These were the top 10 outer borough loans last month

first_imgClockwise from left: a rendering of the Greenpoint at 21 and 23 India Street in Greenpoint, a rendering of the Tangram project at 133-27 39th Avenue in Flushing, and 564 St. John’s Place in Crown Heights (Credit: StreetEasy)Major projects in Greenpoint and Flushing topped the list of the largest outer borough loans for July.The Greenpoint, a 40-story tower at 21 India Street, took the No. 1 spot with a $175 million loan from HSBC, while Flushing’s huge Tangram project took the No. 2 spot with a $163 million loan from Shanghai Commercial Bank. The only other loan for more than $100 million was a roughly $104 million loan from Berkadia Commercial Mortgage for a Cassena Care facility in the Bronx.Overall, the list was split between five properties in Brooklyn, four projects in Queens and one project in the Bronx. No loans for projects in Staten Island made the cut in July.The full list of the top 10 outer borough loans for July is as follows:1. India Ink – $175 millionThe top loan last month was $175 million from HSBC to developers Mack Real Estate, Palin Enterprises and Urban Development Partners for their Greenpoint project at 21 and 23 India Street. The project, known as the Greenpoint, features a rental and condo tower standing 40 stories and 400 feet tall.2. Shanghai Knights – $163 millionShanghai Commercial Bank loaned F&T Group $163 million for the company’s massive Tangram project in Flushing. The funding was for the project’s residential properties at 133-27 39th Avenue, 133-36 37th Avenue and 37-12 Prince Street, which contain a total of 354 residential units, according to StreetEasy.3. State of Grace – $104 millionBerkadia Commercial Mortgage loaned Cassena Care roughly $104 million for the nursing home operator’s facility at 3155 Grace Avenue in the Bronx. The loan was secured through the federal Department of Housing and Urban Development and will go to the Workmen’s Circle MultiCare Center, according to Real Estate Weekly. The Baychester facility provides services including physical therapy and hospice care.4. Saint John – $87.8 millionNew York Community Bank loaned Harbor Group International about $87.8 million for 564 St. John’s Place, which the company recently purchased from Toby Moskovits for $117 million. The once-distressed Crown Heights building contains 193 units, and Moskovits and her partner Michael Lichtenstein had been in danger of losing it last year after their lender Benefit Street Partners filed a foreclosure auction.5. United States of American Land – $85 millionUnited American Land received an $85 million loan from Citi Real Estate Funding for 503 Fulton Street in Downtown Brooklyn. The seven-story building spans about 139,000 square feet with 121 residential units and retail space occupied by TJ Maxx and Old Navy.6. Animal House – $75 millionAnimal Care and Control of New York City landed a $75 million loan from Wells Fargo for two vacant plots of land at 151 Woodward Avenue and 1902 Flushing Avenue in Queens. The adjacent Ridgewood sites are expected to be the home of a new 50,000-square-foot animal shelter in Queens scheduled to open in 2022 with space for 70 dogs, 110 cats and smaller animals like rabbits and guinea pigs, according to amNewYork.7. Jim Parsons Boulevard – $73.8 millionThe Bank of New York Mellon loaned Dunn Development about $73.8 million for 82-41 Parsons Boulevard in Hillcrest, Queens. The company is working on a project at the former site of the Triboro Hospital for Tuberculosis that would include 205 residential units, split between 130 affordable units and 85 supportive units, along with 12,000 square feet of space for the Queens Hospital Center and 8,000 square feet of community space, according to New York YIMBY.8. Land of Lincoln Road – $67 millionCiti Real Estate Funding made its second appearance on the list with a $67 million loan to Lincoln Sponsor LLC for 31 Lincoln Road and 510 Flatbush Avenue in Prospect-Lefferts Gardens. Aleksander Goldin controls the LLC, and the property spans 274,524 square feet with 175 residential units, according to PincusCo. The development is known as the Lincoln Apartments, according to StreetEasy.9. Second Fiddle – $48 millionNew York Community Bank provided a roughly $48 million loan to Kraus Organization for 389-393 South 2nd Street in Williamsburg. The bank took over a $40 million 2014 loan from Signature Bank and added a new $7.9 million mortgage to it, according to the Commercial Observer.10. Day at the Beach Street – $40 millionJuly’s list closed out with a $40 million loan from TD Bank to Related Companies for 125 Beach 17th Street in Far Rockaway. The two-tower property is known as Ocean Park Apartments and stands 26 stories tall with 602 units. It is a federally subsidized housing complex that Related bought in 2005 from the Ocean Park Company.last_img read more

