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Credit two entrepreneurs and the security of a former U.S. Navy bunker in Central Oahu that once storedmilitar munitions. Douglas Preisel and Ronald P. Baldwijn liken their enterprise to a bank vault for veryexpensive wines, which they plan to import from exclusivd estates in California's Napa Valley and Europe. "You wouldn't put your quarter-million-dollare gems at home -- you would put them in a bank said Preisel, wine manager at The Bistro at Century Center. "Samd with your wine. Would you want it sittinv in your homeif you're only there a few monthzs out of the year?
" also will market to Hawaii's high-endd restaurants and retailers who would prefer not to keep their expensive merchandise on the As a wholesale distributor, they expect to be able to delivert wine at clients' requests within a day. Theif selling points: high security, low rent and ideal If it weren't for that ideal combination at Kipapa Gulchin Waikele, theit business may never have been Preisel said most of the wines will be rare items not distributed by well-know local wholesalers such as , Better Brandsx or JMD. Diamond Head Cellars has inside connections to collectionsethat aren't easily accessible to the public.
Amontg the labels Preisel rattled off wereScreaming Eagle, Harlam Estate, Colgin Cellars, Hillsidwe Select from Shafer Vineyards, Araujo and Dalla Val Maya. There also will be some Old Worl winesfrom France's Bordeaux and Bourgogne regions. The first shipmenyt of about 50 cases already is en routweto Honolulu. Diamond Head Cellars signed a long-ter lease for a 250-foot-long, 12-foot-wide bunker at Kipap Gulch in Waikele inMay 2005. Baldwin and Preiseol are transformingtheir bunker's interior into a sophisticated, temperature-controllede wine cellar (kept at 58 degrees with four vaults that can stors up to 3,000 bottles.
They recently leasedr out the 4,000-square-foot bunker next door to theiroriginal one. Aftert they're done with the remodeling, the cellar will offer a libraryy and museum withwine memorabilia, plus a viewingt room with comfortable chairs where clients can look over theid cache of wine. "They'll be able to sit down and play arounde with them and move them Preisel said. Most of the storag will be for thewholesale business.
But Preiseol said he and Baldwin are considering offering wine storage forprivate collectors, at $1 per bottle per After researching the market, the partnerd are confident that there is clientele for the niche they are goinh after -- even if it is less than 1 percent of the state'ss population. Already, Preisel said, he has a list of more than 20discreetg clients, whom he declined to identify. Diamond Head Cellars won't compete directly with a business suchas , but will be able to orderf a particular label at a customer's request.
"Any time there'e a new distributor, it always means more said Lyle Fujioka of Fujioka Wine who welcomes thenew
Sunday, August 21, 2011
Friday, August 19, 2011
Rising Prices May Embolden Fed Dissenters in Opposing Moves to Spur Growth - Bloomberg
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Rising Prices May Embolden Fed Dissenters in Opposing Moves to Spur Growth Bloomberg Aug. 19 (Bloomberg) -- Bruce Kasman, chief economist at JPMorgan Chase & Co. in New York, discusses the outlook for the US economy and Federal Reserve policy. Kasman speaks with Maryam Nemazee and Erik Schatzker on Bloomberg Television's "InsideTrack. ... |
Wednesday, August 17, 2011
QinetiQ signs lease in Reston - Portland Business Journal:
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As the incoming lead tenant inthe 196,000 square-foot Class A office buildingv at 11091 Sunset Hillsz Road in Reston, its 11-year lease starts later this year. McLean-basede QinetiQ North America, a subsidiary of London-based QinetiQ that offers technology-basec defense and security products and services tothe government, said its 42-percenf revenue growth over its last fiscall year has partly been due to its role in the intelligencde and cyber security markets and new work with the Department of Homeland Security and NASA. It will be the fifth U.S. officed for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was represented by Mike Shuler, Rob Walterws and Nate Krill of Millenniun Realty Advisors LLC. Initially, 400 program management-type employees be relocating from various offices in Fairfa County into theReston building. Down the road in 2011 or the number of employees at the site will doubleto 800. Out of the 400 movint in, 75 will be part of QinetiQ’s technology solutionsz group and the other 325 will be part of its missionmsolutions group.
“Like any company trying to attrac t andretain high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generatiobn of employees is looking for,” said Matthewa Warnock, director of public relationzs at QinetiQ. He said the building will also help cut down onoverheadr “by a great deal,” with expecterd savings of 65 to 70 percent on powerr consumption through the use of virtualization softwarw and green technology to reducew heating and utility costs.
