Ketchikan students explore the world of drones

first_imgEducation | Science & Tech | SoutheastKetchikan students explore the world of dronesJanuary 30, 2016 by Ruth Eddy, KRBD Share:Hannah Moody pilots a drone at Point Higgins Elementary. (Photo by Ruth Eddy/KRBD)For the past few months, sixth-graders at Point Higgins Elementary have been learning about earthquakes, tsunamis and flying drones as a part of a tsunami marine debris monitoring program.Point Higgins Elementary has two sixth-grade classes, and they work separately throughout the week. But, on Friday after lunch, the two classes combine. Teachers and students like Carson Cowan said it’s a good way to end the week.“It’s good to be not working a whole lot on math and stuff like that all the time. It’s better to get a break,” Cowan said.Teacher Janice Wood said the tsunami debris project doesn’t cost the school a dime, and the curriculum ties in with state standards. The break from the ordinary proves to be a great incentive for students.Not everyone gets a chance to fly the drones every week, but it is the highlight. Students have a list of flying skills to master. Hannah Moody reads the upcoming task to her group.“From your home point fly to center point 10 feet away. Maintain a 5-foot altitude throughout your challenge and hover for five seconds. Fly forward 5 feet, hover for five seconds, return to your center point. Wow,” Moody said.The drone has four spinning blades and is about as big as a school notebook. The girls give it a whirl using a hand-held controller.Jordyn Smith says she could tell she was getting better. “It’s kind of hard to keep it in one spot and keep it from running into people. My brother has helicopters but I’ve never flown them.”Every two weeks, the groups rotate through other stations where they research and prepare presentations on related topics, such as tectonic plates, earthquakes and tsunamis.“Yes, I knew that they were big waves, but I didn’t know all this information yet, like how fast they can go,” says Julia Spigai. “Travel 800 miles and at a speed of 500 miles per hour, the speed of a plane. I was shocked when I heard that like, wow, I don’t want to be in a tsunami.”On that note, she also included ways to stay safe during a tsunami including information specific to Ketchikan.Teacher Marisa Frey says working on the iPad is developing another important skill set.“They’re practicing using their Google accounts that the district provides,” Frey said. “So, they’re working on emailing, which will be a huge skill for them next year. So, that’s really good practice sending big documents like that to us and sharing it.”Over the summer, both teachers got some flying lessons so they could teach, but say the students overall are doing much better than they did.Carson Cowan thinks he may be the best pilot at the school, having completed five out of the 12 levels. His secret? “I guess just not playing a whole lot of video games because it’s really touchy. An Xbox controller they’re not real sensitive because you have to move the joy stick a lot more than you do with these.”The program is supposed to continue all the way through high school, where students eventually will upgrade to more expensive drones with cameras to map otherwise hard-to-reach coastline, and catalog debris.For now, though, they are working on the basics.Share this story:last_img read more

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News / CMA CGM and Zim blame rising fuel costs as they join the list reporting Q1 losses

first_img By Mike Wackett 29/05/2018 The CMA CGM AMERIGO VESPUCCI in the port of Rotterdam CMA CGM and Zim each posted first-quarter losses last week.Both pinned the blame on escalating fuel costs, joining their container shipping peers in what has been a dismal first quarter.CMA CGM chairman and chief executive Rudolphe Saade said of the line’s net loss of $77m: “The shipping industry is experiencing sustained growth but was hit in the first quarter by the sharp increase in bunker prices.”Most carriers last week announced they were imposing emergency bunker surcharges (EBSs), on top of their FAK and contract rates.And the impact of the hike in oil prices, propelling the cost of heavy fuel oil from around $350 to over $425 per tonne since January, will also have inflicted significant damage to carrier second-quarter balance sheets.However, quarter-on-quarter, CMA CGM grew volumes by 15% to 4.95m teu, well above the industry par, which it attributed to the “commercial success” of the Ocean Alliance offering, along with the “strong momentum” of its African, US and South American services and the integration of its new Latin American subsidiary, Mercosul, acquired from Maersk.Q1 turnover was up 17.1%, to $5.4bn, but the carrier admitted its average revenue per container only rose “slightly” compared with the same period a year ago.CMA CGM’s EBS of $55 per teu is effective from 1 June on all trades other than those regulated by the FMC and Taiwan, where it will start on 1 July.Maersk Line is asking customers for an EBS of $60 per teu from 1 June, which, according to a client note today by investment banker Jefferies said would, if successfully implemented, “largely compensate” for the fuel cost increase.The Jefferies analysts however cautioned that Maersk’s “Asian peers”, like Cosco and OOCL, “seem more reluctant” to impose a blanket fuel surcharge.And, the larger contracted shippers may refuse to accept the EBS. In a LinkedIn blog yesterday, Bjorn Vang Jensen, vice-president of global logistics at Electrolux, said that although he had “sympathy for the carriers’ challenges”, contracts had been entered into recently by both parties with “eyes wide open”, and that there was always a risk attached to doing business “which we accept, and which we expect that our suppliers accept too”.Mr Vang Jensen said his company had so far not been approached for an EBS, but “any carrier tempted to come to me directly now knows what to expect”.Meanwhile, Israeli carrier Zim posted a net loss of $26.1m for the first quarter, which compares with a profit of $2.6m in the first quarter of 2017. It also blamed increased bunker prices, “higher charter costs and lower freight rates”.And like CMA CGM, Zim also appears to have targeted increased market share, its volumes jumping 16.7% on the same period last year, to 698,000 teu.Zim’s revenue was up 14.7% to $751m, but average revenue per teu fell 1.6% to $938.Looking ahead, CMA CGM claimed the prospects for the second half were better, given that freight rate increases, cost reduction initiatives and the EBS “should bear fruit”.But Alphaliner was not so optimistic. It said: “The chances for a substantial recovery in the coming quarters are rapidly diminishing.”last_img read more

