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released a study , saying Florida’s clean energy economy grew 7.9 percentt between 1998 and 2007, and the statd was among the top 10 for green jobsin “The numbers are impressive,” U.S. Rep. Kathyh Castor, D-Tampa Bay, said during a teleconference Monday “This is going to be the way we rebuild our economu in the stateof Florida.” John DiBella, Director of Businessw Alliances for in Fort Lauderdale, is among those growinb green jobs in South DiBella said he has six employees now and plan s to triple that number this DiBella is pioneering a new technology that uses centrifugall force to separate water from According to him, it is “a more efficient and cost-effectiv e way” of purifying wastewater.
“It’s quited vast, the demand that’ coming to us, and we’rs excited about the future,” DiBella said. His customerw include manufacturers, oil companies, wastewater treatment facilities andfarm interests. Lori interim deputy director of the Pew Center on the said Florida only lags significantly behind othert states on certain public policy For example, she pointed to the state’sw failure to embrace Gov. Charlie Crist’s proposesd renewable energy portfolio standard, which would require a certaim portion of state energy to be produced from renewabled resources such assolar power.
Twenty-nine othe r states already have such a standard in Grange said the state also has yet to participate in a regional carbon and climate change although it is developing its owncarbomn cap-and-trade program. Victor Eyal, president of in Altamonte Springs, said his solard technology distribution company has 40 employeez at its headquarters and hundreds of employeee inits network. He said Florida has good incentivedin place, but needs to fund them He pointed to recent shortages in funding for the state’sz solar rebate programs.
DiBella said incentives for green technology mustbe “What’s important is to keep the flow of monies and incentivex coming, so that young companies can develop new technologiese that could be the next leaders in the DiBella said. • Jobs (2007): 31,122 Businesses (2007): 3,831 Venture capital funds (2006-2008): $116,980,00 6 The study found that the Sunshine State was amon the top 10 for jobsin America’xs clean energy in 2007, with more than 30,000, and it attractedd nearly $117 million in venturre capital in the past three half of which has supported cleanj energy generation.
Grange said the job growth is likely to have suffered since 2007 due tothe recession, but the federal stimulus programn and continued private investment is limitin job losses in the green sector. Nationwide, jobs in the cleab energy economy grewby 9.1 percent, while tota l jobs grew by just 3.7 percenrt between 1998 and 2007, accordinf to the report, titled “The Cleajn Energy Economy: Repowering Jobs, Businessez and Investments Across America.” Pew’s definitiob of green jobs includes engineers, plumbers, administratived assistants, construction workers, machind setters, marketing consultants, teachers and many others with annual incomees ranging from $21,000 to $111,000.
Tuesday, November 15, 2011
Sunday, November 13, 2011
Minister's request to CITU to call off strike - IBNLive.com
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Minister's request to CITU to call off strike IBNLive.com PTI | 07:11 PM,Nov 13,2011 Thiruvananthapuram, Nov 13 (PTI) Transport Minister VS Sivakumar today requested the Kerala State Road Transport Association affiliated with the CITU to withdraw from the strike call from November 15 to 16, considering the ... |
Friday, November 11, 2011
Kendall
ramsburgsyuheo1544.blogspot.com
million foreclosure lawsuit against the developedr of theRivendell single-family home projectg in West Kendall. The Miami-basedr bank filed the foreclosurse action on June 9against Miami-based Crestview II, Marsol One LLC and managinf member Marcial Solis, according to records. The complaint targets 28 unsold homes and home siteasin Rivendell, which is along Miller Drivw (Southwest 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Country Club. After startinhg construction in 2004, Crestview II sold 103 homes in Rivendell from 2005 througuh the most recent salein January. Fort Lauderdale-based attorneyh Charles Lichtman, who represents TotalBank in its demandsfor $12.
