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In most metropolitan markets, developers do not take the risk of constructin an office building unless they have an anchof tenantunder contract. More oftej than not, an anchor tenantg initiates the request for proposa and dictates what a buildinhlooks like. "It is the most efficienf way to elicit thebest deal," said Jim Barryh III, president of Colliers Barry, a Milwaukeee real estate brokerage and development company. Seve Milwaukee and Chicago developers earlier this year submittefd proposals for a new downtown officr at the request ofQuarles & the second-largest law firm in Milwaukee.
Quarles revieweds the RFPs for a new home indowntown Milwaukee, but optexd to stay at the 411 E. Wisconsih Ave. building that has been the firm's home sincde 1986. "Many large firms use the RFPs as leverage in thei rlease negotiations," Barry said. Ann managing partner of Quarles & Brady'se Milwaukee office, insists the law firm was sincerre in looking for a new home but could not refuse the offetr to stay put from the new ownership group of the 411 East Wisconsin Quarles & Brady's leas e renewal paved the way for , Sant Ana, Calif.
, to purchas the 654,000-square-foot building for more than $90 A spokesman for Triplew Net Properties would not disclose any lease details relatedx to Quarles & Brady's The building sale is expected to closse by the end of "We invested a lot of time and money evaluating the proposals and arriving at a Murphy said. Quarles & Bradty hired two real estate consultants to work with developersx on the proposals and formed an internakl committee of partners who also devoted time tothe process.
, was one of seve developers submitting plans toQuarles & The company is working with Milwaukee lawyer Robertr Levine to develop a 17-story, 300,000-square-foott high-rise that would replace storefronts from 301 E. Wisconsin Ave. to 327 E. Wisconsin Ave., Milwaukee. "Competing in the Quarled process was not a wastse of time because we are stilpl recruiting tenants for our projecg and use thesame documents," said Josh Mintzer, a Jankop partner. Mintzer is confidenty another tenant will emerge that understandzs how the efficiencies of a new building will translateinto cost-savings for a tenant.
"It is frustrating when you don't win, but when you do land a projectt it makes up for thoseeopportunities lost," Mintzer said. The most difficulyt request for proposal competitions are withgovernmenyt agencies, said Robert Bronstein, president of The , "RFPs issued by public sector organizationas tend to be incredibly broas and developers have a hard time discerning what will move the agenct to select their project," Bronstein said. The Sciom Group was one of two finalistw in an RFP contest to win the righgt to develop the Kenilworth Building for the Universithyof Wisconsin-Milwaukee.
The RFP process was conducter by the University of Wisconsin Systek board of regents in September 2003 and then overturnerd by the state Building Commission fivemonths later. The commission threwa out proposals from Scionand , Chicago, alleging that the competitiob was not handled properly. The Wisconsin Departmen of Administration eventuallyselectedd Milwaukee's in June 2004 to redeveloo the Kenilworth Building, 1925 E.
Kenilworth Place, by convertingh it into student housing, retail and office
Monday, October 31, 2011
Saturday, October 29, 2011
First American affiliate buys Attleboro site - San Antonio Business Journal:
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million. First American, on behalf of an affiliate, bought a 5,650-square-footy building called Building 5 anda 213,000-square-foot, three-storu manufacturing facility called Building 12. The Attleboro Corporate Campus was previouslyg owned and occupied by and isa 300-acre mixed-use officse and industrial campus located just off Interstate 95 in Building 12 is leased to as it’sw global manufacturing headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gasea and its parent, The Linde Group. Preferred Unlimited Inc. is a 15-year-ol commercial real estate firm whichg started as Preferred Real EstateInvestments Inc.
The compan y is headquartered in Conshohocken, Pa. First American Realthy Inc. is a privately held investment and management firm basedin Worcester, which acquires industrial and medicalk office properties.
million. First American, on behalf of an affiliate, bought a 5,650-square-footy building called Building 5 anda 213,000-square-foot, three-storu manufacturing facility called Building 12. The Attleboro Corporate Campus was previouslyg owned and occupied by and isa 300-acre mixed-use officse and industrial campus located just off Interstate 95 in Building 12 is leased to as it’sw global manufacturing headquarters. Building 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gasea and its parent, The Linde Group. Preferred Unlimited Inc. is a 15-year-ol commercial real estate firm whichg started as Preferred Real EstateInvestments Inc.
The compan y is headquartered in Conshohocken, Pa. First American Realthy Inc. is a privately held investment and management firm basedin Worcester, which acquires industrial and medicalk office properties.
