martaemimbzini.blogspot.com
The Shamrock House is marking its 71st year in East Greene County, according to the companyh web site. It’s unclear if the business intends to remaim open as it restructures its debts in bankruptcy A woman who answered the phone today said thecompanu president, John J. Kellegher, is referring questionds to his attorney. The attorney, Richard Croak in was out of the office and unavailable for Greene County Tourism Director Daniela Marinl saidshe didn’t know what the businesws plans to do. She said the Shamrock House is an example ofthe older, traditional resorts in the Catskills that have an ethnic “It’s been a very toug h year,” Marino said.
“The econom being what it is, unfortunately these things may Another resort in Greene the much-larger , filed for bankrupty protection in June. It will continuse operating while its owners search for a Despitethe setbacks, Marino said thers are successful resorts in the county. “We’r pretty optimistic because most of the hotels and restaurantss have been ableto modernize,” she said. The Shamrock Houser has $500,000 to $1 million in liabilitiees and lessthan $50,000 in assets, accordinb to a petition filed June 29 in in The largest secured claim is a $514,095 The lender isn’t identified in the petition.
The largesft unsecured claim, $49,000, is held by Kellegher. The seconde largest is held by , for credit card charges.
Friday, August 10, 2012
Thursday, August 9, 2012
Growth continues at Blankenbaker Station - Sacramento Business Journal:
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John Hollenbach, a partner with , the Louisvillse firm developingthe fast-growing easter n Jefferson County park, said he expects work to begim this year on three or four new building including the construction of a new headquarters for , a Louisville-basedc company that provides ash-management services for the coal-firerd power-generation industry. Just this week, Hollenbach’s companyh closed on the sale of 25 acresto Cleveland-based , which planw an $80 million data center in the And he and partner Greg Oakley have a deal in placr to acquire 200 acres between Rehl and Taylorsville roadw that could expand Blankenbaker Station to 600 The 200 acres, currently owned by four different is zoned residential and consiste mainly of family farms.
Hollenbach said he and Oakleyh have the properties under contractt and plan to seek a zoning change laterfthis year. They hope to have 160 acresz rezoned as a planned employment center and the remainde r to allow for retail The partners’ purchase of the propertyy is contingent on getting the zoning Hollenbach declined to disclosed the purchase prices. Hollenbach and Oakleuy said that acquiring the 200 acres would give them somethinf that has become increasingly hard to find inJefferso County: large, contiguous blocks of land that can be divided easily and sold to companies in need of space to develolp corporate headquarters, data centers, offices and for othed uses.
“There aren’t a lot of tracts (in Greater Louisville) for corporate America to consider,” Hollenbac said. “That’s what we’re trying to do, make sure that product remains available.” A planned extension of Urton Lane and a proposed Rehl Road interchange off of Interstatwe 265 are expected to make the potential additiojn to Blankenbaker Station evenmore marketable. Bruce Traughber, directoer of Louisville-Jefferson County Metro Government’sd economic development department, said Blankenbaker Station is well positioned toattracy high-tech companies offering well-paying jobs.
The park offerse another option for firms looking at Jefferson he added. Many of Greater Louisville’s largesf business developments, including Eastpoint Business Center and Jefferson Riverport International, are beginning to run out of So far, the strategyg for Blankenbaker Station has been successfuol for Hollenbach and Oakley, who beganb to develop the business park on 55 acres in 2004. Sincs that time, they have gobbled up what had been mostlyh family farmland along TuckerStationb Road, south of Interstatr 64.
Hollenbach and Oakley have spent morethan $20 million to acquire land for the The partners also have invested more than $15 million to build infrastructure, includinvg roads, utilities and sewers. Blankenbaker Statio n has landed occupants at a consistent pace over the past five It is home to a call centetfor , the headquarters of the and Hoopw basketball academy. The has moved into its 120,000-square-foot regional headquarters office building And , a provider of heating, ventilation and air-conditioninvg systems, and its local operator, , have just finishe facilities.
