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The Troy college recentlyy signeda 10-year lease with 400 Jordan Road LLC. The schookl will pay approximately $605,000 a year to lease 36,557 square feet of space. Hudson Valley’a popular paramedic program will occupy about half of the new The school also will move its respiratory care program and a that trainsz employees forarea businesses, according to Stephen director of the college’s physical The remainder of the leased spaced will house ’s Next Step office, a communicationa worker training program coordinated by the Those departments all currently are locatee in Hudson Valley’s 90,000-square-foot Hy Rosenblum Administration Center, a 1940z era building that Cowamn said needs major “It’s a tired old building.
We are lookinf at total renovations or he said. But the college decidec to lease space from the througgh 400 Jordan Road LLC for 10 years while the collegd decides whether it should overhaul or tear down the HyRosenblumj building. The college continues to grow, but becausew of the economy it does not have the moneyt to renovate the current buildingright now, Cowan Hudson Valley is planning to hire a consulting firm this summer to help officials decide the most cost effectivr way to deal with the Rosenblunm building. helped Hudson Valley negotiatedthe lease.
The colleg plans to have the four programsa and departments moved into the new spacee in North Greenbush before the start of classeson Aug. 31. The building previously had been used as officer space forVerizon workers, Cowan said.
Friday, November 30, 2012
Thursday, November 29, 2012
Filene
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An auction was to have begun at9 a.m. a week after the bankrupt discount retaile was sold to an affiliaterof Men’s Wearhouse (NYSE: MW) in a biddinvg war that lasted several Limited and formal objections to that $67 million deal have since been filed in Delaware bankruptcy prompting a judge to send the chain back for auction Among those objecting to the sale is Crowb Acquisitions, the company that was first in line to buy Filene’s assets. The company in a filingt this week claimedthe Men’s Wearhouse transaction didn’t follow biddiny procedures and described the auctiom itself as “a travesty.
” Crown claimed that Men’s Wearhouse originally said it had no interesrt in buying Filene’s assets through an outright sale, but as part of a Crown said Men’s Wearhouse laterr swooped in with a bid that was filesd after a court deadline. The in downtownj Baltimore is slated to The new auction was to have beguhn at9 a.m. Friday. A hearing followingy the auction is scheduledfor 12:30 p.m., according to courft documents. Filene’s Basement sought protectiomn from creditors in May in Delawarrebankruptcy court, months after closing severapl stores. Columbus, Ohio-based Retail Ventures Inc. (NYSE: which maintains a majority stake in discount shoe retailerDSW Inc.
DSW), sold the chain this year to FB IIAcquisitionn Corp., a new entity owned by liquidationm and turnaround firm Buxbaum Group.
An auction was to have begun at9 a.m. a week after the bankrupt discount retaile was sold to an affiliaterof Men’s Wearhouse (NYSE: MW) in a biddinvg war that lasted several Limited and formal objections to that $67 million deal have since been filed in Delaware bankruptcy prompting a judge to send the chain back for auction Among those objecting to the sale is Crowb Acquisitions, the company that was first in line to buy Filene’s assets. The company in a filingt this week claimedthe Men’s Wearhouse transaction didn’t follow biddiny procedures and described the auctiom itself as “a travesty.
” Crown claimed that Men’s Wearhouse originally said it had no interesrt in buying Filene’s assets through an outright sale, but as part of a Crown said Men’s Wearhouse laterr swooped in with a bid that was filesd after a court deadline. The in downtownj Baltimore is slated to The new auction was to have beguhn at9 a.m. Friday. A hearing followingy the auction is scheduledfor 12:30 p.m., according to courft documents. Filene’s Basement sought protectiomn from creditors in May in Delawarrebankruptcy court, months after closing severapl stores. Columbus, Ohio-based Retail Ventures Inc. (NYSE: which maintains a majority stake in discount shoe retailerDSW Inc.
DSW), sold the chain this year to FB IIAcquisitionn Corp., a new entity owned by liquidationm and turnaround firm Buxbaum Group.
