Address two of the questions of the ones that you presented. I cannot address the tishman spire strategy in changing or creating their program. Art stone is a rental developer, owneroperator, and the intention here one of the intentions in redesigning the project was to design a rental high rise. We think weve got it right. Everybody has to make a subjective business judgment call in terms of the right balance and how many square feet for a studio, one bedroom, two bedroom is and is it 1100 feet or 1350 square feet . We have made a decision guided by the limits imposed by the eir and the original approvals to go to the higher unit end of unit count and adjust the size slightly lower. We still have met the 40 two and three bedroom threshold. Thats a factual statement and exactly where we were and recall us having been in 2005. In terms of the best way i can respond to the preponderance or not of families living in downtown hi rises is probably one hawthorn which is a project that my com
Was scheduled to come to you in december. Now it looks like its coming in january, and i will be the only person who has standing on the project because no one is paying attention to the fact that we are about to lose the Exposition Center of the city through demolition. Its on your advance calendars. How many of you know what henry adams and are andin and i know that is demolition of the concourse. I have in the past month have been invited to kpfas annual events which is in december, the green festival which was last week, and another thing. No one is paying attention because you dont give any notice and it will be exactly the same. Notice only goes to Property Owners within a 300foot radius and me because i get all notices. That is not very good notice. I have pleaded with the Planning Department staff, particularly Environmental Review, that they require owner to give notice to all of the tenants. The tenants come in there once a year. Kbfa and the green festival. No one knows they
Of the best way i can respond to the preponderance or not of families living in downtown hi rises is probably one hawthorn which is a project that my company developed and has 165 residential units and its anecdotal information and not just speak for example art stone and i have provided to my partners. We have approximately five families i think the definition of families parents with children living in the 165 unit high rise building. 10 units remain unsold but it cant skew the mix too much and the preponderance of the units are primary residents. Theyre not investor units. I dont know if i can shed anymore light on the question. I think you answered it and certainly sounds based on your experiences with hawthorn this is the best you feel that would work best for you and i am certainly supportive, and obviously these units are condo mapped so in the future they had to be sold they could be sold, and i really complement you also on the design redesign with an outstanding Architectural
Services. Uber reduced fares for its Uberx Service by 20 in the big apple. Uber will keep its regular commission for each ride and drivers will make less per trip so the Company Claims drivers should see more riders each day. Wellknown Venture Capitalist, tim draper, is now almost 30,000 bitcoins richer. Draper was the highest bidder for a large amount of the bitcoin currency at an auction. Bitcoins are part of a larger pool that was seized from a website. He will join us later. Now, to our lead story box has raised 150 million in funding at a valuation of 2. 4 billion. This according to people with knowledge of the situation. It gives box more to time to wait for favorable conditions before going public. The Cloud Storage provider had planned to go public last march but it delayed its ipo because of shaky Market Conditions. Sources say tpg capital will get a seat on boxs board. How much more time will the funding really buy box . We are joined by leslie picker in new york. What exactl
The best in his country for World Economic growth. Your two thousand campers to egypt were five policemen have been killed in an attack at a checkpoint south of cairo correspondent catherine steeply has more. This statement in each area of ministry and as saying that it was last done in a confined as the checkpoint this is in an area of me this youtube a nice way which is about a hundred km south of cairo. The interior ministry of st and guttural too many cycles made by a heavily on these manning the checkpoint before driving up and find peace in that killed two others into one of them is reported to be in the scenery is condition. No one has yet claimed responsibility for this attack and that security sources are saying is this that the area on the way to track down these segments but it meant he would be sitting on wednesday the attacks on police and on weekends now. Id be on the last two nights at least two hundred and fifty security has now been killed since then and today at a che