donnelly-formalisms.blogspot.com
The average retail price of a gallon of regular unleadede in Florida rose 6 centsto $2.47 last according to . West Palm Beach had the highesyt price per gallon of unleaded regular inthe tri-count area at $2.56 a gallon, up from $2.176 a month ago. Regular gas in Miami is sellinh for just a pennyt lessat $2.55, up from $2.1w3 a month ago. Fort Lauderdale reported the cheapest pricewat $2.52, up from $2.11 last month. "Thew current retail price trend has been pusheds byrefinery reductions, crude and wholesale price but not by consumer said Gregg Laskoski, managing director of publi relations, AAA Auto Club South. Crud oil on the closed last weekat $66.31 a up $4.
64 a barrel over the previousx week. However, for gas prices to hit $3, crud would need to trade at about $100 per well above even the highest projections this yearof $70 to $75, accordinvg to Tom Kloza, publisher and chief oil analyst at .
Monday, January 31, 2011
Friday, January 28, 2011
Maryland awarded $44M in stimulus funds for affordable housing - Baltimore Business Journal:
stockdaleiqemico1521.blogspot.com
• Annapolis Gardens and Bowman Courtin Annapolis, the redevelopmentt of 150 affordable family units; and, Penn Square, a new project that will create 91 garden-style family units near North and Pennsylvaniaq avenues in West Baltimore. Projects in Allegany, Kent and Somerset countieds will also receive a portionm ofthe funds, part of the American Recovery and Reinvestment Act. The $44 millionm was awarded to the Maryland Department of Housinyg andCommunity Development. Gov. Martin O’Malley praisede the funding award.
“Recovery and Reinvestment fund have allowed us to upgrade our infrastructure and sustaibn our first rateeducationall system, and we are proud to have the federal government partner with us in investinb in the many programs and servicee that can benefit Maryland’s families durintg this time of economic difficulty,” O’Malleyg said in a statement.
• Annapolis Gardens and Bowman Courtin Annapolis, the redevelopmentt of 150 affordable family units; and, Penn Square, a new project that will create 91 garden-style family units near North and Pennsylvaniaq avenues in West Baltimore. Projects in Allegany, Kent and Somerset countieds will also receive a portionm ofthe funds, part of the American Recovery and Reinvestment Act. The $44 millionm was awarded to the Maryland Department of Housinyg andCommunity Development. Gov. Martin O’Malley praisede the funding award.
“Recovery and Reinvestment fund have allowed us to upgrade our infrastructure and sustaibn our first rateeducationall system, and we are proud to have the federal government partner with us in investinb in the many programs and servicee that can benefit Maryland’s families durintg this time of economic difficulty,” O’Malleyg said in a statement.
Wednesday, January 26, 2011
Web site tracks feds' IT spending - Jacksonville Business Journal:
friends-unitgoods.blogspot.com
Vivek Kundra, chief information officer for thefederalo government, announced the new tool at the in New York City on The online dashboard provides charts and graph to make the data on governmen t technology spending more accessible and usabls after it is submitted to the through various federal agency The new site includes information about more than 7,000 federal information technology including performance data so that projecty progress can be assessed over More detailed data pertaining to at least 800 of thosee investments that the government considersz “major” are also available to the public on the new according to the Personal Democracy Forum’d Web site.
The chief information officers at individual government agencies will now be responsible for maintaininfg on a monthly basis certain data that they providee viaa back-end interfacse of the Web site. Stil l being tested, the site reportedly may have bugs that need tobe
Vivek Kundra, chief information officer for thefederalo government, announced the new tool at the in New York City on The online dashboard provides charts and graph to make the data on governmen t technology spending more accessible and usabls after it is submitted to the through various federal agency The new site includes information about more than 7,000 federal information technology including performance data so that projecty progress can be assessed over More detailed data pertaining to at least 800 of thosee investments that the government considersz “major” are also available to the public on the new according to the Personal Democracy Forum’d Web site.
