Posts Tagged ‘holdings’
Thursday, September 10th, 2009 by TCPalm.com
VERO BEACH — A Nevada corporation that holds the mortgage for Vero Fashion Outlets is seeking to foreclose on the mall, according to civil lawsuit filed in Indian River Circuit Court.
LNV Corp. of Nevada is seeking $32.15 million, including principal and interest, because the mall defaulted on payments, according to the lawsuit.
“Vero (Fashion Outlets) has defaulted,” wrote attorney Kenneth Curtin, of West Palm Beach, in a lawsuit filed Aug. 26. It is assigned to Circuit Judge Paul Kanarek. No action has been taken in the civil lawsuit and the mall’s owners have not responded to the allegations. Curtin did not return calls Wednesday.
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Tags: attorney, beach, court, default, development, driving, Economy, Florida, foreclosure, foreclosures, hand, holdings, hunt, insurance, judge, lawsuit, mall, name, newspaper, pinching, polo, property, retail, special, taxes, value, web, wife
Posted in Economy, Treasure Coast business, Vero Beach | 2 Comments »
Wednesday, September 9th, 2009 by Jason Schultz
A former Jupiter Island Town Commissioner died Monday in Rhode Island in what police there are investigating as a possible suicide.
Finn Caspersen, 67, was found dead Monday at the Shelter Harbor Golf Club in Westerly, R.I. from what police believe is a self-inflicted gunshot wound, said Westerly police Capt. Edward St. Clair.
Caspersen a philanthropist, was first elected as town commissioner in Jupiter Island in 2005. He resigned on Aug. 4. Caspersen also had a home in the Shelter Harbor Golf Club where he died.
“As a public servant, policy-maker and overall gentleman, Finn Caspersen exceeded every standard of good measure,” said Jupiter Island Mayor Charles Falcone. “Stoic and soft-spoken, he did a lot of listening during town meetings before carefully weighing in with insight and informed expertise.”
An assistant reached at Knickerbocker, LLC said the family did not want to comment. No funeral information was available.
Caspersen served as the chief executive officer for the Beneficial Corp., a major financial holding company, from 1976 to 1998. More recently he was serving as the chairman of Knickerbocker, a private management company that oversaw numerous trusts and foundations. Caspersen personally donated money to Harvard Law School in Massachusetts as well as the Morristown Memorial Hospital, and schools such as the Peddie School and the Drew University Caspersen School of Graduate Studies, all in New Jersey
Longtime friend Tom McNicholas described Caspersen as “approachable and genuine” and said: “Each time I would refer to him as Mr. Caspersen he would peer over his glasses, softly chuckle and say, ‘Call me Finn.’ He was a friend and always fair to everyone.”
As a town commissioner, Caspersen was pushed for a town referendum on whether to bury power lines on the island underground. He also got involved in Martin County’s contentious debate over real estate development, paying $17,000 out of his own pocket in 2006 to bankroll a phone survey of 500 Martin County residents about their views of population growth. He also created a political action committee, Keep Martin green, that ran advertisements opposing rapid growth in the county.
“Finn had strong convictions towards protecting our environment and he invested a lot of his own money and time to support local causes like Keep Martin Green which focused on smart growth and environmental protection,” McNicholas said.
This is the second longtime Jupiter Island official to die in recent months. Town Manager Joe Connolly, a friend of Caspersen, died of Lou Gehrig’s disease just days after Caspersen resigned from the town commission in August. Deputy Town Manager Gene Rauth said the town is considering a memorial to Caspersen.
The Associated Press contributed to this story.
Tags: assets, campaign, chief, club, coach, college, commissioners, death, dies, education, election, fall, funeral, golf, holdings, hospital, informant, library, loss, losses, missing, national, politics, resigned, safety, Schools, special, surgery, utility, water, wife
Posted in Jupiter Island | No Comments »
Friday, September 4th, 2009 by Post Staff
PORT CANAVERAL — Martha Jackson was watching a wedding video with her nephew when she heard the splash.
Soon after, the Nashville, Tenn., woman heard a man yelling.