Thursday, October 27, 2011
Adele returns to the top of the Billboard 200, passes 4 million sales total ... - Entertainment Weekly
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Billboard | Adele returns to the top of the Billboard 200, passes 4 million sales total ... Entertainment Weekly Christian band Casting Crowns finished close behind in second place with first-week sales of their album Come to the Well at 99000 copies. The band's last album, 2009′s Until the Whole World Hears, got off to a stronger start with 167000 copies sold, ... Casting Crowns Scores Top Billboard 200 Debut, Adele Back at No. 1 Casting Crowns Debuts New Album at Top of Billboard Adele Retakes #1 Slot On Billboard |
Tuesday, October 25, 2011
The top destinations to visit in 2012 - USA Today
plesciamipukoa1855.blogspot.com
USA Today | The top destinations to visit in 2012 USA Today As it has for the past two years, the guidebook publisher/travel website allowed readers to chime in on where they want to go next year. And the winner by a landslide? Turkey, with 51% of the vote among a list of 10 ... |
Sunday, October 23, 2011
Former local football star flounders financially - Atlanta Business Chronicle:
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million judgment from the latesr ofhis troubles. Kosar, of Weston, and related companie also lost foreclosure judgments on multifamily propertie s in theTampa area, and face a pendinf foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evicted from its Southg Miami spacein November. Many South Florida and Cleveland sports fans remember Kosarf for his stellar succeses onthe field. He led UM to its firstg football national championshipin 1984, then played 12 seasonse in the NFL, mostly with the . Kosar, now 45, played his final season with thein 1996.
The UM trusted is a minority owner of boththe NHL’ss and the , an team that sat out the past season along with the rest of the league. The Plain Dealer reported that the Gladiators lost $2 million to $2.5 million in the inaugural 2008 season, during which Kosar was team president and guiderd the team to the semi-finals. Meanwhile, the Panthera have discussed merging the team with a NewYork company, Stree t & Smith’s SportsBusiness Journal has reported. It appearw Kosar could use some money to paymountinvg judgments. In April, National City Bank won a $4.2 milliojn judgment against Kosar andBJK LLC.
It was base d on the remaining delinquent amoun t of a promissory note that was increasedto $12 millionh in 2005, with Kosa as a personal guarantor. The lawsuiyt does not say what BJK and Kosar used themoney for, but it said he defaulted on the note in June 2008. Kosar’ws attorney, David Lister of Weston, did not retur n repeated callsseeking comment. West Palm Beach-basedc attorney Michael T. Kranz, who represents Nationalk City Bank, also did not return several calls. Kosar’s attempt at running some multifamilyt propertieson Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalik LLC on May 11 losta $2.
9 millio foreclosure judgment to Florida Bank in Pinellas County Circuig Court. The 36-unit building was scheduledr for public sale onJune 16. In April, Kosadr and his Oakmont LLC losta $3.3 million foreclosure judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartmen t building. The bank has another foreclosure lawsuit pending in Pinellasw County against Kosar and hisPCV LLC. Kosar also facesa significant tax problems, including $59,881 in unpaid property taxes on his Weston home and a combined $93,647 in federal tax lienxs against him over his personal incomde taxes, including some years filed jointly with ex-wife Babettse Kosar.
However, Kosar did fully pay a separate $228,806 federal tax lien placefd on him inJuly 2008. When The Plain Dealer questiones Kosar about those previously unpaic taxesin August, Kosat said some bills were lost in the shuffle during his “Divorce is difficult enough as it is, especiallyy for someone who wasn’t realluy looking to do that,” he told the “So, who owes what and all of that becomeds hard, but whatever I owe, obviously I woulds pay.” Kosar’s home, at 2940 Paddock Road, is currently listed online for sale for $3.5 It was purchased for almost the same amount in 2006.
million judgment from the latesr ofhis troubles. Kosar, of Weston, and related companie also lost foreclosure judgments on multifamily propertie s in theTampa area, and face a pendinf foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evicted from its Southg Miami spacein November. Many South Florida and Cleveland sports fans remember Kosarf for his stellar succeses onthe field. He led UM to its firstg football national championshipin 1984, then played 12 seasonse in the NFL, mostly with the . Kosar, now 45, played his final season with thein 1996.
The UM trusted is a minority owner of boththe NHL’ss and the , an team that sat out the past season along with the rest of the league. The Plain Dealer reported that the Gladiators lost $2 million to $2.5 million in the inaugural 2008 season, during which Kosar was team president and guiderd the team to the semi-finals. Meanwhile, the Panthera have discussed merging the team with a NewYork company, Stree t & Smith’s SportsBusiness Journal has reported. It appearw Kosar could use some money to paymountinvg judgments. In April, National City Bank won a $4.2 milliojn judgment against Kosar andBJK LLC.
It was base d on the remaining delinquent amoun t of a promissory note that was increasedto $12 millionh in 2005, with Kosa as a personal guarantor. The lawsuiyt does not say what BJK and Kosar used themoney for, but it said he defaulted on the note in June 2008. Kosar’ws attorney, David Lister of Weston, did not retur n repeated callsseeking comment. West Palm Beach-basedc attorney Michael T. Kranz, who represents Nationalk City Bank, also did not return several calls. Kosar’s attempt at running some multifamilyt propertieson Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalik LLC on May 11 losta $2.
9 millio foreclosure judgment to Florida Bank in Pinellas County Circuig Court. The 36-unit building was scheduledr for public sale onJune 16. In April, Kosadr and his Oakmont LLC losta $3.3 million foreclosure judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartmen t building. The bank has another foreclosure lawsuit pending in Pinellasw County against Kosar and hisPCV LLC. Kosar also facesa significant tax problems, including $59,881 in unpaid property taxes on his Weston home and a combined $93,647 in federal tax lienxs against him over his personal incomde taxes, including some years filed jointly with ex-wife Babettse Kosar.
