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deniscollins · 4 years

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9 Ways to Support Small Businesses

How many of the 9 recommendations below to help small businesses during the pandemic do you currently do? What ones can you add to your personal list? Why? What are the ethics underlining your decisions?

In the early weeks of the coronavirus pandemic, consumers buoyed small businesses with gift card purchases and online fund-raising campaigns. But as the pandemic persisted and restrictions constrained operating hours, many independent businesses continued to struggle.

Throughout the country, owners have creatively come up with strategies to keep businesses afloat, which benefits consumers, proprietors and a neighborhood’s commercial health

“There’s a multiplier effect,” said Bill Brunelle, the managing partner of Independent We Stand, an organization that helps its small-business members nationwide with marketing. “If you buy at a hardware store, that owner may hire a local accountant, while the employees may go to local restaurants and other nearby stores. The success of one business can steamroll through the economy.”

Ande Breunig, a real estate agent in Evanston, Ill., said, “Everyone complains about the lack of retailing, but we can only keep these businesses afloat with our participation.” Ms. Breunig started a Facebook group hoping to motivate residents to increase their support of local shops and services.

So how can consumers contribute to this virtuous cycle, especially during the all-important holiday season? Here are some tips to consider.

Buy Local

Before you reflexively hit “place order” with an e-commerce behemoth, find out whether a local retailer offers the same item. Independent bookstores, for example, can often order and quickly receive your selection. While you can get many things online, “go for a walk, go into a store, keep your mask on and shop,” said Ellen Baer, the president and chief executive of the Hudson Square Business Improvement District, devoted to an area west of SoHo in Manhattan. “Think of the people on the other end of the purchase.”

But shopping locally does not necessarily mean forgoing all online sites. Platforms like Bookshop and Alibris connect users to small booksellers. Clothing boutiques can sell through sites like Shopify, Lyst.com and Farfetch, as well as Sook, a newcomer that also hosts stores selling housewares.

When sending gifts to out-of-town friends and family, look for independent stores in their towns. And don’t assume that an e-commerce site can out-deliver a local business — even online sites have experienced delays because of the pandemic’s supply-chain disruption.

Go to the Source

There are always times when you need delivery. But on other days, think twice about how you order takeout. Rather than using a delivery app, ask for curbside pickup: Sites like Grubhub and Uber Eats charge restaurants fees that can reduce already thin margins. Instacart and Shipt, two companies that offer shopping and delivery, also charge the merchants who use the sites.

And while it is easy to purchase through a so-called digital shop on sites like Facebook and Instagram, shopping through third-party apps typically reduces the net profit for the merchant. (Facebook, which owns Instagram, has waived selling fees through the end of the year but will re-evaluate the practice in January, a Facebook spokeswoman said in an email.)

Be Social

Help bolster a business’s social media presence by “liking” hardware stores, dry cleaners and other independent shops on Instagram, Facebook, LinkedIn and Twitter. Write positive reviews, post photos generously of purchases, and don’t forget to tag the businesses. And consider slightly broader efforts, like community email lists and social media groups like Nextdoor.

Retailers are savvy when it comes to selling, but many don’t fully understand that social media plays a crucial role, Ms. Breunig said. Through her Facebook group, she started an “adopt a shop” effort, in which residents select a store and commit to shopping there once a week (with no spending minimum) and posting about their experiences on Facebook. Within five days, Ms. Breunig said, 24 Evanston stores were “adopted.”

Beyond Charity

You can double the effect of philanthropic efforts by involving small businesses whenever possible. Order meals for essential workers from independent restaurants. Shop local when buying for clothing drives. And even if it’s a bit more expensive, purchase from local markets for food drives.

Suzanne Fiske, the director of on-air development for WHYY, the public radio and television stations in Philadelphia, had yet another idea. “Our listeners care about the mom-and-pop shop next door that is having trouble during the pandemic,” she said, so she asked donors on social media platforms to name their favorite local business when they contributed to be read aloud. The station awarded the two with the most votes — Horsham Square Pharmacy in Horsham, Pa., and MYX, a Bryn Mawr, Pa., start-up that creates a custom-blend beverage dispenser — radio advertising worth $3,500. The promotion also motivated listener donations, with more than 700 contributors calling on the day of the small-business challenge, close to three times the typical number, Ms. Fiske added.

Loyalty Counts

Service businesses — including personal trainers and hair salons — have especially been affected by the pandemic since they are among the trickiest to reopen. Gift cards help, but so does generous tipping for the ones that are open.

And remember that small businesses rely on regular customers, even as they try to attract new ones. Like so many others, Symone Johnson, who owns Indulge Hair Salon LLC in Englewood, N.J., was unprepared for a sudden closure in March. She began making videos to help her clients style their own hair without charge and hosted virtual sessions to recreate an online version to allow socializing.

Her clients offered to pay, but she declined, she said. “I didn’t do it for the financial benefit — it kept me busy and I didn’t think of myself.” New clients came after watching the videos, she said, and both they and the pre-existing clientele showed their generosity. “Instead of a 20 percent tip, it became a 50 percent tip,” Ms. Johnson said.

Accept the Rack Rate

Everyone loves a discount, but perhaps now is not the time. If you can afford it, pay full price.

Participate in Community Efforts

While the pandemic has left many feeling isolated, local business organizations are trying to fill the void with socially distanced community programs that can spur economic activity.

The Chamber of Commerce in Wellfleet, Mass., on Cape Cod, for example, is sponsoring a monthlong, online bingo contest in which each square is a “call to action,” including donating to a local nonprofit or taking a virtual class.

Share ideas with local business organizations or municipal governments seeking ways to help. Downtown Phoenix is expanding its traditional holiday market, Phoestivus, to use empty storefronts to showcase the creations of local artisans as well as some retailers’ inventory. Items displayed in the storefronts can be purchased on smartphones using QR codes or other forms of touch-free payment.

“It’s a way to bring a community out,” said Samantha Jackson, the senior director of strategy and community affairs at the nonprofit Downtown Phoenix Inc. “There are people who don’t come downtown who stick to their neighborhoods who are surprised at how nice it is.”

Offer Your Skills

If you’re an accountant, a lawyer, a banker, or a digital marketing specialist, to name just a few, local businesses may welcome your help. Kimberly Pardiwala, for example, who most recently led a business that arranged group sales for Broadway shows, grew concerned that restaurants would again suffer with the onset of cold weather. The Larchmont, N.Y., resident approached David Masliah, the owner of the town’s popular Encore Bistro to order prix fixe dinners regularly for her neighborhood association. “We are all so separate now, so it’s important to restore our community,” she said.

Practice Kindness

Proprietors are under enormous, sometimes existential, pressure right now, so share emotional support when you can. Ask retailers how they are holding up and inquire about employees who may now be unemployed.

