew veterans to attend UC. It also will enable more veterans to enrollin UC’e law, medical and graduate UC’s participation in the Yellows Ribbon program will be limited to 50 students, including five each in medicins and law and 15 in UC graduate Applications are now being taken for the which formally begins Aug. 1. Veterans can learn more Burgesa estimates the expanded benefits will result in a 5 percent to 10 percen increase in enrollment among veteranes inthe 2009-2010 academic year. Between 550 and 600 attended UC duringv various quarterslast year.
The Yellow Ribbon GI Enhancement Program is part of an expandesd benefits package approved by Congressin 2008. The Post 9/11 Educationalp Assistance Act generally increases the amount of college tuition covered under theGI Bill, while the Yellow Ribbomn program sweetens the pot even further by gettingt universities to make scholarships available for costs not coveredr by the GI Bill. “Thed charges over and aboves those paid by GI bill will be by UC andthe U.S. Department of Veterans Affairs, said UC Registrae Doug Burgess. “We’ll provide a scholarship in the amount of 50 percent ofthe excess.
” The combined changed will make it easier for out-of-statew veterans to attend UC. It also will enable more veterans to enrollin UC’e law, medical and graduate UC’s participation in the Yellows Ribbon program will be limited to 50 students, including five each in medicins and law and 15 in UC graduate Applications are now being taken for the which formally begins Aug. 1. Veterans can learn more Burgesa estimates the expanded benefits will result in a 5 percent to 10 percen increase in enrollment among veteranes inthe 2009-2010 academic year. Between 550 and 600 attended UC duringv various quarterslast year.
Sunday, March 27, 2011
Hudson & Marshall foreclosure auction to feature 27 Triangle homes - South Florida Business Journal:
houghtalingbaemo1268.blogspot.com
The Triangle auction, conducted by auctio n company , will be held on at 1 p.m. at June 27 in the Hiltoj North Raleigh, 3415 Wake Forest All of the homes in the auctio will be sold Buyers who wish to inspect propertieas before bidding may view homes duringy an open house schedule for June 20 from1 p.m. to 3 p.m. or by contactin g the listing agent foran appointment. Property and listint agent information is available onHudsobn & Marshall’s Web site, www.hudsonandmarshall.com. All homes come with titlde insurance paid for bythe sellers. Winniny bidders will be required to make a cash or certified check depositof $2,500 for each property. 826 Carter Ave. 101 Wake St.
West, Dunn; 1526 Park Hillsborough; 605 Grantland Drive, Raleigh; 911 Lancasted St., Rocky Mount; 2521 Friedland Place, Unit 203, Raleigh; 2312 Lindmont Ave., Durham; 740 North White St., Wake 3033 Slocomb Rd., Linden; 400 Charlotte St., Roanoke Tract 3 Redding Road, Oxford; 5724 Greenpine Cedar Grove; 700 South Roxboro St., Durham; 100 Waymomn Way, Clayton; 210 Barnes St., 400 Melton Road, Rocky Mount; 104 Jonew Court, Princeville; 260 East Front St., 11223 Raleigh Road, Four 313 Maddux Drive, Pikeville; 210 Hardingwood Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Springt House Lane, Chapel Hill; 2515 Moores Mill Rougemont; 301 Fox Park Road, Louisburg; 303 St., Burlington.
The Triangle auction, conducted by auctio n company , will be held on at 1 p.m. at June 27 in the Hiltoj North Raleigh, 3415 Wake Forest All of the homes in the auctio will be sold Buyers who wish to inspect propertieas before bidding may view homes duringy an open house schedule for June 20 from1 p.m. to 3 p.m. or by contactin g the listing agent foran appointment. Property and listint agent information is available onHudsobn & Marshall’s Web site, www.hudsonandmarshall.com. All homes come with titlde insurance paid for bythe sellers. Winniny bidders will be required to make a cash or certified check depositof $2,500 for each property. 826 Carter Ave. 101 Wake St.