“You could hear him hollering for help,” said Jackson, who was on the last night of a four-night cruise to the Bahamas.
Authorities have not released the name of the 34-year-old Philadelphia man who jumped from his sixth-deck suite aboard the Carnival Sensation late Wednesday. The man, who was on the cruise celebrating his wedding anniversary, was rescued 1 1/2 hours later by the Disney cruise ship Wonder off the coast of southern St. Lucie County. (more…)
Tags: author, bahamas, boat, boating, celebrities, depressed, disney, drinking, emergency, Florida, holdings, hospital, ill, illness, man, Miami, mother, name, nephew, saw, search, sheriff, tires, video, water, wedding, wife, woman
Posted in Stuart | 4 Comments »
Tuesday, August 25th, 2009 by TCPalm.com
PORT ST. LUCIE — The City Council Monday night unanimously agreed to move forward with purchasing 15 acres from Tradition Outlet LLC for $10 million, a move that puts up half the state’s contribution to help a Hollywood executive set up a digital production studio.
The studio could create up to 500 jobs and bring Florida State University’s Film Studies program to the Treasure Coast.
The package includes the local governments building a 150,000-square-foot studio for Hobe Sound-based Wyndcrest Holdings, a private investment firm focused on entertainment and Internet technology headed by Jupiter Island resident John Textor.
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Tags: animation, bond, business, cash, college, communication, contract, development, digital, economic, Economy, employment, Florida, government, grants, holdings, Internet, jobs, layoffs, loss, losses, money, police, production, property, roads, salary, Schools, stimulus, students, taxes, Tradition, wyndcrest
Posted in Economy, Port St. Lucie | 2 Comments »
Thursday, August 20th, 2009 by TCPalm.com
FORT PIERCE — The Treasure Coast Opera Society will not perform for the 2009-2010 season. Finances are to blame.
“The New York State Opera closed. The Baltimore Opera closed. The Orlando Opera has closed,” said TCOS co-founder Anne Abood. “Everyone is skating on thin ice.”
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Tags: appeals, art, business, children, communication, education, holdings, imported, money, orlando, production, restaurant, Schools, train
Posted in Stuart | No Comments »
Monday, August 17th, 2009 by TCPalm.com
FORT PIERCE — After Julia Rolon-Estrada died of a gunshot wound to the artery in her leg on July 26, 2006, she was wrapped in a blue tarp and again in a green blanket before being buried in the yard of her Port St. Lucie home, near a rear sliding glass door.
A dog trained to find cadavers helped authorities locate the newly tilled grave, which was covered with a wooden pallet holding 20 mulch bags stacked on top.
Rolon-Estrada’s jailed husband, 43-year-old Albert Estrada, state prosecutors say, is the man guilty of killing his wife and high-school sweatheart, who had walked out on him the night before she died at age 39.
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Tags: accident, arrest, assault, author, body, brother, cadaver, court, death, dies, dining, dog, dogs, driving, glass, green, gun, guns, gunshot, history, holdings, jail, jobs, judge, jury, leg, man, mediation, medical, murder, murders, orlando, parents, police, roads, shooting, sister, train, trial, wife, yard
Posted in Courts, Crime | 6 Comments »
Thursday, July 30th, 2009 by Post Staff
By ALLISON ROSS
Palm Beach Post Staff Writer
PORT ST. LUCIE — A creative technology investment company plans to build a digital production studio in Port St. Lucie that could bring at least 500 jobs and a $50 million capital investment to a county struggling with a 14.1 percent jobless rate.
Hobe Sound-based Wyndcrest Holdings LLC — which focuses on
entertainment, telecommunications and Internet technology — announced Thursday that it has already begun recruiting a senior
management team for the planned 150,000-square-foot facility. It will include artist studios, office suites, screening theaters, software design studios and community access areas.
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Tags: animation, development, digital, digital domain, economic, holdings, production, video games, wyndcrest
Posted in Economy, Port St. Lucie, St. Lucie County, Treasure Coast business | 8 Comments »