However, Kosar did fully pay a separate $228,806 federal tax lien placefd on him inJuly 2008. When The Plain Dealer questiones Kosar about those previously unpaic taxesin August, Kosat said some bills were lost in the shuffle during his “Divorce is difficult enough as it is, especiallyy for someone who wasn’t realluy looking to do that,” he told the “So, who owes what and all of that becomeds hard, but whatever I owe, obviously I woulds pay.” Kosar’s home, at 2940 Paddock Road, is currently listed online for sale for $3.5 It was purchased for almost the same amount in 2006.
Thursday, October 20, 2011
Opus West says it owes $1.46 billion - South Florida Business Journal:
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and some of its subsidiaries filed voluntary petitionsd late Monday for reorganization underChaptet 11. Chapter 11 generally removes the threat of lawsuitsz from creditors while a business seeks to rehabilitatse itself andcontinue operations. Opus West and its affiliate reportedabout $1.28 billion in total assetes and $1.46 billion in totaol liabilities, according to bankruptcy court filings. The corporation and its affiliates had combineed revenue ofabout $405 millionj in 2008. The parent company lists 200 to999 creditors, accordinh to bankruptcy filings. Opus West Corp.
owns aboutr 20 real estate development properties either directly or through entitiez set up to holdthe properties, the courr filings say. The total debt on thos properties isabout $414 million and the value of the properties is aboutf $403 million. In additiob to Opus West Corp., the subsidiaries that have filed Chapter 11 petitions are Opus WestConstruction Corp., Opus West LP, Opus West Partnersz Inc. and O.W. Commercial Inc. Opus West has guaranteed about $1.15 billion in loans for its subsidiariez andjoint ventures, and most of those loans are in default, the court filings say.
Steep declines in commerciall real estate values and difficult credit market conditions necessitateedthe filing, said John Greer, chief restructuring officer of Opus Greer said Opus West will keep a "modesyt presence" in Phoenix, Texas and Californiwa to work on asset dispositions and "While we began slowing the pace of new developmentr nearly two years ago in anticipation of difficult market we must now take additional measures to enable an orderlyt wind-down of our portfolio, protecrt asset values and maximize return on lenders' investment," Greer said in a preparedr statement.
Opus West and its subsidiaries have sufferec declining financial performancesince 2008, resulting in defaults on certainj credit lines and constrained liquidity, according to an affidavit fileds by Greer, managing member of New York-based Phoenix Capital Partners, which is the chievf restructuring officer of Opus West Corp. Greer is also president of the Opus West Opus West Partnersand O.W. Commercial subsidiaries. Opus has focusee on recapitalizing through projecf salesand refinancing, but has been unablde to do so because of poor marketf conditions, Greer's affidavit says.
Sincre 1979, Opus West and its affiliatez have developed more than 52 million squarse feetof office, industrial, retail, multifamily, government and institutional the affidavit says. The company' s assets include interests in commercial and residential real estats projectsacross California, Arizona and Texas, including office, industrial, apartment and retai projects in various stages of development, the affidaviy says.
Addison-based Opus West LP, formed to develop real estate propertiedsin Texas, owns seven properties that consist of either vacanr land, or a project undef construction or completed The total debt on those propertiees is about $105 million and theirr value is about $134 Greer's filing states. Opus has been dramatically scalingv back its North Texas operations for more thana year. Opus spokeswomanm Winston Hewett told the that the Addisom office has not started a new development in more than a year and has cut its stafr in Dallas to 12 employees from about 40 ayear ago. Opus West'ss overall headcount had dropped to 40 as ofJuly 1, compared to 291 two yeard ago, Hewett said.
Since dozens of subcontractors have filed lien s totaling morethan $4 million against Opus West Corp. and Opus West Constructionm tied to TwoAddisonn Circle, a $23 million, 198,000-square-foot speculative office building in Addison. The building was developed and is owned by Opus West The liens claim Opus owes the subcontractorsd for labor or materials provided in the course of The six-story Two Addison building on the west side of the Dallax North Tollway just north of Arapahoi Road was recently completed, but has no The credit crunch and slowing demand for office space left Opus unable to get permanent financinhg to replace the short-term constructio loan on the Addison project, Hewett Other Opus West Corp.
projects in Nort Texas include 121 Lakepointe an office and industrial developmentin Lewisville; and Broadstone Parkway, a 5.8-acre mixed-us e project at 5005 Galleria Drive in North Dallas. Dallasa area creditors include RL Murphey Commercial Roof owed $1.24 million; Green Fire Systems of owed $856,660; and Ennis Steel Industriex Inc., owed $519,402; and Tas Commerciapl Concrete Construction, owed $500,704, according to court records.
troubles stem from the globaleconomic downturn, deteriorationh of the real estate market and the credi crunch, which has made it difficult for borroweras to get financing to fund real estate projecte or refinance existing projects, Greer's affidavit states. The turmoiol has scared buyers, leading to excesss supply and lower The dramatic downturn has caused Opus to be out of compliance with terms of various loanes and unable torestructure them, and attempts to raised capital and sell assets have proven bringing about the Chapter 11 Greer's affidavit says. Opus' challenges vary considerably by region, said Mark chairman and CEO ofOpus Corp.
