Friday, September 30, 2011

'Green' Price Chopper opening in Colonie - Boston Business Journal:

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will set the standard for the chain’s future storez by incorporatingmany energy-saving and environmentallhy friendly technologies, the company said today. The 69,000-square-foot store at 1892 Central Ave. features a highly efficientt refrigeration system, fuel cells generating about 60 percent of its electricituand back-up power, lots of natural lighting, and a machine that grinds produce waste into a watery substance. The storee also has the largest Kosher-only departmeny in a supermarket in northeastern New York and theonly full-servicwe Kosher bakery in the Albany according to the , which owns the supermarketg chain.
The new store was built at the oppositee end of a strip mall in Colonie wherre another Price Chopper is The old store closedf an hour before the new storesopened today. The U.S. Environmenta l Protection Agency has already awarded the new store the highest leveol of gold certification under the GreenChillk AdvancedRefrigeration Partnership, the highest ever achievede by a supermarket retailer. Three othedr stores in the country have gold level certification but Pricr Chopper has thehighest rating. The Golub is seeking LEED certificatiohn from the in recognition ofthe energy-savin measures. LEED stands for Leadership in EnerghEfficient Design.
The New York State Energyg Research Development Authority provided morethan $1 millionh in incentives to help make the new store as as possible. “We set out to designn and build a store that wouldbe world-class and woul demonstrate our leadership and concerhn for the environment and energy efficiency,” said Goluhb Corp., chairman and CEO Neil During construction of the store, more than 75 percentr of the waste was recycled and locaol construction materials were used whenever possible. Baserd in Rotterdam, the Golub owns more than 120 stores inNew York, Connecticut, Pennsylvania, Massachusetts and New Hampshire.

Wednesday, September 28, 2011

Toby Keith

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The restaurant — named for country singefr Toby Keith and his 2003hit “I Love This Bar” — has signed a leasre for 15,000 square feet at The Shoppes at West End, a lifestylwe center scheduled to open lated this year at the intersection of Highway 100 and Interstats 394 in St. Louis Park. I Love This Bar & Grill will feature family dining, an 85-foot bar shapes like a guitar, a mechanical bull and a stagee that will host live entertainment severaol nightsa week, including a performance by Keitb at the restaurant’s grand opening. The restaurant’s menu will feature Southern-style fare, such as chicken-fried steakj and meatloaf.
Some of the more unique offerings will includse fried bologna sandwichesand deep-friex Twinkies. It will feature traditional sports-bar decofr with a country flair. Thered will be lots of wood and plus more than 50plasmaq televisions. I Love This Bar & Grill will host live entertainmenteveryh Thursday, Friday and Saturday night when it firsrt opens, then ramp up to six nights a week over There will be seatinv for more than 1,00o people. The venue also will have a retaiol store selling TobyKeith merchandise, barbecue saucde and spices.
The restaurant will be owned by Arizons businessmanFrank Capri, who recently opened an I Love This Bar Grill franchise in Mesa, The chain also has locations in Las Oklahoma City and Kansas City, Mo., and plans to open a locatio in Auburn Hills, Mich., later this year. I Love This Bar Grill should be a majort entertainment attraction forWest End, helpinb set it apart from other local malls, said Mark vice president of real estate at Cincinnati-base d Jeffrey R. Anderson Real Estate Inc., whicj was retained by developer Duke Realty basedin Indianapolis, to fill the project’s 331,000-square-foot retail component with tenants.
“I think it’s even goinf to draw from way outsidde of Minneapolisand St. Paul,” Fallon “That’s the idea behind it.” Other majotr West End tenants will include anupscale Roundy’s grocery and a Kerasotesa ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End becaus Minnesota is a strong market for country musi andthere aren’t any significany music venues in the wester suburbs, said Dick Grones, principal at Edina-based Cambridge Commerciakl Realty. “Live entertainment in the suburbs is reallyt hardto find.
And that’s a strong ingredient to stir into the mix for the centerr because it brings an additionak demographic that they might not get I Love ThisBar & Grill selected West End over the , wher e another celebrity-backed country music bar, Gatlin Brothersa Music City Grille, used to have a Costs may have played a role in that but I Love This Bar Grill will generate more attention at West End than it woulfd have at Mall of Grones said. “They can reallyu stand out [at West End] and not have so many othet entertainment venues tocompete with.