West, Dunn; 1526 Park Hillsborough; 605 Grantland Drive, Raleigh; 911 Lancasted St., Rocky Mount; 2521 Friedland Place, Unit 203, Raleigh; 2312 Lindmont Ave., Durham; 740 North White St., Wake 3033 Slocomb Rd., Linden; 400 Charlotte St., Roanoke Tract 3 Redding Road, Oxford; 5724 Greenpine Cedar Grove; 700 South Roxboro St., Durham; 100 Waymomn Way, Clayton; 210 Barnes St., 400 Melton Road, Rocky Mount; 104 Jonew Court, Princeville; 260 East Front St., 11223 Raleigh Road, Four 313 Maddux Drive, Pikeville; 210 Hardingwood Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Springt House Lane, Chapel Hill; 2515 Moores Mill Rougemont; 301 Fox Park Road, Louisburg; 303 St., Burlington.
Friday, March 25, 2011
Fitch Affirms Italian Region of Lombardy at 'AA-'; Outlook Stable - YTWHW
uraa-quartely.blogspot.com
stv.tv | Fitch Affirms Italian Region of Lombardy at 'AA-'; Outlook Stable YTWHW By XiaoBing 2011-03-25 20:28:53 AM GMT +0800 (YTWHW.com) - Fitch Ratings-Milan/London-25 March 2011: Fitch Ratings has affirmed the Italian Region of Lombardy's Long-term foreign and local currency ratings at 'AA-', with Stable Outlooks, ... Fitch Affirms Home Depot's LT IDR at 'BBB+'; Revises Outlook to Positive TEXT-Fitch affirms Lotte at 'A-'; off watch negative; outlook stable Fitch Affirms Beachwood, Ohio, GOs at 'AAA'; Outlook Stable |
Wednesday, March 23, 2011
Netflix Experiences Service Outage - Hollywood Reporter
Carrier ZQA101RB
Hollywood Reporter | Netflix Experiences Service Outage Hollywood Reporter NEW YORK - Netflix's Web site streaming service experienced an outage Tuesday night that kept users from accessing their queues and streaming content - both via its Web site and via devices, such as Roku boxes. The company didn't immediately detail ... |
Monday, March 21, 2011
DiNome abandons quest to lead Reed Smith - Baltimore Business Journal:
Kenmore 75281
Reed Smith spokesman Dave Egan told the Pittsburgh Businese Times that Jordan and DiNomwe issued a joint announcement tothe Pittsburgh-basedd firm Tuesday morning that DiNome has withdrawn his “They sat down and talked and discoverec they had a lot of common Egan said. “Many of the things John was concernedf about, Greg was working on. They agreed that the best thingy for the firm was to focua on business insteadof competing.” reported last week that DiNom was challenging Jordan, who was seekinb his fourth three-year term as managing partner of the law firm.
DiNome sent out a 10-pag e statement of candidacy to all Reed Smith partnerss in which he questionedthe firm’ws business model, the compensation and transparency of senio management, and called for a more independent executive The memo was obtained by the Business DiNome and Jordan had said they agreedr to not speak publicly about the contested race to lead the 1,600-lawyetr firm, which has 150 lawyers in Philadelphia. The firm partnership will vote in the winner, who will now certainly be will start his new term in January. Jordan has not been oppose since he first sought the job in when he beat Philadelphia litigatorJohn Smith.
Jordan’es tenure has been viewed as extremely He has grown the firm through a series of significany mergers from 500 lawyers in nine officesto 1,600 lawyers in 23 including new ones in Europe, Asia and California. Focusing on a core grou p of practices with high billing Jordan also drastically increasedthe firm’zs profitability. But with the economy sagging, Reed Smith’s transactional practices have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legakl secretaries last summer and salaries forall U.S.
associatesw by 10 percent last DiNome, a labor lawyer, joined as part of a grouo from Montgomery McCrackenWalker & Rhoads led by Karl Frittobn in 1996. A graduate of West he spent seven years in active duty as a field artilleryh officer before attending Rutgers University Schoolof
Reed Smith spokesman Dave Egan told the Pittsburgh Businese Times that Jordan and DiNomwe issued a joint announcement tothe Pittsburgh-basedd firm Tuesday morning that DiNome has withdrawn his “They sat down and talked and discoverec they had a lot of common Egan said. “Many of the things John was concernedf about, Greg was working on. They agreed that the best thingy for the firm was to focua on business insteadof competing.” reported last week that DiNom was challenging Jordan, who was seekinb his fourth three-year term as managing partner of the law firm.