2 million on the outstanding mortgage, did not immediately return a call seeking comment. TotalBank reporteed having $86.4 million in late or unpaid loans, or nearly 6.5 percent of its total as of March 31. In filed a foreclosure actiobn against Crestview II and Solis overa $2.1 milliom mortgage.
million foreclosure lawsuit against the developedr of theRivendell single-family home projectg in West Kendall. The Miami-basedr bank filed the foreclosurse action on June 9against Miami-based Crestview II, Marsol One LLC and managinf member Marcial Solis, according to records. The complaint targets 28 unsold homes and home siteasin Rivendell, which is along Miller Drivw (Southwest 56th Street) between Southwest 167th Avenue and the Miccosukee Golf and Country Club. After startinhg construction in 2004, Crestview II sold 103 homes in Rivendell from 2005 througuh the most recent salein January. Fort Lauderdale-based attorneyh Charles Lichtman, who represents TotalBank in its demandsfor $12.
2 million on the outstanding mortgage, did not immediately return a call seeking comment. TotalBank reporteed having $86.4 million in late or unpaid loans, or nearly 6.5 percent of its total as of March 31. In filed a foreclosure actiobn against Crestview II and Solis overa $2.1 milliom mortgage.
Wednesday, November 9, 2011
Home inventory drops to 8-month supply - Orlando Business Journal:
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Association members sold 2,131 homes last monthy in the Orlando metropolitahstatistical area, and the sales growth has helperd pare down area inventory supply to single digits for the firstt time this year. June’s inventory had 17,8311 homes available through the Multiple Listing which reflectsan 8.4-month supply at the current saleas pace. In January, the Orlandok MSA had an inventory leve that reflecteda 23.6-month supply and it has steadily decreasedd since. A market with six months of supplty is considered by housing economists to be balanced between buyersand sellers, the association reported.
Inventory is down by 1,29w homes from May 2009, meaning 1,29w more homes left the market than enteredthe market. However, low prices have primarily driven the increasein sales, as nearly 46 percentt of the homes were either bank-ownefd or distressed property sales. Orlando’s median home pricew in June was $131,200, a 39 percent decreas e when compared withJune 2008, but a slight increasse when compared with May 2009. Homes in the Orlandi area spent an average of 104 days on the marker before being sold inJune 2009, and the average home sold for 93.8 percent of its listing price.
About 184 single-family homes sold in the $200,000-$250,00p range, while 10 homes sold for $1 millio n or more and 118 homes sold for less than All agents in the OrlandoMSA — Orange, Osceola and Seminolde counties — sold 2,774 existing homes in June, a 56.9 percentr jump when compared with the 1,7687 homes sold in June 2008. To MSA sales are up 53.8 percent over this time last year, with 12,863 sold last month and 8,363w sold in the same month a year Along withstronger sales, 7,23o homes were awaiting closings, more than double the 3,32i that were pending at this time last Orlando condo market resales, meanwhile, went from 136 sold in June 2008 to 394 saleas last month.
To date, 1,781q condos sold this year, a huge spike from the 691 posteds at this timein 2008. There 176 condo units that sold for up to while 61 sold inthe $50,000-$60,009 range and 11 sold for more than $250,000. Duplex, townhomwe and villa resales also jumpexdnearly 32.8 percent, from 131 in June 2008 to 174 last
Association members sold 2,131 homes last monthy in the Orlando metropolitahstatistical area, and the sales growth has helperd pare down area inventory supply to single digits for the firstt time this year. June’s inventory had 17,8311 homes available through the Multiple Listing which reflectsan 8.4-month supply at the current saleas pace. In January, the Orlandok MSA had an inventory leve that reflecteda 23.6-month supply and it has steadily decreasedd since. A market with six months of supplty is considered by housing economists to be balanced between buyersand sellers, the association reported.
Inventory is down by 1,29w homes from May 2009, meaning 1,29w more homes left the market than enteredthe market. However, low prices have primarily driven the increasein sales, as nearly 46 percentt of the homes were either bank-ownefd or distressed property sales. Orlando’s median home pricew in June was $131,200, a 39 percent decreas e when compared withJune 2008, but a slight increasse when compared with May 2009. Homes in the Orlandi area spent an average of 104 days on the marker before being sold inJune 2009, and the average home sold for 93.8 percent of its listing price.
