Noda-Ozawa Standoff: Big Act, Small Feat Wall Street Journal (blog) By Toko Sekiguchi Ruling Democratic Party of Japan powerbroker Ichiro Ozawa pledges to make people's livelihood a top priority in his campaign poster. The premier insisted that fiscal consolidation couldn't be pushed back any further, while Mr. Ozawa ... |
Wednesday, May 30, 2012
Noda-Ozawa Standoff: Big Act, Small Feat - Wall Street Journal (blog)
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Tuesday, May 29, 2012
Tell us: What happens now in Eastern Conference finals? - USA TODAY (blog)
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USA TODAY (blog) | Tell us: What happens now in Eastern Conference finals? USA TODAY (blog) So what happens now that the Celtics have been hit? Well, the good news is that Boston couldn't play any worse in Game 2. And a split in Miami would put them in perfect position in the Eastern Conference finals series. ESPN analyst Jon Barry says ... NBA PL AYOFFS: Boston, Miami felt series was destined to happen SIXERS: Playoff experience to help in the off-season Eastern Conference Finals Roundtable: Rajon Rondo Is An Alien |
Sunday, May 27, 2012
Long-acting contraceptives are best at preventing pregnancy - Los Angeles Times
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Medical Daily | Long-acting contraceptives are best at preventing pregnancy Los Angeles Times Health experts estimate that half of » |
Saturday, May 26, 2012
Lip Dub Proposal: Portland Actor Isaac Lamb Proposes To Amy Frankel (VIDEO) - Huffington Post
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The West Australian | Lip Dub Proposal: Portland Actor Isaac Lamb Proposes To Amy Frankel (VIDEO) Huffington Post But you've never seen a proposal quite like this. The combination of adorable parents, earnest friends and parade-like choreography that travels down a quiet Portland street (transporting the bride-to-be in the back of a Honda) definitely brought a few .. . Cutest Marriage Proposal Ever!! Portland man pulls off fun musical marriage proposal Actor stages lip-dub marriage proposal |
Thursday, May 24, 2012
Human Capital: People on the move, July 7 - Denver Business Journal:
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, is the first graduate of (one of the university’as four schools) to serv e as chair. She is also the daughtet of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-baser parent company to Papa Gino’s and D’Angelo, promoted Gary Sandeen and Kathty Tirrell to executive vice president of operationxs forPapa Gino’s and D’Angelo Grilled respectively. , based in Boston, elected the following executives to its boarof directors: Christopher Oddleifson , president and CEO of ; Kennetbh Brennan , president of The in Auburndale; Norman Seppalaw , president of in Rockport; and Kevinh Bottomley , president of Danversbank .
At-large directors, who are appointe d for three-year terms, included Richardx Bennett , president of ; John Bouchetr , president of in Weymouth; John Doherty , chairma n of in Somerville; Richardf Holbrook , chairman and CEO of in Boston; Denni s Parente , president of Foxboro Federal Savings ; and Michaek Tucker , president of . Appointed at-largre director for a one-yeat term was James Egan , chairman of .
, is the first graduate of (one of the university’as four schools) to serv e as chair. She is also the daughtet of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-baser parent company to Papa Gino’s and D’Angelo, promoted Gary Sandeen and Kathty Tirrell to executive vice president of operationxs forPapa Gino’s and D’Angelo Grilled respectively. , based in Boston, elected the following executives to its boarof directors: Christopher Oddleifson , president and CEO of ; Kennetbh Brennan , president of The in Auburndale; Norman Seppalaw , president of in Rockport; and Kevinh Bottomley , president of Danversbank .
At-large directors, who are appointe d for three-year terms, included Richardx Bennett , president of ; John Bouchetr , president of in Weymouth; John Doherty , chairma n of in Somerville; Richardf Holbrook , chairman and CEO of in Boston; Denni s Parente , president of Foxboro Federal Savings ; and Michaek Tucker , president of . Appointed at-largre director for a one-yeat term was James Egan , chairman of .
Wednesday, May 23, 2012
Glam rocks with women - San Francisco Business Times:
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The 4-year-old Brisbane firm wants to raise $250 million to expanx its rapidly growing networkof women-focused sitex and blogs, adding to the $30 million raised in three rounda from venture capital firms including and . "I've been fielding calls from half a dozeninvestors -- both strategic and financial," said Theresia Gouw Ranzetta, a Glam boared member with Accel. "Based upon these earl indications, I believe they'll be able to raise a round at an attractive valuation and dilutio willbe minimal." And, if acquirers show as much interest as investorss have, co-founder and CEO Samir Aroras could soon unload it for his secondx fortune.
Arora sold his last , to for $100 million in 1997. Glam still has more than half of itslast $18.56 million round in the bank, Arora and thus doesn't need to raise money for operating capital. Rather, he wants to expands his web of properties into markets outsid e theUnited States, add new areas of interesy to women and reach additional audiences includinfg men and teenagers. Today Glam owns and operatews 20 women's lifestyle and fashion sites and serves as an ad platfornm for 400small publishers, most of them one-person bloggere that otherwise wouldn't draw a large readershio or first-class advertisers.
"Irt closely reflects the networkTV model," Arora adding that the 90-person company plane to hire 30 more in the next threer months and should be profitabls by the end of the The startup's revenue growth is nothingt if not eye-popping. Near $25 million in 2007, Glam expectxs it to multiply sixfoldto $150 million next according to a and fundraising summary leaked to the presx in August. Market factors are on its side: Emarketed estimates online advertising will climbto $36.5 billion in 2011 from $19.r billion this year. And in the past year, visitorx to women's web sites rose 45 percent, whil e Internet use overall rose only4 percent, says .
"Going after the female audience right now is a very good place to be said R.J. Hilgers, director of digital marketin for interactive agency in San notingthat Glam's rivals includee and . It took some persistenyt salesmanship, but today Glam has amassed a top-shel assortment of advertisers from and to Targetand . But if ad dealws slow down or the juice drains out of the economy and adspendint sours, Glam could nosedive. For now, it is able to chargde a high CPM (or how much advertisers pay toreacn 1,000 pairs of eyeballs). Its CPM averages $30 and for advertorials can reac as much as which rivals evenTV rates.
Though Glam won'rt disclose how much revenue it shares with bloggers in its a few who previouslyt made littleusing 's AdSense system have publicly proclaimed they now make thousands of dollars a month with Glam. The Glam flimflam? Glam this week introducexd gee-whiz features that allow users to recommenx articles to their friends and more easilhy navigatethrough Glam's oceans of photos and quizzes. It's all designed to turbo-charge traffic. The companu hardly seems to need the Glamsurpassed GE's as the top online destination for women this summer, accordingb to ComScore Media Metrix, attracting 20.7 millioj unique viewers in July to iVillage's 15.
