Real estate braces for another tense night

first_img(Credit: Lev Radin/Pacific Press/LightRocket via Getty Images)New York’s real estate industry braced for another night of uncertainty Tuesday after high-profile instances of looting cast doubt on the city’s recovery.Protesters started gathering again in the afternoon ahead of the city’s moved-up 8 p.m. curfew as shop owners boarded up storefronts. The previous night, looters struck Soho, Midtown and the Fordham Road section of the Bronx, among other areas.Late Tuesday afternoon, the city announced it was banning vehicular traffic to Manhattan south of 96th Street except for essential workers.GFP Real Estate co-CEO Brian Steinwurtzel said the move should help prevent a repeat of the previous night’s mayhem.“From what I could tell, a lot of the looting was organized in a way that cars and vans were showing up to do it,” he said. “I think that will help elimane these groups’ ability to do that again.”ADVERTISEMENTVideos on social media showed cars being used to help loot stores in areas such as Soho, where shop owners spent the day assessing the damage from Monday night.In South Brooklyn, a group claiming to include more than 100 business owners and residents said it was gathering “armed with legal weapons, including baseball bats and more” to protect the community from looters.Steinwurtzel said he believed most of the activists protesting the death of George Floyd were doing so peacefully and that a small number of bad actors were stealing from stores. He added that he spent the day talking with residents, store owners and office tenants about their plans for the city’s reopening following the Covid-19 shutdown, and that the looting cast a dark shadow over what had been a sense of optimism.“I think things had been moving in a really positive direction until the past few days,” he said. “It seems like this is the last thing New York needs.”In some of the city’s hardest-hit neighborhoods, business improvement districts reversed guidance they had given retailers early in the shutdown against boarding up storefronts.“At the beginning of Covid, we told owners not to board up stores, that it would send the wrong message,” said Jessica Lappin, president of the Downtown Alliance. “Now we are telling them they should.”Many retailers were preparing to return partially for phase 1 of the city’s planned reopening, set for Monday.“I think all retailers in the city had been making plans to open as soon as they possibly can,” said Peter Braus of Lee & Associates. “This is just going to set them back further.”Kramer Levin attorney Jay Neveloff said it was unclear how the looting and curfews would change stores’ plans to reopen.He did note an anomaly: Looted stores, many of which have been unable to generate sales during the shutdown, may see their first income in weeks — from insurance claims.“It really shows how the world is upside-down right now,” he said.Contact Rich Bockmann at [email protected] or 908-415-5229 Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink TagsBlack Lives Matter ProtestsRetailcenter_img Share via Shortlinklast_img read more

Court lets Fortis off hook for Williamsburg condo defects

first_imgFull Name* Email Address* Share via Shortlink Fortis CEO Jonathan Landau and Bayard Views Condominium at 20 Bayard Street in Williamsburg (Fortis; Google Maps)Since purchasing 37 condo units from bankruptcy nearly a decade ago, a Brooklyn developer has denied that it also acquired responsibility for fixing defects in the building. Now, a court has let the developer off the hook.A panel of Appellate Division judges found that Fortis Property Group isn’t liable for damages or defects that existed at Bayard Views Condominium in Williamsburg before the previous sponsor declared bankruptcy and sold the units.Read moreTexas condo owner blames Manhattan developer’s son for luxury tower defectsLuxury South Beach condo owners sue, alleging defectsCondo owners sue Slate Property Group over construction issues The developer is only responsible for issues at 20 Bayard Street that its representatives “expressly agreed to remedy,” according to an Oct. 7 order.The case could have broader implications for determining who is responsible for faulty construction, especially in cases where the original sponsor is shielded from litigation.“This will encourage and allow the freedom of other people to invest in condo and co-ops,” said attorney Adam Leitman Bailey, who represented Fortis. “This is a really good decision for developers all over New York.”A spokesperson for the condo board said members were disappointed by the court’s ruling. “Notwithstanding the issues caused by FPG, the Bayard Views Condominium has taken it upon ourselves to rectify all construction issues,” the board said in a statement. “Our building is today in great working order because of the perseverance of its owners. In the years that have passed while this case languished in the Courts, the owners of 20 Bayard Street did the work to make the building what it always should have been if FPG had kept its word.” Fortis purchased the Williamsburg condominium’s unsold units in 2011, after the project’s original sponsor, developer Isaac Hager, filed for Chapter 11 protection. Bayard’s condo board sued Fortis in 2014 over various alleged defects, including frequent flooding, bad wiring and HVAC, and cracks in the building’s facade.In 2017 a state Supreme Court judge ruled that Fortis was not liable for these issues, though he left the door open for the condo board to continue to sue Fortis’ principals, Joel Kestenbaum and Jonathan Landau. The board appealed the former part of the order, while Fortis cross-appealed on the latter.The appellate court also reversed the state Supreme Court’s decision on Kestenbaum and Landau, finding that they shouldn’t individually be held liable for the defects. The board argued that the repairs would cost $2 million.A description on StreetEasy of the 62-unit building says it is the tallest building on McCarren Park, offering views that “will lure you in” and interiors that “will make you want to stay forever.” A linked discussion from nine years ago flags the workmanship issues.Still, an upper-floor unit sold for $1,340 per square foot this spring.Contact Kathryn Brenzelcenter_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message* Tagsadam leitman baileyFortis Property GroupReal Estate Lawsuitslast_img read more

