Manhattan and Brooklyn renters sign leases in record numbers

first_img Share via Shortlink Full Name* Douglas EllimanRental MarketResidential Real Estate Tags Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinkcenter_img Manhattan and Brooklyn renters sign leases in record numbers. (Getty) The surge in rental activity that defined the Manhattan and Brooklyn markets at the end of 2020 has continued in the new year — and so has the trend of tumbling rents.According to Douglas Elliman’s latest report, January was unusually active in both boroughs, with the most number of new leases signed for that month in 13 years. Real estate appraiser Jonathan Miller, who authors the report, said January was the fourth straight month that new lease signings reached their highest level since the 2008 crisis.There were 6,255 new leases signed in Manhattan, compared to 3,969 a year prior — a nearly 58 percent increase. The number of new leases isn’t the only thing that was up: There was a 170 percent increase in inventory year-over-year, with 12,447 available units versus 4,610 in 2020. And while the vacancy rate has been slowly decreasing from November’s record of over 6 percent, it remains stubbornly high, at 5.33 percent.Rents, however, were down year-over-year: The median rent in Manhattan was an even $3,000, compared to $3,595 in 2020.The story is similar in Brooklyn: There were 1,546 new leases signed, a nearly 46 percent increase from the 1,060 inked the previous year. And 3,623 apartments were available, compared to 1,456 in January 2020. But the median rent was down, from $2,987 last year to $2,600 last month.Where the boroughs diverged was concessions: In Manhattan, landlords are offering more than they did at the beginning of 2020, with 46.5 percent of all signed leases including some sort of perk for the renter. The average concession was about 2.3 months of free rent.But in Brooklyn, about 40 percent of all new leases came with a concession — a dip from January 2020, when 43 percent came with a perk. The average concession in the borough was 2.1 free months of rent.The number of leases with concessions was even higher in Queens, where close to 58 percent of all new leases had some kind of perk. In the northwestern part of that borough, the median rent was $2,471, a 17 percent decrease from the same period in 2020. But the number of new leases signed also decreased, if only slightly: 294 were inked last month compared to 308 at the same time last year.Amy Plitt Message* Email Address*last_img read more

Geothermal heat flux reveals the Iceland hotspot track underneath Greenland

first_imgCurie depths beneath Greenland are revealed by spectral analysis of data from the World Digital Magnetic Anomaly Map 2. A thermal model of the lithosphere then provides a corresponding geothermal heat flux map. This new map exhibits significantly higher frequency but lower amplitude variation than earlier heat flux maps, and provides an important boundary condition for numerical ice‐sheet models and interpretation of borehole temperature profiles. In addition, it reveals new geologically significant features. Notably, we identify a prominent quasi‐linear elevated geothermal heat flux anomaly running northwest‐southeast across Greenland. We interpret this feature to be the relic of the passage of the Iceland hotspot from 80 to 50 Ma. The expected partial melting of the lithosphere and magmatic underplating or intrusion into the lower crust is compatible with models of observed satellite gravity data and recent seismic observations. Our geological interpretation has potentially significant implications for the geodynamic evolution of Greenland.last_img read more

The award winners

first_imgHome » News » The award winners previous nextThe award winnersCOMMUNITY CHAMPION OF THE YEAR9th January 20130642 Views WINNER Debbie Fortune Estate Agents, Mark HaywardHad you entered The Negotiator Awards before?Yes we entered and won New Estate Agent of the Year 2010. We started in 2009 at the bottom of the market so were thrilled to become best new agent nationally in our second year.What made you decide to enter?We used our 2010 award extensively in our advertising and as a new company it really helped us to gain instructions and market share as it differentiated us from the competition.How long did it take to complete your entry?It took us two to three weeks on and off to get it complete, then we decided to enter two more as the deadline was extended.Were you ‘confident’ – or even ‘sure’ that you would win – or was it a complete surprise?We are a little single office only three years old, up against a lot of big agents with more experience and more resources so we did not think we had much of a chance. However a small office can be more flexible and in the end it is down to shear enthusiasm which we hope we put over to the judges.“We used our 2010 Award extensively in our advertising and it really helped us gain instructions.” Mark Hayward Debbie Fortune Estate AgentsWhat were your feelings on the night when your name was announced as a winner?We were the fi rst up! To beat some big boys like Marsh and Parsons felt fantastic and to be runner up on Best Agent in the 1-2 office category gives us the recognition we must be doing something right.How did your staff react to the news?Another award-yawn. Not exactly, we were texting them during the ceremony everyone was so excited they all want to come to London next year.Have you issued a press release about your success this year?Of course the same week and it has been published with photos.Have you incorporated your ‘win’ into your marketing materials?Yes on newspaper straplines.What benefits do you believe the accolade will bring you?Shows we care about our community and supporting it. We do put back what we get out.Would you recommend other agents to enter The Negotiator Awards?No, because we do not want any more competition.  January 9, 2013The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more

