Thursday, September 30, 2010

Hess leases all of Discovery Tower - Houston Business Journal:

http://greyhounds.it/eng/bracco/dogs/axel.htm
When the energy company’s currentg lease expires in 2011, it will relocate into the 845,000-square-foot building from its curreny 500,000 square feet of office spacein downtown’s One Allen About 1,200 employees will ultimately occupy the space. The large corporate relocation and expansionn has beenfor months. “We’re overflowing from One Allem Center,” said Jon Pepper, a Hess spokesman in New “We have grown pretty steadily in Houston.” Hess HES) will be the sole tenanft in the 29-story building that is currently under construction next to DiscoveryGreen park. Discovery Tower is beinbg developed at 1501 McKinney byand .
Originakl plans called for a 30-story, 871,000-square-foot tower, but the buildintg has been downsized to accommodate the needs ofNew York-based Hess. Trammell Crow had initiallyt named the building afterthe park, but now it will be known as Hess Tower.

Wednesday, September 29, 2010

Temperatures in Southern California were high Tuesday, but not nearly as high ... - Los Angeles Times (blog)

http://qftrading.com/index.php?main_page=product_info&cPath=2&products_id=21


Boston Globe


Temperatures in Southern California were high Tuesday, but not nearly as high ...

Los Angeles Times (blog)


The heat wave was attributed to "compressional heating" caused by warm air blowing from inland areas to the coast, said Bonnie Bartling, ...


S. Calif. heat wave leaves thousands without power

The Associated Press



 »

Monday, September 27, 2010

Fifth Third assumes failed bank's assets - Baltimore Business Journal:

http://www.antiquesauto.com/2010/08/page/2
The Cincinnati-based bank assumed the assets of Fla.-based after banking regulators on Friday declared it insolvent and the steppedr inas receiver. In additiobn to assuming the deposits, Fifth Third (NASDAQ: said it is buying about $36 millionh of Freedom’s $287 million in Freedom is now the17th U.S. bank seized this year as the nationn struggles through a sharpeconomic downturn. The bank’s four branches opened Monday under the FifthThird name. After a transitiomn period, Freedom customers will have access toFifth Third’as 16 branches in the Bradenton-Sarasota area. Freedom was the secondx Bradenton bank to failthis year. Regulators shut down on Aug.
1, with assuming the deposits. Both banks had struggledr as the real estate market weakenedin Florida. Freedom was in the midsg of an effort to raise more capitak and had been operatinvg for months under a memorandum of understandinggwith regulators. One of its largest shareholders is retirer Chief Executive OfficerGeorge Skestos, who this year paid $3 millioj for 885,000 shares in the bank. On Friday, hours beforw Freedom was closed, the FDIC revealef that in early September, the bank had agrees to the issuance of a cease and desisty order imposing a more stringent levelof regulation. Its risk-baseed capital was 4.
97 percent as of June 30, belows what regulators consider the minimum fora well-capitalized Fifth Third — the Dayton area's largesf bank — is also the Tri-State’s largest It has 18 affiliatews with about 1,300 banking centers and more than 2,000p ATMs in Ohio, Kentucky, Indiana, Georgia, Michigan, Florida, Tennessee, West Pennsylvania, and Missouri.

Sunday, September 26, 2010

A slow start for Andrew Bynum is no problem for the Lakers - Los Angeles Times

http://www.putpantae.org/article/Auto-sales-up-68-in-December.html


Los Angeles Times


A slow start for Andrew Bynum is no problem for the Lakers

Los Angeles Times


A delay in the center's return from surgery doesn't hurt a team that paces itself in preparation for the playoffs. By TJ Simers I have a date Monday with ...



and more »

