Keyword: commercial
-
“The public is vastly unaware that our highways are completely over run right now with truck drivers operating on Foreign Commercial Drivers Licenses and what are now called Non-Domicile CDL’s."
-
But what’s going on today that’s even a bigger problem is the issuance of U.S. commercial driver’s licenses called non-domicile CDLs to noncitizens. That just started in 2021 under what’s called the Biden-Harris trucking action plan. And so we actually have non-citizens, just similar to what you saw those reporting on recently. Yeah, hey, we found out these guys are getting EAD (employment authorization document) cards. We found out they’re getting social security numbers. They’ve left one loose end. They also got commercial driver’s licenses,” he continued, explaining that they believe there are actually hundreds of thousands of drivers who...
-
As we gear up for the highly anticipated Super Bowl showdown between the Philadelphia Eagles and the referees, for those of us who really don’t care who wins, there’s always the added entertainment of watching the commercials. Every year, companies shell out insane sums for coveted Super Bowl airtime, and some ads go down as instant classics. But this year, the real buzz isn’t just about the game—it’s about a rumored ad campaign that could be truly epic. According to rumors floating around X, there are rumors of an an buy from Elon Musk to the tune of $40 million,...
-
“This is a societal moment where we come together as a country. We may be on different sides, you know, of the gridiron or the field. But we come together.” These words of Kimberly Whitler, a marketing professor at the University of Virginia, perfectly resonate with the minds of more than 120 million viewers who are expected to tune in for the Super Bowl LIX. No matter where your support lies or where you are, the Super Bowl is a spectacle you just can’t miss out on. And it seems Elon Musk, for one, knows that message very well, as...
-
From the world of commercial real estate, this shocking news:Minnetonka-based Onward Investors purchased the 31-story Ameriprise Financial Center at a big discount, adding to its growing portfolio of downtown Minneapolis office buildings.The firm paid $6.25 million in cash for the property at 707 S. Second Av., according to sources familiar with the deal. The building last sold in 2016 for $200 million.So that represents a 97% decline in market value since 2016. The prior owners handed the keys back to their lender in 2023. This is a nice, new building in the heart of downtown Minneapolis, but it is now...
-
I just watched a commercial for Prevnar 20 (i.e., PNC20, for pneumococcol pneumonia), which I believe failed to mention this product is made by Pfizer. It claimed people over 65 are 6x more likely to get pneumococcol pneumonia, but failed to note any other issues like co-morbidities which could contribute to this rate. Because there is sales pressure present, and by a company which cannot be trusted, I thought I would see what information might be available to a curious consumer.Here's Pfizer's webpage, noting that Prevnar was FDA approved June 08, 2021.U.S. FDA Approves PREVNAR 20™, Pfizer’s Pneumococcal 20-valent Conjugate...
-
Miller High Life Christmas commercial - 1977
-
Shane Gillis x Bud Light | Wrong Commercial
-
Now that we have had the second Trump Assassination attempt that our researchers predicted, a simple comparison will help us keep straight what we know in both cases. First, Thomas Crooks wasn’t even born before Ryan Routh committed his first felony on April 23rd, 2002 for possession of Weapons Of Mass Destruction in Guilford County, North Carolina. Fast forward to last year, Routh managed a group called the International Volunteer Legion that organized mercenaries to fight in Ukraine and was in Ukraine for five months and made lobbying trips to Washington, DC for that purpose. Routh conducted several fundraisers to...
-
All eyes are on the office sector as the future of commercial buildings in many cities depends upon its success, but the future isn’t looking too bright. Foreclosure rates on commercial properties have increased 48% from last year, according to a recent report from ATTOM. This rise in foreclosures is part of a larger overall trend. After reaching a peak in October 2014 with 889 commercial foreclosures, the numbers fell to a record low of 141 in May 2020 and then began rising again. Declining office performance likely attributed to the year-over-year increase in commercial foreclosures, said Joe Brady, former...
-
Building Just Sold at a 97.5% Discount The sale price of 135 West 50th Street in Midtown, which is only 35 percent full, was a sign of how much the pandemic upended the market for office buildings in New York City. COMMENT #1: Mr. Armstrong, I had to write to say thank you so much for everything you do. When Trump was indicted, you said sell and get out of New York. Your advice has always been discussed with our board, and the decision was made to sell in light of your ECM also turning in 2024. We managed to...