Wednesday, November 28, 2012
Chad Kroeger Amazed by Wife Avril Lavigne's Talent - Opposing Views
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Opposing Views | Chad Kroeger Amazed by Wife Avril Lavigne's Talent Opposing Views If Nickelback's Chad Kroeger is impressed this much by Avril Lavigne, how much must he suck? Trick question. The answer is "a lot." Via Contact Music: Chad Kroeger says working with fiancee Avril Lavigne is "like taking a bazooka to a knife fight! Avril Lavign e Without Makeup |
Monday, November 26, 2012
Herndon software firm acquired - Silicon Valley / San Jose Business Journal:
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million in cash. Herndon-based RealOps sells businesss software that companies use to manage information technology servicesa acrossmultiple technologies. The purchase price was relayefd to investorsin e-mails. Houston-based BMC and RealOpd wouldn't disclose the price. of Vienna, whicb invested in RealOps, wouldn't comment on the price. Anothe venture capital firm that isan investor, Santa Calif.-based , did not return calls for BMC said RealOps' software would complement its Atrium Configurationn Management database that enable companies to integrate and automatde operational activities across IT managemengt functions.
"Organizations today requir e strong ties between operations and service management that expand the valuerof both," said BMC Senior Vice President Jim Grant in a "The acquisition of RealOps provides BMC with a matures product that fits well with our [businesxs service management] strategy and delivers industry-leading capabilitiez today that competitors like HP Software talk about but can't The acquisition puts RealOps, which raised more than $14 millio n in venture capital, alongside BMC's much biggetr stable of products and in front of a much vaster storre of customers. BMC (NYSE: BMC) generated $1.58 billion worthb of sales in the 12 months endinhgMarch 31, 2007.
million in cash. Herndon-based RealOps sells businesss software that companies use to manage information technology servicesa acrossmultiple technologies. The purchase price was relayefd to investorsin e-mails. Houston-based BMC and RealOpd wouldn't disclose the price. of Vienna, whicb invested in RealOps, wouldn't comment on the price. Anothe venture capital firm that isan investor, Santa Calif.-based , did not return calls for BMC said RealOps' software would complement its Atrium Configurationn Management database that enable companies to integrate and automatde operational activities across IT managemengt functions.
"Organizations today requir e strong ties between operations and service management that expand the valuerof both," said BMC Senior Vice President Jim Grant in a "The acquisition of RealOps provides BMC with a matures product that fits well with our [businesxs service management] strategy and delivers industry-leading capabilitiez today that competitors like HP Software talk about but can't The acquisition puts RealOps, which raised more than $14 millio n in venture capital, alongside BMC's much biggetr stable of products and in front of a much vaster storre of customers. BMC (NYSE: BMC) generated $1.58 billion worthb of sales in the 12 months endinhgMarch 31, 2007.
Sunday, November 25, 2012
OneSource iSell™ Integrates with Microsoft Dynamics® to help sales teams ... - Sacramento Bee
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OneSource iSell™ Integrates with Microsoft Dynamics® to help sales teams ... Sacramento Bee 13, 2012 -- /PRNewswire/ -- OneSource Information Services, Inc. announced today the integration of Microsoft Dynamics with OneSource iSell to significantly improve sales productivity using Dynamics CRM by allowing salespeople to manage their entire ... |
Friday, November 23, 2012
Austin only major city to add jobs in last year - Portland Business Journal:
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The region added about 3,400 jobs between April 2008 andAprik 2009, making it the only one of the nation' 38 largest cities to post a job new data from the Bureau of Labore Statistics shows. This is the third consecutivre month that Austin has outperformed all of theother U.S. citiesw with labor forces of 750,000 or more. The unemploymenr rate for April stoodat 5.8 percent. The 0.4 percenr increase in job totalsis modest, but still a betteer showing than cities such as Portland (downb 4.7 percent) and Raleigh, N.C. (dowj 3.3 percent).
Jobs in goods producing industriew in the Austin area dropped by 500 jobs in a slowdown from the rapid pace ofreceng losses, according to an analysis of the data from the Capitak Area Council of Governments. Retail, hotel, and restaurangt jobs are all up from this time last And professional and business servicee sector employment is back toits all-times high last seen in October 2008. But another key sectoe for the region, technology, isn't doing quits as well. Computer, semiconductor and other electronic componenrt manufacturing is still Jobs in the semiconductor segment fellto 15,700 back to spring 2006 totals. As Texas citiese go, Austin's 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percen in April and Houston at 6.3 percent. Only San Antonio's rate was lower than Austin'w at 5.4 percent. Smaller metro areass including McAllen, Brownsville and Beaumount all had ratez above8 percent.
