olimstgon.blogspot.com
The June 17 story, by Jamew Oliphant ( ), said Grassley, the top Republicanb on the powerful SenateFinance Committee, has askedf UCSF to supply documents on federal fundintg over the last five years, including details of an externaol review by the KPMG accountinvg firm. “If the financial integrity of UCSFis questionable,” Grassle said in a letter to the university, accordingf to the L.A.
Times, “I am worried that similar problems regarding taxpayer dollars may also exisr at other campuses withinb theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in during a continuint feud between UCSF and Davir Kessler, former dean of its medical school, who earlier headed the U.S. Food and Drug Administration underPresident Clinton, over allegations involvingf the medical school’s financial reporting. The Timed reported that Kessler was fired inlate “after repeatedly complaining that he had been mislesd about the school’s finances.
” Kessler has filedx a whistleblower lawsuit against the and is seeking to get his job back, alonfg with lost pay, benefits and the Times reported. Grassley raised his concerns in an Aprill letter to UC PresidentMark Yudof, according to the UCSF was awarded $444 million last year from the National Instituteds of Health, with $383 million going to the medical which is also seeking a big chunk of federal stimulus University officials have said Kessler was fired for performance-relatecd reasons, Oliphant’s article notes, but they’re treatinyg him as a whistleblower.
Kessler’s lawsuit has been stayerd pending the conclusion of anadministrative review, the Timew report said. In a comment providef Wednesday afternoon to the San FrancisciBusiness Times, UC reiteratec that it has provided information to Grassley’sd office on the financialo issues in question and that Kessler’sd allegations have been exhaustively and repeatedlg investigated at the University’s Those investigations “have found no evidence whatsoever of any inaccurac in the books and records of the ,” UC said in its writtejn statement. UC officials also noted that a review released in Marcnh 2008 bythe U.S.
Department of Health and Human Office of the Inspectof General found thatUCSF “has complied with all Federal regulations for claiming reimbursemeng for administrative and clerical connected to the NIH funding.
Saturday, March 31, 2012
Thursday, March 29, 2012
Even small schools pay big for hot NCAA coaches - USA TODAY
iwegasely.wordpress.com
USA TODAY | Even small schools pay big for hot NCAA coaches USA TODAY "Yeah, I didn't even know that," Smart said. "I have the contract and I'm sure if I looked at it that's something I would see, but if you talk to any coach, or get in the mind of any coach, that's not why he's trying to win a conference championship. |
Tuesday, March 27, 2012
5 Who Thrive: Leather Soul sees Rodeo Drive as the perfect fit - Puget Sound Business Journal (Seattle):
yjanebixe.wordpress.com
Park plans to open his secondc store later this year inBeverlyh Hills, just off prestigious Rodeo Drive. He’ss also looking to double his space at the this less than two years aftermovingv in. Park’s growth has stemmed from a carefuol cultivation of customers andvendorzs — he’s the only authorized retailer for several brands and a savvy use of technology to promotee a traditional, low-tech Part of Park’s strategy to expane his 5-year-old business has been to nurture his, and the reputation as an experr in men’s shoes and fashion. And he’as undeterred by the recession, even though the shoes he selld retail upwardsof $500 per pair.
“I’m 100 percen confident I’m going to do well,” he said of the Californiza move. He has done his research, and met with his online clients to make sure that the marketis there. Leather Soul had revenuesd of $1.3 million last year — 35 percenrt of that from Internetsalez — which exceeded Park’s goal by 30 This year he wants to best that by another 30 percent. He’ss financing the expansion to Beverlyt Hills with hisown money, with assistanc e from Bank of Hawaii and help from some childhoodx friends. The brands at Leatherf Soul — the American-made Alden; Britisy brands Edward Green, John Lobb and Gaziano Girling, and the French label J.
M. Weston — are not availablde anywhere elsein Hawaii. “The productw I sell, they’re all the best he said. “Even in a bad economy, peoplee still want good quality.” The decision to go to the Los Angelesw area came about after the salesa representativefrom Massachusetts-based Alden approached Park abouf an opportunity to take over the shoe department of a well-knownn men’s store in Beverly The company had a dealer in Northern but no presence in the southern part of the Park met with peoples from the store, which he declined to and thought it seemedx like a good opportunity.