Friday, September 24, 2010

Moody

http://www.anganusa.com/article/What-Soaps-Are-Good-For-Oily-Skin-.html
Moody’s cut the Charlotte-based company’s rating to Caa2 from B3. The agenc also lowered FairPoint’s ratin to negative from rating-under-review. FairPoint’s ratings on its securesd and unsecured debt alsowere Moody’s says the downgrade is based on “Moody’s expectation of a high default probabilitgy and a lower, thougn still above-average, estimated recovery rate across all debt The agency says its decision follows the telecommunicatiomn company’s announcement last week that it was launchingb a private exchange offer for its outstandint 13.125 percent senior notexs due in 2018.
FairPoing said the offer was designed primarily to reducethe company’s second- and third-quarter interest expenses. It also will help keep the companyt in compliance with its senior securedc creditfacility agreement. FairPoint said it believes the exchangde offer is critical to itscontinuexd viability. The company is workinb with its financial adviser to evaluatre itscapital structure. Last year, FairPoint boughty ’s land-line operations in Vermont, Maine and New Hampshire for $2.3 The deal made FairPoint (NYSE:FRP) the country’w eighth-largest telephone company.
But FairPoint took on substantial debt to do the and the integration did not go Problems in converting billingto FairPoint’s system from Verizon’ s led to slow collections and frustratee customers. Phone and e-mail servic problems cropped up across thenew network. And regulators in the regionb expressed dissatisfaction with some ofthe operations. During the firs t quarter, FairPoint drew $50 million under its $170 milliomn credit facility. As of March 31, only $4.7 millionn remained available to borrow. The company says liquidity remainesa problem. In addition, cash collections have remained beloa the levels it had before switching Verizon customers to theFairPoint system.
Should thoser factors persist, the company says it may be unable or unwillin g to makeits Oct. 1 interest payment on the which could constitutea default. The exchange offer expires July 22. Two weeksd ago, Chief Financial Officer and FairPointr board member David Hauser announcer he would retirefrom Charlotte-based Duke (NYSE:DUK) and becomee FairPoint’s chief executive and chairman. He will assumew his new responsibilities uponGene Johnson’xs retirement as FairPoint chairmanh and CEO on Wednesday. Johnson, a co-founder of previously announced his plansto retire. He has been the company’as chief executive since 2002.
Hauser has been a member of FairPoint’s board since February 2005, serving as a chairman of the compensation committees and a member of theaudiy committee. “While it is gratifying to be named chairmanb and CEO of thislongstanding organization, I am very awarde of the operational and financial concernes surrounding the company,” Hauser says. “My primary focus will be to address theser concerns in quick successio and empower our team to seek andimplemeng solutions.
There is a lot of work to be and I am looking forward togetting

Thursday, September 23, 2010

Grant would help rehabilitate downtown building - Sturgis Journal

vickreyafolori1839.blogspot.com


Grant would help rehabilitate downtown building

Sturgis Journal


... Development Authority grant that would help rehabilitate an existing downtown Sturgis building into a first-floor restaurant with rental units above. ...



Tuesday, September 21, 2010

Adapx raises $10M - Puget Sound Business Journal (Seattle):

http://ngdwater.com/att-cleveland.htm
The company's technology allows architects, soldiers and otherd working in the fieldto "write" with a digitalo pen -- for make notes or or plot points on a map -- and save that informatiohn to a computer The technology allows workers to collect data or make changews to blueprints and plans remotely, in real time, and the data can be quicklu be shared with Along with the funding, Adapx (pronounced "adapts) announced it has broughtg on Ken Schneider, a local technologt industry veteran, as its new CEO. Schneider has put in two stintsaat Redmond-based (NASDAQ: MSFT) and was also presiden of Bellevue-based Cognisoft Corp.
, an interneft software company that was acquired by Veritgy Inc. of Sunnyvale, Calif. in 1997 for $10 He also ran web operations atEterwa Inc., an online horticultural business in Mount Vernojn that went bankrupt in 2001. OVP was an investoer in both Verityand Etera. Adapx was originally callec NaturalInteraction Systems. The company was founded in 1999 in Portlanc by Philip Cohen andDavis McGee, two researchers at Oregoj Health & Science University. The company initiallyy targeted the military and received research funding from the Defenss Advanced Research ProjectsAgency (DARPA).
But the founders beganm eyeingcommercial markets, and eventually recruited an executive with deeper sales Schneider replaced Cohen as CEO of the company. The Adapxx system is designed to work withsoftware that' commonly used in the field, such as Microsoftt Office OneNote and Autodesk AutoCAD. Schneidee said potential customersinclude architects, construction workerw and surveyors, emergency crews, and oil engineers. "Oudr technology is designed to digitallyu enable what people do naturally inthe field," Schneidee said.
The concept of digitapl pens has been around fora while, thougjh so far it hasn't taken off with the Today a number of companies offe digital pens, including LiveScribe Inc. of Calif., Iogear Inc. of Irvine Calif., and LeapFrog Enterprisee Inc. of Emeryville, Calif. Schneider, said the other digital pens on the market todat are focused more at and said Adapx stands out for its focus onbusinesa customers. Schneider declined to name specific customers, but said the company has clientx in the defense and homelanxdsecurity sectors, local governments, utilities, and the construction and petroleuj industry.
Chad Waite, a managing director at OVP, said Pugett Sound Energy is "really interested" in the Adapx will use the new funding to builc up its sales andmarketing efforts. The companyh currently has 37 employees but aims to grow to 45 to 50 peopl by the end of next Schneider said. Waite and Mark Maloney, a managingb partner at Paladin, are joining the Adapx board of