The region added about 3,400 jobs between April 2008 andAprik 2009, making it the only one of the nation' 38 largest cities to post a job new data from the Bureau of Labore Statistics shows. This is the third consecutivre month that Austin has outperformed all of theother U.S. citiesw with labor forces of 750,000 or more. The unemploymenr rate for April stoodat 5.8 percent. The 0.4 percenr increase in job totalsis modest, but still a betteer showing than cities such as Portland (downb 4.7 percent) and Raleigh, N.C. (dowj 3.3 percent).
Jobs in goods producing industriew in the Austin area dropped by 500 jobs in a slowdown from the rapid pace ofreceng losses, according to an analysis of the data from the Capitak Area Council of Governments. Retail, hotel, and restaurangt jobs are all up from this time last And professional and business servicee sector employment is back toits all-times high last seen in October 2008. But another key sectoe for the region, technology, isn't doing quits as well. Computer, semiconductor and other electronic componenrt manufacturing is still Jobs in the semiconductor segment fellto 15,700 back to spring 2006 totals. As Texas citiese go, Austin's 5.
8 percent unemployment rate was one ofthe Dallas-Fort Worth stood at 6.6 percen in April and Houston at 6.3 percent. Only San Antonio's rate was lower than Austin'w at 5.4 percent. Smaller metro areass including McAllen, Brownsville and Beaumount all had ratez above8 percent.
Thursday, November 22, 2012
Westar Energy seeks $19.7M rate increase - The Business Journal of Milwaukee:
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million, or 1.5 percent. In a Tuesdat release, the Topeka-based electric utility (NYSE: WR) said it seeks the rate increasre to recover costs for expenditures in the second phase of its Emporia Energy Centef andtwo company-owned wind farms in Kansa s that were under construction but not in operatioj when its 2008 rate case concluded. The if approved by the KCC, woulde mean a $9.7 million increase in the company’as north region, which includes Olathe and Lawrence, and a $10 millioj increase in its south which includes theWichita area, Westar said. A residential customer usingh 900 kilowatthours (kWh) in Westar’s north region coulx expect an increase of abouf $1.
43 a month, the company In the south region, a residential customer using 900 kWh couldc expect an increase of 71 cents a If approved, the new average residential rate wouldf be 9.33 cents per kWh for Westar’s nortuh region and 9.11 cents per kWh for its south The average national residential rate is 11.52 cents per kWh, the companh said. The rate review was part of the agreementy reached by all parties in the2008 case, which the KCC approvedr in January, Westar said.
“Although electric rate s are going up, we managed our natura gas plant and wind farm constructiobncosts closely, and they came in more than $22 million under the originapl cost estimates and the amounts the KCC indicatefd would be allowed for recoverg in rates,” Westar CEO Bill Moore said in the “We continue to work to meet our customers’ electricityy needs as well as to develop Kansas renewabl energy resources.” Westar is the largesg electric utility in Kansas, providing electric service to aboutg 681,000 customers in the state.
It also has about 6,80 megawatts of electric generation capacity and operates and coordinates morethan 35,00 0 miles of electric distribution and transmission
million, or 1.5 percent. In a Tuesdat release, the Topeka-based electric utility (NYSE: WR) said it seeks the rate increasre to recover costs for expenditures in the second phase of its Emporia Energy Centef andtwo company-owned wind farms in Kansa s that were under construction but not in operatioj when its 2008 rate case concluded. The if approved by the KCC, woulde mean a $9.7 million increase in the company’as north region, which includes Olathe and Lawrence, and a $10 millioj increase in its south which includes theWichita area, Westar said. A residential customer usingh 900 kilowatthours (kWh) in Westar’s north region coulx expect an increase of abouf $1.
43 a month, the company In the south region, a residential customer using 900 kWh couldc expect an increase of 71 cents a If approved, the new average residential rate wouldf be 9.33 cents per kWh for Westar’s nortuh region and 9.11 cents per kWh for its south The average national residential rate is 11.52 cents per kWh, the companh said. The rate review was part of the agreementy reached by all parties in the2008 case, which the KCC approvedr in January, Westar said.
“Although electric rate s are going up, we managed our natura gas plant and wind farm constructiobncosts closely, and they came in more than $22 million under the originapl cost estimates and the amounts the KCC indicatefd would be allowed for recoverg in rates,” Westar CEO Bill Moore said in the “We continue to work to meet our customers’ electricityy needs as well as to develop Kansas renewabl energy resources.” Westar is the largesg electric utility in Kansas, providing electric service to aboutg 681,000 customers in the state.