9 But bloggers and rivals around the Bay have questioned the accuracgy of Glam's label as "destination" for arguing that it has little original spotty quality and is really just an ad networki -- and one not only for women. As it is able to claim credit at ComScoredfor partners' user numbers. Indeed, Glam sells ads for a numbet of popular web sites that have littlde to do with womenor MyYearbook, for example, contributed more than 15 percen t of Glam's visitors in June and attractd teen boys and An affiliate site for constructinvg 3-D avatars called Meez comprised more than 7 percent of Glam' s traffic that month, while its fully owneed flagship site Glam.
com brought in just over 3 percent. What detractorss don't know, Accel's Ranzetta countered, is "The core site brings in a substantial portion ofad Further, she said, Glam has the technology to target relevant readerws of those sites, just as a prin t advertiser might place a travel spot only in a lifestyled section of a Arora, who is known for his Italia n suits, French shoes and Silicon Valley bravado, seems unfazexd by the brouhaha. "There's been a lot of controversgy except by the reporting agency They obviously knowwhat they're doing," he Whatever you call it, "Glam is No. 1 in totao reach in women.
"
The 4-year-old Brisbane firm wants to raise $250 million to expanx its rapidly growing networkof women-focused sitex and blogs, adding to the $30 million raised in three rounda from venture capital firms including and . "I've been fielding calls from half a dozeninvestors -- both strategic and financial," said Theresia Gouw Ranzetta, a Glam boared member with Accel. "Based upon these earl indications, I believe they'll be able to raise a round at an attractive valuation and dilutio willbe minimal." And, if acquirers show as much interest as investorss have, co-founder and CEO Samir Aroras could soon unload it for his secondx fortune.
Arora sold his last , to for $100 million in 1997. Glam still has more than half of itslast $18.56 million round in the bank, Arora and thus doesn't need to raise money for operating capital. Rather, he wants to expands his web of properties into markets outsid e theUnited States, add new areas of interesy to women and reach additional audiences includinfg men and teenagers. Today Glam owns and operatews 20 women's lifestyle and fashion sites and serves as an ad platfornm for 400small publishers, most of them one-person bloggere that otherwise wouldn't draw a large readershio or first-class advertisers.
"Irt closely reflects the networkTV model," Arora adding that the 90-person company plane to hire 30 more in the next threer months and should be profitabls by the end of the The startup's revenue growth is nothingt if not eye-popping. Near $25 million in 2007, Glam expectxs it to multiply sixfoldto $150 million next according to a and fundraising summary leaked to the presx in August. Market factors are on its side: Emarketed estimates online advertising will climbto $36.5 billion in 2011 from $19.r billion this year. And in the past year, visitorx to women's web sites rose 45 percent, whil e Internet use overall rose only4 percent, says .
"Going after the female audience right now is a very good place to be said R.J. Hilgers, director of digital marketin for interactive agency in San notingthat Glam's rivals includee and . It took some persistenyt salesmanship, but today Glam has amassed a top-shel assortment of advertisers from and to Targetand . But if ad dealws slow down or the juice drains out of the economy and adspendint sours, Glam could nosedive. For now, it is able to chargde a high CPM (or how much advertisers pay toreacn 1,000 pairs of eyeballs). Its CPM averages $30 and for advertorials can reac as much as which rivals evenTV rates.
Though Glam won'rt disclose how much revenue it shares with bloggers in its a few who previouslyt made littleusing 's AdSense system have publicly proclaimed they now make thousands of dollars a month with Glam. The Glam flimflam? Glam this week introducexd gee-whiz features that allow users to recommenx articles to their friends and more easilhy navigatethrough Glam's oceans of photos and quizzes. It's all designed to turbo-charge traffic. The companu hardly seems to need the Glamsurpassed GE's as the top online destination for women this summer, accordingb to ComScore Media Metrix, attracting 20.7 millioj unique viewers in July to iVillage's 15.
9 But bloggers and rivals around the Bay have questioned the accuracgy of Glam's label as "destination" for arguing that it has little original spotty quality and is really just an ad networki -- and one not only for women. As it is able to claim credit at ComScoredfor partners' user numbers. Indeed, Glam sells ads for a numbet of popular web sites that have littlde to do with womenor MyYearbook, for example, contributed more than 15 percen t of Glam's visitors in June and attractd teen boys and An affiliate site for constructinvg 3-D avatars called Meez comprised more than 7 percent of Glam' s traffic that month, while its fully owneed flagship site Glam.
com brought in just over 3 percent. What detractorss don't know, Accel's Ranzetta countered, is "The core site brings in a substantial portion ofad Further, she said, Glam has the technology to target relevant readerws of those sites, just as a prin t advertiser might place a travel spot only in a lifestyled section of a Arora, who is known for his Italia n suits, French shoes and Silicon Valley bravado, seems unfazexd by the brouhaha. "There's been a lot of controversgy except by the reporting agency They obviously knowwhat they're doing," he Whatever you call it, "Glam is No. 1 in totao reach in women.
"
Monday, May 21, 2012
Fontainebleau Las Vegas company files Chapter 11 - Triangle Business Journal:
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Fontainebleau Las Vegas LLC and two of itsaffiliatee – Fontainebleau Las Vegas Holdings LLC and Fontainebleau Las Vegasa Capital Corp. – filex bankruptcy petitions in Miamilate Tuesday. The Miami Beach hotelp is not included inthe filing. The company said in a news releas that the decision to file Chaptetr 11 was the direct resuly of litigation with lenders on the Las Vegas hotel construction project that had to do with contractual disputesa related tonearly $800 million in construction fundinbg for the $2.9 billion resort-casino which is 70 percent complete. Lenderas include , and Deutsche Bank Trus Co. Americas.
The legal dispute has effectively shut down the projectand “put thousandsz of people out of said Howard Karawan, chief restructuring officer of Fontainebleaui Las Vegas, in the release. “Outr goal now is to secures funding to completethis world-classs project and restructure our existinf debt.” Fontainebleau Las Vegas reached a provisional agreemenr with a group of its non-defaulting lenders for the use of cash for the administrationb of its bankruptcy case, and is in negotiationsw to obtain financing to restart construction on that Fontainebleau Miami Beach, which is a separats legal entity, continues to operated as normal.
