Thursday, August 30, 2012

Using a VUL Policy in Place of a Roth IRA or Section 529 Plan

How does a variable universal life (VUL) insurance policy stack up as an alternative to a Roth IRA (for retirement planning) or a Section 529 Plan (for college tuition planning)? Using a VUL policy in lieu of a Roth IRA or a Section 529 Plan will probably not make sense if funding for retirement or college is the only objective. However, a VUL policy may make great sense where funding for retirement, college, or both, is desirable and there is also a need for life insurance. This article will explore the advantages and disadvantages of a VUL policy compared to Roth IRAs and Section 529 Plans.

VUL Basics

VUL insurance is permanent insurance that provides a death benefit with the ability to build cash value. With VUL, the policy owner chooses which professionally-managed funds to invest the premiums (net of the cost of insurance and policy/administrative fees). These funds also charge administrative fees.

The policy is called "variable" because its account values will vary according to the performance of the funds chosen. It is called "universal" because the policy owner can set the premium amount and payment schedule provided they are sufficient to support the death benefit and sustain the policy. A VUL policy can cover a single life or joint lives (i.e., a survivorship policy). A VUL policy is an ideal product for someone who needs death benefit protection (i.e., to replace income, to provide liquidity to pay estate taxes, or simply to create an estate) and is also looking to supplement retirement income or to save for educational expenses.

Assuming the VUL policy is not a Modified Endowment Contract (i.e., a policy that fails to meet the tests of IRC Section 7702A, which are designed to prevent the over-funding of policies), loans are free from current income taxation and withdrawals are income taxed only to the extent that they exceed the owner's basis in the policy. But, for policies issued after 1984, a withdrawal taken within 15 years of policy issuance that reduces policy benefits is subject to income tax under IRC Section 7702(f)(7)(B). After 15 years, there is no immediate income tax. The 15-year rule does not apply to policy loans.

Thus, similar to a Roth IRA or a Section 529 plan, the account values in a VUL policy may be accessed without income taxes. However, policy loans and withdrawals may impact investment performance, death benefits, no-lapse guarantees and the tax impact upon the lapse of a policy. Moreover, unlike non-variable policies, the insurance company does not guarantee the account values of a VUL insurance policy. Since the policy values may vary either upward or downward based on the performance of the investment funds selected, a VUL policy presents a risk to the death benefit.

VUL vs Roth IRA

Both Roth IRAs and VUL policies offer the owner a choice of investment options and, for both products, the contributions/premiums are not tax deductible. With a Roth IRA, the interest or earnings on the account values are income tax free, while the interest or earnings with a VUL policy are income tax deferred. Withdrawals from Roth IRAs are income tax free if the account owner is at least age 59 or older. As discussed above, with a VUL policy, withdrawals up to basis are not taxable; and policy loans are not taxable, provided the policy remains in force until the insured dies. With both products, death benefits are income tax free to the beneficiaries, provided the Roth IRA has been open for at least five years.

RPET - Rajasthan Pre Engineering Test - RPET 2011 Counselling

MBA is a multi-disciplinary course. So any student who has got a bachelor's degree in any subject like arts, commerce, science, engineering or technology or any other equivalent subject from a recognized university, can go for MBA in Jaipur. The students, who are waiting for their results of graduation, are also eligible to apply for it. They have to give an entrance examination to get admission. For many, an MBA is a chance to polish their skills as they prepare to enter the exciting world of corporate management and some just love the intellectual stimulation and challenge that a degree like this offers. There is another category of MBA aspirants who look at themselves as the corporate leaders of tomorrow and for them, an MBA is the first step of the ladder to success.
Numerous Career Choices
Besides acquiring soft skills like interpersonal and communication skills, leadership skills, analytical aptitude, and ability to think out of the box, MBA graduates also learn advanced business concepts and management principals. The professional training imparted in an MBA program helps managers identify growth opportunities and take critical decisions that lead organizations on the path to success.
The career choices open to a Master's of Business Administration graduate are many. From marketing management and corporate finance to Information Technology management and human resources - an MBA graduate can choose a business field that interests them and utilizes their academic knowledge, practical training, and intrinsic strengths to the maximum extent possible.
For example, if you like the thrill of promoting an organization's products and services through different channels, then you may enjoy the field of marketing. The U.S. Department of Labor defines the work of a marketing manager as estimating the demand for products and services offered by a firm and identifying potential markets for them. Marketing managers also develop pricing strategies and monitor product development.
Financial managers, on the other hand, supervise a company's direct investment activities in addition to implementing its short-term and long-term financial management strategies and goals. They are also responsible for directing the preparation of financial reports. If you like number crunching and cash planning, then you will draw maximum satisfaction out of financial management.

Basic types of MBA programs
Two-year (Full Time) MBA programs normally take place over two academic years (i.e. approximately 18 months of term time). For example in the Northern Hemisphere beginning in late August/September of year one and continuing until May of year two, with a three to four month summer break in between years one and two. Students enter with a reasonable amount of prior real-world work experience and take classes during weekdays like other university students.
Accelerated MBA programs are a variation of the two year programs. They involve a higher course load with more intense class and examination schedules. They usually have less "down time" during the program and between semesters. For example, there is no three to four month summer break, and between semesters there might be seven to ten days off rather than three to five weeks vacation.
Part-time MBA programs normally hold classes on weekday evenings, after normal working hours, or on weekends. Part-time programs normally last three years or more. The students in these programs typically consist of working professionals, who take a light course load for a longer period of time until the graduation requirements are met.
Executive MBA (EMBA) programs developed to meet the educational needs of managers and executives, allowing students to earn an MBA or another business-related graduate degree in two years or less while working full time. Participants come from every type and size of organization profit, nonprofit, government representing a variety of industries. EMBA students typically have a higher level of work experience, often 10 years or more, compared to other MBA students. In response to the increasing number of EMBA programs offered, The Executive MBA Council was formed in 1981 to advance executive education.
Distance learning MBA programs hold classes' off-campus. These programs can be offered in a number of different formats: correspondence courses by postal mail or email, non-interactive broadcast video, pre-recorded video, live teleconference or videoconference, offline or online computer courses. Many schools offer these programs.
Dual MBA programs combine MBA degree with others (such as an MS or a J.D., etc) to let students cut costs (dual programs usually cost less than pursuing 2 degrees separately), save time on education and to tailor the business education courses to their needs. Some business schools offer programs in which students can earn both a bachelor's degree in business administration and an MBA in four or five years.
Few MBA Colleges in Jaipur:
Uttam Devi Mohan Lal School of Management
JECRC School of Management

Tuesday, August 28, 2012

What Is The Difference Between A Moped And A Motor Scooter?

The word "moped" is derived from the words "motor" and "pedal". Some, but not all, mopeds have a foot-powered pedal that powers the vehicle without the use of the engine. A motor scooter is more like a miniature motorcycle. Two of the biggest differences between mopeds and motor scooters are power and licensing requirements.

Since mopeds are not usually over 50 CCs of engine power, the licensing requirements in most places are more lax than for motor scooters, which have between 50 and 150 CCs of engine power. Most mopeds are legal for use on public roads, but are limited on highways. Mopeds have an automatic transmission. The benefits of owning a moped are that they are very environmentally friendly and, in many places, kids aged 14 or 15 can legally drive them on most public roadways.

A motor scooter has less power than a motorcycle, and many people choose scooters because they are more economical to drive and are not as intimidating as a full-power motorcycle can be. Mopeds, on the other hand, are more popular with young people. In areas where a motorized vehicle would not be allowed, such as a sidewalk or on a college campus, they are able to petal the moped and still get around.

Unlike a bicycle, the moped's engine allows users to get around at speeds up to almost 50 miles per hour. For adult commuters who want to save on fuel costs, a motor scooter is one option. For any commuter wanting to save the environment and get around in a stylish fashion, the moped just cannot be beat.

Some states classify mopeds according to their engine size, and others make the classification based on top speed. If you are considering a moped for transportation, check your state's specific regulations regarding the classification of the vehicle and the licensing requirements. Some states allow mopeds to be driven on public roads at the age of 14. In most states, 15 is the minimum age requirement. Motor scooters are usually classified as motorcycles, and the minimum age for driving on public roads is 16.

For high school and college students who need to travel relatively short distances at relatively low speeds, a moped is an excellent fuel saver. The small size is as easy to manage as a bicycle, but you do not have many of the limitations or hassles, such as pedaling up steep hills without assistance or getting out into the flow of 40 mile-per-hour traffic without the necessary power.

Adult commuters with relatively short, low-speed commutes also enjoy the money saving moped. Mopeds are also more environmentally friendly because they consume far less fossil fuel and have lower emissions.

Monday, August 27, 2012

How a Functional Cupola Works

"It is the one worker who makes the first advance in the subject; the details may be worked out by the team, but the prime idea is due to the enterprise, thought, and perception of an individual." By Sir Alexander Fleming.

A cupola brings in cooler air, while allowing warm air to escape. Our forefathers understood that by removing the hot, moist, stagnant air from the attic promoted longevity for the roofing structure. It has been said cupolas were the early form of air conditioning.

Cupolas are the small buildings that sit on top of the roof. Cupolas appear to look like a miniature house house, both louvered and window ones can be functional in providing roof ventilation. When purchasing a functional cupola. check to see if they are built with screens to keep the bugs out.

From residential barns to grand cathedrals the cupola provides both an aesthetic appeal as well as a functional use. Cupolas add stateliness and a focal point to the buildings upon which they are placed.

Wood is the preferred material as it doesn't retain heat, so the hot air escapes through the windows or louvered sides. The number of louvers will determine how well they ventilate, the greater the number the better the ventilation. Circulating air to reduce moisture levels and bring in fresh air is ventilation.

The American Institute of Architects estimates that 90% of homes in the United States have unacceptable high levels of moisture.

Insufficient ventilation can lead to moisture problems in the winter and decreased energy efficiency during the summer. If the warm moist air remains in the attic, it causes condensation that will eventually rot the roofs sheathing. In the northern states, when the moist warm air remains in the attic, it can melt the snow causing ice dams on the roof.

Cupolas are placed on the roof which is the optimal place as heat rises to the top. The temperature on the roof is 30-35 degrees warmer than the temperature on the groung?

Adding a cupola to the roof allows a way for the heat trapped to escape, by providing a natural flow of warm, moist air in an upward direction through the sides of the cupola. This movement of air eliminates mold, mildew, wood rot and musty odors. Other benefits include overall airflow and light to be filtered to the inside.

When purchasing a cupola for roof ventilation, a hole needs to be cut into the roof. It is recommended that the hole be six inches less than the outer base of the cupola. Using a cupola for ventilation requires metal flashing applied around the base. It is beneficial to work with a qualified contractor when doing this.

The functional role of cupolas for roof ventilation has been replaced in the most part to a decorative architectural accent. Cupolas spice up any building, whether purchased for functional or decorative. They create a country motif to existing or new buildings.

Copyright (c) 2009 Elda Titus

Sunday, August 26, 2012

Sms Jokes And Humor To Forget The Stress Of Life.

Humor is essential part of life, including work life and a very important in our conversation. The sense of humor is as necessary for keeping your outlook healthy and for growing strong relationship. Everyone enjoys the company of person who can deliver humor well. Humor is much deeper than laughter. Without humor our life would be very colorless and becomes dull and monotonous. The use of humor in our daily life brightens our day and may also make strides our mental and physical health.

