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Gettleman, the judge in Chicago, must formally approve the deal, a process that could take months. A status hearing in the case is scheduled for Sept. 3. |
The builders of RiverBend--a 37-story condominium slated to welcome its first owners in early 2001--faced a perplexing situation late last year when they wanted to start selling their pricey residences at the edge of the Chicago River. |
Ground-breaking was months away--currently it's slated for August--meaning on-site furnished models would be still further down the road. |
A lack of models hasn't been a deterrent for many developers and builders, particularly in prime city locations. Buyers have been snapping up condos, town homes and single-family homes based on floor plans: The housing market is hot and come-hither pre-construction prices can be quite appealing. |
But B.J. Spathies, president of Chicago-based Bejco Development Corp., included some unconventional elements in her RiverBend project. |
For one, she wanted all the residences to face east for what promises to be a spectacular view of the city. Great, but where do the corridors and elevators go? |
No problem: The corridors would line the entire west side of the building. |
But Spathies also wanted residents to have natural light from both east and west. |
East was easy: Every residence would have floor-to-ceiling windows, as well as balconies. |
West took more ingenuity. Architects De Stefano and Partners came up with an unusual solution that's difficult to describe and not easy to visualize. |
The west corridor wall is mostly windows with the lower portion solid wall. The east wall of the corridor is solid; it's also the wall of the condo on the other side. |
The ceiling of the corridor, however, is sloped: About 12 feet high on the window side, it angles to about 8 feet high along the condo wall. |
Within the unit, a wide swath of western light streams in from the highest end of the windows above that sloped ceiling. |
Got that? It's a snap when you see it. So the development team put up so-called "models" withinin the sales center, models that really aren't full-size room models at all. They're actually small, decorated vignettes that highlight specific attractions in the building. The traditional-style model's family room is almost... |
In each, a wall of east windows frames the view of river and city. |
RiverBend has other selling points. |
It will be located on the west bank of the river at the curve where it branches north and south. The view encompasses the Merchandise Mart, the gleaming green-glassed 333 W. Wacker Dr. building and everything in between. |
The building promises lots of pizzazz. |
Above its boat slips and river walk will be four town homes, each with a price tag of more than $1 million. Above these will be a floor with a health club, business center, private party room and parking (valet, $35,000 per space). Residences--a maximum of seven per floor--will occupy floors 12 through 36 with 37 set a... |
There are 15 floor plans, ranging from a one bedroom, one bathroom to three bedrooms plus den and 3 baths covering from 1,103 to 3,698 square feet. Each penthouse has a plan, but in that bracket, buyers get to customize their more than 4,000 square feet. |
The plans seem to offer something for everyone--that is, anyone with healthy finances. Some 50 contracts have already been signed for the condos, said Eileen Crosson, RiverBend's general sales manager. Of those, 35 percent are from the suburbs, 3 buyers are from out-of-state and the rest are from the city They're singl... |
The majority of the residences will be quite large, often with three bedrooms and 2 1/2 baths, along with a spacious family room, plus a large living room and separate dining room. |
But at least two of the floor plans (no fancy names, just B and B1) with two bedrooms and two baths also have family rooms open to kitchens. Bathrooms and bedroom closets are large. Master bedrooms in both plans have big walk-in closets and river views. The B1, however, is somewhat larger. Understandably: It's $529,000... |
House Hunter will appear the next four weeks in Sunday's Real Estate section as New Homes takes a hiatus for the Festival of Homes advertising section. |
AP inter results is available at the official website today. BIEAP website, RTGS website, Kaizala Mobile App- APCM connect, AP Fiber TV and People's First Mobile App will host the AP inter result. |
Board of Intermediate Education Andhra Pradesh (BIEAP) has released the Intermediate result for both first year and second year annual exams today. BIEAP To Announce AP Inter Result 2019 Today; Live Updates. As many as 10,17,600 students have received their AP Inter first year and AP inter second year result today. The... |
Andhra Pradesh Inter Results Soon: What's Next? |
The AP Inter result has been announced by B Udaya Laxmi, IAS, Secretary, BIEAP at the AP Secretariat. After announcement by the Secretary, AP Inter result has been released on websites for students to check. |
5,07,302 students took the AP inter first year exam, 5,10,298 appeared for the AP inter second year exam. |