#Small Business

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bigyack-com · 4 years

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‘Staying Nimble’: How Small Businesses Can, and Do, Shift Gears

The first week after Cristina McCarter closed her Memphis food tour company, a casualty of the pandemic, she had only tears.“It was a lot of emotions,” she said. “It was like going back to when I first started and everyone said I was crazy to give up my job to be an entrepreneur. I was like, this is what my granddaddy was talking about.”But then, she had an idea. As Ms. McCarter saw restaurants in town reopen to serve takeout, she realized she could take her business, City Tasting Tours, virtual.She could team up with the restaurants to create special meals that she could deliver to clients along with a link to a 30-minute video tour about the food, the chefs and Memphis.“I realized we could focus on the local,” she said. “We’re so used to focusing on tourists, but now is the time to show the locals the richness of what you have.”Like Ms. McCarter, small-businesses owners across the country are looking for ways to survive the coronavirus pandemic, even as they fill out paperwork for federal stimulus funds that they no longer believe they can count on. Instead, they are adapting their business models and innovating products so that they, and their employees, can get back to work.“Small businesses are really great at staying nimble,” said Laura Huang, associate professor at Harvard Business School and author of “Edge: Turning Adversity Into Advantage.” “This is something they’ve been set up to do because they’ve always had to deal with adversity in some way.”But it’s hard, too. The most recent Optimism Index, from the National Federation of Independent Businesses, fell 8.1 points in March — the largest monthly drop in the survey’s 34-year history. Ninety-two percent of businesses surveyed recently by the federation said they had been negatively affected by the virus; just 3 percent said they were better off.The ones that succeed, Dr. Huang said, “understand that even though they are looking to do new, innovative things, they need to grow where they are planted.”That means that small-business owners should not completely change what they do but find new ways to deliver their product, dust off old ideas, experiment with existing strengths, search for new customers or change their story.Even before the coronavirus hit, Kevin Peterson and his wife, Jane Larson, were notably adaptable — they own a scent shop in Detroit that doubles as a bar. Each evening, the shop’s cupboards close, display tables become cocktail tables, and guests sip cocktails served with scent strips designed to enhance their drink.When the stay-at-home order was issued in Michigan, their shop, Castalia at Sfumato, was about to celebrate its second birthday. Mr. Peterson was finally feeling that the business had turned a corner: Their staff was stable, he wasn’t working crazy hours, and there was money left after they paid the bills.That changed overnight. They temporarily laid off their four employees and went into creation mode, since Michigan is not allowing bars to sell takeout or delivery cocktails. In a week, Mr. Peterson had developed their new product: frozen juice cubes that allow home bartenders to mix a perfect drink. All they have to do is add the spirit.“The big thing for me was not thinking of a recipe as just the ingredients but also the dilution, aeration and temperature,” said Mr. Peterson, who went to culinary school and has degrees in physics and engineering. “That’s the big difference between drinks at a bar and drinks at home.”The idea for a take-home cocktail cube had percolated when Castalia first opened, but the couple were so focused on getting people in the bar that they didn’t have time for extraneous products. Now they are making — and selling out of — 750 cubes every weekend. They would do more, but they are limited to the space in their home freezer.“I take solace in doing stuff,” Mr. Peterson said.

Experiment with what you know.

Some businesses find themselves in a position to help fight the pandemic. Distilleries like Cathead Distillery in Jackson, Miss., are converting production to hand sanitizer, while apparel companies, like Simms Fishing Products in Bozeman, Mont., are making hospital gowns. Still others are making masks.But all that product has to find its way to hospitals and homeless shelters. That’s where Garry Cooper comes in. His Chicago technology firm, Rheaply, specializes in connecting resources to the people who need them to reduce waste and overbuying.He normally works with universities, government agencies and the world’s largest companies to help them better manage their inventories. When the pandemic broke out, he realized that there was no single place to go to find out who needed what — and who had it.“This is a breakdown of Supply Chain 101,” Dr. Cooper said. “We are a climate tech company, and we have been thinking a climate crisis would cause what we just saw.”In three weeks, his team built a stripped-down exchange — “a prettier Craigslist,” he called it — where people with masks could list them for donation or sale, and hospitals that needed ventilators could post their requests.So far, 50 organizations have signed up for the free service, and Dr. Cooper is in talks with cities and states about developing custom options. He hired three more employees — and is looking for three additional computer programmers — to manage the workload.That’s the type of pivot that Larry Downes, a senior fellow at Accenture Research, advises businesses to make.“Trying something new is relatively cheap,” said Mr. Downes, a co-author of “Pivot to the Future.” “It doesn’t cost a lot to quickly launch an experiment.”

Search high and low for new customers.

An experiment may be the thing that saves Washbnb, a start-up in Milwaukee that was to open this month.Originally, Washbnb planned to provide laundry service to Airbnb hosts. One of the company’s founders, Daniel Cruz, is a host himself, and he hatched the idea because he was always buried in laundry — and worse, fitted sheets — at the end of each week. His four Airbnb properties created too much laundry for his residential machines but too little for a lot of commercial laundry facilities. When he discovered that others had the same problem, he started planning to build his own facility.But when the pandemic hit Milwaukee, all his Airbnb bookings dried up.“At first, we were actually really bullish,” Mr. Cruz said. “We were talking about investing in another property to add more units. But then we took a week and watched our market evaporate around us.”Instead, he decided to find new customers. He realized that the elderly and people with compromised immune systems might not have laundry facilities or be able to go into laundromats. He and his two partners quickly started a sister company, Washhero, targeting those customers with a curbside laundry service. They offer wash-and-fold for $20 a bag, as well as pay-what-you-can options.In the first two weeks, 22 clients signed up, and word got around to other businesses. Mr. Cruz received calls from restaurants doing takeout that need towels washed and an invitation from a new hotel to bid on its laundry contract. He has been so busy that he has hired three new team members and signed a lease for his laundry facility.“The Covid situation is accelerating our timeline, not only in how we give back but how we build out our own facility instead of relying on partners,” Mr. Cruz said.

Reposition your product.

Sometimes, innovating is as simple as changing the story, or updating marketing to reflect a new reality.“If you have a firm understanding of where your roots are and what your product delivers, then you can think really creatively about all the different ways your product can be beneficial and tell that story,” said Dr. Huang of Harvard.Wheelhaus, a maker of tiny homes and modular cabins, is trying to do just that. It is now marketing its smallest home — just 250 square feet — as a home office. It can be pulled straight into a backyard on a trailer and has all the amenities of a workplace.“It’s kind of funny how these things kick you in the butt,” said Jamie Mackay, founder of Wheelhaus. “It’s like, whoa! You wake up and think outside the box. That’s key right now.”The company manufactures its line of homes in Salt Lake City and normally sells about 180 a year. Demand has slipped, but there has been enough work for Mr. Mackay to keep all 80 employees and subcontractors on the job. There have been seven sales of the $88,000 home office since the new marketing began, and Mr. Mackay said he expected higher demand for small home offices as real estate trends changed and businesses realized employees could work from home.The fact that Mr. Mackay is already thinking about that future pleases Mr. Downes. The biggest challenge facing businesses, Mr. Downes said, is the failure to look forward.“One thing this crisis has taught us is that the distant future can show up fast,” he said. Read the full article

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toldnews-blog · 5 years

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New Post has been published on https://toldnews.com/technology/entertainment/steve-golin-is-dead-at-64-producer-built-a-small-hollywood-empire/

Steve Golin Is Dead at 64; Producer Built a Small Hollywood Empire

Steve Golin, an independent producer whose career began with low-budget movies like “Hard Rock Zombies” in the 1980s and reached its peak when he and three colleagues won the best-picture Oscar in 2016 for “Spotlight,” died on Sunday at a hospital in Los Angeles. He was 64.

A spokeswoman for Anonymous Content, his production company, said the cause was Ewing sarcoma.

The 2016 Academy Awards ceremony was a capstone for Mr. Golin. Not only was “Spotlight,” Tom McCarthy’s film about The Boston Globe’s investigation of child abuse by Roman Catholic priests, named best picture; a second film that Mr. Golin and Anonymous produced, “The Revenant,” about an early-19th-century frontiersman fighting for his life after being mauled by a bear, was also nominated in that category that year and won for best actor, Leonardo DiCaprio, and best director, Alejandro G. Iñárritu.

Those films, though wildly different, represented the type of compelling human stories that Mr. Golin preferred to tell.