Humor affects us in our daily life. Whether you are working in big company or small company, whether you are in marketing department, finance department or accounts department, you probably come across a person who is very funny in nature and enlighten your day with his humorous nature. He spread the humor and joy with his funny sayings and jokes and makes you feel happy. If these humorous persons are not there with us, our life would become very boring.

What are SMS Jokes? SMS Jokes are sweet, funny and short messages that are particularly used for sending to your friends via SMS text messages. You need to master the art of text Jokes if you use text messaging as your operations in your daily life.

Sending SMS Jokes is a great way spread the humor. In fact, it is the easiest way to makes your friends smile and forget the stress of your daily life. Sharing funny jokes with your mates' cam make the serious moments of life much lighter. Reading and sending sms Jokes helps you access laughter and joy within you and it helps you relieves the tension and embarrassment by adding some fun and humor to it.

There are thousand of websites on internet where you can read thousand of SMS Jokes. The jokes in these websites all well places in different categories e.g. funny sms jokes, Hindi sms jokes, flirt sms jokes, funny sayings jokes etc. so that you can easily access them. When using SMS Jokes, it is important to choose the sms which doesn't make angry to the receiver of sms. You should choose the sms which should not be very rude or dirty, choose one according to taste and nature of receiving person.

Hence, SMS Jokes are great way to interact with your friends. They help you keep smile on your face as well as your friend's face and let you forget the stress of daily life.

Saturday, August 25, 2012

"what's In A Name?" - Just Your Business Survival!

"What's so important about how I sign my name?"

I get asked that question all of the time from my business consulting clients.

I tell them that a better question to ask me is this:

"Who cares about how I sign my name?"

The answer is a simple one.


FINE PRINT: Except... your customers and clients, your creditors, your bank, your mortgage company, your landlord, the I.R.S... oh yes... and anyone else that wants to SUE YOU (and don't forget ALL their lawyers!).

As in many areas of the law, the exception to the rule swallows up the rule!

What do I mean by this?

Well, let's start with some basics. For instance, if you've already formed a corporation or limited liability company (LLC), you may think that you're already protected from personal liability in the event of a lawsuit against your business.

In general, the rule is that a corporation or LLC, if formed correctly, and if all of the formalities required under the law of the State where the entity was formed are followed, does protect you from personal liability for business debts and lawsuits.

FINE PRINT: Except... when you choose to do business as an individual, and not as the corporation or LLC that you initially formed.

You see, whenever you sign documents like contracts, purchase orders, contractual agreements, leases, loans, mortgages, promissory notes, and most other legal documents involving your business, you need to make sure that you sign your name only in your business capacity.

You MUST avoid signing your name in your individual capacity.

And how do you do that? It's pretty simple. You see, the format that you use to sign your name is the controlling factor.

In many cases, you as the business owner, sign your name without knowing how to properly sign your name to business documents. In fact, most business owners of corporations and LLC's still sign legally binding agreements in their individual capacity...and not as the business.


If you have formed a corporation or an LLC, you must remember to sign all contracts, agreements, invoices, etc... as an agent of the business.

For example... Many business owners haphazardly, or perhaps inadvertently, sign legal documents like the format shown in

EXAMPLE 1 below:


John Doe

"But what is the consequence of signing my name like in EXAMPLE 1 above to invoices, agreements, or documents?"

EXAMPLE 1 and the above signature format legally establishes that YOU have signed the contract, invoice, loan, or agreement as an individual.

And not as an agent on behalf of your business.

If you sign your name to agreements in the form depicted in EXAMPLE 1 above, YOU could very well be liable personally to meet all of the terms of the agreement.

And you likely don't want to do this!

Why Simply out, because you're therefore subjecting all of your business assets and personal assets as well to the risk of a lawsuit.

If you sign agreements as depicted in EXAMPLE 1 above, YOU will very likely be named personally, as well as your business, in any lawsuit filed against the business.

Remember then:

Signing your name like in EXAMPLE 1 above DOES NOT establish that you have signed the agreement as an agent on behalf of your business.

"Okay. So how should I sign my name to my invoices, contracts, leases, loans, or any other business agreements?

What simple step can I take to protect my business, and my personal assets as well?


Make sure that you only sign legal documents, letters, memos, invoices, loans, leases, etc... as an agent of your business.

How must I sign my name to any legal document or agreement to show that I am signing only as an agent of my business?

Follow EXAMPLE 2 below:



BY: John Doe
President (Company Title)

If you sign your name on the dotted line following the exact format depicted in Example 2 above, you legally establish that you are only signing as an agent on behalf of the business...and not in your individual capacity.

But you MUST follow the Example 2 precisely.

CAVEAT: Another very important point on this topic.

AVOID SIGNING documents that state "PERSONAL GUARANTY" on them.

A Personal Guaranty is usually a separate legal document attached to the main agreement. You generally see a Personal Guaranty in a loan, mortgage, or lease. However, sometimes a Personal Guaranty can be established just by the way you sign the legal document, invoice, lease, or agreement.


Simple. If the agreement merely has a signature line that has your individual name on it without any reference to your business name, you are signing the document as a Personal Guaranty. You are therefore personally liable for that agreement if you sign the agreement with such a signature line.

But, what do I do if I am being required to sign a Personal Guaranty, like for a business loan or commercial lease for example?

If a Personal Guaranty is required, you or your lawyer should negotiate a limited period of time (the shortest possible) that the Personal Guaranty will bind you as an individual.

Remember, if you formed a corporation or LLC in the first place, you did it to avoid personal liability and to protect your personal assets. Anyone who does business with your company should, and usually does, know this. So, be careful. Other possibilities can be negotiated too. Just do your best not to sign in your personal capacity by signing a Personal Guaranty.

It's important to remember to only sign legal documents, invoices, and even letters as an agent of your business. (Follow the format found in EXAMPLE 2 above).

How else can I make sure that I am signing my name properly to all of my business documents?

Call your attorney to review all of your agreements, invoices, leases, and legal documents BEFORE you sign them. Your attorney will offer sound advice that protects YOU, your loved ones, and your business.

Now, let's review.

What's in a name?

Well... besides your business... could be all of YOUR personal and family assets!

The best advicve especially in the midst of tough economic times or a Recession, is to have any document you sign first reviewed by your lawyer or business consultant.

Copyright (c) 2008. Miguel Mendez, Jr. All rights reserved.

Friday, August 24, 2012

How to Make Your Bucket Truck Eco-Friendly!

As an answer to the increasing cost of gas and the growing concern over global warming, vehicle manufacturers have been racing to provide their customers with fuel-efficient versions. Today they are being built with fuel-efficient engines, smart engine management systems, and hybrid engine technology. Some are already fully electric and no longer require petroleum-based fuel to operate.

The efforts to create eco-friendly and energy-efficient vehicles have been successful with personal passenger cars. Unfortunately, the commercial truck versions still need a lot of additional work. Not all of the eco-friendly technology available in cars can be adapted to commercial truck applications due to the demanding uses of these vehicles. Despite this, there are still ways to make bucket trucks eco-friendly.

Follow a Regular Maintenance Schedule - Following a regular maintenance schedule is one way to keep any vehicle eco-friendly. A regular tune-up will keep the engine's timing synchronized so that it can burn gas efficiently and eliminate any unburned gas from leaving the exhaust. According to the manufacturer's recommendation, the air filter should also be replaced regularly. A clogged filter can reduce the proper fuel-to-air ratio and as a result, the engine has to burn more fuel to maintain its power output. It is also important to check the wheel alignment and the air pressure of the tires regularly. Either of these problems can increase the engine's workload and reduce efficiency.

Use Bio-Diesel - The type of fuel used also affects the energy efficiency and emission of the truck. A diesel engine is already 30 to 40 percent more efficient than its gasoline counterpart; however, it is still possible to increase efficiency and reduce emissions by using bio-diesel. This fuel is derived from plants and is considered carbon neutral since the plants used for producing the gas consume roughly the same amount of CO-2 from the air as is released when bio-diesel fuel is combusted.

Reduce Drag - Another way to effectively increase efficiency when driving is by reducing the amount of wind drag on the bucket truck. Wind resistance can significantly increase the engine's workload. Two simple ways to effectively reduce a vehicle's drag is by closing the windows when driving and driving at a moderate speed.

Use Less Air-Conditioning - Air conditioning increases the engine's energy consumption. So if it is not needed, always turn off the A/C and use the vents instead. During the day, it helps to park in a shady area to prevent heat build-up inside the cab.

Go Easy on the Pedal - Avoid sudden breaking and rapid acceleration. Sudden braking will cause the tires and brake pads to wear out faster, while rapid acceleration can increase energy consumption. If possible, try maintaining a constant speed to reduce fuel consumption.

Plan a Route - Reduce energy consumption by planning a route and avoiding heavily congested traffic. If possible, drive the truck when the traffic is not heavy to avoid stop-and-go traffic, which really increases energy consumption. For unavoidable traffic delays, save energy by turning the engine off while waiting for the traffic light to turn green.

Bucket trucks are known as gas guzzlers, and although most eco-friendly and energy-efficient technologies are not yet widely available for commercial truck applications, there are still many ways to make vehicles energy-efficient and eco-friendly. Following these beneficial tips will help keep the truck in better operating condition and help save the environment!

Thursday, August 23, 2012

How Do 24Hs. Cash Advance Loans Work?

Have you read online promotions about 24Hs. Cash advance loans? Do you need money for an emergency and can not wait any further? Do you wonder how 24 Hs. Cash advance loans work? Within this article you will find a brief explanation of this type of cash advance loans and details on the many benefits they provide for those with bad or no credit and for anyone going through an emergency situation with urge for quick cash.

Purpose Of 24 Hs. Cash Advance Loans

These loans are obviously meant for emergencies and the urgency is the main characteristic of the product. To clarify the concept we need to say that these loans are processed within less than 24 business Hs. and thus, if you apply for a loan on a Friday evening chances are that you will not obtain the money till Monday. Other than that, these loans are the financial products which are processed with more swiftness on the market.

But since the lender's risk evaluation team does not have time to assess the risk of the transaction there will be some limitations: the loan amount will not be high, usually these loans provide up to 1,500 dollars and not a cent more. The repayment programs are shorter than on common personal loans and there is usually a fee charged instead of a specific interest rate but that fee would stand for a rather high interest rate when pondered annually.

The Loan Approval Process

One of the most interesting features of 24 Hs. Cash Advance Loans is that you can apply for one online or through the phone. You can complete the online application or contact the lender and have them complete the application on the phone for you. You may be required to fax the agreement with your signature by some lenders but most offer no-fax options too when applying online.

As regards to the requirements for approval, the main one would be to show proof of income which can be done with job payment receipts or tax presentation copies. Some lenders provide these loans with stated income when there is already an existing relation with the bank but these loans are actually pre-approved and your credit has been assessed beforehand.

If your income is suitable, you can obtain the amount of money you need up to the limit provided by the lender. Most of these lenders require no credit verification processes checks but given the little time they have, even if they do require a credit check, they will only pull your credit report once and take a resolution based on the information provided on the report.

Once the loan is approved, which is usually done within a few hours, the amount requested is transferred to an account that the borrower provides at the time of applying for the loan. The whole process never takes more than 24 Hs. and most lenders compensate their clients for any delays by reducing or excluding the fees. However, this only happens exceptionally and you should expect to have your money deposited into your account by the next day you apply for it.