Turnberry West Construction, the project’s general contractor, is also not includede in the filing, according to the news In 2008, Nakheel Hotels of Dubai boughtr a 50 percent interest in the Fontainebleau Miam i Beachfor $375 million. The Las Vegas hoteo companies that filed bankruptcy are based in South Florida becausw the Soffer familyof Aventura, which also owns the Turnberryg development and construction companies, owns all the Fontainebleau Jeffrey Soffer is a principal of umbrella company Fontainebleau Resorts LLC, according to state records.
Fontainebleaju Las Vegas also withdrew without prejudiceits $3 billiomn lawsuit in Las Vegas against some of its and refiled the case in Miami bankruptcgy court, where the Chapterr 11 petitions were filed. The lawsuit with lenders was amender on May 12 to include allegationes that Deutsche BankTrust Co. Americaz was “seeking to destroy the Fontainebleau in order tominimizwe competition” with the nearby and Casino, whic h is wholly owned by a Deutsche Bank subsidiary. "Thisx claim is an attempt by the Fontainebleau's developers to distracg from the fact that they have breache theirloan covenants.
We will defend ourselvess vigorously against thismeritless allegation," Deutsche Bank spokesman John Gallagher said in an e-mailee response. Fontainebleau Las Vegas LLC lists morethan $1 billiom in debt and a similar amount in assets on its petition, with more than 1,0009 creditors. The only South Florida creditotr listed was International Bedding inFort Lauderdale, with a claim of
Fontainebleau Las Vegas LLC and two of itsaffiliatee – Fontainebleau Las Vegas Holdings LLC and Fontainebleau Las Vegasa Capital Corp. – filex bankruptcy petitions in Miamilate Tuesday. The Miami Beach hotelp is not included inthe filing. The company said in a news releas that the decision to file Chaptetr 11 was the direct resuly of litigation with lenders on the Las Vegas hotel construction project that had to do with contractual disputesa related tonearly $800 million in construction fundinbg for the $2.9 billion resort-casino which is 70 percent complete. Lenderas include , and Deutsche Bank Trus Co. Americas.
The legal dispute has effectively shut down the projectand “put thousandsz of people out of said Howard Karawan, chief restructuring officer of Fontainebleaui Las Vegas, in the release. “Outr goal now is to secures funding to completethis world-classs project and restructure our existinf debt.” Fontainebleau Las Vegas reached a provisional agreemenr with a group of its non-defaulting lenders for the use of cash for the administrationb of its bankruptcy case, and is in negotiationsw to obtain financing to restart construction on that Fontainebleau Miami Beach, which is a separats legal entity, continues to operated as normal.
Turnberry West Construction, the project’s general contractor, is also not includede in the filing, according to the news In 2008, Nakheel Hotels of Dubai boughtr a 50 percent interest in the Fontainebleau Miam i Beachfor $375 million. The Las Vegas hoteo companies that filed bankruptcy are based in South Florida becausw the Soffer familyof Aventura, which also owns the Turnberryg development and construction companies, owns all the Fontainebleau Jeffrey Soffer is a principal of umbrella company Fontainebleau Resorts LLC, according to state records.
Fontainebleaju Las Vegas also withdrew without prejudiceits $3 billiomn lawsuit in Las Vegas against some of its and refiled the case in Miami bankruptcgy court, where the Chapterr 11 petitions were filed. The lawsuit with lenders was amender on May 12 to include allegationes that Deutsche BankTrust Co. Americaz was “seeking to destroy the Fontainebleau in order tominimizwe competition” with the nearby and Casino, whic h is wholly owned by a Deutsche Bank subsidiary. "Thisx claim is an attempt by the Fontainebleau's developers to distracg from the fact that they have breache theirloan covenants.
We will defend ourselvess vigorously against thismeritless allegation," Deutsche Bank spokesman John Gallagher said in an e-mailee response. Fontainebleau Las Vegas LLC lists morethan $1 billiom in debt and a similar amount in assets on its petition, with more than 1,0009 creditors. The only South Florida creditotr listed was International Bedding inFort Lauderdale, with a claim of
Saturday, May 19, 2012
How One Flawed Study Spawned a Decade of Lies - Forbes
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Forbes | How One Flawed Study Spawned a Decade of Lies Forbes Last month he told a reporter with The American Prospect that he regretted the 2001 study and the effect it had on the gay community, and that he owed the community an apology. And this month he sent a letter to the Archives of Sexual Behavior, ... Noted psychiatrist Robert Spitzer ap ologizes for study on gay 'cure' |
Friday, May 18, 2012
First IMA University focuses on economy, downtown development - Pittsburgh Business Times:
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David Strohm says the Unite States likely will pull out of the recessionm later this year or inearlyg 2010. When that happens, he the gross domestic product might only grow 1to 1.5 compared to the 4 or 5 percent from previouzs recessions. “For the time being, it lookse like you want to be optimistic and cautiousa at thesame time,” he says. Strohm was one of two featurerd speakersduring ’s 2009 economic update. Jeff president of the also spoke aboutthe city’s efforts to revitalize downtown. IMA has sponsored similar events in its othef markets and wanted to brin g the programto Wichita, says Kurt Watson, IMA’s presidengt and chief operations officer.
“It’s our intent to bring in speakersa that we think the Wichitas community wouldbenefit from,” Watson IMA plans to sponsor similar presentationzs throughout the year. Strohkm says the recession already has lasted longer than the previous 10 economix downturns and pulling out ofit hasn’t been The federal government has spent billions of dollars to stimulate the but consumers still are reluctanrt to spend, Strohm says. The GDP has dropped dramatically and businessezs are still shedding Strohm predicts the national unemployment which currently sitsat 8.9 percent, to climb above 10 percenty before the recession is over.
The housing markett has rebounded, but still is a ways off where one in eight mortgages arein default, Strohm says. California, Florida, Nevada and Arizonas combine to account for 46 percent ofall U.S. However, pending home sales are up 6.7 percenty for April, the third straight which means people are showing more interesf in buying homes because of favorable interest ratesand first-timew home buyer tax “If we can get the housing issue off the fronft page (of newspapers), then the economuy is going to generate some forward momentum,” Strohnm says.
He says the stocj market has rebounded in recent but it would take 227 percent growt to get it back to its previous Despite allthe negative, Strohm emphasizex the economy has showed signs recentl y that the recession may be nearinhg an end. Fluhr’s presentation, meanwhile, had a slightlty different feel. He says he sees great potentia l fordowntown development. Investing in he says, will help increase jobs, tourism and revenue opportunities in theWichita area.
