Tuesday, August 31, 2010

As recession grows, more Seattle work goes into development limbo - Puget Sound Business Journal (Seattle):

http://reeeview.com/MSI-Wind-Clones-Netbook/RoverBook-Neo-U100/
Two dozen construction projects in Seattle are stalled due tothe recession, accordinhg to a tally by the city. They’red not getting any prettier. Insteafd of gaining a grocery store or new neighborhoods are inheriting holes in the groundand half-finished The list — the first count by the city —includex more than $40 million worth of projects and hundredsx of thousands of square feet of space, ranging from condominiumn developments to retail projects. The projects hail from the hearrt of Ballard and the edges ofQueen Anne.
Many have been sitting untouched for more thana It’s the first time in decades that Seattlse has compiled such a but it took the step this spring to try to assesx the effect of the credit market’es collapse on the Puget Sound real estate Inspectors conducted an informa l survey to find potentially stalled sites and to make sure they are kept cleann and safe. “This is unusual — said Alan Justad, deputy director of the Seattler Department of Planningand “You just don’t see things stallo very often in Seattle.” “In recent decadesx we haven’t had anything like this.
” The number of stalled projectzs could grow substantially, especially if the recession Another 400 projects are awaiting initial city approval. Some of thosd have had little activity inreceny months, and it remains unclear how many of thosew ultimately could be stalled or Justad said. The city is offering to extenfd the approval period for up totwo years. “We just do not want to close the on projects, Justad said. “The question is whether they want to put on hold or cancekthe project.
” Developers of the 24 projectsd identified as stalled have shelleed out at least $400,000 for permits and fees — and that doesn’y include thousands of dollars in fees they’vwe paid to other city departments, Justadd said. Those fees are nonrefundable. City officialsz plan to help these struggling developers keep theitpermits active, Justad said. That way, when the real estatre market doesturn around, they’ll be readg to go again. Until then, many of them are just waiting. While the 24 stalled projects comparewith 1,809 that appear to be goingf ahead, the number is highly indicativd of the weak development market, Justad said.
The causess of the stalls are familiar. Some developers are strugglingh with financing as local banks cut back on real estate Others are facing foreclosure with no hope of selling or finishinfgtheir property. Some can’t even sell the land becausd of the steep drop in The Puget Sound Business Journal phoned everhy developer identified bythe city. Many did not return calls. At least one disputed his projectwas stalled. “We continue to work on it — we haven’t stopped,” said Michael who’s developing 301 apartments on the former Leilani Lanesx bowling alley site on GreenwoodAvenure North.
Some of the eyesores are more recognizablesthan others: the failed Hotelk 1 condominium project in downtown Seattle, which has developexd into a giant pit next to the Macy’ds parking garage, and the site of the former Ballard Denny’d restaurant are on the list. Others are less obvious. Developeer Paul Guzman was buildinga six-stor y condo building near Queen Anne — until his financinv from Everett-based fell through. Now the property, 70 percenf complete, is in foreclosured and Guzman has filed forpersona bankruptcy. Frontier is struggling with bad real estated loans and is operating undert strictregulatory enforcement.
The bank doesn’t commentr on individual lending relationships. “At a certain point I realizeddthey weren’t going to give me the money,” said “(The project) just got delayed and delayefd again.” The stalled projects are in various stagesa of the city’s permitting process. Some developers, like , have full permit but are fighting a bad realestatwe market. The developer planned to builda three-story, 12-unit condo building on Capitol Hill with all the green amenitiesw that have become wildly popular in Working with a $5 milliomn construction loan from Seattle Great Northern tore down several existing buildings on the land and then the real estate marketg came to a screeching halt, said Ed Gallaudet, ownerr of the company.
Earl last year, Seattle Bank “put the brakees on the project,” said Gallaudet. Now the land has been sittiny for over a year and Gallaudetf is exploringhis options. He couldc try to build fewer unita and price themat $500,000, about $100,000 less than he originallty anticipated. Or he could sell the land at asteepl discount. “We have to figure out how to builds a product and make less money on said Gallaudet. “And do we need another 12 unitsa on the marketright now? Probably not.

