Archive for January 27th, 2008

Small firms’ anger at gains tax fiasco
Times Online - BRITAIN’s small businesses have reacted with a mixture of relief, disbelief and disappointment after the chancellor made a u-turn in his plans for capital-gains tax. Last October Alistair Darling announced that he was scrapping business asset taper

Kerry Stimulus Plan Targets Small Business
New York Times - Senator John Kerry (D- Mass.) this week proposed a Senate economic stimulus package that would target tax incentives for small businesses, reduce fees on loans and double funding for microloans. The proposed bill will increase the amount small

Riding the ups and downs
News.com.au - Small business owners who use an SMSF to purchase property. * People with large super balances who use advisers to set up and manage an SMSF. * People who just want to do it all on their own. People who borrowed to take advantage of last year’s tax-free

Police chief’s project kills nearby small business
Orlando Sentinel - LAKE HELEN - Business was brisk at Ed and Norma Blackman’s coffee shop until an unlikely rival — the government — brewed up unexpected competition for the town’s java junkies. The Blackmans shuttered the business they opened in 2005 — the Lake

How the Taiwanese government is assisting SMEs in ICT
National - Their efforts have successfully encouraged tens of thousands of small business owners to make the small e-step, allowing them to begin experiencing the power of e-commerce in creating business opportunities. From its inception in

Sleepworking, says that mean business, handheld headaches
Register-Guard - The Staples National Small Business Survey also found that 72 percent of respondents make business calls while driving and almost 40 percent state they get their best ideas behind the wheel. CEOs stick by Texas, Nevada California and New York are rated

LABOR DISPUTE DIVIDES RELIGIOUS COMMUNITY
San Francisco Gate - Small Business Center : A new resource for small businesses. Get expert advice, forms and more. SFGate Technology : It’s a high-tech world - - we just plug you into it Labor organizing can be tense under the best of circumstances, but in bucolic

BRIEF: About This Series: Building a Business
Blackenterprise.com - Small Business Administration. This day, we begin to follow two of the state’s newest entrepreneurs. Both are smart, focused and friendly, but that’s where the similarities end. —– To see more of the Detroit Free Press, or to subscribe to the

The Types of Business Loans
HULIQ.com - Commercial and business loans are very vital to start a small business. Begin up companies need to know the different types of business loans to understand the ideal ways they have the ability to be used to advance a business project. The idea of owning your own

The woman who broke the mould at the LSE
Times On the internet - The share price has risen nearly tenfold and she has amassed a personal small fortune from share purchases and options that Business tools

Lenovo enters the server business
Computerworld Singapore - Lenovo announced its intent to jump into the server business by licensing x86 server technology from IBM, helping extend its product offerings to small and medium-sized businesses. Under the agreement, Lenovo will manufacture one- and two-way x86

Non-IT ideas good for small businesses
Computerworld - Of course, if you’re a small business without a “proper” IT department, this might seem funny. You’re actually the envy of Carr in some ways, since business decisions drive each technology buy and process. He’s worried that when you get larger

House prices up 2.3 percent
International Herald Tribune - be purchasers continues to put downward pressure on home prices even though the scale of the recent falls is relatively small Mizuho will form business ties with top Say Bank of India, the latest global move by a Japanese lender.

FM radio expansion hits small-town hurdle
Business Standard - But experts have cast a doubt on the success of the third phase as almost 80 per cent of the proposed 680 FM stations fall in very small towns where the FM radio business looks non-viable. “Nearly 190 of the proposed cities are so small that a

Market experts wary but eager
Los Angeles Times - Small Business » Technology » Video Games » Work & Careers Portfolio managers may be dizzy after the recent gymnastics in a market that’s had an unhappy new year. That hasn’t

Managers prompt business risks by neglecting key on-the-job training
Irish Examiner - SUBSTANTIAL numbers of managers of Irish-owned companies are neglecting the key area of on-the-job training, putting their businesses at serious risk in the process. These findings are detailed in a new report from the Small Firms Association

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Pinny Cohen sent in this interesting article via email this day about why most people end up hating their job. Here’s the key point:

Most jobs nowadays are too specialized and specific. This means that there’s often a lack of variety in one’s job.

Does your job provide you with a lot of variety? If not, are you comfortable with monotony or do you like diversity?

