Category: fbrvuaii

Rabina files plans for 70-story tower at beleaguered Fifth Ave site

first_imgShare on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink Email Address* Message* Full Name* TagsDevelopmentMidtownReal Estate Finance Mickey Rabina and 520 Fifth Ave. (Rabina, Ceruzzi Properties)A troubled Midtown development project is finally gaining some momentum.Rabina Properties plans to build a 452,134-square-foot, mixed-use building at 520 Fifth Avenue in Midtown, according to records filed with the city’s Department of Buildings this week.Plans for the 70-story building at the corner of East 43rd Street include 98 residential units across 16 floors, along with 15 stories dedicated to office space and several floors of amenities, including a solarium and private dining. KPF is listed as the architect of record.Notably absent from the filing is a hotel and retail space, which were included in previous plans for the project. Rabina did not return a request for comment.The new filing follows several rocky years for the development.Rabina joined the development team, a joint venture with Ceruzzi Properties and SMI USA, in 2019. The firm brought in an equity contribution that helped wipe out roughly $232 million in debt that the partners had been unable to pay.The lender behind the debt, Mack Real Estate, was sued by Madison Equities’ Robert Gladstone in 2019 for allegedly backing out of a deal to sell Madison the defaulted debt and give it full control of the property. Gladstone’s firm had been in talks to join the development team in late 2018, but those negotiations fell through.Mack Real Estate considered its loan, made in June 2017, technically in default following the sudden death of Lou Ceruzzi in August of that year. Ceruzzi purchased the lot in 2015 for $275 million with partner SMI.Once Rabina joined the development team, Ceruzzi president Art Hooper told The Real Deal that the former would be “running this deal.”“We’ll be codeveloping the deal, but we’ll be in the back seat to Rabina,” Hooper said.Contact the authorlast_img read more

Los Angeles County, Loma Linda, and Malibu selected to receive SoCalGas Grants for climate adaptation and resiliency planning

first_imgSoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California Los Angeles county, Loma Linda, and Malibu selected to receive SoCalGas grants for climate adaptation and resiliency planning. (Credit: jpenrose from Pixabay.) SoCalGas today announced the City of Loma Linda, the City of Malibu and Los Angeles County each have been selected to receive $50,000 grants as part the utility’s Climate Adaptation and Resiliency Planning Grant program.  The grants will support local efforts to prepare for climate-change risks such as wildfires, drought, sea level rise, flooding, and other events.The winning applications were selected from across Southern and Central California by an advisory panel of planning and sustainability experts from the Los Angeles Regional Collaborative for Climate Action and Sustainability (LARC), Climate Resolve, and the American Planning Association-California Chapter (APA-California). Recipients were judged based on their proposal’s emphasis on: collaboration among various agencies; addressing vulnerabilities in disadvantaged communities; and benefits beyond resiliency, such as to public health, air quality, reductions in greenhouse gas emissions, and the economy.  The grant program is funded by SoCalGas shareholders and does not impact natural gas bills. Photos of the grant presentations are available here.“Collaboration between energy providers and local governments will be critical to fight climate change, prepare for its impacts, and to ensure that our collective planning efforts deliver diverse and affordable clean energy options for families and businesses,” said Sharon Tomkins, SoCalGas chief environmental officer and vice president of strategy and engagement.“Inclusive, community-centered planning practices are needed to develop climate adaptation strategies that work best for local residents,” said Bryn Lindblad, deputy director of Climate Resolve. “This year’s awardees really exemplify that collaborative spirit of co-creating solutions alongside their constituents. The projects also aim to enhance equity by prioritizing the needs of vulnerable populations.”“Cities and agencies across our region understand the immediacy of the need to plan their responses to climate change,” said Ashley Atkinson, Los Angeles section director for the American Planning Association. “The support of this program enables them to engage in necessary resilience planning and create stronger Southern California communities.”Los Angeles County will use its grant to prepare an Adaptive Capacity Assessment for disadvantaged communities in unincorporated Los Angeles County, which will inform and be incorporated into the County’s Safety Element Update.“This grant will support L.A. County’s efforts to help the unincorporated area communities adapt and develop resiliency in the face of climate change,” said Amy J. Bodek, AICP, Director of Regional Planning for Los Angeles County. “The County’s Department of Regional Planning will use the grant to prepare an Adaptive Capacity Assessment, which will create adaptation strategies for the 2,600 square miles of unincorporated Los Angeles County as well as for County department operations.”The City of Loma Linda will use its grant to update its local hazard mitigation plan as well as the Safety Element of its General Plan.  Both plans will look at ways to alter the built environment so that life and property losses from natural hazards can be avoided or reduced. The SoCalGas grant will also make the city eligible for federal hazard mitigation grants which require matching funds from local sources.“The City’s Hazard Mitigation Plan (HMP) includes a comprehensive assessment of the threats that Loma Linda faces from both natural and human-caused hazards, as well as a set of coordinated policy recommendations to reduce these threats,” said Shannon Kendall, emergency services coordinator, for the Loma Linda Fire Department and East Valley Fire Command. “The updated HMP will be incorporated into out city’s General Plan, which will create a stronger mechanism for implementing hazard mitigation activities.”Malibu will use its grant to create a comprehensive and actionable Community Resilience and Adaptation Plan that will be integrated into the Safety Element of the City’s General Plan.“The City of Malibu’s mountains-meet-the-sea landscape is especially vulnerable to extreme weather events and climate change,” said Shea Cunningham, Malibu’s environmental programs coordinator. “This grant award provides the City with a critical jumpstart to craft an actionable resilience and climate adaptation plan to help protect the community.”“The City Council recognizes we are in a state of climate emergency, and we must take positive steps toward reducing the impacts of climate change on the City of Malibu’s population and infrastructure.  We sincerely appreciate the support of SoCalGas to create a comprehensive plan to become a more resilient community,” said City of Malibu Mayor Karen Farrer.A study on the impacts of four climate-related disasters on the energy sector found that natural gas infrastructure exhibited significant resilience because it is underground.  In addition, the study showed that backup generation powered by natural gas pipelines can provide on-site electricity generation for hospitals, relief centers and other critical facilities during a disaster. A summary of its findings may be found here.SoCalGas is a leader in developing and investing in technologies that reduce greenhouse gas emissions linked to climate change. The company has been working to increase the amount of renewable natural gas (RNG) produced in California, and has committed to replacing 20 percent of its traditional natural gas supply with RNG by 2030. Renewable natural gas is made from methane emissions captured from landfills, wastewater treatment plants, dairies and other waste sources. It can be used in any way traditionally-sourced natural gas is used. SoCalGas is also promoting the development of technology that stores surplus renewable energy in the form of renewable gas. This “power-to-gas” technology uses existing infrastructure to store renewable energy and can store it for months or longer. Source: Company Press Releaselast_img read more