Monday, August 20, 2012

Watch Tv On Pc - Over 3500 Channels With Satellite Tv Software For Pc

I always thought Satellite TV Software for PC are great, but with the limitation of mobility. You have a great choice of channels, and visual quality, but only when you are home, and your TV is connected to your satellite dish/receiver set. And i always wondered why noone thinks about creating a mobility solution for my tv watching pleasure.

Well, now it's no longer a question, because i have met the greatest software, SatelliteDirect. It simply turns your pc (or mac of course) into a satellite tv, with a really low and affordable one time fee! Of course, the first thing i thought was "it should be illegal to sell so many channels fort his low". But i have checked it, and everything seems to be very legal.

It's very easy to start just visit this website watch satellite TV on your PC.

Now i can watch the games on my laptop even at work. Going to parents-in-law for dinner is no longer a problem for my virtual league, as i can watch and check the scores anywhere i find internet connection. It has no limits for downloads, or channels you watch. You just simply pay the one time fee, which is paid back if you don't like the service, and instantly you have access to over 3500 channels on your pc or mac.

The system is as simple as possible. You register on Satellite Direct, make your payment with your credit card,or even paypal, download the software for your pc or mac,and start watching any of those 3500 channels you like.

I have started using this software for satellite tv last month, last week i cancelled my satellite tv and i will cancel my cable tv before the end of this month, because this software gives me all the services of satellite and cable. I also bought an HDMI cable and connected my laptop to my tv, so now i have the luxury of a big flat screen with HD resolution. Now i am thinking about using my old pc as a set top box to watch TV, thanks to Satellite Direct, all is need is a cable.

Just today we bought another membership for my brother, and he is really happy now that he can watch the games online wherever he is. Because of his job, he often visits Europe and he was always complaning that he can't reach his satellite channels that he has at home, and always used it as an excuse for his looses on our virtual league. Now he has no excuse left, we will see how he really plays.

I know it sounds like a dream come true, but it really is. Remember the days when we had no internet, and paid huge bills for anything like telephony, video conferencing, etc. Now we got internet and the best advantage of the net is that it reduces our costs for anything, now including our broadcasting needs.

As a conclusion, i recommend you give SatelliteDirect a try. The worst thing you loose will be a few minutes. You get your Money back if you don't like it. You will not see recurring bills like your satellite or cable provider on your credit card report. It's easy to install and also very easy to uninstall. Just register here - , pay, download and meet the new era of TV pleasure with HD resolution.

Sunday, August 19, 2012

Selling Through Education

The role that I play at my company, Pinnacle Equity Solutions, is truly unique. Every day I get to speak with top advisors from around the country on the topic of exit planning. This is particularly exciting as we all recognize how new this industry is and what great opportunities there are to provide leadership in local markets and with business owner clients.

One of the most interesting topics that I find myself discussing is the concept of 'selling through education'. Aside from the general comments above about the changing marketplace that we all are in, the fact remains that 'exit planning' is a relatively new concept as the industry is still emerging. Accordingly, I see many advisors and institutions promoting 'exit planning' without a true awareness of what 'exit planning' really is. Moreover, I am left with the steady awareness that most business owners do not know, exactly, why an exit plan is critical to their lives.

It is each advisor's individual responsibility to educate this marketplace on this topic and to do so in a way that serves the business owner's best interests, while also building revenue and profitability for that advisor.

How then, in this changing marketplace, can this new service be explained and delivered?

We begin by recognizing that nowadays - no matter what product or service we are selling - our potential (or existing) clients and customers are very busy. This economy has the best of business people questioning their every decision and considering each purchase they make with the perceived and immediate importance of it in their lives today. From a practice management perspective, this makes our lives more challenging, but, at the same time, creates an amazing opportunity if you have the ability to educate your client as part of your marketing and sales process.

Almost every coaching student that I work with is redefining their message to the market. I strongly encourage each advisor to write a Special Report - or a short White Paper - that describes who they are, what they do, the market that they serve, and the reason why the work that they do is so important to their clients.

Why is this so key?

Because consumers are more discriminating than ever before and we need to reach out to them to tell them our story. In addition, because everyone appears to be so busy, it is important to put information in front of them that they can review, on their own schedule, to learn more about you, what you are offering, and why it is relevant/essential to their lives right now.

The greatest extension of this practice, for me, has been the Exiting Your Business book that I wrote last year. As more and more business owners and advisors read through the book, they are drawn to the message in this book. This, in turn, draws them to Pinnacle's business. And, the key point here is that when they do contact Pinnacle's office, they already know what we do, why we do it, and the immediate importance that it has in their lives. This really helps with the sales process, i.e. selling through education and attracting customers and clients (in our case, Members) who are 'prequalified' with their interest in our services.

POINT: People that you want to do business with will actually read what you have to say and will evaluate their buying decision without you 'selling' them - you are educating them on the relevant and immediate importance of what you do so that they can apply it to their lives today. These potential customers and clients can understand your view of the world before you meet them in person or over the phone. So, when you do meet with them you are not trying to explain your value proposition in a time-compressed manner. Rather, the meeting becomes a process of verification of what you do instead of a discussion about discovering what it is that you do. Again, people / business owners are short on time today - so, we adjust our process to meet the marketplace.

This process of increased communication therefore begs a logical question that every advisor needs to ask themselves in this market. Namely 'what VALUE am I bringing to the client / prospect that I am currently talking to?'

On a recent call with an advisor interested in Pinnacle's process I asked the following questions -

'when you talk business owners, what value do you feel you are bringing to the conversation?' and

'what differentiates your practice in their eyes and why should they do business with you?'

Ironically, even though I asked a direct question, I got an odd answer - she simply said 'You're right'.

The 'you're right' answer was an admission that there was no value in the conversation with the business owner. In this world of increasing commoditization of services, this advisor admitted - to herself - that there was no value. Therefore, why would the business owner do business with her?

Seems crazy. But so is the world that we are living in.

Once you understand the value of what you offer - i.e. what you truly have to give to this client and the relationship, the work is far from over. You then need to educate your prospect / client on why this value is relevant to their current situation. Again, that process is 'selling through education'.

When you are more focused on what you have to give to this client than what you can get from the relationship, things really begin to take shape. And that is the primary conversation that I have with each of my coaching students as we navigate this fast-changing world. And, as this emerging exit planning industry takes shape faster and faster, it is beholden upon each exit planner to understand and communicate exactly what exit planning is and why it will change the business owner's life.

In summary, today's consumer needs to be educated on your services and you need to understand the value of what you are offering. When you combine your message with the intention to find clients who value your service and will listen to your message, then you begin to attract to your practice those clients who are not only willing to pay you for your service, but are also much more enjoyable to do business with.

We need to change with this changing world. Selling through education is the first best step towards securing new clients in this highly opportunistic environment.

John M. Leonetti

Wednesday, August 15, 2012

Body Contouring May Be Right For You

If you have fat built on different parts of your appearance that makes you uncomfortable and self-conscious, you may want to consider body contouring. It is a quick and easy procedure that can allow you to get the look you have always wanted, without having to spend hours on end in the gym. Over the years, many advancements have been made when it comes to body contouring. It is far less painful than it has ever been and the recovery time is shorter than ever.

If you are thinking about body contouring, it is important to meet with a plastic surgeon to discuss the options that are available to you. Many people are often surprised by how seamless the look is. You will not have to worry about massive scarring or it being noticeable where you had the procedure done. The only way that anyone will be able to tell that anything changed is that you will look smaller and more fit.

If you have recently lost a large amount of weight, body contouring may be right for you, as well. It will allow you to get the finished look you want quickly and easily. When you gain large amounts of weight, your skin stretches to accommodate the extra tissue. When you lose the weight, the skin often does not shrink back down to the size that it was. This can leave you with large amount of drooping skin that may make you feel uncomfortable and embarrassed. After you work so hard to lose the weight, you should be able to show off your new and improved appearance with confidence. This procedure may be just the thing you need to feel great about yourself again.

Most insurance companies will not pay to have the procedure done. However, there are now many different payment plans available to make the process far more affordable than ever before. You can get a loan from a bank to pay for the procedure or some plastic surgeons offer in-house financing to make it even easier for you to get the procedure, you want. If you choose to get in-house financing or a loan from your bank to pay for the procedure, it is important to realize that both may require you to put down a significant down payment on the loan.

After your body contouring surgery, your recovery time should be minimal. If you have any concerns about what you will and will not be able to do during recovery, it is important to voice those to your doctor before the procedure takes place. This will allow him or her to give you tips to help you feel more at ease with the situation and to allow your recovery to go as smoothly as possible.

Tuesday, August 14, 2012

How To Get Zyprexa Lawsuit Funding

No - Risk Lawsuit Funds for Zyprexa, Product Liability Lawsuit Plaintiffs

Plaintiffs involved in pharmaceuticals class action lawsuit and product liability lawsuit like Zyprexa, Vioxx, Fen-Phen etc, can now get Lawsuit cash advances. 99% of plaintiffs involved in lawsuits do not realize they can get cash advance while they are waiting for their settlement money.

Zyprexa (olanzapine) is a second generation or atypical antipsychotic medication produced by Eli Lilly and company. Zyprexa was FDA approved for the short-term treatment of acute manic episodes in bipolar disorder.

In 2003 the FDA required that the class of drugs known as atypical antipsychotic, including Zyprexa, include warnings about increased risk to patients of development of diabetes and hyperglycemia. In 2004, a federal prosecutor announced an investigation of Eli Lilly, in relation to the techniques it has used to market Zyprexa.

To date, over 16 million people have used this drug. The FDA has identified there have been 384 reports of diabetes Zyprexa side effects, including 23 deaths. There have been many questions regarding the popular drug Zyprexa and its safety. The potentially fatal Zyprexa side effects have resulted in Zyprexa class action and product liability lawsuits.

A risk free source of legal finance is now available for plaintiffs involved in Zyprexa class action lawsuit and other pharmaceutical products liability lawsuits. It is called Lawsuit funding or often referred as Lawsuit loans, Legal funding, Legal finance, Legal financing and Lawsuit pre-settlement funding, Loans for lawsuit, Pending lawsuit loan, Cash advance on lawsuit, Funding lawsuits, Funding lawsuit, Litigation funding and Legal cash advance, but these are not loans because the money does not have to be paid back unless the case is won or settled.

These are non- recourse lawsuit cash advances. It carries no risk because plaintiffs pay back only when they get their settlement money from defendant company.

It does not seem fair for the plaintiffs, that even if they have won their Zyprexa class action and product liability lawsuit, the money they get may come too late. They need money now. Most of the plaintiffs, because of their medical conditions have missed work or lost their jobs. They can no longer meet their mortgage/ rent or car payments. Many of them may be one or two payments away from foreclosures. They may be in need of medical treatments. They need to pay education expenses of their children.

Pharmaceutical drug class action and product liability lawsuit or litigation can take years to settle, which can be a problem if they are sick or are unable to work. They can have a solid pharmaceutical drug litigation claim and a strong legal team, but the drug companies have deep pockets.

Legal finance or so called loans for lawsuits can help them buy some time with a cash advance on their pharmaceutical drug litigation settlement.

Zyprexa Litigation Funding or Legal Cash Advance: How does it work?

The process to receive Zyprexa lawsuit funding or lawsuit loan is risk free & simple. Plaintiff may have a bad or no credit. There are no monthly payments. The total process is confidential, prompt and discreet:

1. The first step is to complete an Application form. Making an application is free and there is no obligation. Approval is fast.