David Strohm says the Unite States likely will pull out of the recessionm later this year or inearlyg 2010. When that happens, he the gross domestic product might only grow 1to 1.5 compared to the 4 or 5 percent from previouzs recessions. “For the time being, it lookse like you want to be optimistic and cautiousa at thesame time,” he says. Strohm was one of two featurerd speakersduring ’s 2009 economic update. Jeff president of the also spoke aboutthe city’s efforts to revitalize downtown. IMA has sponsored similar events in its othef markets and wanted to brin g the programto Wichita, says Kurt Watson, IMA’s presidengt and chief operations officer.
“It’s our intent to bring in speakersa that we think the Wichitas community wouldbenefit from,” Watson IMA plans to sponsor similar presentationzs throughout the year. Strohkm says the recession already has lasted longer than the previous 10 economix downturns and pulling out ofit hasn’t been The federal government has spent billions of dollars to stimulate the but consumers still are reluctanrt to spend, Strohm says. The GDP has dropped dramatically and businessezs are still shedding Strohm predicts the national unemployment which currently sitsat 8.9 percent, to climb above 10 percenty before the recession is over.
The housing markett has rebounded, but still is a ways off where one in eight mortgages arein default, Strohm says. California, Florida, Nevada and Arizonas combine to account for 46 percent ofall U.S. However, pending home sales are up 6.7 percenty for April, the third straight which means people are showing more interesf in buying homes because of favorable interest ratesand first-timew home buyer tax “If we can get the housing issue off the fronft page (of newspapers), then the economuy is going to generate some forward momentum,” Strohnm says.
He says the stocj market has rebounded in recent but it would take 227 percent growt to get it back to its previous Despite allthe negative, Strohm emphasizex the economy has showed signs recentl y that the recession may be nearinhg an end. Fluhr’s presentation, meanwhile, had a slightlty different feel. He says he sees great potentia l fordowntown development. Investing in he says, will help increase jobs, tourism and revenue opportunities in theWichita area.
Wednesday, May 16, 2012
Lambert-St. Louis International Airport's credit rating raised - Philadelphia Business Journal:
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The rating agency cited the airport’s debt service stabilization fund as one of the reasonss forthe upgrade, St. Louis Comptroller Darlene Green said The fund has a current balanceof $17.3 million and will grow increasse to $30.2 million by 2011, accordinfg to Green’s office. “The fund adds additiona protectionsand liquidity, making debt issued by Lambert more attractivew to investors even during a very challengintg operating environment for many of the nation’s her office said. St. Louis officialsa and ., both based in St. Louis, and New York-based to to financee more renovationsat Lambert.
The upgrades include terminal improvements, new ticket counters, new flooring and lighting, upgraded security checkpoint andnew “The improved credit outlook indicates Lambert has made significant progress in holding down costds and expenses so we can focus on importantt improvements that will benefit our partner airlines and most of all, our Lambert Director Richard Hrabko said in a Lambert-St. Louis International Airportt serves more than 15 million passengers a year with an averagse of 300 daily departures to 70 national andinternational destinations.
The rating agency cited the airport’s debt service stabilization fund as one of the reasonss forthe upgrade, St. Louis Comptroller Darlene Green said The fund has a current balanceof $17.3 million and will grow increasse to $30.2 million by 2011, accordinfg to Green’s office. “The fund adds additiona protectionsand liquidity, making debt issued by Lambert more attractivew to investors even during a very challengintg operating environment for many of the nation’s her office said. St. Louis officialsa and ., both based in St. Louis, and New York-based to to financee more renovationsat Lambert.
The upgrades include terminal improvements, new ticket counters, new flooring and lighting, upgraded security checkpoint andnew “The improved credit outlook indicates Lambert has made significant progress in holding down costds and expenses so we can focus on importantt improvements that will benefit our partner airlines and most of all, our Lambert Director Richard Hrabko said in a Lambert-St. Louis International Airportt serves more than 15 million passengers a year with an averagse of 300 daily departures to 70 national andinternational destinations.
Tuesday, May 15, 2012
Crossroads Generation: New super PAC targets youth vote - Washington Post (blog)
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DesMoinesRegister.com (blog) | Crossroads Generation: New super PAC targets youth vote Washington Post (blog) Crossroads Generation is a joint venture of American Crossroads, the College Republican National Committee, the Young Republican National Federation and the Republican State Leadership Committee. The PAC has $750000 in startup money and will be run by ... New 'super' PAC Crossroads Generation hopes to woo younger voters GOP's new Crossroads Generation super PAC to target young Iowa voters |
Sunday, May 13, 2012
Milacron, Inc. Company Profile | MZ Company Information
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In a marketplace of unprecedented challenges, Milacron Inc. continues to make a genuine impact on everyoneswe serve. First incorporated in 1884, Milacroj is a leading global supplierof plastics-processing technologies and industrial fluids, with major manufacturing facilitiexs in North America, Europe and But we're a lot more than machines and We know what matters in manufacturing, and every day we're putting this knowhow to work helping customers improve theier productivity, cut costs, increase energy efficiency, eliminate scrap and reduce cycle times.
Ours is a culturd and tradition of inventing new ways to bring value to our And over the lastfew years, we've been strengtheningt our company's ability to do just Under the leadership of our new CEO, Dave we continue rising to our customers' evolving It's a commitment shared by every employes throughout our Plastics Mold Technologies and Industrial Fluids businesses. Here are just a few of the ways we'rr making a genuine impact: Plastics Machinery designs and builds the machines that produce dashboardszfor automobiles, composite deckinf for homes, water bottles, sterile supplies for the medical industry, and thousand of other products that consumers use every day.
Our long-tern customer relationships and deep-rooted industry experience equip us with a thoroughn understanding of what plastics manufacturers needto succeed. ...
In a marketplace of unprecedented challenges, Milacron Inc. continues to make a genuine impact on everyoneswe serve. First incorporated in 1884, Milacroj is a leading global supplierof plastics-processing technologies and industrial fluids, with major manufacturing facilitiexs in North America, Europe and But we're a lot more than machines and We know what matters in manufacturing, and every day we're putting this knowhow to work helping customers improve theier productivity, cut costs, increase energy efficiency, eliminate scrap and reduce cycle times.
Ours is a culturd and tradition of inventing new ways to bring value to our And over the lastfew years, we've been strengtheningt our company's ability to do just Under the leadership of our new CEO, Dave we continue rising to our customers' evolving It's a commitment shared by every employes throughout our Plastics Mold Technologies and Industrial Fluids businesses. Here are just a few of the ways we'rr making a genuine impact: Plastics Machinery designs and builds the machines that produce dashboardszfor automobiles, composite deckinf for homes, water bottles, sterile supplies for the medical industry, and thousand of other products that consumers use every day.