Rogue agent: Ombudsman bans firm for 10 years over unpaid £181,000 award

first_imgIn a shocking case of a rogue agent, a firm in Luton has been banned from The Property Ombudsman for ten years after failing to pay an award of £181,254 after it was found to have ‘deliberately’ not passed on substantial amounts of money to a landlord.Altavon Property Managemnet Ltd (APM), which was dissolved late last year but had been trading for three-and-a-half years prior to the award, was asked by a local landlord to manage 31 properties on their behalf based on a two-tier agreement.The landlord rented the properties to APM in return for a fixed return over a set period, leaving APM to manage and rent the properties to whoever they saw fit.By December 2016 APM was behind in rent payments to the tune of £57,000 and continued to miss payments, eventually leading the landlord to complain to TPO.Rogue agentAfter finding in the landlord’s favour, a large award was then agreed, based on the monies owed plus £200 for each missed payment and compensation for aggravation, distress and inconvenience.But APM failed to pay the award and, after being referred to its Disciplinary & Standards Committee, has now been expelled from TPO for ten years.“I considered that APM failed to demonstrate that they kept rental money received in a separate client account and failed to forward on that rent,” says ombudsman Katrine Sporle (pictured, left).“In view of the circumstances relating to these complaints, it is difficult to see how this was not a deliberate act on behalf of APM which, as well as leaving the complainant substantially out of pocket, seems highly likely to have involved taking significantly more from the sub-tenants in the form of rent and deposits.”Gerry Fitzjohn, Chairman of TPO’s Board, said: “Although rare, this was a particularly extreme case of rogue behaviour which resulted in a significant amount of money being owed. This firm will no longer be able to trade as a result of this expulsion and we urge any consumers that suspect the firm is trading to contact Trading Standards who have already been notified of these cases.”Another local firm called Altavon Luton Ltd based on George Street, is not connected to APM.Katrine Sporle Luton ombudsman altavon property management The Property Ombudsman TPO January 11, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Rogue agent: Ombudsman bans firm for 10 years over unpaid £181,000 award previous nextRegulation & LawRogue agent: Ombudsman bans firm for 10 years over unpaid £181,000 awardLuton agency which the The Property Ombudsman says ‘deliberately’ failed to pass on huge sums, was dissolved in December.Nigel Lewis11th January 201801,222 Viewslast_img read more