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Citizens in St. James Benefit from Free Health Services

first_imgRelatedCitizens in St. James Benefit from Free Health Services FacebookTwitterWhatsAppEmail Some 3,500 citizens from St. James and adjoining parishes are benefiting from free health services, which are being provided by some 25 medical volunteers from the United States.The services, which include blood pressure checks, breast, eye and dental examinations, are being offered at the 12th annual Montego Bay/Atlanta Sister Cities Health Fair, which is being held at the St. John’s Methodist Church Action Centre from October 8-11.The annual event is an outreach programme of the St. James Parish Council in collaboration with the St. James Health Department, with contributions from the Ministry of Health.Several of the medical volunteers were also dispatched to clinics in St. James including Catadupa, Adelphi, Catherine Hall, Stonehenge and Maroon Town.Honorary Consul to Atlanta, Vin Martin, who is head of the health mission, told JIS News that his team was committed to the programme and was seeking to expand the health fairs to three for the parish each year.“We are doing this not because anyone has asked us to, but because we feel a sense of commitment to a system. We do think that this area, that of health care, is one in which we can make the most immediate impact in the respective communities,” he stated.Courtney Fray, a medical volunteer from Atlanta, who grew up in Jamaica, told JIS News that being a part of the health mission was his way of giving back to the island.“Coming here to give service to people really feels good,” Mr. Fray told JIS News. As a person who grew up here in Jamaica and attended school at Kingston College, it is pleasing to be able to come back and give back to my country. I don’t think I do anything more gratifying than this all year,” he stated. Over the past 12 years, the Montego Bay/Atlanta Sister Cities Health Fair has addressed the medical needs of approximately 33,000 persons at a cost of over $50 million. RelatedCitizens in St. James Benefit from Free Health Services Citizens in St. James Benefit from Free Health Services UncategorizedOctober 10, 2007center_img RelatedCitizens in St. James Benefit from Free Health Services Advertisementslast_img read more

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Planning Underway for Massive Home-Coming for Jamaica’s Olympic Team

first_imgFacebookTwitterWhatsAppEmail Prime Minister, Bruce Golding, this morning (Aug. 21), held an initial meeting at Jamaica House, to discuss plans for a massive home-coming and celebration for Jamaica’s Olympic Team.The details of the plans will be announced next week when the committee, headed by Sports Minister, Olivia ‘Babsy’ Grange, will have its official full working session.Based on the initial discussions this morning, the celebrations will kick off with a Thanks-giving Church Service, to be followed by three-days of celebration and festivities, at different venues throughout the island. The Committee is also working on details of rewards and recognition, to be given to members of the Olympic Team.Yesterday, Prime Minister Golding announced the setting up of the special committee, to plan the Olympic team’s home-coming and celebrations. He said part of the committee’s mandate, would be to identify a special way for the country to honour and memorialise the tremendous performance of the Olympians. Mr. Golding said the athletes have performed far beyond expectation and that this is a reminder of just how powerful and talented Jamaicans are and what its people can achieve. RelatedPlanning Underway for Massive Home-Coming for Jamaica’s Olympic Team RelatedPlanning Underway for Massive Home-Coming for Jamaica’s Olympic Team Planning Underway for Massive Home-Coming for Jamaica’s Olympic Team UncategorizedAugust 25, 2008center_img RelatedPlanning Underway for Massive Home-Coming for Jamaica’s Olympic Team Advertisementslast_img read more