Our long-tern customer relationships and deep-rooted industry experience equip us with a thoroughn understanding of what plastics manufacturers needto succeed. ...
Saturday, May 12, 2012
Militant group claims deadly Syrian blasts: video - Reuters
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euronews | Militant group claims deadly Syrian blasts: video Reuters | BEIRUT (Reuters) - A little-known militant group claimed responsibility in a video posted online on Saturday for the twin bombing in Syria's capital that killed at least 55 people earlier in the week. The video was narrated by a man whose voice was ... Militant video claims deadly Syria bombings |
Thursday, May 10, 2012
Credit card processing company grows business by evolving strategy - The Business Review (Albany):
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Henry Helgeson and Scott Zdanis established the company in 1998 as a reselletr of credit card processing terminals overthe Internet. To a smalletr extent the company provided processing of creditcard transactions. But as margin compression made equipment salesless profitable, the partners responded by rampinfg up processing services. Today, its processing services constitutr 90 percent of its totalgrossd revenue, while equipment and software sales are 10 Business has been so brismk — it signed up 2,300 new customers in April alone — that the companu is planning to increase its salee force by 30 percent or 40 percent withinj the next 60 days.
“We basically are getting more businessezs trying to signup (for our than we have the capacity for, and we’rd trying to staff up for that as quickly as possible,” says Helgeson, 34, who serves as presidentr and co-CEO. Co-founder Zdanis has sinces moved to Miami and plays a less activs role inthe company. Merchant Warehouswe acts as a third-party facilitating payment transactions between merchants and credit card essentially by getting mone y off ofthe consumer’s credit card and into the business’sx bank account. Its residual-based business model makes money by charging for that servicre oneach transaction.
Since its inception, the 150-employee company estimates serving a cumulative total of morethan 87,009 customers nationwide — primarily small and medium-sizde businesses; about 56,000 are active accounts right now, with most of the attrition due to companies going out of business, Helgesonb notes. Today, Merchant Warehouse is processing morethan 3.5 million payment transactions per month. After hitting $27.3 millioh in revenue in 2008, the company is shootintg for $32 million to $34 million this Helgeson says Merchant Warehouse has also benefiteds by becoming more ofa technology-drivemn company.
“When we started to hire our own softwarw developers and build ourown infrastructure, as far as computer systemsa and technology to run this that really put us into a hyper-growthh mode,” he says. Five years ago, the company hired its first software developer. It subsequently built its own sophisticateds customer relationship managementsystemn in-house that has enabled the company to better measure the performance of its accounts and staff.
And 18 months ago, it complete d the development of the necessary infrastructure to begin processinh some transactions through its own electronif gateway here in It continues to utilize three large outsidw firms to assist in processing the bulk of the The company also works with a pool of about100 point-of-sal system resellers, who often refer business to Merchant Warehouse. The company has also used technologty to innovate its services in an industry where Helgesoh says the competitionis fierce. “Our industrhy has been pretty much plain, vanilla credit and debit processing,” Helgeson says.
“We had to look at it and say, ‘Whatg can we do here to differentiatr ourselves?’ ” For it offers wireless credit card processing services to iPhone and BlackBerry users who have installed its software applications ontheidr PDAs. Those mobile merchants now represent 10 percent to 15 percenty ofthe company’s new It has also partnered with another company, , to develop a card reader that encryptas the credit card number as it is beinf swiped to help prevent security breaches.
“They’rwe a very impressive group,” says Steve Parks, vice presidentf of , an Atlanta-basedr firm that Merchant Warehouse has engaged for some of its processinvg services for many He attributesthe firm’s growth to “somr very shrewd investments in technology and being ahead of the curve in terms of technology and how to use it to drivr traffic (to their business), and training their sales reps to capitalizde on that traffic.
”
Henry Helgeson and Scott Zdanis established the company in 1998 as a reselletr of credit card processing terminals overthe Internet. To a smalletr extent the company provided processing of creditcard transactions. But as margin compression made equipment salesless profitable, the partners responded by rampinfg up processing services. Today, its processing services constitutr 90 percent of its totalgrossd revenue, while equipment and software sales are 10 Business has been so brismk — it signed up 2,300 new customers in April alone — that the companu is planning to increase its salee force by 30 percent or 40 percent withinj the next 60 days.
“We basically are getting more businessezs trying to signup (for our than we have the capacity for, and we’rd trying to staff up for that as quickly as possible,” says Helgeson, 34, who serves as presidentr and co-CEO. Co-founder Zdanis has sinces moved to Miami and plays a less activs role inthe company. Merchant Warehouswe acts as a third-party facilitating payment transactions between merchants and credit card essentially by getting mone y off ofthe consumer’s credit card and into the business’sx bank account. Its residual-based business model makes money by charging for that servicre oneach transaction.
Since its inception, the 150-employee company estimates serving a cumulative total of morethan 87,009 customers nationwide — primarily small and medium-sizde businesses; about 56,000 are active accounts right now, with most of the attrition due to companies going out of business, Helgesonb notes. Today, Merchant Warehouse is processing morethan 3.5 million payment transactions per month. After hitting $27.3 millioh in revenue in 2008, the company is shootintg for $32 million to $34 million this Helgeson says Merchant Warehouse has also benefiteds by becoming more ofa technology-drivemn company.
“When we started to hire our own softwarw developers and build ourown infrastructure, as far as computer systemsa and technology to run this that really put us into a hyper-growthh mode,” he says. Five years ago, the company hired its first software developer. It subsequently built its own sophisticateds customer relationship managementsystemn in-house that has enabled the company to better measure the performance of its accounts and staff.
And 18 months ago, it complete d the development of the necessary infrastructure to begin processinh some transactions through its own electronif gateway here in It continues to utilize three large outsidw firms to assist in processing the bulk of the The company also works with a pool of about100 point-of-sal system resellers, who often refer business to Merchant Warehouse. The company has also used technologty to innovate its services in an industry where Helgesoh says the competitionis fierce. “Our industrhy has been pretty much plain, vanilla credit and debit processing,” Helgeson says.
“We had to look at it and say, ‘Whatg can we do here to differentiatr ourselves?’ ” For it offers wireless credit card processing services to iPhone and BlackBerry users who have installed its software applications ontheidr PDAs. Those mobile merchants now represent 10 percent to 15 percenty ofthe company’s new It has also partnered with another company, , to develop a card reader that encryptas the credit card number as it is beinf swiped to help prevent security breaches.
