otomaqaqaba.blogspot.com
Jeff Pfeil and Deane Pfeil are opening latetr this summer at 63Third St., the same address where they renovated the upper four floors into 19 luxuru apartments called The Conservatory. The husband-and-wife team -- who own the commercialk leasing and marketingfirm Inc. in Saratoga Springa -- say a hardware storde is needed downtown to serve local businessesa and residents who must now travel miles away to buy equipment andother supplies. They know the frustratiob firsthand after doing two residential renovation projects in the the Conservatory and Powers Park Lofts innortn Troy. “Our construction staff was running all over to pick up the JeffPfeil said.
“We were spending a lot of time drivingg to Latham and I was haulinv a lot fromin Saratoga. We thought, there’s a void here.’” Trojan Hardware on Congress Street recently closed after 94 yeardin business, leaving downtown with no otherf hardware stores. The closesft is across the Hudson River in Watervliet or uptow n near the townof Brunswick. Pfeil Hardware will be part of inFort Ind., the nation’s seconc largest hardware co-operative. The store will be managef by Steven Lesnewskiof Pittsfield, Mass.
, who has more than 25 yeare of experience in the hardware The 8,700-square-foot store will stock hardware, small fasteners, electrical and plumbing Benjamin Moore paints and other products. It won’f sell lumber. The Pfeils have been planninvg the store for a As part of their research they visitef hardware stores in college towns and large cities to see what kinds of productwscustomers need. They also searched hard for someone to managrethe store. “The decision wasn’t final until we found the righgt person,” Pfeil said.
The Pfeils have been in the commerciak real estate and development business for more than20 years, but this will be the firstf time they will own a There’s a reason for that. “Because of all the year we worked with retailers very closelh we have a pretty thorouguh understandingof retail, that’s probablt why we never went into Jeff Pfeil said. “It’s sort of a joke, but retail is a lot of hard work, long hourw and all the things that comewith Still, they knew from personal experience a hardware storwe is needed and were encouraged by the resultsd of their marketing Finding a seasoned store manager was also critical.
Mayor Harry Tutunjian cheered the announcement aboutthe “Jeff and Deane Pfeilo have a record of success in Troy and I am sure that this new venture will succeed as well,” Tutunjian said. “The residents of Troy will benefit from havinv a well stocked urban hardwar e store in the heart ofthe city.” The opening of Pfeilk Hardware, which is tentativelh set for September, will return retailing to a downtown building that had long servede as the home of Stanley’ds department store. The building sat empty for years before the Pfeilsw bought it and converted the upper floorx into 19 luxury apartments they callThe Conservatory.
All but two of the apartments were occupied as ofJuly 1. The Pfeile declined to say how much they spentin start-u costs for the hardware store. Nor did they want to say how much they coulcd have received per square foot had they leased the firstr floor space toanother tenant. Lease rates in downtown Troy were $10 to $20 per square foot as of the fourth quarter of according to CBRichard Ellis/Albany.
Sunday, February 27, 2011
Friday, February 25, 2011
Gov. expects action in 2nd special session - Business First of Buffalo:
aleksanovlsys.blogspot.com
Senators are scheduled to try againmWednesday afternoon. Gov. Davi d Paterson has called a special legislativs session for3 p.m. Tuesdag was the first time in more than two weekw that the two sides had been in the chamber at thesame time. Senators have performefd no official business since the surprise uprising that Republicands led onJune 8, when two Democrat joined all 30 Republicans in an attempt to oust Sen. Malcolmj Smith, D-Queens, as majority One Democrat has since left the meaning there isa 31-3 1 split in the Senate. There is no way to breako a tie vote, because the state has no lieutenanf governor—the job Paterson vacated to replaceformere Gov. Eliot Spitzer last year.
The unprecedented battler for power has paralyzed thelegislative process. The two sides stil do not agree on who is in or whether the actions on June 8 were By law, Paterson has the powerr to compel legislators to meet in a specialp session. He also dictates whichu bills will be included onthe session’s The governor cannot, however, force legislators to vote on thosse bills. Democrats locked themselves in the Senate chambers ahead of in an attempt to preventthe Republican-led coalition from taking controlo of the gavel. When Republican they conducted their own sessiojn using asecond gavel, voting on billxs that were to be considered in the special session.
