Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo Share whatsapp Tags: NULL CARLSBERG yesterday lifted its target for profits growth after reporting a 30 per cent rise in second-quarter profits and winning a bigger proportion of some of its main markets.The group said it expected net profits to surge an estimated 40 per cent this year – double the 20 per cent previously forecast.Carlsberg, which acquired Scottish & Newcastle in partnership with Heineken in 2008, said currency movements and market growth in Asia drove the upgrade.There was also growth in the UK where its market share in the first six months rose to 16.2 per cent, with improvement seen in both pubs and off-licences.Overall half-year operating profits rose by 12 per cent to 5bn Danish kronor (£550m). And pre-tax profits rose to 3.95bn kronor from 3.025bn kronor in the same period a year ago.Chief executive Jorgen Buhl Rasmussen said: “The group’s performance was strong for the first six months in spite of challenging consumer dynamics.”The improved outlook was helped by a recovery in demand in Russia – one of the firm’s key markets. The company said beer volumes fell in the first half due to significant price increases in Russia as a result of higher taxes.However, the drop was smaller than expected, Carlsberg said. Tuesday 17 August 2010 7:42 pm Show Comments ▼ whatsapp Carlsberg ups target as key markets rise KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof
Sunday 31 October 2010 11:19 pm BETFAIR’S chief executive warned in an interview yesterday the online gambling website could leave the UK over a row with the British Horseracing Authority (BHA) over the horse racing levy.David Yu told a Sunday newspaper the online gambling exchange, which listed on the London Stock Exchange last week, was “happy to be licensed and to pay sensible tax but if we don’t see movement we’d have to consider what’s right for the business over the long term.”Last month, City A.M. reported that Betfair had made a contingency plan that could see it move its operations offshore to avoid paying the levy if the government did not improve the regulatory regime for the industry. In the last couple of months two of Betfair’s biggest rivals, William Hill and Ladbrokes, have moved their online operations offshore where the horseracing levy doesn’t apply and where the gross profits tax, currently levied at 15 per cent, that all gambling firms are required to pay is also much lower. Betfair has said it feels it is being unfairly singled out by the BHA. The deadline for a decision on the size of the levy for the next year passed yesterday. whatsapp Betfair boss ups the ante by making UK quit threat public by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoverySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPuffer fish snaps a selfie with lucky divernypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULL Show Comments ▼ KCS-content whatsapp Share
Fear a second stock market crash? Here are 5 FTSE stocks I’d buy today G A Chester | Tuesday, 16th June, 2020 Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares G A Chester has no position in any of the shares mentioned. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Microsoft and Unilever. The Motley Fool UK has recommended Compass Group and recommends the following options: long January 2021 $85 calls on Microsoft and short January 2021 $115 calls on Microsoft. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. After a strong bounce from the lows of March, fears of a second stock market crash are naturally rife. However, nobody knows what’ll happen in the coming months. We could see another crash. Equally, markets could continue to recover.Here at the Motley Fool, we advocate investing through the market’s ups and downs. We think it is important to focus on the long-term prospects of the businesses you’re buying shares in. With this in mind, here are five FTSE stocks I’d be happy to buy today, whatever the coming weeks and months bring.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Protection against a second stock market crashI think it’s a good idea to have some protection against a second stock market crash. Historically, Personal Assets Trust and Capital Gearing Trust have done a great job of providing this. They’ve also delivered excellent long-term returns. Indeed, they rank at the top of my ‘stocks-for-all-seasons’ list.They both invest in a variety of lower-risk assets alongside equities. However, despite this similarity, I’d be happy to buy shares in both for enhanced diversification.Personal Assets favours investing in individual companies for its equity exposure. It owns attractive, high-quality businesses, like Microsoft, Nestlé, and Unilever.Capital Gearing leans more towards collective investments. These