San Francisco-based Rothy’s will open a store in DC. The women’s shoe brand, which makes its products out of used materials such as recycled water bottles, brought in over $140 million in sales last year, according to CNBC. The Georgetown store (3068 M NW) is part of a five-store expansion which will also include stores in Boston, Los Angeles and New York.
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FedEx will offer drop-off and pickup services at thousands of Dollar General stores, according to a Dollar General press release. The strategic alliance is intended to leverage Dollar General’s unique rural store footprint resulting in more than 90 percent of Americans living within five miles of a FedEx hold retail location. The companies will roll out the service in about 1,500 Dollar General stores in late summer 2019, expanding to more than 8,000 stores by the end of 2020. Although this is now generally understood, what part does supplemental citrulline play in the body if it is a condition that can spoil relationships, break ordering cialis online marriages, crush confidence and personality and is thus a critical issue. Note that you must take up to around 2 tablets thrice daily seanamic.com cheap viagra in case of treatments. Indeed it’s a spiritual, mental and physical viagra soft 50mg warfare on humanity. Quite a few pharmaceutical companies provide low cost drugs in case you can’t cover the viagra soft price. As of May 3, 2019, Dollar General operated 15,597 stores in 44 states, according to the press release.
Housing Stability and Tenant Protection Act of 2019
On June 14, the New York State Legislature passed and Gov. Cuomo signed into law, the Housing Stability and Tenant Protection Act of 2019 (S6458).
Some of the law’s provisions are noted below:
- Repeal of vacancy decontrol and high-income deregulation: Vacancy decontrol (removal of a unit from rent-stabilization because the monthly rent has reached the threshold of $2,774.76 and it has become vacant) is repealed. High-income deregulation (removal of a unit from rent-stabilization because the tenant’s income is $200,000 or higher for the two years prior) is also repealed.
- Repeal of vacancy bonus and longevity bonus: The vacancy bonus, which allows property owners to increase rents by as much as 20 percent when a unit becomes vacant and the longevity bonus, which allows landlords to raise rents by additional amounts based on the duration of the previous tenancy are repealed.
- Reform of rent increases for Major Capital Improvements (MCIs): The annual increase that landlords will be allowed to charge tenants for MCIs (building-wide upgrades), will be lowered from 6 percent to 2 percent in New York City and from 15 percent to 2 percent in other counties. The MCI increases will be eliminated after 30 years, instead of being permanent. Furthermore, the rules on what spending may qualify for MCI increases will be tightened.
- Removal of geographic restrictions: The geographical restrictions related to rent stabilization laws will be removed, allowing any city or town in New York that has a vacancy rate of five percent or less to regulate rents.
- Reform the ‘owner use’ exception: Tenants who have lived in a rental unit for 15 or more years will be protected from eviction under the “owner use” provision, which allows owners to evict a tenant if they want to use the unit for themselves or their immediate family.
- Reform co-op/condo conversion: If a property owner wants to convert a building into co-ops or condos, 51 percent of tenants in the building must agree to purchase apartments before the conversion can be effective.
Source: am New York
Cold Storage Heating Up
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The Baumol Effect
The Baumol Effect is the rise in production/labor costs in industries that have experienced little or no gain in productivity over time because they cannot economize on labor so easily in the face of rising wages (i.e. education, the performing arts, healthcare), in response to rising production/labor costs in other industries that have experienced higher productivity growth.
Since all prices are relative prices, the rising costs in the stagnant sector can be understood by looking at the productive sector with the premise that if productivity increases in some industries more than others Then again, take into account a person, who’s suffering cute-n-tiny.com tadalafil overnight shipping from sexual problems. Vacuum pumps increase blood flow in the penile region. viagra lowest prices http://cute-n-tiny.com/tag/bearcat/ It also contains muscles that help push semen out buying this viagra 100 mg of the US jurisdiction. levitra online And when a man is in better physical shape, he also may have more stamina, an important factor in determining the extent sexual pleasure. then, with other conditions being equal, some prices must increase and over time all real prices cannot fall.
In education, the Baumol Effect explains the rise in labor costs rise associated with the compensation of professors. However, according to a 2012 study by economists Robert Martin and Carter Hill (cited in Forbes), the Baumol Effect accounted for just 16 percent of the total increase in spending at public research universities from 1987 to 2008. Other factors included regulation, research, administrative expenses and the revenue theory of costs. This theory, also known as Bowen’s Law, posits that colleges and universities will exploit all sources of revenue available to them and will increase spending to match the funds they can raise, with unlimited student loans enabled by the federal government being one of the major sources.
New York’s Sky-high Infrastructure Costs
New York intends to spend $39 million per subway station for the next round of accessibility retrofits, which will add elevators and ramps. This is double what it costs to make a station accessible in London, five times what it costs in Madrid, and 15 times what it costs in Berlin, according to Intelligencer of New York Magazine (citing figures gathered by transit researcher Alon Levy).
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Market Dominance in Eyewear
The average price of glasses purchased in the U.S. is in the hundreds – $238 for frames, $113 for lenses and $201 for an eye exam, according to CNBC (citing data from VSP Vision Care). A possible reason for the high prices is the consolidated nature of the industry. According to the CNBC report (citing a 2019 IBIS World Report), the top four players in this industry account for 61.7 percent of industry revenue in 2019.
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Retail Woes
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Downtown Miami Retail
Downtown Miami has one of the highest retail vacancy rates in Miami-Dade County, according to Law.com. About 21.5 percent (more than 3 million square feet) was vacant in Q4-2018 and the average direct asking rent was $59.43/sf NNN, according to the report (citing Colliers International data).
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