At 3 the special session begabn with Democrats and Republicans shouting over each holding two sessionsat once. Smith rose to say that Paterson’s office had not sent the Senate the bills to bevotesd on, with proper numbering. “There’sz nobody in this chamber holdingthe government’s business back. It’s the governor,” Smitgh said. Paterson later disputed that claim. Democrat and the Republican-led which includes Sen. Pedro Espada Jr. left the chamber. Democrats returned to vote on 14 billz that Paterson had placed onthe agenda. It’s unclear whether the votes were legal.
Democrats recordedd each vote asa 62-0 even though the Republican-led coalition was not in the chamberd for any of the “Senate Republicans showed they are so desperate for power, they triexd to prevent real work from gettingh done,” Democrats said in a statement. “Senate Republicansx again brought disgrace and shame to the Senate when they attemptedd to conduct another shamlegislative session.” Republicanse claim that the bills were passerd 62-0 earlier in the day, durint their own session. “This was a legal session,” Republicans said in a “While the Senate Democrat leadership triecd to disrupt thesession ...
their votes count and the billds passed. We are not Among the bills that Republicans and Democrats separately approved is the extension ofthe state’s Powetr for Jobs program until May 2010. The popular program provides low-cost electricity to 570 companies, includinh many upstate manufacturers, in exchange for pledges to create It is scheduled to end onJune 30. Any bills that legitimatel y passes the Senate would have to be voted on by the because they receive new identificationh numbers during aspecial session. Earluy Tuesday morning, the Assembly adjourned for summed vacation.
Paterson, furious, ripped legislatorws after the session ended on The special session he called for today has a different legislative agenda. “They should be punished for what they’ved done. They should stay here every day, like you Saturday, Sunday, July 4 and every other time,” Patersohn said. “Their conduct [Tuesday] was There’s really no more tolerance forthese excuses, games and miscarriagesx of the truth.” Paterson has offered to have the state’s top Jonathan Lippman, preside over a Senate sessionh simply to pass a series of bills, including routine extensions of saled tax rates in 36 counties across the state.
“Thaty should have sailed right through,” Paterson said. “For two weeks, thes legislators were paid, even though they didn’t conducft any business. So I’d think they’d be well-rested by now and willin to stay all night to passthe
Senators are scheduled to try againmWednesday afternoon. Gov. Davi d Paterson has called a special legislativs session for3 p.m. Tuesdag was the first time in more than two weekw that the two sides had been in the chamber at thesame time. Senators have performefd no official business since the surprise uprising that Republicands led onJune 8, when two Democrat joined all 30 Republicans in an attempt to oust Sen. Malcolmj Smith, D-Queens, as majority One Democrat has since left the meaning there isa 31-3 1 split in the Senate. There is no way to breako a tie vote, because the state has no lieutenanf governor—the job Paterson vacated to replaceformere Gov. Eliot Spitzer last year.
The unprecedented battler for power has paralyzed thelegislative process. The two sides stil do not agree on who is in or whether the actions on June 8 were By law, Paterson has the powerr to compel legislators to meet in a specialp session. He also dictates whichu bills will be included onthe session’s The governor cannot, however, force legislators to vote on thosse bills. Democrats locked themselves in the Senate chambers ahead of in an attempt to preventthe Republican-led coalition from taking controlo of the gavel. When Republican they conducted their own sessiojn using asecond gavel, voting on billxs that were to be considered in the special session.
At 3 the special session begabn with Democrats and Republicans shouting over each holding two sessionsat once. Smith rose to say that Paterson’s office had not sent the Senate the bills to bevotesd on, with proper numbering. “There’sz nobody in this chamber holdingthe government’s business back. It’s the governor,” Smitgh said. Paterson later disputed that claim. Democrat and the Republican-led which includes Sen. Pedro Espada Jr. left the chamber. Democrats returned to vote on 14 billz that Paterson had placed onthe agenda. It’s unclear whether the votes were legal.