include index funds (the FTSE 100 and FTSE Japan are currently prominent), and investment companies trading at a discount to their underlying assets, giving a margin of safety.Personal Assets and Capital Gearing are proven performers in offering relative protection against stock market crashes. However, while keeping some cash in reserve to take advantage of opportunities in the event of a second market crash, I see a number of FTSE businesses I believe are highly attractive investment propositions for long-term investors at today’s prices.Beyond a second stock market crashWorld number-one caterer Compass, international transport group National Express, and Premier Inn-owner Whitbread have a number of things in common. For one, they operate in industries severely hit by the social and economic impacts of Covid-19. As a result, their share prices have been hammered.All three have raised substantial new equity since the stock market crash. I believe they have the financial strength to get through the Covid-19 crisis, even with a protracted recovery. Moreover, their fundraisings have given them the firepower to consolidate their market-leading positions at the expense of weaker competitors.Here’s what the companies had to say about their enhanced balance sheets:Compass: “Will allow us to weather the crisis whilst continuing to invest in the business to enhance our competitive advantages, support our long term growth prospects and further consolidate our position as the industry leader in food services”.National Express: “A source of differentiation and competitive advantage … It increases our ability to invest in further growth opportunities once this period has passed”.Whitbread: “Will enable the business to be in the best possible position to continue investing and taking market share in our fragmented sector when the current situation normalises”.Now even strongerIn my view, Compass, National Express, and Whitbread had excellent long-term growth prospects before the stock market crash. As a result of their fundraisings, and the impact of the crisis on financially weaker competitors, I believe their long-term growth prospects are now even stronger.This is why I’d be happy to buy their shares at today’s big discounts to their pre-Covid-19 levels. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by G A Chester
CopyAbout this officeJackson Clements BurrowsOfficeFollowProductsWoodSteel#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesSunburyAustraliaPublished on December 28, 2015Cite: “May Grove / Jackson Clements Burrows Architects” 28 Dec 2015. ArchDaily. Accessed 11 Jun 2021.
News Organisation January 22, 2010 – Updated on January 20, 2016 Gaby Saget : Thanks to good luck or providence, my life was spared Receive email alerts Help by sharing this information News News Violence against the press in Haiti: RSF and CPJ write to Minister of Justice HaïtiAmericas Follow the news on Haïti News HaïtiAmericas Journalist shot dead amid anti-government protests in Haiti November 14, 2019 Find out more to go further Another journalist murdered in Haiti October 11, 2019 Find out more RSF_en A personal account by journalist Gaby Saget of Radio Métropole in Port-au-Prince, winner of the 2009 RFI-OIF-Reporters Without Borders Francophonie Prize“I’ll expect you in Les Cayes this evening,” said the SMS from a new friend, Jonathan Boulet-Groulx, the head of a project for handicapped people near the southwestern city of Les Cayes.“It’s a deal, I’ll come tomorrow,” I replied. On Monday, 11 January, at 2:42 p.m., my decision was taken. I would set off the next morning for Les Cayes with my closest girlfriend and spend the last two days of my annual leave there.We arrived in the early afternoon. Tour of the town, eating out… I was enjoying some holidays at last.We felt a slight jolt on our way to the beach. We stopped the car and inspected the tyres, but found nothing. After setting off again we felt a few more jolts which we blamed on the poor state of the road.At around 10 p.m., Jonathan ran into a colleague who told us the news. There had been an earthquake. The local radio stations said a building had collapsed in nearby Mapou and some school children had been injured or terrified by the tremor.We then tried phoning Port-au-Prince and, miraculously, we succeeded on the first attempt. Port-au-Prince was in ruins – the National Palace, public buildings, schools and many homes, all were flattened.I finally managed to reach my father at around midnight. My family had survived the collapse of our house but they had nowhere to go.I was petrified, especially I was being told that the ground was continuing to shake.We had to get back as quickly as possible. Jonathan offered to take as he was also worried about his friends. I had no idea of