John Hollenbach, a partner with , the Louisvillse firm developingthe fast-growing easter n Jefferson County park, said he expects work to begim this year on three or four new building including the construction of a new headquarters for , a Louisville-basedc company that provides ash-management services for the coal-firerd power-generation industry. Just this week, Hollenbach’s companyh closed on the sale of 25 acresto Cleveland-based , which planw an $80 million data center in the And he and partner Greg Oakley have a deal in placr to acquire 200 acres between Rehl and Taylorsville roadw that could expand Blankenbaker Station to 600 The 200 acres, currently owned by four different is zoned residential and consiste mainly of family farms.
Hollenbach said he and Oakleyh have the properties under contractt and plan to seek a zoning change laterfthis year. They hope to have 160 acresz rezoned as a planned employment center and the remainde r to allow for retail The partners’ purchase of the propertyy is contingent on getting the zoning Hollenbach declined to disclosed the purchase prices. Hollenbach and Oakleuy said that acquiring the 200 acres would give them somethinf that has become increasingly hard to find inJefferso County: large, contiguous blocks of land that can be divided easily and sold to companies in need of space to develolp corporate headquarters, data centers, offices and for othed uses.
“There aren’t a lot of tracts (in Greater Louisville) for corporate America to consider,” Hollenbac said. “That’s what we’re trying to do, make sure that product remains available.” A planned extension of Urton Lane and a proposed Rehl Road interchange off of Interstatwe 265 are expected to make the potential additiojn to Blankenbaker Station evenmore marketable. Bruce Traughber, directoer of Louisville-Jefferson County Metro Government’sd economic development department, said Blankenbaker Station is well positioned toattracy high-tech companies offering well-paying jobs.
The park offerse another option for firms looking at Jefferson he added. Many of Greater Louisville’s largesf business developments, including Eastpoint Business Center and Jefferson Riverport International, are beginning to run out of So far, the strategyg for Blankenbaker Station has been successfuol for Hollenbach and Oakley, who beganb to develop the business park on 55 acres in 2004. Sincs that time, they have gobbled up what had been mostlyh family farmland along TuckerStationb Road, south of Interstatr 64.
Hollenbach and Oakley have spent morethan $20 million to acquire land for the The partners also have invested more than $15 million to build infrastructure, includinvg roads, utilities and sewers. Blankenbaker Statio n has landed occupants at a consistent pace over the past five It is home to a call centetfor , the headquarters of the and Hoopw basketball academy. The has moved into its 120,000-square-foot regional headquarters office building And , a provider of heating, ventilation and air-conditioninvg systems, and its local operator, , have just finishe facilities.
Tuesday, August 7, 2012
St. Louis aldermen committee OKs Kiel Opera House plan - St. Louis Business Journal:
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The plan now goes before the full boarxdof aldermen. The Urban Development and Zoningy Committee had because members said they wanted more time to examinethe proposal, and Richard president of , which operates the , said the plan wouldr steal shows away from the Fox and , the New York City-basexd firm that owns the and holds the long-tern lease to the Kiel, To alleviate concerns amony competitors, SCP Worldwide agreed to limit the numberf of third-party theatrical shows it holdas for the first five years, said Ken a partner in SCP Worldwide. "We thinkm this is a vote for St. he said. SCP Worldwide has brought in McEagld Properties, of O’Fallon, Mo.
, as a redevelopmenty partner and asgeneral contractor. Davixd Checketts, chairman of SCP Worldwide, thanked the Mayor Francis Slay and Comptroller DarleneGreen "fodr putting their trust in our plan and sharinb our belief that the Kiel Opera House can and shoulsd be restored to the glory of its "We all want the same thing for St. a vibrant downtown, a thriving cultural and entertainment scene, additional jobs and a promisinv economic future for this andfuture generations," Checketts said in a "Today’s committee vote approving our Kiel Opera House plan is the first step in making all of this a Last month, the city’s Land Clearance for Redevelopmenft Authority to the board of aldermen that the Kiel be re-declaredx blighted, paving the way for tax abatement for SCP Worldwidw to support a restoration of the buildinf into a theatrical and concerr venue.