2. Plaintiff authorizes attorney to release case information to underwriters.

3. Quick and thorough underwriting process to qualify client.

4. If approved plaintiff completes funding agreement.

5. Bank check delivered to plaintiff.

6. Plaintiff pays back upon getting the settlement amount.

They can use the lawsuit cash advance or loans for lawsuits in any way they like. They can use the money for living expenses; pay their bills, mortgage/ rent / car payments, medical treatment, education expenses. As a matter of fact use it any way they like, it is their money.

How Home Equity Loans For Bad Credit Are Made So Affordable

The weight of debt associated with mortgages convinces us that, for the term of that loan, we will only toil to pay it off. But in reality, every year that repayments are made without a hitch, the weight of debt is lessened, and equity increases. This means that a home equity loan for bad credit management purposes can then be secured to improve the financial situation even further.

Using a loan to clear debts is nothing new, and the benefits are pretty clear. The mechanics of the deal has it that home equity is increased as each mortgage repayment is made. So, after meeting loan criteria like income levels, a significant loan can be used to clear debts like credit cards, personal loans, auto loans others.

What is more, the use of equity as security means bad credit scores can be ignored, so even large sums can be borrowed. Of course, home equity loans need to be repaid, so keeping costs down is important too. Here are a few ways to do so.

Examine the Credit Report

There is a lot of information within a credit report that can be hugely useful when applying for a home equity loan for bad credit management. Knowing where the weaknesses in any application lie provides a chance to set matters straight before submitting one.

Criteria cannot be met if certain aspects of an application do not state the right thing. A credit report will reveal what action can be taken to address this. For example, an applicant might be better off lowering the overall monthly outgoings before applying to ensure the debt-to-income ratio is adhered to, a vital part of meeting loan criteria.

Experian, Equifax or TransUnion are the three credit agencies that can supply a credit report. Be careful though, as their respective details can differ because of differences in their own calculations. Still, the information is extremely valuable when applying for a home equity loan.

Improve Your Credit Score

The whole idea of accessing your credit report is to know how to improve your credit score. When it comes to home equity loans for bad credit, there may be little attention paid to the score since equity is the security. But, the affordability of the monthly repayments still needs to be assessed.

By clearing existing debts, monthly repayments can be lowered significantly. This then leaves more income available to repay the equity loan, a huge boon when meeting loan criteria is already a challenge. Lightening the load can done either by using a consolidation loan to clear all of the existing debt, or by using smaller loans to clear individual debts.

The series of smaller loans usually means higher interest rate per 0 or ,000 loan, and a repayment term of just 30 days, but when seeking a home equity loan both methods can be hugely effective.

Lengthen the Loan Lifetime

Meeting with the set debt-to-income ratio (40% of income) is vital if approval is to be secured. This can be difficult when it comes to home equity loans for bad credit, since the reason for bad credit can be the size of existing debt in the first place. But another way to make the loan affordable is to extend the term of the loan.

For example, if a ,000 loan has a 10-year term, the monthly repayment would be around 0. If the same loan had a term of 20 years, then the repayment would be around 0. This extension means meeting loan criteria is all but certain.

Of course, a longer term also means a greater amount of interest is paid over the duration. But this is a compromise on a home equity loan that is worth it.

Monday, August 13, 2012

4 Top Home Design Trends for 2012 Including Small House Plans and Family House Plans

America's economic slump has had a significant influence on home designs. Before the Great Recession hit, lavish "McMansions" were popular. In contrast, many of today's homebuyers are looking for small house plans that can help them minimize heating costs as well as their mortgage payments. Flexibility is another "must have" in family house plans. With new appreciation for economic unpredictability, many Americans have abandoned the idea of upgrading to larger homes as their families grow. Instead, multigenerational house plans are gaining in popularity, since these flexible family house plans can easily sustain a new baby, a returning graduate, or an aging parent.

Another reason why multigenerational house plans are trendy at the moment is that Americans' life expectancy is longer than ever. Hoping to live comfortably in their own homes as long as possible (rather than being hauled off into a nursing home), many homebuyers are thinking ahead and looking for family house plans that are designed for people of all ages and physical abilities.

Here are a few more top home design trends for 2012.

1. Bigger garages - but not for cars.

Designers of family house plans are favoring larger garages, but not for the reason you might expect. Rather than storing an extra set of wheels, Americans are using these larger garages as "flex space," for storage or living space, as needed. For instance, while one family may choose to store clutter in the extra garage space, another may transform an extra garage bay into a "man cave" den, where Dad and his buddies can hang out. Ultimately, additional space in the garage is appealing to modern buyers because it can quickly be shifted to alternative purposes if needed.

2. Accessibility for all Age Groups.

A new survey conducted by the American Institute of Architects found that almost half of American architects rank accessibility as a growing preference among homeowners. Multigenerational house plans designed for age-in-place comfort often feature attributes such as:

-No-twist faucet handles, to avoid arthritic pain. These faucets are activated through a lifting action that completely avoids the wrist pain that is so common among older Americans.

-Minimizing stairs. Because stairs can be difficult or even impossible for seniors to navigate, many multigenerational house plans are designed on a single level.

-Bars to provide stability in slippery spaces, such as bathrooms.

Because such features are appealing to a broad swath of homeowners, family house plans that feature universal design often maintain a high property value over time.

3. Multiple Master Suites.

Small house plans don't have to feel cramped. Architects are creating multiple family arrangements within in the same home to provide a comfortable living arrangement for different generations of residents. For instance, rather than having all living spaces connected, a separate bathroom/bedroom/kitchenette suite in the back of a home can be accessed through a separate entrance. This preserves family members' privacy.

4. "Command Centers" within other rooms.

Back in the nineties, family house plans often included a distinct office area. Today, in contrast, the popularity of small house plans inspire such work zones to be located within other rooms. As an example, a designer may feature a kitchen nook with a desk, bookcase, and paper storage area for bills. That way, Dad can keep an eye on dinner while doing the family finances.

Sunday, August 12, 2012

Gardening In A Condo

There are certain trade-offs that are necessary to make if you plan to live in a condo. For many people, the trade-offs are well worth all the positives of the condo lifestyle. But do not let anyone tell you that you cannot maintain a garden (or a semblance of one) just because you live in a condo. The truth is, condo residents can have thumbs that are as green as those of anyone else. Following are a few ideas for condo residents with gardening on their minds.

Hanging planters
The best part about hanging planters is they do not take up any of your precious floor space. And if you live in a small condo, especially, the importance of that cannot be underestimated. Hanging planters are good, too, if you have kids or animals, as they are more difficult for them to access. While virtually any plant can be planted in a hanging planter, those that tend to grow large and long, like ivy or spider plants, make a lot of sense for this type of planter.

Sun shelves
One thing about some condos is they do not get a lot of natural light. While natural light is vital for a lot of plants, a sun shelf, in many cases, will work as well. These shelves actually have full-spectrum lamps above them that take the place of natural light and encourage plant growth. One of the best parts of them is they can double as a side table, or something similar.

Pockets for planting plants often are made out of felt or a similar material. They attach to the wall and many condo residents use them to create a garden that grows vertically.

The right veggies
There is a trend these days toward locally grown produce and vegetables. What better way to keep your purchases local than to grow your own? So long as you have a container than can hold your vegetables and your dirt, and so long as it can be drained, you can have a vegetable garden inside your condo. The best veggies for an indoor garden are those that do not take up much space. Examples include carrots, lettuce, peppers, radishes, and tomatoes.

Improved air quality
While many people like to grow plants inside because they provide food, or just good dcor, it also is worth noting that indoor gardens actually can clean and clear the air. They also can reduce the amount of dust and allergens in your condo.

Saturday, August 11, 2012

Making Good Use Of A Fast Cash Loan

Cash emergencies are something most of us face at some time or another. The car breaks down, or the kids need a quick trip to the dentist, or we run a little short of money until the next pay check. These are all common occurrences, and when they arise now we have the ability to rely on fast cash loans to see us through.

In the past some people abused this type of financial privilege and didn't use them wisely. They saw it as a means of getting quick money to perhaps use on things that were not really a necessity. As a result of this type of behavior they found themselves getting to a point where they weren't able to pay these short term loans back. This ended up with cash advances till payday got a bad rap. There were some loan lending companies such as this that didn't help much either.

You want to realize that if you are going to take advantage of fast cash loans that you first should deal with a reputable company. These are the ones that are up front about their lending rules. They are not loans that you can make use of then decide to pay them back whenever you choose. There are firm payback rules in place and potential penalties that will be imposed if you do not honor your contract. It is reasonable that these fast cash loan companies would set these types of rules. They operate on quick cash turn over therefore they need quick cash payback rules.

If you set your guidelines to utilizing these types of cash services in a responsible manner then you will always have the comfort of knowing that there is a money resource for you to be able to tap into when the need arises. Most financial institutions will not offer small loan opportunities simply because there is not enough of a profit margin in it for them. This is why in the past it has been so difficult for individuals in need of cash quickly to find a resource for it. It meant that they would have to turn to friends and family and this is an embarrassment for many.

It is wise to reserve this easy to obtain method of extra cash for when you really need it. Don't get into the habit of using it for non emergencies as this is where you will tend to be spending money that you won't be able to pay back. Find a good fast cash loan company and be content with knowing that they will be there when you need them.

Thursday, August 9, 2012

Applying For A Student Credit Card

College could be a time of learning, a time of adventure, and also a time of pressure. A number of of those stresses spring from bills. From student loans to textbooks, college life is pricey. A great number of students sign up for student credit cards throughout college.

Student credit cards are granted to any member of the academic community regardless of whether or not a student is element time or full time, undergraduate or graduate, international students who're visiting, functioning or studying inside the US, school staffs either full time or portion time faculty and administrators who're ages 16 year old and above. For those students who're much less than 18 years of age consent from the parents or the guardian is essential.

Applying for a student credit card is advised because it can assist students in generating their credit history which they are going to want within the future specifically in obtaining loans which includes auto, housing or even money loans. An incredible quantity of international students and scholars acquire it honestly tricky to acquire a credit card given that they lack a credit card history. In order for them to create a credit card history they really should have a credit card or no less than have a history in paying off debts of whatever variety. It really is in reality a frustrating scenario particularly if you're badly in want of economic help. A great number of international students who applied for a credit card have been rejected.

How can I receive a student credit card?

Ahead of applying for the credit card, maintain in thoughts that this need to not be a totally free pass to purchase something you desire. Be sure you'll have the ability to make your monthly payments!

1. It generally much better to acquire a secured credit card to assist you in creating your credit history. Inquire within your bank regardless of whether they're providing secured credit card. A secured credit card can be a variety of credit card having a deposit. The deposit becomes your credit line. This indicates that if you reach your credit line you should pay off or else your credit card is going to be suspended. If you ever can religiously pay your monthly credit bills then you can have the ability to create an a lot more dependable credit history.

two. Student credit cards are open to students who've lived inside the United States prior to or for some time so an international student will nevertheless have the possibility to acquire credit card.

three. For full time student you might get in touch with your bank as a way to apply for a student credit card. Your bank will manage your credit card request.

four. You will find instances when your application for a student credit card is denied; when this takes place you must come across a person who has a fantastic credit standing to act as your guarantor.