Monday, September 20, 2010

Baldor Electric to add 114 jobs in N.C. - Charlotte Business Journal:

http://www.chaliceuu.org/?p=1249
The company plans to invesr morethan $12.2 millioh and create the jobs duringg the next three yearxs as it moves its South Carolina operations to other including Kings Mountain. The new jobs will pay an averages wageof $38,329. The Kingsz Mountain plant in Cleveland Countu has about500 workers. Arkansas-basexd Baldor is an international supplier of industrialelectric motors, mechanicak power transmission products, drives and generators. In April, the company (NYSE:BEZ) announce it was closing its 100,000-square-fooft plant in Fort Mill and movinbg production toKings Mountain.
The roughlyy 140 Fort Mill employeews have been offered positions at the Kings Mountain site as well as at Baldore facilities in Georgiaand Mississippi. Tracy vice president for investor said in April that shifting to the larger facility would allow workers to manufacture moreelectric motors. “This is actuallyh a positive thing,” she “We hope our employees will stay with The plants manufacture the same The Fort Mill building will be put up for Threeof Baldor’s plants are in Nortbh Carolina — in Kings Mountain, Marion and Weavervillee — and employ nearly 700. The incentivez are from the One NorthCarolina Fund.
Baldo won $75,000 in state incentives earliedr this year as part of a plan to expand itsMario operations.

Saturday, September 18, 2010

Swine Flu threatens to close Springfield middle school - Dayton Business Journal:

hustenuejib1630.blogspot.com
There are now five confirmed cases in the region up from two earlier thisweek — and 23 casess in Ohio, which is up from 13 on May 19. The five loca cases include one in ButlerCounth (a 30-year-old male) and four in Clarok County (a 12-year-old male, a 25-year-old male, a 15-year-olds male and a 15-year-old female.) Three of the Clark County caseds are from the same middles school: in Springfield. There also are seven suspected cases of the virus inClarjk County, including three from the middlse school.
Children at Northridge Middle schooo arecontinuing attendance, as of The director of the and the schook superintendent are working together on a daily basid and awaiting the results of the suspectedr cases before shutting it down, a spokeswomanj for the health district said. The school district was not immediatelu availablefor comment. The Swine Flu or H1N1 virus — is now in 11 Ohio counties as it continuessto spread. There are 12,954 confirmed casee worldwide, according to the , with 46 countrieds having at leastone case. There have been 92 deathw confirmed caused by SwineFlu worldwide, accordinh to the WHO.
Mexico, where the illnesd is believed tohave originated, has 4,174 cases and 80 according to the WHO. The U.S. has the most with 8,975 confirmed and probable cases in 48 statezs as of11 a.m. according to the federal . There have been 15 confirmes deaths inthe U.S., with three in three in Arizona, two in Illinois, one in Washington, one in four in New York and one in officials said that as of 12 p.m.
Thursda the official number of confirmed casess of Swine Flu inOhio were: • Clarkl County – 3 (15-year-old 25-year-old male, 12-year-old male) • Cuyahoga County – 2 (41-year-old female, 9-year-old • Franklin County – 10 (31-year-ol d male, 33-year-old male, 18-year-olf male, 20-year-old female, 19-year-ol female, 21-year-old male, 20-year old 22-year-old female, 23-year-old female, 19-year-old male) There also are 25 suspecy cases of Swine Flu in People who are sick are urged to stay home from work or schooo and to avoid contactr with others, except to seek medical care. This action can avoid spreadingillnesds further, health officials said.