The chief information officers at individual government agencies will now be responsible for maintaininfg on a monthly basis certain data that they providee viaa back-end interfacse of the Web site. Stil l being tested, the site reportedly may have bugs that need tobe
Sunday, January 23, 2011
SEC accounting standards move to hit private, public firms - Orlando Business Journal:
http://www.movabletype.org/members/Tamaro4ka
The has released a timetable of necessarh steps before adopting International Financial Reportintg Standards and abandoning Generally Accepted AccountingPrincipless (GAAP), the system in place in the Unitedr States since the The commission said it would decide by 2011 whethe to require the switch in anothef three years. About 100 countries, including memberw of the European Union, use the internationapl standards, which are based on guidinb principles more than the detailed prescriptive rulesof "The United States is the outsider lookinv in right now," said John managing partner of the Columbus, Ohio, office of LLP.
"This makes a lot of sense, that we should have a standard accounting language acrossthe world. When you look at a set of financial statements it ought to be readablde by someone in Chinwand London." The switch woulsd affect not just annual reports but everything about a businesz from the compensation plan to an insurancre company's actuarial tables. The differences can be subtlew -- like encountering a "lift" in England instead of an elevatoer -- but they add up. A studhy of 129 companies by analysyt Jack Ciesielskiof Baltimore-based accounting research firm found two-thirda reported higher profits under internationall standards than under GAAP.
Just two of the companied ended up with the same earningw when followingboth systems. "There may not be a lot of companies that want to be pioneers in this but therde could besome advantages," McEwan Even companies that have only U.S. operationse are preparing for the switch because they haveinternationao competitors. "It's going to providew a benefit of comparability thatjust doesn'rt exist today," said Joe Buonaiuto, senior vice presidentt and controller at Columbus-based (NYSE: AEP).
The has released a timetable of necessarh steps before adopting International Financial Reportintg Standards and abandoning Generally Accepted AccountingPrincipless (GAAP), the system in place in the Unitedr States since the The commission said it would decide by 2011 whethe to require the switch in anothef three years. About 100 countries, including memberw of the European Union, use the internationapl standards, which are based on guidinb principles more than the detailed prescriptive rulesof "The United States is the outsider lookinv in right now," said John managing partner of the Columbus, Ohio, office of LLP.
"This makes a lot of sense, that we should have a standard accounting language acrossthe world. When you look at a set of financial statements it ought to be readablde by someone in Chinwand London." The switch woulsd affect not just annual reports but everything about a businesz from the compensation plan to an insurancre company's actuarial tables. The differences can be subtlew -- like encountering a "lift" in England instead of an elevatoer -- but they add up. A studhy of 129 companies by analysyt Jack Ciesielskiof Baltimore-based accounting research firm found two-thirda reported higher profits under internationall standards than under GAAP.
Just two of the companied ended up with the same earningw when followingboth systems. "There may not be a lot of companies that want to be pioneers in this but therde could besome advantages," McEwan Even companies that have only U.S. operationse are preparing for the switch because they haveinternationao competitors. "It's going to providew a benefit of comparability thatjust doesn'rt exist today," said Joe Buonaiuto, senior vice presidentt and controller at Columbus-based (NYSE: AEP).
Friday, January 21, 2011
Report: Foreclosures are top sellers - San Francisco Business Times:
http://rebix.net/analog-electronics/frequency/
said banks that are willin to deal on foreclosed units are driving the firstquartee activity. For example, Shomza at Keys Cove in south Miami-Dade Count sold the most, with 50 unitsd closing in thefirst quarter. The Vue at Brickell sold 25 ranking it seventhon top-10 list. “Many banks have taken ownership of units in thesew buildings and are looking to get saidAdam Cappel, president of “Banks, either through short sales or units they own as a result of foreclosures, are the most activer sellers in today’s market as they are willingb to accept market prices.” The 10 most activse buildings produced an average of 29 or one sale every three days.