"Opusw West faced particularly dramatid drops in real estate values in markets such as Californiqand Arizona, and has been particularly challenged by the sharpp downturn in the capital marketsx and availability of refinancing," he said. Rauenhorst said that two other independent operating companies of OpusGroupo -- and Opus Northwest LLC -- have been less affectefd by the economic and capitakl market conditions because of their mix of project types and their location in stronger , which is based in Minnetonka, is a design-build development firm that specializes in industrial, retail, multifamily, government and institutionall projects.
It also controlz Washington-based LLC, which filed for Chaptere 7 liquidation inlate June. Opus Group said its subsidiary, whicgh is based in Atlanta, filed for reorganizationb in bankruptcy court onApril 22.
and some of its subsidiaries filed voluntary petitionsd late Monday for reorganization underChaptet 11. Chapter 11 generally removes the threat of lawsuitsz from creditors while a business seeks to rehabilitatse itself andcontinue operations. Opus West and its affiliate reportedabout $1.28 billion in total assetes and $1.46 billion in totaol liabilities, according to bankruptcy court filings. The corporation and its affiliates had combineed revenue ofabout $405 millionj in 2008. The parent company lists 200 to999 creditors, accordinh to bankruptcy filings. Opus West Corp.
owns aboutr 20 real estate development properties either directly or through entitiez set up to holdthe properties, the courr filings say. The total debt on thos properties isabout $414 million and the value of the properties is aboutf $403 million. In additiob to Opus West Corp., the subsidiaries that have filed Chapter 11 petitions are Opus WestConstruction Corp., Opus West LP, Opus West Partnersz Inc. and O.W. Commercial Inc. Opus West has guaranteed about $1.15 billion in loans for its subsidiariez andjoint ventures, and most of those loans are in default, the court filings say.
Steep declines in commerciall real estate values and difficult credit market conditions necessitateedthe filing, said John Greer, chief restructuring officer of Opus Greer said Opus West will keep a "modesyt presence" in Phoenix, Texas and Californiwa to work on asset dispositions and "While we began slowing the pace of new developmentr nearly two years ago in anticipation of difficult market we must now take additional measures to enable an orderlyt wind-down of our portfolio, protecrt asset values and maximize return on lenders' investment," Greer said in a preparedr statement.
Opus West and its subsidiaries have sufferec declining financial performancesince 2008, resulting in defaults on certainj credit lines and constrained liquidity, according to an affidavit fileds by Greer, managing member of New York-based Phoenix Capital Partners, which is the chievf restructuring officer of Opus West Corp. Greer is also president of the Opus West Opus West Partnersand O.W. Commercial subsidiaries. Opus has focusee on recapitalizing through projecf salesand refinancing, but has been unablde to do so because of poor marketf conditions, Greer's affidavit says.
Sincre 1979, Opus West and its affiliatez have developed more than 52 million squarse feetof office, industrial, retail, multifamily, government and institutional the affidavit says. The company' s assets include interests in commercial and residential real estats projectsacross California, Arizona and Texas, including office, industrial, apartment and retai projects in various stages of development, the affidaviy says.
Addison-based Opus West LP, formed to develop real estate propertiedsin Texas, owns seven properties that consist of either vacanr land, or a project undef construction or completed The total debt on those propertiees is about $105 million and theirr value is about $134 Greer's filing states. Opus has been dramatically scalingv back its North Texas operations for more thana year. Opus spokeswomanm Winston Hewett told the that the Addisom office has not started a new development in more than a year and has cut its stafr in Dallas to 12 employees from about 40 ayear ago. Opus West'ss overall headcount had dropped to 40 as ofJuly 1, compared to 291 two yeard ago, Hewett said.
Since dozens of subcontractors have filed lien s totaling morethan $4 million against Opus West Corp. and Opus West Constructionm tied to TwoAddisonn Circle, a $23 million, 198,000-square-foot speculative office building in Addison. The building was developed and is owned by Opus West The liens claim Opus owes the subcontractorsd for labor or materials provided in the course of The six-story Two Addison building on the west side of the Dallax North Tollway just north of Arapahoi Road was recently completed, but has no The credit crunch and slowing demand for office space left Opus unable to get permanent financinhg to replace the short-term constructio loan on the Addison project, Hewett Other Opus West Corp.
projects in Nort Texas include 121 Lakepointe an office and industrial developmentin Lewisville; and Broadstone Parkway, a 5.8-acre mixed-us e project at 5005 Galleria Drive in North Dallas. Dallasa area creditors include RL Murphey Commercial Roof owed $1.24 million; Green Fire Systems of owed $856,660; and Ennis Steel Industriex Inc., owed $519,402; and Tas Commerciapl Concrete Construction, owed $500,704, according to court records.
troubles stem from the globaleconomic downturn, deteriorationh of the real estate market and the credi crunch, which has made it difficult for borroweras to get financing to fund real estate projecte or refinance existing projects, Greer's affidavit states. The turmoiol has scared buyers, leading to excesss supply and lower The dramatic downturn has caused Opus to be out of compliance with terms of various loanes and unable torestructure them, and attempts to raised capital and sell assets have proven bringing about the Chapter 11 Greer's affidavit says. Opus' challenges vary considerably by region, said Mark chairman and CEO ofOpus Corp.
