Everything posted by kennynbabes
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Cleveland: Detroit-Shoreway / Gordon Square Arts District: Development News
where is the new max hayes going?
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Trucking Industry
Oh yes, we can really start down the rabbit hole. I have seen some real "company store" type stuff. Instead of a driver you are an owner operator, you "rent to own" the truck, we will "lend" you all the money you need for licensing insurance fuel et al, and we will then take it out of your pay. People who choose to be O/O understand the pluses and minuses and can do the math....then there are those who are O/O because the company chooses that for you. You can make a lot of money driving....and/or work hard and long and wonder where the money went. Some people are cut out to be small business owner/operators, some people are much better off when somebody else is running things for them, even if the top line is a lot smaller, the bottom line can be better if you are not a sharp operator.
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Trucking Industry
I will try to keep this simple, unless somebody wants the 10,000 page overview of the trucking industry. Driver (or Company driver): Works for a single company (carrier) usually paid by the hour or per mile. Expenses IE fuel, tire, licensing, buying the tractor and the trailer are born by the company he/she works for. Usually treated as a payroll employee. Owner Operator: Can work for a single carrier/shipper or many different Carriers or shippers, usually paid as a percentage of the revenue of the trip or by the mile. He/she owns the equipment and is responsible for all expenses Usually treated as a 1099 vendor. Carriers are 2 flavors Private and Common. A private carrier works exclusive for a company or companies A Common Carrier will carry freight from any/all shippers. A carrier may employ Drivers/Owner operators/ or even other carriers. A driver or owner op actually moves the freight...the carrier employs them to do so. It can get real complicated, real quick. Agents, brokers, consolidators, Shippers, freight forwarders....drayage, cartage, local delivery and don't get me started on inter-modal....moving freight via multiple modes of transport, Air/sea/rail/land containerized/non container, different containers....totes, pallets..... Dry/liquid bulk.
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Children in Cleveland
My wife moved here from the UES 63rd and first. Started out in tremont now live in Detroit Shoreway (Gordon Square area). We do not have Children. Friends in Tremont and OC did/do though. Urban Community shcool.. http://urbancommunityschool.org/ if you do end up in Tremont/OC/DS..
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Greater Cleveland RTA News & Discussion
Jet dog, I tried to pm you but your box is full I can test at 4:15 if you still need someone I am a developer at a logistics software company. I started out doing QA implementation and support on our satellite communication product I use RTA semi-regularly. Mostly the 26 and the blue and red lines E mail me at kennyn7 at yahoo if you still need bodies
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NYC
Was in NYC for New Years. Friends turned me on to Hop Stop...an app for smart phones http://www.hopstop.com/?action=mobile_android definitely worth the cost FREE.. Put in your destination and it will step by step you to the right subway and where to change, and walking directions at either end. AND it works for Cleveland RTA and other major international cities such as London.