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Basketball, cross-country, skiing, more: Catch the Buffs in postseason action

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: March 10, 2021 Buffs in several sports are competing in postseason matches, including men’s basketball Pac-12 quarterfinals; NCAA cross-country, skiing and indoor track championships; and more. Here’s what’s coming up.Men’s basketballPac-12 quarterfinals: 9:30 p.m. Thursday, March 11, on ESPNPac-12 semifinals: Friday night, March 12Pac-12 finals: Saturday night, March 13NCAA tournament selection show: Starts at 6 p.m. Sunday, March 14, on CBSVisit the Pac-12 website for upcoming game times.Women’s basketballNCAA tournament selection show: Starts at 5 p.m. Monday, March 15, on ESPNGet more details on the women’s tournament from NBC Sports.Cross-countryNCAA championships for men’s and women’s teams: Monday, March 15, on ESPNUGet more details on the NCAA site.SkiingNCAA championships: March 10–14, on NCAA.comGet more details on the NCAA site. Plus, read about legendary Coach Richard Rokos leading up to his final NCAA championships.Indoor trackNCAA championships: March 12–13 on ESPN3Sage Hurta will be competing in the mile on Friday and Saturday. She has the best time in the nation this season. Finals are Saturday.Categories:AthleticsCampus Communitylast_img read more

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Residents Benefit from Refurbished Mavis Bank Health Centre

first_imgRelatedResidents Benefit from Refurbished Mavis Bank Health Centre RelatedResidents Benefit from Refurbished Mavis Bank Health Centre Advertisements Residents Benefit from Refurbished Mavis Bank Health Centre Health & WellnessMarch 22, 2013center_img FacebookTwitterWhatsAppEmail Some 10,000 residents from 27 districts in east rural St. Andrew are benefitting from the recent upgrading and equipping of the Mavis Bank Health Centre.The facility was refurbished at a cost of $20 million by the Jamaica Social Investment Fund (JSIF), with financial support from the Basic Needs Trust Fund (BNTF), a project of the Caribbean Development Bank (CDB).Rehabilitation works included: re-roofing; construction of bathroom and laundry facilities; electrical re-wiring; erection of perimeter chain link fencing; and installation of additional water storage tanks. The centre’s pharmacy space has also been renovated.Speaking at the handing over ceremony held on March 20, General Manager in charge of Infrastructure and Civil Works at JSIF, Andrew Neita said the project is part of the government’s commitment to strengthen the primary health care system, in an effort to lessen the burden on hospitals islandwide.He said under the improved conditions, residents will enjoy a number of well-needed services, including: child and maternal health services; antenatal, post natal and family planning services; weekly dental care; a public health clinic that issues food handlers’ permits; and the services of a lab technician.Mr. Neita said a key requirement of the project’s execution was the establishment of a maintenance committee, which will be responsible for taking care of the centre.“We hope that the residents and the Community Development Committee (CDC) will now come together to maintain and care for the upgraded facility,” he charged.The Mavis Bank Health Centre serves residents in a number of communities, including Hagley Gap; Penlyne Castle; Ginger Reece; and Mt. Lebanon.By Athaliah Reynolds-Baker RelatedResidents Benefit from Refurbished Mavis Bank Health Centrelast_img read more

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Body of woman body discovered at house in Letterkenny

first_img Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA Body of woman body discovered at house in Letterkenny Arranmore progress and potential flagged as population grows Twitter By News Highland – March 18, 2020 Facebook Google+ Google+ The body of a woman in her 60s has been discovered at a house in Letterkenny.Gardai are continuing investigations.The body has been removed for a post-mortem which Gardai say will determine the course of the investigation. Pinterest Homepage BannerNewscenter_img Nine til Noon Show – Listen back to Monday’s Programme Renewed calls for full-time Garda in Kilmacrennan Facebook WhatsApp Community Enhancement Programme open for applications Twitter Previous articleTwo more whales found washed up in DonegalNext articleCovid Community Response team set up News Highland WhatsApp Publicans in Republic watching closely as North reopens further RELATED ARTICLESMORE FROM AUTHORlast_img read more

