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Signed contracts spike in Manhattan and Brooklyn in January

first_imgBrooklyn had a similarly good month. For co-ops, new signed contracts increased 157 percent, from 46 to 118. And contracts signed for one- to three-family jumped by an eye-popping 481 percent, continuing the trend of townhouses dominating sales in the borough.Inventory in Brooklyn has also managed to grow with the market. New listings jumped 130 percent, from 93 to 214.New York City has faced some competition from the suburbs in recent months as residents explore having a secondary home in the tristate, or relocating completely. And while inventory has been depleted in the suburbs, demand remains strong.Contact Sasha Jones (iStock/Photo Illustration by Kevin Rebong for The Real Deal)New signed contracts rose across all home types — condos, co-ops and one- to three-family homes — in January, but co-ops especially saw a big spike.New signed contracts for co-ops in Manhattan jumped 167 percent year-over-year, according to the latest report by Douglas Elliman. The number of transactions hit 518, skyrocketing above the 194 recorded in January 2020 — before the pandemic hit.This is the second annual increase in deals since the first lockdown ended in June, according to the report.But inventory hasn’t kept pace: New listings fell 14 percent, from 709 last year to 608 in January. This marks the fourth consecutive month of inventory falling.The trends reported by Elliman are similar to those in the weekly Olshan Realty luxury market report, which has shown the market rebounding. But while things may look better than it did last year, it’s a ways off from the highs of 2015.Read moreLuxury market checks off another disappointing week of salesManhattan’s luxury market has best post-Christmas week since 2006Suburban home inventory is depleted, but demand rages Message* Email Address* Share via Shortlinkcenter_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Full Name* TagsDouglas EllimanHousing MarketNYC Luxury MarketResidential Real Estatelast_img read more


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Unilorin wins 3rd JAMB tertiary institutions football tourney

first_imgRelatedPosts COVID-19: Unilorin reopens mosque for Juma’at prayer UNILORIN to host ECOWAS moot court COVID-19: UNILORIN awaiting FG’s approved resumption date – Official The University of Ilorin on Saturday beat Nuhu Bamali Polytechnic, Zaria 1-0 to win the third edition of the Joint Admissions and Matriculation Board-sponsored tertiary institutions football competition.In the final match of the 16-team competition held at the University of Ilorin pitch, the game’s only goal was scored in the third minute.The institution thus won the trophy and N1 million, with the goal bringing the best out of the two schools.The two institutions clashed in the final of the competition last year, with the Zaria-based institution winning the trophy.Nuhu Bamali Polytechnic went home with N750,000 for coming second in the competition.Earlier, Ekiti State University, Ado-Ekiti defeated Federal College of Education, Gombe 3-2 to win the third-place match, which attracted a prize of N500,000.Tags: UNILORINlast_img read more


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Boeing executive speaks to engineering students

first_imgOn Wednesday night, the the Society of Women Engineers, Engineers Without Borders and the Undergraduate Student Government hosted Rick Baily, vice president of engineering, mission assurance and product support at Boeing Defense, Space & Security to speak about his leadership experiences at the company. The event was titled “What’s Harder — Strategic Leadership or Rocket Science?”Career launch · Rick Baily, vice president of engineering, mission assurance and product support at Boeing, speaks to students on campus. – Samhita Swamy | Daily TrojanNamed the National Management Association’s 2014 Executive of the Year, Baily was invited to speak about his career both as a rocket scientist and manager of 30,000 employees as a part of an initiative by Engineers Without Borders to teach its members leadership strategy.The Society of Women Engineers and Engineers Without Borders have had an extensive relationship with Boeing, as the company has funded several student initiatives.John Davy, president of Engineers Without Borders, said that he hoped advice from Baily’s speech would benefit the organization in its project for the semester.Davy said that Engineers Without Borders seeks to “help developing communities that have an engineering need.”This semester’s project focuses on building a community center in the Coachella Valley that will serve nearly 3,000 people, according to Davy.Despite being a UCLA graduate, Baily touched upon his reason for wanting to speak with USC students in particular.“[Viterbi is] one of only 17 schools in the world that [Boeing calls its] accelerated hiring schools,” Davy said.Bailey addressed some of the strategic challenges that arise in engineering companies and also shared lessons from his background in mechanical engineering, recounting some of his greatest successes and failures.“The aerospace industry has one of the biggest challenges,” he said. “In five years, half of Boeing engineering is going to be eligible for retirement. In 10 years, if they do the average, half will have retired. That’s a big challenge for us.”He dedicated a significant portion of his speech to the importance of teamwork.When asked about when to make an executive decision rather than consulting with a group, Baily said that leaders must utilize their analytical skills.He advised the audience “to have parameters of when a decision has to be made.”“He grew very organically — he didn’t get an MBA or any of that stuff, but now he’s doing project management so it seems like he blended some holistic experiences rather than just going suit and tie and doing the standard finance, accounting, whatever,” said Aydin Celebi, a senior majoring in industrial and systems engineering and history.Zhuohan Yu, a graduate student in mechanical engineering, said she originally attended the event because Rick Bailey is a high-ranking professional of Boeing who would have valuable insight into internship opportunities.When asked her biggest take-away, however, she noted “Bailey’s emphasis on building human relationships” because, as she put it, “[engineers] tend to focus on technical skills.”At the end of his speech, Baily advised the audience on interview tips and recruitment. He told students to gain knowledge of technical principles in their field, attain practical experience through projects, develop a proactive leadership style, learn how to articulate their knowledge and differentiate themselves from the crowd.“We really value practical, real world experience,” he said. “You need hands-on experience. Focus on the technical areas you are going to work in.”last_img read more