“I think that if you look at ‘The Revenant’ versus ‘Spotlight,’ one is a little bit more procedural and talky, arguably more in a classic sense,” he told Variety in an interview before the Academy Awards ceremony. “ ‘The Revenant’ is very different. Almost no dialogue, but it’s very bold in terms of the technical aspects.”

Mr. Golin built Anonymous into a small Hollywood empire that produces films, television series, commercials and music videos, as well as managing talent like the actors Samuel L. Jackson, Emma Stone and Mahershala Ali and the director Alfonso Cuarón, who won Oscars in 2014 for “Gravity” and 2019 for “Roma.”

The New York Times hired Anonymous Content last year to represent it on film and television projects.

Mr. Golin’s producing credits also include Spike Jonze’s “Being John Malkovich” (1999), a bizarre film about a puppeteer (John Cusack) who finds a portal into Mr. Malkovich’s brain. Not only was it difficult to persuade Mr. Malkovich to participate, he said; it was also nearly impossible to persuade PolyGram, the parent of Propaganda Films, the company he ran at the time, to green-light it.

“I knew Spike’s sensibility,” Mr. Golin told The Los Angeles Times in 1999. “He’s a really unique thinker. And when he started telling me his vision, I said, ‘Now, this makes sense.’ ”

Over the last few years, as television and streaming became increasingly important to Anonymous, Mr. Golin was the producer or executive producer of the HBO series “True Detective”; “The Alienist,” a mini-series on TNT about a gruesome serial killer in 19th-century Manhattan; and “Mr. Robot,” the USA series about a computer programmer recruited to join a band of anarchists.

He was also an executive producer, with George Clooney among others, of a six-episode adaptation of “Catch-22,” Joseph Heller’s satirical World War II novel, which will stream next month on Hulu.

Mr. Golin once said that the only film he produced that he would not change was Michel Gondry’s “Eternal Sunshine of the Spotless Mind” (2004), the quirky story of a couple (Kate Winslet and Jim Carrey) who, after they break up, undergo procedures to erase each other from their memories.

“It was probably the most complete movie,” he was said in an online profile of him, as well as “the most satisfying.”

Steven Aaron Golin was born on March 6, 1955, in Geneva, N.Y., and grew up in Yonkers. His mother, Marilyn (Phillips) Golin, was a real estate broker, and his father, Jerry, owned an advertising agency.

He studied film at New York University’s School of the Arts and attended the American Film Institute in Los Angeles as a producing fellow. He and another fellow, Joni Sighvattson, did production work on “Hard Rock Zombies,” “American Drive-In” and other movies before they and others started Propaganda Films in 1986.

Propaganda came to dominate the market when MTV was heavily influencing the music business, and profits from making music videos for Madonna, Janet Jackson, David Bowie and others helped finance the company’s films, including David Lynch’s “Wild at Heart” (1990) and John Dahl’s “Red Rock West” (1992). Propaganda also made commercials, including for Obsession perfume and Nike.

“The only game plan we had when we started was to establish a business that was a positive cash-flow business, that would give us the ability to be more flexible, to finance our own development on our own terms,” Mr. Golin said in an interview with The New York Times in 1990. “The revenue from shooting videos and commercial business is enough to let us survive and to give us a certain credibility with directors who don’t want to take a project to a studio.”

He stayed at Propaganda until PolyGram was acquired by the Seagram Company and started Anonymous Content in 1999.

He is survived by his partner, Violaine Etienne; his daughter, Anna Golin; his son, Ari; his stepdaughter Blue Etienne-Gay; his sister, Susan Dickinson; and his brother, Larry. His marriage to Vilborn Aradottir ended in divorce.

Mr. Golin’s desire to expand Anonymous Content’s businesses led to a search for a well-heeled partner to buy a substantial minority stake. In 2016 he made a deal with Laurene Powell Jobs, the founder of Emerson Collective, an organization devoted to social change that had made investments in a variety of businesses, including media properties like The Atlantic magazine and the online news website Axios.

In an email to Anonymous’s staff on Monday, Ms. Jobs praised Mr. Golin. “In an industry and an era that often reward all the wrong things,” she wrote, “he was unsparing in his vision and determination to tell stories he believed in, stories that move us and stay with us.”

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nightmare-afton-cosplay · 5 years

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The Amazon Effect in New York Will Reach Beyond Long Island City

Getty Images/ Tony Shi Photography

Real estate agents in Long Island City have seen a burst of interest in the Queens, New York, neighborhood since Amazon’s announcement last month that it will set up a second headquarters there.

The neighborhood, just across the East River from Manhattan, has seen a host of new development in recent years, as Mansion Global reported in November. Once an industrial zone, it’s evolved into a slick residential area. Prices in northwestern Queens have jumped 80% to more than average $825,000 in the last five years, according to the third-quarter market report by Douglas Elliman and appraisal firm Miller Samuel.

In recent years, Long Island City has become a destination for buyers looking for luxury apartments outside Manhattan. The average sales price for condos there was just under $1.1 million in the third quarter, according to the Elliman report.

In nearby Astoria, the average condo price was about $526,000, while Sunnyside condos averages about $368,000, according to the report. In Queens as a whole, the average sales price for a luxury home is $1.4 million, the report stated.

Brokers all over Queens have seen increased interest, despite the protests of some New Yorkers who feel the package of about $3 billion in tax incentives Amazon received to entice it to the Long Island City was too much. Still, they said the impact of the new headquarters—which is expected to create 25,000 jobs by 2030—is likely to have a ripple effect in other neighborhoods.

“I’m not sure what’s going to happen, but I think the interest will ripple out to other neighborhoods,” said Duane Egyud, a broker with the Queens Home Team at Keller Williams Realty. “The closer you get to Long Island City, the more dense it will be.”

The northern Queens neighborhoods of Sunnyside, Astoria and Jackson Heights are sure to see some interest, Mr. Egyud said. Investors have taken note, and he has been working with clients from Washington and California with their eyes on Queens real estate.

That said, Mr. Egyud expects the rental market to be more robust than the sales market to start.

“Most people are not buying as soon as they get here,” he explained. “They usually rent for a year or two to get a feel for the neighborhoods.”

Slightly further into Queens, areas like Forest Hills and Kew Gardens offer a more suburban feel with access to the city, according to brokers Robert and Susanna Hof of Terrace Sotheby’s International Realty in Forest Hills.

These areas don’t have as much new build as Long Island City, and there are more single-, two- or three-family homes to be found. That could be appealing to some future Amazon workers who aren’t used to New York’s space constraints, brokers said.

It’s too soon to tell how Amazon’s entrance into Queens will affect prices over the long term, brokers said, although some have immediate increases. Before the announcement, prices for luxury homes had been leveling off, Ms. Hof said, and she hopes the news will jumpstart that sector.

Here are three Queens areas worth consideration for residents and investors looking beyond Long Island City.

Sunnyside/Sunnyside Gardens

Sunnyside has a “great neighborhood community,” said Amy Fitzgerald, a broker and the owner of Welcome Home Real Estate in Sunnyside, Queens.

West of Long Island City, Sunnyside is an established neighborhood without a lot of land for development. It’s a mix of apartment buildings and, in Sunnyside Gardens, freestanding homes.

Prices have generally been rising in recent years, Ms. Fitzgerald said, with more people discovering Sunnyside. Many young families are moving in, and, as older residents move on, more investors have been scooping up real estate.

“We have a number of mixed-use commercial properties and six-unit buildings and those are the ones investors have been looking at more heavily in the last few years,” she said.

Ms. Fitzgerald said recently more of those investors grew up in the area, which she said is indicative of the sense of community in Sunnyside.

Whether they are investing or just moving to the area, “people have an affinity to Sunnyside,” she said. “They love the community. That’s the common theme.”

