Posts in Category: Business

Upcoming Large Property Developments in New York

Tishman Spenser has filed permits for what is scheduled to be the largest project in New York City this year. The office building will house One and Three Gotham Center, which will be adjacent to the Two Gotham Center that is owned by H&R Real Estate Investment Trust. Tishman intends the project to cover just under 1 million sq ft in Long Island City. On the site where the Revere Sugar Refinery once was, Thor Equities plans to put up the second biggest project in NYC. The 645,013 sq ft building will house five stories of office space. Third on the list of the ten largest real estate projects in NYC will be on 2 Flushing Avenue, covering 248, 489 sq ft. Wegman grocery store will use about a third of the space, and the rest will be for industrial use.

A 150, 431 square-foot rental in Downtown Brooklyn by Delshah Capital makes it number four on the list. The 154-unit Omni New York plan by Vaughn and Eugene Schneur is fifth largest. Next is an Artimus development of a mixed income rental of 18 floors. At number seven is Hidrock Realty’s 31-stroy hotel in Midtown East followed by a 77,228 sq ft office building by F&T Group. The last two are Quality Capital’s 14-story office space in Greenwich Village and a 17-stsory project in Midtown by Boris Aranova.

TOWN Residential is a relatively new player in the market of NYC luxury apartments for rent, but the upmarket real estate firm has carved a niche in the luxury property market. Whether looking to rent, buy, or sell. The real estate agency has the professionals to walk clients through the processes. TOWN Residential is renowned for providing first class listing options. Besides that, the agency offers useful resources- ranging from market reports to guides to relocation services. They can be found on its website for buyers, sellers, and renters.

Finding property in neighborhoods such as Tribeca, Fifth Avenue, and Upper West Side can be daunting without the necessary expertise. TOWN Residential has professionals with industry knowledge that simplify the whole process. With Andrew Hieberger at the helm, TOWN Residential continues to provide unparalleled services, which make it a significant player in the NY luxury real estate sector.

Securus Continues to be a Leader with Integrity

Securus has always attempted to demonstrate the highest levels of integrity in the industry of in the field of criminal justice technology solutions. They recently announced they will be publicly highlighting additional reports from the company GTL in order to to possibly make them behave with more integrity.

This is to be the first in a series of articles that will highlight some of the wrongdoing that GTL has administered. They will help the public by making them aware of some of the many integrity breaches GTL has done.

I love our industry – serving law enforcement, corrections, inmates, friends/family members, and all of society,” said Richard A. (“Rick”) Smith, Chief Executive Officer of Securus Technologies. “It offends me and our entire industry when a carrier stoops well below the integrity bar that most other carriers have – but GTL does not. Our business’ mission is a lot more than making money. It is to serve all of our customers with their best interests at heart – in the right way.”

The company plans to issue a number of press releases over the next six months that will document some of the abuses GTL did. They will also look at some of the cases brought before the Louisiana Public Service Commission as well, including the following:

  • Their policy of advancing the clock, which was deemed to be unethical and unlawful;
  • Artifiicallly inflating charges to customers;
  • And they engaged in a practice of billing a call more than once, and this was unauthorized.

Granted, the order by the PSC was dated from January 1998, so that is quite a long time ago. However, according to Securus the potential for wrongdoing continues, so they will still be making their case that Global Tel Link (GTL) should be more accountable for their actions.

Hedge Fund Investor Kyle Bass Thinks The U.S. Economy Might Be In Recession Mode By The End Of 2016

Kyle Bass, the former Wall Street executive, turned financial prophet never misses an opportunity to talk about investing and any other topic that is brought up by the media. Bass is known for his unusual style and his provocative relationships with foreign heads of state and unsavory investment partners. Bass and his hedge fund firm, Hayman Capital, have made an extraordinary amount of money over the last eight years, but it seems the money tree may not be bearing as much fruit as it did eight years ago.

Bass made a name for himself in the investment industry when he accurately predicted the implosion of the subprime mortgage game. Bass, left his position at Bear Stearns in 2006 and started Hayman Capital in order to bet against the company he worked for as well as for the industry that made him. Bass made a fortune when the market crashed in 2008, and his investment firm became the talk of the industry. Bass liked the attention, and he became one of the men in the hedge fund industry that people wanted to follow. But Bass is not the type of guy that plays by the book, according to some of those followers.

Bass found himself on the hot seat when he back Argentina’s former President Cristina Fernández de Kirchner when she defaulted on $95 billion in bonds. Several hedge funds were caught in that debacle and rather than siding with Paul Singer and other hedge fund managers, Bass took de Kirchner’s side.