DiNome sent out a 10-pag e statement of candidacy to all Reed Smith partnerss in which he questionedthe firm’ws business model, the compensation and transparency of senio management, and called for a more independent executive The memo was obtained by the Business DiNome and Jordan had said they agreedr to not speak publicly about the contested race to lead the 1,600-lawyetr firm, which has 150 lawyers in Philadelphia. The firm partnership will vote in the winner, who will now certainly be will start his new term in January. Jordan has not been oppose since he first sought the job in when he beat Philadelphia litigatorJohn Smith.
Jordan’es tenure has been viewed as extremely He has grown the firm through a series of significany mergers from 500 lawyers in nine officesto 1,600 lawyers in 23 including new ones in Europe, Asia and California. Focusing on a core grou p of practices with high billing Jordan also drastically increasedthe firm’zs profitability. But with the economy sagging, Reed Smith’s transactional practices have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legakl secretaries last summer and salaries forall U.S.
associatesw by 10 percent last DiNome, a labor lawyer, joined as part of a grouo from Montgomery McCrackenWalker & Rhoads led by Karl Frittobn in 1996. A graduate of West he spent seven years in active duty as a field artilleryh officer before attending Rutgers University Schoolof
Saturday, March 19, 2011
Banks
Air Purifiers Norwalk
Private lenders, who charge much higherf interest rates than banks and use differen t criteria indetermining creditworthiness, didn’t have much demandr for their services back then. “There was lots of everyone throwing it at and we probably had the worst underwriting period in the historuy ofthe country,” said Kevin president of San Jose-based Capital. “Now it’s done a 180.” That about-facee means distressed companies with no abilityg to get loans from banks are flooding alternative lenders like Graystone and finance intermediaries such as Hanleyand Co. Inc.
in Campbell as they look for fundingh to either pay offthe banks, continue businesa operations or both. “Everyone’sd hurting, everyone’s cash flow is down and everybody’s assetzs are worth less,” said Brandt managing partner at the firm bearinghis “The banks are sitting with highly leveraged loans againsft impaired collateral, and they’re stressed out due to the regulator pressure they’re under. There’s going to be a massive flood ofproblem loans.” Alternative lenders are fetching rate ranging from 15 percent to 20 percent on loans, a premiumj compared with the traditional bank loan that hoversd around 6 percent.
Banksa are able to lend at much lower interesft rates because their own borrowing costs are and they have access tocapital markets. Graystone gauges a borrower’s financialp health by reviewing the accounts specificinvoices and, in some cases, inventory. If approved by the borrower continues to be responsible for its owncollectiona activities. O’Hare said Graystone’s deal flow has doubled sincr latesummer 2008. Its loan portfolilo has increased 20 percent in the pastsix Meanwhile, revenue from exiting borrowers with revolving lines of credit has declined by about 25 percentf as businesses fall on hard times.
As opposed to a Brereton Hanley shops distressed companies to several alternative financiers such as Graystoneand Campbell-basee BFI Business Finance in order to find optimal lending terms. Brereton Hanley’s distressed restructuring business is up 40 percenty in the pasteightr months. The kind of companies seeking that service represent everg sector inthe economy, Brereton said, from constructionj to food to retail companies. In an interestingg twist, even traditional lenders are seeking helptheses days.
O’Hare said he is getting callzsfrom banks’ workout departments asking him if Graystons is willing to take them out of certaij deals because either the loan has been callefd or the bank was considering callinvg the loan. “Good bankera will always be thinking of alternatives fortheif borrowers, but it hasn’t been to the extent that we’rwe experiencing now,” he said. That’s a clear indicationb that the banks are under extremer pressure to move troubled loans offthe “Rarely would they be callinv alternative lenders to take these (loans) off their hands,” Breretonn said.