USS William P. Lawrence Conducts Burial at Sea

first_img View post tag: sea June 29, 2015 View post tag: Naval View post tag: americas Authorities USS William P. Lawrence Conducts Burial at Sea View post tag: Navy View post tag: USS William P. Lawrence View post tag: Burial Back to overview,Home naval-today USS William P. Lawrence Conducts Burial at Sea View post tag: News by topic Share this article The officers and crew of the guided-missile destroyer USS William P. Lawrence (DDG 110) took part in a burial at sea ceremony on the ship’s fantail to honor veterans, June 21.The services were conducted by Cmdr. Brandon Burkett, William P. Lawrence’s executive officer, and the committal and benediction were given by Lt. Russ Hamilton, the command chaplain. An honor platoon of 10 Sailors in dress white uniforms stood in ranks on the ship’s flight deck to honor the deceased.During the Sunday morning ceremony, the ashes of 10 veterans were committed to the sea. The traditional three-volley salute was given by the ship’s honor guard, and heralded each burial. Taps played at the end of the service.William P. Lawrence is currently preparing for and conducting local operations off the coast of southern California as part of the John C. Stennis Carrier Strike Group.Image: US Navylast_img read more

In my world

first_imgIf even one, tiny, undeclared enzyme in your body is interested in the future of bread and baking, then your internal buzzer will be going off. This alarm trills louder and louder until answers are found. At the end of last year, I attended the first Rise of Real Bread Conference. A veritable fermenta levain of well-cultured interested parties assembled, a throng of approximately 150 souls, each having parted with £38 or at the very least a whole Saturday, to consider the future of bread.As I travelled from the steep-sided valley of my home to Oxford, I considered the potential benefits of a British Baker press pass and surmised that, at best, the hay bales for sitting on would have had the thistles removed.There was much talk of stalks, ancient grains, medieval thatches and soil. Real bread has risen to meet the needs of increasing numbers unable to eat commercial bread: those looking for an alternative to bread that has been made with modern wheat and is significantly nutritionally depleted or has been depleted so much by high extraction milling that, by law, fortification is needed those loaves robbed of benefit by massively shortened fermentation.As an industry, we have a propensity to pander to the absurd gratification of a misguided eye. Coeliacs are among those who pay the high price of cheap bread and this is only the tip of a gross food mountain. As a society we should be focusing on improving bread for its natural health-giving qualities and taste, rather than using it as we do for mass medication through fortification.If you were to provoke me into putting it into a wet walnut shell, I would lean out of my agro-forestry tree and exclaim… “There is strength in diversity!” To feed all the people that are ever to live in the world, to the highest nutritious and gastronomic standard, we need to sever the strings that bind us to the economic dogma of the agrochemical industry and their graph-sucking numpties who perpetuate this destructive, centralising, monoculturesque unsustainable bleak reality. We must stop dancing to their prattler rave and claim back the land to husbandry and the kind of farming that is truly sustainable. One salient claim made at the conference was that 10 times the number of farmers will be needed in this country to fulfil the visionary prophecy.I’ll expand on this event in a future issue of BB. As a sneak preview, one of my highlights and belly laugh of the day went to Andrew Whitley’s anecdote of a three-month-old ’good as new’ crustless loaf, which was eventually spoiled by a mouse that mostly ate the plastic wrapper!last_img read more