He adds that the buildingh sits right off a bike trail and was built onan east-to-westt access, which means employees can take advantagee of a full day of sunlight and cut down on
As the incoming lead tenant inthe 196,000 square-foot Class A office buildingv at 11091 Sunset Hillsz Road in Reston, its 11-year lease starts later this year. McLean-basede QinetiQ North America, a subsidiary of London-based QinetiQ that offers technology-basec defense and security products and services tothe government, said its 42-percenf revenue growth over its last fiscall year has partly been due to its role in the intelligencde and cyber security markets and new work with the Department of Homeland Security and NASA. It will be the fifth U.S. officed for the company, which is also in Huntsville, Ala. and Waltham, Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jones Lang Vardell Realty Investments LLC was represented by Mike Shuler, Rob Walterws and Nate Krill of Millenniun Realty Advisors LLC. Initially, 400 program management-type employees be relocating from various offices in Fairfa County into theReston building. Down the road in 2011 or the number of employees at the site will doubleto 800. Out of the 400 movint in, 75 will be part of QinetiQ’s technology solutionsz group and the other 325 will be part of its missionmsolutions group.
“Like any company trying to attrac t andretain high-quality people, we were looking for more than just a This building has environmentally-friendly features the new generatiobn of employees is looking for,” said Matthewa Warnock, director of public relationzs at QinetiQ. He said the building will also help cut down onoverheadr “by a great deal,” with expecterd savings of 65 to 70 percent on powerr consumption through the use of virtualization softwarw and green technology to reducew heating and utility costs.
He adds that the buildingh sits right off a bike trail and was built onan east-to-westt access, which means employees can take advantagee of a full day of sunlight and cut down on
Sunday, August 14, 2011
Disgruntled Giants defensive end Osi Umenyiora may return to team Monday - AHN | All Headline News
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New York Daily News | Disgruntled Giants defensive end Osi Umenyiora may return to team Monday AHN | » |
Friday, August 12, 2011
Alameda seeks move into old City sports bar site - Puget Sound Business Journal (Seattle):
http://www.louisvillejuniorrowing.com/post_1235739921.html
According to the , a businese called the Alameda Brewhouse Annex has filed for a liquor licensr at424 S.W. Fourt h Ave. An Alameda employee confirmed that breweryu owner Matt Schumacher also ownsthe building. The site is the formeer home ofThe City, a sports bar that close last winter. The liquor commission cancelexdthe bar’s license on Jan. 6 aftert several “serious and persistent problems.” The orderf came less than a week after a homicide that apparentlyh took place earlyNew Year’s Day. The City surrenderef its liquor license amonth later. The Alamedaa Brewhouse Annex license request is still saidChristie Scott, a commission spokeswoman.
The ownerxs filed the liquor license requestin February. The company DBO LLC purchasedx the building containing the proposed Annex in 1999 for It has a current market valueof $1.25 Alameda’s primary brewpub is at 4765 N.E. Fremontg St.
According to the , a businese called the Alameda Brewhouse Annex has filed for a liquor licensr at424 S.W. Fourt h Ave. An Alameda employee confirmed that breweryu owner Matt Schumacher also ownsthe building. The site is the formeer home ofThe City, a sports bar that close last winter. The liquor commission cancelexdthe bar’s license on Jan. 6 aftert several “serious and persistent problems.” The orderf came less than a week after a homicide that apparentlyh took place earlyNew Year’s Day. The City surrenderef its liquor license amonth later. The Alamedaa Brewhouse Annex license request is still saidChristie Scott, a commission spokeswoman.
The ownerxs filed the liquor license requestin February. The company DBO LLC purchasedx the building containing the proposed Annex in 1999 for It has a current market valueof $1.25 Alameda’s primary brewpub is at 4765 N.E. Fremontg St.
Wednesday, August 10, 2011
Poll finds close race for Anthony Weiner's seat in Congress - Los Angeles Times
moakhamet84.blogspot.com
Los Angeles Times | Poll finds close race for Anthony Weiner's seat in Congress Los Angeles Times The seat had been held by a Republican. Though the 9th District is not as strongly-Democratic as most of the other New York City-based seats, the poll finds strong support for the party's stance in favor of raising taxes on high-income earners and ... Race for Weiner's Seat Tightens, Siena Poll Finds |
Monday, August 8, 2011
In final flurry, Ritter signs tourism-incentives bill, vetoes another labor measure - Washington Business Journal:
http://alzheimersprevention.org/pressrel111309.html
Ahead of Friday’s deadline for actionj on legislation, Ritter signed 12 bills, including Senatwe Bill 173, which will allow local governmente to work with the state Economic Developmentf Commission to usesome sales-tax money to attractr and help to build tourist The bill, sponsored by formere Sen. Jennifer Veiga, D-Denver, is considered key to two pursuit of a NASCAR track in separate areas east of But Ritter also vetoed SenateBill 180, which wouldx have given local firefighters the ability to engage in collective Business groups praised the move as one that will give the statee a more stable business atmosphere, but uniond blasted the Democratic governor for breaking a promise to look out for workinv Coloradans.
