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Weighted Lottery for 2013 Noncommercial River Trips through the Grand Canyon Now Open

The National Park Service is now accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. https://www.nps.gov/grca/learn/news/2012-02-01_lottery.htm




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Grand Canyon Lottery for 2014 Noncommercial River Trip Permits Opens February 1

On Friday, February 1, 2013 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits will be for specific launch dates within calendar year 2014. https://www.nps.gov/grca/learn/news/2012-01-31_lottery.htm




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Grand Canyon Lottery for 2015 Noncommercial River Trip Permits Opens February 1

On Saturday, February 1, 2014 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. https://www.nps.gov/grca/learn/news/grand-canyon-lottery-for-2015-noncommercial-river-trip-permits-opens-february-1.htm




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2014 Commercial Vehicle Inspection a Success at Grand Canyon National Park

On October 14-15, 2014, the Grand Canyon Fee and Commercial Enforcement Unit partnered with the Grand Canyon Concessions and Fee Management Offices to support ongoing inspections of all commercial traffic entering the park. https://www.nps.gov/grca/learn/news/2014-commercial-inspection.htm




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Grand Canyon National Park Opens 2016 Noncommercial River Trip Permit Lottery

Sunday, February 1, 2015 Grand Canyon National Park will open the permit lottery for 2016 Noncommerical River Trip launch dates. https://www.nps.gov/grca/learn/news/2016-lottery.htm




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Grand Canyon National Park to Open 2017 Noncommercial River Trip Permit Lottery

On Monday, February 1, 2016 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park in 2017. https://www.nps.gov/grca/learn/news/2017-noncommercial-river-lottery.htm




commercial

2016 Commercial Vehicle Inspection a Success at Grand Canyon National Park

On October 3 and 5, 2016, Grand Canyon National Park partnered with Arizona Department of Public Safety and the US Department of Transportation to support ongoing inspections of all commercial traffic entering the park. https://www.nps.gov/grca/learn/news/2016-commercial-vehicle-inspection.htm




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Grand Canyon National Park to Open 2017 Noncommercial River Trip Permit Lottery

On Wednesday, February 1, 2017 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. https://www.nps.gov/grca/learn/news/2018-noncommercial-river-lottery.htm




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Grand Canyon National Park to Open 2019 Noncommercial River Trip Permit Lottery

On Thursday, February 1, 2018 the National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits are for specific launch dates within calendar year 2019. https://www.nps.gov/grca/learn/news/2019-river-lottery-open.htm




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Grand Canyon National Park Noncommercial River Trip Permit Lottery Open for 2020

The National Park Service is accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park. The permits are for launch dates within calendar year 2020. https://www.nps.gov/grca/learn/news/2020-noncommercial-river-trip-lottery.htm




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Grand Canyon National Park Announces 2021 Noncommercial River Trip Lottery Period

The National Park Service will begin accepting applications for noncommercial river trip permits to raft the Colorado River through Grand Canyon National Park on Saturday, Feb. 1, 2020. The permits are for specific launch dates within calendar year 2021. A total of 462 permits will be available for 12- to 25-day river trips. Applications will be accepted online through noon MST on Tuesday, Feb. 25, 2020. https://www.nps.gov/grca/learn/news/2021-river-lottery-01-31-2020.htm




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Financial consequences of commercial thinning regimes in young-growth Douglas-fir

Commercial thinning in fully-stocked normal Douglas-fir stands of merchantable size is evaluated and compared to the alternatives of leaving stands to grow unthinned or of liquidating them. Comparisons are made in terms of volume production and financial returns.




commercial

Growth of Douglas-fir near equipment trails used for commercial thinning in the Oregon Coast Range

Soil disturbance is a visually apparent result of using heavy equipment to harvest trees. Subsequent consequences for growth of remaining trees, however, are variable and seldom quantified. We measured tree growth 7 and 11 years after thinning of trees in four stands of coast Douglas-fir (Pseudotsuga menziesii var. menziesii (Mirb. Franco)) where soil disturbance was limited by using planned skid trails, usually on dry soils. The three younger stands had responded to nitrogen fertilizer in the 4 years before thinning, but only one stand showed continued response in the subsequent 7- or 11-year period after thinning. The most consistent pattern observed was greater growth of residual trees located next to skid trails. The older stand also showed greater growth in trees located next to skid trails, whereas tillage of skid trails failed to benefit growth of nearby residual trees for the first 7 years after tillage. We conclude that traffic that compacted soil only on one side of residual trees did not reduce growth of nearby trees.