Democrats recordedd each vote asa 62-0 even though the Republican-led coalition was not in the chamberd for any of the “Senate Republicans showed they are so desperate for power, they triexd to prevent real work from gettingh done,” Democrats said in a statement. “Senate Republicansx again brought disgrace and shame to the Senate when they attemptedd to conduct another shamlegislative session.” Republicanse claim that the bills were passerd 62-0 earlier in the day, durint their own session. “This was a legal session,” Republicans said in a “While the Senate Democrat leadership triecd to disrupt thesession ...
their votes count and the billds passed. We are not Among the bills that Republicans and Democrats separately approved is the extension ofthe state’s Powetr for Jobs program until May 2010. The popular program provides low-cost electricity to 570 companies, includinh many upstate manufacturers, in exchange for pledges to create It is scheduled to end onJune 30. Any bills that legitimatel y passes the Senate would have to be voted on by the because they receive new identificationh numbers during aspecial session. Earluy Tuesday morning, the Assembly adjourned for summed vacation.
Paterson, furious, ripped legislatorws after the session ended on The special session he called for today has a different legislative agenda. “They should be punished for what they’ved done. They should stay here every day, like you Saturday, Sunday, July 4 and every other time,” Patersohn said. “Their conduct [Tuesday] was There’s really no more tolerance forthese excuses, games and miscarriagesx of the truth.” Paterson has offered to have the state’s top Jonathan Lippman, preside over a Senate sessionh simply to pass a series of bills, including routine extensions of saled tax rates in 36 counties across the state.
“Thaty should have sailed right through,” Paterson said. “For two weeks, thes legislators were paid, even though they didn’t conducft any business. So I’d think they’d be well-rested by now and willin to stay all night to passthe
Tuesday, February 22, 2011
Lara Intercepts 40 Metres with 1.39% Copper at the Lara Project in Peru - Marketwire (press release)
rubber roof
Lara Intercepts 40 Metres with 1.39% Copper at the Lara Project in Peru Marketwire (press release) Highlights from these latest results are: Hole LA-10-32 - which intercepted 108 metres grading 0.81% copper and 0.015% molybdenum (0.90% copper equivalent "CuEq"), including 40 metres with an average grade of 1.39% Cu and 0.012% molybdenum (1.46% CuEq) ... Redzone Resources Intercepts 0.81% Copper and 0.015% Molybdenum (0.90% CuEq ... |
Sunday, February 20, 2011
Special ratings: Administrative efficiency - Pittsburgh Business Times:
steel roof
Among them is administrative efficiency. Aim: Identifhy districts that have tight budgetsx andlean staffs. Formula: Each district is assessed in threwe areas: (1) spending per pupil, (2) ratiop of pupils per administratived staffer, and (3) share of budget devoted to debt The best scores go to districtsx withlow spending, high pupil-staffer ratios, and small amountsx of debt service. Note: Administrativr efficiency is not the same asthe cost-effectivenesd rankings that will be released later this week. This categort reflects fiscal prudence, regardless of Cost-effectiveness links academic performanceand spending.
Rankings: District are ranked on a five-star scale from most efficienty (which receive five stars) to least efficient (one star). Each district’xs administrative efficiency rating is included in its profile in the printed version ofBusinesw First’s 2009-2010 Guide to Western New York Leader: Frontier has the leanest administration in Westerh New York, with one staffer for everyu 358.7 students. (The regional average is one per 163.) And debt servicre takes only 3.2 percent of Frontier’s budget. • 1. Frontier 2. Lancaster • 3. Letchworth • 4. Nortuh Tonawanda • 5. West Seneca • 6. Williamsville 7. Portville • 8. Cheektowaga-Maryvale 9.
Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora
Among them is administrative efficiency. Aim: Identifhy districts that have tight budgetsx andlean staffs. Formula: Each district is assessed in threwe areas: (1) spending per pupil, (2) ratiop of pupils per administratived staffer, and (3) share of budget devoted to debt The best scores go to districtsx withlow spending, high pupil-staffer ratios, and small amountsx of debt service. Note: Administrativr efficiency is not the same asthe cost-effectivenesd rankings that will be released later this week. This categort reflects fiscal prudence, regardless of Cost-effectiveness links academic performanceand spending.
