Home Builder Developer - Interior Renovation and Design

LOS ANGELES, CA--(Marketwire -03/15/12)- WestPark Capital, Inc. announced that a Los Angeles Federal Court has dismissed a shareholder class action against WestPark Capital, Inc. in the case against China Intelligent Lighting and Electronics, Inc., a company that is principally engaged in the design, manufacture, sales and marketing of high-end quality LED and other lighting products for the household and commercial indoor and outdoor lighting industries in China.

In a ruling from the U.S. District Court or the Central District of California dated February 15th, 2012 the action was dismissed as to defendant, WestPark Capital, Inc. because the Court concluded that the plaintiffs failed to state a claim for which relief could be granted. CIL was listed on the NYSE Amex exchange in connection with an IPO in June of 2010.

About WestPark Capital

WestPark Capital, Inc., (www.wpcapital.com) is a full-service national and international investment bank focused on emerging growth sectors such as healthcare, software, technology, biotechnology, financial services, manufacturing, consumer products, media and telecom industries, among other categories. WestPark provides a comprehensive range of corporate finance services, including initial public offerings, follow-on offerings, private placements and corporate finance advisory services. WestPark is committed to forging lasting partnerships with emerging growth companies and the investors who back them. Member: FINRA/SIPC.

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WestPark Capital Announces Dismissal of the Class Action Suit Against WestPark in the Case Against China Intelligent ...

MARINA, Calif.--(BUSINESS WIRE)--

Shea Properties and Cinemark Holdings, Inc., parent company of Century Theatres, announced today a deal that will bring a state-of-the-art, 10-screen, digital cinema to the Dunes on Monterey Bay Shopping center in the City of Marina at Highway 1 and Imjin Parkway. The theater will kick off phase two of The Dunes on Monterey Bay that will also include specialty retail space and restaurant pads for lease. The second phase, called 10th Street, will eventually become the heart of the master-planned community with a village square that connects to the beach, neighborhood parks, and surrounding homes and retail.

For Marina Community Partners, who oversees the master-planned community, the addition of Century Theatres is an important next step in its retail expansion as it furthers the goal of making Marina an entertainment destination for the Peninsula.

The new 35,000-square-foot Century Theatres will open in 2013, seat 1,650 moviegoers, and feature the companys XD (Extreme Digital) technology in one of the 10 screening rooms. The Cinemark XD entertainment environment features an oversize, wall-to-wall and ceiling-to-floor screen, brand-new plush seating, a custom JBL sound system featuring crisp, clear digital sound, and the brightest digital images delivered by a Doremi server and a Barco digital projector.

Phase one of The Dunes on Monterey Bay is an existing 375,000-square-foot regional center anchored by Target with Kohls, REI, Best Buy, Old Navy, Michaels and Bed Bath & Beyond rounding things out. Famous Footwear was recently added to the center and will open to the public on March 14th, with its official grand opening on the 24th.

For leasing opportunities, please call 831-886-7800. For information visit TheDunesOnMontereyBay.com.

Site plan and renderings are available upon request.

About Cinemark Holdings, Inc.

Cinemark is a leading domestic and international motion picture exhibitor, operating 456 theatres with 5,152 screens in 39 U.S. states, Brazil, Mexico and 11 other Latin American countries as of December 31, 2011. For more information, visit http://www.cinemark.com.

About Shea Properties

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Century Theatres to Open 10-Screen Complex at The Dunes on Monterey Bay

By Alan Thomas athomas@mainlinemedianews.com

While Eli Kahn talked, the demolition equipment was already at work on East King Street. Malvern is moving forward that rapidly.

Kahn is a local developer with a plan to transform Malvern Boroughs tired post-industrial east side into a vibrant residential and retail swath that he calls a walkable environment [and] a better environment to work in. On Wednesday morning he told a packed borough hall all about it at a Malvern Business and Professional Association meeting.

Kahn, who said he had gotten the idea 12 years ago, called East King the largest construction project ever in the borough, a five-year venture that in 18 months will produce 25,000 sq. feet of retail space with quality residential space planned above it along with expanded parking under and outside.

Kahns announcement that the Whip Tavern, a traditional English pub located in Unionville, is planning to open its second location on East King seemed to draw the interest of the crowd as much as any other detail. Kahn said he was close with a few other spots, which he could not yet name, but that one would be a spectacular addition.

I think the retail will fill in quite nicely, Kahn said.

Demolition of buildings from the Malvern Design Center east to Rusticraft Fence Co., just into Willistown Township, should be complete by next Friday, Kahn said. With all construction contracts signed, storm-water management on the Willistown side will head the list of projects with excavation, foundation pours and the lower-level parking structure following shortly. Bozzuto Construction of Baltimore will do the work.