Last year, BIEAP released the Intermediate results on April 13, 2018. The AP Inter results were released by HRD Minister Ganta Srinivas Rao then. In 2018, 73.33% students had passed in the second year AP inter exam last year. In the AP inter first year exam, the pass percentage among girl students was 67% and 57% boys ... |
OTTAWA—The Canada Revenue Agency is seeking information from three Canadian banks about customer transactions linked to a major Israeli financial institution as part of a federal crackdown on offshore tax evaders. |
Newly filed court records reveal the agency wants to see account records associated with Bank Hapoalim to determine whether Canadians are hiding income or assets. |
The Federal Court of Canada filings come amid renewed public pressure on the government to show it is taking steps to find and penalize Canadians who improperly use offshore accounts to avoid taxes. |
How will governments solve the tax haven riddle? |
Like many foreign banks, Bank Hapoalim has correspondent accounts in Canada to conduct Canadian dollar transactions on behalf of its customers, the revenue agency says. The bank operates in Israel and is affiliated with other financial services companies in Switzerland, Luxembourg, the United States and the Cayman Isla... |
The agency is asking the Bank of Montreal, Royal Bank and Toronto-Dominion Bank for records of deposits, cheques and electronic funds transfers associated with Bank Hapoalim’s correspondent accounts from April 1, 2011, to Sept. 30, 2017. |
The records will be reviewed and analyzed under the direction of the agency’s offshore compliance section and, where warranted, lead to formal audits. |
Stephanie Henderson, manager of the section, says in an affidavit the agency is aware of Canadian taxpayers who have previously used Bank Hapoalim “to conceal income and assets,” shielding offshore activities from the taxman. |
In another case, a Canadian had bank and investment accounts with Bank Hapoalim and failed to report $1.5 million in income and approximately $5 million in reportable offshore assets. |
The agency has also learned of offshore activities in Bank Hapoalim through the federal voluntary disclosure program, which gives people a second chance to file a tax return and ask for relief from penalties. |
From April 1, 2015, through March 31 of this year, 114 Canadian taxpayers made voluntary disclosures involving the Israeli bank, Henderson says. The disclosures covered $59 million in unreported income — such as interest, dividends and capital gains — resulting in $17 million in federal taxes. |
Since January 2015, the agency has been able to tap into a new stream of information through mandatory reporting of international electronic funds transfers of $10,000 or more. |
Some of these transactions entailed Canadian taxpayers closing their accounts at Bank Hapoalim’s subsidiary in Switzerland and transferring the funds to other financial institutions outside Canada, Henderson’s affidavit says. Other dealings involved Canadians moving funds from the bank in Israel to accounts in Canada o... |
In a number of these instances, the individuals “may not have reported sufficient income or disclosed sufficient offshore assets in Canada” to justify the size of the transactions, she adds. |
The revenue agency wants to see whether other, as yet unidentified, Canadian taxpayers have similarly used Bank Hapoalim’s correspondent accounts to transfer funds to or from Canada. |
Last year, the Federal Court approved the revenue agency’s requests for seven years’ worth of transaction information from the Royal Bank and Citibank, N.A., related to accounts in the name of Cayman National Bank Ltd. |
Henderson’s affidavit says the information led to audits that uncovered attempts to avoid paying tax in Canada. |
Despite a media blitz portraying fake news sites as having a real impact in national politics — and even capable of affecting the outcome of a presidential election — fake news sites struggle to reach any sort of real audience. |
Fake news site DenverGuardian.com, subject of coverage from the New York Times and the Washington Post, is ranked 91,688 in web traffic in the U.S., according to web analytics firm Alexa. To put that number in perspective: the site supposedly impacting the national political scene is more than 84,000 slots behind the w... |
But “Patriot News Agency” is even less popular than the “Denver Guardian,” ranking in at 184,898 in the country, according to Alexa. The site’s Facebook page has 113 total likes at this time. |
Fake news site “MSNBC.com.co,” whose name meant to fool readers into confusing it with liberal network MSNBC, received mentions from the Washington Post and liberal website Vox.com, among others. But “MSNBC.com.co” reaches a tiny audience, according to Alexa’s data, which has the site ranked 549,714 in the United State... |
Other liberal news outlets have pushed a similar narrative in which fake news somehow had an impact on the 2016 presidential election. |