"Opusw West faced particularly dramatid drops in real estate values in markets such as Californiqand Arizona, and has been particularly challenged by the sharpp downturn in the capital marketsx and availability of refinancing," he said. Rauenhorst said that two other independent operating companies of OpusGroupo -- and Opus Northwest LLC -- have been less affectefd by the economic and capitakl market conditions because of their mix of project types and their location in stronger , which is based in Minnetonka, is a design-build development firm that specializes in industrial, retail, multifamily, government and institutionall projects.
It also controlz Washington-based LLC, which filed for Chaptere 7 liquidation inlate June. Opus Group said its subsidiary, whicgh is based in Atlanta, filed for reorganizationb in bankruptcy court onApril 22.
Tuesday, October 18, 2011
Talkshow Digelar di Luar Ruangan - Radar Jogja
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Talkshow Digelar di Luar Ruangan Radar Jogja Begitulah salah satu pertanyaan dari perwakilan wali murid TK Pujokusuman di Ndalem Pujokusuman, Jogja. Ya, Jumat (30/9) pagi, dalam cuaca yang sangat cerah diadakan acara on air talkshow kesehatan di TK ini. Acara yang mengambil tema Bincang Sehat ... |
Sunday, October 16, 2011
Buckeyes expose Illinois weaknesses in 17-7 upset win - Washington Post
idozxun.blogspot.com
Buckeyes expose Illinois weaknesses in 17-7 upset win Washington Post By AP, CHAMPAIGN, Ill. â€" Ohio State's 17-7 upset of Illinois answered one big question for the Buckeyes â€" how do we end a two losing streak? But Illinois' loss on Saturday raised a bunch of questions for the Illini (6-1, 2-1 Big Ten) and dropped them ... |
Friday, October 14, 2011
Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Minneapolis / St. Paul Business Journal:
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Opus, which developed more than 13 millionh square feet of commercial space in the regionsinces 1994, . The 210-page list of creditors did not specif whether they were securedor unsecured, nor did it say how much moneh each was owed. Among the firm’ largest creditors is , which is seeking more than $25 million from Opus tied to a 160,000-square-foort office it was building for defensecontractor NOC) in Linthicum Heights. The bank sued Opus subsidiarh Nursery Corner BB LLC in Anne Arundel County Circuitg Court onJune 29, claiminhg Opus defaulted on the loan, according to courty documents.
In its bankruptcyt filing, Opus listed assets of between $50 millionm and $100 million and liabilities ofbetweebn $100 million and $500 Other notable Baltimore-area firma listed included: in Baltimore; Century Engineering; the Economicx Alliance of Greater Baltimore; ; American Officwe Equipment Co. Inc.; ; ; and Rummel, Kleppetr & Kahl LLP. The U.S. Bankruptcty Court in Delaware has scheduled a creditords meeting to be heldJuly 22.
Opus, which developed more than 13 millionh square feet of commercial space in the regionsinces 1994, . The 210-page list of creditors did not specif whether they were securedor unsecured, nor did it say how much moneh each was owed. Among the firm’ largest creditors is , which is seeking more than $25 million from Opus tied to a 160,000-square-foort office it was building for defensecontractor NOC) in Linthicum Heights. The bank sued Opus subsidiarh Nursery Corner BB LLC in Anne Arundel County Circuitg Court onJune 29, claiminhg Opus defaulted on the loan, according to courty documents.
In its bankruptcyt filing, Opus listed assets of between $50 millionm and $100 million and liabilities ofbetweebn $100 million and $500 Other notable Baltimore-area firma listed included: in Baltimore; Century Engineering; the Economicx Alliance of Greater Baltimore; ; American Officwe Equipment Co. Inc.; ; ; and Rummel, Kleppetr & Kahl LLP. The U.S. Bankruptcty Court in Delaware has scheduled a creditords meeting to be heldJuly 22.
Wednesday, October 12, 2011
MJ could not have administered fatal dose - Times of India
zemlyanikiyri.blogspot.com
ABC News | MJ could not have administered fatal dose Times of India "In order for Mr. Jackson to have administered the Propofol to himself, you would have to assume he woke up and although he was under the influence of Propofol and other sedatives, he was somehow able to administer Propofol to himself. ... Coroner: No Evidence Michael Jackson Self-Administered Lethal Dose of Propofol Testimony strikes at heart of Jackson doctor's defense Circumstances do not support self-administration: Murray trial update |
Monday, October 10, 2011
Real estate vets opening hardware store - Baltimore Business Journal:
hydiuco.blogspot.com
Jeff Pfeil and Deane Pfeikl are opening later this summed at 63Third St., the same addressw where they renovated the upper four floorw into 19 luxury apartments called The Conservatory. The husband-and-wifse team -- who own the commercialk leasing and marketingfirm Inc. in Saratoga Springsw -- say a hardware store is needed downtowb to serve local businesses and residents who must now travel miles away to buy equipment andother supplies. They know the frustratioh firsthand after doing two residential renovation projectsw inthe city, the Conservatory and Powere Park Lofts in north Troy.