Rankings: District are ranked on a five-star scale from most efficienty (which receive five stars) to least efficient (one star). Each district’xs administrative efficiency rating is included in its profile in the printed version ofBusinesw First’s 2009-2010 Guide to Western New York Leader: Frontier has the leanest administration in Westerh New York, with one staffer for everyu 358.7 students. (The regional average is one per 163.) And debt servicre takes only 3.2 percent of Frontier’s budget. • 1. Frontier 2. Lancaster • 3. Letchworth • 4. Nortuh Tonawanda • 5. West Seneca • 6. Williamsville 7. Portville • 8. Cheektowaga-Maryvale 9.
Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora
Thursday, February 17, 2011
RockPort fund signals 'coming of age' for clean-tech - Boston Business Journal:
http://www.openleft.com/user/Xender/
The Boston-based venture capital firm, whicn has emerged since its founding in 2000 as a top investoe inclean technology, closed its third and largesrt fund yet last week. The fund, which eclipses the firm's $125 million first fund and $261 million second fund is a positive signfor Massachusetts' growingb clean-technology startups, particularly during a time when the general capitapl markets are in turmoil, local industryy players said. "I think reallhy it bodes well for the vitality ofour clean-energ y sector in the state," said Mitch CEO of Wilmington-based , which raised $17.t5 million in a second round led by RockPortf Capital.
RockPort Capital, which invests only in clean-technology has made 40 different investmentssince 2000. Of seven were in Massachusetts-based companies. In the firm has investes around $280 million, with $72 million, or abouf 26 percent, ending up in the Now, with even more capital readily RockPort Capitalwill "look hard" at nearby said William "Wilber" James, a foundef and managing general partner at the firm.
"It'ds hugely interesting that a fund that's base in Boston -- not California -- has raised this amount of money," James said, adding that the size of the fund might spurmore "generalist" VC funds to allocate more dollars to the cleah technology sector. "We like to call it a cominh of ageof clean-tech," he That may be the case. The amount of equitgy raised by clean-tech companies has risen from aboutg $440 million in 2001 to nearlyy $2.6 billion in according to . In Massachusetts that number has risenj fromabout $50 million in 2001 to abougt $273 million in 2007.
But it's also a cominhg of age for RockPort The firm started off as boutique fund investint in anascent market, but its latestr fund is in the size typical of VCs with more divers e portfolios. With these developments, RockPort Capitak executives say it should be considered a VC firm insteax of a fringe fund despite only making investmentxs in asingular market. "We don't providre (consumers) their cell phones, but we do provide the batteries for theiercell phones," said Chuck McDermott, a general partne r at the firm, explaining how cleann technology extends across a variety of The arrival a fresh, large fund during an economic downturn "bodesz extremely well for Massachusetts.
It's an indicator that they believe there is the opportunity to move that amouny of money during the life ofthe fund," said Nick executive director of the . Just how much money will end up in the statreis unknown. Though the firm did estimate about 25 percent of the more interesting potentiapl deals landing on its desks are from companies locaterd in the NewEngland region.
The Boston-based venture capital firm, whicn has emerged since its founding in 2000 as a top investoe inclean technology, closed its third and largesrt fund yet last week. The fund, which eclipses the firm's $125 million first fund and $261 million second fund is a positive signfor Massachusetts' growingb clean-technology startups, particularly during a time when the general capitapl markets are in turmoil, local industryy players said. "I think reallhy it bodes well for the vitality ofour clean-energ y sector in the state," said Mitch CEO of Wilmington-based , which raised $17.t5 million in a second round led by RockPortf Capital.
RockPort Capital, which invests only in clean-technology has made 40 different investmentssince 2000. Of seven were in Massachusetts-based companies. In the firm has investes around $280 million, with $72 million, or abouf 26 percent, ending up in the Now, with even more capital readily RockPort Capitalwill "look hard" at nearby said William "Wilber" James, a foundef and managing general partner at the firm.