Housing Secretary says he’ll have ‘no ugly homes built in the UK’

first_imgAt the Conservative Conference, the Housing Secretary of State, Robert Jenrick, said that ugly homes have no place in his future vision for UK housing.“The government is committed to building the homes this country needs, but it is not all about bricks, mortar and numbers. Too often, new developments come at the expense of beauty, quality and design. This shouldn’t be the case and the Conservatives are determined to deliver homes that families and communities are proud to call their own,” he said.Which is marvellous, if a little blue-sky. There are many types of houses; cosy cottages, grand architecture, easy-to-run bungalows, concrete blocks, glittering waterside apartments, seashore cabins… all of which offer something unique, style and choice. In new build, too often, the typical estate home boasts few of these attributes. And there are other negatives.FJP Investment researched 1,000 UK homebuyers’ views and property investors found:50% feel the UK’s new-builds are typically unattractive63% consider them “devoid of character”67% believe too many newbuilds are unaffordable57% think they are located in inconvenient locations48% worry the infrastructure is poorProspective buyers don’t buy new-build homes because they are “unattractive or devoid of character and expensive, saying they feel developments are often aimed at the top end of the market.However, there is interest in new-builds – 78% of respondents viewed one or more new-builds when house hunting.Jamie Johnson (left), CEO of FJP Investment, said, “There can be no denying the huge need for millions of new houses to be built across the UK. However, our research shows that we cannot fall into the trap of simply constructing properties of a poor quality, in undesirable locations or without also investing in local infrastructure.“Homebuyers are clearly keen to consider new-builds for their next purchase, but only if we can ensure the houses and flats are finished to a very high standard. Developers must focus on ways to inject character into projects, ensuring they feel less like a generic show home and more like a place that people will really want to live.” FJP Investment Jamie Johnson Housing Secretary of State Conservative Conference 2019 Robert Jenrick October 3, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Housing Market » Housing Secretary says he’ll have ‘no ugly homes built in the UK’ previous nextHousing MarketHousing Secretary says he’ll have ‘no ugly homes built in the UK’“We’re determined to deliver homes that families are proud to call their own” says Robert Jenrick.Sheila Manchester3rd October 201901,443 Viewslast_img read more

18 year-old South Bend man charged with two shootings

first_img Twitter 18 year-old South Bend man charged with two shootings WhatsApp Facebook Pinterest Pinterest IndianaLocalNewsSouth Bend Market Twitter Facebook Google+ (SJC Prosecutor) The St. Joseph County Prosecutor has formally charged an 18 year-old in connection with two shootings.18 year-old Jalen Bonner faces two counts of Attempted Murder, Battery with a Deadly Weapon, gang enhancements, weapon and drug charges, and more.He was arrested on September 18 near Washington High School on a warrant and without incident. A stolen handgun and marijuana were found on him when he was taken into custody.Bonner is believed to be connected with a shooting on July 12 on S. High Street, and another on July 26 on W. Washington Street. Google+ WhatsApp By Tommie Lee – September 25, 2020 2 444 Previous articleGood news on COVID-19 front in Elkhart CountyNext articleBBB: How to tell fake shopping websites from real websites Tommie Leelast_img read more