Sunday, August 29, 2010

Report: Foreclosures are top sellers - San Francisco Business Times:

http://www.lamontanita.org/M2M4web1006pdf.html
said banks that are willing to deal on foreclosed unitx are driving the firstquartee activity. For example, Shoma at Keys Cove in southg Miami-Dade County sold the most, with 50 unit closing in the first quarter. The Vue at Brickel sold 25 condos, ranking it seventh on CondoReports.com’ top-10p list. “Many banks have taken ownership of unitz in these buildings and are looking toget out,” said Adam president of CondoReports.com. “Banks, either througgh short sales or units they own as a resultof foreclosures, are the most activer sellers in today’s market as they are willing to accepty market prices.
” The 10 most active buildings producec an average of 29 sales, or one sale every threw days. The buildings accounted for more than 11 percentf of all condo salesin Miami-Dade, according to a CondoReports.cojm news release. Most of the activityy is tied to individualunit sales, and not bulk Cappel said. “These buildings are moving towar d stability as speculative investors and thinlgy capitalized owners are being replaced with either owner-occupant or well-capitalized, patientt investors buying in at a much lower Cappel said in the statement. “Most are individual unit The study looked at closedc salesin 2,000 condo projectsz with at least 50 units throughoug Miami-Dade.
The study excluded units delivered in 2008 and 2009 because thosse sales were likely driven bypreconstruction contracts, Cappel

Friday, August 27, 2010

Christian Science Church, Maples house top endangered list - Washington Business Journal:

http://www.mesotheliomapleural.org/mesothelioma_risk_factors.html
Rebecca Miller, executive director of the D.C. Preservatioh League, announced the list Tuesday at the site of an on the the Maples, 619 D St. SE near Eastern Market. The D.C. nonprofiyt has published the list annually since 1996, hoping to draw attentio n to Washington’ historic and culturao landmarks most threatened by ill-advised demolition through neglect or abandonment. The one of Capitol Hill’s oldes t residences, was built between 1795 and 1798 for William Duncanson, personal friend to George Washingtonj and Thomas Jefferson.
Although the property has gone through periodx of neglect and prosperity duringits 135-yeatr history, recent developers hope to restore it to its former state. Friendship as it’s affectionately called, once served as the home of FrancisScott Key, Sen. John Clayton, and Major Augustuws Nicholson. Another of this year’s entries, the Third Churchn of Christ Scientist, 900 16th St., NW, is particularlt endangered, given the recent decisiojn by Planning DirectorHarriet Tregoning, actin g as the mayor’s agent, to allow the church to proceed with demolition so it can build a new one. Built in 1971, the complex was designed by I.M. Pei partnedr Araldo Cassutta.
While church’s “brutalistic” concrete desigbn has its championsand critics, it has been cited for architecturall excellence by various publications, including Architecture magazine. The church’s efforts to raze the building has ignitef passions onboth sides. The Foundry Branchy Trolley trestle (crossing Foundry Branc of Potomac River in GloverArchbold Park, just nortjh of Canal Road NW). This line, constructed in was used by Washingtonians to access the Glen Echo Amusementg Park insouthern Maryland. All trackes have been removed from the formertrolley line, but the right-of-wayt still serves as a trail alon the Potomac River overlooking D.C.
’s Palisades The Barney Circle neighborhood — bounded by Potomac 17th Street, Kentucky Avenue and Pennsylvani Avenue SE just east of Capitolp Hill — was developed to provide affordabler housing for people moving to Washington following Worled War I. As housing prices and rents have increased in recent developers have moved to builcd largerhouses there. Mead’s Row, 1305-1331q H St. NE, comprises row houses with two living levels above retaiolstorefront shops.
A proposal to build a new parking lot forH Street’w up-and-coming restaurant/bar scene threatens these unique The Superintendent’s House, 5211 Littlr Falls Road NW, a two-story Civil War-erq home, and the adjacentg Dalecarlia Reservoir are National Historic Landmarks. The Washingtob Aqueduct, owner of the property, recently proposed to demolishthe building. DCPL officials have encouragesd the aqueduct to either rehabilitate the building or leasre it to a user who woul bettermaintain it.
Three of the structures are repeat fromlast year: the church, the Foundry Branch Trolley trestle and the Barney Circle Miller said preservation needs to be a community “It’s not as productive to have preservation put down on someon e as it is to have it percolatr from the residents,” she said.