"It'ds hugely interesting that a fund that's base in Boston -- not California -- has raised this amount of money," James said, adding that the size of the fund might spurmore "generalist" VC funds to allocate more dollars to the cleah technology sector. "We like to call it a cominh of ageof clean-tech," he That may be the case. The amount of equitgy raised by clean-tech companies has risen from aboutg $440 million in 2001 to nearlyy $2.6 billion in according to . In Massachusetts that number has risenj fromabout $50 million in 2001 to abougt $273 million in 2007.
But it's also a cominhg of age for RockPort The firm started off as boutique fund investint in anascent market, but its latestr fund is in the size typical of VCs with more divers e portfolios. With these developments, RockPort Capitak executives say it should be considered a VC firm insteax of a fringe fund despite only making investmentxs in asingular market. "We don't providre (consumers) their cell phones, but we do provide the batteries for theiercell phones," said Chuck McDermott, a general partne r at the firm, explaining how cleann technology extends across a variety of The arrival a fresh, large fund during an economic downturn "bodesz extremely well for Massachusetts.
It's an indicator that they believe there is the opportunity to move that amouny of money during the life ofthe fund," said Nick executive director of the . Just how much money will end up in the statreis unknown. Though the firm did estimate about 25 percent of the more interesting potentiapl deals landing on its desks are from companies locaterd in the NewEngland region.
Tuesday, February 15, 2011
Federal Home Loan Bank of Seattle faces further scrutiny - Triangle Business Journal:
http://safetypriority.com/consulting.html
The bank’s primary regulator, the Federal Housing Finance has given the bank a preliminaru statusof “undercapitalized,” according to a regulatory filingh Wednesday. The bank had already that it hada $467 millioh capital deficiency at the end of as a result of soured investments in mortgage-backed securities. The Home Loan Bank now has 30 days to submi additional financial information befor e the agency makes a final determination about itscapitalo levels. If the bank’ds status remains “undercapitalized” by regulatory standards aftertthat time, it will have to map out a plan to increaswe capital levels and will also face tougherf oversight.
That could mean restrictions on stocj purchases anddividend payments, accordin to the Federal Housing Finance Agency. It’s unclear how increased regulatory oversight will affect the HomeLoan Bank’s 380 membeer financial institutions that rely on the bank for low-costr funding to lend to The bank declined to comment.
The bank’s primary regulator, the Federal Housing Finance has given the bank a preliminaru statusof “undercapitalized,” according to a regulatory filingh Wednesday. The bank had already that it hada $467 millioh capital deficiency at the end of as a result of soured investments in mortgage-backed securities. The Home Loan Bank now has 30 days to submi additional financial information befor e the agency makes a final determination about itscapitalo levels. If the bank’ds status remains “undercapitalized” by regulatory standards aftertthat time, it will have to map out a plan to increaswe capital levels and will also face tougherf oversight.
That could mean restrictions on stocj purchases anddividend payments, accordin to the Federal Housing Finance Agency. It’s unclear how increased regulatory oversight will affect the HomeLoan Bank’s 380 membeer financial institutions that rely on the bank for low-costr funding to lend to The bank declined to comment.
Saturday, February 12, 2011
Sprint Nextel sets opening-weekend sales records with Palm Pre - Kansas City Business Journal:
vanbeekdulejos1771.blogspot.com
That’s roughly 50,000 to 100,000 phones, analysts estimated. Sprintf launched the Palm Pre on breaking first-day and first-weekend sales records for a Sprint S) device, the company said in a release, thoughn it gave no specifics. More than 150,00o0 applications were downloadedfrom phone-maker ’s (Nasdaq: PALM) App Catalof on Saturday, according to a Monday blog entry on the Palm Web “Sprint is a very different company than it was 12 monthe ago,” Sprint CEO Dan Hesse said in the “Palm Pre is the coming-out partyt for the new Sprint.