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I love a good idea home where a bunch of high end designers work on one upscale home, now you can get one in the Hamptons at a discount .Braden Keil at the New York Post broke the story that the 2005 Hamptons Cottages & Gardens Idea Home is on the market and was just reduced by $3 million. Hamptons C&G publisher Richard Ekstract and his wife, Eileen are selling the eight-bedroom, 7,500-square-foot Bridgehampton mansion which is on 3.7 acres. The home includes a master suite with a private media room, a sitting room and a dressing room. The lower level includes staff quarters. The ground are also home to a 40-foot-by-40-foot pool. There’s a tiny bit of design house schizophrenia going on here where the rooms don’t really share an overarching theme but its contemporary and impressive in the way that a Hamptons home should be. It reminds me of a bit of the house that Gordon Gekko had in Wall Street. In the Post, Ekstract is quoted as joking that now, at $15 million instead of the original $18 million, the price is too cheap. It is listed by both Corcoran and Prudential Douglas Elliman.

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From the NY Post’s Gimme Shelter:
–Actor/musician Steven Van Zandt, who is a member of Bruce Springsteen’s E Street Band, and his wife, Maureen, have bid on a three-bedroom, three-bath penthouse in a former church on West Fourth Street. The apartment with stained glass windows has an asking price of $5.99 million.
–Actress Frances McDormand and her filmmaker husband Joel Coen have listed their Hudson Valley hideaway. The home on a country road in the town of Esopus, NY has three bedrooms, a screened porch and an old-fashioned kitchen. It is listed at $895,000. The charming home is shown above and the listing is here.
–The Russian Federation have purchased one of Manhattan’s pricier townhouses for $35 million. The 25-foot-wide residence at 36 E. 75th St. was built in 1893 and has six bedrooms.
–The price has dropped on the 2005 Hamptons Cottages & Gardens Idea House. Hamptons C&G publisher Richard Ekstract and his wife, Eileen, have lowered the price of their eight-bedroom, 7,500-square-foot Bridgehampton mansion on 3.7 gated acres. It is our estate of the day later today.

From Berg Properties Big Time Listings:
–Tobey Maguire has bought a 0.93-acre vacant parcel in Brentwood.
–Comedian Carlos Mencia has bought actor Eddie Cibrian’s Encino mansion which was listed at $4.395 million. Cibrian has paid $2.5 million for a mansion in Calabasas.
–Actor John Leguizamo has paid $5,750,000 for a town house in Manhattan’s Washington Square area.
–Turns out that Mark Harmon did not purchase a new place in Malibu, it went to someone else with a similar name.

From the NY Observer’s Manhattan Transfers:
Dr. Marlene Krauss and her husband, Dr. Zachary Berk have paid $7.65 million for the triplex penthouse at the Claremont House, a 1980’s-era condo on East 72nd Street between Park and Madison avenues. It was our estate of the day in December 2006 when it was listed at $8.995 million. The couple own the floor below the penthouse, and are combining the two units into a four-level apartment. The couple has put their 15th floor home on the market for $4.75 million to raise money for renovations. The listing is here.

From the Wall Street Journal’s Private Properties:
–As the Real Estalker Mama previously reported, the motion picture producer Jon Peters is asking $39.5 million for four adjoining Beverly Hills parcels he bought in 1996 but never fully developed. The listing is here.
–Limited Brands marketing chief Ed Razek has purchased an oceanfront villa in the Turks & Caicos. Thetvilla is in Dellis Cay, a 560-acre, residential development being constructed on a private island with a master plan by Pritzker prize-winning architect Zaha Hadid.
–Baseball player Steve Finley, has trimmed 3.4 acres from his home for sale and reduced the price to $13.95 million. The listing is on the Barry Estates website.

From the Real Estalker:
–Jessica Alba has paid around $4.05 million for a new Beverly Hills home.
–Ben Affleck and Jennifer Garner have been spotted house hunting in Los Angeles.
–Another huge estate hits the market in Los Angeles. The Singleton family has put their Holmby Hills home on the market for $85 million. The main home, designed by Wallace Neff is 15,520 square feet with 10 bedrooms. It is on over seven acres. The listing is here.
–Kate Hudson has reportedly been looking at real estate in TriBeCa.
–Producer Max Mutchnick and partner Erik Hyman are set to purchases a major estate in Hancock Park.
–Television writer Juanita Bartlett has put her Martha’s Vineyard home on the market for $12.95 million. The listing is here.
–Writer and producer Aaron Sorkin recently picked up a beautiful home in the Sunset Strip area of Los Angeles for $6.1 million.
–Tennis star Pete Sampras and his wife actress Bridgette Wilson-Sampras have listed their Beverly Hills mansion for for $25 million. The listing is here.
Actor Harvey Fierstein has put his Brewster, New York home on the market for $749,900. The listing is here.
–via the London Sunday Times, the Toprak Mansion in London has been sold for