It also has about 6,80 megawatts of electric generation capacity and operates and coordinates morethan 35,00 0 miles of electric distribution and transmission
Wednesday, November 21, 2012
Tablet maker Pandigital no longer offering warranty replacements, reminds us ... - Engadget
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Tablet maker Pandigital no longer offering warranty replacements, reminds us ... Engadget To be completely fair, Pandigital officially called it quits back in July of this year, when it handed the remaining of its assets to a liquidator in order to comply with the don't-call-it-a-bankruptcy process. Now, however, the creator of that 7-inch ... |
Saturday, November 17, 2012
NFL: Eagles rule out Michael Vick - NorthJersey.com
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San Francisco Chronicle | NFL: Eagles rule out Michael Vick NorthJersey.com Philadelphia Eagles quarterback Michael Vick will miss Sunday's game against the Washington Redskins due to the effects of a concussion. Rookie Nick Foles, who replaced Vick during the 38-23 loss to D » |
Monday, November 12, 2012
Women driving change - Phoenix Business Journal:
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Sharon, president and chief executive of The Plaza has been appointedto governor's councils on work forcse development, economic development, military facilities and "She is the kind of person who explains her vision in such a way that you immediately want to be a part of says Diane McCarthy, of ASU Alumn Foundation, and formerly with "She has the vision and can sell Last year, Sharon was chairwoman of the Greater Phoenixx Economic Council and mobilized the business community around investment in education and attracting high-wage jobs. She also is a trustere of the multi-million-dollar Virginia G. Pipetr Foundation.
"People like Sharon Harper have carved a nice path for women in saysMary Vanis, director of work forcre development for Maricopa County Community Colleges. "Shr has a wonderful style that isnot domineering; it's soft but Sharon balks that leaders should be tallied in accordancr to their gender. "The principles are the same, whether you are man or Sharon says. You need to have passionm and energy, focus, be smary and intuitive, and try to produce excellence in whateveffield you're in. Those are the winningf combinations." A former high school teacher has found a progressively larger voice as she guides occupationap programs for the countyand state.
As director of the Center for Workforcew Development for the Maricopa CountyCommunity Colleges, Mary Vanis is responsibler for making sure occupational training in Arizonas meets employer needs. Mary also is a member of the Arizonaq BioTechnology EconomicDevelopment Committee, the Governor's Council on Workforcer Policy, the Governor's Council on and the accreditation review council of the Nortuh Central Association of Colleges and Schools. She has been lookesd to for input on larger national and state workforcw efforts.
"One of the rewards of this is communicatinvgeverything we're learning to help the colleges develop programs with the right curriculu m based on the right kind of information," Mary Mary, whose mother was of the Choctaw also assists American Indian She specifically has helped with trainin g her ancestral population with quality job She says the Native American community never questioned her "Indian-ness" (with red hair and rounx eyes, she takes after her Europeab father), and the Phoenix Indiah Center offered her a great deal of support followinb a divorce and relocation to this She advises other women not to be afrai d to take risks.
"A support systenm is critical as you move forward with Mary says. " Don't do it alone. Changee requires more than one person." Caroo Kamin's name appears in the papers at least once a usually when Arizona ranks toward the bottom for child Reporters turn to Carol for comment because for 16 her organization, Children's Action Alliance, has fanned the fire underr policy makers to do more for yountg families and children.
Carol, founder and executivwe directorof CAA, successfully lobbied for an expansion of state health care to uninsuresd children living above the poverty and the "Healthy Families" initiative that mentors new CAA also supports expanding unemployment insurance benefits, chil d care subsidies to working families, health care accese for all children, school readinesx and bolstering Arizona's Child Protective Services. Carol regularly remindse Arizona that it is difficult to have a healthy business environmenft if kids andfamilies aren't "They go hand in hand," she Carol is an optimist.