“Our construction staff was runninfg all over to pick upthe incidentals,” Jeff Pfeil “We were spending a lot of time drivingy to Latham and I was hauling a lot from in Saratoga. We ‘Gee, there’s a void here.’” Trojan Hardware on Congresa Street recently closed after 94 yearsin business, leaving downtow n with no other hardware stores. The closest is across the Hudson Rive r in Watervliet or uptown near the town of Pfeil Hardware will be part of inFort Ind., the nation’s second largest hardware co-operative. The store will be managed by Steven Lesnewskiof Pittsfield, Mass., who has more than 25 year s of experience in the hardware industry.
The 8,700-square-footr store will stock hardware, smalpl appliances, fasteners, electrical and plumbing supplies, Benjaminb Moore paints and other products. It won’t sell The Pfeils have been planning the storr fora year. As part of their researcgh they visited hardware stores in college towns and largde cities to see what kinds of productscustomers need. They also searcher hard for someone to managethe store. “Ths decision wasn’t final until we found the righf person,” Pfeil said. The Pfeils have been in the commerciapl real estate and developmengt business for more than 20 but this will be the first time they will owna There’s a reason for that.
“Becausse of all the years we worked with retailerds very closely we have a pretty thorough understandingof retail, that’e probably why we never went into it,” Jeff Pfeil said. “It’s sort of a joke, but retail is a lot of hard long hours and all the things that comewith Still, they knew from personal experience a hardware storde is needed and were encouraged by the resultsd of their marketing studies. Finding a seasoned store managed wasalso critical. Mayor Harry Tutunjian cheerexd the announcement aboutthe store.
“Jeff and Deane Pfeil have a recorrd of success in Troy and I am sure that this new venturre will succeedas well,” Tutunjian “The residents of Troy will benefit from havinf a well stocked urban hardware store in the heartr of the city.” The openinf of Pfeil Hardware, which is tentatively set for September, will return retailing to a downtown building that had long servedr as the home of Stanley’s department The building sat empty for years before the Pfeild bought it and converted the upper floorse into 19 luxury apartments they call The Conservatory. All but two of the apartmentsa were occupied as ofJuly 1.
The Pfeils declined to say how much they spenrtin start-up costs for the hardware store. Nor did they want to say how much they coulxd have received per square foot had they leasexd the first floor space to another Lease rates in downtown Troywere $10 to $20 per squarew foot as of the fourth quartetr of 2008, according to CB Richard
Jeff Pfeil and Deane Pfeikl are opening later this summed at 63Third St., the same addressw where they renovated the upper four floorw into 19 luxury apartments called The Conservatory. The husband-and-wifse team -- who own the commercialk leasing and marketingfirm Inc. in Saratoga Springsw -- say a hardware store is needed downtowb to serve local businesses and residents who must now travel miles away to buy equipment andother supplies. They know the frustratioh firsthand after doing two residential renovation projectsw inthe city, the Conservatory and Powere Park Lofts in north Troy.
“Our construction staff was runninfg all over to pick upthe incidentals,” Jeff Pfeil “We were spending a lot of time drivingy to Latham and I was hauling a lot from in Saratoga. We ‘Gee, there’s a void here.’” Trojan Hardware on Congresa Street recently closed after 94 yearsin business, leaving downtow n with no other hardware stores. The closest is across the Hudson Rive r in Watervliet or uptown near the town of Pfeil Hardware will be part of inFort Ind., the nation’s second largest hardware co-operative. The store will be managed by Steven Lesnewskiof Pittsfield, Mass., who has more than 25 year s of experience in the hardware industry.
The 8,700-square-footr store will stock hardware, smalpl appliances, fasteners, electrical and plumbing supplies, Benjaminb Moore paints and other products. It won’t sell The Pfeils have been planning the storr fora year. As part of their researcgh they visited hardware stores in college towns and largde cities to see what kinds of productscustomers need. They also searcher hard for someone to managethe store. “Ths decision wasn’t final until we found the righf person,” Pfeil said. The Pfeils have been in the commerciapl real estate and developmengt business for more than 20 but this will be the first time they will owna There’s a reason for that.
“Becausse of all the years we worked with retailerds very closely we have a pretty thorough understandingof retail, that’e probably why we never went into it,” Jeff Pfeil said. “It’s sort of a joke, but retail is a lot of hard long hours and all the things that comewith Still, they knew from personal experience a hardware storde is needed and were encouraged by the resultsd of their marketing studies. Finding a seasoned store managed wasalso critical. Mayor Harry Tutunjian cheerexd the announcement aboutthe store.
“Jeff and Deane Pfeil have a recorrd of success in Troy and I am sure that this new venturre will succeedas well,” Tutunjian “The residents of Troy will benefit from havinf a well stocked urban hardware store in the heartr of the city.” The openinf of Pfeil Hardware, which is tentatively set for September, will return retailing to a downtown building that had long servedr as the home of Stanley’s department The building sat empty for years before the Pfeild bought it and converted the upper floorse into 19 luxury apartments they call The Conservatory. All but two of the apartmentsa were occupied as ofJuly 1.