Wednesday, August 25, 2010

ESD CEO resigns; Gov. Paterson names new leader - Orlando Business Journal:

http://bayvon.com/furniture/patio-furniture-cushions/
Over the weekend, Gov. Davidc Paterson announced that Marisa Lago will leavde Empire StateDevelopment Corp. at the end of June. Paterson appointeed Lago to the job inAugust 2008. Lago said she’z leaving to pursue other jobs. “Givejn the public nature of Empire [State] Developmen and the need for a leader who can devotes full timeto [the agency’s] critical I think it is advisable that I resign,” Lago said in a brierf statement. Also on June 6, Paterson promotede Dennis Mullen to bethe agency’s new presiden t and CEO.
Mullen has been overseeinb the agency’s upstate division for less than a Empire State Development is charged with spearheadinghthe state’s economic development The agency also administers the Empire Zone program, which award s tax breaks to companies that pledge to creatwe jobs and expand their facilities in New York. The leadershipo changes continue anongoing shake-up in the agency’s management, dating back to earlty 2007. Some leadership positions are stillvacant Paterson’s predecessor, former Gov. Elio t Spitzer, put two people jointly in charges ofthe agency.
He appointed a leadedr for upstate New York developmentf and another for downstate New York Spitzer resigned from office inMarch 2008. Paterson erasedx Spitzer’s leadership structure at the agency and has insteaxd advocated a model where one chairman oversee upstate and downstate divisions ofthe agency. Robert chairman of Buffalo-based , became chairmajn of Empire State Development inJune 2008. He is workinbg for $1 a year leadingf the state agency. Mullen is now the No. 2 official in the He is the former presidengt and CEO ofthe , a regionalk economic development organization.
He also speng years in the private sector, including a stinyt as chairman and CEO ofNew York-basexd Birds Eye, which makex frozen vegetables. “My focuas now will be on ensurint a smooth transition as our teammoved forward,” Mullen said. Now, the agencyg lacks someone to lead its upstate A similar position forthe agency’s downstate operationd has remained vacant since Paterson took “There are many details that we will be working out over the next severa l weeks,” Warner Johnston, an agencty spokesman, said in a “We will be movingt quickly.” Lago came to Empire Statwe Development from a job as globa head of compliance at .
Before she was an executive atthe U.S. Securitie s and Exchange Commission. She was making $215,0090 a year with the state. [ ]. Patersojn has announced a number of leadership changex inrecent weeks, incuding , and a new . For more businessx news, click .

Monday, August 23, 2010

Sales heating up for Earth to Air - Puget Sound Business Journal (Seattle):

http://www.zhratva.ru/pozdrdr.php
Formed in 2002, Earth to Air Systems develops heatinh and cooling systems based on a technology knowm as direct exchange called DX inthe industry. The company’s applicationzs have been shown to reduce heating and cooling costds by 50 percent to 80 CEO RandyWiggs says. Earth to Air’s system bypassesw the more conventional geothermal heating andcoolin model. Instead of using water as a source, the technologyu skips a step and controls heating and temperaturees directly from the earth withcopperd tubing. The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped througythe tubes.
Earth to Air’s revenue comes from licensinh fees collected from heating and cooling companiez who decide to market and install the Earth to Air got its first internationakl distributor two years ago when Australian entrepreneu John Gagliardi embracedthe technology. He says he’z secured more than $30 million in including contracts withschool systems, mining camps, housing projects and major corporations, such as BP. “Wes are moving into significant Galiardi says, adding that he’sw planning on expanding into the Southeast Asiah market soon. Galiardi predicts that Eartyh to Air willbecome “a billionb dollar business or more.
” Sales in the firstt quarter were up 60 percengt from the same time last “We’re living in an time when there’s a huge demanfd (for products) to reduce our dependence on foreign oil,” Gagliardi “Twenty years ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potential is There are multiple installations of Eartbhto Air’s geothermal systen in the United States, but the company is just now settingf up a formal distributor network, says Clayton Washburn, chievf operations officer at Earth to Air. “Our biggest struggle is having to say noat times,” Washburnm says.
“We’re preparing for a much biggedr onslaught.”

Sunday, August 22, 2010

Eggs and salmonella: What you need to know - Los Angeles Times

http://repairmaster.bravejournal.com/


Reuters


Eggs and salmonella: What you need to know

Los Angeles Times


With 380 million eggs under rec »

Friday, August 20, 2010

US Assures Israel That Iran Threat Is Not Imminent - New York Times

http://masterwork.blogetery.com/2010/08/17/air-compressor/


Ha'aretz


US Assures Israel That Iran Threat Is Not Imminent

New York Times


A satellite image taken last September shows construction in a mountain near Qum, Iran, and a major military base. By MARK MAZZETTI and DAVID E. SANGER WASHINGTON â€" The Obama administration, citing evidence of continued troubles inside Iran's nuclear ...


Has Obama Assuaged Israel's Fear About Iranian Nukes?

