Developers of San Antonio s former Lone Star Brewery land $24 million in incentives for the project Posted By Jose Garza III on Tue, May 11, 2021 at 1:36 PM click to enlarge Michael Barajas GrayStreet Acquisitions and Midway aim to rejuvenate the former brewery site. Development of the long-dormant Lone Star Brewery took a major step forward last Friday when a city commission approved $24 million in economic incentives for the mixed-use project. Authorization of the incentive package one of the largest granted to an urban development project in recent years is the last step before city council votes May 20 on the proposal. The south-of-downtown industrial site remained vacant for roughly 25 years after multiple rede
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NEWARK, N.J., March 11, 2021 /PRNewswire/ Jacob Walthour Jr., the founder of New Jersey s first and largest Black asset management firm, Blueprint Capital Advisors, is garnering widespread attention for the work his firm is doing for clients and New Jersey s Black community. He was recently recognized as part of the NJBIZ Leaders in Finance Awards and the ROI Influencers Power List 2021. He is no stranger to recognition having been named by
Black Enterprise Magazine as one of the Most Influential Blacks on Wall Street.
(PRNewsfoto/Blueprint Capital Advisors)
Walthour sited for tireless efforts to promote equity in New Jersey including lawsuit against Governor Phi Murphy.
Retired NBA Player and Former Fast-Food Mogul Ulysses ‘Junior’ Bridgeman Wins $14M Bid to Buy Bankrupt Ebony Media
The iconic Black media company Ebony Media Operations LLC may have found a new owner after bankruptcy.
Former NBA player
Ulysses “Junior” Bridgeman would reportedly be buying the legacy company after winning a $14 million bid for it in U.S. Bankruptcy Court, the Chicago Tribune reported.
On Friday, Dec. 18, Bridgeman’s company Bridgeman Sports and Media was announced as the successful bidder for Ebony’s Media’s assets by a Houston bankruptcy court. The report also notes that Bridgeman’s offer was the only serious proposal received by the liquidated publisher.
Sun-Times files
A bankruptcy judge approved the $14 million sale Tuesday of Ebony Media Operations, the owner of the Ebony and Jet publications, to former NBA player Ulysses “Junior” Bridgeman.
The sale could lead to a revival of the historic titles that highlighted African American voices and culture. Ebony was founded in Chicago in 1945 by the late John H. Johnson, who added Jet in 1951. They were sold to CVG Group, which ended their print publication in 2019 and was forced into bankruptcy this year.
Bridgeman Sports and Media of Louisville, Kentucky, was the sole bidder for the publications. Judge David Jones in the Southern District of Texas, meeting in Houston, approved the sale.