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Precommercial thinning: implications of early results from the Tongass-Wide Young-Growth Studies experiments for deer habitat in southeast Alaska.

This report documents the results from the first “5-year” round of understory responses to the Tongass-Wide Young-Growth Studies (TWYGS) treatments, especially in relation to their effects on food resources for black-tailed deer (Odocoileus hemionus sitkensis). Responses of understory vegetation to precommercial silviculture experiments after their first 4 to 8 years posttreatment were analyzed with the Forage Resource Evaluation System for Habitat (FRESH)-Deer model. The studies were conducted in western hemlock (Tsuga heterophylla)-Sitka spruce (Picea sitchensis) young-growth forests in southeast Alaska. All four TWYGS experiments were studied: (I) planting of red alder (Alnus rubra) within 1- to 5-year-old stands; (II) precommercial thinning at narrow and wide spacings (549 and 331 trees per hectare, respectively) in 15- to 25-year-old stands; (III) precommercial thinning at medium spacing (420 trees per hectare) with and without pruning in 25- to 35-yearold stands; and (IV) precommercial thinning at wide spacing (203 trees per hectare) with and without slash treatment versus thinning by girdling in >35-year-old stands. All experiments also included untreated control stands of identical age. FRESHDeer was used to evaluate the implications for deer habitat in terms of forage resources (species-specific biomass, digestible protein, and digestible dry matter) relative to deer metabolic requirements in summer (at two levels of requirements—maintenance only vs. lactation) and in winter (at six levels of snow depth).




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A Guide to Using Commercial WordPress Themes and Plugins

The WordPress ecosystem is chock full of outstanding free software. Why, you could build an entire website using an attractive free theme and a selection of highly-functional plugins. But free...

The post A Guide to Using Commercial WordPress Themes and Plugins appeared first on Speckyboy Design Magazine.




commercial

Space efficient lavatory module for commercial aircraft

A space efficient lavatory module for commercial aircraft includes an aft facing concave wall recess that provides a greater distance from an upper, forward facing portion of a cabin structure, such as an aircraft passenger seat to avoid having a passenger's head impact the aft facing lavatory or enclosure wall in a sudden aircraft deceleration. The aft facing concave wall recess also provides space for mounting of a protective cushion, in order to reduce a passenger's risk of head trauma in a sudden deceleration, as well as other items, such as a video monitor, a bassinet or infant bed, without inhibiting passenger movement.




commercial

Pneumatic tires for commercial vehicles

A pneumatic tire for a commercial vehicle with a tread, wherein at least the part of the tread which comes into contact with the road contains a sulphur-vulcanized rubber mixture. The sulphur-vulcanized rubber mixture contains 90 to 50 phr (parts by weight, based on 100 parts by weight, of all of the rubbers in the mixture) of natural rubber, 10 to 50 phr of at least one polybutadiene having a glass transition temperature Tg of −110 to −65° C. and 5 to 50 phr of at least one aliphatic and/or aromatic hydrocarbon resin having a softening point (ring and ball to ASTM E 28) of 0 to 150° C., and a mean molecular weight Mn of less than 2000 g/mol and a polydispersity D=Mw/Mn of 1 to 5.




commercial

Method for commercial production of small-arms cartridge cases

The invention provides methods for producing varying sizes and types of small firearm cartridge cases using earlier produced cartridge cases as work stock. The preexisting cartridge cases are subjected to a number of machining operations to obtain the desired different sizes and/or types of cartridge cases. The invention considerably shortens the production cycle and substantially decreases the costs of production versus the conventional method of manufacturing new cartridge cases.