In response to public pressure to do something about “fake news,” Facebook has appointed four “fact-check” organizations to label stories deemed “fake” as illegitimate. |
Barry Bonds hit a home run to pass Mickey Mantle on baseball's all-time list, then slammed his way back into the chase for Mark McGwire's single-season home run record. |
Bonds moved ahead of Mantle and McGwire's record pace Thursday night with his 43rd and 44th homers, the second a grand slam, as the San Francisco Giants defeated Curt Schilling and the Arizona Diamondbacks, 11-3. |
Bonds passed Mantle into ninth place on the all-time homer list with 538. The pair were tied at 536 homers going into the game. |
The Giant left fielder had gone without a homer and had only two hits in his previous 19 at-bats before he lined a solo shot over the right-field fence in the fourth inning. Bonds followed with his ninth grand slam, but first since April 26, 1998, to left in the fifth. |
Both homers came on the first pitch from Schilling (14-5), who also gave up a home run to Rich Aurilia and leads the majors in homers given up with 29. |
Schilling gave up six runs and eight hits in five innings. He struck out four and walked two. He had thrown 14 scoreless innings in a row before Aurilia and Bonds homered on consecutive pitches to put the Giants up, 2-1, in the fourth. |
Pedro Feliz homered against reliever Erik Sabel in the sixth and Jeff Kent connected against Greg Swindell in the ninth to give the Giants five homers Thursday and nine in two games. |
Bonds' 44th homer came in the Giants' 103rd game. When McGwire hit 70 in 1998, his 44th came in the St. Louis Cardinals' 104th game. No one has hit 44 quicker. |
The Diamondbacks, whose lead over the Dodgers in the National League West slipped to a half-game, loaded the bases against Livan Hernandez three times in the first four innings but led only 3-2. |
Hernandez (9-11) won his third in a row. |
HOME RUNS AFTER. . . |
Bonds update: Bonds hit tow home runs Thursday night, including a grand slam. |
Gonzalez update: The Diamondback left fielder was shut out against the Giants. |
Factoid: In 1998, McGwire hit his 44th home run in the Cardinals' 104th game. |
Eleanor Roosevelt (left) gave Sidney Poitier (with first wife Juanita Hardy) his Silver Bear. |
He received the honor for his role in 'The Defiant Ones,' about two shackled prisoners in the American South who escape from a transport truck and, despite their mutual racial animus, learn to respect and even like each other. |
When Sidney Poitier starred opposite Tony Curtis in Stanley Kramer’s 1958 crime drama The Defiant Ones — about two shackled prisoners in the American South who escape from a transport truck and, despite their mutual racial animus, learn to respect and even like each other — he could have had no idea that the precursor ... |
Now 91, the Miami-born Poitier, son of Bahamian tomato farmers, lives with his wife of more than 40 years, Joanna Shimkus Poitier, in Los Angeles. |
Claudette Jacqueline Small, 72, of Chattanooga, Tennessee, passed away peacefully on Saturday, January 12, 2019, at her residence. |
A visitation will be held on Friday, Jan. 25, from 4-8 p.m. at Advantage Funeral & Cremation Services Chapel, 1724 McCallie Ave., Chattanooga. |
Funeral services will be on Saturday, Jan. 26, at noon at St. Paul AME Church, 2514 Williams Street, Chattanooga, with Reverend Troy Parris officiating. Burial will follow in Highland Memorial Gardens Cemetery. |
The Senate will soon take up the question of whether the estate tax should be permanently repealed. |
Before it was cut in 2001, the estate tax allowed a couple to pass up to a million dollars to their heirs, tax free. Not a bad deal, considering that only the wealthiest 2 percent of American couples had a million to pass on. The 2001 tax law was an even better deal for the wealthy. It steadily raised that ceiling. Thi... |
But lawmakers back in 2001 knew that permanent repeal, beyond 2010, would bust the federal budget. And that would look very bad. So they made the phase-out temporary. In 2011, the estate tax is scheduled to go back to what it was in 2001, kicking in at a million dollars per couple. |
Let's admit it. This oddity is crazy. If you're the heir of a very rich person who's on his or her death bed as midnight approaches on December 31, 2010, there could be a moment of shall we say eager anticipation. |
Of course, the politicians who created this odd result didn't really plan for the estate tax to pop up again in 2011. They assumed that a few years down the line they'd permanently repeal it when the public wasn't paying that much attention, even if this meant driving a big whole in future federal budgets. And so now, ... |
Permanent repeal of the estate tax is just as crazy as its ghoulish return in 2011. It will cost the Treasury nearly a trillion dollars over the first ten years it's implemented, which comes to $75 billion a year on average. |
To put this in perspective, $75 billion is about what the federal government will spend this year on homeland security and K through 12 education combined. Besides, there's a war on. And don't forget that Social Security shortfall the President keeps reminding us about. |