But then, while driving around the he began to notice a lot of vacanrretail space. “If you think Hawaii is bad, it’s twice as bad in L.A.,” he “I just thought there must be some opportunitgy for agood deal.” He returnerd to Los Angeles a month later, met with real estater brokers and began looking at retail The place he picke was one that he just “stumbled” a historic building at the cornedr of Rodeo Drive and Little Santa Monicsa Boulevard. The ground-floor space is also next to a shoe-repair shop. Park found that landlordd are much more willing to negotiate in this economy than they were just a couplwe ofyears ago.
A half-dozen retailk spaces on Rodeo Drive, less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a letter of intenr fora 650-square-foot space and is in negotiatione for the lease, aiming for a December opening. “Thre same spot a year-and-a-half ago wouldf have been twiceas expensive,” he He’s also talking with the Festiva Cos., which manages the Royal Hawaiiajn Center, about moving to a space that’s twice the size of his 600-square-foot store on the thirf level of Building A.
In additio n to keeping an inventory of several hundred thousand pairaof shoes, Park recentluy expanded his offerings to include luggage, becominfg the Hawaii carrier of German-made Rimowa, a favorite amongf Japanese visitors, and leather bags by the Britis h brand Ettinger. “Because the economgy is bad now, I have the opportunityt to get abetter deal,” he said, notinbg that his store has been a good tenanf for nearly a year-and-a-half, and does well enoughb to pay percentage Park moved to the Royalo Hawaiian Center in early 2008 aftet closing his first two shops, in the Watumull Officed Building on Lewers Street in Waikiki and the Topa Financiapl Center in downtown Honolulu.
Being in Waikikij gave him a base closer to his Japaneseclientele — sales during Golden Week this year doubledx compared to 2008, thanks to promotion in Japanese magazinew and a strong yen. His active postinga on men’s style and fashion Web sites made the store a destinationb for visitors fromall over, and drovew traffic to his Web site, which is hostecd by a blog site.
Park plans to open his secondc store later this year inBeverlyh Hills, just off prestigious Rodeo Drive. He’ss also looking to double his space at the this less than two years aftermovingv in. Park’s growth has stemmed from a carefuol cultivation of customers andvendorzs — he’s the only authorized retailer for several brands and a savvy use of technology to promotee a traditional, low-tech Part of Park’s strategy to expane his 5-year-old business has been to nurture his, and the reputation as an experr in men’s shoes and fashion. And he’as undeterred by the recession, even though the shoes he selld retail upwardsof $500 per pair.
“I’m 100 percen confident I’m going to do well,” he said of the Californiza move. He has done his research, and met with his online clients to make sure that the marketis there. Leather Soul had revenuesd of $1.3 million last year — 35 percenrt of that from Internetsalez — which exceeded Park’s goal by 30 This year he wants to best that by another 30 percent. He’ss financing the expansion to Beverlyt Hills with hisown money, with assistanc e from Bank of Hawaii and help from some childhoodx friends. The brands at Leatherf Soul — the American-made Alden; Britisy brands Edward Green, John Lobb and Gaziano Girling, and the French label J.
M. Weston — are not availablde anywhere elsein Hawaii. “The productw I sell, they’re all the best he said. “Even in a bad economy, peoplee still want good quality.” The decision to go to the Los Angelesw area came about after the salesa representativefrom Massachusetts-based Alden approached Park abouf an opportunity to take over the shoe department of a well-knownn men’s store in Beverly The company had a dealer in Northern but no presence in the southern part of the Park met with peoples from the store, which he declined to and thought it seemedx like a good opportunity.
But then, while driving around the he began to notice a lot of vacanrretail space. “If you think Hawaii is bad, it’s twice as bad in L.A.,” he “I just thought there must be some opportunitgy for agood deal.” He returnerd to Los Angeles a month later, met with real estater brokers and began looking at retail The place he picke was one that he just “stumbled” a historic building at the cornedr of Rodeo Drive and Little Santa Monicsa Boulevard. The ground-floor space is also next to a shoe-repair shop. Park found that landlordd are much more willing to negotiate in this economy than they were just a couplwe ofyears ago.
