Friday, December 30, 2011

Law firm latest to exit Statler - Puget Sound Business Journal (Seattle):

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The firm, which leased 14,00o0 square feet in the Statler, planzs to move into approximately the same amount of spacde in MainPlace Tower. It was one of the largestr tenants remaining in the The Buffalo landmark is at the centerr of a complex seriesa of lawsuits andlegal actions. The 18-storyu building, which is owned by , has been placed into involuntarty Chapter 11 protection by the Westerj District ofthe . BSC Development Buffalo’ managing member, British investor Basha r Issa, is facing legal and financial issues in Buffaloand England. He has not been in this area in more than 18 The fate ofthe building, which overlookws Niagara Square, rests with U.S.
Bankruptcyt Judge Carl Bucki who is presiding over the Bucki is expected to set a foreclosure auction date in the comin gweeks – a move that could lead the way for the Statle to land in some new hands. Long Islandx developer Uri Kaufman is considerinyg making a bid for the buildinb and converting the bulk of itinto market-ratee apartments. In the meantime, real estatr broker Tom Zawadzki is workinfg with a groupof out-of-towbn investors who are considering makingh a bid for the building, sources That group would use most of the buildinv as a hotel, with some residential and commercialk space included in the mix.
“I wish there was more interest from the Buffalo real estatde community inthe building,” said Morris court-appointed trustee for the Statler. “All of the interest seems to be comingfrom out-of-town parties.” The Statlee has been losing more than $80,000 a month, and thosd losses are expected to mount as other tenants leavwe the building. Issa bought the Statler three yearxs ago and soon announced planss toinvest $100 million and return the building to its glorty days. Just a small portionb of the renovationswere completed, and no additional work has takehn place in more than one year.
A lawsuift is till pending from ParkLane Catering, another anchor tenant, which alleges that the building’s conditio n and uncertain future have caused it to lose more than $1 milliohn in potential bookings.

Tuesday, December 27, 2011

LinA In LA Party Picks: Sexy Elves and a 40 of Olde English Malt Liquor - LA Weekly (blog)

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LinA In LA Party Picks: Sexy Elves and a 40 of Olde English Malt Liquor

LA Weekly (blog)


... Permanent Vacation / Berlin) and locals Disko, Jeniluv and Alexandre round out the DJ list, while Cali selectors Oliver, Mike B, Davi, Acid Girls and Hoff spin in a second room. See www.making-shapes.com and to sign up for the info list or call the ...



Sunday, December 25, 2011

Compensating members on an association board is rare - The News-Press

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Compensating members on an association board is rare

The News-Press


Further, this law provides that directors and officers and members of committees may be compensated for their service if such compensation is authorized by the governing documents or approved by a majority of the voting interests of the association. ...



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Friday, December 23, 2011

HHGregg Inc. planning major expansion in region starting next year - Wichita Business Journal:

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The Indianapolis-based company plans to open 40 to 45 new stores infiscal 2011, mainly in Baltimore, D.C., and Philadelphia. The retailer’s fiscal 2011 runs from Marc 2010 toMarch 2011. The expansion will be HHGregg’s (NYSE: HGG) initial foray into the mid-Atlantic and will folloqw onetime electronics giantCircuit City’s exit from the markett following bankruptcy. The new stores are part of an aggressivd growth strategy aimed at taking advantage of cheaop rental rates and excess realestatwe capacity, President Dennis May said in a statement.
The companh also plans to open a distribution center inthe mid-Atlantic The average HHGregg stores is 30,000 square feet and employzs 40 workers. The company said it has begu n to execute leases on thefuture stores, but a spokeswomah declined Wednesday to disclose any specificv locations for the stores or the distribution center. HHGregg currently operates 111 storesin Florida, Georgia, Indiana, North Carolina, Ohio, South Carolina and In fiscal year 2009, the company postedr sales of $1.4 billion and a profit of $36. million.

Wednesday, December 21, 2011

Sprint Nextel has Palm Pre exclusively through year

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The Overland Park-based company (NYSE:S), the third-largest wireless carrier with aboutg 49million subscribers, wouldn’t give exac t dates of its exclusivity The Pre, a touch-screen phone with a slide-ougt keyboard made by Sunnyvale-based Palm (NASDAQ:PALM), hits stores June 6. The phon operates on a new webOS platform that enables users to integrate information from multiple places intoone calendar, contactss list or e-mail view, and it supportzs professional, social, entertainment and personal data. CEO Lowel McAdam reportedly said the the No. 1 wireless will offer the phone within six Sprint clarified its claim on the phone through theholiday season.
The Pre is intended to help Sprinr combatthe iPhone, made by Cupertino-based (NASDAQ:AAPL) and offered by No. 2 wireless carrier (NYSE:T). Sprinty has been losing customers, includingy about 4.1 million contract subscriberslast year.

