Best week since 2019 for Manhattan luxury market

first_img Email Address* The No. 2 contract by asking price was unit 62B at Extell Development’s 157 West 57th Street.The 4,193 square-foot unit was last asking $19.9 million — down from $25.2 million. It has three bedrooms, three-and-a-half bathrooms and views of Central Park.It was one of a growing number of sponsor units to trade recently, as developers bring prices down to meet the market.According to Olshan’s report, of the 57 contracts signed in the past two weeks, about half have been sponsor units.Contact Sylvia Varnham O’Regan Tags condo marketdonna olshanNYC Luxury Market Message* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink A two floor unit in The Benson on Madison Ave was the priciest home to go into contract last week. (The Benson) Buyers are returning to New York’s luxury market in force, with last week netting the largest number of contracts for properties asking $4 million or more since November 2019.There were 30 such contracts signed in total, according to the latest market report from Olshan Realty. Of those, 21 were condo units, four were co-ops and five were townhouses.The surge builds on an upward trend that emerged in the luxury market late last year, offering hope to developers whose sales plunged when the pandemic hit.“It’s a very optimistic report because really what it’s showing is the consumer is out there and aggressively looking at New York as a place to buy and live,” said Donna Olshan, who tracks luxury sales.The priciest home to go into contract last week was the 10th and 11th floors at Naftali Group’s Benson condo at 1045 Madison Avenue, a 15-unit building that’s seen a string of big-ticket contracts of late.The unit measures 8,386 square feet and the buyer will pay the sponsor for the additional construction needed to create the duplex, the report said.Bo Poulsen of Brown Harris Stevens, who represented the buyer, said his clients never visited the building and instead did the deal virtually.“We looked on and off for years,” he told Olshan. “The apartment checked off the right boxes.”Read moreFinancier lists Brooklyn Heights townhouse for $18M432 Park tenants plagued by creaks, leaks and design flawsDaughter of casino magnate Neil Bluhm buys $20M condo Full Name*last_img read more

Walkers reshuffles at the top

first_imgWalkers Shortbread chairman Peter Simpson has stepped down to be replaced by new non-executive chairman Michael Walker of financial public relations company Broadgate Marketing. He is not related to the Walker family that owns the business. Simpson stays on as non-executive director.The move comes as part of succession planning at Aberlour-based Walkers.Nicky Walker becomes production director and, in time, will take over many responsibilities from his father Joseph, who has been in sole charge of production since joining the company in the 1950s, the firm said.Nicky’s brother Richard has been appointed technical director while David Edwards has joined the company from Scottish & Newcastle as financial director.last_img read more

49 Notre Dame and Saint Mary’s graduates to teach with ACE

first_imgMany members of the Notre Dame and Saint Mary’s class of 2018 will begin working full-time or attending graduate school after graduation. Of these students, 49 graduates from the two schools will start their careers with the Alliance for Catholic Education (ACE) and teach at Catholic schools around the country.According to the ACE Notre Dame website, the organization serves over 13,500 students at over 120 Catholic schools in 35 communities. Included in this year’s Notre Dame graduating class who will teach with ACE next year is senior Colin Riley. Early on in his undergraduate career at Notre Dame, Riley knew he wanted to work with ACE.“The most important one was all of the incredible people I had met that were involved in the program,” Riley said. “I knew that those were the people I really wanted to surround myself with to grow into the person that I wanted to be two years from now and that any program that attracted such amazing people must be doing some really fantastic work.”Riley will be teaching high school math at Academy of Our Lady in New Orleans next year. He said his decision to teach is due in part to his appreciation for the education he received.“I saw ACE as a great way to use the gifts I’ve been given to give back to the education system that did so much for me and to those who were less fortunate than I was,” Riley said. “Given that I am interested in a long-term career in education, ACE is also a great way to get some experience in education right away out of college. It doesn’t hurt that I get to stay a Notre Dame student for two more years.”Riley said he is looking forward to getting to know the community of five other ACE teachers who he will be living with in New Orleans.Another soon-to-be Notre Dame graduate, Hannah Beighle, will be teaching elementary school language arts for ACE at a Catholic school in Santa Ana, California.Because Notre Dame doesn’t have an education major, Beighle who had always considered this major, decided to minor in education, schooling and society.“I loved all the classes I took through this minor and was so inspired by the professors and their commitment to education,” Beighle said. “As I was finishing up my junior year, I realized that I wanted to do something after I graduated that I loved and was really fulfilled by. I knew deep down that I wanted to be a teacher and loved the mission of ACE, so it was a great fit for me.”For Beighle, her career after Notre Dame is much more than simply educating children — it’s a greater mission of love.“I’m drawn to teaching because, at the end of the day, being a teacher is about way more than providing information to students,” Beighle said. “Being a good teacher is all about loving your students. I am so excited to give my students a lot of love and see them as the unique and amazing kids God made them to be. I look forward to waking up every morning and knowing that the work I do that day will be valuable and meaningful.”Tags: 2018 Commencement, ACE, Alliance for Catholic Education, Commencement 2018, Commencement Issue 2018last_img read more