The project will also include a 5,000 sq. foot office building.

Kahn praised the newly refurbished Malvern train station area with its improved parking arrangement as spectacular, and said that it made Malvern accessible for businesses.

In answer to a question, Kahn said that he will be creating a lot of parking on the north side of King, with 17 to 20 parallel parking spaces planned along with 10- to 20-foot-wide sidewalks. Answering another question, he said the faade will be varied in appearance and in the materials used -- brick, stucco, stone -- to give the long building front the feel of individual buildings.

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Kahn updates Malvern on E. King progress

OLATHE, Kan., March 15, 2012 /PRNewswire/ -- Butler National Corporation (OTC QB: BUKS), a leader in the growing global market for aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of management services in diverse business groups, announces its financial results for the third quarter and nine months ended January 31, 2012. In conjunction with the release, the Company has scheduled a conference call Monday, March 19, 2012 at 10:00 AM Central Daylight Time.

What: Butler National Corporation Third Quarter Fiscal 2012 Financial Results Conference Call

When: Monday, March 19, 2012 - 10:00 AM Central Daylight Time

How: Live via phone by dialing 800-624-7038. Code: Butler National Corporation. Participants to the conference call should call in at least 5 minutes prior to the start time. A replay of the conference call will be archived on the Company's web site.

Clark D. Stewart, President & CEO, Butler National Corp., will be leading the call and discussing results of the third quarter and nine months, the status of new and existing orders, gaming activities and an outlook on the balance of fiscal 2012.

Historical selected financial data related to all operations:

Quarter Ended January 31

Nine Months Ended January 31

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Butler National Corporation Announces Third Quarter and Nine Months Fiscal Year 2012 Financial Results and Conference ...

NANUET, N.Y., March 15, 2012 /PRNewswire/ -- Flooding, the most common natural disaster in the United States, can occur at any time. While severe storms or broken pipes are often to blame, even an inch of standing water can cause significant damage to buildings, property, and valuables. Immediate and appropriate response to water damage significantly mitigates the harmful affects on flooded buildings and homes. For over 20 years, Total Environmental Restoration Services, Inc. (TERS) has perfected water extraction, flood cleanup, and water damage restoration by serving customers of all sizes in New York and beyond.

(Photo:http://photos.prnewswire.com/prnh/20120315/NY71108LOGO)

As a full service environmental remediation and restoration company, TERS employs only in-house experts to respond immediately, 24-hours a day, to all types of flood emergencies and water damage affecting government buildings, commercial property, and residential homes. TERS expertly handles projects of any scale with disaster restoration techniques that extend to fire damage, smoke remediation, mold removal, air quality, and sewage cleanup throughout New York (NY), Connecticut (CT), and New Jersey (NJ).

Their advanced-trained technicians are uniquely poised to assess water damage and affected properties, and immediately begin appropriate remediation with careful attention to all types of structures. "Water damage can be uniquely challenging," says TERS Environmental Analyst, Gary (Gadi) Shaked. "It's not just about drying; each building presents unique challenges. We go to great lengths to be sure every one of our technicians can immediately identify, contain, and rectify complex building hazards, such as asbestos on older pipes, that can compound remediation needs."

TERS Water Damage and Flood Restoration:

In-house Guarantee TERS uses only in-house technicians and company-owned equipment to guarantee the cleanest and most skilled remediation possible. All equipment is thoroughly decontaminated by TERS between jobs to completely prevent cross-contamination.

Building Material Expertise From government and commercial buildings to private homes, TERS is highly knowledgeable in all types of old and new construction. Technicians are always vigilant regarding potential environmental hazards in a building or home.

Productivity Focused Whether serving a top government agency, a large corporation, or an individual family, TERS provides personal service with efficiency as the number one goal. They begin immediately to contain all hazards, enabling continued productivity in unaffected areas.

Green Process In all remediation projects TERS uses only environmentally friendly methods, never introducing new harmful chemicals to a job site. In addition to thorough damage insulation, they constantly monitor air quality in other parts of the building to ensure safe occupancy. Their science-based practices safely mitigate any microscopic air contamination that can be present with excess water.

Materials Restoration TERS remediation experts are also dedicated to decontamination and drying of office equipment, files and books, and other archives and valuables. Using their mobile lab or in-house lab, they are particularly skilled in handling government and business files and electronics for restoration and preservation.

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New York's Leading Environmental Restoration Experts, TERS, Readies Customers for Water and Flood Damage Risk

15 March 2012 Last updated at 10:38 ET

A historic lifeboat which has been lying derelict in Conwy harbour is to return home to Norfolk for restoration.