The list of Bass blunders keeps growing. Chris Kyle’s widow is claiming Hayman Capital is unethical, and that notion is filtering around the pharmaceutical industry as well. Bass is shorting drug stocks before the news that they are being investigated for overcharging the public for certain medications. Kyle’s friend Erich Spangenberg is the guy that brings up the charges and Bass acts when he gets a signal from Spangenberg. Ethics seems to be a vacillating term with Bass these days, but he is still talking, and some folks are still listening.

Shaygan Kheradpir takes over as new Coriant CEO and Chairman

 

Former Juniper Networks CEO Shygan Kheradpir has taken over as the new CEO and Chairman of optical technology giant Coriant. Coriant is an optical vendor with more than $1billion in annual revenues and about 500 customers. Shaygan will also succeed Pat DiPietro as the board chairman at Coriant. Mr Pat is making a comeback as an Operating Partner at Coriant’s owner, Marlin Equality Partners – the company that helped stitched up Coriant. In some ways, DiPietro and Shaygan will be swapping seats as Shaygan was recently working as an operating partner at Marlin as well. The Electrical Engineering PhD holder from Cornell University brings in an experience of over 28 years in executive leadership across technology, telecom and financial services to Coriant.
Shaygan Kheradpir grew up and lived in Sillicon Valley, an area famously known for kids dropping out of school especially at the college level to start businesses. However, Shaygan took a different path and finished school eventually earning a PhD in Electrical Engineering. Shaygan began his executive carrier as an executive with GTE Corp. He then moved to Verizon Communications as the executive vice president and chief information officer of the company. At Verizon, Shaygan was a key figure in helping the communication giant roll out its FiOS FTTH services, a program which demanded an inclusion of a capital investment of over $20 billion. After working as the Verizon CIO, Shaygan moved to Barclays PLC as the Chief Operations and Technology Officer. Previously, Shaygan was the CEO of Juniper Networks.
Coriant, an optical vender that was created out of the combination of Tellabs, Nokia Siemens Networks (MSN) Optical Networks and Sycamore Networks, is facing a lot of challengers from competitors such as Cisco, Alacaterl-Lucent, Ciena and Infinera. Shaygan will be faced with an uphill task of surging the company’s revenues with a reported decline in 2014 revenues as compared to growth recorded by most of its competitors.
As the new CEO, his key tasks will be to drive new and more sales to Coriant’s equipment. There has been a huge demand for service providers such as Coriant to deliver 100G to multi-terabit coherent metro and long haul transport systems. This is besides demands in mobile backhaul upgrades in the new 4G and upcoming 5G deployments. He has the advantage of stepping in a predecessor’s shoes who had led the company in winning lucrative deals with international carriers such as Australia’s NBN, China Unicom, NBN and Telia Sonera International Carrier (TSIC).
According to LightReading.com, DiPietro is quoted as saying that Coriant is honoured to welcome Shaygan as the new Coriant CEO. The article further quotes DiPietro acknowledging Shaygan’s vast strategic insight and guidance as an invaluable employee from his role as a partner at Marlin. Another plus on Shaygan is that he has previously been working as an Operating Partner at Marlin Equity Partners. Working closely with the senior management team at Coriant means he will not be walking to the vendor blindly.

Read more at http://www.lightreading.com/optical/packet-optical/kheradpirs-coriant-comeback/a/d-id/718548

Breaking Through the Wikipedia Business Pages to Drive Traffic and Infer Expertise

 

When it comes to trying to get published on Wikipedia in general, there seems to be a rising idea that everyone wants to get there. The idea of being on Wikipedia went from being a “fun source” a little more than a decade ago to being a “credible location for data” in recent years. The key to making Wikipedia page, however, is that while it is certainly a powerful marketing tool for any given organization it is also a very protected marketing tool that many businesses cannot break through the barriers put up by the Wikipedia publishers.

The key to making it into Wikipedia for a business in the very first place is understanding that Wikipedia has become somewhat more difficult to even break into. On the one hand the Wikipedia editors who are high ranking and have authority are a little bit bureaucratic so it can be hard to even put a post down that they will allow. And then on the other hand you have to be aware of how to even use the system when it comes to adding information and posting it in the first place.

If you had the chance to read Science Alert, you can see an article that summarizes the conundrum. On the one hand Wikipedia is about posting significant information as a resource to share, and on the other hand they make it so hard to actually get the information that people want on there. The short answer is that while Wikipedia is a great source, you are going to find that it can be extremely difficult to get into in the first place.