-
From furniture installers to plant whisperers, businesses are reeling from record-high office vacancy rates.Bay Area carpet and flooring company Conklin Bros. has existed in one form or another for nearly a century and a half, starting with a mule-drawn wagon and weathering the 1906 earthquake and a constant cycle of economic booms and busts. An employee for the past 35 years, JoAnn Edson, can’t remember business ever being as slow as it is now. “We’re struggling,” she said. “We’re just trying to stay open and stay afloat.” Before Covid, Conklin Bros. bustled with flooring orders for local offices, hotels and...
-
The national office vacancy rate hit a record 19.8% in the first quarter of 2024, according to a preliminary report from Moody’s Analytics. And it could get worse, as companies continue to lease substantial space despite a decline in the in-office footprint. The 'urban doom loop' cycleWhile the shift to remote work in recent years offers plenty of flexibility to employees, some experts have concerns the decline in office building usage could spell a more sinister problem for big cities. “Everybody’s affected by this issue,” Stijn Van Nieuwerburgh, a professor of real estate at Columbia Business School, told CNN. Van...
-
LOUISVILLE, Ky. — A judge recently placed a Louisville skyscraper in a receivership after its owners defaulted on a $28 million loan, according to new court documents. A lawsuit was filed in June by lender Wilmington Trust National Association in Jefferson County Circuit Court, and accused the owners of the Meidinger Tower of failing to make a monthly payment of $142,204.82 last November. The plaintiffs also claim the owners have not made a payment in any subsequent month.
-
Homework clubThe pandemic turned the world upside down. People stockpiled toilet paper, did yoga over Zoom, baked banana bread, bought Pelotons, went crazy for online shopping, and anyone who was even thinking about buying a pool went and got one. Pretty much all of those trends have since returned to normal, but a major one has remained: working from home.According to new data published in the Bureau of Labor Statistics’ Time Use Survey for 2023, ~35% of all employed persons in the US spent the average working day doing at least some of their work from home — up from...
-
Did NAIOP get the memo? NAIOP (National Association of Industrial and Office Properties) is a trade group comprised of commericial real estate developers and academics. Lobbying for more office space to be built despite overbuilding, Another chink in the armor of the US economy (not the roaring economy Biden and Yellen keep screaming about). Overbuilding of office space, COVID shutdowns, remote working and urban crime. A recipe for office vacancy. Moody's predicts 24% of office towers will be vacant by 2026! During the first three months of 2023, U.S. office vacancy topped 20 percent for the first time in decades....
-
The 19.6% of office space that isn’t leased is the highest since at least 1979 ... America’s offices are emptier than at any point in at least four decades, reflecting years of overbuilding and shifting work habits that were accelerated by the pandemic. A staggering 19.6% of office space in major U.S. cities wasn’t leased as of the fourth quarter, according to Moody’s Analytics, up from 18.8% a year earlier. That is slightly above the previous records of 19.3% set in 1986 and 1991 and the highest number since at least 1979, which is as far back as Moody’s data...
-
Imagine San Francisco 18 years from now. That’s more than four mayoral terms, at least one fashion cycle and nearly one Van Ness rapid bus lane project away. Generation Alpha—who will be adults—will likely be calling Gen Z “out of touch” by then. And—according to new long-term projections from real estate firm Avison Young—San Francisco won’t be left with a glut of empty office buildings anymore. On that front, the situation midway through 2024 is pretty grim. The city has the highest vacancy rate of any major market in the country—at more than 30%. Using previous recovery periods as a...
-
A new report is revealing how illegal drug funds have made their way through the commercial real estate market in South Florida “and beyond”, according to Bisnow. Among examples was Miami’s Sefira Capital, who agreed to forfeit over $29M in 2021 to settle a DEA investigation into money laundering, though it admitted no wrongdoing. The firm was accused of ignoring red flags about investor funds and was implicated in a DEA sting operation, revealing millions in drug money flowed through its investment fund, Bisnow reports. The probe included a $63M hotel acquisition near Washington, D.C., and an office building in...
-
The tallest building in Fort Worth has a commanding position in the city’s skyline, but the 1M SF building only commanded a price of about $12 per square foot at a foreclosure auction. The price per square foot amounted to less than 10% of the previous sale price for Burnett Plaza, which at 40 stories towers over the other buildings in Fort Worth. The winning bidder was one of Burnett Plaza’s lenders: Pinnacle Bank Texas bought back the building at this month’s auction with a bid of $12.3M, according to a report in the Dallas Business Journal. The previous owner,...
|
|
|