Added benefits derived from obtaining a student credit card:

Student credit cards support students to discover the way to turn into responsible, specifically when it comes to handling revenue. By wisely employing these cards students are in a position to begin boosting their credit scores. A student credit card is also a terrific way of teaching students about interest and debt. With appropriate and correct guidance, students will likely be in a position to acquire extra added benefits from obtaining a student credit card.

The disadvantages of student credit cards:

A student credit card when not made use of responsibly can outcome to an excellent quantity of debt that follows a student even right after he or she graduated from college. The cause for this really is that normally occasions students max out their cards particularly those without having any revenue managing expertise have the difficulty understanding that a credit card just isn't "FREE MONEY". It can be a debt that needs to be repaid.

At times students have especially small earnings which makes it challenging to pay on these credit card bills. Each and every month, the bill continues to rise and turn out to be a lot more overwhelming. Usually, late payments and interest starts to accumulate, generating it tougher for students to repay the debt. The minimum payment just is not sufficient to place a dent inside the situation.


In signing up for a student credit card keep in mind that you simply and also you alone are responsible for paying your bills so be responsible within your expenditures. Control your self from overspending on issues which you do not want.

Wednesday, August 8, 2012

Townhouse Therapy presents Italianate Interiors

The Italianate style flourished between the late 1840's and the 1870's. It was more ostentatious then the preceding Federal and Greek Revival rowhouse styles. In the Post Civil War environment, there was a desire by New York's wealthy to flaunt their growing affluence and nowhere better to show off than with in one's home. Townhouse facades became wider, taller and more elaborately detailed, and in the interiors of the homes wealth was most evident.

Early Italianate townhouse interiors followed floor plans of the preceding Greek Revival style, identical double parlor rooms with sliding doors, an archway or Corinthian columns between the parlors. Some homes had small sized wood frame extensions used as a tea rooms in the rear parlor extending into the garden and first floor. As New York's affluence grew, a full sized parlor room was added to the parlor level and the garden level adding to the size and structure of the home and creating homes with triple parlors. This new parlor room was used as a formal dining room. With the advent of the dumb waiter in the 1870's, servants could send food up from the kitchen to the dining room and the small stair and hatch, which had existed between the lower level kitchen and parlor was removed.

For ventilation and light flow in the middle parlor, Pocket doors were then moved to rear parlor and the only sign of separation between the front and center parlor was an open archway. When indoor plumbing and heat were introduced to homes, and heating homes became easier, the scale of home increased was increased to 25 feet in width and a top a fifth floor was added to the construction of many fine homes.

The majority of the rich detail was on the Parlor level. Elaborate ceiling moldings, chandelier rounds, etched glass pocket doors between the parlors and highly ornate white marble fireplace mantels. As the center focal point of a room, mantels were an essential component in decor. Families and their guests gathered around the fireplace. The rectangular mantels with flat pilasters of the Greek Revival period were replaced by boldly carved rococo features with rounded or arched openings and carved iron plates. Mantel shelves had scalloped edges supported by acanthus or oak leaf faced console at each end. The finest homes had statuary mantels with maidens standing on each side carrying the shelf on their heads like ancient caryatids. Handsome rope moldings with an ornamental keystone at the top center edged the arched metal opening. Later Italianate mantels exhibited scallop shells, baskets of fruits and maidenheads. The mantels of upper level rooms often maintained the Geek Revival style or an echo of the Italianate shapes without the intricate carved detail found on the lower levels.

Complementing the admirable craftsmanship of the mantels were large ornamental gilded mirrors, placed over the fireplace mantels or between the front and rear window walls. These mirrors would extend almost to the top of the parlor wall to the crown moldings. Mirrors were a way to add drama by reflecting the many beautiful furnishings and tapestries, the fine clothing and festivities.

Crown moldings and chandelier rounds became thick and elaborate with foliate and floral detail, rope twisting through the leaves, imitating mantel designs. The advent of paper mache allowed for more intricate designs and easier installation.

Wainscoting, wood or plaster chair rails ran through the hallways up to the top floor. Walls were plaster, however in the parlor and along the parlor level hallway velvet or leather embossed wallpaper were the fashion. Dark mahogany, oak black walnut and satinwood were used for doors, frames and parlor woodwork. These woods contrasted the bright decor of wall coverings and rugs as well as elaborate ceiling moldings.

Many entry doors were double arched doors, with a tiny foyer and another set of double doors. A black and white triangular pattern marble floor or encaustic tiles were laid in elegant patterns on the foyer floor. Interior floors were four two six inch pine with mahogany, or black walnut inlay around the borders. Rugs were fitted to the room to allow the lovely wood inlay to show.

Stairwells curved elegantly up the flights, with mahogany banisters and a elaborate carved newel post. Newel posts were made of rosewood, ebony, or walnut inlay. Balusters were carved in complimentary forms to the newel post. At the top floor a large oval or rectangular skylight shed light down to all the floors and spotlighted the beauty of the banister. The interior of the skylight frame often contained elaborate period plaster decor or forms echoing the crown moldings of the home. The glass in the skylight was often etched in a similar pattern to the parlor pocket door glass.

On the upper, bedroom floors, moldings and fireplace mantels were much simpler Large closets came into fashion in the late 1860's with well crafted mahogany drawers and cabinets. As plumbing advanced cold and hot running water became a mainstay washbasins were installed in the closet hallway pass through. Ceiling heights on these floors were generally ten feet on the master bedroom level and nine feet on the top floors, reserved for the children and servants.

Coal and wood burning ovens replaced the hearth and iceboxes appeared in kitchens by the 1860's. Additionally running water and the invention of hot water heater allowed for the creation of bathrooms on the bedroom levels. Polished tubs, mahogany and marble vanities, silver fixtures began to appear in wealthier households.

There are many wonderful examples of Italianate architecture in New York City found both in Manhattan and in Brooklyn including several which can be visited such as the Salmagundi Art Club at 47 5th Avenue, The Merchant's House at 27th East 4th, and Isaac Van Anden House in Brooklyn Heights. Stroll down Saint Lukes Place in Greenwich Village, along Washington Square North and houses along the Promenade in Brooklyn heights or to view the most authentic examples of homes from the period.

Tuesday, August 7, 2012

Making The Best Out Of Psd To Magento Conversion Services

The concept of e-commerce is not very primitive, but the hype it has created is enormous. People are fast picking up this trend of shopping while sitting in the comfort of their homes. Viewing the immense acceptability the e-commerce concept has received more and more business owners are venturing into this field. This has, in turn, led to an increase in the demand of new e-commerce portals and shopping carts.

Numerous platforms are available in the web arenas that are designed to support e-commerce development. Magento is one such open source platform that has made shopping cart development a manageable process. PSD to Magento conversion caters to all the major needs of an e-commerce portal including those that sell services to those that sell products. As you convert PSD to Magento, you give new dimensions to shopping cart development process. There are several benefits of PSD to Magento conversion that prompts every developer to convert PSD to Magento while developing a shopping cart:

1. User-friendly: It is very important for an e-commerce store to be user-friendly. Not every user will have a technical background, so design your store keeping in mind their convenience too. Make sure that they are able to navigate from one section to the other with ease. Also keep the process of placing an order and checking out simple. Storing basic information like address, phone number etc. is a good idea. This will save the user from the pain of filling in the same information again and again.

2. Customized Development: As you convert PSD to Magento, you get several Magento themes to choose from. You can, however, custom design your website including your website's structure, logo and color scheme. You can design your website as per your taste in Photoshop and then use PSD to Magento conversion for getting a highly customized online store.

3. Flawless Coding: Clean codes play a pivotal role in making your website search engine friendly. PSD to Magento conversion uses semantic coding. This HTML code is well-structured and flawless. This ensures that search engine crawlers can easily scan your website's content and you can get better search engine rankings. Websites built with Magento are compatible with all major browsers including IE, Chrome, Firefox, Safari and Opera.

4. Payment Mode Integration: The biggest drawback that majority of e-commerce stores face is the lack of available payment options. Ensure that you have enough to offer when it comes to payment options. As you convert PSD to Magento you can include variety of payment options such as Internet banking, PayPal, Credit Cards, Debit Cards, E-Cheques etc. As you include these payment modes, however, make sure that you give highest priority to the security of the data user provides on your website.
To design a perfect e-commerce portal it is important to partner an experienced PSD to Magento conversion service provider. There are several IT firms that convert PSD to Magento. Listing down your priority and choosing one of them will a good option for your business.

Monday, August 6, 2012

January 2011: New York City Office, Retail And Industrial Market Report

Three major trends as we start 2011

Foreign money is looking to buy Manhattan office and residential buildings by paying prices beyond those that make economic sense for domestic buyers.

Retail Landlords are actively seeking pop up stores to replace failed retailers. Landlords are still not willing to negotiate with struggling retailers.

The Manhattan Office market is a tale of two cities. Wall Street and Law firms have gone from net firing to net hiring. These two employer categories are economic engines for Manhattan and consumers of Class A office space. The other side is N.Y. State and N.Y. City governments that are shrinking and existing N.Y. firms are down- sizing on renewals. The net result is a continued slight tightening on the Manhattan office market over the next year.

New York City Market Overview:
Mayor Michael Bloomberg's budget director has ordered a 20 percent reduction in planned spending for the city's 10-year construction plan, due to the struggling economy. It's unclear which projects will be cut, but budget director Mark Page asked the city to identify work that can be postponed or canceled.

New York City has, one million square feet too much real estate. We have to look at where we own, where we lease, the air rights and development rights and look broadly to return as much as possible to the private sector. Possible places that can be downsized are the 50 data centers and 100 garages in the city.

Midtown South pushes Manhattan vacancy rate down. Overall vacancy rates in Manhattan declined in November to 12.3 percent, from 12.4 percent in October. The decrease was largely in part to a number of smaller transactions in the Midtown South market, which saw strength across most of its submarkets, with vacancy rates falling to 12.2 percent from 12.8 percent. The average asking rent in Manhattan saw a small boost last month, rising to .57 per square foot, from .23 in October.

Mortgage delinquencies across the country are expected to decline significantly in 2011 as the economy continues to stabilize. The national mortgage loan delinquencies, the number of borrowers 60 or more days past due, will drop close to 20 percent by the end of 2011 to 4.98 percent, from an expected 6.21 percent at the end of 2010. The projected decrease in 60-day mortgage delinquencies would more than double the 9.87 percent yearly decline that is expected between the end of 2009 and 2010, from 6.89 percent to 6.21 percent.

Office tenants in Midtown leased more space in November than in any month since the middle of 2006, as new office leasing rang in at double the monthly average. The month's robust leasing activity, the largest single-month total since June 2006, was achieved by deals of all sizes across the entire market. Tenants struck relocation or expansion deals for more than 2.4 million square feet in Midtown, compared with 1.2 million square feet the month before.

New Developments
Columbia University may be moving forward with plans for a .3 billion expansion after the U.S. Supreme Court rejected an appeal by local businesses whose properties may be subject to eminent domain. The justices refused to question findings by a state development agency and said that the area is blighted and that the expansion has a legitimate public purpose.

Several years back, retail giant Walmart tried to open stores in Queens and Staten Island, but backed off after fierce community opposition. Now the discount chain store is trying again to break into the New York City market, since it believes dynamics have changed, with the city becoming more receptive to similar stores like Target and Ikea. Walmart is looking at properties in each of the five boroughs, and hired Mayor Michael Bloomberg's former campaign manager to help organize its lobbying efforts. A site in East New York was under consideration, but opponents of the project fear that Walmart will be bad for smaller local businesses which cannot compete with the retailer's low prices.