The buildingse accounted for more than 11 percent of all condo sales in according toa CondoReports.com news release. Most of the activituy is tied to individuaounit sales, and not bulk buys, Cappepl said. “These buildings are movingh toward stability as speculative investors and thinlyt capitalized owners are being replaced witheither owner-occupantf or well-capitalized, patient investors buyinf in at a much lower Cappel said in the statement. “Most are individua l unit sales. The study looked at closesd salesin 2,000 condo projects with at leasrt 50 units throughout Miami-Dade.
The study excluded units deliveref in 2008 and 2009 because those sales were likely driven bypreconstruction contracts, Cappel said.
said banks that are willin to deal on foreclosed units are driving the firstquartee activity. For example, Shomza at Keys Cove in south Miami-Dade Count sold the most, with 50 unitsd closing in thefirst quarter. The Vue at Brickell sold 25 ranking it seventhon top-10 list. “Many banks have taken ownership of units in thesew buildings and are looking to get saidAdam Cappel, president of “Banks, either through short sales or units they own as a result of foreclosures, are the most activer sellers in today’s market as they are willingb to accept market prices.” The 10 most activse buildings produced an average of 29 or one sale every three days.
The buildingse accounted for more than 11 percent of all condo sales in according toa CondoReports.com news release. Most of the activituy is tied to individuaounit sales, and not bulk buys, Cappepl said. “These buildings are movingh toward stability as speculative investors and thinlyt capitalized owners are being replaced witheither owner-occupantf or well-capitalized, patient investors buyinf in at a much lower Cappel said in the statement. “Most are individua l unit sales. The study looked at closesd salesin 2,000 condo projects with at leasrt 50 units throughout Miami-Dade.
The study excluded units deliveref in 2008 and 2009 because those sales were likely driven bypreconstruction contracts, Cappel said.
Tuesday, January 18, 2011
Rosetta Stone sues Google for trademark infringement - Washington Business Journal:
http://floatation-tank.com/floatation-therapy-featured-in-first-magazine/
The Arlington-based language learning company said in announcinfg its legal action that a June 2009 policyu change by Google that would allow advertiseras in its Adword advertising program to use trademark termds in ad text even if they do not own the trademark or have expliciyt approval from the owner to use it is behinfthe suit. “Google’s search engine is helpiny third parties mislead consumers and misappropriate Rosetta Stone trademark s by using themas ‘keyword’ triggers for paid advertisements and by using them within the text or titlew of paid advertisements,” said Rosetta Stone’s general counsep Michael Wu.
“Google and its advertisers benefity financially from and trade off the goodwill and reputation of Rosettw Stone without incurring the substantial expense that Rosettaq Stone has incurred in building upits popularity, name and brand loyalty,” Wu Rosetta Stone (NYSE: RST) said it is is seekinv injunctive relief to prevent Google GOOG) from selling the Rosetta Stone trademarkes or other terms confusingly similar for use in Google’s Adwords advertisinyg program. The case was filed in the U.S.
Districf Court for the Eastern Districtof
The Arlington-based language learning company said in announcinfg its legal action that a June 2009 policyu change by Google that would allow advertiseras in its Adword advertising program to use trademark termds in ad text even if they do not own the trademark or have expliciyt approval from the owner to use it is behinfthe suit. “Google’s search engine is helpiny third parties mislead consumers and misappropriate Rosetta Stone trademark s by using themas ‘keyword’ triggers for paid advertisements and by using them within the text or titlew of paid advertisements,” said Rosetta Stone’s general counsep Michael Wu.
“Google and its advertisers benefity financially from and trade off the goodwill and reputation of Rosettw Stone without incurring the substantial expense that Rosettaq Stone has incurred in building upits popularity, name and brand loyalty,” Wu Rosetta Stone (NYSE: RST) said it is is seekinv injunctive relief to prevent Google GOOG) from selling the Rosetta Stone trademarkes or other terms confusingly similar for use in Google’s Adwords advertisinyg program. The case was filed in the U.S.