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Cleveland: Downtown: Tower City / Riverview Development
I don't think this will happen why cut into profits you can make from a nice sized downtown mall by making that phase II of the casino? He already purchased the land for phase II and you don't pay $80 million for land and don't use it. He can have a Casino in front of Tower City (phase I) and one behind it (phase II) while creating a mall that doesn't have to have Gucci, LV type store but a mixture of mid to high end stores to bring in more people to his Casino and shop at the same time. That way he can have 3 sources of income all connected to each other on top of his Quicken Loans business. It just makes dollar sense. Also he can build phase II to include even more retail. There are no profits now, there is a dollar store in your downtown mall. Do you really think if the mall was so profitable or had the hopes of being profitable that Forest city would be selling it? Casino floor is 10? 100? 1000? times more valuable than high end retail...let alone a no name leather or dollar store. I can turn the dollar store into black jack tables tomorrow. Gambling space now/retail later and only if needed....it has been pretty much proven by the tenants that what we have is too much. Why have 3 sources of income....maximize the best one. Gambling, renting offices, selling hats......converting hat selling space into slot machines is an absolute no brainier.....especially when you have people waiting in line to play slot machines. Bet you a beer. Like AJ93 just mentioned the amendment only allows the casino to be built on certain parcels of land. Also I know it's not profitable now but why spend tens to hundreds of millions of dollars building residential/retail (which it's already hard to build as is even though the demand is there) when you have a very capable mall in your hands that you could just add capable stores in? It's saves you a lot of money also downtowns office vacancy rate is also very high along with empty store fronts so he could buy one or more of those buildings and renovate them into residential and retail. It saves him millions of dollars is quicker and less of a headache. It goes back to just making dollar sense, why waste money on building some residential/retail when you have structures waiting to get renovated for exactly that? Nothing's wrong with TC it just needs better stores the traffic is there the stores for the traffic to shop in needs to be there and the mall will be fine. This one is easy...casino casino more casino. Casino makes the most dollar sense. Why sell hats when I can sell you 88 cents for a dollar. ( I think I read that is the casino payback rate, please someone post the correct information if that isn't it.) Think about that...that is exactly what he is doing. You give me a dollar, I will give you 88 cents...thank you want to play again? turn the entire kit and kabdoodle into casino...let others worry about a mall. Then if I have extra space or land and I have maxed out my casino.....now maybe I will worry about selling you a hat. Why do I want to spend any time/energy/money/capitol building or running anything other than my guaranteed 12 percent payback machine? The argument about what to do with TC Is dead because we have to strong contrasting opinions. You didn't though answer my point about it already being difficult to build downtown residential/retail (look at the Flats it took them forever and it's still not entirely secure with phase II) and instead renovating abandoned office buildings for retail and residential which is less of a headache and more viable financially. What is your stance on that? Here is my stance. He will expand into the mall because it is the easiest quickest path to the bigger casino floor. What is left of the mall he will try to upgrade which should be easier because there is 1/2 the space and 5 x' s the foot traffic. It doesn't matter that he spent 80 million for the land where phase II is supposed to go. 42 million in revenue in 6 weeks. 42 million in 6 weeks, while being sized constrained. 80 mill was just part of the cost of buying the ATM machine. So basically I am not buying the "he didn't spend 80 mil on that land to do nothing". He did the math, that 80 plus whatever he spent for the mall and the higbee building and the Ritz was worth it....pretty much as is. He will end up with a casino 3x the current size and 1/2 an upgraded/more upscale mall. There will be some improvements and renovations but that is it. Status Quo Ante...... UNTIL it is economically viable to build new office/retail/residential THEN you will see some activity on the parking lot. I suspect that you will get a hotel in fairly short order, the rest will be developed at about the same time it makes sense to develop Scranton Peninsula.
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Cleveland: Downtown: Tower City / Riverview Development
Hey don't anyone misunderstand me. I live in Detroit Shoreway. I am much better off if Tower City is returned to its initial glory. It is no fun having to drive out to Rocky River to buy underwear...or north Olmsted to go to the mall. The wife uses Clinique, buying it is painful enough, driving 20 minutes to have to do it really puts the pain to you. But I am pretty sure that Gilbert will look to maximize his bottom line ahead of my (and downtown resident's) needs or quality of life. Which to me would appear to be, get the casino as big as I can make it as quickly as I can make it. And if that 80 million dollars he paid for that parking lot is just the price of having that perpetual money machine sitting on public square....then phase II will be 1/2 the mall and the old tower city amphitheater will look like scranton peninsula until it makes economic sense to develop it into new hotel/residential/office/retail. 80 mil for that land.........42 million in revenue in 6 weeks.