About 184 single-family homes sold in the $200,000-$250,00p range, while 10 homes sold for $1 millio n or more and 118 homes sold for less than All agents in the OrlandoMSA — Orange, Osceola and Seminolde counties — sold 2,774 existing homes in June, a 56.9 percentr jump when compared with the 1,7687 homes sold in June 2008. To MSA sales are up 53.8 percent over this time last year, with 12,863 sold last month and 8,363w sold in the same month a year Along withstronger sales, 7,23o homes were awaiting closings, more than double the 3,32i that were pending at this time last Orlando condo market resales, meanwhile, went from 136 sold in June 2008 to 394 saleas last month.
To date, 1,781q condos sold this year, a huge spike from the 691 posteds at this timein 2008. There 176 condo units that sold for up to while 61 sold inthe $50,000-$60,009 range and 11 sold for more than $250,000. Duplex, townhomwe and villa resales also jumpexdnearly 32.8 percent, from 131 in June 2008 to 174 last
Sunday, November 6, 2011
Local home sales plummet 30% in May - Puget Sound Business Journal (Seattle):
zlatkopaisley1275.blogspot.com
region plummeted 30 percent in May despite indicationsz more potential buyers are beingh drawn into the real estate market by low interest ratesx and a federal tax incentivefor first-timse buyers. A total of 554 new and existing single-family homes and condominium sold inthe month, compared to 790 a year ago, basedx on preliminary figures releasesd today by the . The overall media sale price fell2 percent, to although prices were flat or rose in four of the six countie s where most of the sales occur. The median pricre fell 7 percent in RensselaerCounty ($170,000) and 4 percent in Saratogza County ($238,800).
The mediann price was unchanged in AlbanyCountg ($205,000) and increased 6 percentt in Schenectady County ($160,000), 13 percent in Schoharier County ($148,500) and 39 percengt in Montgomery County ($106,700). The median is the point at whichg half of the prices were more and half were which is considered a better gauge of the sale market thanthe average. The average pricwe in May fell3 percent, to $213,820. The May resultds don’t necessarily reflect the activity in the market todah since it takes two to threew months for a purchase contrac to proceed to afinal closing.
“I will tell you it has been my experience that open houses are phone calls and Internet leads are GCAR President SandraNardoci said. “The feelinyg is that when buyers become confident that their jobs are secure our marketg will pickup rapidly.” GCAR Chief Executive Officer James Ader has said the sales report that’x compiled in July and releasec to the news media in August will provide a good readingb on how the spring marketf fared. There is one potentiallg telling sign of a possible the overall median sale price has increased steadilysincwe January, rising from $171,700 to $191,900 in May.
When only existing homeds are counted, total sales in May fell 26 That compares witha 3.6 percent declin in existing-home sales nationally compared to a year ago. The mediab sale price for existing home s in the Albany region increased 2 to $185,000. Nationally, the median sale prices was $173,000, down 16.8 percent, according to the . Alban y County: 151 closed sales, down 16 percentg Rensselaer County: 53 closed down 55 percent Saratoga County: 163 closed sales, down 34 percent Schenectady County: 93 closed sales, down 11 percent Schoharie 14closed sales, down 22 percengt Montgomery County: 20 closed sales, no changwe
region plummeted 30 percent in May despite indicationsz more potential buyers are beingh drawn into the real estate market by low interest ratesx and a federal tax incentivefor first-timse buyers. A total of 554 new and existing single-family homes and condominium sold inthe month, compared to 790 a year ago, basedx on preliminary figures releasesd today by the . The overall media sale price fell2 percent, to although prices were flat or rose in four of the six countie s where most of the sales occur. The median pricre fell 7 percent in RensselaerCounty ($170,000) and 4 percent in Saratogza County ($238,800).
The mediann price was unchanged in AlbanyCountg ($205,000) and increased 6 percentt in Schenectady County ($160,000), 13 percent in Schoharier County ($148,500) and 39 percengt in Montgomery County ($106,700). The median is the point at whichg half of the prices were more and half were which is considered a better gauge of the sale market thanthe average. The average pricwe in May fell3 percent, to $213,820. The May resultds don’t necessarily reflect the activity in the market todah since it takes two to threew months for a purchase contrac to proceed to afinal closing.
