Tagsco-opsmidtown manhattanReal Estate Lawsuits In a memo filed last week, attorneys for Froum called the default notice a “pressure tactic” which amounted to a threat of eviction.Froum, a dental surgeon whose practice occupies a ground-floor unit at the cooperative, is the sole shareholder whose windows haven’t been replaced. The work, his attorneys argue, would close “an essential surgical facility during the height of the worst pandemic in generations.”His attorneys estimate that closing his office would cost Froum $500,000 in lost income and other costs.Attorneys for Froum declined to comment. Attorneys for the co-op did not return a request for comment.Froum’s office stayed open, as allowed, during New York City’s spring lockdown. From March 16 to June 12, with the city largely shut to stop the spread of the coronavirus, Froum performed 110 emergency surgeries — which his lawyers said kept those patients out of badly needed hospital beds. Since then, he’s seen more than 500 patients.Froum has operated his dental practice in the Rockefeller Apartments — where a penthouse currently asks $2.5 million — for more than 30 years.The 12-story building, which sits across from the garden of the Museum of Modern Art, features rounded bay windows, fireplaces and an internal garden courtyard. Commissioned by John D. and Nelson Rockefeller, and completed in 1936, the landmarked International Style building was built for well-heeled business people working at the nearby Rockefeller Center.The co-op, which was landmarked in 1984, was built with 15 percent more light than building codes required at the time. Once gleaming, the steel-framed windows have deteriorated over the past 85 years. In 2018, a plan was crafted to overhaul them.Mark Jones, the president of the co-op board, said in an affidavit that the windows are an eyesore — and Froum’s, in particular, are hard to ignore.“There is also the harm, even if intangible or difficult to quantify, of the discordant and dilapidated windows on the front of the 54th Street building, immediately adjacent to its entry, that devalue the building and offend the other shareholders,” Jones said.But the planned renovation is more than a cosmetic fix, the co-op’s attorneys argued. In 2017, the Department of Buildings issued a violation in part because of the windows’ rusty frames. In 2018, the building incurred another violation for a cracked pane on the seventh floor. Both violations are resolved.Attorneys for the Rockefeller Apartments say the window replacement project is the product of years of research and investigation to assemble a team to replace more than 625 windows. If the completion of the project is put off much longer, they argue, the team of architects, engineers, asbestos abatement specialists and project managers may move on to other work.Attorneys for Froum, however, argue that “ship has already sailed,” and the construction team has already disbanded.Contact Georgia Kromrei Share via Shortlink Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message* Full Name* 17 West 54th Street and Stuart Froum (Google Maps, Linkedin)A periodontist at a landmarked Midtown co-op is fighting a window renovation that he argues would close his dental practice and cost him half a million dollars.Stuart Froum is up against the co-op board of 17 West 54th Street, which says he is gumming up a badly-needed $16 million overhaul of the building’s decrepit windows.On Dec. 7, days before the renovation was to begin, attorneys for the practitioner filed for an injunction to keep his office open, and state Supreme Court Judge Barry Ostrager granted a temporary restraining order. Three weeks later, attorneys for the co-op fired back with a 30-day notice to cure — warning that the 76-year old dental surgeon’s lease would be terminated if he didn’t cooperate with the window installation.Read moreCuomo exempts construction from virus orderWine scion bottles up apartment
Message* The law mandates that corporations, limited liability companies and even limited partnerships report the name, date of birth, address and a unique identifying number for each beneficial owner.The companies must file the information with the Financial Crimes Enforcement Network. While it would not be public, financial institutions could request it with the consent of the company that reported it. Existing companies have two years to comply with the new rules.Vance also called for Treasury to expand the “Know Your Customer” rules in the Patriot Act, which require banks to make an effort to verify the identity of those they do business with. Vance wants the agency to expand that requirement to private equity firms, the real estate industry and lawyers involved in large transactions.Terri Adler, who chairs the real estate practice group at law firm Duval & Stachenfeld, said Vance should let the Corporate Transparency Act roll out before expanding it. She said additional reporting requirements, particularly those that make personal information public, could drive investors to markets which provide more anonymity.“If you want to use a special purpose entity to buy your Florida condo, and you don’t want people to come to your home and stalk you, that should be okay,” said Adler. “A chill on real estate transactions will happen if this becomes some expansive witch hunt.”The attorney said the phrase “shell company” has taken on an undeservedly negative connotation.