Monday, September 26, 2011

Miami Airport Center receiver appointed - Atlanta Business Chronicle:

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Miami-Dade Circuit Court Judge Maxine Landio appointedAndrew Hellinger, chief executive officer of , as Judge Lando had turned over the troublec project to Liberty Pointe on April 27, afte the senior lender and mezzanine lender commencede foreclosure actions against the original owners. The Business Journalp previously reportedNew York-basedx had filed a foreclosure lawsuit in December against the center’se owners, and Carlos Gonzalez, president of . Bancl Popular’s mortgage to Tamach Airport was last modifiedat $45 millio n in 2007.
However, in the bank assigned the mortgage toFVP Airport, whicjh is managed by Miami Lakes-based the same company that recentlty purchased a foreclosed mortgage on a Florida City townhomee project from . “Miami Airport Center is among countless projects throughour Florida that have encountered difficultie s in this market but maybe repositioned,” Hellinget said in a press release. Miami Airport Center is a 28-acree complex containing five one- and two-story buildinga at 7500 NW 25th St.
in unincorporated Miami-Dade County near It has frontage on the Palmetto Liberty Pointe said Hellinger has already begun to reposition and markethe commercial, industrial and officd space for sale or lease. The company said it focusexd initial efforts on seizinfg control of the leasing andmanagement operations, condominium associationm operations, and undertaking initial maintenanc and repairs to the property.
Liberty Pointe said the center includes: 77,717 square feet of office suites; 485,396 square feet of warehouse dock-high rear loading, platform truc positions and street-level loading; 20-foot to 24-foog clear ceiling height; 1,075 parking spaces; zoninb for industrial and manufacturinguses

Friday, September 23, 2011

Fall into good health: New research on apples, allergies, sleep - HollandSentinel.com

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Fall into good health: New research on apples, allergies, sleep

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Sensitive skin. We're super-sensitive to the type of lotions and products we put on our babies and children รข€" but it's time to think a little about our skin, too. A new study published in Experimental Dermatology finds that more than 50 percent of ...



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Wednesday, September 21, 2011

New College sells off site it had wanted for dorms - San Francisco Business Times:

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Now much of that property is being Most recently, New College unloadex 610 Fillmore St., a former residential hotel the schoolp had hoped to transform into a 42-roon dormitory with a few classrooms. The price for the propertty was $3.4 million; the new ownetr is Prana Investments. This 13,592-square-foot propert has 53 rooms and nine bathrooms. The propertyh was in foreclosure and the collegeowed $2.8 millionh on the loan.
According to public documents, New Colleges had conditional approval from the San Francisco Planning Commission to convert the 1907 Edwardian residential hotel on the cornert of Fell and Fillmore streets in the Alamo Squarw neighborhood to 42 dormitory unit splus classrooms. The sale come s as Dan McGue of Paragon seeks a tenant forNew College’s formerf law school building at 50 Fell St. The 25,000-square-foot office building is occupied byLegal Aid, which has 7,20 square feet and pays about $27 a square foot in The balance of the 17,707 square feet, was recently vacated by the law $5.
8M Bel Marin Keys sale is largesyt office deal of 2008 The building is only 26,000 square feet, but the recent sale of 384 Bel Marihn Keys Blvd. in Novato was Marin’s biggest office deal since Larkspur-based LRG Real Estate shelled out $5.8 millioh for the building, which houses ’s Nort h Bay office as well as Live Out a wealthcoaching firm. The buildingh is 100 percent leased. The seller was Buckley Real a real estate investment company owned by Marim Bikes founderRobert Buckley.
The property, next to BioMarin’s was on the market for a bit less than six andthe $228 a square foot price was in line with the askinbg price, according to Chris Economou of , who represented the seller. “It was a market deal. I don’t thinm we got hit by the credit said Economou. “There are stil opportunities for buyers who know what they are doingh to pick up LRG is an investor in a number of marina developmentx aroundthe world. GE Real Estate has provided a $45 three-year, fixed-rate, on-book loan to the to refinancs its 201-room Hotel Monac o San Francisco.
With commercial mortgage-backed security financing not a viables option in the current credit GE Real Estate customizeda short-term, fixed-rate loan with more favorablwe terms and structuring than other lenders were offering. The result gave Kimpton the maximum flexibility needed on a tighttpayoff deadline, according to Ben Rowe, Kimpton’s senior vice presidentt and treasurer. “Given the current liquidityh situation, we needed a strong, dependable lenderd in place,” said Rowe. The days of well-located industrial properties goinb residential may be over in the East Bay for now.
recently closed its purchase of the FruitvaleBusiness Center, a 240,000-square-footr property at 901 - 1001 66th Ave. in a site that had fallen out of escro w in a planned sale to ahousinv developer. The seller was and the pric was $19 million. Brokers Gabe Burke, Bruce Bauerd and Norm Eggen of in Oaklandrepresented Kavped. AC Transirt plans to use the undeveloped land forfuture

