plus 4, Streambank Selected to Market Tavern on the Green IP Assets - PR Inside |
- Streambank Selected to Market Tavern on the Green IP Assets - PR Inside
- Brighton Allston Improvement Association says bank, yes; bay, yes ... - Allston/Brighton TAB
- Find Dealers & Services - MCN
- You should get to know ... Jeffrey Schroder - Des Moines Register
- Over 60 per cent of SMEs can be sustained by automotive industry, says ... - The Guardian - Nigeria
| Streambank Selected to Market Tavern on the Green IP Assets - PR Inside Posted: 11 Dec 2009 05:01 AM PST 2009-12-11 14:04:34 -
Streambank, LLC, an advisory firm specializing in the sale of intangible assets, today announced the firm will lead the marketing and sales efforts for intangible assets of Tavern on the Green restaurant. Streambank was retained by Tavern on the Green Limited Partnership, which has operated the iconic restaurant under a concession agreement with the city of New York since 1974. The Partnership filed voluntary Chapter 11 bankruptcy petitions in September, after the city announced its intention to enter into a new concession agreement with another operator at the end of Tavern's current term. Streambank's retention is subject to Bankruptcy Court approval.Among the available IP assets is the Tavern on the Green trademark and goodwill. Other assets include a website, URL and customer data. Ownership of the Tavern on the Green name is the subject of a pending litigation between the City of New York and the Partnership. The case is pending before the Federal District Court and is expected to be heard later this month. "Few restaurants in the United States or perhaps the world rival Tavern on the Green in terms of brand recognition," said Gabe Fried, Managing Member and Founder, Streambank, LLC. "This is a truly unique and valuable IP portfolio, for which there are numerous possible applications such as franchising, catering, prepared foods, cook books and much more. This is a unique opportunity and we believe there will be substantial interest in the marketplace for these assets." "We are proud to have built Tavern on the Green into a name synonymous with fine dining," said Jennifer Oz LeRoy, Tavern on the Green's CEO. "This sale offers a rare opportunity for a buyer to capitalize on the rich equity of a truly exceptional brand. As we transition the business, we will look for a buyer who will be true to our legacy as an extraordinary venue where people celebrate their most important events."
About Streambank Streambank is an advisory firm, specializing in the valuation, marketing, and sales of intangible assets for businesses at all stages. Streambank identifies, preserves, and extracts value for clients through the application of experience, diligence and creativity. The firm's experience spans a broad range of industries including apparel, automotive, consumer products, food, manufacturing, medical technologies, retail and textiles. Streambank's recent client engagements include American IronHorse Motorcycles, Goody's Family Clothing, Circuit City Stores, and KB Toys. Streambank provides sound advice on value maximization strategies and liquidity options. Streambank is headquartered in Needham, MA and has offices in New York, NY and Portland, ME. For more information, please visit www.streambankllc.com : BackBay CommunicationsPhilip Nunes, 617-556-9982, x227 Phil.nunes@backbaycommunications.com : mailto:Phil.nunes@backbaycommunications.com orBackBay fivefilters.org featured article: Normalising the crime of the century by John Pilger |
| Brighton Allston Improvement Association says bank, yes; bay, yes ... - Allston/Brighton TAB Posted: 11 Dec 2009 03:42 AM PST
The Brighton Allston Improvement Association weighed in on several construction and business issues during its December meeting, while a Boston Police Department representative offered a largely positive report on local crime. More than 30 residents attended the BAIA's monthly meeting at the Brighton Elks Lodge on Thursday, and approved a small mechanical bay on North Beacon Street and curb-cut relocation on Burton Street. A proposal to expand the living space in a newly bought home, and the construction of six townhouses on Tremont Street, were met with resistance. Representatives from TD Bank also addressed the group to discuss a new branch at the intersection of Market and Surrey streets. Also, Boston Police Department District 14 liaison Neal Manning said his department's work during the past months to crack down on underage drinking has begun to take hold. Manning