The U.S. hotel industry posted improvements across the board last week, with all of the key metrics showing increases in year-over-year comparisons. Occupancy rose 4.7 percent to just under 50 percent, while average daily rates inched up by .5 percent to .87. Revenue per available room, or revpar, was up 5.3 percent, to .31. Investors are once again taking an interest in the U.S. hotel market after steady improvements in recent months.

JER Partners is to market the million mortgage on Kent Swig's 80 Broad Street, putting the embattled developer at risk of losing the 36-story office building. Swig defaulted on the loan earlier this year, and could lose control of the Lower Manhattan property should a buyer pick up the note and decide to foreclose. This is not the first time that Swig's ownership of 80 Broad Street has fallen into jeopardy. This summer a mezzanine lender attempted to foreclose on the building.

The newly built Courtyard New York Manhattan/Soho opened at 181 Varick Street, between King and Charlton streets in the Hudson Square area. The 20-story Marriott hotel features a fitness center and a business lobby equipped with Wifi, Starbucks and Table 181, a wine bar. The 120-room hotel includes 36 double-bedded rooms and one king suite, with several rooms offering glass-walled views of the Hudson River or the Manhattan skyline.

The developer of the planned brick and aluminum twin condominium conversion in Tribeca is trying to flip the site before the shovels have even hit the ground. Alvaro Arranz, principal of a major Spanish construction firm, bought the warehouse at 401 Washington Street and its neighboring parking garage for million in 2007. Now, after hiring architect Morris Adjmi to design a mirror-image aluminum version of the warehouse on the garage site, and obtaining all of the necessary approvals to carry out the conversion plans, Arranz is hoping a new investor will pony up million to take over and finish the job.

At times, this city can seem like an ocean of distress. Half-built or unsold condos abound. Office buildings dot marginal neighborhoods offering low rents to stay full. Loans secured by real estate are in trouble. Yet, distressed commercial inventory can be elusive, kept off-limits by banks waiting for a full recovery and perhaps mindful that in the last downturn, in the early 1990s, they may have let go of valuable real estate too soon. Nonetheless, some are figuring out how to wrest control of these troubled properties.

Troubled lender iStar Financial has reached a deal with Los Angeles investment firm CIM Group to recapitalize the debt on Trump Soho, the condominium-hotel at 246 Spring Street. iStar has been substantially paid down and all project, indebtedness has been extended as a result of new debt financing.

Extell Development got two steps closer to getting the go-ahead from the city on its 3.1 million-square-foot Riverside Center project, with unanimous approval from two City Council committees. The 'yes' votes by both the Committee on Land Use and the Subcommittee on Zoning and Franchises are hopeful signs for the project as it heads to a final vote by the full City Council later this month.

Waterscape Resort, the owner of the new, 50-story Cassa Hotel and Residences at 66-70 West 45th Street in Midtown is suing its construction firm for million, alleging that the firm never obtained insurance to cover defaults by its subcontractors. Pavarini claims, however, that it did get the insurance and paid hundreds of thousands of dollars in premiums. In June 2007, Waterscape hired Pavarini to build Cassa, which is developed by Assa Properties. Under the agreement, Pavarini was obligated to purchase Subguard insurance to protect against potential default by its subcontractors.

Home Depot is reaping the benefits of Americans' increasing willingness to invest in home improvement projects. The retailer, which reported stronger-than-expected sales last month, upped its predicted earnings for the second time in two months. The company now pegs its expected income for fiscal 2010 to be .97 per share, up from its previous estimate of .94 per share.

CCLC, a national child care provider, plans to build its first-ever child care center in New York City at 90 Park Avenue, between East 39th and 40th streets. CCLC @ 90 Park Child Care Center is to open in spring 2011, and can accommodate up to 68 children between six weeks to five years old. In addition to backup child care, approximately half of the spaces will be available for regular, full-time enrollment by local families. CCLC is also considering additional backup care center locations downtown and near Columbus Circle.

Pharmaceutical giant Pfizer has paid a .7 million penalty to the city for relocating some of its corporate offices to New Jersey and Pennsylvania after receiving tax abatements and other incentives intended to keep jobs in New York. The company originally struck a benefits deal with the city in 2003, when it employed 5,300 people here, and in 2005, asked for more incentives as it increased its New York headcount. But as of this summer, the staff at Pfizer's East 42nd Street global headquarters had fallen to 3,837, down from a peak of over 6,500.

A Greek Orthodox Church destroyed by debris from the Sept. 11, 2001 terrorist attacks is suing the Port Authority of New York and New Jersey over a failed deal to rebuild its home. In the claim, leaders of the Church allege that the agency engaged in arrogance, bad faith and fraudulent conduct when it withdrew in March from negotiations over a 2008 rebuilding agreement, citing excessive demands by the church.

Law firm Winston & Strawn has inked a deal to renew and expand its New York City offices at 200 Park Avenue. The 280,000-square-foot lease is likely the second-largest for a law firm this year, behind Proskauer Rose's 400,000-square-foot lease at 11 Times Square. Winston & Strawn, whose clients include Goldman Sachs, Bank of America and Ernst & Young, has been located in the building since the mid-1990s, and this deal represents one of several expansions for the firm since then.

Lender Deutsche Bank is not expected to accept the full payoff of the defaulted loan on 3 Columbus Circle. Developer Joseph Moinian bought 3 Columbus Circle, also known as 1775 Broadway, in 2004, refinanced it two years later with a 0 million loan, and then defaulted on the mortgage earlier this year. In September, Related Cos. bought the 0 million mortgage and moved to foreclose on the property, intending to destroy it and create a larger building.

Foreign exchange market brokerage FXDD has moved to a new office at 7 World Trade Center. The firm, which was previously located at 75 Park Place, signed a 13-year lease for the 40,000-square-foot office. FXDD has already moved into the new office to accommodate its growing roster of employees.

Facebook has inked a deal to lease two floors at Milstein Properties' 335 Madison Avenue, the former Biltmore Hotel, between 43rd and 44th streets, and could expand to as much as 150,000 square feet there. That's enough to house up to 600 employees, at a time when the social network is reportedly getting ready for an aggressive hiring push for new advertising sales representatives in the city. Currently, the company has 15 open positions in New York and a 5,700-square-foot office in Midtown that's already overcrowded.

In the largest lease deal of the year, Paris-based financial firm Societe Generale agreed to take up to 560,000 square feet at 245 Park Avenue, moving east from offices on Sixth Avenue in Rockefeller Center. And also last month, Natixis, a Paris- and Boston-based money manager, signed a 16-year deal for 182,200 square feet on the third, fourth and fifth floors at 1251 Sixth Avenue. The actual starting rent was per foot, and included per foot in landlord improvements and 12 months of free rent.

Gene Kaufman, the founder of Gene Kaufman architects, is currently working on several new projects, including a Hyatt hotel in Union Square, a Marriott Courtyard at 35th Street in the old Atlantic Bank Building, a Holiday Inn on Delancey Street and a Holiday Inn Express in the West 40s.

The last few months have brought several new stores to the trendy Soho neighborhood. The American Eagle Outfitters flagship store at 599 Broadway . The Kardashian sisters opened a new clothing boutique called Dash at 119 Spring Street. More than 20 stores have recently opened up in the area, from indie boutiques like Wendy Nichol at 147 Sullivan Street and Realm at 98 Greene Street, to global brands like Chanel, which renovated its location at 139 Spring Street, Moncler at 90 Prince Street and AllSaints Spitalfields at 512 Broadway.

Bloomberg LP is seeking an additional 300,000 square feet near its headquarters at 731 Lexington Avenue and East 59th Street, which would expand its current space by one third. The company already rents nearly 900,000 square feet at 731 Lexington Avenue, but there is no more room available at the 1.3 million-square-foot property, which is owned by Vornado Realty Trust. Over the last year, the company has added close to 500 lawyers. It was unclear where Bloomberg was looking but sources said there is a large block of space available at 601 Lexington Avenue, a Class A building owned by Boston Properties.

A renovation is underway at the Battery Park City Regal Cinema in the Embassy Suites Hotel, owned by Goldman Sachs. The box office and entrance to the theater are being moved to the second story, and the newly vacant space will be absorbed back into the hotel. Embassy Suites is also being redesigned. The hotel is slated to close in early January for a gut renovation that will transform it into a Conrad Hilton.

Industry expert's battle proposed mortgage interest deduction changes Industry leaders are riled over a federal proposal to overhaul the mortgage interest tax deduction. The deduction, which allows homeowners to deduct interest on their mortgages of as much as million, would be curtailed under the proposal. Among the changes would be a 0,000 mortgage cap and a 12 percent non-refundable tax credit made available to all. The panel, which has been tasked with reducing the national deficit by trillion over the next decade, said that the tax deduction could be siphoning too much cash out of federal coffers.

City officials and developer Alexandria Real Estate Equities unveiled a new, 310,000-square-foot science park today at 450 East 29th Street, the first of the collaborators' three planned life science facilities for a vacant stretch of land along First Avenue. The Alexandria Center for Life Science, located on a three-acre, city-owned site, has benefited from millions in city, state and federal funding.

A new rezoning plan organized by the Department of City Planning and Manhattan Borough President Scott Stringer is taking shape in West Harlem, where an expansion in Manhattanville by Columbia University is underway.

The saga of the Second Avenue Subway continues, and this time it's not only struggling businesses worried about their livelihood or residents being temporarily displaced from their homes. The owner and residents of the Yorkshire Towers, a rental complex at 305 East 86th Street, filed suit yesterday to force transit officials to justify planned entrances for the Second Avenue Subway in front of their building. Yorkshire Towers Co. and the Yorkshire Towers Tenants Association say the proposal means nearly 9,000 commuters will flood the sidewalk during the morning peak hour for entry and exit at the building.

A team of investors led by Todd Lippiatt of Aristone Realty Capital has come to the rescue at 245 10th Avenue, the 11-story condominium near the High Line that had been facing a foreclosure action and several lawsuits. The investors have bought out the debt holders at the property, including Citigroup and Hudson Realty Capital, which had filed to foreclose on their .3 million mortgage last March. Now, with the foreclosure action withdrawn, and the lawsuits, filed by contractors over allegedly unpaid work, settled, the project is on schedule to debut in the spring.

A high-end residential development in Greenpoint that was funded in part by basketball great Magic Johnson and that failed as a condominium but survived as a rental was sold in bankruptcy for .2 million. Brooklyn investors Chaim Gross, Martin Friedman and Joseph Brunner signed a purchase agreement for the 130-unit property known as Viridian, at 110-130 Green Street between Franklin Street and Manhattan Avenue.

The city is seeking to lure a "top caliber academic institution" to open a new graduate engineering school campus with the promise of as much as 0 million in real estate and other public contributions. The city is concerned that it is falling behind its peers in attracting technology start-ups and may offer up properties like the former hospital sites at the Brooklyn Navy Yard and Roosevelt Island.

William Beaver House, the Andr Balazs-designed Financial District condominium that was just bailed out by the Los Angeles-based CIM Group, is going partially rental under its new ownership. The 333-unit tower, which had been facing a foreclosure lawsuit prior to the takeover, was part of a three-piece deal in which CIM agreed to buy the debt on two troubled Sapir Organization buildings (Trump Soho and Beaver House) and take an equity stake in another (11 Madison Avenue). CIM purchased the loan on over 200 unsold condos at the Beaver House and subsequently took ownership through a deed-in-lieu of foreclosure.