Global microgrid control system market set to soar

first_imgFactors driving the market growth include increasing demand for reliable and secure power supply, increasing government investments on microgrids and the growing adoption of renewable energy sources. TAGSmicrogrid Previous articleAfrican Utility Week: TAREA InterviewNext articleAfrica’s GDP growth projected to hit 4% in 2019 Guest ContributorThe views expressed in this article by the author are not necessarily those of the publishers and/or association partners. While every effort is made to ensure accuracy, the publisher and editors cannot be held responsible for any inaccurate information supplied and/or published. RELATED ARTICLESMORE FROM AUTHOR The research firm predicts revenue generation within the market to increase from $2 billion to $3.6 billion during the forecast period. AFD and Eskom commit to a competitive electricity sector Featured image: Stock Generation Low carbon, solar future could increase jobs in the future – SAPVIA Read more on the report here. This article was featured on our sister website Smart Energy International. center_img The global microgrid control system market will record a 13.01% growth between 2018 and 2023, according to a recent study by Markets and Markets. Finance and Policy BRICS The global demand for microgrid control systems is a result of their ability to ensure redundant energy distribution, local power generation, intelligence and automated energy systems and their ability to disconnect/island the microgrid from the macrogrid. Their use results in limited power outages. Read more: Stakeholder participation in global microgrid market The need to reduce carbon emissions, efforts to address consumer energy poverty, and advancements in IoT and communication technologies is expected to positively impact on the market. On the other hand, governmental laws and regulation uncertainty, cybersecurity issues, and the high installation and maintenance costs of microgrid control systems is expected to hinder the market growth. UNDP China, CCIEE launch report to facilitate low-carbon developmentlast_img read more

Widespread coach electrification still a way off?

first_imgNeither Daimler nor MAN looking at e-coaches, but short-distance zero-emission capability more likelyOutgoing Head of Daimler Buses Hartmut Schick: ‘No ZE coach plans yet’Senior figures at both Daimler Buses and MAN have stated that widespread electrification of coaches is many years away, if it is achievable at all.Speaking separately in Germany last week, representatives voiced misgivings about whether electric power will ever be viable in vehicles that often need to cover many hundreds of miles without the opportunity to refuel or recharge.“I believe that there is no long-distance application that will be suitable for electrification,” says MAN Head of Powertrain Development Thomas Nickels, who instead advocates adoption of carbon neutral E-diesel.Head of Daimler Buses Hartmut Schick says that it has no current plans to offer an electric coach, although it is keeping one eye on what may be required in the long term.“We will consult the relevant legislation regarding urban areas and respond accordingly, but at we have no plans for an electric coach at the moment.”Mr Schick adds that retrofitting Euro 5 vehicles to gain Euro 6 compliance is not a worthwhile exercise. “Moving directly to Euro 6 is more environmentally friendly because with a retrofit, CO2 generation increases.”Both Mr Nickels and Daimler Buses Head of Product Engineering Gustav Tuschen see a future for equipment that allows coaches to operate for short distances in zero-emission mode. However, while he accepts that some operators may soon have no choice about fitting it, Mr Nickels points out that such apparatus will be used for a small percentage of the time and for the remainder, its additional weight will lead to increased CO2 emissions.last_img read more