Community forum scheduled on utility’s long-term energy plan

first_img Twitter Google+ Previous articleMore than 24,000 pounds of beef recalled, ruled “unfit for consumption”Next article2 Indiana projects halted by border wall funding shift Associated PressNews from the Associated Press and its network of reporters and publications. (Photo supplied/Indiana-Michigan Power) BENTON HARBOR, Mich. (AP) — A community forum will be held in Benton Harbor to allow Indiana Michigan Power Co. customers to comment on the utility’s long-term plan to meet residential and business needs.Michigan’s Public Service Commission says the Oct. 7 meeting will be held at Lake Michigan College. The Fort Wayne, Indiana-based utility has about 129,000 customers in Michigan.Commission staff will offer a presentation at the forum on the integrated resource planning process and highlights of Indiana Michigan Power’s proposed plan which is pending before commissioners.Utility-developed integrated resource plans are required under the state’s energy laws and map out how companies will meet the future electric needs of their customers. Twitter IndianaLocalMichiganNews Community forum scheduled on utility’s long-term energy plan Facebook Pinterest WhatsApp By Associated Press – September 10, 2019 0 280 WhatsApp Facebook Google+ Pinterestlast_img read more

Card-carrying Socialist

first_imgHarley will be seconded in January from his current post in the general secretariat where he handles meetings of the Parliament’s bureau and conference of presidents.Despite Harley’s earlier role as an adviser to the former UK Conservative Parliament President Lord Plumb, the new Socialist deputy secretary-general has strong Labour credentials.He has been a card-carrying Labour Party member since 1978, been selected to contest a Euro-election and – like Corbett – was a prominent member of the Left Club in Luxembourg.last_img read more

Most glamorous finance minister?

first_imgKarl-Heinz Grasser, the Austrian finance minister, would easily win the title of the most glamorous finance minister in the EU, were such an improbable contest to be organised in the austere circle of Ecofin.The blue-eyed Grasser is constantly making the headlines in the popular press in Austria – his marriage to the heiress of the Swarovski crystal empire, last year, as well as his youthful and handsome looks make him the preferred choice for the photographers.But media-savvy Grasser will get a little help from his spokesman, Manfred Lepuschitz, who joined Grasser’s cabinet six months ago. He worked in the fashion industry for 15 years. So he can reliably advise Grasser on the colours of the next season and on arranging photo shoots with Cosmopolitan or Vogue. Perhaps he can advise on a makeover for the Eurogroup.last_img read more