“In reality, every real estate transaction on the commercial side is done through a special-purpose entity that creates an isolation of liability and bankruptcy risk so that the lender knows there aren’t other liabilities and other risks, and so it can accurately assess ownership and predict value,” she said.The reporting requirements mandated by the Corporate Transparency Act would curb the use of LLCs to launder money, Adler said. The law also provides some important carveouts — for banks, publicly traded companies, insurance companies and nonprofits, as well as any company that employs more than 20 full-time employees in the U.S. or has a physical office here, or generates more than $5 million in gross receipts annually.Contact Georgia Kromrei Share via Shortlink Cyrus Vance (Getty, iStock/Illustration by Alexis Manrodt for The Real Deal)A month after a federal law required more transparency on real estate transactions, Manhattan District Attorney Cyrus Vance wants it expanded.Vance is requesting the Treasury Department mandate more reporting from special purpose entities — notably limited liability companies — which are commonly used in commercial real estate deals.Vance also asked Treasury on Monday to end anonymous, all-cash purchases of homes. He said the agency could do that by requiring Geographic Targeting Orders on all such transactions. GTOs require title insurance companies to collect and report information about the people behind the deals.Vance said that information has been used to expose money-laundering schemes in a dozen metropolitan areas, including New York, but the Treasury Department should make it possible to get names faster and more easily.“Implementing these measures would signal a new era of anti-corruption, equal justice, and accountability for white-collar criminals in America,” said the district attorney.Vance’s push for expanded reporting comes on the heels of the passage of the Corporate Transparency Act, which became law on Jan. 1.Read moreCourt ends DA’s push to prosecute ManafortLeaked bank documents show South Florida real estate’s alleged ties to money launderingCongress re-examines bill that would expose beneficial owners of LLCs Full Name* Tags cyrus vanceLLCsMoney Laundering Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address*
Message* The eviction ban imposed by the agency in September was extended through March 31 by President Joe Biden in late January.ADVERTISEMENTAccording to a Census Bureau survey published this month, about 20 percent of adult renters said they did not pay their February rent. The nonpayment rate was nearly 33 percent among Black renters.At least two federal judges have ruled the CDC lacks the power to suspend evictions, but they have not changed the policy while the agency appeals. Landlords say the measure effectively requires them to provide housing for free, as they have no recourse if tenants do not pay.“Short-term policies like eviction moratoria leave renters accruing insurmountable debt and jeopardize the ability for rental housing providers to provide safe, affordable housing,” Bob Pinnegar, president of the National Apartment Association, told CNBC.In a joint statement with the National Multifamily Housing Council, the landlord group called the extension deeply disappointing.“After grappling with the financial distress of the pandemic and eviction moratoriums for more than a year, housing providers have few resources left,” the statement said. “Another extension only serves to exacerbate the challenges facing the rental housing industry and does not address the underlying financial stress of apartment residents.”A rent backlog of $57 billion had accrued as of January, leading to predictions of a reckoning for tenants.Housing experts said the CDC’s extension was necessary because $45 billion in rental, utility and mortgage assistance in Biden’s $1.9 trillion stimulus package will require a few months to be disbursed.[CNBC] — Akiko MatsudaContact Akiko Matsuda Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Tags CDC director Dr. Rochelle Walensky (Getty, iStock)A few days before its expiration, the national eviction ban was extended for another three months.The Center for Disease Control and Prevention announced Monday it will continue the moratorium through June.“Keeping people in their homes and out of crowded or congregate settings — like homeless shelters — by preventing evictions is a key step in helping to stop the spread of Covid-19,” CDC director Dr. Rochelle Walensky said in a statement, CNBC reported.Read moreHow a socialist on City Planning Commission would affect real estateLawmakers rush to pass more limits on residential evictions“Can’t live for free”: Weekly rental tenants face eviction despite ban Share via Shortlink Full Name* evictionMultifamily MarketRental MarketResidential Real Estate
A topic of current interest to Antarctic marine biologists is the possibility of a biome at considerable distances from the open sea under the vast, permanent ice shelves that fringe areas of Antarctica. Such biological information is one of the aims of the present Ross Ice Shelf project1, an attempt to drill through ice 500 m thick at 82°30′S, 166°00′W, a site 450 km from the ice front in the Ross Sea. We have already obtained, under unusual circumstances, direct evidence of a biome under shelf ice at least 100 km from the open sea.