The plan now goes before the full boarxdof aldermen. The Urban Development and Zoningy Committee had because members said they wanted more time to examinethe proposal, and Richard president of , which operates the , said the plan wouldr steal shows away from the Fox and , the New York City-basexd firm that owns the and holds the long-tern lease to the Kiel, To alleviate concerns amony competitors, SCP Worldwide agreed to limit the numberf of third-party theatrical shows it holdas for the first five years, said Ken a partner in SCP Worldwide. "We thinkm this is a vote for St. he said. SCP Worldwide has brought in McEagld Properties, of O’Fallon, Mo.
, as a redevelopmenty partner and asgeneral contractor. Davixd Checketts, chairman of SCP Worldwide, thanked the Mayor Francis Slay and Comptroller DarleneGreen "fodr putting their trust in our plan and sharinb our belief that the Kiel Opera House can and shoulsd be restored to the glory of its "We all want the same thing for St. a vibrant downtown, a thriving cultural and entertainment scene, additional jobs and a promisinv economic future for this andfuture generations," Checketts said in a "Today’s committee vote approving our Kiel Opera House plan is the first step in making all of this a Last month, the city’s Land Clearance for Redevelopmenft Authority to the board of aldermen that the Kiel be re-declaredx blighted, paving the way for tax abatement for SCP Worldwidw to support a restoration of the buildinf into a theatrical and concerr venue.
Monday, August 6, 2012
Channelside rental market getting crowded - Tampa Bay Business Journal:
humojo.wordpress.com
But the sudden conversion of neighboring condio complexesinto high-end rental unit s have caught Seaport Channelside in its wake, creating greaterr competition all around, and forcing Seaport developers to lowerr some rental rates. “It’ws affected us a little bit, but a lot of those othert apartments are a lotmore expensive, so they’ree not really competition,” DeMarcay said. “But therw are less people moving and less people going to apartmentsright now, so the market in general has forcedd us to reduce some rents.
” When construction started at Seaporft Channelside in February 2007, Tampa’s downtown area had just threes large rental communities, according to data collected by NAI Tampsa Bay. That included 206 unite at and 578 at Post Harbour bothfrom , and 454 units at Camden Ybor Harbour Place City Homes and Camdej Ybor City – which changed its name to at Ybor converted to condominiums a few years ago, leavinb fewer than 600 units left in the downtown rentalp market. That encouraged developers to look at downtownrentapl communities.
They did, and the rental marketf grew by morethan 1,000 units with new communities such as Vintage Lofts from and Phillips International Drivew from LLC. But when the condop market went sour, developments such as Element from Novare-intowngroup, Placed at Channelside from , Grand Central at Kennedy from and The Slad e from all made the moveto rental. A markert where just 1,500 rental units were expectex suddenly turned to morethan “It’s tough times right now,” said T. Sean managing director for NAITampa Bay. Some developersx are starting rentsat $1,300 for units no biggerr than 800 square feet, well above the market averagd of 90.
4 cents a square foot, according to Real Data Apartment Market Research. “The problemn is, some of these group s need to get a certain amount ofincomre [to pay mortgages], so they migh t be ignoring what the market could bear,” Lance When The Place at Channelside looked at how much it coulf rent units purchased by Southwest Properties at a bankruptcyg auction last October, owners there found comparable rents at betweej $1.50 and $1.70 a square foot, Lanc e said. But while such numberd might be workable forsmaller units, the average apartmentf size of The Place is a lot larger than a normalp apartment.
“Even though they have nicet finishes and nice amenitiesand everything, therde is a pricing line that you’re going to run into wherse your demographic becomes non-existent,” Lance said. “Thre number of people who can afforda $2,000o a month rent payment, I don’t think that pool is extremel y deep. If you’re going to pay $2,000 a month for a 1,000-square-footg place, you could easily get a mortgag for far lowerthan that.” Grand Centrakl at Kennedy had to take a hard look at the markey and the available rental pool before offeringt some of its 200 unitws for rent. But the complex can now boast a 97percenft occupancy.
Ken Stoltenberg, a director of Mercury which builtthe property, said he doesn’ft see neighboring projects as competitiojn but instead wants them to “I am thrilled that The Place is startintg to rent and that the Seaporft property is filling up becausr the more people they can get in there, the more it will help my Stoltenberg said. Work at Seaport Channelsidr is done, but builders of the Channel Districy apartment communitysay they’re still waiting to get paid. Eight different companies have filed construction liens agains tthe 422-unit rental projecrt totaling a little more than $4 million, the largestg from for $2.5 million.