Outdoor Updates: Kayaker killed on Cheat River

first_imgKayakers killed and injured on West Virginia’s Cheat River California has banned chlorpyrifos—but the EPA has not. 30 Hammerhead sharks sent to an aquarium have all died Thirty hammerhead sharks captured from the Great Barrier Reef over an eight-year period and sent to an aquarium in France have all died in captivity. The sharks were sent to the largest aquarium in Europe, the Nausicaa aquarium, and were imported into two groups in 2011 and 2018. The aquarium has reported that the threatened species of shark died because of a fungal infection but earlier reports suggested the sharks might have attacked each other. A watchdog group is suing the aquarium, alleging that the sharks were mistreated in captivity. This is the second case in a year to raise concern about the Australian wildlife trade. Last year, the federal government granted a permit allowing for hundreds of Australian parrots to be exported to Germany, even amidst fears that the parrots would be sold to collectors.center_img A Maryland man was killed on West Virginia’s Cheat River after a tree fell on him during a kayaking trip. A group of three men were paddling the river from Parsons to Macomber over the weekend when severe weather rolled through. The men took shelter but a tree fell on two of the men in the group resulting in a severe head injury to one of the men, which led to his death. Another man suffered broken bones from the falling tree. The reason the tree fell is unknown as is whether the men were in or out of the water during the time of the accident. In early May, California governor Gavin Newsom announced that the state would ban the use of the pesticide chlorpyrifos after an independent panel determined it is dangerous to human health. The pesticide has been banned for indoor pest control use since 2001, but is still used outdoors to control critters on crops of oranges, alfalfa, almonds and grapes. Years of research have shown that the pesticide is dangerous to human health. In 2015 the EPA concluded that the agency should ban chlorpyrifos, but in 2017 the new EPA administrator Scott Pruitt reversed the decision, citing inconclusive science. Environmental groups sued and the decision is now tied up in court. In the meantime, California moves forward with the ban. It is the second state to implement such a ban—Hawaii chose to do so last year. The state of California grows nearly 1/3 of all of the country’s vegetables and 2/3 of all fruit, so the ban is expected to have far reaching effects.last_img read more

Hit-and-run Suspect Arrested for Crashing SUV Into Panera Bread

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A driver was arrested for allegedly crashing an SUV into a Panera Bread restaurant in East Farmingdale, seriously injuring a woman and fleeing the scene on Thursday morning, Suffolk County police said.Jerome Arnold of Farmingdale was driving his Nissan Pathfinder westbound through the parking lot of Walmart when he crashed into another vehicle, fled the scene and then struck a parked vehicle the eatery and drove into its dining room at 10:20 a.m., police said.Two women that were dining together were injured, including 34-year-old Ragen Ryan of Massapequa, who was pinned under the Pathfinder, and Marianne Turndahl, 37, of Rockville Centre.Ryan  was airlifted to Stony Brook University Hospital, where she is hospitalized in serious condition with multiple fractures. Turndahl  was taken to Good Samaritan Hospital Medical Center in West Islip in stable condition.Arnold was charged with leaving the scene of an accident and unlicensed operation of a motor vehicle for allegedly driving with a suspended license. He will be arraigned at a later date.First Squad detectives ask anyone who may have witnessed this incident and have not been interviewed to call them at 631-854-8152.last_img read more

Managing the risk of paid ahead loans

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The compliance team is often asked whether there is a federal regulation that limits the number of days a loan can be paid ahead. While there is no federal regulatory limit on how far in advance a loan can be paid, there are a few risk management practices and contractual limitations the credit union may want to consider.To begin with, the credit union’s loan agreement with the member may govern how payments are applied to the loan. For example, there may be a clause in the agreement regarding how payments in excess of the principal, interest and escrow (if any) will be applied such as advancing the due date or paying down the principal. Generally, ambiguities in a contract are left to state law interpretation so it is important to ensure contract clauses regarding the application of payments are clear. If the credit agreement is silent on the matter, the manner in which the credit union applies excess payments may come down to internal policies or even case law which may not be ideal as courts may interpret things differently yielding various results. If the credit union permits the due date to advance, here are some risk management principles to note.There are several instances in which NCUA references paid ahead loans as part of a credit union’s overall risk management strategy. For instance, transaction risk is defined in NCUA’s Examiner’s Guide, Chapter 1 as follows: continue reading »last_img read more