Jack White Explains Stance On Guacamole Rider Leak In Open Letter

first_img    dear journalists and other people looking for drama or a diva,    even in the age of the short attention span internet article, it’s still hard to believe you are STILL writing about this:    wow. classy.    seems like there’s a new rule number one for up and coming journalists: don’t let the facts get in the way of click bait. at the risk of incurring even more of this hoo haa (and i’ve definitely turned my cheek more than once lately) and even though our management sent out a letter to clarify this, and since this seems to be all anyone can ask me about lately, here’s the real deal, and hopefully it’ll explain this nonsensical scenario and we can move on with our lives. (or what have you).    first off, this is none of your business, but i have no specific demands in my dressing room. i know i could ask for lots of things but i actually don’t ask for ANYTHING. i take with me what i need, and that ain’t much. anything on the rider is for the band and the crew. this “guacamole recipe” is my hilarious tour managers inside joke with the local promoters, it’s his recipe, not mine. it’s just something to break up the boredom, seeing who can make it best. though i wouldn’t know because i’ve never had it. i can’t even make kool aid let alone cook any real food enough to have a “recipe.” sorry, i don’t have that talent.    bananas: did it occur to anyone someone on the tour might have an allergy to them? no? hmmm. one day some fantasy journalist out there will call someone in the biz and actually have a rider explained to them, maybe none of them have ever been on tour. oh well, let’s move on, first amendment issues: i fully believe in the freedom of the press (though the supposed search for truth from the press requires microscopes and a some morton salt), and i also defend anyone’s right to free speech (just look at my lack of respect for grammar in this letter and tell me i’m not for communicating freely) and i defend the right to free information in regards to public funds, but never in my 20 years of playing shows has my contract and tour rider been published in the paper that i recall.    do you know why we don’t do that or want that? a hundred articles about bananas, free speech, and guacamole is why; it’s because people don’t understand what a rider is or what the terms of a contract are. they’re out of their element, and you can’t blame them for it. and people who write about that know this. people WANT a rider to be a list of demands that a diva insists occur lest he or she refuse to play a note of music.    but in reality, it’s just some food and drinks backstage for the hundred workers and guests who have to live in a concrete bunker for 15 hours. some people bring their own living rooms on tour, some people ask for a huge spread. who cares? what you’re looking for is someone throwing a tantrum because they didn’t get their brown m and m’s, sorry to disappoint.    someone printed that i’m never going to oklahoma again? not true. i love oklahoma, that’s why i booked this show instead of playing chicago or atlanta for four times as much money. ask around in tulsa. i’ve been there at least three times on these last two albums. i love it there. our booking agent warned the college that other artists might not book shows there? of course they did, it’s bad business what that school paper did and really rude. of course they are going to tell them to wise up.    am i pissed at the students at oklahoma university? absolutely not. am i disappointed in young journalists at their school paper? absolutely. but i forgive them, they’re young and have learned their lesson about truth and ethics hopefully. all they have to do is google this to know that it’s not worth it. look for real problems instead next time. look for the truth, not fake drama. i got pissed during my show and berated the crowd? no. sorry, didn’t happen. i made jokes about the paper publishing that info, so which of us is thin skinned? they have freedom of speech but i don’t? at my show? ok. i guess the rules change for different people. the crowd were amazing and we played for 2 and a half hours that night. people were told to delete photos on their camera? i dont know much about that but it must be a miscommunication about what was public property at the college and the contract we had with the university to let us do our work in peace; but i’ll give you an example, if someone working at a theater we played at started taking pictures of all of our workers and our gear they’d probably get fired by their theater or promoter. sorry to the student paper budding press papparazzi on that one, but is this a tmz assignment or can you give us some peace while we try to put on a show for the students? give us a break man.    i know it’s a fun thing for people to try to turn me into a jerk and a diva, but in this case it’s pretty ridiculous and has almost nothing to do with me. my relationship with the fans at that show and how we got to a new place together through music remains intact and i’d love to do it again with them.    i think that’s everything, can i go back to making music now? no? ok. crochet it is.    jack white The continually unfolding “Guacamolegate” story has what appears to be a final chapter: a lengthy letter written by Jack White himself. For those unaware, the Oklahoma University student paper, The OU Daily, published White’s contract rider, which included a guacamole recipe and an allergy-motivated ban on bananas.Shortly thereafter, White’s booking agency, William Morris Endeavor, responded to this breach of privacy by banning their artists from performing at the school. White’s management followed up by saying that the decision to ban OU was out of their hands. You can read our developments on the story here.In his full letter, White explains the rider’s conditions, explains the concept of riders in general, chews out journalists for reporting on this issue (I’m sorry Jack!), and expresses his opinions on the rider leaking in general. He ends it by asking if he can go back to making music… which, given his latest single, I think is a request we can certainly get behind. Read the full letter below:last_img read more