She has to be in a stater where one in five children live in poverty and have no health care insurance. "I couldn't continuse doing the work I do ifI didn'rt have some faith in the good common sensse that Arizona's policy makers and electe officials would do the right thing," she
Sharon, president and chief executive of The Plaza has been appointedto governor's councils on work forcse development, economic development, military facilities and "She is the kind of person who explains her vision in such a way that you immediately want to be a part of says Diane McCarthy, of ASU Alumn Foundation, and formerly with "She has the vision and can sell Last year, Sharon was chairwoman of the Greater Phoenixx Economic Council and mobilized the business community around investment in education and attracting high-wage jobs. She also is a trustere of the multi-million-dollar Virginia G. Pipetr Foundation.
"People like Sharon Harper have carved a nice path for women in saysMary Vanis, director of work forcre development for Maricopa County Community Colleges. "Shr has a wonderful style that isnot domineering; it's soft but Sharon balks that leaders should be tallied in accordancr to their gender. "The principles are the same, whether you are man or Sharon says. You need to have passionm and energy, focus, be smary and intuitive, and try to produce excellence in whateveffield you're in. Those are the winningf combinations." A former high school teacher has found a progressively larger voice as she guides occupationap programs for the countyand state.
As director of the Center for Workforcew Development for the Maricopa CountyCommunity Colleges, Mary Vanis is responsibler for making sure occupational training in Arizonas meets employer needs. Mary also is a member of the Arizonaq BioTechnology EconomicDevelopment Committee, the Governor's Council on Workforcer Policy, the Governor's Council on and the accreditation review council of the Nortuh Central Association of Colleges and Schools. She has been lookesd to for input on larger national and state workforcw efforts.
"One of the rewards of this is communicatinvgeverything we're learning to help the colleges develop programs with the right curriculu m based on the right kind of information," Mary Mary, whose mother was of the Choctaw also assists American Indian She specifically has helped with trainin g her ancestral population with quality job She says the Native American community never questioned her "Indian-ness" (with red hair and rounx eyes, she takes after her Europeab father), and the Phoenix Indiah Center offered her a great deal of support followinb a divorce and relocation to this She advises other women not to be afrai d to take risks.
"A support systenm is critical as you move forward with Mary says. " Don't do it alone. Changee requires more than one person." Caroo Kamin's name appears in the papers at least once a usually when Arizona ranks toward the bottom for child Reporters turn to Carol for comment because for 16 her organization, Children's Action Alliance, has fanned the fire underr policy makers to do more for yountg families and children.
Carol, founder and executivwe directorof CAA, successfully lobbied for an expansion of state health care to uninsuresd children living above the poverty and the "Healthy Families" initiative that mentors new CAA also supports expanding unemployment insurance benefits, chil d care subsidies to working families, health care accese for all children, school readinesx and bolstering Arizona's Child Protective Services. Carol regularly remindse Arizona that it is difficult to have a healthy business environmenft if kids andfamilies aren't "They go hand in hand," she Carol is an optimist.
She has to be in a stater where one in five children live in poverty and have no health care insurance. "I couldn't continuse doing the work I do ifI didn'rt have some faith in the good common sensse that Arizona's policy makers and electe officials would do the right thing," she
Saturday, November 10, 2012
UPDATE 2-Maersk raises outlook on container unit rebound - Reuters
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Winnipeg Free Press | UPDATE 2-Maersk raises outlook on container unit rebound Reuters COPENHAGEN, Nov 9 (Reuters) - Rebounding container rates drove A.P. Moller-Maersk's operating profit above forecasts in the third quarter and the Danish oil and shipping group upped its full-year outlook. Chief Executive Nils Smedegaard Andersen ... < p size="-1">Denmark's AP Moller-Maersk sees Q3 profit jump 191 percent as core ... AP Moller-Maersk's Q3 profit jumps 191 percent |
Thursday, November 8, 2012
BlueCross cuts jobs at Hoover HQ - Birmingham Business Journal:
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The number of impactefd employees was notimmediatelty known, but sources said dozens of positions were cut amonv BlueCross’ customer relations, marketing and data processingf departments. The Birmingham Business Journal reported on June 12the state’es largest health insurance provider had already cut human resource positions and were eyeing more BlueCross’ claims department personnel attended a June 4 meetingt in which employees were told only eight jobs were available to bid on in a 200-person department, sources said. BlueCrossd managers told employees many businesses are turningg toelectronic claims, decreasing the need for pape records administered in-house.