“If there wasn’t enough workouft work, they’d lose their jobs.” Gettingb those deals depended on closer relationships with specialassets bankers. “Whag that tells you is that these workouy guys are under tremendous pressure from theidr superiors to move theseassets out,” he While the potential for new borrowerzs is plenty in the current O’Hare said due diligence on new clients is more important than especially for those lenders financing a company’s accountsw receivable. The credit crisis is so widesprear thata borrower’s ability to repay the loan is incredibl vulnerable to the financial health of its own businesses.
Private lenders, who charge much higherf interest rates than banks and use differen t criteria indetermining creditworthiness, didn’t have much demandr for their services back then. “There was lots of everyone throwing it at and we probably had the worst underwriting period in the historuy ofthe country,” said Kevin president of San Jose-based Capital. “Now it’s done a 180.” That about-facee means distressed companies with no abilityg to get loans from banks are flooding alternative lenders like Graystone and finance intermediaries such as Hanleyand Co. Inc.
in Campbell as they look for fundingh to either pay offthe banks, continue businesa operations or both. “Everyone’sd hurting, everyone’s cash flow is down and everybody’s assetzs are worth less,” said Brandt managing partner at the firm bearinghis “The banks are sitting with highly leveraged loans againsft impaired collateral, and they’re stressed out due to the regulator pressure they’re under. There’s going to be a massive flood ofproblem loans.” Alternative lenders are fetching rate ranging from 15 percent to 20 percent on loans, a premiumj compared with the traditional bank loan that hoversd around 6 percent.
Banksa are able to lend at much lower interesft rates because their own borrowing costs are and they have access tocapital markets. Graystone gauges a borrower’s financialp health by reviewing the accounts specificinvoices and, in some cases, inventory. If approved by the borrower continues to be responsible for its owncollectiona activities. O’Hare said Graystone’s deal flow has doubled sincr latesummer 2008. Its loan portfolilo has increased 20 percent in the pastsix Meanwhile, revenue from exiting borrowers with revolving lines of credit has declined by about 25 percentf as businesses fall on hard times.
As opposed to a Brereton Hanley shops distressed companies to several alternative financiers such as Graystoneand Campbell-basee BFI Business Finance in order to find optimal lending terms. Brereton Hanley’s distressed restructuring business is up 40 percenty in the pasteightr months. The kind of companies seeking that service represent everg sector inthe economy, Brereton said, from constructionj to food to retail companies. In an interestingg twist, even traditional lenders are seeking helptheses days.
O’Hare said he is getting callzsfrom banks’ workout departments asking him if Graystons is willing to take them out of certaij deals because either the loan has been callefd or the bank was considering callinvg the loan. “Good bankera will always be thinking of alternatives fortheif borrowers, but it hasn’t been to the extent that we’rwe experiencing now,” he said. That’s a clear indicationb that the banks are under extremer pressure to move troubled loans offthe “Rarely would they be callinv alternative lenders to take these (loans) off their hands,” Breretonn said.
“If there wasn’t enough workouft work, they’d lose their jobs.” Gettingb those deals depended on closer relationships with specialassets bankers. “Whag that tells you is that these workouy guys are under tremendous pressure from theidr superiors to move theseassets out,” he While the potential for new borrowerzs is plenty in the current O’Hare said due diligence on new clients is more important than especially for those lenders financing a company’s accountsw receivable. The credit crisis is so widesprear thata borrower’s ability to repay the loan is incredibl vulnerable to the financial health of its own businesses.
Thursday, March 17, 2011
Avery Johnson: "No doubt" Deron re-signing - Yahoo! Sports
Air Purifiers New York
New York Daily News | Avery Johnson: "No doubt" Deron re-signing Yahoo! Sports "I have no doubt and I'm re » |
Monday, March 14, 2011
Local home sales plummet 30% in May - Minneapolis / St. Paul Business Journal:
Sanyo 26TW72R
region plummeted 30 percent in May despite indications more potentia buyers are being drawn into the real estated market by low interest rates and a federal tax incentivdfor first-time buyers. A total of 554 new and existingt single-family homes and condominiums sold in the compared to 790 ayear ago, based on preliminary figuresx released today by the . The overal l median sale price fell2 percent, to $191,900, althoughg prices were flat or rose in four of the six counties wheres most of the sales The median price fell 7 percen in Rensselaer County ($170,000) and 4 percent in Saratoga Counth ($238,800).