what I was going to discover.We saw the first earthquake damage when we got to Grand-Goâve. From there until Carrefour, the road was covered by enormous rocks, large pieces of asphalt had been raised up, and houses had collapsed.There were endless lines of survivors walking on both sides of the roads, everyone carrying a bag or a bundle containing their meagre belongings.Newly homeless people were building camps on empty lots, using sheets to make tents.When we reached the metropolitan area, we decided to make a detour via the lower town, Port-au-Prince’s main business and administrative district.It was apocalyptic. The National Palace had collapsed on itself. The ministry buildings were destroyed. The national tax office has been reduced to a pile of rubble in which volunteers were busy searching for survivors.The Champ de Mars park had been turned into a refugee camp. My anxiety was mounting. What would my future be in a country reduced to rubble? My eyes filled with tears. I spotted a fellow journalist, rushed over and threw myself into his arms. We both cried.I was then taken to my home.The two-storey building that was my house had collapsed, crushing two children and an adult who were inside on the ground floor. Aside from the horror of this situation, I realised I was now homeless, like thousands of other people of all social classes, reduced to living under a plastic sheet or in the wreck of a car.I spend my first night huddled up against a small girl, sitting on chair and covered by an old sheet, cold and scared by the aftershocks.Life hangs by a thread. An ordinary invitation saved mine. Now I had to preserve it. The second challenge was now beginning. June 11, 2019 Find out more
Name (required) Mail (required) (not be published) Website Your email address will not be published. Required fields are marked * Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Top of the News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena First Heatwave Expected Next Week Community News More Cool Stuff Herbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyThink The Lost Weight Won’t Be Regained If You Stop Eating A Lot?HerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyRub This All Over Your Body And He’s Guaranteed To Swoon Over YouHerbeautyHerbeauty 11 recommended0 commentsShareShareTweetSharePin it Community News Fitness Broad Range of Disorders, Impairment Treatment at Vincent Physical Therapy From STAFF REPORTS Published on Tuesday, July 17, 2012 | 8:25 pm Subscribe Business News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Most people donâ€™t think about seeing a physical therapist until theyâ€™ve had some life-changing physical injury that impacts their normal day-to-day life. Physical Therapist Michel Vincent, owner of Vincent Physical Therapy of Pasadena wants you to know his practice can help you in cases from catastrophic impairment to minimal distress and suffering.Vincent, who has more than 30 years experience in physical therapy, says his practice specializes in musculoskeletal and neurological disorders, as well as post surgical repair and reconstruction rehabilitation. He insists that patients work with the same therapist and not an assistant and they make sure patients understand their condition and are involved in their rehabilitation. Michel Vincent works in Pasadena together with his partners Dean Chuang MPT and Dan Woodworth PT, MOMT, who are also Physical Therapists.Serving residents of the San Gabriel valley for over 25 years, therapists at Vincent PT use proven skilled manual therapy techniques to reduce pain, optimize mobility, and teach proper movement patterns.A native of Canada, Vincent holds a Bachelor of Science in Physical Therapy from the University of Vermont and a Master’s in Orthopedic Manual Therapy from the Ola Grimsby Institute. Raised in Montreal, his athletic abilities love for ice hockey took him across the border to Vermont on a scholarship.After graduation, Vincent moved to the California and began developing his physical therapy skills working first at Pomona Valley Medical Center and a few years later at Orthopedic Hospital in Los Angeles. He is a member of the American Physical Therapy Association (APTA) and enjoys spending time with his family and three children.â€œQuality is very important here,â€ Vincent says. â€œFor us, itâ€™s one-on-one. Weâ€™re hands on and patient education is a big thing here. People need to know what they can do to involve themselves in getting better. Exercise, especially in long term chronic conditions, is a big part of resolving the problem. Patients should find a way to assist, because the more you are involved, the better.â€œEveryone is an individual and everyone has their own goals. We try to work with them individually so they can achieve whatever they want out of therapy. We donâ€™t have a template here in dealing with patients, but we tailor our work to their individual needs,â€ Vincent concludes.Vincent Physical Therapy is open Monday through Friday from 6:00 a.m. to 8:00 p.m. Saturday and same day appointments are available. Located at 2700 E. Foothill Blvd., Suite 121, you can call them at (626) 449-4347 or visitÂ www.vincentpt.com. Make a comment