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NFL free agency news: Jaguars release QB Blake Bortles

first_imgWe have released QB Blake Bortles. pic.twitter.com/8sbzNYkxMS— #DUUUVAL (@Jaguars) March 14, 2019Bortles completed 60.3 percent of his passes and threw for 13 touchdowns, along with 11 interceptions, for Jacksonville last season. The Jaguars went just 3-9 in his starts and he was benched in favor of backup Cody Kessler.Jaguars general manager Dave Caldwell said last week the team was evaluating the quarterback position and Bortles remained “in the mix” to be its starter.“The goal is to put the best team on the field,” Caldwell told reporters at the NFL combine. “Obviously, the quarterback is a key part of that, but we have to make sure we have the best team — we have the best offense, the best defense. The quarterback will slide in place when it is time for that player to come in place.“It may not be until the draft, it may be through free agency, but when that time comes we want to make sure we have the best team offensively and defensively around that position.”The Jaguars selected Bortles out of UCF with the third pick in the 2014 draft, but he has struggled during his time with the team. He holds just a 24-49 record as a starter while tallying 103 touchdowns and 75 interceptions in 75 career games. Blake Bortles is no longer with the Jaguars.Jacksonville announced it released the 26-year-old quarterback Wednesday. Bortles led the Jaguars to the playoffs in 2017 and signed a three-year, $54 million extension before regressing last season.In order to fill the vacancy, Jacksonville announced it had signed Nick Foles to a four-year, $88 million deal.last_img read more


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Murray ready as hell ever be for Cincy singles return

first_imgCincinnati: Andy Murray on Sunday pronounced himself ready to go as he prepared to resume his singles career with a first-round test at the ATP Cincinnati Masters. “I’m feeling good, I’ve had three of four good practice sessions,” said Murray, a three-time Grand Slam champion who has tumbled to 325th in the world. “I have zero pain. “I’m not expecting to move as well as I used to. There is still some improvement to be made, though it will take time. Also Read – Puducherry on top after 8-wkt win over Chandigarh”I started training singles a few weeks ago, it’s the best to train with players at the highest level who hit the ball big.” The 32-year-old, who has undergone two major hip procedures, will face off against Frenchman Richard Gasquet in the opening round with the winner to face fourth seed Dominic Thiem. Murray last played singles in the Australian Open first round, losing in pain over five sets to Roberto Bautista Agut eight months ago. In a tearful post-match analysis, Murray confessed that his career might be over. That was far from the case, with a hip resurfacing a few weeks later giving him fresh hope. Murray began playing doubles at Queen’s Club in June, winning that grass court title with Feliciano Lopez. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterMurray, Cincinnati singles champion in 2008 and 2011, credits doubles king Bob Bryan with inspiring him to make a return after hip surgery. The American underwent the same resurfacing procedure as Murray in mid-2018 and made a solid return to competition. “I was speaking to him maybe three times a week from when he had his operation and even before,” Murray said of his communication with the recovering Bryan. “I listened to how he felt and what he had done — he was my inspiration, a huge help in my own comeback.”last_img read more