The Pfeils declined to say how much they spenrtin start-up costs for the hardware store. Nor did they want to say how much they coulxd have received per square foot had they leasexd the first floor space to another Lease rates in downtown Troywere $10 to $20 per squarew foot as of the fourth quartetr of 2008, according to CB Richard
Friday, October 7, 2011
Denver Business Journal: Nomination
http://www.guiasinterpretes.com/jslinkardb2.html
Nominations will be judged solely on the information provided on thenominationj forms. So, be sure to fill in the form completelhy and give a thorough explanation foreach criteria. The deadline to submi nominations is5 p.m., June 19. For more information about the nomination contact Connie Elsburyat 303-803-9223w or celsbury@bizjournals.com. For more information about the event, contactt Meghan Tynan at 303-803-9213 or meghantynan@bizjournals.
comn 2009 - Champions in Health Care (Deadlined is June 19, 2009) Deadline: June 19, 2009 Innovator (honoringv a person or organization for developingf a breakthrough in medical technology or This can include Provider (health care individual, such as, but not limitedd to, doctors/nurses, EMTs and home healthcarde workers, for exemplary performance) Please be complete Provide specific examples of why the nominee should be
Nominations will be judged solely on the information provided on thenominationj forms. So, be sure to fill in the form completelhy and give a thorough explanation foreach criteria. The deadline to submi nominations is5 p.m., June 19. For more information about the nomination contact Connie Elsburyat 303-803-9223w or celsbury@bizjournals.com. For more information about the event, contactt Meghan Tynan at 303-803-9213 or meghantynan@bizjournals.
comn 2009 - Champions in Health Care (Deadlined is June 19, 2009) Deadline: June 19, 2009 Innovator (honoringv a person or organization for developingf a breakthrough in medical technology or This can include Provider (health care individual, such as, but not limitedd to, doctors/nurses, EMTs and home healthcarde workers, for exemplary performance) Please be complete Provide specific examples of why the nominee should be
Wednesday, October 5, 2011
New Layoffs Are Harbingers of Broader Economic Changes - U.S. News & World Report
http://www.lamontanita.org/definingagricultural.htm
New Layoffs Are Harbingers of Broader Economic Changes U.S. News & World Report "I just think we're in a paradigm-changing, era-changing, watershedâ€"whatever you call itâ€"time," John Challenger, CEO of Challenger, Gray & Christmas, tells US News. Though the spike in layoffs is alarming, the bigger story in the numbers is what they ... |
Monday, October 3, 2011
Deal gives VC-owned firms a shot at research awards - Boston Business Journal:
omagyvoham.wordpress.com
The deal limits the number of SBIR contractsw that can be awardeeto VC-owned firms, however. The legislation would alloew the to award up to 18 percent of its SBIR dollarsto VC-ownedx firms. The other 10 agencies that participate in the SBIR prograj could award up to 8 percenft of their SBIR dollars to thes e typesof companies. The compromise was includedx in an SBIR reauthorization bill approverd recently by the ona 19-0 If it’s passed by the full Senate in Septembet and accepted by the it could end a five-year battle over eligibility for the SBIR Congress created the SBIR programk in 1982. It requires federal agencies with large outsides research budgets to award atleast 2.
5 percent of this moneu to small businesses. In fiscalo 2006, small companies received approximately $2 billion in SBIR ruled in 2003 that acompanh doesn’t qualify as a small busineszs if venture capital firms have an equity stake of 50 percentr or more in the company. This made many particularly in thebiotechnology industry, ineligibl e for SBIR awards. and the have been lobbyinb Congress to overturnthe SBA’s ruling ever They contend small biotech companies are forced to turn to venture capital because bringing new drugs and other innovationsd to market takes a lot of time and These companies shouldn’t be penalizerd just because of their financial they argue.
“Thousands of small companie are pursuing biotech innovations that can improvehuma health, expand our food supply, and provide new sourcesz of energy,” said BIO President Jim “They may not yet have produc revenue, but they have tremendousd potential — and are precisely the kindd of efforts the SBIR program was intended to and some current SBIR recipients, however, contend that companiesw owned by VC firms are no longefr small businesses. Ownership equal s control, they argue. Allowing companies flushb with VC cash to be eligible for SBIR awardsx would crowd out businesses that trulyare small, they The House sided with BIO and venturre capitalists.
By an 368-43 vote April 23, it passed legislation that would restore the SBIR eligibilityof venture-owneds small businesses, as long as no single VC firm owns a majorit y stake. The Senate, by worked for months on an agreement aimed at addressinb the concerns ofboth sides. By allowing NIH to awarfd up to 18 percent of its SBIR grantsto venture-owne d firms, it acknowledged the importance of venture capital to the biotecjh industry while ensuring that most of the awards go to smal businesses that are not controlled by VC The Senate legislation also would increase SBIR’s share of agency R&D budget s from 2.5 percent to 3.5 percent, exceptt at NIH, which would remain at 2.
5 The House rejected a proposal to increasde the SBIR share to 3 percent, largelty due to opposition from universities, whichu feared they would lose federalk research dollars as a result. The size of SBIR award s also would increase under theSenate bill, from $100,000 to $150,00o0 for first-phase awards, and from $750,000 to $1 millio for second-phase awards. The by contrast, tripled these recommendex maximums. This would result in far fewer companies receiving SBIR critics said. The Senate bill was a result of negotiationxsbetween Sen. John Kerry, D-Mass., and othed senators, including Sen. Kit Bond, R-Mo., who sponsoredr legislation toallow venture-owned companies in the SBIR program.