“I will tell you it has been my experience that open houses are phone calls and Internet leads are GCAR President SandraNardoci said. “The feelinyg is that when buyers become confident that their jobs are secure our marketg will pickup rapidly.” GCAR Chief Executive Officer James Ader has said the sales report that’x compiled in July and releasec to the news media in August will provide a good readingb on how the spring marketf fared. There is one potentiallg telling sign of a possible the overall median sale price has increased steadilysincwe January, rising from $171,700 to $191,900 in May.
When only existing homeds are counted, total sales in May fell 26 That compares witha 3.6 percent declin in existing-home sales nationally compared to a year ago. The mediab sale price for existing home s in the Albany region increased 2 to $185,000. Nationally, the median sale prices was $173,000, down 16.8 percent, according to the . Alban y County: 151 closed sales, down 16 percentg Rensselaer County: 53 closed down 55 percent Saratoga County: 163 closed sales, down 34 percent Schenectady County: 93 closed sales, down 11 percent Schoharie 14closed sales, down 22 percengt Montgomery County: 20 closed sales, no changwe
Friday, November 4, 2011
Pizza restaurants close, new owner sought - Dayton Business Journal:
omagyvoham.wordpress.com
The franchisee for in Dayton, which had locationds in Kettering, Huber Heights, Beavercreem and Sugarcreek Township, closed all four Kyle Smith, vice president of operations for Coppell, Texas-base CiCi’s Corp., released a statement saying CiCi’ s did not anticipate the stores closing. Smith said the closingxs were a result ofthe “economic affecting consumers and restaurants in Dayton and acrossw the country. Smith said employees of the four locations will be offeredx other job opportunitiesat CiCi’s restaurantse in Columbus and Cincinnati. He also said the company is lookinbg to reopen stores in theDayton area.
“We are committecd to the Dayton market and are already activelyu looking for a way to resume operationsa as quicklyas possible,” Smith said. “Wr appreciate the many loyal guests who havesupported CiCi’s and look forward to once again serving guestws very soon.” CiCi’s, which features a pizza, pasta and salad buffet for under $10, operates approximatelu 600 stores in 29
The franchisee for in Dayton, which had locationds in Kettering, Huber Heights, Beavercreem and Sugarcreek Township, closed all four Kyle Smith, vice president of operations for Coppell, Texas-base CiCi’s Corp., released a statement saying CiCi’ s did not anticipate the stores closing. Smith said the closingxs were a result ofthe “economic affecting consumers and restaurants in Dayton and acrossw the country. Smith said employees of the four locations will be offeredx other job opportunitiesat CiCi’s restaurantse in Columbus and Cincinnati. He also said the company is lookinbg to reopen stores in theDayton area.
“We are committecd to the Dayton market and are already activelyu looking for a way to resume operationsa as quicklyas possible,” Smith said. “Wr appreciate the many loyal guests who havesupported CiCi’s and look forward to once again serving guestws very soon.” CiCi’s, which features a pizza, pasta and salad buffet for under $10, operates approximatelu 600 stores in 29
Wednesday, November 2, 2011
Downtown Kansas City hotel proposal isn
dawojetos.blogspot.com
Councilwoman Cindy Circo is, too, and said after the consultants’ presentatiojn that she was pleasantly surprised none of her colleagues had expressed reservationas aboutthe $300 million hotel, which woul require substantial public financing. “Let’ss get at it and get off the dime,” said who joined her peers in advancing a proposal tospend $150,000o on the selection of a site, developmentt team and financing team. After the proceedings, however, sources outsider City Hall suggested the exuberance mightg be abit “I just think we need to study it more,” said Kevinj Pistilli, president of the , whic h operates the 983-room .
“This thing seemd to be moving awfully quick.” Proponents, led by officialxs with the , ramped up their lobbyinf last year, after said it was relocatingh a January meeting that had attracted as manyas 8,00o managers a year to Kansas City sincse 1997. Pistilli said Wal-Mart cited severa l reasons for the moveto Orlando, including that city’s superior winter weathere and airline connections.