said officers have made 41 arrests since the start of the school year at off-campus parties, with 37 of those students attending local universities, three from out-of-state schools and one New York high school student. The officer said upcoming holidays will afford residents a break from late-night gatherings, and that officers will continue to crack down on noise complaints when the school year resumes. "We're hoping kids finally get the message," Manning said. "We will continue to pursue this problem and bring these parties to an end." Manning also said new crosswalk signs from Union Square to Oak Square have been installed to combat dangerous drivers and intersections, while "Operation Crosswalk," a project that uses plainclothes police officers to catch drivers who fail to yield to pedestrians, has made Allston-Brighton roads safer for pedestrians. "Sometimes the only way to get people to act safely is to cost them money," Manning said of the citations. "Money makes a point." TD Bank representatives showed BAIA members a proposal for a new 3,000-square-foot branch that would replace Brighton's current TD Bank location. Plans for the new branch have not been submitted to City Hall; however, the plan was received with a positive reaction. Head architect Joe Nebin said the largely glass building would make extensive use of natural lighting and be placed close to the street in order to hide the parking lot from street view. Nebin also said his firm studied area architecture to create a building that reflects the neighborhood's aesthetic. "This is more of a Brighton bank, not a TD Bank," said Nebin. Residents had some concerns about how the parking lot could affect traffic conditions on the corner; however, bank representatives said the project is still in its planning stages, and local restaurant patrons could use the lot after business hours. The largest project to face the BAIA — a proposal to demolish a four-family dwelling on 139-141 Tremont St. to make way for a row of six townhouses — was met with apprehension by many residents who felt the plan was too dense for the neighborhood. Neighbor Dan Leone said that while he was glad something would be done with the property that he said had fallen into disrepair over the last decade, the size of the new buildings "seems to be excessive at this point." Tremont Street resident Anne Lerosey reflected the concerns of many in attendance. "It's crazy for someone to think that they can fit that many units onto one plot of land," Lerosey said as the proposal came to an end, resulting in a decision by the BAIA to request a deferral until a less dense plan is created. BAIA members were more receptive to a proposal by lifelong Allston-Brighton resident Alessandro Vicente, who requested permission to create a mechanical bay in his automotive and motorcycle accessory store East Coast Performance on 130 North Beacon St. Although there were considerable concerns about the noise created by motorcycles coming in and out of the neighborhood, Vicente said he would close the store before night and does not cater to Harley Davidson riders, and would only perform cosmetic modifications and minor tune-ups. BAIA member Alex Selvig responded positively to the idea. "I think North Beacon really needs a shot in the arm," Selvig said. "Anything opening up there, especially by a local resident, is a good thing." The only proposal the BAIA shot down was that of Niall Nugent, who owns a home at 5-7 Boulevard Terrace and said he would like to expand the living space in the building to include the basement and attic. Nugent said he currently has seven young professional occupants in the building, but would like to increase that number. Although Nugent said he would not rent to college students, many residents did not feel his promise could be kept if demand for the building declined. "First you have three rooms, then four, then five," said resident Ann Depierro. "If the rental market falls apart and you sell the building, it will go to the college kids. Then they urinate on my lawn and throw cups everywhere." Finally, a proposal by John Qualter to move the curb cut on his property at 51 Burton St. to create a second parking space was approved with little discussion. Residents, including state Rep. Michael Moran, commended Qualter for his involvement in the community. "I've known John for many years and he's done great work to his home," said Moran, who lives two houses away. "Also, this is the first time I can speak at one of these meetings as an abutter," Moran added.