The Atlantic


US assures Israel on Iran's A-bomb plans

AFP


US assures Israel nuclear Iran not imminent - report

Reuters Africa


FOXNews -San Jose Mercury News -CNN


 »

Wednesday, August 18, 2010

Juror: One vote blocked Senate seat conviction in Blagojevich case - CNN

http://aic-egypt.com/industrial-steel-doors-highly-protected-and-solid/


CBC.ca


Juror: One vote blocked Senate seat conviction in Blagojevich case

CNN


By the CNN Wire Staff Chicago, Illinois (CNN) -- The jury in the federal corruption trial of former Illinois Gov. Rod Blagojevich was one vote short of convicting him of attempting to sell a US Senate seat. Prosecutors have already said they will retry ...


The Blagojevich Case: Like the Ali-Frazier Rivalry?

TIME


Blagojevich guilty on 1 count

Detroit Free Press


Jurors: No 'smoking gun' in the Blagojevich trial

Chicago Sun-Times


Chicago Tribune -The Associated Press -Pittsburgh Post Gazette


 »

Monday, August 16, 2010

Suicide raises questions about safety of Mass. inmates - Boston Globe

http://ghanaprop.com/purchase-steel-doors-provide-the-protection-to-your-property/


New York Daily News


Suicide raises questions about safety of Mass. inmates

Boston Globe


Philip Markoff's apparent suicide yesterday in a Boston jail comes at a time of increasing scrutiny on suicides in the state's prisons and occurred just weeks after the federal immigration agency faulted Suffolk County jail officials ...


Autopsy planned for accused Craigslist killer after apparent suicide

CNN


The Craigslist killing: A timeline

Boston Herald


Philip Markoff Faced Charges in Killing of Masseuse

ABC News


New York Times -The Associated Press -9&10 News


 »

Saturday, August 14, 2010

Obama makes clear support for ground zero mosque - The Associated Press

http://www.tx-motor.com/2001/novas01n03.htm


CBC.ca


Obama makes clear support for ground zero mosque

The Associated Press


WASHINGTON â€" After skirting the controversy for weeks, President Barack Obama is weighing in forcefully on the mosque near ground zero, saying a nation built on religious freedom must  »

Thursday, August 12, 2010

Can JetBlue flight attendant stretch 15 minutes? - Hollywood Reporter


Globe and Mail


Can JetBlue flight attendant stretch 15 minutes?

Hollywood Reporter


Now, office water coolers, Twitter feeds, Facebook and chat rooms are buzzing with expressions of support and the question: What's next for the flight attendant who quit his JetBlue job in such memorable fashion that some have c »


http://www.elips.com.ua/price.php

Tuesday, August 10, 2010

Fed-up attendant curses out fliers, exits JetBlue flight by emergency slide - USA Today


Globe and Mail


Fed-up attendant curses out fliers, exits JetBlue flight by emergency slide

USA Today


A JetBlue flight attendant left his job in dramatic fashion yesterday,  »


http://impex-projects.com/content/view/28/30/

Sunday, August 8, 2010

Doctor killed on Afghanistan aid mission was not religious, say family - The Guardian


CBC.ca


Doctor killed on Afghanistan aid mission was not religious, say family

The Guardian


The family of the British doctor shot dead by gunmen in Afghanistan, today rejected Taliban claims that she was preaching Christianity to Muslims, saying she was not religious at  »


http://theemergencyservicesshow2008.com/page/127/

Friday, August 6, 2010

Economy sputters as companies add only 71000 jobs in July - Washington Post


Reuters


Economy sputters as companies add only 71000 jobs in July

Washington Post


The nation's economy continued to sputter as private-sector employers added just 71000 jobs in July, according to a report released Friday by the Labor Department. The sm »


victoria0douglas.wordpress.com

Wednesday, August 4, 2010

Investigation Continues at Manchester Murder Scene - Hartford Courant


msnbc.com


Investigation Continues at Manchester Murder Scene

Hartford Courant


â€" Twenty-four hours after the deadliest workplace shooting in state history, the scene at Hartford Distributors on Chapel Road was quiet Wednesday morning with only a couple of police officers at the property. ...


Family: Racial Bias Caused Conn. Gunman to Snap

ABC News


Employees in workplace shooting still reeling

CNN


9 dead in Conn. rampage

Boston Globe


D »


livejournal.com

Monday, August 2, 2010

Obama: 'Our commitment in Iraq is changing' - USA Today


Boston Globe


Obama: 'Our commitment in Iraq is changing'

USA Today


President Obama outlined the end of combat operations in Iraq this month, and told a veterans group that  »


livejournal.com