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Cleveland: Downtown: Tower City / Riverview Development
I don't think this will happen why cut into profits you can make from a nice sized downtown mall by making that phase II of the casino? He already purchased the land for phase II and you don't pay $80 million for land and don't use it. He can have a Casino in front of Tower City (phase I) and one behind it (phase II) while creating a mall that doesn't have to have Gucci, LV type store but a mixture of mid to high end stores to bring in more people to his Casino and shop at the same time. That way he can have 3 sources of income all connected to each other on top of his Quicken Loans business. It just makes dollar sense. Also he can build phase II to include even more retail. There are no profits now, there is a dollar store in your downtown mall. Do you really think if the mall was so profitable or had the hopes of being profitable that Forest city would be selling it? Casino floor is 10? 100? 1000? times more valuable than high end retail...let alone a no name leather or dollar store. I can turn the dollar store into black jack tables tomorrow. Gambling space now/retail later and only if needed....it has been pretty much proven by the tenants that what we have is too much. Why have 3 sources of income....maximize the best one. Gambling, renting offices, selling hats......converting hat selling space into slot machines is an absolute no brainier.....especially when you have people waiting in line to play slot machines. Bet you a beer. Like AJ93 just mentioned the amendment only allows the casino to be built on certain parcels of land. Also I know it's not profitable now but why spend tens to hundreds of millions of dollars building residential/retail (which it's already hard to build as is even though the demand is there) when you have a very capable mall in your hands that you could just add capable stores in? It's saves you a lot of money also downtowns office vacancy rate is also very high along with empty store fronts so he could buy one or more of those buildings and renovate them into residential and retail. It saves him millions of dollars is quicker and less of a headache. It goes back to just making dollar sense, why waste money on building some residential/retail when you have structures waiting to get renovated for exactly that? Nothing's wrong with TC it just needs better stores the traffic is there the stores for the traffic to shop in needs to be there and the mall will be fine. This one is easy...casino casino more casino. Casino makes the most dollar sense. Why sell hats when I can sell you 88 cents for a dollar. ( I think I read that is the casino payback rate, please someone post the correct information if that isn't it.) Think about that...that is exactly what he is doing. You give me a dollar, I will give you 88 cents...thank you want to play again? turn the entire kit and kabdoodle into casino...let others worry about a mall. Then if I have extra space or land and I have maxed out my casino.....now maybe I will worry about selling you a hat. Why do I want to spend any time/energy/money/capitol building or running anything other than my guaranteed 12 percent payback machine?
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Cleveland: Downtown: Tower City / Riverview Development
Yes. If the constitution prohibits it then it probably won't happen. BUT wasn't the Columbus? casino moved from the amendment location(s)? Any legal wrangling would cut one leg out from under my reasoning. If it takes me as long to change the rules (or i can't) as it would to build a new building that negates the "ability to open tomorrow" argument. Of course Gilbert managed to get a constitutional amendment passed that gave him pretty exclusive use to a giant free ATM machine. http://blog.cleveland.com/metro/2012/07/horseshoes_gamblers_bet_more_t.html "After paying winnings, the Horseshoe grossed $42.6 million in its first seven weeks, which puts the casino slightly ahead of the owners' projections that they will take in $300 million per year. Horseshoe General Manager Marcus Glover could not be reached for comment." 6 million dollars a week passing through his hands at the old higbee building.. Not sure how much ultimately sticks in his pocket but it is significant.
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Cleveland: Downtown: Tower City / Riverview Development
http://www.wikinvest.com/stock/Family_Dollar_Stores_%28FDO%29/Data/Sales_per_sq._ft Dollar store gross sales $156.80 a sq foot. These are reno casinos gaming revenue $829 sq/foot on the low end. $1081 on the high from 1984-2011 http://gaming.unlv.edu/abstract/reno_gamingrev_persqft.html
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Cleveland: Downtown: Tower City / Riverview Development
I don't think this will happen why cut into profits you can make from a nice sized downtown mall by making that phase II of the casino? He already purchased the land for phase II and you don't pay $80 million for land and don't use it. He can have a Casino in front of Tower City (phase I) and one behind it (phase II) while creating a mall that doesn't have to have Gucci, LV type store but a mixture of mid to high end stores to bring in more people to his Casino and shop at the same time. That way he can have 3 sources of income all connected to each other on top of his Quicken Loans business. It just makes dollar sense. Also he can build phase II to include even more retail. There are no profits now, there is a dollar store in your downtown mall. Do you really think if the mall was so profitable or had the hopes of being profitable that Forest city would be selling it? Casino floor is 10? 100? 1000? times more valuable than high end retail...let alone a no name leather or dollar store. I can turn the dollar store into black jack tables tomorrow. Gambling space now/retail later and only if needed....it has been pretty much proven by the tenants that what we have is too much. Why have 3 sources of income....maximize the best one. Gambling, renting offices, selling hats......converting hat selling space into slot machines is an absolute no brainier.....especially when you have people waiting in line to play slot machines. Bet you a beer.