A half-dozen retailk spaces on Rodeo Drive, less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a letter of intenr fora 650-square-foot space and is in negotiatione for the lease, aiming for a December opening. “Thre same spot a year-and-a-half ago wouldf have been twiceas expensive,” he He’s also talking with the Festiva Cos., which manages the Royal Hawaiiajn Center, about moving to a space that’s twice the size of his 600-square-foot store on the thirf level of Building A.
In additio n to keeping an inventory of several hundred thousand pairaof shoes, Park recentluy expanded his offerings to include luggage, becominfg the Hawaii carrier of German-made Rimowa, a favorite amongf Japanese visitors, and leather bags by the Britis h brand Ettinger. “Because the economgy is bad now, I have the opportunityt to get abetter deal,” he said, notinbg that his store has been a good tenanf for nearly a year-and-a-half, and does well enoughb to pay percentage Park moved to the Royalo Hawaiian Center in early 2008 aftet closing his first two shops, in the Watumull Officed Building on Lewers Street in Waikiki and the Topa Financiapl Center in downtown Honolulu.
Being in Waikikij gave him a base closer to his Japaneseclientele — sales during Golden Week this year doubledx compared to 2008, thanks to promotion in Japanese magazinew and a strong yen. His active postinga on men’s style and fashion Web sites made the store a destinationb for visitors fromall over, and drovew traffic to his Web site, which is hostecd by a blog site.
Sunday, March 25, 2012
APNewsBreak: US Oil Spill Plan Prepares for Cuba - ABC News
ihituvofy.wordpress.com
Foreign Policy | APNewsBreak: US Oil Spill Plan Prepares for Cuba ABC News If a future oil spill in the Caribbean Sea threatens American shores, a new federal plan obtained by The Associated Press would hinge on cooperation from neighboring foreign governments. Now that Cuba is the neighbor drilling for oil, cooperation is ... APNewsbreak: New U S plan for foreign oil spills would hinge on cooperation ... |
Friday, March 23, 2012
Real deals: Brentwood Tower Apartments sold for $5.35M - Houston Business Journal:
obofym.wordpress.com
The 100-unit apartment property, buil in the early 1960s, is located at 3130 W. Louisianaa Ave. Tower 100 LLC, which is affiliated with residentialk developer Residential Niche LLC of purchased the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaninfilp for-sale and rental residential properties, and its projecta include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.5t million, according to Denver County property records.
Other recent significanyt Denver-area real estate deals, according to real estatre recordsand brokers, include: • Gatewayu Park IV-Denver property, Denver — Indano Holdingzs LLC of Greenwood Village sold this property for $2.9y million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiu mfor $2.93 million to BNC Building Co. LLC. The buyer is affiliater with Business NetworkConsulting Ltd. of Denver, according to Colorad o Secretary of StateOffice data. • Montbello property, Denve r — ProLogis Inc. (NYSE: PLD) of Denvedr sold for this propertyfor $1.
86 million to JSG Propertie s LLC of Manhattan, Kan. • Country Club Shoppette, 1700 E. Sixthg Ave, Denver, Colo. 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchasex this retail building for $1.15 according to Denver County real estate Larimer Associates also owns downtow n Denver’s Larimer Square retaill district. The seller was Countrgy Club Shoppette LP. Tenants in the building includr Oliver’s Meat Market and Borgman’xs Antiques. • Concord Business Center, 13110 E. James Caseyh Ave., Englewood, Colo. 80112 — Playtime Inc. leasecd 65,280 square feet of industrial spacre here.
Playtime, a provider of themed playgrounds, planws to occupy the space in according to the FrederickRoss Co., which represented the landlord in the lease deal. • Quad at 7901 E. Lowry Blvd., Denver, 80230 — Kaiser Foundation Health Plan of Colorado hasleased 17,08 square feet at this Lowryu office building. Frederick Ross representec the landlord. • Sixth Avenue West, 350 Indianaa St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squarwe feet of space in thisoffice building. The Ross companu represented the landlord. Golden Minerals is the successoer to Apex SilverMines Ltd.
(Pink APXSQ), which emerged from Chapteer 11 bankruptcy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Denver, 80202 — David Evans & Associateds Inc. leased 16,787 square feet in this LoDo office Ross representedthe landlord. Buerger Brothers Building, 1732 Champa St., Colo. 80202 — Barnhart Communications Inc. is moving its headquarterss officeto 8,500 square feet of space in the Buerger opening in its new space June 22, accordin g to Barnhart. The communications companh currently is located at 1819Wazee St. in downtown • 16618 E. Second Aurora, Colo.