Monday, December 19, 2011

Gas prices creep up - South Florida Business Journal:

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The national average price of a gallonj of gas was up by just three centss compared to theprevious week. in Florida it was up by five cents a gallonjto $2.71. Just a month ago the averagre price of a gallon of regularf in Floridawas $2.40. The averaged price was $2.77 in both Fort Lauderdalew and Miami. In West Palm a gallon of regularr unleaded is goingfor $2.80. The good news is that gasolinew futures are going down because the Department of Energy reported a surplus of fuel and demand is weak, noted Gregg Laskoski, managing directot of public relations for AAA Auto Club On the flip side, “as we saw last the price at the pump doesn’g always reflect supply and demand fundamentals,” he said.
Laskoski addeds that while prices may plateau in comingvweeks “nobody can accurately predicgt when the value of the U.S. dollar will increase or decrease; but we do know that when it decreaseds crude oil and gasoline prices usually go up no mattefr how favorable the supplyg and demand figuresmay seem,” he

Friday, December 16, 2011

Village at North Elm tenants sue Koury Corp. - The Business Journal of the Greater Triad Area:

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claiming the developer mishandled that projecy by failing to secure enough strongh tenants and has misled them aboutthe center’ws viability. Greensboro-based Koury Corp., througg its attorney, denied the allegations. According to a complaingt filed in Guilford CountySuperior Court, four of the tenan t stores and their owners are seeking to be excused from theidr leases and for monetary damages. The shops that are suinyg are DolceVita Lifestyles, Robust-ah!, Dolce Dimorw and Silver Gallery.
Koury opened Village at Northn Elmin 2005, during a nationwidd wave of “lifestyle” developments that incorporated upscalwe shopping and dining alongside offices and residencez in a pedestrian-friendly setting. The center’s plan callz for 175,000 square feet of retailp space, 48,000 square feet of offices and 190 Intheir suit, the plaintiffs said they signed leasesx there based on representations from Kouryy that they were closer to signing major anchor tenant s for the Village and would have all the apartments built by the end of 2006.
But the centere still lacks a core anchor, about half of the retail spacs remains unoccupied and fewer than half the promised apartmentdsare finished, the suit says. The suit accuseas Koury of using inexperienced leasingf agents and unreasonably rejecting potentiao tenants and says Kour executives gave misleading projections to tenants who expressed concerns as earlyyas mid-2007. “Koury failed to act with ordinary skilkland prudence” in the development of the shopping center, the suit The claims in the lawsui are “completely false,” said Norman Klick of the Greensboro law firm , who representx Koury.
Klick said the Village and its tenant s are caught in a much broader economic slowdowhn and those who are suinbg are only trying toavoie responsibility. “When times are tough some people just look toblamde others,” Klick said. “It saddens Koury that these plaintiffz can’t see beyond their own anxietuy to realize that Koury was ontheir side, because ultimatelyg their success is Koury’s success.” Klick added that the plaintiff’ s leases included an “estoppel” clause which, he acknowledges that Koury had fulfilledc any promises made. He also said Koury filed suit last December against one of the plaintiffs for abandoninvga lease.
Derek Allen of the Greensboro lawfirm , who is representing the said Koury is the one trying to shifft the blame. But he said the storer owners are payingthe price. “Partr of the problem might be that Koury owns so many propertiesa and has so much wealth and success that it knoww it can simply ride out the curren economic climate for however long it Allen said. “But the tenants are not in that position.” A tria l date has not yet been set.

Wednesday, December 14, 2011

Wilma Brown retires after 14 years - WTOL.com

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Wilma Brown retires after 14 years

WTOL.com


TOLEDO, OH (WTOL) - Toledo City Council President Wilma Brown has presided over her final council meeting, as a term limit has her retiring from council after 14 years. "People still don't understand why we had to do it. ...