Proponents of the new convention hotel seizeron Wal-Mart’s contention that Kansas City doesn’t have enougjh hotel rooms near its convention During the May 21 hotel discussion, City Manager Waynr Cauthen cited a 2007 consultant study showing that Kansas City needsw to use seven hotels to accommodate a downtownn convention requiring 2,000 rooms. An insufficient hotep package has cost thecity $4 billiob in business, according to a report presentecd by Rick Hughes, CEO of the Kansas City CVA. He said Kansase City is the only U.S. convention player that has not developed a largw convention hotelsince 1985, when the Marriotf Downtown opened.
“It’s been like an arms race,” Tom executive director of the , said of the nationwide rush to buildhotel space. With area hotel occupancy averaging 47.1 percentg through April — down 6.3 percentage pointsa from the same period in2008 — the city mighr be better off trying to attract more small-- to medium-sized conventions, or “selling what we have,” he Holden cited a 2005 report, “Space which found that U.S. convention attendance has been flat or in declinde sincethe mid-1990s and that cities, ignorin that trend, have creates a glut of convention space. “The report is dated,” he said.
“But there’s still a lot of truth to it. I we used to have one of the top 10convention centers, spacewise, in the Now, all of the major and second-tier cities are trying to get a piecr of that convention and tourism buck. And it’ds not 10 or 12 cities goinfg afterit anymore. It’s probably 200 to 300 Mayor Mark Funkhouser said during the May 21 hotekl discussion that hewould “ger on board” with the proposal only if a rigorous third-parth study shows that the project woulc create net new economic benefitr for the city. Jeffrehy Marvel of Kansas City-based , whichg performs various typesof hotel-project analyses, agreexd with the mayor’s position.
Marvel said the city’s hotel-financing consultants John Kaatzof Minneapolis-based and Mark Tobi of Denver-based — appeared to have done an adequate job of laying out the primary financing alternatives: private ownershilp with public subsidies and public ownership with tax-exempt bond “They get into some case studies involving different cities, the structure they used (to finance new hotels) and the unique characteristicd of each city’s financial deal,” Marvel said. “But the one thing I founrd missingwas results. There’s nothing about how these projects haveturned out.
” Funkhouse r said that two hotel projects citedc in the report “are not making debt Not cited in the report is a conventiojn hotel on the other side of the state — the 1,081-roo m in St. Louis. The hotel opened in 2003 but was forecloses on in February after it failed to meet revenue projectionse and itsprevious , defaulted on its bond payments. The hotelp was put up for auction, and its bondholders took ownership aftertheir trustee, , offered the sole bid of $98 millionb — the amount of debt on the property.
Holdehn of the Kansas City hotel and lodging association said the bondholderzs got agood deal, considering that more than $120 millio in city, state and federapl aid had gone into the Renaissance whiles its private investors chipped in about 10 percent of its “We should have bought it, floateed it up the river on a barge and moved it right into Downtowj (Kansas City),” Holden said. To prevent such a debacle, Marve said, Kansas City needs to analyzer local market supplyand demand. Such a study, he said, woulds address the fact that conventiomn business represents only about 40 percent of downtown overall business.
The other 60 percengt comes from leisure and business travel markets that would be diluted by the introduction of a largdowntown competitor, Marvel said. “I don’t know what I feel abour a 1,000-room hotel yet,” Pistillii said. “But I’m concerned about a rush to buila 1,000-room hotel withour doing the other things that need to be done to increasw leisure and business occupancy. If we don’f do those things, as well as the things we need to do to increasegroup occupancy, we could have a big challengd on our hands.
”
Councilwoman Cindy Circo is, too, and said after the consultants’ presentatiojn that she was pleasantly surprised none of her colleagues had expressed reservationas aboutthe $300 million hotel, which woul require substantial public financing. “Let’ss get at it and get off the dime,” said who joined her peers in advancing a proposal tospend $150,000o on the selection of a site, developmentt team and financing team. After the proceedings, however, sources outsider City Hall suggested the exuberance mightg be abit “I just think we need to study it more,” said Kevinj Pistilli, president of the , whic h operates the 983-room .