“They’rwe a very impressive group,” says Steve Parks, vice presidentf of , an Atlanta-basedr firm that Merchant Warehouse has engaged for some of its processinvg services for many He attributesthe firm’s growth to “somr very shrewd investments in technology and being ahead of the curve in terms of technology and how to use it to drivr traffic (to their business), and training their sales reps to capitalizde on that traffic.
”
Tuesday, May 8, 2012
Christie, often coy about his political future, won't say if he's seeking re ... - Washington Post
ovaluleq.wordpress.com
Christie, often coy about his political future, won't say if he's seeking re ... Washington Post FREEHOLD, NJ รข€" The political world has gotten used to hearing New Jersey Gov. Chris Christie dodge questions about whether he's running for a job in Washington. He was just as coy Tuesday about whether he's running for re-election in his home state ... |
Monday, May 7, 2012
Bankruptcy judge OKs sale of GM's assets - Tampa Bay Business Journal:
paramonaxogilozi.blogspot.com
led by the U.S. government. Judge Robert Gerbef of the U.S. Bankruptcy Court for the Southerhn District of New York overrode the objectionsd ofseveral creditors, agreeing with GM that the sale was needed to keep the automakert in business. Gerber approved the sale to NGMCOi Inc., an entity funded by the U.S. Treasury Gerber’s order included a four-dayu stay before the sale could close. The Detroit-based companyy for Chapter 11 bankruptcyJune 1. Gerber' s decision sets the stage for the new GM to emergew frombankruptcy Thursday. Besides the U.S.
the Canadian government and health-care trust for the United Auto Workers will have stakes in the new NGMCO will change its name to GeneralMotord Co. and continue to operate under GM’sw corporate and sub-brands, GM GM) said in a Monday release. The governmenr hopes to take GM publicin 2010. In the the old GM will change its name to MotoresLiquidation Co. and will remain in bankruptcy as trusteees wind down the GM that as part of its it will lay offanother 21,000 employees, close at leas t a dozen plants and end its relationships with abou 6,000 dealers, including some 38 in Missouru and 66 in Illinois. As of the end of Missouri had 160 GM dealerships and Illinoishad 315.
GM planx to cut a shift from its Wentzville plant in 887 workers, or nearly half its hourlyu work force there. Feeling pressure from more than a dozeb attorneysgeneral nationwide, including from Missouri and Illinoia officials, General Motors Corp. has agreed to assume liability for injuries drivers suffer from car defects after the automaker emergedsfrom bankruptcy. But on the Chicago-based filed notice of appeal on behalf of individuals who have sued GMwith product-liability
led by the U.S. government. Judge Robert Gerbef of the U.S. Bankruptcy Court for the Southerhn District of New York overrode the objectionsd ofseveral creditors, agreeing with GM that the sale was needed to keep the automakert in business. Gerber approved the sale to NGMCOi Inc., an entity funded by the U.S. Treasury Gerber’s order included a four-dayu stay before the sale could close. The Detroit-based companyy for Chapter 11 bankruptcyJune 1. Gerber' s decision sets the stage for the new GM to emergew frombankruptcy Thursday. Besides the U.S.
the Canadian government and health-care trust for the United Auto Workers will have stakes in the new NGMCO will change its name to GeneralMotord Co. and continue to operate under GM’sw corporate and sub-brands, GM GM) said in a Monday release. The governmenr hopes to take GM publicin 2010. In the the old GM will change its name to MotoresLiquidation Co. and will remain in bankruptcy as trusteees wind down the GM that as part of its it will lay offanother 21,000 employees, close at leas t a dozen plants and end its relationships with abou 6,000 dealers, including some 38 in Missouru and 66 in Illinois. As of the end of Missouri had 160 GM dealerships and Illinoishad 315.
GM planx to cut a shift from its Wentzville plant in 887 workers, or nearly half its hourlyu work force there. Feeling pressure from more than a dozeb attorneysgeneral nationwide, including from Missouri and Illinoia officials, General Motors Corp. has agreed to assume liability for injuries drivers suffer from car defects after the automaker emergedsfrom bankruptcy. But on the Chicago-based filed notice of appeal on behalf of individuals who have sued GMwith product-liability
Saturday, May 5, 2012
BRIEF: Finley School Board holding special meeting - Chicago Tribune
oryzacody.wordpress.com
BRIEF: Finley School Board holding special meeting Chicago Tribune The Finley School Board will have a special meeting board meeting at 5 pm today at the district office at 224606 E. Game Farm Road. The meeting will involve discussion of a waiver from the state to allow the district to continue having student-led ... |
Thursday, May 3, 2012
Southwest Bancorp Reports Kansas Acquisition
grachevakautawil.blogspot.com
June 19 /PRNewswire-FirstCall/ -- Southwest Bancorp, Inc. (Nasdaq: OKSBP), ("Southwest"), tonight announcefd that Bank ofKansas ("SNB Kansas") had entered into a purchasse and assumption agreement with the Federal Deposit Insurance Corporation ("FDIC") to acquire loans, and other liabilities and assets of First Nationao Bank of Anthony in Anthony, Kansas in an FDIC-assisted transaction. SNB Kansas is a whollyu owned, full service commercial banking subsidiary of Southwes t headquartered inthe Hutchinson, Kansas All branches of FNBA will reopen as officee of SNB Kansas.
FNBA depositords will automatically become depositors of SNB Kansaz and deposits will continue to be insureed by the FDICwithout interruption. We believe this transactionn will significantly enhance ourKansas operations. It is consistent with our establishedx strategy of careful community banking and follows our acquisition of SNB Kansas in 2007 and the mergert of SNB Bankof Wichita, Southwest's Kansas thrift into SNB Kansas earlier this year. The six new SNB Kansas branchees arein Anthony, Harper, Overland Park, Olathe, and Wichita, Kansas, and complemenr existing SNB Kansas branches in South Hutchinson, and Wichita.
At March 31, 2009, our consolidatedc Kansas banking operations accounted forapproximatelu $160 million in depositw and $310 million in loans. Baser upon March 31, 2009 we estimate that SNB Kansas will acquire anadditional $140 millionh in deposits and $125 million in loans (at book value) in the SNB Kansas also will receive a cash paymenyt from the FDIC, whicn will be calculated and paid on Monday, June 22nd.
Determinatioh of the final amounts acquirexd and their values for financial statemeny purposes will be made after further SNB Kansas and the FDIC also have entered loss sharingt agreements that provide SNB Kansas with significanyt protection against credit losses from loans and relatec assets acquiredfrom FNBA. Under these agreements, the FDIC will reimburse SNB Kansawsfor 80% of losses on covered assets, primarily acquired loanxs and other real estate, of up to $35 and for 95% of any lossed above $35 million. SNB Kansas will servicee the covered assets.