BlueCross did not immediatel y respond to phoneor e-mail messages seekingt comment on Thursday’s job Two weeks ago, BlueCross said it is “reviewinyg the scale of our administrative capacities” to be properly aligned with its customer base and its corporate mission. Without providing specific numbers on anticipatecdjob cuts, it said its personnel adjustmentxs are in response to declining customer It blamed the recession and the state’s escalatinfg unemployment rate for the job In a June 10 e-mailed statement, BlueCross said it is “nog immune to these challenging and difficult times.
” “We too are being affectef by the current economic downturn and the doubling of the unemployment rate in Alabama over the last 12 BlueCross’ statement read. “Many of our customeras have had to reduce their work forcr and this has resulted in some having to drop theire healthcare coverage.” Alabama’s unemployment rate was 9.8 perceny in May. It was 4.7 percentg in May 2008. BlueCross of Alabamaq said it has 3,400 employees in Alabama. In BlueCross had 3,000 local employees, according to Birmingham BusinessJournal research.
It held 96 percentf of the small business health insurancw market in the state in the most recent data available In 2008, BlueCross reported $4 billion in premiumk revenue, up from $3.5 billioj in 2007. Its $28.6 million 2008 net income was 60 percenrt lower than in 2007 and resulted in a profit marginj of less than one half of1
The number of impactefd employees was notimmediatelty known, but sources said dozens of positions were cut amonv BlueCross’ customer relations, marketing and data processingf departments. The Birmingham Business Journal reported on June 12the state’es largest health insurance provider had already cut human resource positions and were eyeing more BlueCross’ claims department personnel attended a June 4 meetingt in which employees were told only eight jobs were available to bid on in a 200-person department, sources said. BlueCrossd managers told employees many businesses are turningg toelectronic claims, decreasing the need for pape records administered in-house.
BlueCross did not immediatel y respond to phoneor e-mail messages seekingt comment on Thursday’s job Two weeks ago, BlueCross said it is “reviewinyg the scale of our administrative capacities” to be properly aligned with its customer base and its corporate mission. Without providing specific numbers on anticipatecdjob cuts, it said its personnel adjustmentxs are in response to declining customer It blamed the recession and the state’s escalatinfg unemployment rate for the job In a June 10 e-mailed statement, BlueCross said it is “nog immune to these challenging and difficult times.
” “We too are being affectef by the current economic downturn and the doubling of the unemployment rate in Alabama over the last 12 BlueCross’ statement read. “Many of our customeras have had to reduce their work forcr and this has resulted in some having to drop theire healthcare coverage.” Alabama’s unemployment rate was 9.8 perceny in May. It was 4.7 percentg in May 2008. BlueCross of Alabamaq said it has 3,400 employees in Alabama. In BlueCross had 3,000 local employees, according to Birmingham BusinessJournal research.
It held 96 percentf of the small business health insurancw market in the state in the most recent data available In 2008, BlueCross reported $4 billion in premiumk revenue, up from $3.5 billioj in 2007. Its $28.6 million 2008 net income was 60 percenrt lower than in 2007 and resulted in a profit marginj of less than one half of1
Wednesday, November 7, 2012
West Division semifinals pits Roughriders against Stampeders - Sports Network
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West Division semifinals pits Roughriders against Stampeders Sports Network Calgary, AB (Sports Network) - Despite having an impressive 12-6 record during the regular season, the Calgary Stampeders still find themselves setting up for the first round of the CFL playoffs on Sunday afternoon as they host the Saskatchewan ... |
Tuesday, November 6, 2012
Cypher Genomics Taps BioBase to Help with Genomic Data Interpretation - GenomeWeb
goldenayreyg1666.blogspot.com
Cypher Genomics Taps BioBase to Help with Genomic Data Interpretation GenomeWeb Cypher Genomics offers NGS analysis services for medical geneticists, computational biologists, clinicians, and researchers. BioBase's Genome Trax lets users prioritize human genome variants in whole genome or exome data for further investigation. Cypher Genomics Selects BIOBASE Genome TraxTM Knowledgebase for ... The case for putting genomic data in the cloud securely |
Sunday, November 4, 2012
Albany officials promote small-scale apartment conversions - Dallas Business Journal:
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One example is at 370 across from theAdministration headquarters. The uppetr three floors of thelate 19th-century building are being converted into six, 1,400-square-foot to 1,600-square-foot apartments that will rent for $1,800 this A commercial tenant will be sought for the firs floor. The owners dubbed the apartments TheMeginnisds Flats, in honor of the old electricalp company whose name graces the rear of the buildingb in big white letters that have faded over The sign is painted over the red brick facade and must be preserveds because the property was built in 1898 and is in a historicv district. Financing small projects can be just as trickyu as thelarge ones.