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Data reveals that near-sourcing is no myth

first_imgWhat is perhaps more interesting is the underlying trends. The emergence of the West’s consumer society was the key factor in the decades-long growth in east-west container traffic, but as households in Europe cut back on discretionary spending the influence of the western consumer on global container flows is declining, while at the same time production is beginning to shift out of China.Seabury’s senior analyst Mathijs Slangen showed data which revealed that despite the fact that worldwide household consumption is on the increase, the share of consumer goods in container sea freight has actually declined from 37% of global box volumes in 2000, to 30% in 2011, and argued that this was proof that production of consumer goods is moving to locations nearer to end markets.“Private consumption is going up, but the share of container goods is going down even though container transport is going up – so there must be something that is taking its place.“Consumer goods are still contributing to containerisation but the growth is to be found in semi-manufactured and raw materials, and we believe that this is an indication that near-sourcing and fragmentation of production is occurring.”Seabury has identified four key areas that are emerging as centres of near-sourcing production – with China still taking a role as a primary manufacturer, partly manufacturing goods with the final fabrication done closer to market – with Central America serving North America; Central Europe serving Western Europe; South Asia serving the Middle East and Indian subcontinent; and Asia serving itself.He argued that this trend was further supported by the growing difference in deepsea and shortsea/overland traffic volumes: “In all the four near-sourcing regions the short-haul trade in consumer goods had grown more than the long-haul trades.”His research found that from 2009 to 2011, while North and Central America’s total long haul trade grew by 5%, the short haul between Central America and North America grew by 6%. Similarly Europe’s long haul trade in the same period also grew by 5%, the intra-European short haul trade grew by 7%; and the short haul trade between the Indian sub-continent and the Middle East grew by 15% while the long haul trade grew by 9%; while in Asia it was 10% growth compared to a 5% growth.And while there have been questions over what the implications of near-sourcing would have on intercontinental container transport, Mr Slangen argued that volumes would continue to increase, but the profile of goods are changing.“Does this trend mean there will be less manufacturer goods transported? No, because semi-manufactured goods are going up and so are materials that are typically transported by bulk.”Between 2001 and 2011 consumer goods transported in containers saw a compound average growth rate of 5%. By comparison, semi-manufactured goods grew by 8.8% and raw materials by 9.2%.Mr Slangen forecast container growth of around 6-7% for the full year compared to 2011, and explained that the difference between Seabury’s forecast and DHL’s was due to the latter’s focus on consumer goods. “Handling bulk commodities in containers is not something that DHL really does,” he said. The TOC Container Supply Chain event opened today in Antwerp with the prediction that box volumes are set to show higher growth in the second half of the year, adding to the tentative notes of optimism coming out of the shipping community, following last week’s observation by Maersk chief executive Nils Andersen that freight rates were back to profitable levels.Despite a Europe that is shackled by austerity, and continuing uncertainty in North America, the more accelerated growth in north-south trades in and out of South America and Africa is mitigating the volume stagnation on the major east-west trades.DHL Global Forwarding’s senior VP of ocean freight Luc Jacobs said: “We still see healthy growth year-on-year in sea freight, and we forecast it to grow 4-5% this year. There is clearly a slowdown on the European trades, and the US is still in recovery mode, which makes it unpredictable; but the majority of the north-south trades over the last few years have outperformed the major trades.”That said, he added that the world’s second largest sea freight forwarder expected to see a normal peak season and “even a slight slowdown in the fourth quarter”, and predicted that carriers would once more begin taking capacity out of the trades to match demand, although he did not expect to see any sudden contraction: “It’s not going to be like 2010 when suddenly capacity was very tight.” By Alex Lennane 12/06/2012last_img read more

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Atlanta’s Newest Abortion Provider Tests Southern Market