This paper compares winter soil temperatures at five high arctic sites (Ny Alesund, West Spitsbergen) and one subarctic site (Slattatjakka, Abisko) during 1992/93 and 1993/94. At the high arctic sites snow cover afforded slight insulation where minimum air temperatures were as low as -32 degrees C (March 1993). However, snow did not accumulate significantly until late winter, by which time the ground had cooled to approximately -20 degrees C. The polar night aided soil cooling by minimizing solar heat gain. Soil temperatures at 3 cm depth during the autumn freeze were initially higher than surface temperatures, but once frozen, the zone inhabited by soil microarthropods (approximately 10 cm depth) remained isothermal and closely tracked air temperature. By contrast, throughout the spring thaw, the soil at 3 cm depth was cooler than the surface. Hence, snow cover reduced absolute minimum temperatures in late winter but prolonged the effective winter period. Hence soil organisms may be inactive for up to 79% (289 d) of the year, owing to the extended period that the ground is frozen. The incidence of daily ground freeze/thaw events was reduced at high arctic sites compared with a subarctic location. Similarly, there were differences in temperature means and minima at the adjacent high arctic sites dependent on location and topography; for example, on opposite coasts of the Broggerhaloya, West Spitsbergen the minimum temperatures in 1993/94 were -15.7 degrees C (Stuphallet) and -8.2 degrees C (Kjaerstranda). Terrestrial microarthropods inhabiting sites with late snow accumulation and cold air temperatures experience extreme low soil temperatures and hence require effective cold-hardiness strategies.
Analytical determination of power-law index for the Chapman et al. sandpile (FSOC) analog for magnetospheric activity – a renormalization-group analysis
Recent suggestion and experimental indications that the magnetotail dynamics exhibit self-organized critical behavior have re-motivated interest in sandpile (avalanche) models. Some examples of specific interest for geomagnetic activity have the property that internal avalanches exhibit inverse power law statistics whereas systemwide avalanches have a well-defined mean. Here, we apply the concept of renormalization group to such a model. We demonstrate that invariant analysis based on the renormalization-group theory can explain the power law distribution of energy release by internal avalanches in the large-scale regime of these systems.
High-time resolution conjugate SuperDARN radar observations of the dayside convection response to changes in IMF By
We present data from conjugate SuperDARN radars describing the high-latitude ionosphere’s response to changes in the direction of IMF By during a period of steady IMF Bz southward and Bx positive. During this interval, the radars were operating in a special mode which gave high-time resolution data (30 s sampling period) on three adjacent beams with a full scan every 3 min. The location of the radars around magnetic local noon at the time of the event allowed detailed observations of the variations in the ionospheric convection patterns close to the cusp region as IMF By varied. A significant time delay was observed in the ionospheric response to the IMF By changes between the two hemispheres. This is explained as being partially a consequence of the location of the dominant merging region on the magnetopause, which is ~8-12RE closer to the northern ionosphere than to the southern ionosphere (along the magnetic field line) due to the dipole tilt of the magnetosphere and the orientation of the IMF. This interpretation supports the anti-parallel merging hypothesis and highlights the importance of the IMF Bx component in solar wind-magnetosphere coupling.