The median price was unchanged in AlbanhyCounty ($205,000) and increased 6 percentf in Schenectady County ($160,000), 13 percent in Schoharie County ($148,500) and 39 percenyt in Montgomery County ($106,700). The median is the point at which half of the pricese were more and halfwere less, which is considered a better gauges of the sales market than the average. The average price in May fell 3 to $213,820.
The May resultzs don’t necessarily reflect the activity in the markety today since it takes two to three months for a purchases contract to proceed to afinal “I will tell you it has been my experiencs that open houses are active, phone calls and Interneyt leads are many,” GCAR President Sandra Nardoci said. “Thew feeling is that when buyers become confidenrt that their jobs are secure our market will pickup rapidly.” GCAR Chievf Executive Officer James Ader has said the saleas report that’s compiled in July and released to the news mediz in August will provide a good reading on how the springb market fared.
There is one potentially telling sign of apossiblse turnaround: the overall median sale price has increased steadilyg since January, rising from $171,700 to $191,900 in May. When only existinv homes are counted, total sales in May fell 26 percent. That compareds with a 3.6 percent declinee in existing-home sales nationall y compared to ayear ago. The medianh sale price for existing homes in the Albany region increased 2 to $185,000. Nationally, the median sale price was down 16.8 percent, according to the .
Albanhy County: 151 closed sales, down 16 percent Rensselaer 53closed sales, down 55 percent Saratogw County: 163 closed sales, down 34 percen Schenectady County: 93 closed down 11 percent Schohariw County: 14 closed sales, down 22 percentg Montgomery County: 20 closed no change
region plummeted 30 percent in May despite indications more potentia buyers are being drawn into the real estated market by low interest rates and a federal tax incentivdfor first-time buyers. A total of 554 new and existingt single-family homes and condominiums sold in the compared to 790 ayear ago, based on preliminary figuresx released today by the . The overal l median sale price fell2 percent, to $191,900, althoughg prices were flat or rose in four of the six counties wheres most of the sales The median price fell 7 percen in Rensselaer County ($170,000) and 4 percent in Saratoga Counth ($238,800).
The median price was unchanged in AlbanhyCounty ($205,000) and increased 6 percentf in Schenectady County ($160,000), 13 percent in Schoharie County ($148,500) and 39 percenyt in Montgomery County ($106,700). The median is the point at which half of the pricese were more and halfwere less, which is considered a better gauges of the sales market than the average. The average price in May fell 3 to $213,820.
The May resultzs don’t necessarily reflect the activity in the markety today since it takes two to three months for a purchases contract to proceed to afinal “I will tell you it has been my experiencs that open houses are active, phone calls and Interneyt leads are many,” GCAR President Sandra Nardoci said. “Thew feeling is that when buyers become confidenrt that their jobs are secure our market will pickup rapidly.” GCAR Chievf Executive Officer James Ader has said the saleas report that’s compiled in July and released to the news mediz in August will provide a good reading on how the springb market fared.
There is one potentially telling sign of apossiblse turnaround: the overall median sale price has increased steadilyg since January, rising from $171,700 to $191,900 in May. When only existinv homes are counted, total sales in May fell 26 percent. That compareds with a 3.6 percent declinee in existing-home sales nationall y compared to ayear ago. The medianh sale price for existing homes in the Albany region increased 2 to $185,000. Nationally, the median sale price was down 16.8 percent, according to the .
Albanhy County: 151 closed sales, down 16 percent Rensselaer 53closed sales, down 55 percent Saratogw County: 163 closed sales, down 34 percen Schenectady County: 93 closed down 11 percent Schohariw County: 14 closed sales, down 22 percentg Montgomery County: 20 closed no change
Saturday, March 12, 2011
SEC: N.Y. investment firm misled S. Fla. seniors - Orlando Business Journal:
http://nottedellataranta.net/?p=33
"They used free lunches as the low-tech bait for their high-scalwe scheme," said Robert Khuzami, director of the SEC's Divisio of Enforcement. The SEC alleges elderlh and retired investors were lured into purchasing highlyu unsuitable variable annuities with lucrative sales commissions while ignoringb the financial goalsof victims. The SEC alleges that Eric J. Browjn of Highland Beach, Matthew J. Collins of Boyntoh Beach, Kevin J. Walsh of Viera, and Mark W.
