Date Archives May 2010

Village of Rivanna Master Plan Approved

While the plan calls for infrastructure to be built in advance of new development, many residential and commercial projects have already been approved, but not yet built. “We are not excited about the prospect of a lot of development on our doorstep,” said Joscelyne, “but we realize that we don’t have a lot of say over that.” … “The problem with Route 250 is that it is already near capacity, and many new homes have been approved already that will push it beyond capacity,” said Joscelyne. … Supervisor Dennis Rooker said the guidelines for concurrency of adequate infrastructure were important and a key to getting public support.   “Without that language on future transportation and future rezonings, it wouldn’t have the support of the residents,” said Rooker.

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GoCHO – Charlottesville Airport Getting More Flights?

Namely to these locations: CLE Cleveland-Hopkins International Airport @ Cleveland, OH EWR Newark Liberty International Airport @ Newark, NJ IAH George Bush Intercontinental/Houston Airport @ Houston, TX ORD Chicago O’Hare International Airport @ Chicago, IL Combine more flights with a longer runway , and Charlottesville-Albemarle Airport will expand its runway by 800 feet with initial Phase 1A a $6 million dollar project funded in part by the Virginia Aviation Board and the Airport Authority. The runway extension will allow us to accommodate more fully-booked flights in varying weather conditions, improving service to travelers and the airlins we serve. When the extension is complete, more flights can be fully booked and depart from and land at CHO; this means more options for travel to and from CHO and more seats on flights mean lower fares for those flying from CHO.

…NBC29 has learned that CHO is in negotiations with three air carriers which could provide service to Chicago and Florida; one of the three prospects is being touted as a “low-fare” carrier.

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Strategic Defaults – Moral? Ethical? Pure Business?

CBS did a fluff piece of reporting last night about strategic defaults, whereby a homeowner makes a business decision to walk away from a mortgage – the way businesses do all the time. … Watch CBS News Videos Online We are certainly in interesting times, and the question of strategic defaults isn’t going away for a while. … I can think of a couple local developments – and one in particular – where walking away makes sense, because nearly every single house was bought speculatively and the home buyers were manipulated by the machine. … Related : “The Subprime Problem is Contained” – January 2008 Tishmans’s ‘Strategic Default” on Stuyvesant Town – WSJ ( more ) Does Morgan Stanley “Walking Away” from CRE Contribute to Strategic Defaults?

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Monday Links – 10 May 2010

And the other side of the Facebook privacy argument . – Arizona’s governor goes on the offensive . – Do we need a “unified database of places” ? … Every American should read and understand that we don’t have to allow ourselves to be terrorized – by terrorists or our government.

…And for eight and a half years now, the dominant federal government response to terrorist threats and attacks has been to magnify their harm by increasing a mood of fear and intimidation. … It’s not just that they’re pointless, uninformative, and insulting to our collective intelligence; it’s that their larger effect is to make people feel frightened rather than brave.

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Charlottesville Twitter Week in Review

Charlottesville Real Estate Market Update – Condos & Attached Homes – As of 5 May 2010 http://post.ly/etnu #

Charlottesville Real Estate Market Update – Condos & Attached Homes for Sale – As of 5 May 2010 http://post.ly/etns #

Charlottesville Real Estate Market Update – Single Family Homes for Sale – As of 5 May 2010 http://post.ly/etnp #

Charlottesville Real Estate Market Update – Single Family Homes for Sale – As of 5 May 2010 http://post.ly/etne #

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