Districf Court for the Eastern Districtof
Saturday, January 15, 2011
UCLA researchers claim coffee can help prevent Type II diabetes - Contra Costa Times
http://uuo-ununoctium.info/xlv/5.html
UCLA researchers claim coffee can help prevent Type II diabetes Contra Costa Times Coffee can prevent Type II diabetes, and researchers at UCLA have just identified why, it was reported Saturday. And the magic ingredient is a protein, ... |
Thursday, January 13, 2011
SAP 2010 Software Sales Beat Target; Sees Hit From Oracle Suit - BusinessWeek
http://oneveteransvoice.com/blog/2006_08_01_archive.html
SAP 2010 Software Sales Beat Target; Sees Hit From Oracle Suit BusinessWeek 13 (Bloomberg) -- SAP AG, the world's largest maker of business-management software, said software and software- related service sales beat its own forecast ... |
Monday, January 10, 2011
Financial firm helping clients deal with stress from downturn - The Business Journal of Milwaukee:
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“We were all struggling with what the marketr wastelling us,” said Haubrich, who is a certified financiapl planner and president of , a fee-onlg firm in Racine. “I just saw a lot of peopl e with a high levelof anxiety.” The firstt thing he did was hold two workshops in collaboration with a family money therapist. The workshops drew a total of about 30 people and provided advicew for clients such as making sure they had cash reservess and maintained their credit ratingt as well asthey could. The family money therapisf discussed coping mechanisms for the anxiety people felt about financial matters and participants also shared theitr own stressmanagement techniques.
The firm also steppeed up its communicationwith clients, making sure all were contacted at least once everhy 10 business days. In the Haubrich said clients usually were contacted at leasy every 20 or30 days. It seemed to bear Haubrich said. “During the tax preparation season, we just had a lot of peoplew show up with a high degred of peaceof mind, which told me that high leveo of communication and touch really helped them an awfull lot,” he said. After he gaines more clarity about what was happening with the economy andstocj market, Haubrich put together another workshop for clientws about personal sustainability.
The firm has held four of the which can accommodate12 people, and will offerr one more in June. The firm will continue to hold the workshopsz until demandfalls off. The 90-minutr session includes an overview of the economty andstock market, but also discusses dimensionx of personal sustainability, including health, relationship, career and financial. “We didn’y look at this as a marketing he said. “We looked at making sure we were serving the needs ofour clients, giving them strategies and tactics to deal with this economidc reset.
” But as a side benefit, the firm is seeinbg an influx of new clients and Dick Outland and Frances Bedforsd attended one of Haubrich’s personakl sustainability workshops in April. Outland and a Racine married are both retired and longtime They said they were concerned about the hit their retiremenyt incomehas taken, but also find Haubrich to be a good “What I got out of it mostlyu was the comfort that he has a lot of knowledge in this area and that the man that we entrusft to manage our resources knows what he’s Outland said.
Bedford also said it’s comforting when you’ve give so much responsibility to an adviser that heknows what’s happeninf in the market and how it’s affecting his clientas and will provide good Haubrich provided “a reinforced confidence that all is well even thougu things are not well,” she Financial Service Group also has a virtuall client center that has a client’s completer file, including tax returns and estate planning documentds online through a secure server. The firm invested in the tool a couple of years agoand that’ds paying off now, Haubrich said.
Revenued is down like it is for everyone infinancialk planning, he said, but demand for service is up. Haubricuh already offers a service to his clientsx called CareerAsset Management, which integrates financial planninb services with career coaching. Now he’s working with career coachh Jane Schroeder to develop a more intensive workshop specificall y oncareer sustainability.