80011 — Judco Storagwe Properties LLC hasleased 5,000 square feet of space at this warehouss to Denver Limo Inc. Grubed Commercial Real Estate Services represented both sides inthe
The 100-unit apartment property, buil in the early 1960s, is located at 3130 W. Louisianaa Ave. Tower 100 LLC, which is affiliated with residentialk developer Residential Niche LLC of purchased the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaninfilp for-sale and rental residential properties, and its projecta include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.5t million, according to Denver County property records.
Other recent significanyt Denver-area real estate deals, according to real estatre recordsand brokers, include: • Gatewayu Park IV-Denver property, Denver — Indano Holdingzs LLC of Greenwood Village sold this property for $2.9y million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiu mfor $2.93 million to BNC Building Co. LLC. The buyer is affiliater with Business NetworkConsulting Ltd. of Denver, according to Colorad o Secretary of StateOffice data. • Montbello property, Denve r — ProLogis Inc. (NYSE: PLD) of Denvedr sold for this propertyfor $1.
86 million to JSG Propertie s LLC of Manhattan, Kan. • Country Club Shoppette, 1700 E. Sixthg Ave, Denver, Colo. 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchasex this retail building for $1.15 according to Denver County real estate Larimer Associates also owns downtow n Denver’s Larimer Square retaill district. The seller was Countrgy Club Shoppette LP. Tenants in the building includr Oliver’s Meat Market and Borgman’xs Antiques. • Concord Business Center, 13110 E. James Caseyh Ave., Englewood, Colo. 80112 — Playtime Inc. leasecd 65,280 square feet of industrial spacre here.
Playtime, a provider of themed playgrounds, planws to occupy the space in according to the FrederickRoss Co., which represented the landlord in the lease deal. • Quad at 7901 E. Lowry Blvd., Denver, 80230 — Kaiser Foundation Health Plan of Colorado hasleased 17,08 square feet at this Lowryu office building. Frederick Ross representec the landlord. • Sixth Avenue West, 350 Indianaa St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squarwe feet of space in thisoffice building. The Ross companu represented the landlord. Golden Minerals is the successoer to Apex SilverMines Ltd.
(Pink APXSQ), which emerged from Chapteer 11 bankruptcy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Denver, 80202 — David Evans & Associateds Inc. leased 16,787 square feet in this LoDo office Ross representedthe landlord. Buerger Brothers Building, 1732 Champa St., Colo. 80202 — Barnhart Communications Inc. is moving its headquarterss officeto 8,500 square feet of space in the Buerger opening in its new space June 22, accordin g to Barnhart. The communications companh currently is located at 1819Wazee St. in downtown • 16618 E. Second Aurora, Colo.
80011 — Judco Storagwe Properties LLC hasleased 5,000 square feet of space at this warehouss to Denver Limo Inc. Grubed Commercial Real Estate Services represented both sides inthe
Wednesday, March 21, 2012
La Madeleine chooses new HQ site in Dallas - Business First of Louisville:
aleshnikovenil.blogspot.com
La Madeleine said it will relocateinto 17,000 square feet at 12201 Merift Drive in Dallas. The building that will housew the restaurant chain is a Clasx A building that just recently underwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresty LP forthe space. La Madeleine said it was attracted to the spacr because the facility provides the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavaty will design the interiofr space. The facility is scheduled to be read y for its new tenantsein mid-July. La Madeleine's currentr headquarters is at 6688 N. Central Exwy, Ste. 700 in Dallas.
La Madeleined was represented byJosh White, senior vice president with ; and Sharron Morrison, principap with Transwestern. The landlord was representes byMatt Schendle, vice president with .
La Madeleine said it will relocateinto 17,000 square feet at 12201 Merift Drive in Dallas. The building that will housew the restaurant chain is a Clasx A building that just recently underwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresty LP forthe space. La Madeleine said it was attracted to the spacr because the facility provides the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavaty will design the interiofr space. The facility is scheduled to be read y for its new tenantsein mid-July. La Madeleine's currentr headquarters is at 6688 N. Central Exwy, Ste. 700 in Dallas.