24 Hurt In Iowa School Bus Crash

first_imgMONONA, Iowa – Officials say 23 students and a bus driver from the MFL MarMac School District were taken to area hospitals after a school bus accident near Monona in northeast Iowa.The accident happened on U.S. Highway 18 about 8 a.m. Wednesday.Superintendent Dale Crozier says there were 23 students, ranging from elementary school to high school, on the bus.  All the students and the bus driver were taken to three hospitals to be checked over. Crozier says all but one student was released, and that student was kept for observation.Crozier says there was patchy fog in the area at the time of the accident, which is being investigated by the Iowa State Patrol.The school district is comprised of Monona, Farmersburg, Luana (loo-AY’-nuh), Marquette and McGregor.___Information from: KWWL-TV,[script src=”;;playerWidth=300;playerHeight=270;isShowIcon=true;clipId=5575461;flvUri=;partnerclipid=;adTag=News;advertisingZone=undefined;enableAds=true;landingPage=;islandingPageoverride=false;playerType=STANDARD_EMBEDDEDscript;v=2;controlsType=overlay”]last_img read more

Comcast Offers Hi-Speed Internet to Low Income Families for $10/mo Keeping Promise to Regulators

first_imgAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreComcast is rolling out a new initiative in 39 states to help bring broadband internet to low income families at deeply discounted rates. The cable and Internet provider is making good on its deal with regulators who required the company to help connect low income households in exchange for approval of the company’s NBC Universal acquisition.Comcast is offering the discounted service for $9.95 per month (with no price increases) to families that have at least one child receiving free school lunches, in locations where Comcast already offers Internet service. Comcast will also offer a $147 voucher toward computer equipment, together with digital literacy training for families.(READ the story in NPR News)AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMorelast_img read more

Saint Mary’s student mentors local robotics team

first_imgSaint Mary’s first year Michelle Lester uses her robotics skills to help young people in the South Bend community.Lester mentors two youth robotics teams in the area: a FIRST Tech Challenge (FTC) league team, and a team at the South Bend Career Academy, which is part of the FIRST Robotics Competition (FRC) league. She said the FTC league team is composed of four middle- and high-school-aged students, while the FRC league team comprises students from the 9th to 12th grades.Lester said she initially became interested in robotics in high school. At first, she only went to a robotics meeting to support a friend who was involved, but then fell in love with the activity herself. She said she learned a lot about robotics in high school, including how to build robots, program them and even create business plans.The Michigan native wasted no time getting involved with robotics when she came to Saint Mary’s. She started the FTC league team, which attracts students from different schools in the area. Lester said her FTC league team designs and builds 60-pound robots at the Granger Exploration and Robotics Studio (GEARS). Lester’s FRC-league team, on the other hand, builds 80-pound robots that are more expensive than their FTC counterparts, she said.“They’re basically the same, but FTC is more for kids that cannot afford FRC,” Lester said. “I actually think kids get more out of FTC, because they have to keep an engineering notebook. It’s basically everything they do, documented, with explanations as to why and how they did. It’s a great way for them to learn more.”Lester said the FTC team has won two out of their three competitions so far.Mentoring robotics teams, Lester said, is a lot of work. She said she is with her teams for four hours a day on weekdays and up to 12 hours a day on weekends.Lester said one of her students stands out for being particularly hard-working.“She’s the youngest kid we have on our team, but she’s also the most impressive,” Lester said of the student. “She’s always doing what we ask of her, but better than we could ever expect. She’s an incredible little girl.”Lester said she joined MichianaFIRST — a coalition of robotics teams in the Michiana area — to support and learn from each other. She said she attended a dinner in May for current Michiana mentors to network and get involved. During this dinner, she met David Ebersol, head coach of the South Bend Career Academy FRC team.“He was really impressed and touched by my experience with [robotics] teams, so he asked me to come help his team with scouting and marketing, and the rest is history,” Lester said. Tags: FIRST Robotics Competition, FIRST Tech Challenge, Granger Exploration and Robotics Studio, MichianaFIRST, Roboticslast_img read more