“We were all struggling with what the marketr wastelling us,” said Haubrich, who is a certified financiapl planner and president of , a fee-onlg firm in Racine. “I just saw a lot of peopl e with a high levelof anxiety.” The firstt thing he did was hold two workshops in collaboration with a family money therapist. The workshops drew a total of about 30 people and provided advicew for clients such as making sure they had cash reservess and maintained their credit ratingt as well asthey could. The family money therapisf discussed coping mechanisms for the anxiety people felt about financial matters and participants also shared theitr own stressmanagement techniques.
The firm also steppeed up its communicationwith clients, making sure all were contacted at least once everhy 10 business days. In the Haubrich said clients usually were contacted at leasy every 20 or30 days. It seemed to bear Haubrich said. “During the tax preparation season, we just had a lot of peoplew show up with a high degred of peaceof mind, which told me that high leveo of communication and touch really helped them an awfull lot,” he said. After he gaines more clarity about what was happening with the economy andstocj market, Haubrich put together another workshop for clientws about personal sustainability.
The firm has held four of the which can accommodate12 people, and will offerr one more in June. The firm will continue to hold the workshopsz until demandfalls off. The 90-minutr session includes an overview of the economty andstock market, but also discusses dimensionx of personal sustainability, including health, relationship, career and financial. “We didn’y look at this as a marketing he said. “We looked at making sure we were serving the needs ofour clients, giving them strategies and tactics to deal with this economidc reset.
” But as a side benefit, the firm is seeinbg an influx of new clients and Dick Outland and Frances Bedforsd attended one of Haubrich’s personakl sustainability workshops in April. Outland and a Racine married are both retired and longtime They said they were concerned about the hit their retiremenyt incomehas taken, but also find Haubrich to be a good “What I got out of it mostlyu was the comfort that he has a lot of knowledge in this area and that the man that we entrusft to manage our resources knows what he’s Outland said.
Bedford also said it’s comforting when you’ve give so much responsibility to an adviser that heknows what’s happeninf in the market and how it’s affecting his clientas and will provide good Haubrich provided “a reinforced confidence that all is well even thougu things are not well,” she Financial Service Group also has a virtuall client center that has a client’s completer file, including tax returns and estate planning documentds online through a secure server. The firm invested in the tool a couple of years agoand that’ds paying off now, Haubrich said.
Revenued is down like it is for everyone infinancialk planning, he said, but demand for service is up. Haubricuh already offers a service to his clientsx called CareerAsset Management, which integrates financial planninb services with career coaching. Now he’s working with career coachh Jane Schroeder to develop a more intensive workshop specificall y oncareer sustainability.
Saturday, January 8, 2011
Sibs seek to Sprinkles area with yogurt - Business First of Louisville:
http://accenthomestaging.biz/latestupdateonmarket.htm
Sprinkles, as the shops will be known, has signer leases for stores inCherry Hill, University City, West Cheste r and Malvern. Frozen yogurt shopss had a boom and bust in the early1990zs — “Seinfeld” even had an episode about it but have made a comeback with vibrant hangoutsd that are giving coffee chains an unexpectef competitor in Southern “It’s definitely a craze out there,” said Matt Mealey, 24, a Jenkintown native who is starting Sprinkles with his sister Ryan Mealey, 27, and researchex the retail concept in several tripws west. “These places are packed all the time. At a couple of we saw these massive lines.
They were very We really studied the concept of frozen yogurtin California.” “Ths places were superbusy. Frozen yogurt placess were poppingup everywhere,” Ryan added. Cherry Hill will be the firs location, opening June 19 at TownPlace at GardenStat Park. In August, they’ll open a site at 3606 Chestnu St., near the campus. A West Chester site is planned for at22 S. High St., and a Malvern locatiohn is slated for December at WorthingtonjTown Center, a shopping cente under construction. They hope to open four more storessnext year. The pair are following a legacyt of siblingbusiness owners.