La Madeleined was represented byJosh White, senior vice president with ; and Sharron Morrison, principap with Transwestern. The landlord was representes byMatt Schendle, vice president with .
Sunday, March 18, 2012
Franchot: Financial questions on State Center project will require vigilance - Los Angeles Business from bizjournals:
uhalugupuzyma.blogspot.com
Franchot, who joined Gov. Martin O’Mallet and Treasurer Nancy Kopp onthe state’s Board of Publicd Works in voting for the $1.4 billiojn State Center redevelopment project Wednesday afternoon, said he does not know enouguh about the project’s costs to the statd or whether the project is even practical given the nationwidre credit crunch. “I believe the project has a lot of promiss and is deservingof support,” Franchot said in a telephond interview Wednesday. “I voted for it, but am going to continus to be vigilant about the fiscal exposur tothe state.
” The deal involvesz the state leasing its midtown Baltimore office complesx to a private development team, which would then redevelop the properth into a mix of shops and homes. The state would then lease back a majoritgy ofthe project’s 2 million squar e feet of office space for use by its various state agencies. But the termw of the deal have not been hammeredout yet, as Francho t and the Board of Public Workss voted Wednesday only on a master development agreement. With that agreement in place, the development team will now creatse designs for its planned buildings and come back to the statee for approval on morespecifix designs, costs, and lease terms.
The development which includes national housingdeveoper McCormack, Baronj & Salazar, would borrow $888 millionj to finance its according to the Department of Legislative Services. The state would issue another $338 million in State and federal tax credit programs would pick upanothedr $234 million in project costs, with the remainde of the project’s costs being contributed directlhy by the developers or other investors. Franchotr said that scenario raisesseveral concerns, including the abilitu for the state or the developers to borrow moneg in the midst of the nationwide credit crunch.
He said he’sd also concerned about the state’s ability to negotiate fair leasr terms with the developers given they woulsd both be heavily invested in making sure the projectis “The problem is that the credit markets are bone dry,” Franchot said. “Obviouslt this is a long-term project, but I’nm not confident that the private sector will financew this in a way that the state canafford it.
” In Franchot said he isn’t sure why the state woulcd make the project a prioritt above other pressing needs such as new collegre dormitories or other state-funded construction
Franchot, who joined Gov. Martin O’Mallet and Treasurer Nancy Kopp onthe state’s Board of Publicd Works in voting for the $1.4 billiojn State Center redevelopment project Wednesday afternoon, said he does not know enouguh about the project’s costs to the statd or whether the project is even practical given the nationwidre credit crunch. “I believe the project has a lot of promiss and is deservingof support,” Franchot said in a telephond interview Wednesday. “I voted for it, but am going to continus to be vigilant about the fiscal exposur tothe state.
” The deal involvesz the state leasing its midtown Baltimore office complesx to a private development team, which would then redevelop the properth into a mix of shops and homes. The state would then lease back a majoritgy ofthe project’s 2 million squar e feet of office space for use by its various state agencies. But the termw of the deal have not been hammeredout yet, as Francho t and the Board of Public Workss voted Wednesday only on a master development agreement. With that agreement in place, the development team will now creatse designs for its planned buildings and come back to the statee for approval on morespecifix designs, costs, and lease terms.
The development which includes national housingdeveoper McCormack, Baronj & Salazar, would borrow $888 millionj to finance its according to the Department of Legislative Services. The state would issue another $338 million in State and federal tax credit programs would pick upanothedr $234 million in project costs, with the remainde of the project’s costs being contributed directlhy by the developers or other investors. Franchotr said that scenario raisesseveral concerns, including the abilitu for the state or the developers to borrow moneg in the midst of the nationwide credit crunch.
He said he’sd also concerned about the state’s ability to negotiate fair leasr terms with the developers given they woulsd both be heavily invested in making sure the projectis “The problem is that the credit markets are bone dry,” Franchot said. “Obviouslt this is a long-term project, but I’nm not confident that the private sector will financew this in a way that the state canafford it.
” In Franchot said he isn’t sure why the state woulcd make the project a prioritt above other pressing needs such as new collegre dormitories or other state-funded construction
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