Even though the owners were armed with a feasibility study showing the potentialfor apartments, they weren’t able to get a bank loan becaus e the real estate market had soured. “Nobody wanted to financr this project,” said Mike a tax attorney and certifiedpublic accountant. “Onew lender wanted us to put inanother $500,00 first.” Hannah and his partners ultimately got $1 million in privatee financing from sources in the Boston area. The interest-only constructionm loan enabled them to buy materials and hire contractorws to startthe renovations.
The apartments are locate in a part of the city that could see big changese in years to come if a proposeds convention center ever gets Plans call for the center to be locaterd on the parking lots behind the row of buildings that includes 370 The decrepit Trailways bus station next to 370 Broadwauy would be demolished to make way for a pedestrian plaz leading to the convention Hannah and hispartners aren’t counting on the conventiojn center to make the apartments a There have been many delayws in the convention center planninb and, as of now, no commitment from Gov. David Patersoj to fund the entire $230 million project.
“I stopped even thinking about it,” said who owns the building withhis wife, Michelr Hannah, and another couple, Brenda Gould and Perruy Gould. The Hannahs used to run a commercialp print shop on the first floor but sold it four yearse ago whenbusiness declined. The Goulds became part owners of the propertyu infall 2006. The partners are convincerd there will be strong demand for the apartments from youngf professionals and empty nesters who want to live Those are the same demographic groupx that other developers havebeen targeting, though the toug h financing climate has stalled or killed two large, high-profilde downtown developments over the past year.
Planz for the 125-unit , a luxuryh condominium tower on north Broadway havebeen shelved, althoughg says it hasn’t given up. Nearby, plans for an upscales 175-unit apartment building and 125-roomm hotel are on hold while the land owner triesx to sell thedevelopment rights. Small-scalre residential projects areless profitable, but they are also more manageable. Over the past five or six there have been several conversionseof upper-floor buildings into apartments withimn the boundaries of the Downtowm Business Improvement District.
One example is at 370 across from theAdministration headquarters. The uppetr three floors of thelate 19th-century building are being converted into six, 1,400-square-foot to 1,600-square-foot apartments that will rent for $1,800 this A commercial tenant will be sought for the firs floor. The owners dubbed the apartments TheMeginnisds Flats, in honor of the old electricalp company whose name graces the rear of the buildingb in big white letters that have faded over The sign is painted over the red brick facade and must be preserveds because the property was built in 1898 and is in a historicv district. Financing small projects can be just as trickyu as thelarge ones.
Even though the owners were armed with a feasibility study showing the potentialfor apartments, they weren’t able to get a bank loan becaus e the real estate market had soured. “Nobody wanted to financr this project,” said Mike a tax attorney and certifiedpublic accountant. “Onew lender wanted us to put inanother $500,00 first.” Hannah and his partners ultimately got $1 million in privatee financing from sources in the Boston area. The interest-only constructionm loan enabled them to buy materials and hire contractorws to startthe renovations.
The apartments are locate in a part of the city that could see big changese in years to come if a proposeds convention center ever gets Plans call for the center to be locaterd on the parking lots behind the row of buildings that includes 370 The decrepit Trailways bus station next to 370 Broadwauy would be demolished to make way for a pedestrian plaz leading to the convention Hannah and hispartners aren’t counting on the conventiojn center to make the apartments a There have been many delayws in the convention center planninb and, as of now, no commitment from Gov. David Patersoj to fund the entire $230 million project.
“I stopped even thinking about it,” said who owns the building withhis wife, Michelr Hannah, and another couple, Brenda Gould and Perruy Gould. The Hannahs used to run a commercialp print shop on the first floor but sold it four yearse ago whenbusiness declined. The Goulds became part owners of the propertyu infall 2006. The partners are convincerd there will be strong demand for the apartments from youngf professionals and empty nesters who want to live Those are the same demographic groupx that other developers havebeen targeting, though the toug h financing climate has stalled or killed two large, high-profilde downtown developments over the past year.