Most of Sunnyside is zoned for smaller, shorter apartment buildings, according to Ms. Fitzgerald, but Queens Boulevard, a main thoroughfare in the borough, allows bigger projects. That strip is seeing some new development, both mixed-use and commercial.

Sunnyside Gardens is a lower density area, with about 700 homes for one-to-three families, she said. At the center is Sunnyside Gardens Park, a private park that was part of the original plan for the neighborhood. Families who live on the park and in the designated zone have access.

Homes in Sunnyside Gardens can range from just over $1 million to $1.5 million, according to recent listings. One-bedrooms in Sunnyside range from $350,000 to $595,000, with prices going up from there.

The No. 7 subway line services the area, and it’s about a 10-minute ride to the Court Square subway station in Long Island City, which services Amazon’s new headquarters. Grand Central Terminal is about another 15 minutes.

Astoria

“Everyone loves Astoria,” Mr. Egyud said.

The tree-lined and quiet streets make it seem less hectic, but Manhattan is just a subway ride away. Astoria Park is another highlight of the neighborhood, as are the neighborhood’s mom-and-pop shops and good restaurants, according to Marc Dimov, a Compass broker who works in the area.

“It’s a very diverse and eclectic neighborhood,” he said. “It’s a place that a young professionals and families gravitate toward. It’s really a neighborhood for everybody.”

Astoria is north of Long Island City, and has a “hodgepodge” of housing options, from condominiums to co-ops to single-family homes, Mr. Dimov said.

There’s a wide range of home prices, he explained, but they generally range from $1.2 million to $1.5 million for a two-family home, he said, depending on the location and quality of the property. Condo prices also vary widely, and could be anywhere from $800 to $1,000 a square foot.

Many buyers who want to live in the area are attracted to the smaller properties, but six- to 20-unit buildings “are very attractive to investors,” he said.

“There’s a big demand for people who want to live here, and that’s why you’re seeing a lot of growth,” Mr. Dimov explained.

That includes new construction, both rental buildings and condos, and Mr. Dimov also said interest from speculators has picked up since Amazon’s announcement.

“There has been increased interest in land from speculators anticipating growth three, five or 10 years down the road,” he said.

Investors are looking at sites with existing buildings that could be razed to make way for bigger developments. “It’s a chance for them to own something brand new,” Mr. Dimov explained.

The N and W subway trains run through Astoria. The Court Square subway station in Long Island City is about 15 minutes by train, and Times Square is just over 20 minutes away via train.

Forest Hills/Kew Gardens

Further west are Forest Hills and Kew Gardens, a community with more space, according to the Hofs, who both grew up in the area.

“The big difference between this area and Astoria or Long Island City is that the homes are larger, as is the space around them,” Ms. Hof said. “It’s much more like living in a suburb than it is is a city, but it has all the benefits of proximity to Manhattan or to Long Island City.”

Parks are one of the hallmarks of the area, Mr. Hof pointed out. There are pocket parks throughout the area, and Forest Park has golfing and horseback riding, as well as walking trails, over 165 acres. Flushing Meadows Corona Park is another large green space in the area.

Forest Hills Gardens is an enclave within Forest Hills, with primarily one-family homes, Mr. Hof said. Its winding streets do have pockets of two-family townhouses, as well.

“It looks like the suburbs, but has a European flavor,” Mr. Hof said. Homes are brick with tile roofs, and the character of the homes has remained the same over the years because of restrictions on architecture laid out by the original developers.

Other amenities in Forest Hills Gardens include the West Side Tennis Club with a pool, and the community house which is open to all.

The value of the houses range from smaller, single-family townhouses for about $1.3 million, to very large properties that sell for between $3 million and $5 million.

“Our sales have been very brisk in the $1 million to $1.5 million range,” Ms. Hof said, but sales for homes on the high-end have been improving in recent years.

On the north side of Queens Boulevard, known as the Cord Meyer area, homes do not have the same restrictions on building. Newer homes, many of which have gone up in the last five years, are more modern and larger. The Hofs said there have been sales there for more than $4 million.

Kew Gardens is to the south side of Queens Boulevard and east of Forest Hills, and has older, smaller houses, although many are being torn down to make way for new builds, Ms. Hof said. There are also large apartment complexes.

That neighborhood has a small-town feel as well, with a main thoroughfare running through its core and offering everything from pubs to an art-house movie theater.

Both the Long Island Rail Road and several subway lines go to Forest Hills. A trip to Grand Central station can take less than 30 minutes on public transit, while the Court Square subway station in Long Island City is just over 15 minutes away on the E train. Kew Gardens is just two stops further on E or F trains.

The post The Amazon Effect in New York Will Reach Beyond Long Island City appeared first on Real Estate News & Insights | realtor.com®.

from https://www.realtor.com/news/trends/amazon-effect-in-new-york-will-go-beyond-long-island-city/

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bagelpantry90-blog · 5 years

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McNally Jackson Books Faces $500K Rent Hike

Pitching the McNally Jackson space, Photo: Winick Realty

Last week, we broke news that McNally Jackson Books is leaving its Prince Street headquarters next spring after fourteen years on the block. Eponymous owner Sarah McNally allayed the sadness by saying that they settled on a new space nearby.

Reason for the abrupt departure is an astronomical rent hike. Until now, amount of the increase was not known, only that it was “an enormous amount of rent.”

During the “Rally for our Neighborhoods” on the steps of City Hall last weekend, Ms. McNally spoke about commercial rent. She admitted that the annual outlay on the bookstore at 50-52 Prince Street went from $360,000 to $850,000. That’s a near-136% increase.

Real estate listings show what brokers want for the space. Scope the rendering above.

McNally Jackson will close when the lease expires in June 2019. The next chapter is coming soon, though. McNally told amNY last week that “she now has a contract on one space [in the same neighborhood] and has also identified another as a backup.”

Source: https://www.boweryboogie.com/2018/10/mcnally-jackson-books-faces-500k-rent-hike/

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taurusfrog1-blog · 5 years

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McNally Jackson Books Faces $500K Rent Hike

Pitching the McNally Jackson space, Photo: Winick Realty

Reason for the abrupt departure is an astronomical rent hike. Until now, amount of the increase was not known, only that it was “an enormous amount of rent.”

Real estate listings show what brokers want for the space. Scope the rendering above.

Source: https://www.boweryboogie.com/2018/10/mcnally-jackson-books-faces-500k-rent-hike/

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layervelvet27-blog · 5 years

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McNally Jackson Books Faces $500K Rent Hike

Pitching the McNally Jackson space, Photo: Winick Realty

Reason for the abrupt departure is an astronomical rent hike. Until now, amount of the increase was not known, only that it was “an enormous amount of rent.”

Real estate listings show what brokers want for the space. Scope the rendering above.

Source: https://www.boweryboogie.com/2018/10/mcnally-jackson-books-faces-500k-rent-hike/

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sempererrabimus · 5 years

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Cushman & Wakefield Expands SE Valuation Presence Opening Jackson, Mississippi Office

Global real estate services firm Cushman & Wakefield opened a new office in Jackson today, dedicated to serving the growing commercial appraisal needs in the capital city. Source: http://www.cushmanwakefield.com/en/news/2019/01/se-valuation-presence-opening-jackson-ms-office

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estesgroup · 2 years

Link

You may have stocks, bonds, and 401k accounts that depend on stock market swings in your wealth-building portfolio. Long-term initiatives require more than Wall Street savvy. Diversified investors mitigated sector losses. They often resort to commercial real estate in Jackson, MS, and other possibilities through a knowledgeable broker. To know more visit https://estesgroup.net/frequently-asked-questions-about-commercial-real-estate/ or call us at 601.362.9633.