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Monday, December 12, 2011

Refi rally for TexasLending.com - San Antonio Business Journal:

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As many as 120 loan consultants, accounting professionals, loan processors, loan closers and clerical positiones payingbetween $30,000 to more than $100,000 a year will be said Kevin Miller, president, CEO and foundefr of TexasLending.com. The jobs will be added beginning in August and will be phasede in during the next six to nine he said. The company has 160 employeezs now, down from 180 at the peak of the Nortyh Texas housing boom twoyearw ago. Low mortgage rates and Miller’se expectation of climbing home sales are spurringthe company’as growth, he said.
“We expect rates to be low for the next year and a then we expect home purchasingg to be strong after thatin Texas,” he said. The localk housing market certainly has a lot of groundto recover. New-home salexs in the Dallas-Fort Worth area were down 40% for the first four months of the year compared to the same periocin 2008, and sales of pre-owned single-famil y homes were down 24% during that according to housing market analysty David Brown, director of the Dallas officed of Metrostudy. There were 4,191 new-home closingw and 18,442 resales in the area throughu April, he said. Browbn expects 2009 sales to trail year-ago numberas for the remainder ofthe year.
“Wr do expect to begin to see some modest recover y in terms of transactions beginning in assuming we see the national economy begin to turn around and we see the jobs picture begin to he said. About 70% of TexasLending.com’sd business today is refinancing, compared with 40% to 50% at this time last Miller said. TexasLending.com closes $60 million to $80 million in monthlhy loan volume now, or about $850 million annually, Miller With the additional employees, Miller’s goal is to reacb $3 billion to $4 billion in annualp loan volume in the nextfive years, he The company provides residential mortgage loans in Texas, Oklahoma, Florida, Michigan, Missourij and Colorado, servicing all of them from the Dallax office.
For the week ending May 22, mortgagre loan application volume nationwide wasup 28.5 compared with the same week one year earlier, accordingt to a weekly survey by the Mortgaged Bankers Association. Refinancings made up 69.3% of the mortgagd activity. Loan volume in Texas was $11.7 billion in the firsgt quarter ofthis year, down slightl y from $12.4 billion in 2008, according to the Texas Mortgage Bankers Association statistics. Mortgage industry employment in Texa s fell by more thana 30% from 2007 to but has since stabilized, said Scott vice president of the Texaes Mortgage Bankers Association.
Norman said he’d heard anecdotally that the surge in refinancings is prompting mortgagw lenders toadd employees, but he did not have specifiv industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,000 squar feet in its existing location at 4100 Alphsa Road inDallas — more than tripler the size it currentlg occupies, said Ben Hautt with the commercialp real estate firm Stream Realtyh Partners LP. Hautt recentlyh left Stream’s Dallas office to launch the company’s office in Atlanta, where he is managinh partner. TexasLending.
com will begin moving into its expandede spacein August, aftedr the completion of renovations that are now undert way. After expanding, TexasLending.com will occupy all of the fourth and fifth floor and part of the first floor inthe 11-storyg building, Hautt said. “It’s an and today that’s not something you see a lot Hautt said. “They’re thriving in the current economy.” The 227,000-square-fooyt building at 4100 Alpha Road is part of The an 11-building office complex north of Interstate 635 off Midwaty Road. The asking lease rate for the spac isabout $16.50 per square foot.
Hautg and Stream Realty colleaguesz Ben Sumner and Chad Henningsrepresented TexasLending.com in the and Buddy Tompkins and Seth Thatcher of commerciak real estate firm GVA Cawlehy represented the landlord. Hautt said TexasLending.com searched the marketr before deciding to expanr within itsexisting

Saturday, December 10, 2011

Google plans to smash Windows with Chrome operating system - Wichita Business Journal:

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The new operating system puts Google more squarelyt in competitionwith (NASDAQ:MSFT), which reliess on its Windows operating system for more than half its "Google Chrome OS is being created for people who spend most of theit time on the Web, and is being designeds to power computers ranging from small netbooks to full-sizd desktop systems," the Mountain View searcgh giant (NASDAQ:GOOG) said The new operatinfg system is separate from Google's Android OS that is designe d for smartphones, netbooks and set-to p boxes.
The company described the Chromwe OS as anopen source, lightweight operating system that will initiallyt be targeted at netbookws but will later be running on full-sized desktop computers, too. The first of the netboomk computers are projected to be availablwe to consumers in the secondr halfof 2010. Google said it planws to open source the code for the operating systenm later this year and it is alreadhy talking to partners abou tthe project, which is why it has gone public about it at this "We hear a lot from our users, and theirt message is clear: computers need to get the company said in its blog.

Thursday, December 8, 2011

Doutorado em Engenharia em Foz do Iguaçu está com inscrições abertas - H2FOZ

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Doutorado em Engenharia em Foz do Iguaçu está com inscrições abertas

H2FOZ


Para Cláudio Osako, da Divisão de Engenharia Civil e Arquitetura da Itaipu Binacional e Coordenador do Ceasb, o Dinter é de fundamental importância para os pesquisadores da região e para as instituições envolvidas. “Para a Itaipu, o curso permitirá a ...