Their father, Dan Mealey, operates Mealey’s Furniture with his brothedr Kevin. Mealey’s, based in Warminster, has five stores and was started byJerr Mealey, Ryan and Matt’s grandfather. Ryan is and will remaij vice president of merchandising for thefurniturde operation. Both were raised in a retail, entrepreneuriao environment. “We have that entrepreneurial spirit — my grandfather, my my brother and I. We’rwe just bred that way. We thought this would be a great idea for thePhillyh region,” said Ryan, a 2004 graduate of .
“ always had a passion for startingv myown business,” said Matt, who graduates from Pennsylvania State Universit in 2007 and earned an MBA from Templ e University this year. “I wanted to find ‘ther next big thing,’ something that’ s going to be a big hit.” To starf Sprinkles, the siblings pooled their savings, but their dad is financing most ofthe front-ened costs, allowing them to sidestep bank Matt said. In researching yogurt shops in Los they focused their attention on two in Los Angeles-based Pinkberry and Anaheim, Calif.-based Yogurtland.
Pinkberryg started in 2005 with a busy cornefr store inWest Hollywood, a location whose steady customera dubbed it Crackberry for its addictive Yogurtland has had similar and now has locations in six statesx and Japan. “We took the best of The color scheme. We looked at the whose yogurtwas better, which toppings were said Matt. To emulate the West Coast they hired a SanDieglo designer, Trio Display. As for the frozen the Mealeys will use a producttcalled YoCream, which is produced by Portland, Ore.-based YoCreanm is a premium yogurt with half the calories of high-end ice most flavors are nonfat or low-fat. A similafr concept, Yogurt, opened in September at 416 South St.
Unlike ice cream shops, where serverx scoop the product, Sprinkles, following the West Coasr trend, will offer self-serve. Sprinkles stores will have eighy machines dispensing 16 flavors offrozen yogurt. Customerz will take a cup or awaffle bowl, fill it with as much yogurt and toppings as they can put in the bowl and pay 45 centsw an ounce. Flavors of frozen yogurt will include original classic cappuccino, green tea tart, snickerdoodle dandy, “krazt Kahlua” and others.
In Cherrhy Hill, the store will be 1,20p0 square feet, with seating for 15 customers and It will have 20 Across California, many ice cream shops have been replaced with frozen yogurt shops, which in turn are stealing some of the traditionap Starbucks crowd. “We definitely feel especially atcollege campuses, people will come in to eat, brinh their laptop, hang out,” Ryan
Sprinkles, as the shops will be known, has signer leases for stores inCherry Hill, University City, West Cheste r and Malvern. Frozen yogurt shopss had a boom and bust in the early1990zs — “Seinfeld” even had an episode about it but have made a comeback with vibrant hangoutsd that are giving coffee chains an unexpectef competitor in Southern “It’s definitely a craze out there,” said Matt Mealey, 24, a Jenkintown native who is starting Sprinkles with his sister Ryan Mealey, 27, and researchex the retail concept in several tripws west. “These places are packed all the time. At a couple of we saw these massive lines.
They were very We really studied the concept of frozen yogurtin California.” “Ths places were superbusy. Frozen yogurt placess were poppingup everywhere,” Ryan added. Cherry Hill will be the firs location, opening June 19 at TownPlace at GardenStat Park. In August, they’ll open a site at 3606 Chestnu St., near the campus. A West Chester site is planned for at22 S. High St., and a Malvern locatiohn is slated for December at WorthingtonjTown Center, a shopping cente under construction. They hope to open four more storessnext year. The pair are following a legacyt of siblingbusiness owners.
Their father, Dan Mealey, operates Mealey’s Furniture with his brothedr Kevin. Mealey’s, based in Warminster, has five stores and was started byJerr Mealey, Ryan and Matt’s grandfather. Ryan is and will remaij vice president of merchandising for thefurniturde operation. Both were raised in a retail, entrepreneuriao environment. “We have that entrepreneurial spirit — my grandfather, my my brother and I. We’rwe just bred that way. We thought this would be a great idea for thePhillyh region,” said Ryan, a 2004 graduate of .