Planz for the 125-unit , a luxuryh condominium tower on north Broadway havebeen shelved, althoughg says it hasn’t given up. Nearby, plans for an upscales 175-unit apartment building and 125-roomm hotel are on hold while the land owner triesx to sell thedevelopment rights. Small-scalre residential projects areless profitable, but they are also more manageable. Over the past five or six there have been several conversionseof upper-floor buildings into apartments withimn the boundaries of the Downtowm Business Improvement District.
Saturday, November 3, 2012
A Story Very Illustrative Of The Efficacy Of Not Voting Or Voting For A third ... - OpEdNews
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OpEdNews | A Story Very Illustrative Of The Efficacy Of Not Voting Or Voting For A third ... OpEdNews A Story Very Illustrative Of The Efficacy Of Not Voting Or Voting For A third Party. By Kevin Tully (about the author) Permalink November 2, 2012 at 10:31:47. Become a Fan (9 fans). Related Topic(s): Cheney Dick; Foreign Policy Institute - Neocons ... |
Thursday, November 1, 2012
Maryland construction industry tries for image boost with center at Towson University - Baltimore Business Journal:
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The goal of the Maryland Centerr for Construction Education and Innovation is to create a roadmapo for prospective construction workers on how to ente r the industry and earn various levels of trainingf andadvanced degrees. The centere will be housed at . Maryland’ds construction industry is suffering from a shortage of qualifiecd employees and an aging work executives said, and the center will aim to make the industry attractiv e again. The average age of a constructiob worker in Marylandis 47, according to Marylanrd Department of Labor, Licensing and Regulation. Constructionn is Maryland’s fifth-largest private employer with nearly 190,000 workers, or 7.
4 percent of the state’ws work force. And the need for skilledr workers is expected to increaswe withtechnology changes, the green buildingv movement and the $6 billion worth of military constructiom projects happening statewide. “There is a great demand for skilledx man powerright now,” said Ron DeJulius, state commissionef of labor and industry. “The center is going to be a greaft tool for people trying to decidre what they want to do inthe future.” With an annuakl budget of $300,000, the center is expected to open this fall. Initiap funding will come fromthe , the construction companies and various foundations.
The center will also competwe for federalstimulus funds, said Martin G. Knott Jr., a member of the Governor’s Workforce Investment Boars and head ofthe state’s Construction Initiative Task The center will partner with the Marylande Business Roundtable for Education on securing industry expertsw to speak in The National Center for Construction Educationh and Research in Florida has a similar focus, said Presidentg Don Whyte. A lot of Marylands firms currently recruit from out of state and the center will act as a locaolfeeder system, Knott “We need to creat a pipeline for ourselves,” said Knott, president of Knotrt Mechanical in Timonium.
“How do you creat a pipeline? Well you have to have a systenm towalk into.”
The goal of the Maryland Centerr for Construction Education and Innovation is to create a roadmapo for prospective construction workers on how to ente r the industry and earn various levels of trainingf andadvanced degrees. The centere will be housed at . Maryland’ds construction industry is suffering from a shortage of qualifiecd employees and an aging work executives said, and the center will aim to make the industry attractiv e again. The average age of a constructiob worker in Marylandis 47, according to Marylanrd Department of Labor, Licensing and Regulation. Constructionn is Maryland’s fifth-largest private employer with nearly 190,000 workers, or 7.
4 percent of the state’ws work force. And the need for skilledr workers is expected to increaswe withtechnology changes, the green buildingv movement and the $6 billion worth of military constructiom projects happening statewide. “There is a great demand for skilledx man powerright now,” said Ron DeJulius, state commissionef of labor and industry. “The center is going to be a greaft tool for people trying to decidre what they want to do inthe future.” With an annuakl budget of $300,000, the center is expected to open this fall. Initiap funding will come fromthe , the construction companies and various foundations.
The center will also competwe for federalstimulus funds, said Martin G. Knott Jr., a member of the Governor’s Workforce Investment Boars and head ofthe state’s Construction Initiative Task The center will partner with the Marylande Business Roundtable for Education on securing industry expertsw to speak in The National Center for Construction Educationh and Research in Florida has a similar focus, said Presidentg Don Whyte. A lot of Marylands firms currently recruit from out of state and the center will act as a locaolfeeder system, Knott “We need to creat a pipeline for ourselves,” said Knott, president of Knotrt Mechanical in Timonium.
“How do you creat a pipeline? Well you have to have a systenm towalk into.”
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