#Commercial Real Estate #commercial real estate in Jackson MS #Commercial Real Estate Investments and Brokers #Commercial real estate broker Jackson MS #Investment real estate broker #commercial property investments #Commercial real estate Jackson MS #Commercial property management companies

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tex-is · 6 years

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Business Kudos

Carolina One

Elisabeth Beatty Hooker Martin and Keli M. Brown, two highly qualified veteran Realtors® and Lisa Taylor, a Certified Real Estate Appraiser have joined the ranks at Carolina One Real Estate in two of the company’s 12 lowcountry offices.

Beatty Martin is a native Charlestonian and a graduate of Converse College in Spartanburg. Prior to commencing her real estate career, Martin used her love of the arts and education to teach on the Elementary School level.

A Realtor® for the past 27 years, Martin has focused on being a top producer in the luxury real estate market. Ms. Martin’s reputation as a professional extends “From the Battery to the Beaches,” as she is fond to say. Beatty Martin has earned the National Association of Realtors® Graduate Realtor® Institute (GRI) designation and has also been named by the local Board of Realtors® as a Realtor® of Distinction.

A supporter and patron of the arts, Martin is married with two adult daughters and lives in Mt. Pleasant. Carolina One Real Estate is proud and happy to welcome Beatty Martin to the award-winning team in the Mt. Pleasant Coleman Blvd office.

Joining the newly opened Carolina One Johns Island office at 3419 Maybank Highway, Kelli Brown brings with her a wealth of practical knowledge and experience in real estate.

A native of Raleigh, NC, Brown is a graduate of the College of Charleston with a degree in Psychology and has been a Charleston resident for the past 25 years. A Realtor® since 2007, Brown has had more than 15 years of experience in real estate, business development and vacation rentals on Kiawah Island.

Brown’s previous work history includes affiliation with Wyndham Vacation Rentals for 9 years as a Business Development Manager, Kiawah Island Real Estate and new home Sales with Crescent Homes.

Married with two children, Brown lives on James Island and enjoys boating with her family.

Lisa Taylor is a Certified Real Estate Appraiser and was employed as a Staff Appraiser for Bank of America. Taylor also worked as an Appraiser with Tanner Real Estate Services and was a US Airways Flight Attendant. Ms. Taylor will be starting her real estate career with Carolina One’s Coleman Blvd. office in Mt. Pleasant.

A resident of Charleston for the past two years, Taylor is a native of Greenville, SC and attended Brevard College in Brevard, NC. In her free time, Taylor enjoys sailing, walking, swimming and physical fitness.

Carolina One Real Estate Services is metro Charleston’s real estate market leader. In addition to a full service Mortgage Division, the 11 office company features departments specializing in Insurance, New Homes, Relocation, Commercial Real Estate, Property Management, Vacation Rentals and Title Services. Visit our website at www.carolinaone.com.

Burn Boot Camp

Emily McKeen and Lori Shumaker just opened up the Charleston area’s first Burn Boot Camp location at 1440 Ben Sawyer Blvd Suite 900 in Mount Pleasant. They are one of over 70 open locations out of the 312 awarded locations and are now set to be open in 34 states after just 30 months of franchising.

When you ask anyone in the fitness industry what is takes to get results you’ll likely get the same old answer diet and exercise. At Burn Boot Camp they know there is so much more that goes into it than just eating right and running on a treadmill. It takes blood, sweat and tears it takes to reach your goals.

Burn Boot Camp is one of the fastest growing fitness lifestyle movements in the world. Burn is quickly becoming the premier way to for women to create a community of health and happiness, together. They offer certified personal trainers mentored by founder and nationally recognized fitness expert, Devan Kline. The 45-minute camps are safe, effective, and efficient to maximize results through their proprietary of workouts that are never repeated and embody the mantra of getting better every day. Childcare is free, as well.

There are five Pillars that make up the Burn Boot Camp’s Philosophy

Mindset – To change the body, you must first change the mind. During our Burn Boot Camp “Focus Meetings”, you’ll be able to get personal with your trainer and address the obstacles that have hindered your personal growth in the past.

Whole food nutrition – You can’t out-train your diet. There are no cookie cutter meal plan recommendations at Burn. As a very results-oriented program, they will help you balance your nutrition habits to make eating healthy and feeling great realistic and achievable.

Burst training – The best way on the Planet to burn body fat is known as Burst Training. These high intensity intervals will leave your body eating away at fat cells for up to 72 hours after their completion. This is called the, “metabolic effect” and is a scientific approach to getting you lean, toned, and athletic in no time.

Strength training – Building lean muscle through hypertrophic strength training allows your body to burn more calories at rest, shape your physique, and ultimately keep that unwanted body fat off! Burn’s outside-the-box strength training protocols focus on empowering you to complete the most common desired performance goals.

Community – Burn women are a group of like-minded people who go through similar ups and downs of life. There are no judgments, no negativity, and no stopping you from being successful. Burn creates lasting friendships that ultimately create incredible accountability, which leads to results. They have expanded our community to include men as well, certain camp times are for ladies only and some are co-ed.

Hibbits Insurance Inc.

Hibbits Insurance Inc., a full-service insurance brokerage firm specializing in all lines of insurance for personal and commercial markets, opened its fourth office location at 835 Coleman Boulevard, Suite 101.

In honor of the opening, Hibbits Insurance will make a monetary match of $10 for every new policy opened there in November. The funds will go to Share Our Suzy Lowcountry, a non-profit that supports patients and their families who are undergoing treatment for breast cancer.

“Opening the new Mount Pleasant office is a significant step toward providing more people with the best insurance solutions at the most reasonable rates,” said Jack Hibbits, Vice President of Hibbits Insurance, Inc. “And partnering with Share Our Suzy Lowcountry to celebrate this opening just feels like the right thing to do,” he added.

The new office provides space for agents and clients to meet to discuss their ever-evolving insurance needs. This is the company’s fourth office; additional locations thrive in Orangeburg. Murrells Inlet and Summerville. The company was founded in 1971.

For more information on the company and the right insurance for the right time in life, visit www.hibbitsinsurance.com

Haynsworth Sinkler Boyd

Haynsworth Sinkler Boyd is pleased to announce Alissa D. Fleming has joined the firm and will be based in the Charleston office.

As an attorney and registered nurse, Alissa has first-hand knowledge of the healthcare industry that enables her to effectively advise and represent national, regional and local healthcare providers on issues such as facility and professional licensing, Certificate of Need, fraud and abuse, reimbursement, scope of practice and patient privacy. She has extensive experience representing professionals involving issues of professional liability in administrative, state and federal courts.

Alissa also helps employers with operational issues, including employment contracts, policies, handbooks, terminations, discrimination, retaliation, harassment, employee discipline, FOIA, and work place investigations.

She received her J.D. from the University of Miami School of Law and her B.S.N. from the University of Virginia. Alissa is a member of the American Health Lawyers Association, The American Association of Nurse Attorneys and DRI.

Frampton Construction

Frampton Construction Company, LLC, a regional full-service construction firm providing planning and design support, preconstruction, construction services, and sustainability services throughout the Carolinas, has added Alex Milford as project engineer in the Charleston office.

In this role, Milford will assist the project manager and superintendent with daily activities, act as a liaison between owners and architects, and oversee onsite construction activity. Milford, who previously was with Hensel Construction Co., one of the largest general contractors and construction managers in the U.S, is a recent graduate of Clemson University where he earned a bachelor’s degree in civil engineering. A native of Jackson, New Hampshire, he currently resides in North Charleston.