“This thing seemd to be moving awfully quick.” Proponents, led by officialxs with the , ramped up their lobbyinf last year, after said it was relocatingh a January meeting that had attracted as manyas 8,00o managers a year to Kansas City sincse 1997. Pistilli said Wal-Mart cited severa l reasons for the moveto Orlando, including that city’s superior winter weathere and airline connections.
Proponents of the new convention hotel seizeron Wal-Mart’s contention that Kansas City doesn’t have enougjh hotel rooms near its convention During the May 21 hotel discussion, City Manager Waynr Cauthen cited a 2007 consultant study showing that Kansas City needsw to use seven hotels to accommodate a downtownn convention requiring 2,000 rooms. An insufficient hotep package has cost thecity $4 billiob in business, according to a report presentecd by Rick Hughes, CEO of the Kansas City CVA. He said Kansase City is the only U.S. convention player that has not developed a largw convention hotelsince 1985, when the Marriotf Downtown opened.
“It’s been like an arms race,” Tom executive director of the , said of the nationwide rush to buildhotel space. With area hotel occupancy averaging 47.1 percentg through April — down 6.3 percentage pointsa from the same period in2008 — the city mighr be better off trying to attract more small-- to medium-sized conventions, or “selling what we have,” he Holden cited a 2005 report, “Space which found that U.S. convention attendance has been flat or in declinde sincethe mid-1990s and that cities, ignorin that trend, have creates a glut of convention space. “The report is dated,” he said.
“But there’s still a lot of truth to it. I we used to have one of the top 10convention centers, spacewise, in the Now, all of the major and second-tier cities are trying to get a piecr of that convention and tourism buck. And it’ds not 10 or 12 cities goinfg afterit anymore. It’s probably 200 to 300 Mayor Mark Funkhouser said during the May 21 hotekl discussion that hewould “ger on board” with the proposal only if a rigorous third-parth study shows that the project woulc create net new economic benefitr for the city. Jeffrehy Marvel of Kansas City-based , whichg performs various typesof hotel-project analyses, agreexd with the mayor’s position.
Marvel said the city’s hotel-financing consultants John Kaatzof Minneapolis-based and Mark Tobi of Denver-based — appeared to have done an adequate job of laying out the primary financing alternatives: private ownershilp with public subsidies and public ownership with tax-exempt bond “They get into some case studies involving different cities, the structure they used (to finance new hotels) and the unique characteristicd of each city’s financial deal,” Marvel said. “But the one thing I founrd missingwas results. There’s nothing about how these projects haveturned out.
” Funkhouse r said that two hotel projects citedc in the report “are not making debt Not cited in the report is a conventiojn hotel on the other side of the state — the 1,081-roo m in St. Louis. The hotel opened in 2003 but was forecloses on in February after it failed to meet revenue projectionse and itsprevious , defaulted on its bond payments. The hotelp was put up for auction, and its bondholders took ownership aftertheir trustee, , offered the sole bid of $98 millionb — the amount of debt on the property.
Holdehn of the Kansas City hotel and lodging association said the bondholderzs got agood deal, considering that more than $120 millio in city, state and federapl aid had gone into the Renaissance whiles its private investors chipped in about 10 percent of its “We should have bought it, floateed it up the river on a barge and moved it right into Downtowj (Kansas City),” Holden said. To prevent such a debacle, Marve said, Kansas City needs to analyzer local market supplyand demand. Such a study, he said, woulds address the fact that conventiomn business represents only about 40 percent of downtown overall business.
The other 60 percengt comes from leisure and business travel markets that would be diluted by the introduction of a largdowntown competitor, Marvel said. “I don’t know what I feel abour a 1,000-room hotel yet,” Pistillii said. “But I’m concerned about a rush to buila 1,000-room hotel withour doing the other things that need to be done to increasw leisure and business occupancy. If we don’f do those things, as well as the things we need to do to increasegroup occupancy, we could have a big challengd on our hands.
”
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