Roberson Museum receives over $430,000 in NYS, Decker Foundation funding

first_imgThey were awarded $327,000 from the state and an additional $107,000 thousand from the Decker Foundation. The funding for the project is coming from an Regional Economic Development Council award from New York State. “Overtime, with the weather in Upstate New York, we see a lot of decay of wood,” said Executive Director Michael Grasso. BINGHAMTON (WBNG) — The Roberson Museum and Science Center is gearing up to make repairs to its iconic mansion. “The windows also have lead paint on them that we will be fully abating and there’s some of the architectural details that have just rotted away because of animal infestations and things like that,” he said.center_img The Roberson Mansion is nearly 115 years old, by removing the paint down to the wood they will be able to use modern paint applications that will help protect the structure for decades to come. The Roberson will be going through a request for proposal process to find the artists, artisans, craftspeople and local specialist to take on the project. The project will restore the wood trim and windows on the historic Roberson Mansion and Carriage House.last_img read more

Why Robin van Persie believes Ajax are favourites to beat Spurs in Champions League

first_img Comment Van Persie netted a brace against Ajax earlier this season for Feyenoord (Picture: Getty)‘I watched how they reacted if I let myself fall back into midfield, or if I was going to play on the back of the Argentine boy [left-back Nicolas Tagliafico].‘That worked out well that afternoon, everything came off. Duels with De Light, I don’t get involved in that. It makes no sense. He’s so good, so strong.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal The former Arsenal frontman says Harry Kane will be a huge loss (Picture: Getty)Former Arsenal forward Robin van Persie is backing Dutch rivals Ajax to overcome Tottenham Hotspur in the semi-final of the Champions League.Ajax pulled off a stunning win over Juventus in the quarter-final, with away goals from Donny van de Beek and Matthijs de Ligt cancelling out Cristiano Ronaldo’s opener on a thrilling night in Turin.A day later, Spurs progressed to last four in dramatic fashion, scoring three away goals against Manchester City but appeared to have been knocked out by Raheem Sterling’s stoppage-time ‘winner’ only for VAR to chalk it off. Advertisement Why Robin van Persie believes Ajax are favourites to beat Spurs in Champions Leaguecenter_img Advertisement Metro Sport ReporterTuesday 23 Apr 2019 12:32 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link319Shares Ajax have knocked out Real Madrid and Juventus and face Spurs next (Picture: Getty)Now the two giant-killers will face off over two legs in the semi-final, with the first leg in north London in a weeks’ time, though Spurs’ squad is ravaged by injuries and Van Persie believes that gives Ajax an advantage.AdvertisementAdvertisementADVERTISEMENT‘I did not see Ajax against Juventus because I was watching [Dutch comedian] Najib Amhali. I saw Manchester City against Tottenham though and that was better than a great film,’ the Dutchman told Algemeen Dagblad.‘I think Ajax are favourites in the semi-final because Tottenham play without Harry Kane.’More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityVan Persie scored twice against Ajax in a thumping 6-2 win for Feyenoord back in January and he says the secret to getting the better of impressive defender De Ligt is not to go toe-to-tie with him.‘What I always try to do in the first 15 minutes is look at the position of central defenders,’ Van Persie continued.last_img read more

Interstate migration is helping drive up Sunshine Coast property prices

first_imgInterstate migration to the Sunshine Coast is tipped to help drive up property prices. Picture: Lachie MillardINTERSTATE migration is once again driving up demand for Sunshine Coast property.New analysis of the market by RiskWise Property Research predicts solid capital growth for the region as a result.RiskWise CEO Doron Peleg said the area had experienced “consistently strong population growth’’ in the past five years and predictions were that this would continue.The Sunshine Coast market has been widely tipped by real estate analysts to experience a lift in prices, after a series of lean years.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus20 hours agoThe high-end Noosa market in particular has fired up again with a series of record breaking beachfront sales, but it was also the affordability of many of the Sunshine Coast suburbs that Mr Peleg said was helping attract new residents.“The area’s affordability has been a major drawcard behind this migration, especially for large numbers of interstate purchasers who can’t afford to buy such great lifestyle properties in places like Sydney and Melbourne,” he said.Also helping drive demand and future capital growth, according to Mr Peleg was the low number of building approvals in the region. 21-23 Webb Rd, Sunshine Beach was listed for a massive $22 Million. Picture: Paul SmithHe said there were only 3323 house building approvals in the pipeline across the entire region and that would be quickly absorbed.There are also approvals for 2581 new units to be added in the two years.Mr Peleg said there had already been 7.1 per cent median house price growth for houses on the Sunshine Coast and 5.4 per cent median unit price growth in the past 12 months.last_img read more