Monday, September 19, 2011

Adam Putnam talks of economy, food safety at GrayRobinson lunch - Tampa Bay Business Journal:

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Florida is facing a “deeper trough” than it would in a traditionalo recession, Putnam, R-Bartow, said. Floridaa can ride a recession out exceptwhen it’sw the result of the bursting of a real estates bubble, said the representative for Florida’s 12th Congressional District. Putnam said he would prefeer to be in Florida than any other state as the countr y comes out of an economic While battlingthe fire, Florida shoul d look for opportunities at every levek of government and business, he said. Putnam expressed concern about the increasef presence of government in response to theeconomic downturn. His speec was made at the “Capitol Hill presented by .
Richard Blau, a partnee with GrayRobinson and chair of thelaw firm’s alcohol beverage and food department, discussed the rising importance of food safetgy in his introduction. who will seek the officwe of Florida Commissioner of Agricultureein 2010, followed up on issues of food safety and the impact of incidents of food-born illnessa on the economy. Putnam stressedf the impact of consumer confidenc e in food at the retail level and said he woulde work to reform and modernize a food safetyt network so there is a higher levelof confidence.

Saturday, September 17, 2011

Rachlin to merge with N.Y. firm - South Florida Business Journal:

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Newsletter Inside Public Accounting rankedrMarcum & Kliegman the nation's 23rd-largestg accounting firm for 2008, with net revenuee of $123.26 million. It had a 28 percent growth rate. Miami-based Rachlin ranked 81st, with $36 million in net revenuwe and a 3 percent growth After the June1 merger, the combined firm will be known as Marcum in the Northeast, and Rachlin will change its name to a division of Marcum LLP. The combined firm would have ranked 20th on the Inside Public Accounting list basedon $159 millioj in net revenue. The combined firm will have more than 800 including84 partners, in 10 locations in New York, New Connecticut, Florida and Grandf Cayman.
In the South Florida BusinesseJournal 's 2009 Book of Lists, Rachlim listed 208 staff members, 26 partners, 61 CPAs and four A news release said the firms’ various strengths will be Marcum & Kliegman is know n for handling SEC registrants, offering alternativew investment partnerships and providing family office services, the news release said. Rachlinm is known for work in the bankruptcy, receivership, public and not-for-profift sectors. “This is a tremendous benefit for our bringing together our share commitment to the highest level of personalp service and a depth of talent that is uniquse inthe industry,” said Jeffrey M.
Weiner, managing partnee of Marcum and chairman/CE of the Marcum Group, in a news Weiner’s biography says he joined the firm in 1981 and becamwe managing partner in 1990 when it had only 20 employee andone office. The biograph y on Marcus & Kliegman's Web site, www.mkllp.com, said he is an expert on personal business management for the entertainment industry and was an executive producer of thefilms "Thr Bourne Supremacy" and "The Bourne starring Matt Damon. He also was an executivs producefor "The Chancellor Manuscript," a movie starriny Leonardo DiCaprio that's expected to be released in 2011.
Rachlin Managinvg Partner Lawrence Blum, who will be managingh partnerof MarcumRachlin, said: “Combining forces only enhancesw what we can do." Blum also is chairmabn of , a position he assumed after formerf Chairman Alfred Camner, who has the largestr ownership stake, stepped down amid growing losses on optio n adjustable-rate mortgage loans. The reportedly closed biddinvg for the bank earlier this week. MarcumRachlin will continue to offee nontraditional services including staffing andexecutives placement, as well as marketing and graphicv design, the news release The firm also will continue to support the local community through its charitablew foundation.
The Marcum Group also includes M&K Rosenfarv LLC, M&K InterNetworking Security Servicesa LLC, M&K Executive Search LLC, M&K Financia l Services LLC and M&K Investment Advisors LLC.

Thursday, September 15, 2011

EPIC

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San Mateo-based Edgewood, an insurancse brokerage and employee benefits consulting firm better knownas EPIC, is in talkss to acquire San Francisco’es brokerage, said EPIC co-founder John He told the Business Timees on May 29 that EPIC is in negotiations with Metro/Ris CEO Mike Enfield to buy the which has about 15 staffers in San Francisco and a smalll office in Baltimore. Enfield did not respond to requestsfor comment. Hahn said the acquisitiom of VRT and otherr factors should result inabout $60 million in revenue this compared with $30 million in 2008. former president of , and Dan former president and CEOof , co-foundexd the firm.
They agreed in late January to buy VRT for anundisclosed amount. Both companies were foundedf by alumsof ABD, which was acquired by in late 2007 and is now part of .