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Cleveland: Downtown: Tower City / Riverview Development
I would bet that this move would mean phase II of the Casino will be inside the mall. The casino will be extended into the 1/2 of the mall that is on the same side as the Higbee building.. They will start expanding as soon as the ink is dry. You can barely walk inside the casino now. You cant get on a table game, even when the table minimums are $25...instead or 5 or 10. Turning the dollar store into 10 black jack tables gets me tons of cash today...no need to build anything new.....until I sell some riverfront condos. The land that was originally slated for phase II will be become office/retail/residential in phases. Buy the under performing mall. Push the Casino into it. Build more retail later as needed. No need to try to figure out how to keep/connect phase I to phase II. Flexibility to maximize profits on "virgin" waterfront land. Attached to 1/2 a mall/casino/office building transit hub.
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Cleveland: Ohio City: Development and News
I honestly can't tell you the last time I paid to park downtown at night or on a weekend. It's laziness, but from talking with people I gather it's the perception of the city being unsafe that's also part of it. It is both of these and ignorance. People get off the highway drive up to the stadium and if they cant find a parking place immediately they panic. They don't know about the garages on short Vincent or the surface lots over by the warehouse district. They always used to be able to just park right next to the ball park for 10 bux--Plan A, the real crafty ones would park at tower city. And up until like right now, they didn't need a plan B. Remember they also closed a bunch of parking for the innerbelt bridge project, I do not know how many spots were on the southwest corner of Lorain/Caranagie and ontario (Where employees parked on Game day) and down the hill behind the Marathon station but those are all gone (not sure if that is permanent or temprorary).
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Cleveland: Ohio City: Development and News
It is...but Indians games on Saturdays are at night (see list below for 1 kind of exception). The story says the parking problem is from 11- 2 pm. There is 1 4 pm start in Sept. This might be the only game that could cause some difficulty. 1 6pm start 1 9 pm start the rest are at 7 pm. This will probably cut into the GLBC business. they run their own shuttle, charge a dollar (not sure if that is one way or round trip). But they get more than a few people who "pre-game" over there because of the shuttle. Maybe the Indians will pay them to run it?
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Real estate in DS and Tremont (Cleveland)
That Tremont house has 0 off street parking. That is a factor in the price delta. think of what a parking space is worth in Chicago. In Tremont not worth nearly as much...but much > than 0. I looked at buying in the Fries and Shule building in OC. Couldn't buy an extra space for 25 grand.
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Greater Cleveland RTA News & Discussion
If I remember the layout correctly. The RTA is on the opposite wall. You have your back to one or the other. You see RTA when you leave the train station. You see Rapid Transit when you enter the train station. Either that or the RTA is on the platform....it has been a little while since I flew (march) And like I said if you did not already know how to get to the train station, you aren't seeing either.
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Greater Cleveland RTA News & Discussion
The first one you don't see until you are almost on the train.....90% of the people who might like to take a train into downtown will never see that sign. That sign would be better than the 1 and I do mean 1 sign you see on the concourse... that says RTA and has that little logo which can be confused with other logos.... And really how hard is it to Say TRAIN instead of RAPID TRANSIT......everybody knows what a train is. and it is a train....why make this more complicated than it needs to be. When I learned both French (high school) and Spanish (college) learning the words associated with Trains and train stations was one of the first lessons beyond counting, months/days/years they taught you. The second one...you have never been to Cleveland you see RTA.....tell me what that means...GO! And are you even sure that last letter is an A? because it sure looks like a mirror of the first letter which you think is an R....maybe it is a stylized logo and it is RTR.
