In protests as the City Council Votes to defund and cut more than 100 officers from the force. We have the latest, plus uprisings in portland and chicago. Markets meantime pointing gains at the open, 279point gain on dow futures. Gains across the board this after mixed performance yesterday. Look at the blue chips go. The nasdaq finishing in the red after a week showing in the tech sector money peeling out of the stocks but the dow gaining more than 1 . 357 points. Protecting your data, flaws and snap dragonship putting 1 billion android phones at risk from a hack attack. Looks to connect all of your Smart Devices to one another. Vaccine risk. Vladimir putin says his country has a vaccine but here at home the epidemic can affect the effectiveness. Checking the world and stock market action, european markets are up across the board. We have gains north of 2 in england, france and germany. In the uk another 81,000 people lost their jobs last month. That number was slightly better than wh
You can never own enough of the good ones, or sometimes you cant own any of the good ones, right, jim but im not adding at this point. Im happy for what i have. The stocks never attractively valued, so its less attractively valued at this point. What about the report in your view its good my concern was, whats happening with cloud i got some good news from google with cloud, got some decent news from microsoft on cloud, so thats got the major risk. Less concerned about the Retail Business, because that can always be explained away, but the bar was set pretty low across the board for amazon. A lot of doubters. The stock still far off its highs. So, i wasnt really worried. I thought the setup was pretty good but when you look at some of these names, its such a binary event that day they dont act like they used to with 1 or 2 moves theyre having moves like this, which are ridiculous when you compare it to the low volatility in the markets overall, this seems outside the moves. Its sort of
As the new apron and the bayside history walk, we believe will allow the appropriate balance with the office space that is needed to make this project financially feasible. And we believe that we do have a regulatory strategy that will get us through a reasonable amount of time. Matt walked through some of the economics of phase 1. Phase ii, we have not yet submitted a formal proposal that has not been requested at this time, but obviously its a major project through the entire pier. Development costs would be in excess of 100 million. We would be requesting the full 66year lease that is within the trust a because that would be required to amortize a very substantial investment, particularly with a full seismic upgrade and pier structure work that would be required. And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. Th
The trust a because that would be required to amortize a very substantial investment, particularly with a full seismic upgrade and pier structure work that would be required. And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qualifying rent credits for the structural work that would result in this new project going forward. Weve been asked to address project phasing issues and wed like to be as frank as we can with you about this. We have submitted
And we would finance this through a combination of private equity, debt, and federal and state historic tax credits. Tmg has a lot of experience and we believe we can secure those credits and help make this project work. The project would generate a good deal of revenue over its life as well as a good deal of expenses up front,v and we expect that we would be able to pay a very substantial amount of rent to the port and would be willing to structure various forms of up side participation as is typical for these major projects, however, there would be a need to negotiate and offset credits, qualifying rent credits for the structural work that would result in this new project going forward. Weve been asked to address project phasing issues and wed like to be as frank as we can with you about this. We have submitted this as a twophase project. The bulkhead rehabilitation which as matt said we think we can have in place in 12 to 18 months, followed by the phase ii full rehabilitation of th