Sports in brief

first_imgBasketball’s Lin and Wright sweep Ivy League honorsWith a 3-1 record, men’s basketball is off to its best start in three years — tallying wins over New Hampshire, Holy Cross, and Army — in large part because of the play of junior guard Jeremy Lin (averaging 20 points, 5.5 rebounds, and four steals per game) and freshman forward Keith Wright (averaging 12.3 points, nine rebounds, and 1.5 blocks per game).For their strong play, the two Crimson standouts were recognized by the Ivy League this past Monday (Dec. 1). Lin, who is third in the Ivy League in scoring, second in assists, and first in steals, was named Ivy Player of the Week. Wright, who leads the conference in rebounds and is tied for third in blocked shots, took home Ivy Rookie of the Year honors for the second consecutive week.Crimson’s run ends at University of South FloridaThe season has finally come to an end for the men’s soccer team, with a 2-1 loss to the South Florida Bulls (USF) Nov. 25 in the second round of the NCAA Tournament.After giving up the game’s first goal on a header at the 4:08 mark, the Crimson fought right back. Halfway into the first half, John Stamatis ’09 tied the game on an assist by fellow senior Michael Fucito. But the Bulls proved to be too much as a deflected shot was rebounded by USF and pounded into the back of the net, putting the Crimson opponent up for good.Despite the loss, the Crimson celebrated a spectacular year, in which they went 12-6-0 and 5-2-0 Ivy League, and were one point in the standings away from a share of the Ivy League title.The Crimson — whose four First Team All-Ivy selections led the league (Fucito, Stamatis, Andre Akpan ’10, Kwaku Nyamekye ’10) — graduate three senior starters, but have a strong roster returning as Harvard will be poised for its second Ivy title in four years.last_img read more

Teenage Jazz Trio Impresses With Thundercat “Them Changes” Cover [Watch]

first_imgThundercat recently celebrated the release of his fourth full-length studio album, It Is What It Is, which arrived last month on Brainfeeder. Musicians of all skill levels are turning to their instruments during these trying times of self-isolation. From the rooftops of Italy to virtual international jamming, music seems to be the only part of life one can trust at the moment while governments and media outlets continue their collective lack of leadership amidst the global pandemic chaos.The latest viral-worthy at-home performance comes from a teenage jazz trio from Preston, England that goes by Sour Note Trio, who have earned some attention thanks to a recent retweet from Thundercat after the group shared a video displaying their impressive cover of the bassist’s 2017 original, “Them Changes”.Related: Thundercat Reflects On Friendships With Mac Miller, Erykah Badu In New York Times ProfileThe trio which features Adam Exley on guitar, Joe Hex on bass, and Heath Campbell on drums, groove their way through their rendition of Thundercat’s extra funky original during the 0:36-second video shared to their Twitter earlier this week. Exley even shows off some of his improv skills as he explores his way around the fretboard before returning to the song’s main hook with his bandmates.Watch the performance via the brief video below.last_img read more

MonoNeon Announces ‘Sweat Heart’ Collaborative Album [Audio]

first_imgThe non-stop creative force known as MonoNeon has announced a forthcoming collaborative album project with singers AWFM and Nina Gnewd (aka Polychaos), producer Kid Maestro, and drummer C MaJor.The Ghost-Note bassist has taken to his social media outlets over the past two days to announce the project to be titled, Sweat Heart, and due out August 4th. The talented bassist didn’t go too much into detail other than to describe the music as “Lo-fi fart jams” and “Sweaty jams recorded in Memphis with people that love each other.”Listen to a clip of the forthcoming music as shared via a Tweet on Tuesday below. Recent album projects released by MonoNeon through his Bandcamp page include 2019’s Living The Best And Worst Life At The Same Damn Time! and 2020’s Toxic Wasteland 2 The Hills. The colorful bassist has also released a few stand-alone singles so far this year including “Am I Trippin’?“, “Breathing While Black” and the more recent “Find The Gold”.MonoNeon has also taken part in Live For Live Music’s virtual events Quarantine Comes Alive and Justice Comes Alive.Click here for digital pre-order information for Sweat Heart.last_img read more