commercial

Method by which existing motorized commercial automatic sliding door systems can be adapted for use on new or existing residential (patio) sliding glass or sliding screen doors

An automatic patio sliding door for residential (home) use is created using an existing motorized automatic system which is now in use in commercial, industrial, and public building entrances. A method incorporating a bracket system is used to apply the commercial (hanging track type) automatic door system to existing residential patio sliding doors or to new patio sliding doors. The purpose is to provide hands free opening and closing of patio glass or screen doors (single or double panels). This allows for ease of use of sliding doors when hands are full, guarantees the closing of screen doors or glass doors behind the person to prevent insects getting into the house or loss of air conditioning in the house, and provides an easy access door system in the home for the physically handicapped.




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Commercial Hit Songs - Submit for the SE Asian Market - Taiwan, Japan, China etc

Looking for commercial hit songs for a host of pop artists in China, Taiwan, Hong Kong, Japan etc. We work closely with Universal Music in Hong Kong, giving us direct access to major artists in South East Asia and Japan searching for tracks for their next and current projects.

We are looking for commercial radio tracks which have great beats, memorable hook lines and current styles. Uptempo K-Pop, ballads, R&B/Pop, Rock, Soul and MOR suitable for male, female and boy and girl-bands.

Lyrics may be translated depending on the artist so send in all language demos or masters.

We are looking forward to hearing some great music.

- Dean Hart / Afrikan Cowboy Publishing

Deal Type: Song Placement
Decision Maker: Selected tracks will be pitched for final decision
Deal Structure: Non-Exclusive
Compensation: $1,000+ based on final placement
Song Quality: Rough Demos, Fully mastered, Broadcast ready




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Episode 0x08: Strictly Commercial

Bradley and Karen discuss non-commercial-only commons licenses, particularly the CC-By-NC license, and how they compare to Free Culture and Free Software licenses, and why some authors pick NC licenses instead of Free Culture/Software ones.

Show Notes:

Segment 0 (00:36)


Send feedback and comments on the cast to <oggcast@faif.us>. You can keep in touch with Free as in Freedom on our IRC channel, #faif on irc.freenode.net, and by following Conservancy on on Twitter and and FaiF on Twitter.

Free as in Freedom is produced by Dan Lynch of danlynch.org. Theme music written and performed by Mike Tarantino with Charlie Paxson on drums.

The content of this audcast, and the accompanying show notes and music are licensed under the Creative Commons Attribution-Share-Alike 4.0 license (CC BY-SA 4.0).




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Boeing will cut more than 15% of jobs in commercial jet division, CEO Calhoun says


Boeing will trim its total workforce by 10% to cope with the sharp aviation downturn that pushed it to a $641 million first-quarter loss.





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Commercial fisherman Ross Miller, 90, still building prawn trawlers, despite concerns about industry's future

Ross Miller has no intention of putting the rod into the rack. Instead, he is building another prawn trawler as a legacy to his son.




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Whale entanglements in NSW waters hits new record prompting commercial fishing mitigation

The number of whale entanglements in ropes and floats has reached an unprecedented 35 incidents off NSW so far this year, so commercial fishers are meeting to discuss better practices.




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'We have stories that need telling': Car collision leads to the loss of Kalgoorlie's only commercial TV reporter

An Australian region larger than Texas has lost its only commercial television news reporter, sparking an outcry from former employees, community leaders and viewers.




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Victoria bans commercial fishing on Gippsland Lakes, prioritising recreational fishing

The Victorian Government has passed legislation to phase out the 10 remaining commercial fishing licences in the Gippsland Lakes over the next two years.




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Nanofabrica announces commercial launch of micro-level 3D printing technology

Nanofabrica, an Israel-based developer of precision additve manufacturing technologies, has announced the commercial launch of its micro-level resolution AM technology.



