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The Kensington Towers, located just off of N. Fillmoree Avenue, are being razed as a preludw to the construction of the HeritageHeights project, a continuing-care retirement community that will target low-to-moderate income, inner-cith residents. Heritage Heights is being jointlyg developedby , and Centerstone Development. The Kensington Towera have been vacant since the 1970 s and were abandoned adecade later. The six each seven stories tall, are considered an “These ugly towers have been standint vacant for30 years,” said Assemblywoman Crystal D-Buffalo.
Peoples lobbied her Assembly constituents, including Speaker Sheldon Silver, D-Manhattan, for the $5 milliohn needed to demolish the buildings. It took Peoplese two years to securethe funding. “Somw things get done by beinv persistent,” she said. Silver, who attended Tuesday’s called the demolition “an important step in the right “We can’t give up on our cities,” he Heritage Heights will includea 192-unit senior apartment building, a two-story, 156-unit assisted livinyg apartment building and a 320-bes skilled nursing facility. It will take at leastr one year to complete the demolition includinhg removing asbestos forthe towers.
The buildingsa are due to openby 2011. “The towers were a symbol of the urban declinwe in the City of Buffalo for the past30 years,” said Mayo r Byron Brown. “Heritage Heights is symbopl of the continuing progressd and growth in the Cityof Buffalo. This will literallyt transform this sectionof Buffalo.”
viernes, 10 de agosto de 2012
miércoles, 8 de agosto de 2012
Five Guys plans to raise $15M - Tampa Bay Business Journal:
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Lorton-based which awards franchise righte to locations of theburger joint, has filed a Notic of Exempt Offering of Securities. The company is privately Five Guys has recently enjoyed attention from both President Baracik Obama and First LadyMichellre Obama, who separately made high-profile visits The president's sojourn was captured on camera by NBC, which was following him around for a profile piece. The documentr does not specify why the money isbeiny raised. According to the filing, Five Guys has alreadyy raised $10 million of the $15 millioj it is trying to raise.
Named in the documenf are Victor and Jane both executive officers and directorz forthe company, as well as directors Jamesd Murrell, John Kim and H. Scotrt Miller. Spokeswoman Molly Catalano said she did not have specificx details on how the capital wouldbe used, but said that it was for the company'sd general business operations. The filinf says the offering is not being made in connection with a acqiusition orexchange offer. The company’d creator, Jerry Murrell, opened the first Five Guys asa carry-out operatiohn in 1986, in a shopping center on Glebr Road in Arlington. After openinv five corporate locations inthe D.C. the company decided to franchisein 2002.
The fast-casual burger conceprt now has more than 300 locations in25 states, includin g more than 50 in the D.C. area.
Lorton-based which awards franchise righte to locations of theburger joint, has filed a Notic of Exempt Offering of Securities. The company is privately Five Guys has recently enjoyed attention from both President Baracik Obama and First LadyMichellre Obama, who separately made high-profile visits The president's sojourn was captured on camera by NBC, which was following him around for a profile piece. The documentr does not specify why the money isbeiny raised. According to the filing, Five Guys has alreadyy raised $10 million of the $15 millioj it is trying to raise.
Named in the documenf are Victor and Jane both executive officers and directorz forthe company, as well as directors Jamesd Murrell, John Kim and H. Scotrt Miller. Spokeswoman Molly Catalano said she did not have specificx details on how the capital wouldbe used, but said that it was for the company'sd general business operations. The filinf says the offering is not being made in connection with a acqiusition orexchange offer. The company’d creator, Jerry Murrell, opened the first Five Guys asa carry-out operatiohn in 1986, in a shopping center on Glebr Road in Arlington. After openinv five corporate locations inthe D.C. the company decided to franchisein 2002.
The fast-casual burger conceprt now has more than 300 locations in25 states, includin g more than 50 in the D.C. area.
martes, 7 de agosto de 2012
lunes, 6 de agosto de 2012
Kosar files for bankruptcy protection - South Florida Business Journal:
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Kosar, who lives in the Fort Lauderdales suburbof Weston, listed assets of $1 millionm to $10 million and liabilities of $10 millionn to $50 million in the filing in Miami. His bankruptch isn't a total surprise. The Southb Florida Business Journal reported Kosar has seen some of his real estated and restaurant investments flounder during the had three of top five positiones on a list of unsecuref lendersin Kosar's bankruptcy Florida Bank's claims totaled $9.6 In May, Kosar and his Boardwali LLC lost a $2.9 million foreclosure judgment on a 36-unitg apartment building to Florida Bank in Pinellas County Circuit Court. In April, Kosar and his Oakmont LLC losta $3.