Baking industry mourns death of marketing expert Alan Gordon

first_imgAlan Gordon, the well-known PR and marketing expert, who launched his own agency, Merlin Publicity, has died of a cardiac arrest.Bakels MD Paul Morrow said: “Alan was a ‘behind the scenes’ operator so few will be aware of his influence on the baking industry over the past 30 years.“I first met him when he launched Baking Update magazine in the late 1980s.  In that role he introduced the Baking Industry Awards, which will be his lasting legacy.“When he decided to set up his own business I was one of his first clients.  He taught me, and subsequent marketing managers now half his age, the difference between PR and advertising.  PR is very much about communicating with people and Alan’s expertise was to define ‘the message’ and then communicate it effectively.”Morrow added: “He also taught me to ask myself the ‘so what?’ question.  If, after making an enthusiastic presentation on some great new product, the audience says ‘so what?’ either the product or message is wrong and you had better think again.“Alan will be irreplaceable to his family, his friends and the colleagues who relied so much upon his advice.”David Marsh, managing director Benier (UK), said: “We have worked with Alan for over 20 years. He was a constant, someone who was always there to help us. A true gentleman, Alan was ever considerate of others. It was always a pleasure when he visited us for our Friday morning meetings to consider future publicity and/or advertising. His advice eagerly sought and highly valued.It was deeply saddening to hear he had been taken from us and, more importantly, his nearest and dearest to whom we extend our most heartfelt condolences.”Former editor of British Baker, Sylvia Macdonald, said: “Alan was exceptional, the best PR and marketing person in the business. He knew the industry inside out having worked as a journalist on British Baker, then the former Baking Today and Baking Update magazines, before launching his own agency. He was very conscientious, hard-working and effective, but he was also a lovely person whose kindness and good manners were always to the fore.”He leaves a wife, Sue, and two daughters. The funeral will be held on Monday, 3 October at 11am at Eltham Crematorium in Falconwood, South London.Any donations should go to The British Heart Foundation (BHF). For online giving, a live link will set up to the BHF, shortly.last_img read more

Race Relations week focuses on intersectionality

first_imgStudent government held their annual Race Relations week from Oct. 12-15 featuring multiple talks, a resource fair and a prayer service at the Grotto.Kaya Lawrence, senior, is the director of diversity and inclusion in Student Government. Responsible for planning the week, she said she wanted to focus on Black liberation, intersectionality and the passion surrounding the Black Lives Matter movement this summer.Lawrence intentionally chose to host Race Relations last week because it began on Indigenous People’s Day, she said. It also lined up with McWell’s Restoration week and the 27th Annual Hesburgh Lecture, which featured Angela Davis. Lawrence said she planned the week to fit with each of these other events.“Monday was Indigenous People’s Day, and we wanted to bring recognition to that,” she said. “We also wanted to plan a presentation on racial battle fatigue, which we felt was a good intersection between Race Relations week and Restoration week. Tuesday, Angela Davis was the annual Hesburgh lecturer, and, well, Angela Davis is always relevant, so we let her be a part of that as well.”On Monday’s talk, which discussed repairing relations between Notre Dame and the Potawatomi tribe, and Tuesday’s lecture on racial battle fatigue were both held over Zoom. Wednesday’s small group session on the Black Lives Matter movement was socially distanced in the LaFortune Ballroom. Thursday’s resource fair was also in-person, but outside, and the prayer service for unity on Friday was in-person and accessible through live stream.Sarah Galbenski, senior and student body vice president, said that student government wanted to host both in-person and virtual events, so that events could be meaningful without excluding anyone who feels uncomfortable gathering in person, or anyone in quarantine or isolation.“We wanted to be cognizant of including people who may not feel comfortable going to an in-person event or were in quarantine or isolation and still wanted to participate,” Galbenski said. “I think we struck a good balance — we’ve really learned about adaptability this semester and tried to get a good blend of in person and virtual events for this week.”The co-directors of student life in student government played a large role in planning Thursday’s event. Senior Izzy Edgar, and junior Ian Baker planned a resource fair where different clubs on campus, including the Black Students Association, the Asian American Association and the Latino Student Alliance could hand out information and educational resources.Other clubs, like PrismND and Access-Able, had tables to discuss intersectionality between issues regarding race and sexual orientation and ability, Edgar said. The fair also had food from Black-owned South Bend restaurants and a book raffle.“I think we were most pleased with the Dismantling Racism resources fair because the club fair couldn’t happen in-person this year,” Galbenski said. “So all these groups hadn’t had a chance to be together and advertise what they do and attract new members and talk about the importance of their mission. So we were pleased to have a mini club fair for clubs that put diversity and inclusion at the forefront.”Lawrence said she headed into the week with high expectations and came out impressed with campus engagement.“Going into the week, I was really excited, because I had spent so long planning everything,” she said. “I would say that I am really happy with all of the conversations that were had across campus, especially given the limitations of COVID. I think that we were still able to have an impact on campus, and encourage our students, faculty and staff to engage in those difficult conversations.”Tags: intersectionality, Race Relations Week, Student governmentlast_img read more