Wells of Boca were among those offering and sellingthe It’s alleged that the firm and its representativez earned millions of dollars in sales PCS is a registered broker-dealer and wholly-owned subsidiary of Gilman an income tax preparation business headquartered in Poughkeepsie that offeres financial services in New York, New Jersey, Pennsylvaniqa and Florida. Robert Heim, a NewYork attorne y who representsPrime Capital, Gilman Ciocia, and severa l of the individuals, including Collins and said the conduct at issue in the complaint is "very old" and occurred in the late 1990w and early 2000. He said the compang reached a settlement with the when it was calledthe (NASD).
As part of that the company implementedsome wide-ranginy updates to its supervisory and compliance systems in Heim said. He added that he didn't know why the SEC was goint over thesame ground. "All of these issues were addressed yeare ago and we feelthe company'sw response has been he said. While Brown and Walsh have since left, Collins and Wells are still with the he said. An administrative law judge will determine whether the allegations against the respondents aretrue and, if so, whethef they should be ordered to cease and desist from futurse violations.
"They used free lunches as the low-tech bait for their high-scalwe scheme," said Robert Khuzami, director of the SEC's Divisio of Enforcement. The SEC alleges elderlh and retired investors were lured into purchasing highlyu unsuitable variable annuities with lucrative sales commissions while ignoringb the financial goalsof victims. The SEC alleges that Eric J. Browjn of Highland Beach, Matthew J. Collins of Boyntoh Beach, Kevin J. Walsh of Viera, and Mark W.
Wells of Boca were among those offering and sellingthe It’s alleged that the firm and its representativez earned millions of dollars in sales PCS is a registered broker-dealer and wholly-owned subsidiary of Gilman an income tax preparation business headquartered in Poughkeepsie that offeres financial services in New York, New Jersey, Pennsylvaniqa and Florida. Robert Heim, a NewYork attorne y who representsPrime Capital, Gilman Ciocia, and severa l of the individuals, including Collins and said the conduct at issue in the complaint is "very old" and occurred in the late 1990w and early 2000. He said the compang reached a settlement with the when it was calledthe (NASD).
As part of that the company implementedsome wide-ranginy updates to its supervisory and compliance systems in Heim said. He added that he didn't know why the SEC was goint over thesame ground. "All of these issues were addressed yeare ago and we feelthe company'sw response has been he said. While Brown and Walsh have since left, Collins and Wells are still with the he said. An administrative law judge will determine whether the allegations against the respondents aretrue and, if so, whethef they should be ordered to cease and desist from futurse violations.
Wednesday, March 9, 2011
Summit at Copper Square hit with foreclosure notice - Phoenix Business Journal:
social-gland.blogspot.com
A notice of trustee sale on the 23-stort luxury project was filed July 10 at the MaricopaCounty Recorder’s office by the public trustee, Fidelityy National Title Insurance Co., according to informatiohn from Ion Data, a Mesa research firm. The project was built by . The Chicago-basedr firm’s principal, David Wallach, was planning to buile another high-rise downtown and was partnerinh with pro sports investor Dale Jensen and others to develop the Jackson Street Entertainment District when the housinvgmarkets collapsed. The Phoenix Business Journal was unable to reach Wallach for comment about the pendingh foreclosure sale and his plansin Phoenix.
Davixd Newcombe, a broker with Russ Lyon Sotheby’s International Realtyh who specializes in urban luxurycondo sales, said news of the foreclosure was “You know, I’m really surprised at that,” Newcombr said. “According to informationj supplied to the Business 91 of the 165 residences are sold in The Summit atCoppere Square.” Newcombe said a handful had been taken back by lenders when buyers were unable to cover their loans. He said one 966-square-footg unit that originally soldfor $550,000 and was taken back by the bank and now is listee at $275,000. He said five individual units are scheduled for trustee salex in thecoming weeks.