When it comes to actually getting your Wikipedia page for company, the key isn’t to try and go it all alone and hope you can sneak past the Wikipedia guards. What you want to do is talk to the professionals who actually get your content published and have it stay there on Wikipedia as well. One of the top organizations that has been known to have significant amounts of success with Wikipedia publishing is Get Your Wiki, simply because they have been doing campaigns to get information on Wikipedia (and to keep it there) now for years.

If you are looking for realistic and legitimate options on increasing your web presence, check out Wikipedia. And, if you want to  know how to get on Wikipedia, then look into what Get Your Wiki is able to do with respect to their success rate.

Sanjay Shah Shows How Autism Rocks Works

Sanjay Shah is actually responsible for the amazing work at Autism Rocks and Solo Capital. He started Solo Capital all by himself, and he is running Autism Rocks by doing a lot of the groundwork it takes to get the celebrities onboard. There are a lot of people who come to his concerts for Autism Rocks, but not everyone knows what a great idea it is.

The concerts are events that feature a lot of the most popular people in the world, and they are held in private places where all the people who come get to be pretty up close and personal with the people who are performing. A private performance is a good time for everyone, and it is exciting because all the people who are there are able to meet the artists after the show is over.

All the people who are at these events are able to write a check to a charity, and that money goes to making sure that Autism Rocks can fund more research. The same principles of customer service are used at Solo Capital, and it is the perfect place for people to come when they need to make sure that they have made the right investments. Mr. Shah started by himself, and his company gives boutique advice to everyone who works with him.

Solo Capital actually manages the money that comes in to Autism Rocks, and the company is making sure that people get the service they need when they need it. A lot of people who are investing are not sure how they will make the next right decision, and there are many people who can ask Solo Capital to set up their investment accounts for them. This is a much simpler way of doing business, and it is a very safe way for people to invest. Mr. Shah is very concerned with customer service, and he wants to see that people are going to be comfortable with the service that they get. They can make money from their investments, or they can just get their questions answered by a professional like Mr. Shah.

 

Organo Gold’s Creation of a Healthy Product

Coffee is a popular product that has been consumed for thousands of years. The product of coffee comes from grinding together beans that are then combined with hot water to create a bitter yet satisfying taste. With today’s technology, coffee can now be manipulated in such a way to be consumed in multiple different temperatures, flavors, as well as textures. Coffee can now be enjoyed as a delicious treat during the hot temperatures of the summer or be enjoyed as a welcomed hot beverage during the cold mornings in the winter. With the exponential growth in coffee, new niches are being formed including the niche of promoting a coffee that encourages healthy living.

One coffee in particular that has been encouraging healthy living is that of Organo Gold. Organo Gold was founded in 2008 by Bernardo Chua who is a Filipino businessman. Bernardo Chua started Organo Gold on the premise of creating a new brand of coffee that would be both delicious as well as promote the importance of healthy living. Bernardo Chua has extensive knowledge of the business industry and has extensive experience within the multilevel marketing industry. Within his knowledge and experience, Mr. Chua has created a new brand that not only provides delicious products, but also provides relief to any particular ailment. Bernardo Chua created this company on the premise of a secret ingredient that has never before been used in Western culture.

This secret ingredient is called Ganoderma which is a wood-like fungus that has been used in Eastern medicine for thousands of years. Ganoderma is now used by Bernardo Chua to promote healthy living as well as a delicious cup of coffee. One of the biggest improvements that Ganoderma plays a large role in is the promotion of weight loss. Ganoderma increases the levels of oxygen within the body which in turn increases the amount of weight lost through a natural process. In addition to weight loss, Ganoderma also controls inflammation within the body, boosts the immune system, as well as detoxes the entire body.

The wood-like fungus of Ganoderma is transformed into a powdery substance through a natural process through lacks both chemicals or any added ingredient. The powdery substance is then added to a number of Organo Gold products such as Organo Gold’s gourmet coffee, assortment of tea, as well as Organo Gold’s hot chocolate. Thanks to  Bernardo Chua, there is now a healthy way of consuming coffee.  Bernardo’s official website has even more.

Assisted Living Is A Growing Trend For Seniors

There comes a time when an elderly person or couple can no longer safely live at home alone. When someone is not quite ready for a nursing home, but can no longer safely live at home, there is a nice option that can bridge this transition. Assisted living is a great answer for someone in this situation.

One of the biggest advantages of assisted living is that it allows elderly to maintain their independence and their dignity. They can live alone, with staff coming in to help with self-care as needed. Homemaker services are also available at most assisted living locations. This allows the elderly to be free from cleaning their floors, dusting, cleaning bathrooms, cleaning sinks, changing bed sheets and more.

Meals are also prepared at most assisted living facilities. This makes diet needs easy to manage for residents. It is important for seniors to maintain a well- balanced meal. Nutrition is important for certain medical conditions such as diabetes, and it also helps to maintain strength.