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Man in hospital after exchange of fire with Iqaluit RCMP

first_img(RCMP at the scene. APTN Photo)APTN National NewsIQALUIT-An Iqaluit man who exchanged gunfire with police Wednesday is in hospital, RCMP said in a statement.Iqaluit RCMP said there was an “exchange of fire” with an armed man in the early morning hours.The man, who was carrying a rifle and aimed it at officers, fled after his face-off with police. He was later found by police found bleeding from the chest.The man was taken to Qikitaani General Hospital where he is in stable but critical condition.The RCMP initially responded to a report of gunshots when they encountered the man.A second man is also in hospital for treatment to non-life threatening injuries related to the incident, RCMP said.More details are expected at a press conference later this afternoon.last_img


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Medical marijuana firm Canopy Growth launches Latin American subsidiary

first_imgSMITHS FALLS, Ont. – Canopy Growth Corp. has launched a Latin American subsidiary and acquired a Colombian medical marijuana company.The Canadian licensed medical marijuana producer says it has issued nearly 1.2 million shares it valued at about $45.7 million to acquire Spectrum Cannabis Colombia, which previously operated as Colombian Cannabis.Canopy also says it will make four payments of up to 524,576 shares it valued at about $20 million each on the satisfaction of certain milestones.Canopy LATAM Corp., the company’s new Latin American affiliate, will be led by Antonio Droghetti.Under the deal, Canopy will also issue 595,184 shares valued at about $24.5 million to the shareholders of Canindica, a company controlled by Droghetti. Canindica shareholders may also receive four additional milestone payments valued at about $12.2 million to be paid in shares.Canopy has also agreed to make an additional payment on July 4, 2023, to those who have completed all of their milestones by that date.Companies in this story: (TSX:WEED)last_img read more


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Insider QA Zero Motorcycles CEO on tax credits rivals

first_imgSam Paschel is the CEO of Zero Motorcycles Inc., a privately-held company based in Scotts Valley, California, that designs and makes electric motorcycles and powertrains, including fleet vehicles for police and the military. The company was started in 2006 by Neal Saiki, a former NASA engineer.The Q&A has been edited for clarity and length.__Q: How has your industry changed over the last decade or so?A: Zero is driven by two separate dynamics: the trends in the electric vehicle space and those in the traditional motorcycle market.In the traditional motorcycle market, overall volume peaked most recently in 2007. After the financial collapse of 2008, the market has seen a slow and steady climb but still hasn’t returned to pre-recession levels.The electric vehicle market has seen explosive growth driven by improvements in technology, infrastructure investment and rapidly growing acceptance of electric vehicles generally. We are very fortunate that our business has consistently followed the trends in the electric vehicle space and hasn’t been limited by slower growth in the motorcycle market.Q: How much attention do you pay to your competition?A: We’re a challenger brand with a disruptive product. We look at the competition in an effort to understand the areas where we need to conform to industry practices and standards to connect with consumers, and where we can break from convention to meet consumers’ needs most effectively.Q: You testified before a U.S. House committee to make the case for extending consumer tax credits for two- and three-wheel plug-in vehicles. You said it was a critical time in your company’s development and for an emerging American industry. Can you explain?A: Zero is just winding down the best year in its history. We’ve seen incredible growth because of the support from our dealers and the years of work we have put into perfecting our motorcycles and our powertrain. The electric motorcycle market is now international and competition is heating up. Several of our key competitors are located in countries in the European Union and around the world with more progressive tax policies for two- and three-wheel electric vehicles.We can make those vehicles one of the next great homegrown industries. But without that same tax-credit support here at home, where most of our volume historically is located, we run the risk of wasting our head start.Q: How did the lack of a tax-credit extension affect the company and sales? Are motorcycle buyers sensitive to tax credits?A: We’ve seen a strong link between the presence or absence of tax credits and the pace of growth both domestically and in international markets. As tax credits become available for electric vehicles, our sales consistently and dramatically outperform years in which those same credits were absent.Marcy Gordon, The Associated Presslast_img read more