It is unknownm how the project’s foreclosure sale will impacfindividual units, if at all. A May 2008 storyy published in the Business Journapl noted thata $3.1 million mechanic’as lien had been filed againsr the project and individual condo owners by the general The Weitz Co. At that time, constructiojn attorney Joel Sannes, said such mechanic’s liensx create additional obstacles and title encumbrancews for residents who want to sell their According to the noticer oftrustee sale, Wallach’s companu through the legal entity, The Summit at Copper Square LLC, received a $44 million construction loan from FNBN-RESCO I LLC, a Delaware limitecd liability company.
The point person for FNBN listed on the truste e sale notice is Tom Hosied of Stearns Bankin
A notice of trustee sale on the 23-stort luxury project was filed July 10 at the MaricopaCounty Recorder’s office by the public trustee, Fidelityy National Title Insurance Co., according to informatiohn from Ion Data, a Mesa research firm. The project was built by . The Chicago-basedr firm’s principal, David Wallach, was planning to buile another high-rise downtown and was partnerinh with pro sports investor Dale Jensen and others to develop the Jackson Street Entertainment District when the housinvgmarkets collapsed. The Phoenix Business Journal was unable to reach Wallach for comment about the pendingh foreclosure sale and his plansin Phoenix.
Davixd Newcombe, a broker with Russ Lyon Sotheby’s International Realtyh who specializes in urban luxurycondo sales, said news of the foreclosure was “You know, I’m really surprised at that,” Newcombr said. “According to informationj supplied to the Business 91 of the 165 residences are sold in The Summit atCoppere Square.” Newcombe said a handful had been taken back by lenders when buyers were unable to cover their loans. He said one 966-square-footg unit that originally soldfor $550,000 and was taken back by the bank and now is listee at $275,000. He said five individual units are scheduled for trustee salex in thecoming weeks.
It is unknownm how the project’s foreclosure sale will impacfindividual units, if at all. A May 2008 storyy published in the Business Journapl noted thata $3.1 million mechanic’as lien had been filed againsr the project and individual condo owners by the general The Weitz Co. At that time, constructiojn attorney Joel Sannes, said such mechanic’s liensx create additional obstacles and title encumbrancews for residents who want to sell their According to the noticer oftrustee sale, Wallach’s companu through the legal entity, The Summit at Copper Square LLC, received a $44 million construction loan from FNBN-RESCO I LLC, a Delaware limitecd liability company.
The point person for FNBN listed on the truste e sale notice is Tom Hosied of Stearns Bankin
Monday, March 7, 2011
Kansas City OKs next phase of East Village project - Kansas City Business Journal:
http://americanpartnershipforpets.com/appnews09-12-02.html
The East Village plan calls for the transformation of nine blockse of scattered buildings and surface parkingvon Downtown’s east side into a mixed-usw neighborhood anchored by ’s new $60 million corporatre headquarters. A notice issued by Kansass City’s , a division of the city manager’sw office, calls for the $1.6 million remediation and demolition of the ReStart The work, to be performex or subcontracted by Co., is expectex to begin later this month and be completedc by late spring or early summer. It will necessitat closing one lane of 11th Street between Holmew andCherry streets.
“We are very excitedx to see this project moving City Manager Wayne Cauthen said ina “This demolition will open up valuable property and allow the East Village project to continuse to progress and improve the aestheticsz and economics of the area.” Remediatioh and demolition of anothetr building in the East Village the former bus terminal at 11th and Holmees streets, is scheduled to begin in the In October, the city agreed to pay $5 milliomn to buy the longtimw downtown eyesore from The bus termina l parcel is part of a two-block site in the runninf for a proposed new federal office buildinyg that would house more than 1,000 employeezs of the and the .
The city bough the bus terminal with bonds to be repair with tax revenue generated by the EastVillaged project. Of $31.2 million in tax-incremen t financing approved forEast Village, $12 million was earmarked for buying and cleaning up blighted properties in the nine-block
The East Village plan calls for the transformation of nine blockse of scattered buildings and surface parkingvon Downtown’s east side into a mixed-usw neighborhood anchored by ’s new $60 million corporatre headquarters. A notice issued by Kansass City’s , a division of the city manager’sw office, calls for the $1.6 million remediation and demolition of the ReStart The work, to be performex or subcontracted by Co., is expectex to begin later this month and be completedc by late spring or early summer. It will necessitat closing one lane of 11th Street between Holmew andCherry streets.