Projections by the Social Security Administration claim that Social Security will run out of money some time over the next 75 years, despite the payments that future generations of workers will make into it. Most of them will contribute more in Social Security payroll taxes than they'll pay in income taxes. In other wo... |
By contrast, most of the heirs of the super wealthy who will get super-fat inheritances if the estate tax is repealed won't have to work a day in their lives. |
So, here's a compromise. Don't restore the estate tax ceiling to the million dollars per couple that it was in 2001. Acknowledge that the cut has been made and it's politically unrealistic to go backwards. But at the same time, don't permanently repeal the estate tax either. Instead, keep it where it is right now, this... |
Compared to a permanent repeal, this compromise would bring in enough money to fill most of the shortfall in Social Security funding for the next 75 years. |
This way, the heirs of the super-rich– who'll be wealthy even if they never lift a finger except to speed-dial their financial advisors– will pay taxes on inherited fortunes over $3 million so people who have worked hard all their lives get the Social Security they're counting on. |
Robert Reich, former Secretary of Labor in the Clinton administration, is professor of social and economic policy at Brandeis and the author of "Reason: Why Liberals Will Win the Battle for America." |
Don't get me wrong, Trump lies all the time. He said that he "enacted the biggest tax cuts and reforms in American history" (actually they are the eighth largest) and that "our economy is the strongest it's ever been in the history of our country" (which may one day be true, but not yet). In part, it's a... |
But when it comes to the real barometer of presidential truthfulness -- keeping his promises -- Trump is a paragon of honesty. For better or worse, since taking office Trump has done exactly what he promised he would do. |
Trump kept his promise to move the U.S. Embassy in Israel from Tel Aviv to Jerusalem, something his three immediate predecessors also promised yet failed to do. He promised to "crush and destroy ISIS," and two years later he is on the verge of eliminating the Islamic State's physical caliphate. He promised to impo... |
Trump pledged to nominate Supreme Court justices "in the mold of Justice [Antonin] Scalia," and now Neil Gorsuch and Brett Kavanaugh sit on the high court. Trump also pledged to fill the federal appellate courts with young, conservative judges, and so far the Senate has confirmed 26 -- more than any recent president at... |
Trump vowed to pass historic tax reforms, and signed the first major overhaul of the tax code in three decades. He vowed an unprecedented regulatory rollback, with a strict policy to eliminate two existing regulations for every new regulation. Instead, in his first year he eliminated 22 existing regulations for every n... |
During the campaign, he told African American voters, "What do you have to lose? ... I will straighten it out. I'll bring jobs back. We'll bring spirit back." On his watch, African American unemployment reached the lowest level ever recorded, and his tax reform included a little-noticed provision creating "Op... |
Trump promised to cancel President Barack Obama's Clean Power Plan, withdraw from the Paris climate accord, approve the Keystone XL and Dakota Access pipelines, and open the Arctic National Wildlife Refuge to exploration. He fulfilled all of those pledges. |
On trade, he kept his promise to withdraw from the Trans-Pacific Partnership and impose tariffs on steel and aluminum. He also committed to renegotiating NAFTA and the U.S.-Korea Free Trade Agreement -- and recently signed new deals with Mexico, Canada and South Korea. He committed to imposing tariffs on China to force... |
Where Trump has failed to keep promises, such as building the wall or repealing Obamacare, it has not been for a lack of trying. Only in a few rare instances has he backtracked on a campaign pledge -- such as when he admitted that he was wrong to promise a complete withdrawal of U.S. forces from Afghanistan and reverse... |
But whether one agrees or disagrees is not the point. When Trump says he will do something, you can take it to the bank. Yes, he takes liberties with the truth. But unlike his predecessor, he did not pass his signature legislative achievement on the basis of a lie ("If you like your health care plan, you can keep it") ... |
The fact is, in his first two years, Trump has compiled a remarkable record of presidential promise-keeping. He'd probably say it's the best in history -- which may or may not end up being true. It's too soon to tell. |
Copa Lagos 2013 is scheduled for the Eko Atlantic from December 13 till the 15th and Germany, Senegal and Lebanon have confirmed their partipation in Africa’s biggest beach soccer event. |
The coach of the Nigeria national Beach Soccer team, Adamu Ejoor is optimistic about the tournament but hopes that he will have enough time with his players. |
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