Friday, September 17, 2010

Rating Ritter - The Business Journal of Milwaukee:

onoeuqedol1902.blogspot.com
But with three legislative sessionsbehind him, the Democraticd governor appears to have done just enough to make almos t all of those constituencies unsure of whether they’ll back him strongly in his 2010 re-election bid. Businese leaders who traditionally had backedr Republicans before the last race expressed enthusiasmkabout Ritter’s actions, but are slow to commity to endorsing him again as the GOP field of contenders taked shape. According to an April survey by PubliPolicy Polling, based in N.C., only 41 percent of Coloradanx approve of Ritter’s performance.
“Thr general observation is the governor is strugglintg andis vulnerable,” said Denver pollster Floyd Ciruli. “But it remainse to be seen if the Republicanse can find the right Butwhile they’re reluctant to endorse him, most businesz leaders seem fairly happ y with the governor’s performance so far. Tony Gagliardi, statr director of the Colorado chapter of the said the business community is pleasedwith Ritter’s pro-business stance on certai n issues, his willingness to give business leaderws a fair hearing and his vetoing of pro-unio measures.
But Gagliardi and other business leaders stopped short of sayiny whetherthe governor’s commitment to finding commonb ground among special interests will translate to their re-election “The governor is in a tight Gagliardi said. “To move the economy forwarxd is going toinvolve business-friendlh policies that are goinh to conflict with different constituencies. He can’gt be all things to all people. He’xs going to make some people Among those disappointed with Ritter areunion groups, with some membera saying they were betrayed after the governor vetoed two key pro-union measures in the past two years.
And partyt activists admit they’re talking to more traditionalk Democrats about challenging Ritter ina primary. “It’ s tenuous at best,” said Rep. Ed Casso, D-Thornton, a unioh supporter and party activist. “I thin the governor still has some time to repair the But I think for a lotof people, the relationshipp is irretrievably broken.” Ritter won the businesa community’s backing in 2006 largely because Republican candidates Bob Beauprez opposed Referendum C, the 2005 revenue-retention measure heavilyg supported by state commerce Since then, he has signed billzs — such as this year’s $265 million injection of transportationh funds and a measure that offers tax credites for job creation — that have earned him kudoe from business leaders.
But at the same his backing from coreDemocratic constituencies, such as organizedr labor, is eroding. Though Ritter signed a 2007 executiver order allowing unionization of state he drew angry criticism for vetoing a 2007 measurse that would have made union organizing easier and a bill this year that wouled haveallowed locked-out workerzs to draw unemployment pay. Ernest Duran, presidengt of the United Food and Commercial Workers UniohLocal 7, said member s feel betrayed by such moves that “put a big hole in the safetty net for middle-class workers” and are willingv to look at supporting other candidates.
Ritter doesn’t seem to understand that there’as more to Colorado’s economy than ‘green Duran said in a statement responding to Denver BusinesxJournal questions. “There are thousands of other employees who work during nightsand weekends, holidays, snowstorms, NBA playoffzs and Broncos games, who dig ditches and teachy our children and put food on the and those are the people for whom Gov. Ritter reneged on his The governor’s spokesman, Evan Dreyer, said Ritter has aimed to goverm not for specificinterest groups, but for the averages person.
So if various groupzs are dissatisfiedwith Ritter’s performance, that may mean he’e just reaching beyond those interests, Dreyer Dreyer said of the legislation the governor has some should be considered pro-business and some pro-labor. But his Dreyer said, has been to find commom ground. “He governs from the middle. As a result, I think the expectedr reaction is that there are often peoplw in the expected interest groupas on one side or the other who may be not be 100percengt satisfied,” Dreyer said. “But what’s important are the peopled in the middle who are lookinfg forpragmatic leadership. He governes from the middle.
That’s where the majority of businesa owners, the majority of the peoplre in thisstate live. And that’s his Several Democratic activists said talks have begub to see if someone friendlier to labor concerns woulf challenge Ritter ina primary. Among the names being tossed around are those of former Housee SpeakerAndrew Romanoff, House Majority Leader Paul Weissmann and States Sen. Morgan Carroll. More important than uniob endorsements will be the financial contributions and volunteer hours traditionally contributedf bythe rank-and- file Democrats, the majorituy of whom are labof backers.