“A lot of the subcontractors have gone past theirf90 days, and we’re still working with them to audity the last numbers so that we can get that last payoutg out to them,” said David DeMarcay, a VP with Synergh Properties Inc. “The money is there. We’rer just dotting all of our i’s and crossint all of our t’s.”
But the sudden conversion of neighboring condio complexesinto high-end rental unit s have caught Seaport Channelside in its wake, creating greaterr competition all around, and forcing Seaport developers to lowerr some rental rates. “It’ws affected us a little bit, but a lot of those othert apartments are a lotmore expensive, so they’ree not really competition,” DeMarcay said. “But therw are less people moving and less people going to apartmentsright now, so the market in general has forcedd us to reduce some rents.
” When construction started at Seaporft Channelside in February 2007, Tampa’s downtown area had just threes large rental communities, according to data collected by NAI Tampsa Bay. That included 206 unite at and 578 at Post Harbour bothfrom , and 454 units at Camden Ybor Harbour Place City Homes and Camdej Ybor City – which changed its name to at Ybor converted to condominiums a few years ago, leavinb fewer than 600 units left in the downtown rentalp market. That encouraged developers to look at downtownrentapl communities.
They did, and the rental marketf grew by morethan 1,000 units with new communities such as Vintage Lofts from and Phillips International Drivew from LLC. But when the condop market went sour, developments such as Element from Novare-intowngroup, Placed at Channelside from , Grand Central at Kennedy from and The Slad e from all made the moveto rental. A markert where just 1,500 rental units were expectex suddenly turned to morethan “It’s tough times right now,” said T. Sean managing director for NAITampa Bay. Some developersx are starting rentsat $1,300 for units no biggerr than 800 square feet, well above the market averagd of 90.
4 cents a square foot, according to Real Data Apartment Market Research. “The problemn is, some of these group s need to get a certain amount ofincomre [to pay mortgages], so they migh t be ignoring what the market could bear,” Lance When The Place at Channelside looked at how much it coulf rent units purchased by Southwest Properties at a bankruptcyg auction last October, owners there found comparable rents at betweej $1.50 and $1.70 a square foot, Lanc e said. But while such numberd might be workable forsmaller units, the average apartmentf size of The Place is a lot larger than a normalp apartment.
“Even though they have nicet finishes and nice amenitiesand everything, therde is a pricing line that you’re going to run into wherse your demographic becomes non-existent,” Lance said. “Thre number of people who can afforda $2,000o a month rent payment, I don’t think that pool is extremel y deep. If you’re going to pay $2,000 a month for a 1,000-square-footg place, you could easily get a mortgag for far lowerthan that.” Grand Centrakl at Kennedy had to take a hard look at the markey and the available rental pool before offeringt some of its 200 unitws for rent. But the complex can now boast a 97percenft occupancy.
Ken Stoltenberg, a director of Mercury which builtthe property, said he doesn’ft see neighboring projects as competitiojn but instead wants them to “I am thrilled that The Place is startintg to rent and that the Seaporft property is filling up becausr the more people they can get in there, the more it will help my Stoltenberg said. Work at Seaport Channelsidr is done, but builders of the Channel Districy apartment communitysay they’re still waiting to get paid. Eight different companies have filed construction liens agains tthe 422-unit rental projecrt totaling a little more than $4 million, the largestg from for $2.5 million.
“A lot of the subcontractors have gone past theirf90 days, and we’re still working with them to audity the last numbers so that we can get that last payoutg out to them,” said David DeMarcay, a VP with Synergh Properties Inc. “The money is there. We’rer just dotting all of our i’s and crossint all of our t’s.”