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I’ve been lucky to find homes with great woodwork lately. This one in Bellevue, Washington is one of the most astounding I’ve seen. It is a four-bedroom home designed to invoke a zen-like serenity. The home was designed by architect Curtis Gelotte, who calls it Wood, Stone and Water on his site. Rough stone fireplaces and massive windows as well as an indoor waterfall help complete the feeling of rustic calm. The staircases here are just amazing but the most stunning piece of design in the home is the custom designed tea-house canopy over master bed. What a place to sleep. It is listed at $3.5 million.

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It’s not exactly a Frank Lloyd Wright home but it is definitely inspired by the legendary architect. This home near Jackson, Wyoming was custom built for someone who definitely has a taste for the Arts and Crafts style. The woodwork here is stunning, especially the chandelier in the dining room. If you aren’t a fan of this style it can all be a bit much but the overall theme is very consistent and rather restful. The four-bedroom home has an exterior of pressed brick, elaborate cornices, and wrap-around terraces. It sits on 5.37 acres and is listed at $11.4 million.

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We visited North Bay Road in Miami Beach last month for an estate of the day but a reader, Marie, sent me the link for this one. I figured it was worth sharing with you. I’m not quite sure what sort of happy money cocktail designers are sipping along North Bay Road but it makes for some interesting decorating decisions, especially as newer owners with lots of money try to bend older homes to their will. The last estate we saw in this area was a strange amalgam of modern and absurd baroque. This one is a less obvious and more lavish case, but there are still some interesting juxtapositions here. The current owners seem to have a hankering for the modern, hence the new spare and bare contemporary kitchen and bathrooms, but this home still has the particularly Miami affliction of gold paint details on the walls. The home is over 10,000 square feet with nine bedrooms and it has a nice chunk of bay frontage with a dock. This estate is listed at $18.9 million.

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What is the cut-off for size for boutique hotels? I generally think it is under 150 rooms but a new multi-use project in Knoxville, Tennessee bills itself as having a boutique hotel even though it’s got 200 rooms. The Metropolitan Plaza project is actually a fairly huge project, including a 15-foor tower with as many as 32 condos above the hotel room as well restaurants, a bank and retail shops on the lobby level. There’s also an office tower planned that would stand about 7-8 floors tall. The $78 million project from Knoxville-based Commercial & Investment Properties also includes an enclosed pedestrian bridge linking the complex to the Knoxville Convention Center.

The proposal beat out two other proposals for the redevelopment of the downtown say Supreme Court Building.The project does not have a hotel brand linked to it yet but the developer states that several are interested. Once approved, construction on the project could start as early as this fall and be finished by early 2010.

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This one in Cohasset, Massachusetts is an interesting example of what happens when an older house meets a new owner with a taste for the modern. This home sits on a promontory called Cary’s Point, which overlooks Sandy Cove. The current owners purchased the home around 2003 for about $4.75 million and gave it a total renovation and expansion. Believe it or not, this home was built in 1903-04 but has been absolutely renovated with new floors, new windows, new heating, audio, video and lighting systems and more. The details here are pretty fantastic; the kitchen counter for example appears to be composed of agate slices. The windows are all custom made with curving metal accents. There is not just a heated three-car detached garage but also a two-car garage with a turntable floor so the owner never has to back out of the garage again. The reflecting pool has a huge sculpture. The current owners have a taste for modern design and so the home is currently a showcase for all sorts of contemporary furniture and an expansive art collection. The property has a dining patio and gazebo with perfect views of the water. The property has access to two private beaches and two moorings. The owner is even offering his 46-foot Sunseeker powerboat along with the estate. The estate is listed at $19.5 million with Dean and Hamilton.

[via Wicked Local]

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Why this one? Because it’s a lighthouse, in Bigfork, Montana. Okay, it’s not so much a lighthouse as a house with a lighthouse-like structure appended to it. Still you have to admire the commitment to the nautical in this one. Most of the houses we see in Montana are full of antler chandeliers, roughhewn logs and western fabrics. Not so here. this one could easily be plunked down on an East Coast shoreline. Boat-shaped bookcases and nautical art add to the rather relentless theme decorating. The house is located south of Woods Bay and is perched above Flathead Lake for some truly beautiful views. The home is under 4,000 square feet and sits on one acre. It is listed at $2.95 million.

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