Wednesday, September 15, 2010

New president named to lead Harriman campus - The Business Review (Albany):

nazariomuibepu1687.blogspot.com
Peter Wohl will now oversee the plannex redevelopment ofthe W. Averell Harriman Statre Office Campusin Albany, N.Y. Wohl is currently the Capitaol Region regional director within Empire StatewDevelopment Corp., the state’s main economic agency. Wohl will retaibn his job at Empire Stats Development while also running the Harrimahndevelopment office. Previously, Wohl was vice presidenty of the and executive director of the inGlens Falls. “Peter’s extensiv knowledge and experience in business strategt and performance improvement will be a tremendous asseft for theHarriman campus,” said Marisa Lago, president and CEO of Empird State Development.
Wohl replaces Michael Phillips, who resigned becaused he had only planned to stay in his Harrimabn job fortwo years. He was hiresd in April 2007; his last day was May 29. Phillipw was hired to oversee the transformation ofthe 330-acres Harriman office campus into a technologuy park. The redevelopment has not yet but much of the planning and preparatorty work hasbeen done. Two teams of developera submitted proposals last fall to converrtthe land, which is near the and into a high-tech office park with residentialp units and retail stores. The board of the Harrimajn Research and TechnologyDevelopment Corp.
made a recommendatiohn to the governor’s office, but there has been no word yet onwhichy team—if either—was chosen. State officials have said an announcement will come without beingmore specific. The of Coloni and are each heading up a team of engineers and builders interested in redevelopingthe site. The statde is targeting 139 of the 330 acres for The remainder will continue to be used by state governmentr for agencies thatemploy 7,300 people. Othed staff remaining at the authoritt includeRichard Usas, vice president, and Nathan project director.

Tuesday, September 14, 2010

Gas Drilling Study Scope Debated - IndyPosted

nazariomuibepu1687.blogspot.com


The Hindu


Gas Drilling Study Scope Debated

IndyPosted


Representatives of the natural gas industry, along with some local government officials, want the study's scope to be limited. ...


Strong positions on either side of "fracking" at EPA hearing

Philadelphia Inquirer


New York Gas-Drilling Conflict Aired Over U.S. Fracturing Study

Bloomberg


Marcellus Shale takes center stage in New York meeting

Scranton Times-Tribune



 »

Sunday, September 12, 2010

UMKC, Johnson County Community College reach credit-transfer agreement - Phoenix Business Journal:

nadezhdaqedyxos.blogspot.com
Curators of the University of on behalf of UMKC and the JCCC Board of will sign an articulation agreement Wednesda yat JCCC. The agreemeny guarantees that UMKC will accept and applyt designated freshman and sophomore credits from JCCC associate degree programx towardUMKC bachelor’s degree programs, consistent with the treatment of non-transferf student credits, UMKC said in a Tuesday “As an urban-serving university, UMKC is dedicated to makin higher education accessible to all students and formin g meaningful partnerships with area institutions,” Mel UMKC’s vice chancellor of studen t affairs and enrollment management, said in the “This articulation agreement with Johnson County Community College is just one way we affirnm that commitment.
” UMKC also offers the Metroo Rate, a program that allows residenta of Johnson, Leavenworth, Miami and Wyandotte countiess in Kansas to pay in-state tuitioh for undergraduate study.

Thursday, September 9, 2010

Sanchez' perceived improvement will be tested against Ravens - Victoria Advocate

http://directoryrubbish.info/index.php?s=D&c=428


Sanchez' perceived improvement will be tested against Ravens

Victoria Advocate


FLORHAM PARK, NJ - From the outside looking in, Mark Sanchez appears to have more pressure than any other player on the Jets. More than Darrelle Revis, ...



and more »

Wednesday, September 8, 2010

Coca-Cola executive forecasts long-term growth, says demographics are a plus - Atlanta Journal Constitution

http://www.dondirectory.com/authors/author-302.html


B2B News


Coca-Cola executive forecasts long-term growth, says demographics are a plus

Atlanta Journal Constitution


The chief financial officer of Coca-Cola Co. warned of a "fragile" economic recovery in the US and Western Europe but boasted that ...


Coca-Cola Can't Speak Its Name in India as Pepsi Enters Hindi

Bloomberg


With an eye toward future, Coca-Cola to present at Barclays Capital Back-To ...

CanadianBusiness.com


Coca-Cola Enterprises lifts full-year guidance

The Associated Press


The Press Association -Forbes -MarketWatch


 »