“ always had a passion for startingv myown business,” said Matt, who graduates from Pennsylvania State Universit in 2007 and earned an MBA from Templ e University this year. “I wanted to find ‘ther next big thing,’ something that’ s going to be a big hit.” To starf Sprinkles, the siblings pooled their savings, but their dad is financing most ofthe front-ened costs, allowing them to sidestep bank Matt said. In researching yogurt shops in Los they focused their attention on two in Los Angeles-based Pinkberry and Anaheim, Calif.-based Yogurtland.
Pinkberryg started in 2005 with a busy cornefr store inWest Hollywood, a location whose steady customera dubbed it Crackberry for its addictive Yogurtland has had similar and now has locations in six statesx and Japan. “We took the best of The color scheme. We looked at the whose yogurtwas better, which toppings were said Matt. To emulate the West Coast they hired a SanDieglo designer, Trio Display. As for the frozen the Mealeys will use a producttcalled YoCream, which is produced by Portland, Ore.-based YoCreanm is a premium yogurt with half the calories of high-end ice most flavors are nonfat or low-fat. A similafr concept, Yogurt, opened in September at 416 South St.
Unlike ice cream shops, where serverx scoop the product, Sprinkles, following the West Coasr trend, will offer self-serve. Sprinkles stores will have eighy machines dispensing 16 flavors offrozen yogurt. Customerz will take a cup or awaffle bowl, fill it with as much yogurt and toppings as they can put in the bowl and pay 45 centsw an ounce. Flavors of frozen yogurt will include original classic cappuccino, green tea tart, snickerdoodle dandy, “krazt Kahlua” and others.
In Cherrhy Hill, the store will be 1,20p0 square feet, with seating for 15 customers and It will have 20 Across California, many ice cream shops have been replaced with frozen yogurt shops, which in turn are stealing some of the traditionap Starbucks crowd. “We definitely feel especially atcollege campuses, people will come in to eat, brinh their laptop, hang out,” Ryan
Wednesday, January 5, 2011
Hollo closes on purchase of 1101 Brickell - Boston Business Journal:
zuloraxelewo.blogspot.com
Tibor Hollo’s company, , (FECR) closeed Tuesday on the purchase of 1101 Brickell which was owned bythe now-defunct Leviev Boymelgreen. The Soutgh Florida Business Journal first a deal was in the workdsin May. The developer announced the close of thepurchasew Wednesday, but did not disclose the price. Hollo’s compan y did not get third-party financingy for the deal, according to a company Hollo is planning toinvesrt $12 million to renovate the pair of offic buildings on the In addition to mechanical repairs and FECR plans new retail, includinvg space for a restaurant.
The physical makeoveer will include upgrading the airconditioning generators, lighting, bathrooms, lobbiees and landscaping. “We plan to significantly invest in the beautificationj and renovation of 1101 Brickelk to improve conditions for our current tenants and to continuee to attract businesses interested in an attractive office building in a prim location onBrickell Avenue,” Jerome Hollo, an FECR vice said in a Leviev Boymelgreen had planned to redevelop the site, which housees a pair of modest office into a massive office and residential The city of Miami approvedc a permit to build a 74-story, mixed-use project with 270,00o0 square feet of office, 30,000 squarw feet of retail and 650 But, the partnership dissolved in with Leviev Boymelgreen principal Lev Leviebv eventually taking control of a portfoliok of Miami properties, including 1101 The seller in Hollo’ws deal was Africa-Israel Properties, Leviev’s company.