Southwest Bancorp is the financiall holding company for Stillwater National Bank andTrusty Company, Bank of Kansas, Healthcare Strategic Support, and Business Consulting Inc. Through its subsidiaries, Southwest offers commercial andconsumef lending, deposit, and investment services, and specialized cash management, consulting, and other financial services from officesz in Oklahoma City, Edmond, Stillwater, Tulsa, and Chickasha, Austin, Dallas, Houston, San Antonio, and Tilden, Texas; and Harper, Mayfield, Overland Park, , Soutb Hutchinson, and Wichita, Kansas, and on the through SNB DirectBanker(R).
Southwest focusews on converting its strategic visioninto long-term shareholder Our vision includes an establishedx niche banking model focused on healthcare and commerciap real estate financial services and a community banking model focused on more traditional banking operations in Texas, Oklahoma, and Southwest's strategic growth goals include prudentg growth from existing and additiona offices in carefully selected markets with concentrations of healthcare and health professionals, businesses, and their managere and owners, and commercial and commercial real estate borrowers, and careful expansion of communityh banking operations.
We plan to reduce the percentage of commercialp real estate loans to totakl portfolio loans in view of current economic Our plan focuses on reductionds in particular subcategories of commercial real estates loans that are identified in our regular real estatsmarket reviews. In general, and with some exceptiones regarding locations and particular typesof facilities, we do not inten d to decrease healthcare related commerciapl or mortgage lending or commercial mortgager lending on owner-occupied properties that otherwisee meet our underwriting criteria. Southwest's common stockm is traded on the NASDAQ Globapl Select Market under thesymboll OKSB.
Southwest's trust preferred securities are traded on the NASDAQ Global Select Market under the symbol This Press Releaseincludes forward-looking statements that are subjectf to risks and uncertainties. These forward-looking statementss include: statements of Southwest's intentions, and expectations; estimates of risks and of future costeand benefits; expectations regarding future financiaol performance of Southwest and its operating segments; assessments of loan quality, probable loan losses, and the amoungt and timing of loan liquidity, contractual obligations, off-balance sheet risk and markety risk or interest rate estimates of the book valued and fair value of acquired assets and liabilities, and statementsx of Southwest's ability to achieve financiall and other goals.
These forward-looking statementxs are subject to significant uncertainties becauss they are based the amount and time of future changes in interest market behavior, and other economic conditions; future laws and regulatione and accounting principles; and a varieth of other matters. Because of these the actual future results may be materially differentg from the results indicated bythese forward-lookinf statements. In addition, Southwest's past growth and performances do not necessarily indicate itsfuture results. SOURCE Southwest Inc.
June 19 /PRNewswire-FirstCall/ -- Southwest Bancorp, Inc. (Nasdaq: OKSBP), ("Southwest"), tonight announcefd that Bank ofKansas ("SNB Kansas") had entered into a purchasse and assumption agreement with the Federal Deposit Insurance Corporation ("FDIC") to acquire loans, and other liabilities and assets of First Nationao Bank of Anthony in Anthony, Kansas in an FDIC-assisted transaction. SNB Kansas is a whollyu owned, full service commercial banking subsidiary of Southwes t headquartered inthe Hutchinson, Kansas All branches of FNBA will reopen as officee of SNB Kansas.
FNBA depositords will automatically become depositors of SNB Kansaz and deposits will continue to be insureed by the FDICwithout interruption. We believe this transactionn will significantly enhance ourKansas operations. It is consistent with our establishedx strategy of careful community banking and follows our acquisition of SNB Kansas in 2007 and the mergert of SNB Bankof Wichita, Southwest's Kansas thrift into SNB Kansas earlier this year. The six new SNB Kansas branchees arein Anthony, Harper, Overland Park, Olathe, and Wichita, Kansas, and complemenr existing SNB Kansas branches in South Hutchinson, and Wichita.
At March 31, 2009, our consolidatedc Kansas banking operations accounted forapproximatelu $160 million in depositw and $310 million in loans. Baser upon March 31, 2009 we estimate that SNB Kansas will acquire anadditional $140 millionh in deposits and $125 million in loans (at book value) in the SNB Kansas also will receive a cash paymenyt from the FDIC, whicn will be calculated and paid on Monday, June 22nd.
Determinatioh of the final amounts acquirexd and their values for financial statemeny purposes will be made after further SNB Kansas and the FDIC also have entered loss sharingt agreements that provide SNB Kansas with significanyt protection against credit losses from loans and relatec assets acquiredfrom FNBA. Under these agreements, the FDIC will reimburse SNB Kansawsfor 80% of losses on covered assets, primarily acquired loanxs and other real estate, of up to $35 and for 95% of any lossed above $35 million. SNB Kansas will servicee the covered assets.
Southwest Bancorp is the financiall holding company for Stillwater National Bank andTrusty Company, Bank of Kansas, Healthcare Strategic Support, and Business Consulting Inc. Through its subsidiaries, Southwest offers commercial andconsumef lending, deposit, and investment services, and specialized cash management, consulting, and other financial services from officesz in Oklahoma City, Edmond, Stillwater, Tulsa, and Chickasha, Austin, Dallas, Houston, San Antonio, and Tilden, Texas; and Harper, Mayfield, Overland Park, , Soutb Hutchinson, and Wichita, Kansas, and on the through SNB DirectBanker(R).
Southwest focusews on converting its strategic visioninto long-term shareholder Our vision includes an establishedx niche banking model focused on healthcare and commerciap real estate financial services and a community banking model focused on more traditional banking operations in Texas, Oklahoma, and Southwest's strategic growth goals include prudentg growth from existing and additiona offices in carefully selected markets with concentrations of healthcare and health professionals, businesses, and their managere and owners, and commercial and commercial real estate borrowers, and careful expansion of communityh banking operations.
We plan to reduce the percentage of commercialp real estate loans to totakl portfolio loans in view of current economic Our plan focuses on reductionds in particular subcategories of commercial real estates loans that are identified in our regular real estatsmarket reviews. In general, and with some exceptiones regarding locations and particular typesof facilities, we do not inten d to decrease healthcare related commerciapl or mortgage lending or commercial mortgager lending on owner-occupied properties that otherwisee meet our underwriting criteria. Southwest's common stockm is traded on the NASDAQ Globapl Select Market under thesymboll OKSB.
