A rendering of 1 St. Marks PlaceAnother high-priced, boutique office building is moving forward in Midtown South.Real Estate Equities Corp.’s development at 1 St. Mark’s Place in the East Village landed a nearly $80 million construction loan, according to property records filed with the city Wednesday.South Korean financial services firm Hana Financial Group provided the $79.1 million loan, then sold the $48 million first mortgage to Madison Realty Capital and held onto a $31.1 million mezzanine loan. VI Development Group arranged the debt.A representative for REEC — headed by Brandon Miller and Mark Siegel — declined to comment.REEC is planning to develop a 10-story, 65,000-square-foot office building on the site at the corner of St. Mark’s Place and Third Avenue.ADVERTISEMENTThe developers will be eyeing rents in the area of $150 per square foot. Such figures were once only seen in the most expensive locations in Midtown but now are commonplace for newly constructed office buildings in areas like the Meatpacking District, Soho and Greenwich Village.The site at 1 St. Mark’s sits across the street from Minskoff Equities’ 51 Astor Place, the glass and steel building that arguably set the standard for new office construction when it opened in 2013. At the time, it was derided by locals as being out of character with the East Village’s complexion.(That property was also financed by a South Korean investor, the Korean Teachers’ Credit Union, which in 2015 bought a 49-percent stake in the property valuing it at $600 million.)Elsewhere in the area, Normandy Real Estate Partners and Columbia Property Trust are developing a 180,000-square-foot office building a few blocks north at 799 Broadway.REEC controls the St. Mark’s property through a 99-year lease it signed in 2017 for north of $150 million. This content is for subscribers only.Subscribe Now
TEACHER SEASON PASS Courtesy/AFR Forecasters are predicting another wet winter, so mountain resort organizers are on the ready to offer some new deals for families and skiers. ANGEL FIRE ― With last winter offering one of the best snow seasons in recent history, Angel Fire Resort is already preparing for this winter’s ski season. Courtesy/AFR “We understand many people might still be lounging by the pool or out on the golf course, but we just wanted get on everyone’s radar a little earlier this year,” explained, Greg Ralph, marketing director, Angel Fire Resort. “This is the earliest we’ve sold discounted ski passes, and by far these are the best value for those who plan to hit the slopes this winter.” The 2019-2020 Teacher Pass is a season pass for all teachers K-12 nationwide is now available at the heavily discounted price of just $99. The Teacher Pass is designed to thank educators for the work they do with students and to offer more value for teachers during the ski season. The game-changing Pass is a first of its kind in the industry as it is the first discounted season pass that has been offered exclusively for today’s educators. The Resort is offering the Teacher Pass online starting today in honor of school starting back up. The price will go up to $199 once the season begins. Additionally, Angel Fire Resort will offer all active duty, retired, veterans, National Guard, & Reserve and their dependents discounted Military Season Passes for $299 if purchased before Oct. 31, 2019. “When we introduced The Teacher Pass last year, we saw a huge interest from educators from all over, and we knew we needed to bring it back this year. With school starting soon we thought we’d offer the Pass earlier this year,” Ralph added. Angel Fire Resort’s winter season is Dec. 14, 2019 – March 22, 2020.For more information and to purchase The Teacher Pass, Military Season Passes or Regular Season Passes https://www.inntopia.travel/Ecomm/Shop/Merchandise/6547367/en-US/?productsupercategoryid=17 ANGEL FIRE SEASON PASSES Making ski-industry history, the return of the first-ever Teacher Pass will offer all teachers K-12 one of the best full-season ski pass discounts in the country. Courtesy/AFR “We have a very active military community. We are steps away from the National Veterans Wellness and Healing Center, and the only state park in the country with a dedicated memorial to Vietnam Veterans. We want to offer an affordable skiing destination for any veteran or active duty military members and their families,” Ralph stated. Teachers will need to present their ID and a current pay stub from a school anywhere in the country to validate the Pass on their first day of use. Courtesy/AFR Angel Fire Resort is also launching discounted season passes for children, juniors, and adults. The season passes include: unlimited skiing and snowboarding throughout the 2019-2020 season, with no blackout dates at Angel Fire Resort, night skiing when available, three free days of riding at Powder Alliance partner resorts, as well as, three free days at resort partners. Early season pricing is good through Oct. 31, 2019, and starts as low as $199 for children and $439 for adults. AFR News: MILITARY SEASON PASS Courtesy/AFR
For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: The United Kingdom, as well as the rest of Western Europe, has been decimated by the coronavirus pandemic. On Saturday, UK had over 17,000 cases and the death toll has crossed 1000 and the situation is not improving. With the coronavirus pandemic resulting in total cancellation of all cricket in the United Kingdom until May 28 and with the country reportedly looking at a lockdown for close to six months, the chances of sports being played in the summer is looking grim. In this situation, one England cricketer is planning on making a big difference by contributing to the fight on the ground. Heather Knight, the captain of the England cricket team, has joined the National Health Service (NHS) as volunteer to help the healthcare system. More than half a million people signed up when the volunteer programme was announced on Wednesday. Knight, who has played 7 Tests, 101 ODIs and 74 T20Is for England will help in transporting medicines and spreading awareness about the pandemic in the United Kingdom.In her column in the BBC, Knight wrote, “I signed up to the NHS’ volunteer scheme as I have a lot of free time on my hands and I want to help as much as I can. My brother and his partner are doctors, and I have a few friends who work in the NHS, so I know how hard they are working and how difficult it is for everyone.” Knight was the captain during the 2020 ICC Women’s World T20 but her team was eliminated in the semi-final as their match against India in Sydney was abandoned without a ball bowled and since they finished lower in the points table, India progressed to the final where they were thrashed by hosts Australia in Melbourne.Knight and the England cricket team returned home and currently, they are under lockdown. The England skipper will also be making an effort to educate people about the coronavirus. “One of my close friends, Elin, works on the ward at the Royal Liverpool University Hospital. She is having to make tough decisions, so we are trying to keep her positive. Our university friendship group have been sending her throwback songs of the day to try and give her a moment to be happy and relax,” Knight wrote.Britain’s Head Of State Scarred By COVID-19Boris Johnson, the prime minister of United Kingdom, has tested positive for coronavirus. Johnson posted a video on Twitter confirming his COVID-19 positive status. In the video, Johnson confirmed he had developed mild symptoms such as a temperature and persistent cough over the last 24 hours. He took a test on the advice of the chief medical officer which returned positive for coronavirus. In the video, Boris Johnson said he is self-isolating and working from home. He said he will continue to lead the national fightback against the virus thanks to “the wizardry of modern technology”.Boris Johnson, the prime minister of United Kingdom, tested positive for coronavirus a couple of days. (Image credit: Getty Images)Prince Charles also tested positive for coronavirus (COVID-19) on Wednesday. It is to be noted that Prince Charles has become the first British royal to reveal that he has tested positive for Coronavirus. In a statement, Clarence House said, “The Prince of Wales has tested positive for Coronavirus. He has been displaying mild symptoms but otherwise remains in good health and has been working from home throughout the last few days as usual.”Also Read | Coronavirus: Prince Charles Tests Positive For COVID-19, Goes In Self-QuarantineThe statement further stated that Camilla, wife of Prince Charles, has tested negative for the coronavirus. “The Duchess of Cornwall has also been tested but does not have the virus. In accordance with Government and medical advice, the Prince and the Duchess are now self-isolating at home in Scotland,” Clarence House added. “It is not possible to ascertain from whom the Prince caught the virus owing to the high number of engagements he carried out in his public role during recent weeks,” Clarence House said.