Here’s How Thousands of Birds Are Being Saved From Flying into Toronto Buildings

first_imgSome windows are recessed into the buildings in order to reduce reflections. Other windows are simply equipped with blinds or sun shades.LOOK: Endangered Parrots Won’t Stop Messing With Traffic Cones So the Cheeky Birds Have Been Given Their Own Roadside GymsSince birds can also be drawn to bright spots in the sky, city buildings turn off their lights at night.In addition to mandating that all new Toronto buildings are constructed with these avian-friendly guidelines, older buildings have also been given slight upgrades to accommodate the migrating species.According to the BBC video below, bird deaths were almost completely eliminated after patterns were added to several pre-existing building windows.WATCH: Mesmerizing Video of 10,000 Snow Geese Taking Flight Will Soothe Your SoulThese groundbreaking initiatives are thanks to the work of the Fatal Light Awareness Program (FLAP) – a charity dedicated to saving birds from the dangers of reflective city glass.Michael Mesure, FLAP’s Executive Director, said in a statement: “FLAP’s years of tireless work in bird conservation has finally produced one of our most desired results, which up to now could only be dreamed of. Let us not forget: Toronto could never have become a champion in bird-friendliness without the pinnacle roles played by the stakeholders of Lights Out! Toronto, Toronto City Council, and City of Toronto Planning Department staff. For this, FLAP and the birds are eternally grateful.”(WATCH the BBC video below)Fly This Story Over To Your Friends: Click To Share AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreWhile glass buildings may seem like a harmless feature of modern architecture, this is not the case for the millions of birds who fly into windows every year – but this Canadian city is quickly becoming a leading example on how to protect birds from the dangers of glass.Toronto made history in 2009 when they became the first city in the world to mandate bird-friendly buildings. This means that any structure that is built within Toronto city limits must incorporate several features that prevent birds from accidentally flying into the glass.For starters, Toronto buildings are no longer built with excessive glass paneling so birds are not tricked by the surface’s reflections. Much of the glass that is on the exterior of the building features some kind of pattern that makes it recognizable to avian eyes.last_img read more

Nederland shuts out Lumberton 28-0

first_img  A    fter taking a 14-0 lead into the locker room at halftime, Nederland received the ball to start the second half. However, Raines was intercepted on the first play from scrimmage by Garrett Bourque to turn the ball over to the Raiders at their own 30.     The Bulldogs defense bailed out Raines, forcing the Raiders to punt after five plays. On the ensuing drive, Nederland ran the ball eight straight plays. Michael Shaw had the biggest run, 24 yards on a reverse.Brown had back-to-back runs of seven yards and a pair of 5-yard runs by Edwin Nelson set up the Bulldogs at the Lumberton 15. That’s when Raines hit Barrow in the end zone to extend the lead to 21-0.     Nederland closed out the scoring with another methodical drive in the fourth quarter. Benjamin’s 10-yard TD run capped off a 12-play, 66-yard drive to provide the final margin of 28-0. Benjamin carried the ball six times for 33 yards on the drive.      “There’s good and bad in this thing. Not even LSU hits on all cylinders all the time. As long as the end result is what it is then you can build on that. Sometimes you have to sustain yourself when you are not playing perfectly or as good as it has been. You just have to build on it and keep improving.”     Nederland (7-1, 5-0) rushed for 212 yards and had 354 yards of total offense. The Bulldogs defense completely dominated Lumberton, limiting the Raiders to just 73 yards of total offense and five first downs. Lumberton rushed for 54 yards on 31 carries, good for just 1.7 yards per carry.     “It’s been a long time,” said Neumann on the Bulldogs second straight shutout. “Two shutouts in a row and the way we are playing is astounding. I’m starting to feel pretty comfortable about keeping people out of the end zone. If you feel that way, it helps you offensively and every other way. You get momentum for keeping the other guys out of the end zone. I’m real proud of our defense.” Troy Benjamin ran for two touchdowns and Carson Raines passed for a pair of scores, and the Bulldogs defense pitched another shutout as Nederland blanked Lumberton 28-0 Friday night at Raider Stadium.     Benjamin led all rushers with 101 yards on 18 carries and scored touchdowns on runs of 7 and 10 yards. Raines was 11-of-17 for 142 yards, completing passes to six different receivers. He had touchdown strikes of 17 yards to Brett Brown and 15 yards to Seth Barrow.     “We’re getting better up front and Benjamin is a good runner, and we have some other good runners,” said Nederland coach Larry Neumann. “Our offensive line is maturing and has been for the last couple of weeks. I know that we can move the ball on the ground a lot more efficiently than we could a month ago. I didn’t know if we would ever get to this point a month ago. The fact that we are able to move the ball on the ground really sets up our play action pass.center_img      “I don’t know what anybody expected coming over here and I wish it would have been easier than it was, but it wasn’t easy,” commented Neumann. “I told the kids after the game that I was really proud of them at halftime. I didn’t see panic in anybody’s eyes.    “I didn’t see anything like ‘what’s going on’ because things have been going our way the last couple of weeks. It just looked like we were going back to work in the second half. It wasn’t a perfect game, but we stayed calm and kept playing offense and kept playing defense.”     After squandering a pair of promising drives in the first quarter, the Bulldogs broke through with a scoring drive in the second quarter. Aided by good field position at the Lumberton 33, it took Nederland only four plays to punch in the game’s first score. Benjamin carried on three of the four plays, scoring on a 7-yard touchdown run to put the Bulldogs up 7-0.     After forcing Lumberton (0-8, 0-5) into a three-and-out, Nederland put together a long scoring drive before halftime. Benjamin had consecutive runs of 10 and six yards to get out to the Raider 17 and a Lumberton pass interference penalty put the ball at the Bulldog 46.     Raines connected with Justin Ridgaway for 13 yards and Barrow for 24 yards to the Lumberton 13 on a third-and-10 play. Raines hit fullback Brown on a 17-yard pass to cap the 11-play, 95-yard scoring drive and push the lead to 14-0.     “Lumberton’s kids played hard tonight under the circumstances they’re experiencing right now and that goes a lot to coach (Alvin) Credeur’s leadership and the kind of players they have,” said Neumann. “I don’t mean that patronizingly. They played hard the whole game, whether people expected it or not, and that’s to their credit.”     Nederland closes out its home schedule by hosting Beaumont Ozen next Friday at Bulldog Stadium.last_img read more