Efforts to control climate change require the stabilization of atmospheric CO2 concentrations. This can only be achieved through a drastic reduction of global CO2 emissions. Yet fossil fuel emissions increased by 29% between 2000 and 2008, in conjunction with increased contributions from emerging economies, from the production and international trade of goods and services, and from the use of coal as a fuel source. In contrast, emissions from land-use changes were nearly constant. Between 1959 and 2008, 43% of each year’s CO2 emissions remained in the atmosphere on average; the rest was absorbed by carbon sinks on land and in the oceans. In the past 50 years, the fraction of CO2 emissions that remains in the atmosphere each year has likely increased, from about 40% to 45%, and models suggest that this trend was caused by a decrease in the uptake of CO2 by the carbon sinks in response to climate change and variability. Changes in the CO2 sinks are highly uncertain, but they could have a significant influence on future atmospheric CO2 levels. It is therefore crucial to reduce the uncertainties.
At present, anthropogenic halogens and oceanic emissions of Very Short-Lived Substances (VSLS) are responsible for stratospheric ozone destruction. Emissions of the, mostly long-lived, anthropogenic halogens have been reduced, and as a consequence, their atmospheric abundance has started to decline since the beginning of the 21st century. Emissions of VSLS are, on the other hand, expected to increase in the future. VSLS are known to have large natural sources; however increasing evidence arises that their oceanic production and emission is enhanced by anthropogenic activities. Here, we introduce a new approach of assessing the overall impact of all oceanic halogen emissions on stratospheric ozone by calculating Ozone Depletion Potential (ODP)-weighted emissions of VSLS. Seasonally and spatially dependent, global distributions are derived exemplary for CHBr3 for the period 1999–2006. At present, ODP-weighted emissions of CHBr3 amount up to 50% of ODP-weighted anthropogenic emissions of CFC-11 and to 9% of all long-lived ozone depleting substances. The ODP-weighted emissions are large where strong oceanic emissions coincide with high-reaching convective activity and show pronounced peaks at the equator and the coasts with largest contributions from the Maritime Continent and West Pacific. Variations of tropical convective activity lead to seasonal shifts in the spatial distribution of the ODP with the updraught mass flux explaining 71% of the variance of the ODP distribution. Future climate projections based on RCP8.5 scenario suggest a 31% increase of the ODP-weighted CHBr3 emissions until 2100 compared to present values. This increase is related to larger convective activity and increasing emissions in a future climate; however, is reduced at the same time by less effective bromine-related ozone depletion. The comparison of the ODP-weighted emissions of short and long-lived halocarbons provides a new concept for assessing the overall impact of oceanic bromine emissions on stratospheric ozone depletion for current conditions and future projections.
Left in the cold? Evolutionary origin of Laternula elliptica a keystone bivalve species of Antarctic benthos
The large, burrowing bivalve Laternula elliptica is an abundant component of shallow-water soft-substrate communities around Antarctica but its congeners are temperate and tropical in distribution and their phylogenetic relationships are obscure. A new molecular analysis of Laternulidae species shows that there are two distinct clades, one of Exolaternula species, E. spengleri and E. liautaudi, possessing a ligamental lithodesma and a larger clade of species lacking the lithodesma. Of the latter, Laternula elliptica is a sister taxon to temperate and tropical species, including those that live around the coasts of Australia from Tasmania to Darwin. It is suggested that L. elliptica was left isolated around Antarctica following the opening of the Tasman Gateway and initiation of the Circum-Antarctic Current as Australia drifted northwards following the final breakup of Gondwana. A further scenario is that as Australia moved closer to Asia, species spread into tropical habitats and more widely to the Red Sea and Japan. Exolaternula species have a likely Tethyan origin and the present-day range is from the Arabian Gulf, around southern Asia and as far north as southern Russia.