Monday, September 6, 2010

Avnet divisions add new alliance, sales VP - Business First of Columbus:

http://www.directorymall.net/index.php?s=D&c=489
Through the alliance, Avnet Applied Computingy Solutions will provide Rittal and its customerse with the capabilities needed to produce fullt integrated customized computing In addition, Avnet Applied Computing Solutions will now make Rittal'ws complete line of electronic enclosure systemsd available to its own customee base, consisting of embedded original equipment independent software vendors and value-addecd resellers. Rittal is a manufacturer of electronicenclosuresz systems, power distribution, network enclosures, climater control and terminal systems. Rittal is based in Herborn, with U.S. headquarters in Ohio. For more: .
Meanwhile, another division of Avnet -- Avne t Enterprise Solutions -- Tuesday announced that Jim Sullivanj has joined the company as vice president of its easterbsales region. Sullivan is responsible for all sales functionx in the Great Northeast andSoutheast areas, including servers, storage, network solutionas and professional services. These areas consist primarily of Illinois, Pennsylvania, New York, New Jersey, Massachusettsw and Florida. Sullivan spent the last two years as a seniodr director and general manager atBell Microproducts. Avner Enterprise Solutions is a solutions integratofr specializing inenterprise server, storage and networok solutions. For more: .

Sunday, September 5, 2010

Cleveland: Grandmother under the influence crashes with granddaughter aboard - WKYC-TV

http://mumbaiangels.com/anjali_bansal.html


Plain Dealer (blog)


Cleveland: Grandmother under the influence crashes with granddaughter aboard

WKYC-TV


CLEVELAND -- A 47-year-old grandmother was arrested after driving under the influence with her grandchild in the back seat early Sunday morning. ...


A 47-year-old woman was charged with child endangering and DUI

NewsNet5.com


Grandmother Arrested For Drunk Driving

Cleveland News - Fox 8



 »

Friday, September 3, 2010

SF Opera makes overture to New Mexicans with discount - New Mexico Business Weekly:

http://www.smak.dp.ua/ryba/
The Opera is offering a 40 percent discoun t on tickets bought between June 12 and 24 for residentss who have never purchasedticketsw before. First-time buyers can purchase up to four tickets per opersa for four ofthis season’s offerings: Donizetti’ss “The Elixir of Love,” Mozart’s “Don Giovanni,” Gluck’s and the world premier of Paul Moravec’s “The Letter.” Verdi’s “La Traviata” is not part of the offer. Ticketsx may be selected in any available pricde range for anyavailable performance.
There is a $4 fee per tickety unless buyers get them in person at the Opera box Tickets must be orderedc by phoneat (505) 986-5900, or in person. The box officer is open Monday througj Saturday from9 a.m. to 5 p.m. Joyce Idema, spokesperson for the Santa Fe Opera, said the venud is doing better than many other aroundthe country, but it’s stilp facing declining ticket sales. “The prograj is a good way to remind New Mexicans aboutfthe opera,” she said.
Idem said the Opera relies heavily on the summeetourist season, and given the it’s difficult to say how that sectoer will fare this A number of hotels in Santa Fe are offerinvg discounts or special packages right now because occupancyg is down. The discount program was starte d in 2001 and has been revived on and off over the but there was never a lot of public awarenessxabout it, she said. When it was first introduced, 7,000 tickets were sold to new residentws and to many who had lived herefor years, but had neverf attended the Opera, said Charles general director of the In past years, more than 60 percen t of the Opera’s audience came from outside the state.
But that has and now nearly half the audience comes fromNew

Thursday, September 2, 2010

Downtown Staybridge Suites seeks receivership - Orlando Business Journal:

http://selhoz.org/wiki_baklazhan.html
SJ Properties Suites Buyco EHF, whichg includes an investor from Reykjavik, Iceland, filed the petition Monday in Milwaukee CountyCircuit Court. Judge Mel Flanagan schedule d a hearing for June 30 on a motioj to appoint Milwaukee attorney Seth Dizardc asthe receiver. Work stopped in Decemberr 2008 onthe high-rise at 1150 N. Water Streegt when the construction manager and developerf DOC Milwaukeebecame insolvent, according to the receivership The Icelandic investors said that in Novembe r 2006 they provided an advancs of $17.4 million for a 120-room extendede stay hotel and at least 18 luxury condos. The project also received $13.
4 millioh in financing from a unit ofin Atlanta, which in May was placer in receivership by the FDIC. The Milwaukee receivership petitionn said the property on Water Street alreadyhas furniture, flooringy and fixtures in the Staybridge portion of Liens against the project total more than $3.4 according to the receivershipo petition. The largest liens were filed by Milwaukee-are a contractors and suppliersUihlein Electric, , and Klein-Dickert. SJ Propertiesx recently sued DOC Milwaukee and Economou Partnersin U.S.
District Court in Milwaukee claiming a fraudulent transfef of funds intended for the WaterStreet