  • 3D Printing Technology

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WIN News to cut four commercial TV newsrooms in Orange, Wagga Wagga, Albury and Bundaberg

Regional communities have been left reeling, following WIN News' announcement it would be axing four commercial television newsrooms in New South Wales and Queensland.




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Cherabin commercial farming by traditional owners in WA's far north to be an Australian first

An Aboriginal corporation in the Kimberley is set to become the first to commercialise the breeding of native freshwater prawns.




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United Food and Commercial Workers Unions v. Novartis Pharmaceutical Corp.

(United States First Circuit) - Affirmed the dismissal of two putative antitrust class actions alleging that a pharmaceutical company took steps to block the entry of generic versions of its leukemia-treatment drug into the U.S. market. The plaintiffs, including several labor union benefit funds, claimed that the drugmaker engaged in anticompetitive conduct by bringing sham infringement lawsuits against manufacturers trying to enter the market with generic versions of that drug. Dismissing the complaints, the district court held that the plaintiffs had not plausibly alleged their claims, and the First Circuit affirmed.



  • Antitrust & Trade Regulation
  • Health Law
  • Drugs & Biotech

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Corrugated Iron Gets Commercial Radio Airplay!

Corrugated Iron Get Triple M Commercial Radio Airplay!




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Esteemed Classical Violinist Xia Xia Zhang's First Commercially Released Single Zhang’s Rendition Of The Famous Classic Cesar Franck Violin Sonata In A Minor II Alle

Xia Xia Zhang, Classical Violinist Performs Her Seven Minute,forty-two Second Long Version Of The Franck Violin Sonata By Cesar Franck. It Is One Of His Best-known Compositions, And Is Considered One




commercial

United Food and Commercial Workers Unions v. Novartis Pharmaceutical Corp.

(United States First Circuit) - Affirmed the dismissal of two putative antitrust class actions alleging that a pharmaceutical company took steps to block the entry of generic versions of its leukemia-treatment drug into the U.S. market. The plaintiffs, including several labor union benefit funds, claimed that the drugmaker engaged in anticompetitive conduct by bringing sham infringement lawsuits against manufacturers trying to enter the market with generic versions of that drug. Dismissing the complaints, the district court held that the plaintiffs had not plausibly alleged their claims, and the First Circuit affirmed.



  • Antitrust & Trade Regulation
  • Health Law
  • Drugs & Biotech

commercial

United Food and Commercial Workers Unions v. Novartis Pharmaceutical Corp.

(United States First Circuit) - Affirmed the dismissal of two putative antitrust class actions alleging that a pharmaceutical company took steps to block the entry of generic versions of its leukemia-treatment drug into the U.S. market. The plaintiffs, including several labor union benefit funds, claimed that the drugmaker engaged in anticompetitive conduct by bringing sham infringement lawsuits against manufacturers trying to enter the market with generic versions of that drug. Dismissing the complaints, the district court held that the plaintiffs had not plausibly alleged their claims, and the First Circuit affirmed.



  • Antitrust & Trade Regulation
  • Health Law
  • Drugs & Biotech

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Commercial & Mixed Majors Bowling Results

Commercial Bowling League action at the Warwick Lanes saw the Sweet Life defeat the Spinners 4 – 0, B.T.C. defeated the Pin Pushers 3 – 1, while the Secret Weapons defeated Spare Me 3 – 1. Spare Change defeated the Braves 3 – 1, while the matches between the Sunset and Who Gives A Split […]

(Click to read the full article)




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Commercial Bowling League Results

Commercial Bowling League action at the Warwick Lanes saw the Sweet Life defeat B.T.C. 3 – 1, the Braves defeated the Super Stars 3 – 1, while the Sunset defeated the Spinners 3 – 1. The Secret Weapons defeated Cool Runnings 3 – 1, while the Pin Pushers defeated Who Gives A Split 3 – […]

(Click to read the full article)




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Commercial Bowling League Results

