On Thursday, the majority of the city Planning Commission members, as well as City Planning Director John Rahaim, made it clear they would be unlikely to support legislation that allows all the properties to be considered in compliance. In particular, commissioners said they would have a problem backing the academy’s push to legalize the conversion of five residential hotels currently used as student housing. … [Read more...] about City still has problems with Academy of Art’s building plans
Safety net academy
"Safety has come a long way in this sport," four-time NASCAR champion and Fox NASCAR announcer Jeff Gordon said Monday after Newman was taken to the hospital. "But sometimes we are reminded that it is a very dangerous sport. Our thoughts and prayers right now are with Ryan Newman and his family." … [Read more...] about A NASCAR driver survived a horrifying crash. Here are the safety measures that may have helped
At 460-466 Townsend St., which is zoned for industrial use but is being used for classrooms, AAU has been accruing $250 a day in fines for years, which has added up to more than $500,000. The school also owes “a few thousand dollars” stemming from a parking garage that was being used illegally as classrooms at 2296 Taylor Street. … [Read more...] about Showdown nears for Academy of Art’s battle with city planners
It could be ‘advantage smaller banks’ with the government proposing higher insurance cover for depositors and a number of mutual funds taking a hit due to defaults and downgrades in the past couple of years. Finance Minister Nirmala Sitharaman in her second Budget proposed to raise the insurance cover on bank deposits to Rs 5 lakh from Rs 1 lakh at present. This may not augment deposits for big banks that are already safe, but smaller lenders may see more seekers for their fixed deposit products. “Small banks always offered higher rates, but people were worried about putting money there because their business risks were less known. Now, with a higher insurance cover, small bank deposits will turn attractive,” said Vidya Bala, co-founder of PrimeInvestor.in. This could potentially eat into the pie of inflows to debt mutual funds which compete for depositors money. That, too, when a number of mutual fund schemes have taken a hit due to corporate defaults and … [Read more...] about Will better safety help smaller banks wean depositors away from MFs?
Returning from the surgery, Pandya was last month pulled out of the India A team's tour of New Zealand after failing mandatory fitness tests in Mumbai. The selectors had picked him in the squad without testing him in the Ranji matches. … [Read more...] about On road to recovery: Hardik back in the nets