A Joseph Moinian-Stephen Ross battle for tenants may be underway, with Moinian planning to build a new office tower just north of Related Companies' billion West Side rail yards development, which is currently seeking office tenants. Although Moinian hasn't divulged too many secrets about his new development, set to break ground on 11th Avenue between 34th and 35th streets, he did say he plans to begin marketing the 1.6 million-square-foot tower. While the timing of Moinian's announcement may be brushed off as mere coincidence, the developer said he'd been planning the project for five years. The Related CEO has been angling to foreclose on Moinian's 3 Columbus Circle office building.

Negotiations have resumed between the U.S. Postal Service and the New York City Department of Education, in a deal that would turn the Peck Slip Post Office in Lower Manhattan into a 400-seat elementary school. The postal service first entered talks with city officials to sell the property this past summer, after putting the 70,800-square-foot building at 1 Peck Slip between Pearl and Water streets on the market in the spring. But negotiations deadlocked and the proposed sale, which officials say could help alleviate Lower Manhattan's overcrowded schools, appeared to be in jeopardy.

Brooklyn Borough President Marty Markowitz has officially thrown his support behind a proposed "Skyscraper Historic District" designation for Downtown Brooklyn, with a handful of modifications. Markowitz said he would omit the 75 Livingston Street co-op building from the district, as the co-op owners have requested, and also said he'd continue a planned retail conversion for a portion of the Borough Municipal Building, one of the protected structures in the landmark plan. Community Board 2 has already voted in support of the plan, which would protect several of the neighborhood's most notable buildings, including Borough Hall.

In keeping with Mayor Michael Bloomberg's recent initiative to bolster the research science industry in New York City, the mayor's office announced a new effort to bring an engineering campus to the city. The initiative is to bring a new, state-of-the-art applied sciences research school to the boroughs, something he believes would help develop a 21st-century innovation economy. The city is prepared to make a capital contribution of an undisclosed amount toward the development of this campus.

The Related Companies is plowing ahead with its preliminary construction work at the 26-acre West Side rail yards site, between 30th and 33rd streets, 10th Avenue and the Hudson River, which it ultimately plans to transform into a massive office, retail and residential destination. The developer is hiring a contractor to demolish the 60,000-square-foot former metal products distribution center that stands on the site of its first new rail yards building, an 800-foot tower with 1 million square feet of office space and 25 floors of apartments.

U.S. foreclosure activity dropped to its lowest level in nearly two years in November, as the country's biggest lenders put the breaks on their proceedings amid allegations that they'd been taking over properties without properly verifying the paperwork. The country's 262,399 foreclosure filings represent a 21 percent month-over-month and a 14 percent year-over-year decline, the largest in almost six years by both measures. In New York City, there were 863 foreclosure filings last month, down 41 percent from the 1,466 filings recorded in October and 56 percent from the 1,949 filings in November 2009.

The Port Authority of New York & New Jersey has hit the halfway point on the construction of 1 World Trade Center, the 3 million-square-foot skyscraper being erected on the former site of the Twin Towers. Currently rising 52 stories, the 1,776-foot, Skidmore, Owings and Merrill-designed tower will eventually be New York City's tallest.

Jay-Z has reached a settlement with his lenders over the site of a planned boutique hotel near the High Line and has deeded the property back to them for the value of the senior mortgage. The hip-hop mogul, whose given name is Shawn Carter, had partnered with real estate investors Charles Blaichman and Abram Shnay to purchase the site, a former Time Warner Cable warehouse at 511 West 21st Street, in 2007. The property was to become the first of many J Hotels, but the plan was foiled when the partners defaulted on their million senior loan in August 2009, prompting a legal battle over their interest payments.

Tenants at Stuyvesant Town and Peter Cooper Village allowed a year-long freeze on their landmark class-action lawsuit regarding rent overcharges to expire, but warned that a settlement was not likely before the end of the year, which could lead to a resumption of the case.

A joint venture between Fisher Brothers, BlackRock and a California pension fund won the 95-unit Upper West Side apartment building Park Columbus with a bid of million in a bankruptcy auction. In March, embattled developer Yair Levy lost the building located at 101 West 87th Street that he had tried to convert to condominiums, in foreclosure to Garrison Residential Funding. The mortgage and other debts totaling .6 million will be wiped out once the closing occurs.

HSBC is restarting foreclosures in New York State after a nearly two-month reprieve. The bank, along with peers like Bank of America, JPMorgan Chase and Wells Fargo, had halted foreclosure proceedings, revealing widespread errors in foreclosure documentation. HSBC is the first major bank it owns, around one-tenth of New York mortgages to restart proceedings since then (BofA has announced that it will resume foreclosures for vacant non-owner-occupied properties next month).

A new 2 million package of grants approved by the New York State Homes and Community Renewal will help build three Brooklyn developments and will preserve 541 units of affordable housing, while creating jobs and stimulating the local economy. The three Brooklyn projects: 25 Washington Street in Dumbo and Downtown Brooklyn's 388 Bridge Street Apartments and 29 Flatbush Avenue will each receive a portion of the funds and will have units set aside for low-income tenants.

Details of the New York Aquarium's planned 0 million renovation have emerged, with the project set to be completed in 2015. The aquarium, which attracts roughly 750,000 visitors a year at its Coney Island spot on the corner of Surf Avenue and West 8th Street, will receive a new, glimmering facade in the development, as well as a new 50,000-square-foot shark attraction.

A year after Thomas and Frederick Elghanayan formed TF Cornerstone, breaking off from their brother Henry and the Rockrose Development Corporation, Frederick, 62, opened up about the young company's success so far. People said it was impossible to get construction financing, but we've had a lot of interest in banks giving us construction money. TF Cornerstone broke ground three months ago on a 41-story, 380-unit apartment building in Long Island City with the foundation slated for completion in the next two weeks. The company also gave foundation orders last week for another New York City building.

SouFun Holdings, , plans to spend million to acquire the former training center of American International Group in Manhattan, with the purchase expected to be close in the first half of 2011. The training center includes a 250,000-square-foot building at 72 Wall Street. SouFun, said it will partner with selected universities and colleges in the U.S. to train its expanding management, staff and clients in the former AIG center.

Extell Development plans to start with its 34-story International Gem Tower building in March with or without a construction loan. The developer's equity partners in the project have agreed to invest the funds needed that many lenders have shied away from in recent years. The Diamond District commercial condominium currently has 150,000 square feet worth of commitments from buyers, which works out to around 20 percent of the building.

Pace University has signed an agreement with SL Green Realty for a 24-floor residence hall to be constructed at 180 Broadway.

Discount department store Daffy's has signed a lease for 28,000 square feet in the former New York Times building in Times Square, in a coup for Africa Israel USA, which had been struggling to find tenants there since it purchased the property at the height of the market. Last year, the company changed course at the 750,000-square-foot building, at 229 West 43rd Street, moving to convert it into retail space, a hotel and condominiums.

Silverstein Properties has delayed its scheduled sale of .3 billion in tax-exempt Liberty Bonds to finance the first of the developer's three office towers at the World Trade Center until the bond market stabilizes. The municipal bond market has been erratic in recent weeks as borrowers have rushed to take advantage of the federal Build America Bonds subsidy program, which may expire soon without an extension from Congress. With an expected completion date of 2013, the 4 World Trade Center project has already risen through the 10th floor but needs the bonds to fund the rest.

Ailing Anglo Irish Bank underwrote hundreds of millions of dollars in real estate debt in New York during the boom and is now unloading a .5 million mortgage secured by a package of apartment buildings in Upper Manhattan, owned by Vantage Properties. Anglo Irish, based in Dublin, is in financial distress after billions of dollars in global real estate loans went bad. Ireland's central bank, which provided financing for projects such as the Apthorp and 225 Rector Street, is winding down operations. Demand for note sales is higher than for actual properties.

New York City Buildings sold
Google paid .77 billion in cash for its new office at 111 Eighth Avenue. Google will occupy 550,000 square feet in the 2.9 million-square-foot Chelsea building, located between 15th and 16th streets. Google's ability to pay cash helped it succeed in the purchase.

MCR Development has acquired a portfolio of 10 Marriott and Hilton hotels for 4 million, marking one of the largest hotel deals in the country so far this year. The collection of mostly extended-stay hotels, include 1,100 rooms across New York, New Jersey, Connecticut and Pennsylvania. The seller, developer Briad Group, held onto the portfolio longer than it intended. Briad, who built the hotels between 2007 and 2010, chose to ride out the recession before unloading the properties.

Brooke Astor's 14-room duplex at 778 Park Avenue, once listed for million, is now in contract. The apartment, which takes up the 15th and 16th floors of the Rosario Candela-designed building, has been on the market since Astor died in 2007, most recently, for .9 million.

Los Angeles-based investment firm CIM Group has picked up an equity stake in yet another Sapir Organization-developed property, 11 Madison Avenue. The news comes on the heels of CIM's deal to purchase a stake in both the Trump Soho and William Beaver House. CIM is buying the property, which overlooks Madison Square Park and serves as the headquarters for Credit Suisse, for an undisclosed amount.

Aby Rosen's RFR Realty sold a two-story corner retail property at 451 Lexington Avenue at 45th Street in Midtown for .7 million. A Connecticut-based buyer identified as 451 Lexington Realty went into contract on the purchase. RFR Realty bought the 13,585-square-foot property in 1992 for an undisclosed sum. A one-story portion of the property is leased to fast food-restaurant Sbarro while a two-story portion is leased to McDonalds. There are three other tenants as well.

SL Green Realty has agreed to buy close to 1 million worth of office and retail investments from Gramercy Capital. As part of the deal, SL Green will own the land and lease fee for three properties, the Lipstick Building at 885 Third Avenue, 2 Herald Square and 292 Madison, but will also assume about 6 million in debt. SL Green will pay million to buy Gramercy's 45 percent joint venture interest in the Lipstick Building, million for their interest in 2 Herald Square and million for 292 Madison's land and lease fee.

Developer Craig Nassi sold the former Midtown offices of the Jewish Daily Forward to a Los Angeles-based entity called NYC Hotel 33 LLC for million in a quick flip after buying the property the same day from the long-time owners. Nassi's BCN Development had planned to build a 108-unit condominium at the six-story site at 45 East 33rd Street known as the Workmen's Circle building.

The West Village's Bleecker Street is now home to the third-most expensive storefronts in the city. Three properties were sold this week for million, or ,700 a square foot. Private real estate investment firm Beck Street Capital sold 367-369, 382-384 and 387 Bleecker Street, with tenants such Michael Kors and Burberry signing long-term leases. Since 2003, Fifth and Madison avenues have been the only retail areas to fetch higher prices than the West Village.

One of North Williamsburg's few remaining vacant lots along Kent Avenue has been purchased for million by an entity called Waterview Lofts LLC. The previous owner of the 40 North 4th Street site, Matarese/Mandella LLC had filed a permit to construct a new seven-story building there in 2008, but has apparently run into financial trouble since. In May, the owner was hit with a lis pendens which marks the beginning of the foreclosure process. The area is ripe for new development, with nearby 175 Kent Avenue and 224 Wythe Avenue both taking shape in recent months.