Saturday, August 4, 2012
سكارليت جوهانسن أغلى ممثلة ÙÙŠ العالم - دي برس
hihozeima.blogspot.com
دي برس | سكارليت جوهانسن أغلى ممثلة ÙÙŠ العالم دي برس وذكرت مجلة كلوزير الÙرنسية، بØسب ما ذكره midnewsØŒ أن منتجي Ùيلم "Ø£Ùينجرز" لم يجدوا ممثلة أكثر جمالًا من جوهانسون ÙÙŠ الوقت الØالي لضمان أن يلقى الجزء الثاني Ù …Ù† الÙيلم Ù†Ùس Ø§Ù„Ù†Ø¬Ø§Ø Ø§Ù„Ù‡Ø§Ø¦Ù„ الذي Øققه الجزء الأول والذي ÙŠØتل المرتبة الثالثة على قائمة الأÙلام الأكثر نجاØًا ... |
Friday, August 3, 2012
Supreme Court temporarily blocks Chrysler/Fiat merger - Business First of Buffalo:
lihung-associations.blogspot.com
Supreme Court Justice Ruth Bader Ginsberg grantes a motion filed by Indiana state pensio n funds to delay the merger between the American and Italiajn automakers in whatthe U.S. Treasury Department said was an administrativ e extension designed to allow sufficient time for the Supremd Court to explore whether or not a stayis needed, accordinh to several published reports late The Supreme Court move extenda a stay already issuefd by a lower court that was set to expirde late afternoon Monday. Fiat has givenb Chrysler until June 15 to finish the Attorneys for the pension funds argued that they woulx receive just pennies on the dollar fora $42 million loan given to Chrysler. However, U.S.
Solicitor Generakl Elena Kagan said the imminent collapse ofChrysler — said to be losinv upward of $100 million daily was of greater concern to government officialss than the loan dispute. When Chryslert filed for it announced it woulrd reject 789 dealershipagreements nationwide, including nine in the St. Louisz metro area. Chrysler’s restructuring plan also calls for closingeight plants, including Chrysler’s two plantws in Fenton, Mo. Chrysler’s South plant in which assembles minivans, was idles at the end of October.
Chrysler’s North plant, which makes Dodgs Ram trucks, was idled earlier this monthu for one to two months and The plants hademployede 1,200 workers in Fenton, down from 5,0009 several years ago.
Supreme Court Justice Ruth Bader Ginsberg grantes a motion filed by Indiana state pensio n funds to delay the merger between the American and Italiajn automakers in whatthe U.S. Treasury Department said was an administrativ e extension designed to allow sufficient time for the Supremd Court to explore whether or not a stayis needed, accordinh to several published reports late The Supreme Court move extenda a stay already issuefd by a lower court that was set to expirde late afternoon Monday. Fiat has givenb Chrysler until June 15 to finish the Attorneys for the pension funds argued that they woulx receive just pennies on the dollar fora $42 million loan given to Chrysler. However, U.S.
Solicitor Generakl Elena Kagan said the imminent collapse ofChrysler — said to be losinv upward of $100 million daily was of greater concern to government officialss than the loan dispute. When Chryslert filed for it announced it woulrd reject 789 dealershipagreements nationwide, including nine in the St. Louisz metro area. Chrysler’s restructuring plan also calls for closingeight plants, including Chrysler’s two plantws in Fenton, Mo. Chrysler’s South plant in which assembles minivans, was idles at the end of October.
Chrysler’s North plant, which makes Dodgs Ram trucks, was idled earlier this monthu for one to two months and The plants hademployede 1,200 workers in Fenton, down from 5,0009 several years ago.
Thursday, August 2, 2012
Boca Raton Community Hospital turns profitable - Washington Business Journal:
vlastaowibopaj.blogspot.com
BRCH Corp. earned $8,434 on revenue of $96 millioh in its fiscal third quarted endedMarch 31, improved from a $20.98 million loss on revenue of $92.5 million for the same period of 2008, according to the nonprofit’se report to its The turnaround happened quickly for a health care provider in the midsty of a recession. The hospital’s boarfd hired Jerry Fedele as CEO in October ashis Brentwood, Tenn.-based , worked on a consultiny deal with the hospital to improve its operations. Fedele immediately embarkedc on an expense reduction plan that included laying off 38 employees andrenegotiatinhg contracts. Fedele said BRCH’s results were consisten with his expectations.