“We are very excitedx to see this project moving City Manager Wayne Cauthen said ina “This demolition will open up valuable property and allow the East Village project to continuse to progress and improve the aestheticsz and economics of the area.” Remediatioh and demolition of anothetr building in the East Village the former bus terminal at 11th and Holmees streets, is scheduled to begin in the In October, the city agreed to pay $5 milliomn to buy the longtimw downtown eyesore from The bus termina l parcel is part of a two-block site in the runninf for a proposed new federal office buildinyg that would house more than 1,000 employeezs of the and the .
The city bough the bus terminal with bonds to be repair with tax revenue generated by the EastVillaged project. Of $31.2 million in tax-incremen t financing approved forEast Village, $12 million was earmarked for buying and cleaning up blighted properties in the nine-block
Friday, March 4, 2011
PBA backs expanded River District renewal area - Triangle Business Journal:
http://newriversailandpowersquadron.org/Vessel_Safety_Checks/vessel_safety_checks.html
Sandra McDonough, the alliance’s president and CEO, told the Portlanr City Council on June 17 that the city needs to do everythiny it can to providemore jobs. The councipl is reconsidering expanding the River District by nearl42 acres, as well as increase the amount of bonda the city can assume to fund projects withihn the district. The councio and the Portland Development Commission had first soughft the expansion nearly two years ago but were thwarted by a group complaint.
The Friends of Urbanb Renewal group had chargesd that the River Districtexpansiobn proposal, which would have also redirectes $20 million in district-generatex funds to a new East Portlaned elementary school, didn’t fit technical urban renewal The council will vote on the measure next week. McDonougn said urban renewal provides funding for investmentsin infrastructure, housing, social servicee and public-private partnerships. “We need to creatr jobs,” she said.
“We have an opportunit y to do just that by adoptint theserevised findings, which address the issues that have been raised about the River District We can then move forward with the important projects that depens on these funds.” City Commissioner Nick Fish has said that the constructionm of a new homeless services center could depend on urban renewall funds if construction is to begin this McDonough said the alliance backxs using urban renewal funds to builc the center.
Sandra McDonough, the alliance’s president and CEO, told the Portlanr City Council on June 17 that the city needs to do everythiny it can to providemore jobs. The councipl is reconsidering expanding the River District by nearl42 acres, as well as increase the amount of bonda the city can assume to fund projects withihn the district. The councio and the Portland Development Commission had first soughft the expansion nearly two years ago but were thwarted by a group complaint.
The Friends of Urbanb Renewal group had chargesd that the River Districtexpansiobn proposal, which would have also redirectes $20 million in district-generatex funds to a new East Portlaned elementary school, didn’t fit technical urban renewal The council will vote on the measure next week. McDonougn said urban renewal provides funding for investmentsin infrastructure, housing, social servicee and public-private partnerships. “We need to creatr jobs,” she said.
“We have an opportunit y to do just that by adoptint theserevised findings, which address the issues that have been raised about the River District We can then move forward with the important projects that depens on these funds.” City Commissioner Nick Fish has said that the constructionm of a new homeless services center could depend on urban renewall funds if construction is to begin this McDonough said the alliance backxs using urban renewal funds to builc the center.
Wednesday, March 2, 2011
A Home for Captured Carbon Dioxide - New York Times (blog)
zlatkopaisley1275.blogspot.com
New York Times (blog) | A Home for Captured Carbon Dioxide New York Times (blog) FutureGen, the Energy Department's on-again, off-again pilot project for capturing and sequestering carbon dioxide from coal-fired power plants, has chosen a place to put this greenhouse gas: in Morgan County, Ill., about 32 miles ... FutureGen to store carbon dioxide in Morgan County FutureGen to store carbon dioxide in Morgan County FutureGen backers hope to ease lingering concerns |
Subscribe to:
Posts (Atom)