The Edward Birkbeck was built around 1896, and was the lifeboat at Winterton-on-Sea until 1925.

Detective work by Conwy's harbourmaster has led to it heading home to East Anglia, where it was the village lifeboat until 1925, making 94 rescues.

The vessel was being loaded onto a lorry to be transported overland on Thursday.

The village church in Winterton-on-Sea has a plaque in the Fisherman's Corner recording the lifeboat's many live-saving successes.

The old Norfolk family names of the original crews are still well known locally and a team of volunteers are ready to help restore the vessel.

The Edward Birkbeck is set for eventual display as part of the village's maritime heritage.

The vessel had faced being broken up for scrap after Conwy's acting harbourmaster Barry Tuson issued a notice in November 2011 that he considered it abandoned and causing an obstruction.

But after learning of its former links to Winterton-on-Sea, he contacted the parish council there to let the village know of its existence.

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Historic lifeboat returned home

When Jerry and Sarah Stempel remodeled the living room in their Buffalo Grove home, they aimed at what you might call a vintage look.

Enter their two-story house tucked away on a cul-de-sac in the Old Farm Village subdivision and you will likely be greeted by the couples two dogs, Bailey and Cooper. You will also be struck by the distinctive look of the living room.

Amid the comfortable furnishings, which include a couch, a piano and a big-screen television, are walls lined with shelves, each filled with dozens of bottles of wine tipped on their sides.

The handsome makeover is the work of interior designer Lori Abrams, who fulfilled the need expressed by the Stempels to not only have a central location to display their wine collection, but also one where their family which includes three children as well as the two dogs could entertain.

They love wine. They love to entertain and really wanted to showcase their wine, Abrams said.

Before Abrams was brought in to lead the remodeling project, the couples wine was stored everywhere in the four-bedroom, 2,200-square-foot home.

Wine bottles were in any kind of cabinets they could find, all over the house, Abrams said.

What she devised was a system that would allow people the most room to use the space, as well as attractively showcase the collection. For the project, which also involved rebuilding an adjacent staircase, Abrams and the Stempels utilized salvaged wood on beams and countertops.

Sarah Stempel said Abrams found a great craftsman, cabinetmaker Craig Stancy, who really took all of our suggestions and worked with us.

The wood used for the majority of the room, including the shelving and cabinetry, is knotty alder. The countertops are made of rustic pine timbers, and the room is wrapped in knotty alder wainscoting.

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Buffalo Grove living room given a ‘vintage’ update

Darren Criss was reportedly offered the chance to host the US X Factor - but turned it down.

E! News claims that the Glee actor, best known for playing Blaine, was given the opportunity to step into Steve Jones' shoes for the show's forthcoming second series, but "politely declined the gig".

"They were after him. But there's no way he could have done it with everything he has going on," a source said.

Darren - who made his debut on Broadway by taking over from Daniel Radcliffe in the Broadway production of award-winning musical How To Succeed In Business Without Really Trying for three weeks - is rumoured to have decided to pass on the role because of his busy schedule, although his spokesperson nor US TV network Fox have not commented on the story.

As well as his continuing role on Glee, Darren is set to make his big-screen debut in Imogene alongside Kristen Wiig and Annette Bening.

Welshman Steve was axed from the US X Factor alongside judges Paula Abdul and Nicole Scherzinger, but TV mogul Simon Cowell has not yet revealed who the new additions will be.

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Criss turns down X Factor stint?

The design for 51 Astor Place, now under construction.

BY LINCOLN ANDERSON | With the last remnants of The Cooper Unions old Engineering Building finally demolished, construction is moving ahead on its far glitzier replacement.

Edward J. Minskoff Equities Inc. is developing a 400,000-square-foot office building at 51 Astor Place on a design by Fumihiko Maki.

Influenced by the sites triangular shape, the new edifice will feature a geometric design, sporting a sharply angled glass facade.

In January, Minskoff closed on a $165 million construction loan.

Jones Lang LaSalle will market and lease the 12-story structure, which a Minskoff press release touted as a trophy office building.

According to the release, not only will 51 Astor Place have advanced technology and infrastructure, but will also provide tenants with above-standard electricalpower and generator capacity.

Located at Astor Place and Third Ave., 51 Astor Place is expected to be completed by early next year.

The building will be constructed to achieve LEED (Leadership in Energy and Environmental Design) Gold certification.

Amenities at 51 Astor Place will include a tenant-accessible green roof on the fifth floor, a penthouse and aThomas Basely-designed urban plaza at Astor Place.