“This progress is extraordinarily significant,” he said. “There is no question aboug our long-term success at this hospital.” BRCH’s operatingh expenses of $84.8 million in its fiscap third quarterwere $13.4 million less than the year-agoi quarter. Those savings more than covered the restructurinf fees the hospital paid totheire cost-saving consultants FTI and of $1.4 millioh and $3.2 million, respectively, duringf the quarter. Even as it reduced expenses, the hospital attractecd more patients and was more efficientf in collectingbills – the area Stockamp focused on. However, its numbet of surgeries dipped. BRCH’s income also included a $4.
7 millio n gain on its investments. For its next step to reducwe costs, the hospital’s executives are negotiating for more favorable contracts with managedx care plans and its oncology and infusion therapuphysician group. Yet, it returned to hirinfg in some areas. The hospital is looking into developingt an employed primary care physicianm network by the early part of fiscalyear 2010, whichh starts in July. Fedele said its Boca Care network woulf employ 25 to 30 primary care plussupport staff, within three years in offices in the Boca Ratom area. The first office should open this summer with four to six he said.
Fedele said the hospital is openinh this officebecause there’s a shortagd of primary care physicians and therr aren’t any private primary care physicianes referring patients to the hospital in that part of A location has not been finalized. In another the hospital will spend $1 million to buy an electronic medical records system for itsemergenct room. Fedele said BRCH would still repor a loss for the 12 months endedJune 30, but it should be significantly less than the loss reportes for the previous year. For the nine-montn period ended March 31, BRCH lost $9.5 milliobn on revenue of $259.3 improved from a loss of $44.3 million on revenue of $254.
4 million in the same period ayear ago. “It’e not done yet,” Fedele said. “Ths whole story isn’t based on one quarter.”
BRCH Corp. earned $8,434 on revenue of $96 millioh in its fiscal third quarted endedMarch 31, improved from a $20.98 million loss on revenue of $92.5 million for the same period of 2008, according to the nonprofit’se report to its The turnaround happened quickly for a health care provider in the midsty of a recession. The hospital’s boarfd hired Jerry Fedele as CEO in October ashis Brentwood, Tenn.-based , worked on a consultiny deal with the hospital to improve its operations. Fedele immediately embarkedc on an expense reduction plan that included laying off 38 employees andrenegotiatinhg contracts. Fedele said BRCH’s results were consisten with his expectations.
“This progress is extraordinarily significant,” he said. “There is no question aboug our long-term success at this hospital.” BRCH’s operatingh expenses of $84.8 million in its fiscap third quarterwere $13.4 million less than the year-agoi quarter. Those savings more than covered the restructurinf fees the hospital paid totheire cost-saving consultants FTI and of $1.4 millioh and $3.2 million, respectively, duringf the quarter. Even as it reduced expenses, the hospital attractecd more patients and was more efficientf in collectingbills – the area Stockamp focused on. However, its numbet of surgeries dipped. BRCH’s income also included a $4.
7 millio n gain on its investments. For its next step to reducwe costs, the hospital’s executives are negotiating for more favorable contracts with managedx care plans and its oncology and infusion therapuphysician group. Yet, it returned to hirinfg in some areas. The hospital is looking into developingt an employed primary care physicianm network by the early part of fiscalyear 2010, whichh starts in July. Fedele said its Boca Care network woulf employ 25 to 30 primary care plussupport staff, within three years in offices in the Boca Ratom area. The first office should open this summer with four to six he said.
Fedele said the hospital is openinh this officebecause there’s a shortagd of primary care physicians and therr aren’t any private primary care physicianes referring patients to the hospital in that part of A location has not been finalized. In another the hospital will spend $1 million to buy an electronic medical records system for itsemergenct room. Fedele said BRCH would still repor a loss for the 12 months endedJune 30, but it should be significantly less than the loss reportes for the previous year. For the nine-montn period ended March 31, BRCH lost $9.5 milliobn on revenue of $259.3 improved from a loss of $44.3 million on revenue of $254.
4 million in the same period ayear ago. “It’e not done yet,” Fedele said. “Ths whole story isn’t based on one quarter.”
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