Results of matches played in the Courts/LIME 2011 National Rounders League

first_img Sharing is caring! Tweet 42 Views   no discussions The following are the results of games played on Sunday 7th August, 2011.In the South East Zone, LIME United Strikers went down by 1 wicket against Home Base Boetica.  LIME United Strikers scored 394 for 6 in 40 overs.  Shirley George 83, Jessica Joseph 82 and Josette Eugene 80.Home Base Boetica replied with 398 for 9 in 33 overs. Angela St Jean 210 not out, Joan Joseph 83 and Anika Barrie 29.At Grand Fond, LynFlick GF had the better of Domsetco Stars with a 4 wicket win.  LynFlick GF scored 362/3 in 40 overs. Gemmer George 108 not out, Lisa Phillip 98 not out and Joan Lawrence 24.  Domsetco Stars 308 for 7. Vernice Cuffy 54, Marsha Baron 51, Angie Lawrence 40.In the South Central Zone P.M.H won the Police Sports Club by 5 wickets.  Batting first Police scored 299 for 7 in their allotted 40 overs. Merlissa Esprit 52, Trisha Alfred 41 and Mathurine Frank 34.  P.M.H replied 303 for 6 in 38 overs.  Letisha Lestrade Wyke 68 not out, Cordela Pierre 42 not out Carol Jno Baptiste 37 not out.Courts Mixers had a convincing 270 run win over Canefield Vikings. Courts reached 424 for 6. Joycelyn Maximea 93,  Barbara Henderson 71 and Anthea Jeffrey 55.  Canefield Vikings replied with 154.Caherine Gage 25, Christabel Vidal and Natasha Royer 22 each.In a match played at Mahaut. Matadors had the better of Kubuli Super Stars by seven wickets.  Kubuli Super Stars 224 all out. M. Benjamin 46. M. Graham 35. Matadors 226 for 4. Celia Tavernier 60 not out.  Marilyn Augustine 36 not out and Nelia Etienne 36.In the South Zone ACS South Defenders won Royal Blazers by 277runs.  ACS South Defenders scored 397 for 3. Julia Bruno 110, Nadier Damier 105 and Myrtle Henderson 51.  Royal Blazers 120.  Precilla Tavernier 21 and Celiann Tavernier 20.Dubique Strikers had a narrow win over LIME Hagley Unpredictable. Dubique 200. Merle John 46, Murium Bruno 34.  LIME Hagley Unpredictable 191 for 8.  Sylvian Casimir 37, Roslyn Angol 34.Tremors of Soufriere won New India Rising Stars of Tete Morne by 28 runs.Tremors 252.  Mellisa Tavernier 53, Cassandra Olivacce 53, Editha Jervier 44.New India Rising Stars 224. Melissa George 39,Jackie Germain 34, Modrina Germain 31.In the East Zone, Kalinago Strikers had a 10 wicket victory over Carib Beer Strikers. Carib Beer Strikers scored 182 all out in 39 overs. Alithea Lockhart 61, Anne Marie Letang 23 and Margaret Rose George 15.  Kalinago Strikers 212 for 1 in 15 overs. Gennie+ Valmond 69, Shanis Francis 41 and Julin Bruney 31.Old School CB were victorious over Flamboyant Pacers by six wickets. Flamboyant Pacers scored 231 all out.  Belinda Florant 84, Mayone Burton 45 and Janice Mingo 28.Old School 235 for 5. Janetta Graham 92, Polina Scotland 33 and Clayron John 21.The two matches in the West Zone between Capuchin Reformers and Dublanc Almond Stars and Diamond All Stars St. Jo and Colihaut Silver Stars were both abandoned because of inclement weather.By: Abraham BrowneSports Officer South Sharecenter_img Share NewsSports Results of matches played in the Courts/LIME 2011 National Rounders League by: – August 9, 2011 Sharelast_img read more