fivefilters.org featured article: Normalising the crime of the century by John Pilger |
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| You should get to know ... Jeffrey Schroder - Des Moines Register Posted: 11 Dec 2009 02:02 AM PST Vice president and general manager, McKenna Truck Center, Des Moines Job description: McKenna Truck Center is a Volvo, Hino and GMC truck dealership in Des Moines. The company offers complete sales, service and parts support for all brands of heavy and medium duty trucks. McKenna Collision Center repairs and refinishes damaged vehicles. Midwest Radiator Services and 1-800 Radiator of Des Moines repair and sell automotive and industrial cooling components. Background: I graduated from Wartburg College in Waverly in 1977 and have been involved in aspects of the trucking industry since 1980. I have been at McKenna Truck Center since 1998. Prior to my position as general manager, I was vice president of fixed operations. Notable achievements: I have a wonderful wife and two successful adult daughters who would say I've been a good husband and father. Why I do what I do: I have always been good at and enjoyed the challenge of fixing things that don't work. In business, a problem is just something that needs repair. What I do to get away from work: I enjoy my family and friends, the outdoors, a drive in my old Mustang, a motorcycle ride or a good round of golf. How I give back to the community: I am involved in my church and am a volunteer for Simpson Guild, an organization that raises funds to provide scholarships for Simpson College students. Words to live by: Former National Football League coach Don Shula once said, "The only way I know how to lead is by example." I agree. The best place in central Iowa to entertain clients or colleagues: I like the Latin King. It always serves a great meal, with professional and courteous service. What Iowa can do to attract more people like me: We should promote Iowa as the great place to live and do business that it is. Our agricultural-based economy provides a solid foundation that many areas of the country lack. The strong work ethic of Iowans makes our work force one of the nation's best. My mentor: My mother. She always believed in me. As a lifelong elementary school teacher, she taught me to look for and see the good in everyone. My leadership philosophy: I have had the most success when I listen instead of talk, think about what I've heard, and trust my instincts. If I could do something else: If I could shirk all of my responsibilities, I would spend a lot of time restoring old cars. Know someone we should get to know? E-mail Renda Lutz at rlutz@dmreg.com. fivefilters.org featured article: Normalising the crime of the century by John Pilger |
| Over 60 per cent of SMEs can be sustained by automotive industry, says ... - The Guardian - Nigeria Posted: 11 Dec 2009 02:45 AM PST Over 60 per cent of SMEs can be sustained by automotive industry, says NAC THE current plight of Small and Medium Enterprises (SMEs), could be effectively addressed, if the nation's automotive industry is re-developed, the Director-General, National Automotive Council (NAC), Mr Aminu Jalal, has said. Indeed, Jalal affirmed that a developed automotive industry could support the development of over 60 per cent of SMEs. He told the News Agency of Nigeria recently in Nnewi at the second Nnewi International Auto Trade Fair with the theme: ``Repositioning Nigeria's Economy Through Industrialisation: The Nnewi Experience.''__ ``If we have a viable automotive industry, the small industries can be developed and employment will be created. ``If we do not do it, we will still buy the vehicles from other countries and support their small-scale industries,'' he said. The NAC Director-General explained that the automotive industry was technology-driven, enabling the country to acquire the latest technology of vehicle manufacturing. According to Jalal, Nigeria can even export vehicles to neighbouring countries as it is presently doing with local manufactured bicycles and motorcycles. ``This export for now is informal but they are exporting. I know we can go back to how we were in the 70s and the 80s and even surpass it,'' he said. __He noted that low patronage and a lack of tariff protection were the main hindrance to the industry. Jalal explained that over 50 companies could supply parts of a vehicle, adding that Peugeot Automobile, which was producing over 50,000 cars yearly now produces just about 5,000. ``When your production drops to about 5,000 most of the companies supporting you will close down. We need volumes to encourage development of local content,'' he said. On tariff, he said automotive producing countries like Brazil, South Africa, Malaysia, Thailand and China had higher tariffs than Nigeria to discourage importation. __On the fair, he said that Nnewi, being the largest automotive cluster in the country, had been producing spare parts and components locally for years. ``This fair will encourage the upcoming automotive plants that have been importing their parts to look inward. ``Currently, they are mostly doing consumable items and service items that wear out quickly like break pads and filters,'' he said. NAC was set up in 1993 to implement the National Automotive Policy. The main thrust of the policy is to ensure that automotive industries survive and develop for the country's growth.
fivefilters.org featured article: Normalising the crime of the century by John Pilger |
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