Frampton Construction is a regional full-service construction firm with financial strength and industry knowledge born of years of experience employing proven procedures. Frampton Construction offers planning and design support, preconstruction, construction services, and sustainability services. The dedicated team of professionals takes pride in building strong relationships with clients while providing the highest quality of service. They deliver executive leadership and personal oversight throughout the building process, while working diligently to exceed the expectations of every client. With offices in Charleston, S.C., and Charlotte, N.C., the company is positioned to manage projects in the Carolinas and beyond. For more information, please visit http://frampton.construction/ or call 843-572-2400.

ABC Supply Co. Inc.

Jared Iscrupe has been promoted to manager of building products distributor ABC Supply Co. Inc.’s location at 420 Jessen Lane.

Iscrupe started his career with ABC Supply in 2015 at the company’s location in Charlotte, North Carolina, as part of ABC Supply’s Manager Candidate Training program. Over his tenure, he has worked in the warehouse, as a roof loader and as an inside sales associate.

As the manager of the Charleston location, Iscrupe will develop lasting relationships with area contractors and guide associates to provide superior service and expertise.

ABC Supply Co. Inc. is the largest wholesale distributor of roofing in the United States and one of the nation’s largest wholesale distributors of select exterior and interior building products. Since its founding by Ken and Diane Hendricks in 1982, ABC Supply’s sole focus has been serving professional contractors—taking care of them better than any other distributor and offering the products, services and support they need to build their businesses. An 11-time Gallup Great Workplace Award winner, ABC Supply is an “employee-first” company that treats its associates with respect and gives them the tools they need to succeed. In 2017, ABC Supply celebrates its 35th anniversary and continued commitment to helping its customers and associates achieve the American dream.

The Beach Club

The readers of Condé Nast Traveler magazine have named The Beach Club at Charleston Harbor Resort and Marina as the #1 Resort in Charleston and the #9 Resort in the South in their 2017 annual Readers’ Choice Awards. The awards were announced on October 17 and the winners will appear in the November 2017 print edition. Celebrating their one-year anniversary on September 30, 2017, the luxury 92-room boutique hotel and member of The Leading Hotels of the World is proud to be recognized as one of the best travel experiences in the United States.

“We are delighted to receive this prestigious accolade from Condé Nast Traveler – it is truly amazing to achieve such recognition in our first year of operation. It has raised the bar. The team and I are beyond thrilled to continue our efforts to creating authentic experiences and a home away from home for our guests. We are grateful that so many took the time to share their amazing experiences in this year’s survey and are proud to be honored as the #1 Resort in Charleston and one of the Best Resorts in the US," says Oliver Rooskens, Managing Director of The Beach Club at Charleston Harbor Resort & Marina.

The hotel made a strong showing in their first year with a nod from Fodor’s Travel as one of the Best New Hotels in 2016 – one of four in the United States and thirteen in the world.

According to the magazine, over 300,000 readers submitted millions of ratings and tens of thousands of comments, voting on a record-breaking 7,320 hotels and resorts, 610 cities, 225 islands, 468 cruise ships, 158 airlines, and 195 airports.

The Condé Nast Traveler Readers’ Choice Awards are the longest-running and most prestigious recognition of excellence in the travel industry and are commonly known as “the best of the best of travel.” Under Editor in Chief Pilar Guzmán, the Readers’ Choice Awards have become more selective and specific to the passions that inspire today’s travelers.

The Readers’ Choice Awards are announced in the November issue of Condé Nast Traveler, on newsstands nationwide on October 24, 2017. The full list is published exclusively online, at www.CNTraveler.com/rca.

For more information and reservations, visit http://www.charlestonharborresort.com/the-beach-club.htm or call (843) 856-0028. Find The Beach Club at Charleston Harbor Resort & Marina on Facebook and @beachclubcharleston on Instagram. Rates start at $249 per night.

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jobcareerjobs-blog · 7 years

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Property Manager- Residential & Commercial

New Post has been published on https://www.jobcareer.to/job/property-manager-residential-commercial/

Property Manager- Residential & Commercial

Passionate about Real Estate & Property development? Want the opportunity to look after a diverse range of properties? Pride yourself on being a self- starter?

This position is ideal for a highly motivated individual who enjoys diversity in the property’s they manage and has an innate ability to establish great rapports with variety of people. The ideal candidate has a passion for the Real Estate/ Property industry and wants to make a great contribution to our team by taking ownership of this role.

Key Responsibilities:

Manage CBD’s existing residential, retail and commercial rental properties

Advertise and source tenants for new or unlet properties

Set up and manage CBD short stay properties

Ingoing/outgoing inspections

Organise maintenance

Prepare leases/renewals

Advertise placing/costing

Prepare bond refunds

Conflict resolution management

Prepare for & attend Tribunal hearings when necessary

Travel to all CBD’s properties & display suites as necessary

Assist &/or organise handover of properties at settlement

Assist with defects concerns and reports from purchasers &/or tenants

Implement best practices, procedures & standards in real estate operations

Provide monthly reports on all rental properties

Ad hoc research tasks relating development projects and new ventures

Key competencies:

Understand and efficiently execute all aspects of rental management

Understanding of leasing and advertising rental properties

Implement policy and procedure to ensure efficient rental management

Strong relationship building and management capabilities

Strong conflict resolution skills and understanding of the VCAT system

Excellent phone manner & communication skills

Be able to work autonomously & problem solve

The ideal candidate should have:

Strong English language skills (essential) and Mandarin (desirable but not essential)

Current Real Estate or Agents Representative Licence

Minimum 5 years experience managing rental properties

Relevant real estate management qualifications

Current Drivers Licence

Current Police Check

Medium to advanced MS office skills- Work, Excel, & Outlook

Please ensure that you demonstrate the criteria in this advert in your application to be considered for this position.

If this role sounds perfect for you, then we want to hear from you. To express your interest in this role please submit your CV and cover letter only to [email protected]

Australian permanent residents need only apply.

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shortrichardsonforth · 7 years

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Are you certain? – Appointing administrators

In the recent case of JCAM Commercial Real Estate Property XV Limited v Davis Haulage Limited, the Court of Appeal considered whether it is open to a company or its directors to give notice of intention to appoint an administrator under paragraph 26, triggering the interim moratorium for a period of up to ten business days, without having a “fixed intention” to appoint an administrator.

Facts

JCAM is the registered proprietor of warehouse premises in Crewe, and Davis Haulage is the tenant. Davis Haulage was in rent arrears and a payment plan was agreed in March 2015 for settlement of the arrears by instalments, however Davis Haulage failed to pay the rent falling due on subsequent dates, and by January 2016 the arrears were in excess of £261,000 plus interest.

On 18 January 2016, JCAM notified Davis Haulage of their intention to takes steps to recover possession of the property if they were not paid in full within seven days of the letter. Payment was not made, and JCAM issued possession proceedings.

Unbeknownst to JCAM, Mr Davis, the sole director of Davis Haulage, had filed a notice of intention to appoint an administrator on 22 January 2016. The notice had been provided to Close Brothers Limited, who were a qualifying floating charge holder.

The notice had been drafted in the prescribed form, and stated that the directors “intended to appoint Steven Muncaster and Sarah Helen Bell of Duff & Phelps Limited as administrators of the company” and that the notice was served on Close Brothers. There was attached to the notice “a record of the decision of the directors to appoint an administrator” stating that Mr Davis had “carefully considered and discussed the financial position of the company”.

JCAM was provided with a copy of the notice on 2 February 2016, with a letter stating that the notice had been filed as a result of JCAM’s proposal to bring possession proceedings against the company and the threat of the presentation of a winding up petition by HMRC. The notice gave rise to an interim moratorium that expired on 5 February 2016.