One example of a model assisted living is The Manse on Marsh. They offer studio and one bedroom units. Since their assisted living is part of a senior living community, they also offer homes and cottages next to their assisted living area. This allows seniors to be cared for at various stages of their life.

The Manse on March offers a range of activities at their facility. Many residents prefer a mediation technician dispense their daily medication so they don’t forget to take it. Reviews show that they also check in with each resident at least 5 times throughout the day; morning, meal times and evenings. Residents get great care at The Manse on March.

Assisted living is a popular option for many seniors, and finding the right place is important. It allows them to maintain their dignity in a safe environment. It is the number one alternative to a nursing home.  Follow the blog for more information.

Highland Capital Management’s Third Quarter Makes Gains and Takes Hits

Highland Capital Management’s portfolio has decreased from $4.19 billion to $3.43 billion according to the third quarter 2015 report. The Dallas-based company bought 69 new stocks and the market change dropped -30.81%. Despite the loss, Highland Capital was able to build the value of some of its recently acquired stocks. Highland also dumped several stocks including Envisions Healthcare Hldngs In (EHHI), McKesson Corp (MKC) and Laboratory Corp Amer Hldings (LCAH) to solidify its marketing position.

James “Jim” Dondero is the CEO and founder of Highland Capital Management. The hedge fund professional brings over 30 years of financial experience in equity markets. Dondero is considered one of the pioneers in the credit market with his development of Collateralized Loan Obligation (CLO) and other credit solutions. Throughout his career, Dondero has won numerous awards for financial excellence in equity funds management.

After graduating from the University of Virginia with a marketing degree, Jim went to work in the Morgan Guaranty training program followed by a short stint at Protective Life. He also worked at AUM and American Express before creating Highland Capital in 1993. Dondero currently serves as board chairman of Nexbank (NXB)and sits on the board of directors of MGM and Cornerstone Healthcare.

Highland Capital Management’s information technology sector has seen gains from 16% to 18%. The health and finance sectors were slashed by nearly 20% to concentrate on technology. Third quarter reports of 2015 show that American Arlns Group (AAG), Salesforce Com Inc (CRM) and Ishares tr (PUT) (TWM) proved to hold the reigning spots in Highland Capital’s portfolio. Although many of Highland Capital’s less profitable stocks were sold out completely, a strong list of stocks rose to the top ten ranking. A complete listing of Highland Capital’s holdings can be researched at the Texas hedge fund website.

This article was recapped from: http://www.octafinance.com/top-10-highland-capital-management-positions-in-q3-2015/323054/

FreedomPop to Sell Smart Phones at Discount

FreedomPop is moving into the phone distributing field with their latest announcement of reduced priced smart phones. The freemium MVNO announced that they will be selling discounted, refurbished phones until November 27th in order to bring in new subscribers to their company. Along with these discounted phones new subscribers will receive one free month of premium FreedomPop, as reported by RCR Wireless.

The two phones that FreedomPop will be selling for the Holiday season will be the Samsung Galaxy S4 and the Motorola E smartphone. The Galaxy S4 will be sold for just $100, a discount of over $350 from its sticker price. The Motorola E will be priced most competitively as it will be sold for just $40, a discount of almost $200 overall. These discounted phones are refurbs in pristine condition though they do not promise to be the latest models available. They’ll run on the premium FreedomPop plan for the first month (unlimited talk, text, and one gig of data) before reverting back to the standard plan that FreedomPop offers.

The decision to move into discounted phone sales makes complete sense for one of the nations most affordable mobile carriers available. We’ve seen FreedomPop continually push to expand their market outreach and this will definitely appeal to Holiday shoppers that are looking to get tuned into something affordable without sacrificing what they are used to. We’ve also seen FreedomPop move their company as a whole toward distributing hardware as the company announced a partnership with Intel.

Intel Capital paid an undisclosed amount to get in on the funding of FreedomPop and now the company is working on a WiFi priority smart phone. This smart phone will defer to WiFi at all times, only using mobile data as a last resort. The phone will be released through FreedomPop at some point in 2016 and it remains to be seen exactly what the specs and price point will be listed at. Knowing that FreedomPop is focused on saving money for the consumer we anticipate that it will be quite a bit cheaper than much of the competition.

FreedomPop has also begun a serious outward expansion toward other large marketplaces. A partnership with Axiata Group will have FreedomPop released in Asian markets at some point in 2016 all while they continue to grow over in the U.K. CEO Stephen Stokols has repeatedly shrugged off M&A rumors and appears well positioned to grow the company himself.