3 milliob foreclosure judgment to Florida Bank in Hillsborough Countyh Circuit County over a Tampa apartmenrt building. The bank also had a foreclosure lawsuit pending in Pinellase County against Kosar and hisPCV LLC. A $3.1 million personapl guaranty to $3.04 million to his ex-wifer Babette J. Kosar $725,000 in a disputed loan involving attorney Jim Ferraro of CoralGables $1.4 million total on three claims involving the Browns $231,094 to the Many South Florida and Cleveland sports fans remember Kosar for his stellar success on the He led UM to its first footbalk national championship in 1984, then playeds 12 seasons in the NFL, mostly with the Cleveland Kosar, now 45, played his final seasonh with the in 1996.
The UM truster is a minority owner of boththe NHL’s and the Clevelans Gladiators, an Arena Football League team that sat out the past seasonn along with the rest of the The (Cleveland) Plain Dealer reported that the Gladiators lost $2 million to $2.5 millioh in the inaugural 2008 season, during which Kosard was team president and guidefd the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s , a sister-publication, has reported.
Berniwe Kosar’s Steakhouse was evicted from its South Miami space in Kosar also faces significanrttax problems, including $59,881 in unpaid property taxez on his Weston home and a combiner $93,647 in federal tax liens against him over his personalk income taxes, including some yearx filed jointly with ex-wife, the Business Journal reported in May. Kosar did fully pay a separate $228,806 federal tax lien placed on him inJuly 2008. When The Plaih Dealer questioned Kosar about those previously unpaid taxewsin August, Kosar said some bills were lost in the shuffl during his divorce.
“Divorce is difficult enoug h asit is, especially for someone who wasn’t reallyt looking to do that,” he told the “So, who owes what and all of that becomesz hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddoco Road, is listed online at Realtor.coj at $3.5 million. It was purchased for almostr the same amountin 2006. The 9,901-square-foot built in 1997, sits on 1.09 acrezs and has seven bedroomsand 7.5 baths. It's located at the end of a cul-de-saxc on the water in Weston's Windmalp Ranch Estate area, a golfing community that has also been home to forme Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardenx is listed in the bankruptcy petitionas Kosar'x attorney.
Kosar, who lives in the Fort Lauderdales suburbof Weston, listed assets of $1 millionm to $10 million and liabilities of $10 millionn to $50 million in the filing in Miami. His bankruptch isn't a total surprise. The Southb Florida Business Journal reported Kosar has seen some of his real estated and restaurant investments flounder during the had three of top five positiones on a list of unsecuref lendersin Kosar's bankruptcy Florida Bank's claims totaled $9.6 In May, Kosar and his Boardwali LLC lost a $2.9 million foreclosure judgment on a 36-unitg apartment building to Florida Bank in Pinellas County Circuit Court. In April, Kosar and his Oakmont LLC losta $3.
3 milliob foreclosure judgment to Florida Bank in Hillsborough Countyh Circuit County over a Tampa apartmenrt building. The bank also had a foreclosure lawsuit pending in Pinellase County against Kosar and hisPCV LLC. A $3.1 million personapl guaranty to $3.04 million to his ex-wifer Babette J. Kosar $725,000 in a disputed loan involving attorney Jim Ferraro of CoralGables $1.4 million total on three claims involving the Browns $231,094 to the Many South Florida and Cleveland sports fans remember Kosar for his stellar success on the He led UM to its first footbalk national championship in 1984, then playeds 12 seasons in the NFL, mostly with the Cleveland Kosar, now 45, played his final seasonh with the in 1996.
The UM truster is a minority owner of boththe NHL’s and the Clevelans Gladiators, an Arena Football League team that sat out the past seasonn along with the rest of the The (Cleveland) Plain Dealer reported that the Gladiators lost $2 million to $2.5 millioh in the inaugural 2008 season, during which Kosard was team president and guidefd the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s , a sister-publication, has reported.