first_img Share Add to My List In My List For Whom The Bell Rings Legal Advocate Discusses Medical Abuse At Shut Down Georgia ICE Facility Related Stories ‘It’s Fractured’: Georgia Lt. Gov. Geoff Duncan On Healing Republican Party This year, a new abortion provider opened in Atlanta. That in itself is unusual. Abortion clinics across the U.S. and especially the South have had a difficult time keeping their doors open. This new provider is doing something else that’s new: big, hot pink advertisements aimed at getting people’s attention in a city that has seen attacks on clinics.“Interestingly enough we had clients contracting us immediately. When we were unpacking, we actually had a woman come to the door,” said Melissa Grant, vice president of Carafem, the abortion provider that opened in Atlanta in April.The waiting room is very pink. Grant said the whole point of the place is to avoid making it feel like a hospital.Carafem provides the abortion pill for women who are less than 10 weeks pregnant. The way that works is, a woman will usually take one pill with a doctor at this clinic, and a second pill later on, usually at home.“So we help them kind of plan out the next 72 hours,” Grant said. “Where do you expect you’ll be? Where can you have some privacy if you need it? Is there somebody supportive who can be with you at this time? Can somebody watch the kids? Those are the kind of real life questions that we ask in addition to these are the medicines; this is how it works. This is what’s normal and this is what’s not.”“It’s just so unusual to have an abortion clinic open,” said Elizabeth Nash, senior state issues manager with the Guttmacher Institute, which studies reproductive health policies in the U.S.“Particularly to have a clinic open in the South is incredibly important because, as we’ve seen since 2010, there has been this onslaught of abortion restrictions being enacted,” she said.Nash said Carafem is certainly bucking the overall trend. That might be true in more ways than one. Like, in the way they advertise.In an online video ad, three women dressed like 1950’s housewives sit around a coffee table discussing another woman’s abortion, using euphemisms like “went to the countryside,” until the camera pans to the side. Then, a millennial woman in pink pumps with an iPhone in her hand confidently says “Oh, you’re talking about abortions.”Cut to the tagline: “Because there’s no shame in it. Abortion. Yeah, we do that.”  “Abortion. Yeah, we do that” is one of Carafem’s lead ad campaigns in Washington, D.C., where their other clinic is located. Last year a weekly paper in D.C. briefly refused to run their ad. They’ve run into trouble recently with bars declining to run a different ad promoting their contraception services.Targeted Advertising“What’s very interesting here is these [types of] campaigns address things that are difficult to talk about privately, much less publicly,” said Mark Pettit, CEO of Creaxion, a marketing firm headquartered in Atlanta that handles clients ranging from Coca-Cola to Center for Disease Control and Prevention researchers studying sexually-transmitted infections. Pettit said with topics that some feel are taboo, clients don’t always opt for loud strategies.“In my experience, these providers sometimes didn’t want to advertise,” Pettit said. “Didn’t want the general public to know where their facilities were because they feared an attack or a bombing or a shooting. So it’s literally come out of the closet I think.”He said going with highly visible ads is a choice.“There are ways to get very targeted with advertising. For instance, we can target women 25-35 who have certain likes or have liked certain pages,” said Pettit.Carafem does have a targeted online presence, but this summer it also posted billboards along the Downtown Connector and around Interstate-285. The message was a little more subtle than the D.C. ad. They said, “Doors open in Atlanta.”“It’s working because we’re talking about it, right? That’s part of the strategy,” Pettit said. “They’re doing things to be purposefully controversial. And how do you do that? With your messaging. I think it’s very strategically crafted. They know what they’re doing.”The ads are bright pink. Some of them feature emojis. Most have the word “abortion” pretty visible.“We want people to know, and we can’t stand back and pretend like it’s not an important piece of what we do,” Grant said. “We believe that that’s part of what normalizing this procedure is.”Because it’s not abnormal, Grant said. According to the Guttmacher Institute, roughly one in three American women will have an abortion before age 45.Reducing StigmaEmily Matson is the executive director of Georgia Life Alliance, an anti-abortion advocacy group. She’s not comfortable with too relaxed an atmosphere around the issue.“Certainly the focus is to give women the message, this is like any other procedure you might participate in, such as an eyebrow wax or a massage and we’re going to try to cloak it in that frame,” Matson said.Matson is a big supporter of what are often called crisis pregnancy centers – faith-based centers that encourage women who might be considering abortions to give birth. Many of those centers also frame their work as supporting open conversation, so the question of reducing stigma can be a tricky one for some anti-abortion advocates.“In this conversation about getting rid of stigma, there’s zero conversation about the baby,” said Matson. “And I think that’s where my side of the coin maybe goes too far sometimes and they talk only about the baby, and the stigma comes where the mother’s just a killer, and that’s going way too far in the other direction.”Georgia now offers state funding for crisis pregnancy centers, which anti-abortion advocates have gradually rebranded as “pregnancy resource centers.” It was Matson’s group that successfully pushed for legislation allowing that funding last year.“There is pushback about abortion care in every state in the United States and around the world, so that was something that we were prepared for. Having a bit of an unapologetic tone about abortion was intentional on our part,”Carafem’s Grant said.She said “Abortion. Yeah, we do that” will be part of their campaign in Atlanta eventually. The more subtle approach so far has been an effort to introduce themselves to the community, rather than to play down their characteristic boldness, she said. Carafem has been raising money for an ad in what they call “a major conservative newspaper.” last_img read more