Press release: Bluetongue virus detected and dealt with in cattle in Yorkshire

first_img Discuss their needs with a private veterinary surgeon and carefully consider the risks and the health status of animals before deciding to import stock from regions affected by Bluetongue virus Carefully consider what additional guarantees the seller can provide as to the animal’s vaccination status before purchasing (for example – by requesting that a pre-export test is carried out to prove immunity to BTV) Ensure that imported animals are accompanied by the relevant paperwork to show they meet certain conditions designed to reduce disease risk, such as correct vaccination Prevent the disease spreading by practising good biosecurity on the farm premises Stay alert to any signs of the disease, such as mouth ulcers and drooling from the mouth and nose, and report to APHA if necessary. All cattle and sheep farmers are reminded to: The UK’s Chief Veterinary Officer has urged farmers to increase their vigilance for Bluetongue virus after the disease was picked up and dealt with in three consignments of cattle imported from France.Two consignments were brought to two separate premises in Yorkshire, where the Animal and Plant Health Agency (APHA) and the Pirbright Institute identified the disease as a part of routine post-import testing.All infected cattle, plus one other animal which travelled in the same vehicle and was found to be susceptible to infection, will be humanely culled.The third consignment was taken to a premises in Northern Ireland where the disease was detected by the Department of Agriculture, Environment and Rural Affairs (DAERA).Bluetongue does not affect people or food safety, but outbreaks of the virus can result in restrictions on livestock movement and trade. The virus is transmitted by midge bites and affects cattle, goats, sheep and other camelids such as llamas. It can reduce milk yield and cause infertility and in the most severe cases is fatal for infected animals.Action is being taken to ensure the risk of spread of the disease is reduced, with movement restrictions already in place at the affected premises.The UK Chief Veterinary Officer, Christine Middlemiss, said: Importers should be aware that all cattle and sheep arriving in the UK from countries where Bluetongue is known to be circulating will be restricted until post-import testing is carried out and the animals are confirmed as compliant. Any animals which are infected with Bluetongue will be culled and no compensation will be paid. Any animals in the consignment which are at risk of becoming infected may also be culled.In addition, all other susceptible animals on the premises will be placed under movement restrictions until we can confirm that the disease has not spread.Last month a number of organisations across the livestock sector encouraged farmers to think carefully about importing animals from areas that are known to be infected with Bluetongue virus.Following the interception of these consignments, the UK remains officially Bluetongue-free, the risk of the disease remains low and exports are not affected. Farmers must be aware of the risks of bringing animals from disease-affected areas into their flocks and herds. It is vitally important that we keep this disease out. This detection is a further example of our robust disease surveillance measures in action, but I urge farmers to remain vigilant. They need to work with importers to make sure effective vaccination needs are complied with and that all animals are sourced responsibly.last_img read more

Panelists debate corporate taxation

first_imgThree Notre Dame professors debated the limits of corporations’ responsibility to pay taxes Wednesday night in the Jordan Auditorium of the Mendoza College of Business in a panel discussion titled, “Greed and Taxes in Business,” the third part of the Berges Lecture Series on Ethics. Professor Joseph Holt, Professor Brian Levey, and Professor Kenneth Milani, all faculty of the Mendoza College of Business, examined the issue from different perspectives.  Levey, a business law professor, spoke first from a largely legal perspective and argued that corporations should pay as little taxes as they can. “It is the duty of a director of a corporation to promote value of the corporation and, to do so, pay as low taxes required,” Levey said. “If I were still in practice, I would still not advise my client to pay more in taxes than they are legally required.”  Deficits are the fault of the government, Levey said, citing that the 2011 tax code was 72,530 pages and that America’s inordinately high tax rate is 35 percent compared to the world average of 14 percent. Milani called upon his experience as an accountant to describe the tax situation for businesses.  “Taxes are [the] third or fourth largest expenditure of business after wages, salaries, materials and advertising,” Milani said. “But here’s the rest of the story … they are telling you half-truths … It is true that the corporate tax rate is 35 percent but no country hands out credits like we do … The key is effective tax rate, which is 12 percent. “And it makes my blood boil when [people representing corporations] go on talk radio and throw that number a lot.” Holt addressed corporations’ taxes from a moral standpoint.  “Look to the principle maximum … Society runs off of business and business runs off of society and business cannot succeed where society is failing,” he said. “… There is a difference from not being in trouble and being exemplary.” The next lecture in the series will take place Sept. 30. The topic of the next lecture will be “Long Term Principles in a Short Term World,” given by John Donovan, senior executive vice president of AT&T Technology and Network Operations.last_img read more