News UpdatesMadhya Pradesh HC Disposes PIL Against Tik Tok App As ‘Infructuous’ [Read Order] LIVELAW NEWS NETWORK10 July 2020 2:31 AMShare This – xThe Madhya Pradesh High Court has disposed of a Public Interest Litigation against Tik Tok observing that it has become infructuous. One Naman Choubey had approached the court submitted that the mobile application owned by a Chinese firm named M/s. Bytedance is causing harmful and hazardous effect on the children and youth of the country who are becoming addicted to it causing degradation…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Madhya Pradesh High Court has disposed of a Public Interest Litigation against Tik Tok observing that it has become infructuous. One Naman Choubey had approached the court submitted that the mobile application owned by a Chinese firm named M/s. Bytedance is causing harmful and hazardous effect on the children and youth of the country who are becoming addicted to it causing degradation of their mental health, moral ethics and sense of judgement. He sought a direction to TRAI and Government to initiate remedial/penal measures against the Chinese company “During the course of arguments it came to light that the Government of India by order dated 29.6.2020 has for the time being imposed a ban over the said app. In view of the above ban imposed by the Government of India, the grievance of the petitioner appears to be redressed at least for the time being.”, said the bench comprising Justice Sheel Nagu and Rajeev Kumar Shrivastava. While disposing the PIL, the bench also granted liberty to the petitioners to revisit the court in case of arising of any fresh cause of action. The Central Government last week decided to block 59 mobile apps, mostly Chinese, including Tik Tok, ShareIt, UC Browser, Cam Scanner, Xender etc. The Ministry of Electronics & Information Technology has decided to invoked powers under Section 69A of the Information Technology Act, 2000, read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009 to block these apps, citing threat to sovereignty and integrity of India, defence of India, security of state and public order.Last year, while considering a PIL with more or less similar prayers against the Tik Tok, the Madras High Court had ordered to prohibit the download of the Application. This order was later vacated by the High Court with a warning that that if it violates its undertakings to filter negative and inappropriate or obscene materials, it can amount to contempt of court.Click here to Read/Download OrderRead Order Next Story
Gilbert Carrasquillo/Getty Images(PHILADELPHIA) — Jury selection in the retrial of Bill Cosby erupted in acrimony Wednesday after the prosecutors moved to strike a black woman from the jury pool, prompting the defense to claim racial discrimination. The subsequent objection devolved into bitter sniping among opposing counsel, infuriating the judge overseeing the sexual assault retrial scheduled to begin Monday.Minutes later, Cosby defense attorney Kathleen Bliss stood up and hinted about overhearing a prosecutor on the case making a racially discriminatory comment this morning during a break outside the courtroom. Montgomery County District Attorney Kevin Steele, who is leading the prosecution, called the allegation of racism “ludicrous,” pointing out that two of eight jurors impaneled are African American. He accused defense attorneys of trying to inject race into the already-emotionally charged case.“I think unfortunately, [this is] not being done for this court,” he told O’Neill. “It’s being done for the media behind us.”Judge Steven T. O’Neill then decided to halt proceedings and summon attorneys to his chambers so he could hear the alleged comment. The trouble began late Wednesday morning after prosecutors used one of seven peremptory challenges to strike the would-be juror from the pool, and defense attorneys claimed the strike was racially motivated.The defense then mounted what is known as a Batson challenge, which can be used during jury selection when one side feels that opposing counsel is dismissing potential jurors based solely on race, gender or age.Judge O’Neill lectured the defense for failing to anticipate this possibility and pre-brief him and the prosecutors on the relevant case law. Prosecutor M. Stewart Ryan even stormed out of court, saying he was going to his office to read the case law, claiming he hadn’t been given a copy by defense attorneys.After a break, defense attorney Bliss argued that she was “suspicious” of the intent behind the strike. “By all appearances [the potential juror] was a perfectly qualified juror who stated that she could be fair and impartial, after screening through all the questions,” Bliss told the judge. “She passed every single stage as a fair and impartial juror. There is thus no other explanation but for her race.”Bliss told the judge that of the 240 potential jurors summoned at random from Montgomery County, only 10 were African Americans.