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Greater Cleveland RTA News & Discussion
No, I am passing them along to somebody whom I think cares enough to make this right. they did not ask you for the verbiage you would have liked associated with you? they are going to make a change that some random person suggests that gains them nothing? BUT might get them an angry note from RTA...hey why did you change that? maybe if RTA says hey guys could you switch out that photo with this one and change the text to this they will... My suggestion to CLE will be a colossal waste of my time. Heck somebody who could benefit from the change, the person whom I am suggesting it to, is < than receptive. CLE is going to put my e-mail address on block as a crank.
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Greater Cleveland RTA News & Discussion
here is a link to the page at CLE http://www.clevelandairport.com/Transportation/Public-Transit.aspx I can't tell by the picture I am taking a train....you are what 35 words in before train is mentioned. Public Transit...Mass transit....Public Transportation....RTA. All true....all suboptimal. Train to City.....exactly what it is...exactly what other cities do. Call it a train....take a picture that I can easily identify as being a train....like the front of the Redline at tower city that says Airport. Make it clear where I can find the train... And you will get yourself a whole bunch of new riders. Or just keep on keeping on with what you are doing. Unlike Cleveland.Bom posters we want you to succeed. This is low hanging fruit.
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Greater Cleveland RTA News & Discussion
Forget people who cannot read English. What your dedicated users and biggest boosters are telling you. What you have is not clear enough. here is an incredibly easy "fix" More "Train to City" and less RTA and Logos that are easily confused with the elevator logo. And MORE of them. There is 1 easily missed sign on Councourse C and then nothing until you are down at baggage claim Every transition....From D to the Tunnel. From the Tunnel to C 1/2 down C. where the concourses meet at security. Top and bottom of every escalator.....TRAIN TO CITY add RTA and the little train if you would like. couple grand in signs...and one case where you will absolutely make up the cost in increased fares. I use the public transport wherever I go...Hopkins is the worst with telling people they can take a train into the city.
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Greater Cleveland RTA News & Discussion
In Chicago the signs pointing you to the public transport into downtown say Trains to City. We need the same thing. Here it is in Hong Kong..... http://upgrd.com/images/upload/image/kevin/china-16/lmc-cyberport/trains-to-city.jpg Good lord, I would be willing to bet green money that 50% of the people in Cuyahoga County do not know what the RTA is let alone anyone flying into town. Train to City is as unambiguous as it can get.
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Greater Cleveland RTA News & Discussion
How about Joe bought a year's worth of Diesel at the absolute apex of the price. He did not hedge, he did not buy futures....he contracted for a year's worth of Diesel at the absolute maximum price... but we wont talk about that.
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Cleveland: Union Terminal (Tower City)
Pure specurumor. That is a double dose of Speculation and Rumor. On my buddy's boat last weekend...one of the marina workers (not a waiter) was telling me how they were going to be tying boats up down there so you could boat in to the casino. not sure how they get tooo many boats in there with having to keep the channel navigable for the shipping traffic......but there you go. he said this was news all through the marinas, from detroit to buffalo..... I can neither confirm or deny this.....BUT it sure sounds like a pretty decent idea.
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Cleveland-Akron: Bicycling Developments and News
Surprised that somebody else here did not pick this up...not sure exactly where to put it, it is in a PD article about the the Lorain Carnagie Bridge/ Abbey Bridge Bike improvements http://www.cleveland.com/metro/index.ssf/2012/05/post_20.html He's excited by another West Side prospect for cyclists. Plans are in the works to install bike lanes on Detroit Avenue, from West 25th Street to Lake Avenue, he said. A city spokeswoman said the project is still under discussion. Bike advocates and the city have been focusing on Detroit as a bike-friendly alternative to the West Shoreway, where plans to convert the highway to a slower-speed boulevard appear to have foundered for lack of money. The plan on Detroit calls for a 5-foot-wide bike lane and one lane of traffic on both sides of the street, VanSickle said. Bike lanes would stop where Detroit narrows in the Gordon Square Arts District, around West 65th Street, VanSickle said.