first_imgNaval Support Activity Orlando’s mission is to provide consistent, effective and efficient shore installation support services to all tenant DoD agencies enabling their mission accomplishment in a joint services environment. NSA Orlando provides the following capabilities:Physical Security for all DoD componentsFull Range of Public Works Support including construction, maintenance and BOS Services to all Central Florida activitiesDisaster Preparedness & Hurricane Support to DoD components:NAVY: NAWCTSD, HPC, NEX MARINE CORPS: PMTRAYSYS USA: PEO-STRI USAF: AFAMS DHS USCG: Liaison Office. FLETC JOINT: Joint ADL Co-Lab, JDIF 3 Naval Operational Support Centers: Orlando, Tampa, and St. Petersburglast_img read more

UVM med school dean Rick Morin to step down

first_imgUniversity of Vermont,Vermont Business Magazine Frederick Morin, MD, announced today that next year, he will step down as dean of The Robert Larner, MD College of Medicine at The University of Vermont once a successor has been named. Morin became the College’s 17th dean 10 years ago, on August 25, 2007. “Rick Morin’s accomplishments at UVM are truly extraordinary,” said UVM President Tom Sullivan. “His creativity, persistence, and strong leadership have created a legacy for the Larner College of Medicine that will last for generations. I will be forever grateful for his remarkable leadership of the College and his many contributions across the University.”Among Morin’s many achievements over the past decade are his work in philanthropy, which resulted in an unprecedented commitment of $100 million in lifetime giving from late alumnus Robert Larner, M.D.’42 and his wife Helen, and related naming of the College in Dr. Larner’s honor. Morin’s service on the board of trustees of the UVM Medical Center, the board of the UVM Health Network, and the board of the UVM Health Network – Medical Group (the faculty practice plan) has strengthened ties with the College’s primary clinical teaching partner and facilitated expanded educational opportunities for our students across the region.“I want to thank Dean Morin for his leadership in our shared goal of educating health care professionals to the highest standards in patient care, education and research,” said John Brumsted, MD, president and CEO of the UVM Health Network and CEO of the UVM Medical Center.  “He has been an important and steadfast source of support throughout a period of enormous change in health care, and we will miss having the benefit of his guidance.”Morin also played a critical role in helping the College develop new clinical training sites to ensure medical students have exposure to greater diversity of patients, and most recently the College has been recognized nationally for its active learning initiatives. In addition, Morin oversaw growth in the College’s research enterprise from $65.9 million to $90 million between 2007 and 2016, and facilitated the revitalization of several College buildings, laboratories and medical education spaces, including the Larner Learning Commons, which opened in 2017.Nationally, Morin has played an active role in the Association of American Medical Colleges’ Council of Deans and has been an invited speaker to present on medical education and the training of primary care physicians, including a presentation to the U.S. Department of Health and Human Services’ Council on Graduate Medical Education.The group received a $90,000 grant from NEH. As part of its Challenge Grant program, the agency requires the partners to raise a matching amount. “I am proud of what this College has accomplished in the last ten years, across all of our missions,” said Morin. “It has been an honor to serve as Dean, and the capstone of my career.”A graduate of the University of Notre Dame and Yale University School of Medicine, Morin began his career as a pediatrics resident at Stanford University and completed a research fellowship in neonatology at University of California San Francisco. Prior to joining UVM, he served on the faculty of the University of Rochester (N.Y.) and subsequently the University at Buffalo, where he rose to full professor and vice chairman of research. He was named chair of pediatrics and Pediatrician-in-Chief at Women & Children’s Hospital of Buffalo, and also served as interim vice president for health affairs at University at Buffalo and interim dean of the School of Medicine and Biomedical Sciences.Information regarding the establishment of a committee for a national search for Morin’s successor is expected in the near future. Source: UVM 8.30.2017VBM vermontbiz.comlast_img read more