On 5 February 2016, Mr Davis filed a subsequent notice of intention to appoint, thus securing a further interim moratorium to end 19 February 2016. A copy of this notice was forwarded to JCAM alongside a statement that “the Company is currently NOT in Administration” and that Davis Haulage were aiming to “settle the arrears in full”.

A further notice of intention to appoint was filed on 19 February 2016 with an accompanying note stating that Davis Haulage was not currently in administration and that they were attempting to secure “the business future survival”.

No administrators were appointed. On 23 February 2016, JCAM were informed that Davis Haulage was to prepare a proposal for a CVA. On 3 March 2016, a CVA proposal was filed at court and it was circulated to creditors. In the nominees’ report, Mr Muncaster and Ms Bell stated that “if the proposal is not approved, it is probable that the Company will have to go into Administration or Liquidation”.

On 4 March 2016, Mr Davis filed a further notice of intention to appoint meaning a further 10 day interim moratorium was secured. Following the issue of the CVA proposal, creditors with a value greater than the minimum voting requirement “intimated that they did not intend to support the CVA” and that it was therefore uncertain as to whether or not the CVA would be successful.

On 6 April 2016, the CVA proposal was approved with modifications at an adjourned meeting of creditors. The CVA subsequently failed in December 2016 and the company went into administration on 23 December 2016.

JCAM issued an application, on 11 March 2016, seeking that an order be made to vacate the fourth notice of intention to appoint, made on 4 March 2016, and to remove it from the court file on the grounds that it “constituted an abuse of process”. The alleged abuse of process was that Mr Davis had used the notices of intention to ensure that his company was protected from outside processes including the steps taken by JCAM to recover possession of the property.

First instance

The judge at first instance handed down his full judgment on 11 March 2016.

JCAM had submitted that Mr Davis did not have “a fixed or settled intention to appoint an administrator but, at most, had an intention to do so only if the CVA proposal was not approved by creditors” and that as a result he was not entitled to file the earlier notices when his intention to appoint was even less certain than it was on 4 March 2016.

The judge rejected JCAM’s argument and focused on the use of the word “proposes” in paragraph 26(1). JCAM had submitted that “proposes” should be read as “intends” as it is set out in the heading of paragraph 26 – “Notice of intention to appoint”.

The judge stated that the word “proposes” is not synonymous with “intends” as in his judgment “a director may propose to do something without having any settled intention to do that thing” and that “if he proposes to do something he is open to other outcomes”. The judge emphasised that a director has a duty to act in the best interests of the company and that being stuck on one route, being that of administration, will stop the directors from complying with their duties should a better option arise. This is because “the effect of requiring a director to surrender any real hope of an alternative before serving and filing the notice”.

JCAM appealed the first instance decision.

Decision

The appeal was heard by Lord Justice Jackson on 30 March 2017.

Lord Justice Jackson set out that the “lynchpin” of the first instance judge’s decision was the use of the word “proposes”. Lord Justice Jackson disagreed with the first instance decision as he set out that “proposes” and “intends” are synonyms and the legislation was obvious in its own intention as it repeatedly uses the phrase “notice of intention”.

Lord Justice Jackson highlighted that the real issue was “whether a person giving notice must unconditionally propose or intend to appoint an administrator or whether that person may propose or intend to do so as only one of two or more alternative or, as here, only if the CVA proposal is not approved”.

It was held that:

1. The purpose of the notice is limited to enabling the person with the right to appoint an administrator to exercise their right, and the purpose of the moratorium was to “protect the company and its assets” whilst a decision is made in relation to the appointment.

2. Paragraph 26(1) obliges a company or its directors to give notice if:

a. It is proposed to appoint an administrator and there is a prior QFCH,

b. The company is preparing a CVA with the alternative option being the appointment of an administrator (even though such a notice could lead to the frustration of any CVA should the QFCH use his right to appoint and administrator).

3. The circumstances of a moratorium in order to gain approval of a CVA are “strictly limited to an eligible company that takes the steps” set out in Schedule A1 Insolvency Act 1986.

Lord Justice Jackson stated that the original judge’s order “cannot stand” and the fourth notice of intention should be removed from the court file.

Comment

In his obiter comments, Lord Justice Jackson emphasised the need for insolvency practitioners to understand that the “giving and filing of a notice when there is not a settled and unconditional intention to appoint an administrator was not permitted” and that there was “no doubt” that in a technical sense this is an abuse of process.

The decision in this appeal sets out that a conditional proposal to appoint an administrator does not “entitle or oblige a company or its directors to give a notice”. Notices of intention to appoint should only be issued where the parties have achieved a settled intention to appoint an administrator.

Many see this decision as a blow to the flexibility of the administration process as it restricts the use of a notice of intention where there is no QFCH. This means that companies in trouble who have not granted a qualifying floating charge will be left unable to utilise the moratorium which, when utilised correctly, can provide important breathing space for companies to review and prepare for the intended insolvency processes to take place.

Insolvency practitioners would be wrong to ignore the warnings in this case as the judgment was made by Lord Justice Jackson, a renowned judge, and was unanimously agreed. Practitioners must therefore be aware of the need to give careful advice to a company with no QFCH in order to protect the assets as an interim moratorium will no longer be available unless their confirmed intention is to enter administration.

Interestingly Lord Justice Jackson refers to the government’s consultation on a moratorium for companies in financial difficulty, but rightly states that no firm proposals have yet been published. This is something that insolvency practitioners should keep a close eye on in order to understand the upcoming changes to the issue of moratoriums.

For more information please contact Alexandra Withers

#insolvency #alexandrawithers

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cristinkgarzaky · 7 years

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20 Houses Under $50,000: May/June 2017 Edition

by Elizabeth Finkelstein

Happy Memorial Day, everyone! To help kick off summer (and summer house projects!), here are twenty beautiful historical homes for sale for under $50,000. Enjoy! (If you come across any beautiful old houses for sale for under $50,000, send them along to us at [email protected])

1 8591 Ernest Rd, Royalton, NY Source: Hunt Real Estate ERA $49,900 Sitting on an attractive country lot, this fabulous 2 story, old style dwelling, with a Victorian flair, is conveniently located to major roadways, shopping, the City of Lockport and the eastern suburbs of Buffalo. On the first floor you will find a very large living room, spacious dining room, country kitchen, half bath, first floor laundry and mud room at the back. The full bath and four bedrooms are located on the second floor. The property also features an open wrap around front porch, enclosed porches on the left and right sides of the dwelling, a deck, a full unfinished basement with exterior access, a walk up attic and an over sized two car garage.

2 The Jackson House, Rayle, GA For more information, contact Scott Reed at [email protected] $15,000 (must be moved) This picturesque vernacular cottage is available for relocation! Owned by the City of Rayle , the historic Jackson House is now threatened by imminent demolition to make way for a park. A comfortable floor plan offers six large, light-filled rooms with (mostly) original six-over-six windows of Greek Revival proportion. The wide central hall is flanked by two rooms at each side. A kitchen el offers two additional rooms, each accessing a rear porch. Though currently lowered in most spaces, ceilings are 12’ in height. Three original fireplace mantels remain, each reflecting the transitional architectural styles. Floors are a mix of original heart pine and oak that was later added to the central hall and one front room, in early 20th century fashion. Look closely and one will find the shadows of the original Italianate portico that once graced the front of the home. All structure remains sound and in very good condition. A buyer must be found before July 7th, 2017 to prevent the demolition of this great historic property.

3 2 Howard Siding Ln, Abbot, ME Source: The Folsom Realty Group $45,000 This historic building was once a classroom in the 1900’s. This building is a little piece of Abbot’s history with lots of character and unique features. Inside it has many original details like hardwood floors and window trim. As a old schoolhouse, it would be a beautiful building restored, converted to a residential home or even turned into a place of business.