Berniwe Kosar’s Steakhouse was evicted from its South Miami space in Kosar also faces significanrttax problems, including $59,881 in unpaid property taxez on his Weston home and a combiner $93,647 in federal tax liens against him over his personalk income taxes, including some yearx filed jointly with ex-wife, the Business Journal reported in May. Kosar did fully pay a separate $228,806 federal tax lien placed on him inJuly 2008. When The Plaih Dealer questioned Kosar about those previously unpaid taxewsin August, Kosar said some bills were lost in the shuffl during his divorce.
“Divorce is difficult enoug h asit is, especially for someone who wasn’t reallyt looking to do that,” he told the “So, who owes what and all of that becomesz hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddoco Road, is listed online at Realtor.coj at $3.5 million. It was purchased for almostr the same amountin 2006. The 9,901-square-foot built in 1997, sits on 1.09 acrezs and has seven bedroomsand 7.5 baths. It's located at the end of a cul-de-saxc on the water in Weston's Windmalp Ranch Estate area, a golfing community that has also been home to forme Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardenx is listed in the bankruptcy petitionas Kosar'x attorney.
sábado, 4 de agosto de 2012
FAR: Florida home sales up again - Pacific Business News (Honolulu):
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Even better news: The statewide median sales priced in May for existing homes and condos rose over theprevioux month, according to the . "Ever sinc March we have seen a pretth dramatic increase in the numbeerof buyers," said Bill Richardson, districtg sales manager for in Boca Raton. "W e have also seen a slight uptick inmedian pricing," he In South Florida, Miamk led the pack in volume with a 76 percent increased in the sale of existin single-family homes. That translates to 597 homees soldin May, compared to 339 in the previous same-yearr period. In Miami, the median pricw for an existing single-family home fell 36 percenty to $194,700 in May from $329,900 a year ago.
The good news is that the median pricerose $17,700 from April, when it was Miami also led in condo sales, whicgh were up 36 percent to 571 units from 420 a year ago. The media n price, however, was cut in half to $140,400 from $280,70 0 a year ago. it was up $6,900 from April, when the median price was $133,500. Existing home sales in Fort Lauderdaler rose 47 percent to 780in May, comparedf to 530 homes sold during the same time a year ago. But the media n price fell 36 percentto $190,00o0 from $296,800. And, it was down slightlgy from April's median price of $191,300. Condo saled in Fort Lauderdale were up 25 percentf to 799 unitslast month, up from 639 a year ago.
The mediam price fell 42 percenrtto $80,400 from $138,900, but was up slightlyh from April's median price of $79,900. Existing home sales in West Palm Beach inche up 5 percent to 737 from 702 ayear ago. The mediahn price of a single-familyt home fell 30 percent to $232,9009 from $330,900, and was down slightly from April' median price of $234,400. Existinv condo sales in West Palm Beach rose just 3 percent to 676 from 655 unites ayear ago. The median price of an existing condop fell 33 percentto $107,500 from but was up $9,300 from April's medianm price of $98,200.
Richardson said the housing inventory in Palm Beacy County has fallen to around 11 or 12 months from a high in December 2007 of aboutt55 months. The question Richardson hears from most buyers is when will wehit bottom? "u think we are at the bottom. Do I think the botto will rise dramatically? I think we will rumblre along the bottom fora while," he The one "fly in the ointment" is the backlog in the distressedr property market, noted Richardson. Real estate analyst Jack McCabe agreed. "Thd biggest wave of foreclosures is yetto come," he Add to that the fact that statewidwe unemployment has risen to 10.
2 and McCabe foresees even more foreclosure filings down the Statewide, existing home sales rose 16 percentt in May with a total of 13,921 homese sold, up from 12,044 homes in the same periocd a year ago. May existiny home sales were up 6.2 percent over April’sx statewide activity, according to FAR. Statewide, pricee for existing single-family homes rose in May to $144,400 from $138,500 in April. Condo sales were up 21 percent in May comparesd to the same time ayear ago, and 3.8 perceny compared to April. Statewid prices for existing condoswere $113,400 in May, up from $106,6090 in April.
"The improving sales of existing single-family homes and condos is a trend we have been seeing for several months inFloridza – what is new in this month'sd data release is that we are seeiny evidence of prices beginning to firm," Sean director for the 's Institute for Economi Competitiveness, said in a news release. The median sales price for existing homes last monthwas $144,400, down 29 percent from a year ago when it was However, the statewide median price for existinhg homes in May was higher than the median pricde reported in each of the previoues four months.