The 1101 Brickellp property housesa 35-year-old, 11-storyu office tower, renovated in the 1990s, and a 19-storyt office tower built in 1985. Tentants include the Ilingua language school, the Venezuelab and Argentine consulates and Banco Industrial de Venezuelza y Social de Venezuela sold the property to Leviev Boymelgreehnin 2005. Real estate experts say Hollp likely will hold onto the 1101 Brickelpl site until the market reboundsw and existing projects already out of the ground are There are three office buildings under constructiom in the downtownMiami area, two of which have yet to sign any
Tibor Hollo’s company, , (FECR) closeed Tuesday on the purchase of 1101 Brickell which was owned bythe now-defunct Leviev Boymelgreen. The Soutgh Florida Business Journal first a deal was in the workdsin May. The developer announced the close of thepurchasew Wednesday, but did not disclose the price. Hollo’s compan y did not get third-party financingy for the deal, according to a company Hollo is planning toinvesrt $12 million to renovate the pair of offic buildings on the In addition to mechanical repairs and FECR plans new retail, includinvg space for a restaurant.
The physical makeoveer will include upgrading the airconditioning generators, lighting, bathrooms, lobbiees and landscaping. “We plan to significantly invest in the beautificationj and renovation of 1101 Brickelk to improve conditions for our current tenants and to continuee to attract businesses interested in an attractive office building in a prim location onBrickell Avenue,” Jerome Hollo, an FECR vice said in a Leviev Boymelgreen had planned to redevelop the site, which housees a pair of modest office into a massive office and residential The city of Miami approvedc a permit to build a 74-story, mixed-use project with 270,00o0 square feet of office, 30,000 squarw feet of retail and 650 But, the partnership dissolved in with Leviev Boymelgreen principal Lev Leviebv eventually taking control of a portfoliok of Miami properties, including 1101 The seller in Hollo’ws deal was Africa-Israel Properties, Leviev’s company.
The 1101 Brickellp property housesa 35-year-old, 11-storyu office tower, renovated in the 1990s, and a 19-storyt office tower built in 1985. Tentants include the Ilingua language school, the Venezuelab and Argentine consulates and Banco Industrial de Venezuelza y Social de Venezuela sold the property to Leviev Boymelgreehnin 2005. Real estate experts say Hollp likely will hold onto the 1101 Brickelpl site until the market reboundsw and existing projects already out of the ground are There are three office buildings under constructiom in the downtownMiami area, two of which have yet to sign any
Monday, January 3, 2011
PERB chair Rystrom dies - Boston Business Journal:
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Rystrom was appointed by Gov. Arnolfd Schwarzenegger to the five-member PERB board in August 2007. She becamd chair in February 2009. The board enforces collective bargaininhg laws that cover more than 2 millionCaliforniaa public-sector employees. It also rules on challengeas to decisions issuedby PERB’s general counsel and administrative law “Tiffany Rystrom capped a distinguished career by channelingh her passion for the law into public service,” Schwarzeneggedr said in a statement following her “She raised the bar on integrity and consistency with the Rystrom entered the legal field after six yeara in advertising and marketing.
She started in 1977 as judicialo clerk in the California Court of She went on to becomed deputy district attorney in Marih County before moving to the Office of the California Attorneyg General and intoprivate practice. She is survived by her long-time partner, California Labor CommissionetrAngela Bradstreet.
Rystrom was appointed by Gov. Arnolfd Schwarzenegger to the five-member PERB board in August 2007. She becamd chair in February 2009. The board enforces collective bargaininhg laws that cover more than 2 millionCaliforniaa public-sector employees. It also rules on challengeas to decisions issuedby PERB’s general counsel and administrative law “Tiffany Rystrom capped a distinguished career by channelingh her passion for the law into public service,” Schwarzeneggedr said in a statement following her “She raised the bar on integrity and consistency with the Rystrom entered the legal field after six yeara in advertising and marketing.
She started in 1977 as judicialo clerk in the California Court of She went on to becomed deputy district attorney in Marih County before moving to the Office of the California Attorneyg General and intoprivate practice. She is survived by her long-time partner, California Labor CommissionetrAngela Bradstreet.
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