NYC Buildings For Sale
Schrager took a pass on the Hotel Chelsea after touring the for-sale landmark. The 127-year-old property at 222 West 23rd Street, famous for having housed literati like playwright Arthur Miller and rock and roll stars like singer Patti Smith, went up for sale in October for the first time in over 65 years and is to be asking around million.

Zamir Equities is selling off its leasehold on the 43,000-square-foot Fifth Avenue building that houses retailer Quicksilver on the ground floor. The 10-story property, which sits between 48th and 49th streets and has an address of 587 Fifth Avenue, is 95 percent leased, including the few floors taken up by Zamir's jewelry business. Zamir's leasehold extends until 2079 and Jane Goldman owns the land beneath the building.

The Philip Coltoff Center properties on Sullivan Street will be going on the market, as decided by a unanimous vote last night by the Board of Trustees of the Children's Aid Society. The sale of the Greenwich Village properties has been opposed by local residents, including Brooke Shields, as well as parents, one of whom has filed a lawsuit to stop the school from closing. Though there is no official listing yet, an earlier estimate valued the properties, one at 219 Sullivan Street and another at 177 Sullivan, to be worth between and million.

New York Office Leases:
Total Manhattan Office Class A vacancies decreased from 22.75 million RSF to 22.11 million RSF.
Total Manhattan Office Market vacancies decreased from 35.80 million RSF to 34.87 million RSF.
Total Midtown Office vacancy decreased from 21.32 million RSF to 20.80 million RSF.
Total Midtown South Office vacancy decreased from 6.40 million RSF to 6.12 million RSF.
Total Downtown Office vacancy decreased from 8.08 million RSF to 7.96 million RSF.
Total vacant Office Direct Space For Rent in Midtown Manhattan decreased from 19.06 million RSF to 18.73 million RSF.
Total vacant Office Sublease Space For Lease in Midtown Manhattan decreased from 2.26 million RSF to 2.06 million RSF.
Total vacant Office Direct Space in Midtown South Manhattan decreased from 5.78 million RSF to 5.56 million RSF.
Midtown South Manhattan Sublease vacancies decreased from 0.62 million RSF to 0.56 million RSF.
Total Downtown Manhattan Office Direct Lease Space decreased from 6.81 million RSF to 6.80 million RSF.
Total Downtown Manhattan Office Sublease Vacancies decreased from 1.27 million RSF to 1.16 million RSF.

NYC Retail Leases:
Total Available Manhattan Retail Space decreased from 0.86 million RSF to 0.82 million RSF./li>
Midtown Manhattan Retail vacancy increased from 0.24 million RSF to 0.25 million RSF./li>
Midtown South Retail space vacancies decreased from 0.50 million RSF to 0.46 million RSF./li>
In Downtown Manhattan, Retail vacancy decreased from 0.13 million RSF to 0.11 million RSF./li>

New York Industrial Leases:
Total Manhattan Industrial Vacant Space increased from 0.17 million RSF to 0.18 million RSF.
Midtown vacancy stayed at 0.07 million RSF.
Midtown South Industrial space vacancies increased from 0.09 million RSF to 0.11 million RSF.

Manhattan Office Rentals:
Meredith Corporation leases 212,594 sf at 805 Third Avenue.
Sesame Workshop leases 140,000 sf at 1900 Broadway.
Dorsey & Whitney leases 70,476 sf at 51 West 52nd Street.
Topps Company leases 66,684 sf at One Whitehall Street.
Cooper Square Realty leases 66,000 sf at 622 Third Avenue.
New York City Police Pension Fund leases 56,196 sf at 233 Broadway.
Schiff Hardin leases 48,164 sf at 666 Fifth Avenue.
Anthony Lawrence-Belfair Inc. leases 44,419 sf at 30 West 24th Street, 53 West 23rd Street and 49 West 23rd Street.
Altegrity Inc. leases 42,764 sf at 600 Third Avenue.
International AIDS Vaccine Initiative leases 37,000 sf at 125 Broad Street.
DeWitt Stern Group leases 36,783 sf at 420 Lexington Avenue.
Taylor & Francis Group lease 32,800 sf at 711 Third Avenue. leases
Morgan Keegan leases 28,750 sf at 535 Madison Avenue.
NBC Universal leases 28,541 sf at 135 West 50th Street.
Academy for Educational Development Inc. leases 28,000 sf at 71 Fifth Avenue.
Whitney Museum of American Art leases 27,000 sf at 300 Park Ave South.
News America Inc. leases 26,792 sf at 1185 Sixth Avenue.
AMSCO School Publications Inc. leases 26,342 sf at 315 Hudson Street.
Forefront Advisory Services LLC leases 25,030 sf at 590 Madison Avenue.
Update Inc. leases 25,000 sf at 1040 Sixth Avenue.
Buddy Media leases 23,896 sf at 21 Penn Plaza.
NewBay Media LLC leases 22,160 sf at 63 Madison Avenue.
Tremor Media Inc. leases 22,000 sf at 30 West 24th Street and 53 West 23rd Street.
HQ Global Workplaces leases 21,382 sf at 600 Third Avenue.
Wolf Popper LLP leases 21,180 sf at 845 Third Avenue.
The Shubert Organization leases 20,738 sf at 520 Eighth Avenue.
Greenwich House leases 20,000 sf at 122 West 27th Street.
The Clark Estates Inc. leases 18,900 sf at One Rockefeller Plaza.
Faunus Group International leases 18,000 sf at 80 Broad Street.
Forrest Solutions leases 17,684 sf at 19 West 44th Street.
Hertz Herson & Company LLP leases 17,548 sf at 477 Madison Avenue.
Gerson & Gerson leases 17,000 sf at 100 West 33rd Street.
Artscroll Printing Corp. leases 16,500 sf at 53 East 23rd Street.
Grohe America leases 15,219 sf at 160 Fifth Avenue.
North American Precis Syndicate leases 14,315 sf at 415 Madison Avenue.
Palantir Technologies leases 13,335 sf at 15 Little West 12th Street.
Hunter Global Investors leases 13,330 sf at 485 Madison Avenue.
Glass Lewis & Co LLC leases 13,162 sf at 48 Wall Street.
BuyWithMe Inc. leases 12,801 sf at 345 Hudson Street.
Urban Homesteading Assistance Board leases 12,644 sf at 120 Wall Street.
Canaccord Genuity leases 11,889 sf at 535 Madison Avenue.
Opera Solutions Inc. leases 11,161 sf at 180 Maiden Lane.
Kahn Lucas Lancaster leases 10,902 sf at 112 West 34th Street.
Cortview Capital Securities leases 10,793 sf at 650 Fifth Avenue.
T.Y. Lin International leases 10,400 sf at 110 William Street.
Perceptive Pixel Inc. leases 10,000 sf at 102 Madison Avenue.
BPCM leases 10,000 sf at 531 West 25th Street.
Thales Transport Security leases 10,000 sf at 317 Madison Avenue.
New York Retail Leases:
Aritzia leases 15,000 sf at 524 Broadway.
District 36 leases 14,800 sf at 29 West 36th Street.
All Saints Spitalfields leases 12,000 sf at 411-417 West 13th Street.
Nordstrom leases 11,137 sf at 350 West Broadway.
Fidelity Brokerage Services LLC leases 8,989 sf at 188 East 78th Street.
Duane Reade leases 7,300 sf at 3387 Broadway.
Tincati leases 6,000 sf at 20 East 63rd Street.
Sisu Fitness leases 4,103 sf at 600 Washington Street.
Chop't leases 3,750 sf at 520 West 43rd Street.
Consulate General of Honduras leases 3,500 sf at 255 West 36th Street.
Allison's on Fifth Inc. leases 3,000 sf at 1405 Fifth Avenue.
Dash leases 3,000 sf at 119 Spring Street.
Just Salad leases 3,000 sf at 706 Sixth Avenue.
Tribeca Food Group leases 2,760 sf at 120 Greenwich Street.
Scribble Press leases 2,600 sf at 215 West 84th Street.
CPW Tae Kwon Do leases 2,529 sf at 50 West 72nd Street.
Scottrade leases 2,200 sf at 1392 Third Avenue.
Canvas leases 1,800 sf at 199 Lafayette Street.
L2 Computer Inc. leases 1,800 sf at 726 10th Avenue.
Bric's leases 1,610 sf at 535 Madison Avenue.
Brickyard GastroPub leases 1,600 sf at 785 Ninth Avenue.
Zadig et Voltaire leases 1,550 sf at 409 Bleecker Street.
Eton leases 1,500 sf at 625 Madison Avenue.
Go Burger leases 1,450 sf at 1450 Second Avenue.
JOIE leases 1,346 sf at 1200 Madison Avenue.
Lovella Salon leases 1,300 sf at 111-117 West 72nd Street.
Eastern Image Day Spa leases 1,200 sf at 1169 Second Avenue.
Molloy's leases 1,200 sf at 737 Ninth Avenue.
Pet Ark leases 1,150 sf at 595 10th Avenue.
W W Spa leases 1,135 sf at 244 East 23rd Street.
Bauman Rare Books leases 1,133 sf at 535 Madison Avenue.
GNC leases 1,050 sf at 1755 Broadway.
Mailboxes Etc. leases 1,000 sf at 1461 First Avenue.
Turkish restaurant leases 1,000 sf at 399 West 44th Street.
New York City Buildings Sold:
1540 Broadway a 907427 sf office building was sold to HSBC Alternative Investments; Edge Fund Advisers for 4 million.
700 Eighth Avenue a 27-story hotel 1301 rooms total was sold to Rockpoint Group; Highgate Holdings for 0 million.
19 West 44th Street an 18-story office building was sold to Deka Immobilien Investment for 3.15 million.
152 West 26th Street a 22-story 280-room hotel was sold to RLJ Development for 9.9 million.
933 to 943 Madison Avenue and 33 East 74th Street Five 5-story commercial buildings was sold to JZS Madison LLC for million.
227 East 19th Street 4 commercial buildings 435108 sf total was sold to Memorial Sloan-Kettering for .1 million.
5 Hanover Square a 24-story 325000 sf office building was sold to Savanna for .98 million.
510 Fifth Avenue a 61159 sf retail space was sold to Vornado for million.
841 Madison Avenue a 4-story 18000 sf retail condo was sold to Ashkenazy Acquisition for .4 million.
509 Fifth Avenue a 12-story 48667 sf office building was sold to Murray Hill Properties for million.
859-865 Lexington Avenue and 132 East 65th Street a Development site was sold to Toll Brothers for .4 million.
147-149 West 46th Street a 4-story office building was sold to Sbp 46 Street LLC for million.
449 Broadway a 5-story 25000 sf office building was sold to United American Land for million.
237-239 East 53rd Street 2 mixed-use buildings was sold to ATA Enterprises for .7 million.
55 Mercer Street a 5-story 16600 sf mixed-use building was sold to KLM Construction affiliate for million.
125 Maiden Lane a 26000 sf office condo was sold to International Planned Parenthood Federation-Western Hemisphere for million.
35-39 Cooper Square a 28998 buildable sf development site was sold for .5 million.
256 Fifth Avenue a 6-story 12960 sf office building was sold for .5 million.
18 East 23rd Street a 5-story 9400 sf mixed-use building was sold for .7 million.
70 West 36th Street an 11,294 sf office condo was sold to KGK Group for .1 million.
70 West 36th St an 11,294 sf office condo was sold to a Software development company for .08 million.
411-417 West 13th Street a 12000 retail space was sold to Thor Equities.

RSF - rentable square feet
SF - square feet