Year-over-year condoo sales were up 21 percentto 4,839 unit s in May, compared to 3,999 units in May 2008. The statewide existingg condo median sales price last month was down 38 percent from a year ago when itwas
Even better news: The statewide median sales priced in May for existing homes and condos rose over theprevioux month, according to the . "Ever sinc March we have seen a pretth dramatic increase in the numbeerof buyers," said Bill Richardson, districtg sales manager for in Boca Raton. "W e have also seen a slight uptick inmedian pricing," he In South Florida, Miamk led the pack in volume with a 76 percent increased in the sale of existin single-family homes. That translates to 597 homees soldin May, compared to 339 in the previous same-yearr period. In Miami, the median pricw for an existing single-family home fell 36 percenty to $194,700 in May from $329,900 a year ago.
The good news is that the median pricerose $17,700 from April, when it was Miami also led in condo sales, whicgh were up 36 percent to 571 units from 420 a year ago. The media n price, however, was cut in half to $140,400 from $280,70 0 a year ago. it was up $6,900 from April, when the median price was $133,500. Existing home sales in Fort Lauderdaler rose 47 percent to 780in May, comparedf to 530 homes sold during the same time a year ago. But the media n price fell 36 percentto $190,00o0 from $296,800. And, it was down slightlgy from April's median price of $191,300. Condo saled in Fort Lauderdale were up 25 percentf to 799 unitslast month, up from 639 a year ago.
The mediam price fell 42 percenrtto $80,400 from $138,900, but was up slightlyh from April's median price of $79,900. Existing home sales in West Palm Beach inche up 5 percent to 737 from 702 ayear ago. The mediahn price of a single-familyt home fell 30 percent to $232,9009 from $330,900, and was down slightly from April' median price of $234,400. Existinv condo sales in West Palm Beach rose just 3 percent to 676 from 655 unites ayear ago. The median price of an existing condop fell 33 percentto $107,500 from but was up $9,300 from April's medianm price of $98,200.
Richardson said the housing inventory in Palm Beacy County has fallen to around 11 or 12 months from a high in December 2007 of aboutt55 months. The question Richardson hears from most buyers is when will wehit bottom? "u think we are at the bottom. Do I think the botto will rise dramatically? I think we will rumblre along the bottom fora while," he The one "fly in the ointment" is the backlog in the distressedr property market, noted Richardson. Real estate analyst Jack McCabe agreed. "Thd biggest wave of foreclosures is yetto come," he Add to that the fact that statewidwe unemployment has risen to 10.
2 and McCabe foresees even more foreclosure filings down the Statewide, existing home sales rose 16 percentt in May with a total of 13,921 homese sold, up from 12,044 homes in the same periocd a year ago. May existiny home sales were up 6.2 percent over April’sx statewide activity, according to FAR. Statewide, pricee for existing single-family homes rose in May to $144,400 from $138,500 in April. Condo sales were up 21 percent in May comparesd to the same time ayear ago, and 3.8 perceny compared to April. Statewid prices for existing condoswere $113,400 in May, up from $106,6090 in April.
"The improving sales of existing single-family homes and condos is a trend we have been seeing for several months inFloridza – what is new in this month'sd data release is that we are seeiny evidence of prices beginning to firm," Sean director for the 's Institute for Economi Competitiveness, said in a news release. The median sales price for existing homes last monthwas $144,400, down 29 percent from a year ago when it was However, the statewide median price for existinhg homes in May was higher than the median pricde reported in each of the previoues four months.
Year-over-year condoo sales were up 21 percentto 4,839 unit s in May, compared to 3,999 units in May 2008. The statewide existingg condo median sales price last month was down 38 percent from a year ago when itwas
viernes, 3 de agosto de 2012
miércoles, 1 de agosto de 2012
Ricky Gervais Announces 'Learn English,' Web Series with Karl Pilkington - Screen Rant
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Screen Rant | Ricky Gervais Announces 'Learn English,' Web Series with Karl Pilkington Screen Rant Remember that The Ricky Gervais Show started as a comedy podcast and then became the HBO animated series (which just concluded its third and final season last month); however, this new series, titled Learn English with Ricky Gervais, comes packaged ... Ricky Gervais Unveils 'Learn English' Trailer Preview (Video) Ricky Gervais Joins the Web Series Wave with 'Learn English' WATCH: Someone's Missing From Ricky Gervais' New Web Series Promo |
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