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Astor Pl. ‘trophy office building’ angling for early ’13 completion

March 15, 2012

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Steve Joseph, head of Joseph Enterprises, discusses the Inyo County Consolidated Office project with the Board of Supervisors with partner Scott Piercey (r) and consultant Allan Kotin (center). Photo by Mike Gervais

County leaders voted Tuesday to move forward with a non-binding agreement that will allow them to pursue construction of a new consolidated office building in Bishop. The agreement the Board of Supervisors signed with Joseph Enterprises Tuesday is a term sheet that outlines all necessary steps and a time line that must be completed before the county can build a new, 4,200 square-foot consolidated office facility. The term sheet is non-binding, which means the county has the right and ability to stop negotiations up until the lease agreement for the new building is signed. With the term sheet in place, Inyo County and Joseph Enterprises can begin working on a site plan and design for the property, located just north of Bishop on U.S. 6, and work on preliminary specifications and costs for the project. County staff will also conduct a thorough space needs analysis and develop a final concept plan that will determine what departments will be located in the new facility. Until the final cost and site plans are approved, and the lease is executed, Inyo County reserves the right to back out of the agreement. Before signing the term sheet this week, the Board of Supervisors reviewed an analysis of potential savings, to see if there is any chance that the new consolidated office would save the taxpayers money. Allan Kotin, of ADK&A, which conducted the cost savings analysis, said the county is currently paying $330,000 per year in leases for several office buildings in Bishop. Due to increasing rent prices and tenant improvements, Kotin said over the next 20-50 years, the amount of money the county spends on its leases will skyrocket. Though the consolidated office building comes with a heavy price tag, an estimated $14 million, Kotin said in the long-run, a new building will be cost effective. The benefits of this are substantial, Kotin said. Why do this now? For one, for construction and financing, its a good time. And secondly, government is the ultimate long-term investment, its almost immortal and this will get you out from under inflation. Kotin also said that, because the county will own the property and eventually the building, it will not be paying taxes on its office space. County Administrative Officer Kevin Carunchio said the goal is to have a long-term, 20-year lease with the option of buying the building for $1 when it expires. Under the preliminary agreement, Joseph Enterprises will be responsible for designing the building and construction. In exchange, the county will trade 5.69 acres it owns south of Bishop on U.S. 395 for the three-acre parcel owned by Joseph Enterprises. Under the preliminary agreement, the county will invest $2 million in initial rent, pay $600,000 a year for rent, with three additional payments of $250,000. We havent spent a long time fine-tuning these numbers, Kotin said, pointing out that final numbers will be established once the county knows exactly how large the building will be and what departments will be housed there. While four board members have committed to continue looking in to the construction of a new office building, Fifth District Supervisor Richard Cervantes and some residents have voiced their objections, saying the county should not put itself into debt. The defining issue of America today is massive amounts of public debt, Cervantes said. From the White House to the State House, we are drowning in a sea of red ink. Cervantes also said the county has not adequately explored alternative locations and costs for the proposed project. My constituents in Lone Pine, Keeler, Cartago, Olancha, Pearsonville, Darwin, Stovepipe Wells, Homewood Canyon, Death Valley, Tecopa, Shoshone, Charleston View and Sandy Valley will be forced to pay for something they will never use, he said. This county does not have the money and we are facing declining revenues. No time is a good time to go into debt, and to add to the taxpayers burden under these conditions, I believe, would be fiscally irresponsible. Russ Aldridge, local business owner, board member of the Owens Valley Contractor and Vendors Association and candidate for District 2 Supervisor, said he would like to see the county consolidate its offices, but is not convinced that now is the time to take on the debt. If the county cant afford it, whats going to happen? Aldridge asked. Talk to the people. Find out what the people want. None of us want higher taxes. Carunchio said he does not see the county raising taxes to cover the cost of the new building and believes that, through unfilled positions within local departments, Inyo could save enough money to keep business going as usual and make the necessary payments on the building, if the county chooses to continue its agreement with Joseph Enterprises. Dan Stone, president of the OVCVA, said he supports the project. Im all about business and putting people back to work, but go conservatively, Stone said. Id like to see this building go in. Id like to see solar go in to help reduce utility costs. The time is certainly right, right now, Second District Supervisor Susan Cash said. We can have control over our own destiny, and we can very carefully walk down this road before we have to write a check. Cash said that the project may be feasible because Joseph Enterprises has agreed to handle site planning and other preliminary work that would generally cost the county money. If the plans dont turn out the way county leaders envision them, they can always back out and continue paying the leases the county currently holds.

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County to pursue idea of consolidated office building