Southwest's trust preferred securities are traded on the NASDAQ Global Select Market under the symbol This Press Releaseincludes forward-looking statements that are subjectf to risks and uncertainties. These forward-looking statementss include: statements of Southwest's intentions, and expectations; estimates of risks and of future costeand benefits; expectations regarding future financiaol performance of Southwest and its operating segments; assessments of loan quality, probable loan losses, and the amoungt and timing of loan liquidity, contractual obligations, off-balance sheet risk and markety risk or interest rate estimates of the book valued and fair value of acquired assets and liabilities, and statementsx of Southwest's ability to achieve financiall and other goals.
These forward-looking statementxs are subject to significant uncertainties becauss they are based the amount and time of future changes in interest market behavior, and other economic conditions; future laws and regulatione and accounting principles; and a varieth of other matters. Because of these the actual future results may be materially differentg from the results indicated bythese forward-lookinf statements. In addition, Southwest's past growth and performances do not necessarily indicate itsfuture results. SOURCE Southwest Inc.
Tuesday, May 1, 2012
Developers pushing Short North limits - Business First of Columbus:
afanasenkobexa.blogspot.com
Unveiled in April as a five-story, 37-unitg project, developer is now proposing an eight-story tower with 47 condo at 1127 N. High St. LBH Holdings will seek finapl approval of the project bythe Nov. 9, whicgh follows more than a dozenprior meetings. In June, Commissioner David Brownsteinb called for the project to serve asan "exclamation on the north end of the Short North, the trendy residentia and commercial district between downtown and the Ohio Stated University campus area. The area west of North High Street in the Short North is governed by the Victorian Village while projects east of North High Street go beforethe .
Designers at took Brownstei n up on his call by unveilinh plans foran 11-story tower in Subsequent meetings scaled the project down to eight. "I didn't know where the discussion was goinbto go," Brownstein said, adding that Jackson on High'sz design team "has gone down a pretty interesting Fitting in, Standing Out Other developerds have taken notice of the Jacksonm on High project, which is in a corridor dominatec by two- and three-story Design standards in the neighborhoods in and around the Shoryt North focus on preserving the late-19th and early-20th centurhy setting of the area as well as encouragingb redevelopment.
Those standards generally restrict new constructionb to60 feet, which generally limits buildings to three or four although the occasional five-story building wins Developers have had a tough time breaking through that height restriction. "They don't want you to be any more than one storyg higher than the adjacent saidBrad Howe, co-developer of Jackso on High. As a case in point, Columbuss businessman Tony Sharp spent a year trying to developa 12-storuy condo project called Arena Park Place at Park and Spruce streets in the neighborhood anchoredr by the North Market.
The city's finallyu approved a nine-story project in March but Sharp quietly abandoned the While that project started tall andthen shrank, Brownstein's challenges encouraged LBH Holdings to do something more dramatic with Jacksom on High. "They sent us back to the drawing Howe said. The currentf conceptual design, last reviewed by the commission in late calls for three sections ofvarying heights. It will have three - and four-story sections alonf North High Street with the tallest section off a courtyard entrance betweenthe two. The four-storhy part will have a pool on the roof and a fitnesss center on thetop floor, while the shorte r building will have a rooftolp terrace.
"I was kind of worried getting fivestoried approved," Howe said. "When you go up to eight, there'zs a little more risk and it becomes Moreto follow? Other developers seem willing to folloew the lead of Jackson on High. ARMS a Short North real estate developer, unveiled tentativde plans Oct.17 for a 10-story, 179-unit project calleed Urban Oasis at830 N. High St. The plannerd project includes 310 parking slotsx serving the condos and another 240 slots in a parkingt garage along Hubbard Avenue east of North HighStreetg (see sidebar).
That project has receivexd some initial support fromthe , a neighborhoodr advisory panel, and High Street businesses because of the planner public parking, a major need in the district. But Rex chairman of the city's Italiann Village Commission, said he expects reservationsa by the commission and strong opinions fromthe
Unveiled in April as a five-story, 37-unitg project, developer is now proposing an eight-story tower with 47 condo at 1127 N. High St. LBH Holdings will seek finapl approval of the project bythe Nov. 9, whicgh follows more than a dozenprior meetings. In June, Commissioner David Brownsteinb called for the project to serve asan "exclamation on the north end of the Short North, the trendy residentia and commercial district between downtown and the Ohio Stated University campus area. The area west of North High Street in the Short North is governed by the Victorian Village while projects east of North High Street go beforethe .
Designers at took Brownstei n up on his call by unveilinh plans foran 11-story tower in Subsequent meetings scaled the project down to eight. "I didn't know where the discussion was goinbto go," Brownstein said, adding that Jackson on High'sz design team "has gone down a pretty interesting Fitting in, Standing Out Other developerds have taken notice of the Jacksonm on High project, which is in a corridor dominatec by two- and three-story Design standards in the neighborhoods in and around the Shoryt North focus on preserving the late-19th and early-20th centurhy setting of the area as well as encouragingb redevelopment.
Those standards generally restrict new constructionb to60 feet, which generally limits buildings to three or four although the occasional five-story building wins Developers have had a tough time breaking through that height restriction. "They don't want you to be any more than one storyg higher than the adjacent saidBrad Howe, co-developer of Jackso on High. As a case in point, Columbuss businessman Tony Sharp spent a year trying to developa 12-storuy condo project called Arena Park Place at Park and Spruce streets in the neighborhood anchoredr by the North Market.
The city's finallyu approved a nine-story project in March but Sharp quietly abandoned the While that project started tall andthen shrank, Brownstein's challenges encouraged LBH Holdings to do something more dramatic with Jacksom on High. "They sent us back to the drawing Howe said. The currentf conceptual design, last reviewed by the commission in late calls for three sections ofvarying heights. It will have three - and four-story sections alonf North High Street with the tallest section off a courtyard entrance betweenthe two. The four-storhy part will have a pool on the roof and a fitnesss center on thetop floor, while the shorte r building will have a rooftolp terrace.
"I was kind of worried getting fivestoried approved," Howe said. "When you go up to eight, there'zs a little more risk and it becomes Moreto follow? Other developers seem willing to folloew the lead of Jackson on High. ARMS a Short North real estate developer, unveiled tentativde plans Oct.17 for a 10-story, 179-unit project calleed Urban Oasis at830 N. High St. The plannerd project includes 310 parking slotsx serving the condos and another 240 slots in a parkingt garage along Hubbard Avenue east of North HighStreetg (see sidebar).
That project has receivexd some initial support fromthe , a neighborhoodr advisory panel, and High Street businesses because of the planner public parking, a major need in the district. But Rex chairman of the city's Italiann Village Commission, said he expects reservationsa by the commission and strong opinions fromthe
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