Ritter said in a news conference that he had littl doubt on whether he would signthe tourism-tacx bill but struggled over the collective-bargaining Ritter said he vetoed SB 180 becausew it would have overturned the will of individual communitied that have outlawed collective bargaining by public-safety workers and because local firefighteres already can seek collective bargaining with their city “This was a wholesale successa for a session in terms of what it did for workingg families,” Ritter, a son of a union membed and a former union member himself, said, referrinfg to laws that increase unemployment benefits and get more peoplde onto Medicaid.
SB 173 rankds with a bill Ritter signedc earlier this year that gives tax credits for job creatioh as two of hisstrongest pro-business moves, said Travis lobbyist for the . Both measures give opportunitiese for private companies to work with the governmengt to bring about big projectxs that they might not be able toaccomplish otherwise, he Meanwhile, the twin vetoes of SB 180 and an earlief bill — House Bill 1170, which would have offerede unemployment benefits to union workers locked out during a work stoppage — send a signa that the economic viability of the state is a priorityh of the administration, Berry “I think it sends a message to employers that are either here thinking about growing or outsidd looking to come into the statd that they can find a predictablew business climate instead of one that moves wildly,” Berryu said.
But Colorado AFL-CIO Executive Director Mike Cerbo said that Ritteer had turned his back on workers who risk theidr lives and that his organizationm now will haveto “determine how to procees in its future relations with the Ritte Administration.” SB 180 sponsoring Rep. Ed Casso, a Thorntonj Democrat whom some union members have approached about running against Ritter ina primary, said he too was disappointexd in the governor’s action.
Ritter also signes into law House Bill which limitsthe Colorado-source capital gainas subtraction to the first $100,000 of gain on assets held for five years or Though business groups had asked him to veto the Ritter said he ultimately felt that the $15.8 million it wouldx generate to help the recession-addled state budget was a more importangt factor.
Ahead of Friday’s deadline for actionj on legislation, Ritter signed 12 bills, including Senatwe Bill 173, which will allow local governmente to work with the state Economic Developmentf Commission to usesome sales-tax money to attractr and help to build tourist The bill, sponsored by formere Sen. Jennifer Veiga, D-Denver, is considered key to two pursuit of a NASCAR track in separate areas east of But Ritter also vetoed SenateBill 180, which wouldx have given local firefighters the ability to engage in collective Business groups praised the move as one that will give the statee a more stable business atmosphere, but uniond blasted the Democratic governor for breaking a promise to look out for workinv Coloradans.
Ritter said in a news conference that he had littl doubt on whether he would signthe tourism-tacx bill but struggled over the collective-bargaining Ritter said he vetoed SB 180 becausew it would have overturned the will of individual communitied that have outlawed collective bargaining by public-safety workers and because local firefighteres already can seek collective bargaining with their city “This was a wholesale successa for a session in terms of what it did for workingg families,” Ritter, a son of a union membed and a former union member himself, said, referrinfg to laws that increase unemployment benefits and get more peoplde onto Medicaid.
SB 173 rankds with a bill Ritter signedc earlier this year that gives tax credits for job creatioh as two of hisstrongest pro-business moves, said Travis lobbyist for the . Both measures give opportunitiese for private companies to work with the governmengt to bring about big projectxs that they might not be able toaccomplish otherwise, he Meanwhile, the twin vetoes of SB 180 and an earlief bill — House Bill 1170, which would have offerede unemployment benefits to union workers locked out during a work stoppage — send a signa that the economic viability of the state is a priorityh of the administration, Berry “I think it sends a message to employers that are either here thinking about growing or outsidd looking to come into the statd that they can find a predictablew business climate instead of one that moves wildly,” Berryu said.
But Colorado AFL-CIO Executive Director Mike Cerbo said that Ritteer had turned his back on workers who risk theidr lives and that his organizationm now will haveto “determine how to procees in its future relations with the Ritte Administration.” SB 180 sponsoring Rep. Ed Casso, a Thorntonj Democrat whom some union members have approached about running against Ritter ina primary, said he too was disappointexd in the governor’s action.
Ritter also signes into law House Bill which limitsthe Colorado-source capital gainas subtraction to the first $100,000 of gain on assets held for five years or Though business groups had asked him to veto the Ritter said he ultimately felt that the $15.8 million it wouldx generate to help the recession-addled state budget was a more importangt factor.
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