Foundry Cycles Announces First Three Bikes – Road, Cyclocross & Mountain Bikes on Tap

first_imgPRESS RELEASE: Foundry Cycles, a new bicycle brand that makes hard-working, modern performance bikes—purpose-built for people who ride hard will make its worldwide debut during Interbike 2011 in Las Vegas. Offering three all-new models of carbon framesets and complete builds for road, mountain and cross, Foundry bikes are precision tools that deliver uncompromising performance that enhance the entire ride experience.The Router 29er mountain bike delivers on Foundry’s promise of an uncompromising commitment to improving every aspect of the rider’s experience. Like a well-crafted tool—crafted to work, crafted to last—the Router is precision-engineered to be light, fast and durable. Rigorously tested to ensure durability, the Router is purpose built: made to be ridden hard—every day. Its bold, precise lines are aggressive—still you will never find it draped in splashy logos or neon colors. The Router is a modern high-performance bike: a precision tool that helps the rider get the most from every ride.Frame Weight: 973g (Medium)Warranty: 10 Years – No BullshitAvailability: Winter 2012 The Ratchet is a true Roadie’s road bike. It’s light; it’s comfortable—engineered for those tough all-day century rides. And when it comes to the weekend road race, the Ratchet has the form to allow its rider to maximize power—sprinting for the finish line. Intentionally understated in appearance with subtle graphics, the Ratchet lets the rider do the talking. Rigorously tested to ensure durability, the Ratchet is purpose built: made to be ridden hard—every day. The Ratchet is a modern high-performance bike: a precision tool that helps the rider get the most from every ride.Frame Weight: 950g (54cm)Warranty: 10 Years – No BullshitAvailability: Winter 2012The Auger Cyclocross bike is a precision-crafted tool—engineered to maximize a riders cross experience. Rocks, roots, singletrack, dirt roads, wet grass, muddy hills and tight corners—throw anything at it, the Auger is up to the challenge and always comes back for more. Rigorously tested to ensure durability, the Auger is purpose-built: made to be ridden hard—every day. Intentionally understated devoid of splashy logos and loud colors, the Auger lets the rider do the talking. Available with disc brakes or traditional cantilever brakes.Frame Weight: 1060g (56cm)Warranty: 10 Years – No BullshitAvailability: Winter 2011Attending Interbike? Stop by Foundry Cycles before 4p.m. on Thursday to enter for your chance at winning 1 of 2 framesets – a Foundry Router 29er Dirt Tool or a Foundry Ratchet Road Tool. You must be present to win. T-shirts will be tossed and Handspun is giving-away 2 sets of wheels. All Interbike attendees are eligible for the drawing. Booth 8071last_img read more