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As Manmohan retires from RS his political fate hangs in balance

first_imgNew Delhi: Immediately after the formation of newly elected government at the centre, former Prime Minister Dr Manmohon Singh will retire from Rajya Sabha along with another Congress member Santiuse Kujur from the state of Assam.But the question of re-nomination for both them is almost ruled out as the Congress party does not have enough strength to reelect them. Both Dr Singh and Kujur will retire on 16th June of this year. Next, in the month of July, another six members will also retire from the house of elders. All of them were elected from Tamil Nadu. Also Read – 2019 most peaceful festive season for J&K: Jitendra SinghThe Congress party does not have enough legislatures in Tamil Nadu to get elected anyone. In this circumstance, the political fate of former Prime Minister is hanging in the balance, sources said. Immediately, there will not be any vacancy from other states. In this circumstance, consecutive five-time elected Dr Singh will be out of the Parliament. It’s not clear whether Dr Singh will prefer to keep himself away from the active role as a parliamentarian. Also Read – Personal life needs to be respected: Cong on reports of Rahul’s visit abroadDuring the course of seat negotiations in Bihar, apparently, BJP had promised to accommodate Union Minister Ramvilas Paswan in Rajya Sabha from Assam. Paswan himself announced this decision in a press conference in Delhi recently. And for that reason, he opted out from contesting in the Lok Sabha poll. But Paswan’s nomination from Asaam appears doubtful as state BJP raised a red flag to accommodate anyone outside the state. Sources close to Chief Minister Sarbananda Sonwal did confirm that BJP president Amit Shah had a discussion with a local party for ensuing RS election. But Paswan’s name was never figured in the discussion. BJP does not want to discuss this issue before the Lok Sabha poll as it might affect ongoing election process, especially in Bihar where ruling NDA has a lot of stakes. Presently in Assam legislative assembly BJP has a strength of 61 members and they have an alliance with AGP which has 14 MLAs and Bodoland People’s Front with 14 MLAs. Congress has only 25 MLAs and they form an understanding with All India Democratic Front, a party of minorities, which has 13 MLAs. By simple arithmetic BJP can wrests both the seats from Congress easily. BJP has already given an assurance to AGP to accommodate one of their members in Rajya Sabha. And second seat from their own. Earlier, once Congress party accommodated Sanjay Sing of UP in Assam which created a lot of dissension within the party. BJP does not want to repeat that exercise. These days sentiments against “outsiders” are running high. In this circumstance, nomination for Paswan will face a lot of opposition in the state.last_img read more


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Bucks comfortable with Bauserman as backup

Bauserman entered into the pros before playing at OSU, not for football, but as a minor league baseball player for the Pittsburgh Pirates.  It’s been three years since the backup quarterback walked on for the Buckeyes, and he still feels content about switching sports. “I miss the game,” Bauserman said. “But I certainly don’t miss the business.” Before he ever played at the professional or collegiate level, Bauserman was making waves in both Virginia and Florida, where he played high school ball. He made all-state for both football and baseball, and was verbally committed to OSU before choosing baseball as his destination after high school. Since Bauserman left the minor leagues and returned to his college of choice, he has moved from zero playing time to third string and finally to his current position as backup quarterback to Terrelle Pryor.  His improvement is something that quarterback coach Nick Siciliano has certainly taken note of. “He’s been trying to get better consistently,” Siciliano said. “It always gets better when you’ve played two sports and you’ve been doing it so long; things get clearer for you. It’s just a case of him getting better and better at his craft.” In the past three years, Bauserman has also noticed a change in his game.  Unlike other players at Ohio State, Joe Bauserman didn’t head into the college football scene right after high school. Instead, he skipped a step. “I’ve gotten better at the whole running thing,” Bauserman said. “Now I know if you get four yards, you get four yards. You don’t try running around for 15 yards wasting time.” “My overall consistency is better as well,” he said. “I’ve been making the right reads, taking what I can get. It’s the little things.” Despite not having the starting job, Bauserman continues to battle against the other quarterbacks during practice, trying to prove himself in every aspect of his game. “I feel strongly about the way I perform in practice nine times out of 10,” he said. “I just jump in and take it as it comes. I’m always coming in competing and trying to beat the next guy.” As a backup, Bauserman usually doesn’t see time until the fourth quarter of a game that has already been decided. For him, taking over for Pryor at the end of games is bittersweet. “It’s a good feeling, getting in there, but it’s hard,” Bauserman said. “You’ve been standing there on your feet for two hours, and then you have to go get warmed up.” Some players might get restless spending their time as a backup, but Bauserman is just trying to make the most of his experience at OSU both on and off the field. “It’s just another year under my belt. Any time you can get more experience, it helps you out,” he said. “Everybody’s just trying to get out of college, but I’m just trying to sit back and enjoy the time I’ve got left.” read more