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Landlords sue Big Retail as missed rent payments pile up

first_imgA growing number of retail landlords are suing to get unpaid rent from “credit tenants” like H&M, Urban Outfitters, and Gap that have been battered by the coronavirus. (Getty)Before the coronavirus, retailers like H&M and Urban Outfitters were the kinds of companies that landlords targeted. Owners laid out pricey incentive packages and heavily courted these “credit-worthy” tenants — the kind with hefty balance sheets and a history of always paying rent.Now, as a number of those formerly blue-chip businesses have continued to withhold their monthly payments even after stay-at-home orders lifted, a growing number of landlords have been taking them to court.“I’ve never been in a situation where these so-called credit tenants didn’t pay rent,” said Albert Laboz of United American Land, who sued H&M last week for not paying rent at his Downtown Brooklyn space. “That’s why we pay broker commissions and pay [tenant improvement packages] and do tenant build-outs. The whole practice is set up so we don’t have these issues.”Landlords also prize credit tenants because their leases allow owners to get favorable financing from lenders. It’s not quite clear how tenants’ decisions to withhold rent will affect their relationships with landlords in the future.Another H&M landlord — JEMB Realty — recently sued the fast fashion retailer at its Herald Square location in Manhattan. But not all of H&M’s landlords have been so quick to pull the trigger.H&M has 17 locations in New York City’s five boroughs. Its largest landlord in the city, mall REIT Macerich, has them in three locations in Brooklyn, Queens and Harlem.Industry experts said large mall operators like Macerich, Westfield and Brookfield — each of which leases to H&M in New York — could be more patient with non-paying tenants than smaller landlords. Those smaller owners rely more directly on rent payments to cover mortgage expenses and taxes. But Macerich has also been scrambling to negotiate leases during the pandemic The Santa Monica, California-based company collected just 26 percent of April rent from tenants across the 47 shopping centers in its portfolio, it has said.Similarly, landlords leasing out spaces to small businesses may be more flexible with providing deferrals or negotiating other deals with tenants, according to David Wander, bankruptcy partner at Davidoff Hutcher & Citron.“The legal defenses may apply to someone small because you might be put out of business, you may not have the money,” Wander said. “But if you are a public company and you have sufficient funds, it simply means you’ll earn less money. Your stock will go down.”Justin Brasch, a real estate attorney with his own practice in New York, expects to see more lawsuits as landlords are forced to decide between suing their tenants or renegotiating contracts in order to pay their bills.“It’s just unsustainable that tenants don’t pay rent for an extended period of time,” Brasch said. “These landlords deal with these situations in very different ways depending on their personalities, their risk tolerance and their values.”Last month, there were 15 national retailers that didn’t pay any May rent, according to a report by Datex Property Solutions. They include Bed Bath & Beyond, H&M, Century 21, AMC Theaters, Regal Cinemas, Party City and The Gap.The Gap is the largest in-line tenant for the country’s largest mall operator, Simon Property Group, which sued the retailer last week for $66 million in unpaid rent across its properties.Having tenants begin to pay rent, especially as New York City reopens, is vital to bringing landlords to the table for negotiations, said attorney David Rosenbaum. He is senior partner at Borah, Goldstein in New York, and heads up the firm’s commercial landlord and tenant litigation division.“I’m praying that retailers can start earning revenue to be able to start paying their rents, or even a portion of their rent, to show good faith to their landlords,” Rosenbaum said.Some companies, including 24 Hour Fitness, AMC Theaters and Pier One Imports, have either announced potential bankruptcy or plans to liquidate assets. Although a declaration of bankruptcy would typically mean that retailers would have to continue paying rent, a court ruling, which approved Modell’s Sporting Goods’ request to pause its bankruptcy, has set a precedent to allow retailers to forego even that obligation.“So Modell’s Sporting Goods is an example [of bankruptcy judges] constructively pushing the envelope, but if you’re a landlord, you’re screaming bloody murder,” Wander said.Contact Rich Bockmann at [email protected] or 908-415-5229. Contact Sasha Jones at [email protected] TagsReal Estate LawsuitsRetail Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinkcenter_img Share via Shortlinklast_img read more

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