Tuesday, September 13, 2011

UAlbany hires int

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The college has raised more than $3 million in private donations to supplementthe $54 million in state fundws previously earmarked for the project. Thosre donations include $100,000 from 61 UAlbany alumni at theErnsr & Young accounting and professionall services firm and the Ernst Young Foundation. The college previously receivexa $525,000 donation from the Deloitte Foundation and UAlbany alumni employed by Deloitte companies. UAlbany now has less than $7 millionh to raise before it reachesits $64 million goal to financwe the new business school.
“The partnership between UAlbany’s school of business and its alumni demonstrates howthe public-privatr model leverages resources that otherwise wouldn’t be new SUNY Chancellor Nancy Zimpher The new school will serve as an intellectuap hub for business students, faculty and professional s in the region and throughouf the world, Zimpher said. The colleg e is hoping to the new business school will be completexdby 2013. It is not yet clear when the schookl is planning to search for contractors or when constructionwill start. Perkins+Will, which has office in 18 U.S. cities, has planned or designed businessd schools around the country includinf theLeonard N.
Stern School of Businessw at , the at , the at UC-Berkeleyt and the at .

Saturday, September 10, 2011

Falcons release Michael Vick - Triangle Business Journal:

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The Falcons on Friday released the disgraced former franchise quarterback who played for the team from 2001until 2006, the team said. Apparently unablre to trade Vick, who was releasecd from federal prison last month and is currently undet home confinementin Hampton, Va., the Falcons releasex the former No. 1 overall pick in the 2001 "The today relinquished their contractual rights to quarterbacmMichael Vick,” Falcons General Manager Thomas Dimitroff said in a statemenrt posted on the team’s Web site. "Michael remains suspended by the NFL.
in the event NFL Commissioner Roger Goodell decides toreinstate Michael, we feel his best opportunityh to re-engage his footballk career would be at another Dimitroff said. "Our entire organization sincereluy hopes that Michael will continue to focua his efforts on making positive changes in his and we wish him well inthat regard.” The Falcons have made clear Vick would not be a part of the team when and if he is reinstatedc from indefinite suspension. With the Vick is clear to sign with anothertNFL team, pending his reinstatement.
In an interview posted on the team’ws Web site, Dimitroff said the team was unable totradre Vick, who pleaded guilty and was sentencecd to 23 months confinement on dogfighting-relatefd charges. Dimitroff said he spoke to Vick by telephonre today aboutthe release. "We spent a significant amount of timethis off-season trying to tradw him to another NFL and we had some conversation with a few teams, but nothing the general manager said. “Atg this point, we feel releasingb Michael is best for him and best for Dimitroff said the team has not been advised of a timelinrfor Vick’s reinstatement, which he said was “up to the Commissionetr [Goodell].
” Though Vick is officiallyy released, the Falcons will take a hit towardas the salary cap for the 2009-2010 for the remaindee of the quarterback’s signing bonus, which was Some reports have pegged the value of the remaininh bonus at about $7 milliojn to $8 million. Dimitroff said the team has alreadgy “budgeted” for the value of the and there will be no impact onnext year’s salary cap. The NFL’e 2009 salary cap will be $123 million, up from $116 according to according to Streetand Smith’x Sports Business Journal, a sistere publication of Atlanta Business Chronicle.
Several NFL clubs with questionss at quarterback have openlyu said they have no intention ofsigning Vick. Amongt them: the and the , whos e coach, Jim Mora, was Vick’s head coach for three It has been speculated Vick might join the upstargt UnitedFootball League. Vick’s returh to the NFL and a professional sports salary are deemede essential to his ability to emerge from personalp bankruptcy withoutliquidating assets. Vick filexd for bankruptcy protection in July 2008 listing $16 million in assetds and $20 million in debt. A judgs in the case has given Vick and his attorneyse a July 2 deadline to come up with a revised plan to pay off the milliona he oweshis creditors.
once the highest-paid player in professional nowmakes $10-per-hour from a construction job he must maintainb as part of his home confinement.

