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Thursday, March 17, 2011
Avery Johnson: "No doubt" Deron re-signing - Yahoo! Sports
Air Purifiers New York
Monday, March 14, 2011
Local home sales plummet 30% in May - Minneapolis / St. Paul Business Journal:
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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 |
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