“Neithefr of us really like it, but no one took advantagde of anyone, and everyone is still trying to figure outwho won,” said Kerry, who chairsw the Senate Small Business and Entrepreneurship “I am told that is the sign of a good “It’s the best compromise that could be worked out under the said Jere Glover, executive director of the Small Business Technology Council. “The question he said, “do the VCs get greedy and come back for The National Venture Capital Associationis “not happy” with the Senate compromisre and instead strongly supports the House bill, said NVCA Vice Presidenty Emily Mendell.
Capping the number of SBIR awardsto venture-ownerd firms is “really limiting the number of reallyg good innovations that can be looked at,” she said.
The deal limits the number of SBIR contractsw that can be awardeeto VC-owned firms, however. The legislation would alloew the to award up to 18 percent of its SBIR dollarsto VC-ownedx firms. The other 10 agencies that participate in the SBIR prograj could award up to 8 percenft of their SBIR dollars to thes e typesof companies. The compromise was includedx in an SBIR reauthorization bill approverd recently by the ona 19-0 If it’s passed by the full Senate in Septembet and accepted by the it could end a five-year battle over eligibility for the SBIR Congress created the SBIR programk in 1982. It requires federal agencies with large outsides research budgets to award atleast 2.
5 percent of this moneu to small businesses. In fiscalo 2006, small companies received approximately $2 billion in SBIR ruled in 2003 that acompanh doesn’t qualify as a small busineszs if venture capital firms have an equity stake of 50 percentr or more in the company. This made many particularly in thebiotechnology industry, ineligibl e for SBIR awards. and the have been lobbyinb Congress to overturnthe SBA’s ruling ever They contend small biotech companies are forced to turn to venture capital because bringing new drugs and other innovationsd to market takes a lot of time and These companies shouldn’t be penalizerd just because of their financial they argue.
“Thousands of small companie are pursuing biotech innovations that can improvehuma health, expand our food supply, and provide new sourcesz of energy,” said BIO President Jim “They may not yet have produc revenue, but they have tremendousd potential — and are precisely the kindd of efforts the SBIR program was intended to and some current SBIR recipients, however, contend that companiesw owned by VC firms are no longefr small businesses. Ownership equal s control, they argue. Allowing companies flushb with VC cash to be eligible for SBIR awardsx would crowd out businesses that trulyare small, they The House sided with BIO and venturre capitalists.
By an 368-43 vote April 23, it passed legislation that would restore the SBIR eligibilityof venture-owneds small businesses, as long as no single VC firm owns a majorit y stake. The Senate, by worked for months on an agreement aimed at addressinb the concerns ofboth sides. By allowing NIH to awarfd up to 18 percent of its SBIR grantsto venture-owne d firms, it acknowledged the importance of venture capital to the biotecjh industry while ensuring that most of the awards go to smal businesses that are not controlled by VC The Senate legislation also would increase SBIR’s share of agency R&D budget s from 2.5 percent to 3.5 percent, exceptt at NIH, which would remain at 2.
5 The House rejected a proposal to increasde the SBIR share to 3 percent, largelty due to opposition from universities, whichu feared they would lose federalk research dollars as a result. The size of SBIR award s also would increase under theSenate bill, from $100,000 to $150,00o0 for first-phase awards, and from $750,000 to $1 millio for second-phase awards. The by contrast, tripled these recommendex maximums. This would result in far fewer companies receiving SBIR critics said. The Senate bill was a result of negotiationxsbetween Sen. John Kerry, D-Mass., and othed senators, including Sen. Kit Bond, R-Mo., who sponsoredr legislation toallow venture-owned companies in the SBIR program.
“Neithefr of us really like it, but no one took advantagde of anyone, and everyone is still trying to figure outwho won,” said Kerry, who chairsw the Senate Small Business and Entrepreneurship “I am told that is the sign of a good “It’s the best compromise that could be worked out under the said Jere Glover, executive director of the Small Business Technology Council. “The question he said, “do the VCs get greedy and come back for The National Venture Capital Associationis “not happy” with the Senate compromisre and instead strongly supports the House bill, said NVCA Vice Presidenty Emily Mendell.
Capping the number of SBIR awardsto venture-ownerd firms is “really limiting the number of reallyg good innovations that can be looked at,” she said.
Saturday, October 1, 2011
JPMorgan BofA sued over mortgage debt losses - Moneycontrol.com
idellecromwell1991.blogspot.com
Business Standard | JPMorgan BofA sued over mortgage debt losses Moneycontrol.com Another plaintiff, Germany's Landesbank Baden-Wurttemberg, raised similar claims in a separate lawsuit against JPMorgan over USD 500 million of RMBS that it said it bought. The lawsuits accuse the banks of packaging large amounts of high-risk mortgages ... BofA and JPMorgan sued over securities BofA, JPMorgan Chase Sued By Investors Over Mortgage Debt Losses Investors sue JPMorgan, BofA |
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