Anna K. Jacobs Receives the 2016 Billie Burke Ziegfeld Award

first_img The Ziegfeld Club, a non-profit dedicated to helping women in the theater community, awarded composer and lyricist Anna K. Jacobs the 2016 Billie Burke Ziegfeld Award on November 7. Distributed by last year’s recipient, composer Masi Asare, the prize provides a grant of $10,000 and a year of professional mentorship from luminaries, including Academy Award winner Kristen Anderson-Lopez and Tony-winning producer Barbara Whitman. In addition, teacher Cecilia Smith won the first Liz Swados Inspiration Grant; The Cherry Orchard star and Academy Award nominee Diane Lane collaborated with the Ziegfeld Club to create the grant for female educators invested in music. Take a look at our hot shots of the ladies continuing Billie Burke Ziegfeld’s legacy, including Asare, Smith and Jacobs (above) and Roz Lichter, Lane, Ziegfeld Club Executive Director Laurie Sanderson and Eleanor Lambert (below). Diane Lane Masi Asare, Cecilia Smith & Anna K. Jacobs(Photo: Emilio Madrid-Kuser) View Comments Star Fileslast_img read more

Champlain College faculty writers earn recognition

first_imgChamplain College’s Dr. Nancy Nahra has learned seven of her poems will be published in the March/April issue of the North American Review, a prestigious literary journal founded in Boston in 1815. Nahra teaches humanities courses at Champlain and directs the Honors Program.Dr. David Whitmore, director of the Global Networks and Telecommunications degree program at Champlain College, contributed a chapter to the newly published Internet Encyclopedia, released in December by Wiley publishers. Whitmore wrote about multiplexing, an electronic technique for combining multiple digital signals on one medium, such as fiber optic cable.In addition, a biography of Alexander Hamilton written by Willard Sterne Randall, Historical Scholar in Residence at Champlain College, has been named the Best Book of the Year 2003 by the American Revolution Round Table in Philadelphia. This national award comes on the heels of a nomination for a Pulitzer Prize for the biography, which is called Alexander Hamilton: A Life.# # #last_img read more

Chris Dutton named VELCO president and CEO

first_imgVermont Electric Power Company (Velco),Christopher L Dutton was named president and chief executive officer of Vermont Electric Power Company this morning following a vote by Vermont Electric Power Company s board of directors. Chris Dutton brings a wealth of Vermont utility CEO experience, is recognized across the state as an innovative and thoughtful leader, and is the perfect person to lead VELCO into its next stages of development, said Robert Clarke, Chairman of the VELCO Board. I am very gratified by the unanimous support from the VELCO Board of Directors and I look forward to working with a great team of VELCO associates for the benefit of Vermont , said Dutton upon his selection. He noted that, VELCO plays a unique role in our state. In addition to ensuring high-quality grid reliability, the company is working with our distribution utility owners to implement a statewide smart grid and helping Vermont realize its broadband connectivity goals. Soruce: VELCO. April 12, 2010. www.velco.com(link is external) Dutton served as President and Chief Executive Officer of Green Mountain Power from 1997-2008; after having held various management positions within GMP. Mr. Dutton practiced law as a partner in a Canton, Ohio law firm before coming to Green Mountain in 1984. He earned his law degree from Vanderbilt University and his undergraduate degree from Ohio Wesleyan University. He practiced law in Tennessee, Ohio and Vermont and served as a captain in the Judge Advocate General Corps of the United States Air Force. He serves as a member of the Vermont Law School Board of Trustees.center_img Dutton, 61, assumes the position effective immediately and succeeds John J. Donleavy who resigned April 10th. VELCO is the state s provider of electric transmission service. Dutton has served on the VELCO Board of Directors since 1997. He has also served as Chair of the Vermont Telecommunications Authority Board, Chair of the Chittenden South Supervisory School District, Chair of the Fletcher Allen Health Care Board of Trustees, a member of the Green Mountain Power Board of Directors, a member of the Champlain Valley Union High School Board of Directors, the Regional Technical Academy Committee and as a director of the Chittenden County United Way and the Flynn Center for the Performing Arts. He and his wife live in Shelburne and have two adult children.  # Endlast_img read more