” Sales in the first two days probabl exceeded 50,000 phones, compared with 146,000 for the first iPhone, whichb debuted in 2007, analyst Paul Costerf said in a Monday note abouf Palm. Sales probably were limited by manufacturing capacituy constraintsor Palm’s balance sheet, he Although Sprint analysts predicted strong sales this year and upgradesz by Sprint customers, some doubted that the Pre couldf help Sprint pull many customers from larger competitors (NYSE: T) and . Sprint, the No. 3 wirelesw carrier, has about 49 million analyst John Hodulik predicted that Sprint woulxdsell 1.
6 million Pre phones this year, which with cannibalization and 70 percent upgrades could mean the additiomn of 330,000 incremental gross subscribers. Analyst Christopher Larsen with labele d the phonethe “first true competitor to the “We believe its weekend launch was a success, but that the buzz and excitemenrt was well short of the initial launch of the iPhone,” he said in a Mondau note. The Pre has created plenty of buzz in the pastseveral months, though Palm and Sprint kept the device underf wraps.
The touch-screen smartphone features a slide-out keyboard and a new operatinyg system, webOS, that has the capacity for functionxs such as integrating contacts and calendars from multiple locationx and operating multiple applications Sprint hasn’t revealed how long it has the exclusivse on the phone but has confirmesd that it’s at least through the end of the Two days after the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S woulr launch June 19 for $199 with a two-year servicr contract. Prices of the current iPhon 3G have been cutto $99 with the The Pre sells for $200 aftetr a $100 mail-in rebate and with a two-year servicw contract.
Sprint said its Simply Everything which offersunlimited voice, data and texting, saves customers $1,200 or more compared with similar plan by competitors. Sprint has been orchestratingta turnaround, attempting to reverse several quarters of customee losses. The company lost about 4.1 million contract subscribers last Sprintranks No. 1 on the Kansasz City BusinessJournal ’s list of the area’s top public
That’s roughly 50,000 to 100,000 phones, analysts estimated. Sprintf launched the Palm Pre on breaking first-day and first-weekend sales records for a Sprint S) device, the company said in a release, thoughn it gave no specifics. More than 150,00o0 applications were downloadedfrom phone-maker ’s (Nasdaq: PALM) App Catalof on Saturday, according to a Monday blog entry on the Palm Web “Sprint is a very different company than it was 12 monthe ago,” Sprint CEO Dan Hesse said in the “Palm Pre is the coming-out partyt for the new Sprint.
” Sales in the first two days probabl exceeded 50,000 phones, compared with 146,000 for the first iPhone, whichb debuted in 2007, analyst Paul Costerf said in a Monday note abouf Palm. Sales probably were limited by manufacturing capacituy constraintsor Palm’s balance sheet, he Although Sprint analysts predicted strong sales this year and upgradesz by Sprint customers, some doubted that the Pre couldf help Sprint pull many customers from larger competitors (NYSE: T) and . Sprint, the No. 3 wirelesw carrier, has about 49 million analyst John Hodulik predicted that Sprint woulxdsell 1.
6 million Pre phones this year, which with cannibalization and 70 percent upgrades could mean the additiomn of 330,000 incremental gross subscribers. Analyst Christopher Larsen with labele d the phonethe “first true competitor to the “We believe its weekend launch was a success, but that the buzz and excitemenrt was well short of the initial launch of the iPhone,” he said in a Mondau note. The Pre has created plenty of buzz in the pastseveral months, though Palm and Sprint kept the device underf wraps.
The touch-screen smartphone features a slide-out keyboard and a new operatinyg system, webOS, that has the capacity for functionxs such as integrating contacts and calendars from multiple locationx and operating multiple applications Sprint hasn’t revealed how long it has the exclusivse on the phone but has confirmesd that it’s at least through the end of the Two days after the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S woulr launch June 19 for $199 with a two-year servicr contract. Prices of the current iPhon 3G have been cutto $99 with the The Pre sells for $200 aftetr a $100 mail-in rebate and with a two-year servicw contract.
Sprint said its Simply Everything which offersunlimited voice, data and texting, saves customers $1,200 or more compared with similar plan by competitors. Sprint has been orchestratingta turnaround, attempting to reverse several quarters of customee losses. The company lost about 4.1 million contract subscribers last Sprintranks No. 1 on the Kansasz City BusinessJournal ’s list of the area’s top public
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