BB gun safety

first_imgBy Sharon DowdyUniversity of GeorgiaIn the movie “A Christmas Story,” Ralphie Parker wants only one thing for Christmas: a Red Ryder BB gun. He gets it, too. If your child is as determined as Ralphie, make sure he’s armed with the proper safety training, says a Georgia 4-H target sports safety expert.“As parents, we would never send our kids out to play in a little league football game without the proper protective equipment,” said Mark Zeigler, the Georgia 4-H Shooting Awareness, Fun and Education program coordinator. “Target sports also require the proper protective gear, and the most important part of that gear is sound safety education.”Training thousands The SAFE program’s certified coaches, who are trained in shooting education and youth development, teach more than 3,500 students in the program across the state.Although he didn’t have a BB gun has a child, Zeigler doesn’t discourage parents from buying one for their child. “It can be an appropriate Christmas gift when used under the supervision of an adult and if the child is taught basic firearm safety,” he said. “It’s paramount that children are properly educated first. I just can’t stress that enough.”Improves concentrationIn the area of target sports, Georgia 4-H aims to “help young people interested in shooting sports learn to safely and responsibly enjoy the sport,” Zeigler said. “We promote the highest standards of safety, sportsmanship and ethical behavior.”The SAFE program helps teach safety, but Zeigler says the most important thing students learn has nothing to do with sports.“Studies have shown that participating in shooting sports helps kids improve their concentration levels and their grades,” he said. “And it’s the lowest-injury-rate sport. In 4-H, we teach firearms safety mirrored with youth development standards and principles.” 4-H’ers use Daisy 499 modelIn the 1983 movie, Ralphie wants “an official Red Ryder, carbine action, 200-shot, Range Model air rifle with a compass on the stock and this thing which tells time.” In the real world, Georgia 4-H’ers are taught to shoot the Daisy 499 model. It can’t be bought in stores and is specifically designed for shooters who compete in international BB championship matches.Zeigler doesn’t allow his four-year-old son to have toy guns. “We have the Real McCoy at our house. I don’t want to confuse him,” he said. “When he’s old enough, he’ll probably have a competition-based BB gun.”He also personally doesn’t support paintball or laser tag. “With these activities, you’re being taught to point something that resembles a firearm at someone else,” he said. “I just can’t support that.”National title holdersLike most 4-H activities, target sports offer students a chance to compete on the regional, state and national levels. “Although competition isn’t the goal of the program, when used correctly, competition can help young people develop life skills and positive habits they can carry through life,” Zeigler said.Georgia 4-H teams currently hold the national titles in archery and National Rifle Association Junior Air Rifle. Georgia 4-H’ers have also used the skills they learned in the SAFE Program to participate in the Summer Olympics, serve in the Army Marksmanship Program and win college scholarships, he said.The Georgia 4-H SAFE program is open to fifth- through eighth-grade students for BB and through high school for other shooting sports like archery.Training essentialIn addition to Georgia 4-H, safety training is available through Boy Scouts, Ducks Unlimited, NRA, Department of Natural Resources and National Wild Turkey Federation, Zeigler said.For more information on the SAFE program, contact your local University of Georgia Cooperative Extension office at 1-800-ASK-UGA1.last_img read more

From bears to bikes, Terry Bicycles’ CEO Liz Robert rides to market

first_imgTerry Bicycles’ CEO, Liz Robert (formerly CEO of The Vermont Teddy Bear Company) is trading in her business suit for bike shorts and turning into a new kind of traveling sales rep. Robert is loading her backpack with samples and sales catalogs and riding from bike shop to bike shop in metro locations around the country to meet shop owners and managers and learn about their business, and to introduce them to the Terry line of cycling gear. All the while, she is testing Google’s beta Bike Maps and the developing bike infrastructure of our cities and towns. Robert (pronounced ro-BEAR) recently pedaled through San Diego and neighboring coastal towns, and along the Rail Trail of Westchester County, NY. Her next bike tour is set for the Greater Boston area on Thursday, August 11 and Friday, August 12. She plans to ride from Natick to Cambridge and then along the Northshore from Marblehead to Manchester visiting independent bicycle dealers. ‘My goal is to get out and really learn this market,’ says Robert. ‘After years at Vermont Teddy Bear capitalizing on mass marketing mediums such as radio, print, TV and catalog, I recognize that grass roots marketing is the marketing method of our time. Whether selling direct to consumers or to other retailers, you’ve got to get in there and talk to the people buying. When the owner of the Company shows up on her bicycle, the shop owners take me seriously. They give me the straight scoop about the challenges and opportunities in this market.’ During her 11 years as CEO of Vermont Teddy Bear (VTB), Robert developed the small Vermont based business into a nationally recognized brand. Sales grew from $16 million to nearly $75 million in sales in 2008 as she added PajamaGram and Calyx Flowers to the Company’s portfolio of personalized gift products. After leaving VTB in 2008, Robert acquired Terry Bicycles and moved it from Rochester, NY to Burlington, Vermont in 2009. Terry Bicycles is the Original Women’s Bicycling Company, founded in 1985 by Georgena Terry who pioneered women’s specific bike design with geometry proportioned to a woman’s anatomy. Georgena further revolutionized the cycling industry with the Terry saddle, the original bicycle seat with a cutaway, dramatically improving comfort for women first, then for all riders. Today, Terry is the one-stop-shop for all of a female cyclist needs and the only brand dedicated solely to women’s cycling. The Terry apparel line includes a full selection of bright, colorful prints and patterns that complement the high-performance fabrics and precise fit of all Terry jerseys and cycling bottoms. From serious gear to recreational pieces, Terry positions itself as a brand for enthusiasts, where technical performance and feminine style ride in tandem. Terry distributes its cycling products nationally via catalog and web, and through a channel of retailers including REI and independent bicycle dealers. BURLINGTON: VT (August 4, 2011) Terry Bicycles can be found online at www.TerryBicycles.com(link is external).last_img read more

Jones Lang LaSalle top brass is back in big bucks

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img