“She’s the only African American left,” Bliss claimed, referring to the latest pool of 120 potential jurors that have been summoned. “This man, the defendant, who is facing the rest of his life in jail, is African American,” Bliss said, pointing at Cosby.Bliss went on to make the stunning allegation of racism against the unidentified Cosby prosecutor, whom she claimed made the alleged comment.O’Neill later upheld the prosecution’s strike of the potential African-American juror and overruled the defense’s objection.Five women and seven men were chosen as jurors. Two of the 12 jurors are African-American.Cosby is facing three felony counts of sexual assault for allegedly drugging and abusing Andrea Constand at his Pennsylvania home in 2004. He has denied the charge and said any sexual encounters he ever had with Constand were consensual.Last summer, Cosby’s original trial ended with a hung jury and in mistrial.Copyright © 2018, ABC Radio. All rights reserved.
Empire State Realty Trust CEO Anthony Malkin and the Empire State Building (Getty, iStock)In addition to workers coming back to their desks, Empire State Realty Trust has another wish: the return of international tourists.The famed observation deck of its Empire State Building reopened in mid-July at limited capacity, but visitors have been few and far between. Admissions during the first quarter were about 9 percent of what they were during the comparable period in 2019, said Tony Malkin, chairman, president and CEO of the real estate investment trust, on an earnings call.The slow pace was anticipated because two-thirds of visitors have traditionally been international tourists, who have not returned to the city and probably won’t until next year, said Malkin. The REIT is up against international travel restrictions and varying Covid-19 vaccine rollouts in each county, Malkin said.ADVERTISEMENTRead moreEmpire State Realty Trust reports 97.5% drop in Q4 earningsEmpire State Realty cancels dividend for rest of 2020Empire State Realty Trust reports second consecutive quarterly loss Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Full Name* Tags Share via Shortlink Message* The observation deck is an important component of Empire State Realty’s revenue stream, so the pandemic has been especially painful for the office landlord. First-quarter observatory revenue was $2.6 million, down 74 percent from the same period last year and off 48 percent from the fourth quarter, according to the REIT’s quarterly financial report.The company expects observatory visits to reach 60 percent of 2019 levels by December, even though the cost to operate the facility will be nearly the same, Malkin said. Admissions are expected to fully recover by December 2022.On a brighter note, Malkin said the company’s balance sheet “gives us a long runway and the ability to take advantage of growth opportunities.”The company reported a net loss of $3.2 million in the quarter. Revenue was $145.3 million, down 11 percent from a year ago and down 4 percent from the fourth quarter of 2020.Revenue from office leasing appears relatively stable. First-quarter rental revenue was $140.2 million, down 7.5 percent compared to a year ago and up 2.3 percent from the fourth quarter.Recent major leases in the REIT’s portfolio include an 33,000-square-foot office expansion of off-price retailer Burlington, formerly known as Burlington Coat Factory, at 1400 Broadway. The company now occupies about 68,300 square feet. And at 1359 Broadway, Zentalis Pharmaceuticals, a biotech company focusing on cancer therapeutics, has signed a 31,400-square-foot office lease.Contact Akiko Matsuda Commercial Real EstateEmpire State Realty TrustManhattan Office Marketoffice market
Murray Levick is best known for being one of the surgeons on Scott’s Terra Nova Antarctic expedition (1910–1913) and, as a member of the Northern Party of that expedition, spending a winter living in a snow hole when the ship was unable to collect the men. However, his career encompassed much more than that. He served in the Royal Navy during both World Wars and was a pioneer in physical medicine and rehabilitation. He also founded the British Schools Exploring Society.