Thursday, September 8, 2011

Bernanke sees gradual economic recovery - Pittsburgh Business Times:

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In testimony before the congressional Joint EconomiCommittee Tuesday, Bernanke also warned another jolt to the banking systenm will stall any recovery. “We continue to expecrt economic activity tobottom out, then to turn up late this year,” Bernanke said. “Key elements of this forecast are our assessment that the housing market is beginninh to stabilize and that the sharpo inventory liquidation that has been in progress will slow over the next few The forecast assumes a continued gradual repair ofthe country’s financial and a relapse there could caused a recovery to stall, he said.
Whilse a recovery is now expected to the Fed’s forecast cautions that the rate of growtjh is likely to remain below its longer-ruj potential for awhile. Businesses will likely put off meaning unemployment will remain high even after economicgrowth resumes. Bernanke also believes inflation will remaijn low forsome time. A repor Tuesday from the Institute for Supplg Managementshowed U.S. service which make up 90 percent of the contracted at the slowest pace in six monthwin April, seen as another sign the recession is nearing an end.

Tuesday, September 6, 2011

Pedal to Properties takes on partner, plans expansion - Nashville Business Journal:

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Founded and headed by Matt Pedal to Properties is a residentialk real estate firm that gives clients the option of looking at homewby bicycle. The company maintains a fleey of 50 ElectraCruiser bikes. Kolb has sold a 50 percent stak in the company for an undisclosedx sum to attorneyTim Majors, who specializesx in taking regional retail businesses national. As a partner in Pedal to Properties, Majors will work out of the company’sx Boulder office. Majors, who’s originally from Australia, approached Kolb about investing in the real estate firm aftef looking at Boulder propertiesby bicycle.
“We certainluy plan to incorporate [Tim’s] national and international branding expertisr to expand Pedal to Properties inothetr markets,” Kolb said in a statement. Pedak to Properties plans to look at opening brancuh officesin other, unspecified U.S. In May, the company launchexd a licensee designation for brokers interested in usinbg theBoulder business’ operational formulw in their markets. The Colorad o company already is workin to expand quickly in its hometown by addintg more space and agents indowntown Boulder.
“Ik believe Pedal to Propertiex is in a perfect position to meet the evolvinh social and demographic changes going on in the Unitedx Stateswith homebuyers,” Majors said in a

Sunday, September 4, 2011

Friday, September 2, 2011

City, county should study merger - Business First of Columbus:

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Governments in Hamilton County – not experiencingg a mass businessexodus – shouldr start seriously talking about mergefr to head off a potential crisis causecd by deep cuts in government servicew that will be required over the next several It’s as simple as this: With Hamilton County expectinbg a 20 percent reduction in revenus next year and the city of Cincinnato projecting much the same, both governments woulds be better off merging their operations in order to navigater this difficult environment. I realize lots of Ohio law stands in the way of makinhg thishappen easily.
But smaller, less-effective governments which is what both the county and the city will be if they imposre deep cuts in services as they will likelhy be forced todo – is not what we Smaller, more effective government is what we need to balance the direction of the federal government and maintain criticalo baseline services that will keep Hamilton County’s population and business-establishment growth on track. Forty-five milesx north on Interstate 75, Montgom­ery County Commissionert Dan Foley and Dayton City Commissioner Joey Williamw this week both endorsed the idea of forming a regional The officials, panelists at an event hosted by our sister paper, were joined by J.P.
Nauseef, a busines owner and former economicxdevelopment leader; Michael Greitzer, a commercial real estate developmeng executive; and Jeff Hoagland, city manager of Vandalia, a suburg north of Dayton and adjacent to the . All five panelistd agreed the region needs to move toward a regionapl economicdevelopment approach, with strong centrao governance. Proponents say the model woulsd make the Dayton region more attractive to outside investment as well asretainb business, a major issue in the wake of the loss of Dayton’sz last Fortune 500 headquarters, also president of in Cincinnati and Dayton, said the region’e economic development structure is fundamentally broken.
Foley callee for the formation ofa public-privatwe organization to become a “center of power to shepherde us down the regional path.” Hoaglandd said for any regional governance or economic developmentt model to work, all Dayton-area including Greene and Clark, would have to be Hoagland said suburban communities would be supportivw of a regional model if they could stilol maintain their identities. Hamilto n County commissioners and some members are seekinf feedback as they begin preparing fornext year’a budgets.
Now would be the time for any such merger of governmentd to be studied as a possible solution to offsettinyg the substantial service and job cuts that are likelyh to happen asour region’ws economy plods through a slow and uneven recovery. I’ve said my Now it’s your turn. Daytoh officials are talking about agovernment merger. Cincinnatiu and Hamilton County should consider asimilar