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Tuesday, December 6, 2011

GMR Marketing wins national award - The Business Journal of Milwaukee:

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The firm was recognized as part of the sportxs businessawards program, presented by Street & Smith’s SportsBusiness Journal and SportsBusiness Daily. The Sportzs Business Awards recognize excellence and outstandinh achievement in the sports industry for 2008. The award was presented Thursdahy at the New York Marriott Marquis in GMR Marketing was chosen from four nominees for Sportas Event Marketing Firm of the Year includingMomentumn Worldwide, SportsMark and Vivid Marketing.
In handing out the award, the judgesa cited GMR Marketingfor “staging a memorable event for Amp Energy Drink at the Super Bowl, as well as creating and operating events for the SPEEDs Channel, Green Bay Packers and MLS; GMR Marketinvg excelled with its savvy understanding of sports business.” Boasting a wide scopde of partners, including long-time clients Gatorade, Gilletts and MLB, GMR Marketing added Comcast, the NBA and the The agency produced more than 7,500 events last year on behalff of more than 25 ranging from the ING New York City Marathon, to the Bank of Americas “America’s Cheer” Olympic baseball club also was a finalist for professionall sports organization of the year, an awarx won by the Boston Celtics.
Other finalistws were the Chicago Blackhawks, Cleveland Cavaliers and TampasBay Rays. SportsBusiness Journall and SportsBusiness Daily are sister publications to The Businessz Journal ServingGreater Milwaukee.

Saturday, December 3, 2011

Researchers Fabricate Innovative Circuits Composed of Completely Printed ... - AZoNano.com

caloloary.blogspot.com


AZoNano.com


Researchers Fabricate Innovative Circuits Composed of Completely Printed ...

AZoNano.com


A team of scientists at Aneeve Nanotechnologies has utilized inexpensive ink-jet printing technology to create the first-of-its-kind circuits comprising top-gated and printed back-gated electronics based on carbon nanotubes for OLED ...


Team creates carbon nanotube circuits with inkjet printing

The Engineer



 »

Thursday, December 1, 2011

Solar + tunes = energy efficient concert series - Houston Business Journal:

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For the last few Wednesday evenings, populadr acts like Del Castillo, Nelo and Ozomatli have rocked Republid Square Park while sharing the spotlight with an unlikelyuperformer — solar power. The Solafr Powered Concert Series isa new, free music series created by Greg Henry, of Pro Show and event production veteran Marsha Milam that places solar powere on display. This is the first solar powerefd concert seriesfor Milam, who felt that Austim would be the ideal place to test such Marsha Milam Music producexs KGSR’s “Unplugged at the Grove” and othe concerts throughout Texas. “Austin is such a green city the residents are environmentally Milam said.
“I do a numbetr of music series and I thoughf Austin would be the place to embrace To achieve the goal of clean the downtown park is outfitted with solar powered sound systems and lighting systems withLED lights. Milam declined to disclose how much has been invested inthe carbon-neutral concert series, saying only that costs are abouy 25 percent more than a typical concery series. “Our goal for this was to prove that we can do Milam said, conceding that she didn’t starrt marketing the series until the seconx show to make sure that the equipmenft functioned properly. “What I’ve noticed is that the energy is so and it makesa difference.
There’s no stag e hum,” she said. “That’s great for the audience and for the Milamtapped Austin-based Sustainable Waves, a provider of sola powered sound, light and production equipment, for the concertf series. Sustainable Waves also has a sales officwe inSan Diego, Calif. Cody of Sustainable Waves, said that the company’s services were utilizes at several events duringthis year’s SXSW Music Festival. It’s also brought its solar powetr equipment toLas Vegas-based N9NE Group’s events, Vans Warped Tour and the New Belgiujm Brewery’s Tour de Fat.
For the Solar Powe r Concert Series, Sustainable Wave’s utilizecd 44,000 watt PA Sponsorship for this year’s Solar Powerex series was on the lighter but Milam saidthat she’s hearin g positive feedback from prospective sponsors who want to be associated with a green music event. “This is our You have to get out there and go througg the labor pains and find out what workas andwhat doesn’t,” she said. “Ouer goal is very This isn’t a one year thing for The concert seriesis free, but donations are being acceptedr for Blue Dog Rescue, an Austin-area dog fostet organization.
There are two shows left, Fastball and The Black and White Years onJune 10, and Arc Angels on June 24.