4 102 S Front St, Hamilton, NC Source: Keller Williams Realty – Points East/a> $49,900 Two historic properties for one low price!!! Main house: Ell-shaped frame cottage with southern front porch, extra large foyer, parlor, formal dining, kitchen, two bedrooms with two baths. original heart pine flooring, high ceilings, 3 fireplaces, long side porch with opening to every room! Guest house: c late 1880s as a commercial building with living room, bedroom, bath, carport and laundry room. Historic covenants and eligible for historic tax credits.

5 320 Madison St, Mount Hope, WV Source: Zillow, courtesy of Walbrown Real Estate and Appraisal Services $39,000 Lovely 4 bedroom 2 bath home. With a little TLC this could be the perfect show place. Shop in basement and two car garage on property.

6 608 Marshall St, Fredericktown, MO Source: Swinford Realty LLC $39,900 Looking for uniqueness and character? This 115 year old charmer has it! 10′ ceilings, original pine floors and staircase, wavy glass, ornate entry door, 3rd floor attic waiting to be finished and much more. Located on a large, West side lot, with a great mostly fenced yard and plenty of room for off street parking. If your looking for that one of a kind project that is ready to make your own, the current owner has made a good start and is ready to pass this project along to someone with the vison and ambition to maximize this home’s potential.

7 907 3rd St, Henry, IL Source: Zillow, courtesy of Jim Maloof Realty, Inc. $49,000 Impressive Period home with multiple fireplaces, beautiful woodwork, doors, open staircase, living room, dining room, family room, parlor, main floor laundry, very nice new kitchen addition with walk in pantry, & potential for 2 more bedrooms. 2 car detached garage.

8 734 S Broad St, Kenbridge, VA Source: Long and Foster Real Estate $45,000 Four bedroom located in the quite town of Kenbridge VA. This fixer upper has original hard wood, window, crown and chair molding. Give this home some TLC and it would be a show stopper.

9 115 Green St, Herkimer, NY Source: Zillow, courtesy of Coldwell Banker Faith Properties $39,900 Investors project on busy business Street. Over 3600 square feet of usable space, office, apartments, so much potential! Brick structure, hardwood, woodworking of the era, loft over garage has potential too and plenty of parking off street.

10 214 Cook St, Sandersville, GA Source: Town & Country Real Estate and Investment Company, Inc. $34,900 Early 1990’s home with charm! The wide hallway and large rooms take you back to an earlier time. Hardwood floors, plaster walls and high ceilings are just a few of the nice features. Home sits on a beautiful lot and is within walking distance of downtown Sandersville. Call us today to visit this unique property.

11 250 Commerce St, Hardin, KY Source: Keller Williams Experience Realty $49,900 Charm of yesteryear…in the Prairie Craftsman style…beautiful stained glass and transom windows, 5 fireplaces, french doors and sunroom are just a few of the great features of this home. Master bedroom and large master bath, walk in closet on main level as well as an additional bedroom and bath…2 bedrooms upstairs. 2 car garage as well as another garage/workshop…so much for so little. Unknown if HVAC works. See FEMA Map 0170E or verify flood plain status with your local GIS or insurance agent.

12 330 Main St, Eclectic, AL Source: Zillow, courtesy of ALFA Realty $45,000 Located in the heart of Eclectic , close to town and schools. Great fixer upper. Large rooms. Enjoy sitting on our on front porch feeling the cool breeze.

13 62 Mohawk St, Fort Plain, NY Source: Zillow, courtesy of Century 21, Purtell $19,900 Great opportunity to bring back the days of glory to this classic home. Large foyer with wide staircase, large living room, large formal diining room off the eat in kitchen. 4 bedrooms with full bath upstairs. Lots of space and a large yard with a 1 car garage.

14 611 W Market St, Greenwood, MS Source: Coldwell Banker Southern Real Estate $17,900 This 3047 square foot single family home has 4 bedrooms and 2.0 bathrooms. It is located at 611 W Market St Greenwood, Mississippi.

15 24 Tow Path Rd, Wawarsing, NY Source: Zillow, courtesy of CENTURY 21 Geba Realty $25,000 A former train station!

16 25 Main St, Oxford, AL Source: Keller Williams Realty $39,900 Home sold in “as is” condition and could be a showplace with some renovations. Home features massive wooden doors, hardwood floors, ceilings, large foyer, and awesome staircase. Big backyard to enjoy.

17 408 S Main St, Rich Square, NC Source: Zillow, courtesy of Revelle Realty, LLC $39,000 Beautiful cottage, built around 1880. Hardwood floors, high ceilings, beautiful woodwork. This property has been used as an attorney’s office, but would make a perfect little home. There are 2 or 3 rooms that could be used as bedrooms and a recently remodeled bathroom. The kitchen needs to be redone and the home needs a little tlc, but the potential is there! Come check out this adorable home today!

18 529 S Fayette St, Washington Court House, OH Source: EXIT First Capital Realty $21,000 Brick 2 Story home featuring 3 bedrooms 1 Full bath and 1 Half bath. Tall ceilings with tall doors and beautiful woodwork through out. Large backyard/ corner lot. 1 Car detached garage. Lots of potential. HUD Case #413-438446, Sold AS-IS. FHA Insurability subject to FHA Appraisal. Current appraisal determined this property to be ‘UI’ (FHA Uninsured), 203K Eligible. Visit www.HUDHomestore.com for more properties and bidding instructions. Equal Housing Opportunity.

19 409 S Main St, Warren, AR Source: Zillow, courtesy of Key Realty $29,900 This historic property is in a great location with a lot of charm. you will love the Ball room for entertaining. The property is a fixer upper but has loads of potential.

20 700 Rosemont Ave, Cincinnati, OH Source: Coldwell Banker West Shell $49,900 A great price for this 3 bd rm (could be 4), 1.5 ba brick home; spacious w/ a lot of character and a lot of potential; 2 fireplaces and a solarium on the backside of house. Come see for yourself!

Bonus! 411 E Wilson St, Tarboro, NC Source: Century 21 The Combs Co $35,000 Beautiful home in the historic district in need of remodeling. 3 or 4 bedrooms, 2 baths – one has not been finished – hardwood floors, porch, corner lot, spacious rooms and built ins. Great price.

Love cheap, beautiful old houses?

Follow CIRCA’s latest Instagram feed at @CheapOldHouses, on which we showcase only gorgeous historical homes for sale for under $100,000.

AUTHOR ELIZABETH FINKELSTEIN

Elizabeth is the founder of CIRCA and a practicing writer, architectural historian and preservation consultant living in Brooklyn, NY. Elizabeth has loved historic houses for as long as she can remember, having grown up in an 1850’s Greek Revival gem that was lovingly restored by her parents. Elizabeth, her husband Ethan and their beagle Banjo remain on a relentless hunt for their perfect “Thanksgiving house.”

from House Retoration Tips http://circaoldhouses.com/15-houses-under-50000-mayjune-2017-edition/

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juliasmathewus · 7 years

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20 Houses Under $50,000: May/June 2017 Edition

by Elizabeth Finkelstein

15 24 Tow Path Rd, Wawarsing, NY Source: Zillow, courtesy of CENTURY 21 Geba Realty $25,000 A former train station!

Love cheap, beautiful old houses?

Follow CIRCA’s latest Instagram feed at @CheapOldHouses, on which we showcase only gorgeous historical homes for sale for under $100,000.

AUTHOR ELIZABETH FINKELSTEIN

from Home Decoration Ideas http://circaoldhouses.com/15-houses-under-50000-mayjune-2017-edition/

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