In Commercial Bowling League action, the Super Stars defeated Sweet Life 4 – 0, Cool Runnings defeated the Pin Pushers 4 – 0, while the Spinners defeated the Spare Change 3 – 1, with Spare Me defeating Who Gives A Split 3 – 1. Secret Weapons defeated the Sunset 3 – 1 and the Braves […]

(Click to read the full article)




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Commercial Bowling League Results

Commercial Bowling League action at the Warwick Lanes saw Sweet Life defeat the Braves 4 – 0, while the Spinners defeated the Ten Pins 4 – 0, while Spare Me defeated the Sunset 3 – 1. The Super Stars defeated Who Gives A Split 3 – 1, while the Secret Weapons defeated the Pin Pushers […]

(Click to read the full article)




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Commercial Bowling & Mixed Majors Results

Commercial Bowling League action at the Warwick Lanes saw the Pin Pushers defeat the Super Stars 4 – 0, Sweet Life defeated Ten Pins 3 – 1. Who Gives A Split defeated the Braves 3 – 1, while B.T.C. defeated the Secret Weapons 3 – 1. The match between the Sunset and Cool Runnings and […]

(Click to read the full article)




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Commercial Bowling & Mixed Majors Results

Commercial Bowling League action at the Warwick Lanes saw Who Gives A Split defeat the Super Stars 4 – 0,  while the league leaders Sweet Life defeated the Secret Weapons 3 – 1, the Sunset defeated Spare Me 3 – 1, B.T.C. defeated the Ten Pins 3 – 1 and Cool Runnings defeated the Spinners […]

(Click to read the full article)




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Bowling: Commercial & Mixed Majors Results

Commercial Bowling League action at the Warwick Lanes saw Sweet Life defeat Spare Me 3 – 1, the Pin Pushers defeat the Secret Weapons 3 – 1, while the Braves defeated the Sunset 3 – 1, Who Gives A Split defeated the Ten Pins 3 – 1, the Super Stars defeated the Spinners 3 – […]

(Click to read the full article)




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Commercial & Mixed Major Bowling Results

Commercial Bowling League action at the Warwick Lanes saw the Super Stars defeat B.T.C. 4 – 0, the league leaders Sweet Life defeat Braves 3 – 1, the Ten Pins defeat Sunset 3 – 1, while Spare Me defeated Pin Pushers 3 – 1. Cool Runnings defeated Who Gives A Split 3 – 1 and […]

(Click to read the full article)




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Commercial & Mixed Majors Bowling Results

Commercial Bowling League action at the Warwick Lanes saw Ten Pins defeat Cool Runnings 4 – 0, the Spinners defeat the Pin Pushers 4 – 0, while Spare Me defeated the Braves 3 – 1, the Sunset defeated the league leaders Sweet Life 3 – 1, the Secret Weapons defeated the Super Stars 3 – […]

(Click to read the full article)




commercial

Commercial & Mixed Majors Bowling Results

Commercial Bowling League action at the Warwick Lanes saw Sweet Life defeat Spare Me 3 – 1, B.T.C. defeated the Pin Pushers 3 – 1, while the Sunset defeated the Spinners 3 – 1. Who Gives A Split defeated the Braves 3 – 1, while the Ten Pins defeated the Super Stars 3 – 1 […]

(Click to read the full article)




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Bermuda Commercial Bank Sale Update

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited [Somers] a financial services investment holding company, filed an update on the sale of Bermuda Commercial Bank. The full filing stated: “Somers Limited, a financial services investment holding company, is pleased to announce that further to the announcement on 5 February 2019 that Somers […]

(Click to read the full article)




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Commercial Pressure

Is this the reason that Albert Turkey keeps having fatals??

I know I wrote in several places last year that it must be the most dangerous festival on earth.

This year it has done nothing to dispel the myth.

But I just came across this.

Oct 12, 2008 (Albuquerque Journal - McClatchy-Tribune Information Services via COMTEX)

Maryann Myers flew in from Michigan just to see the fabled balloons she had heard so much about. But all she got to see Saturday morning were flames shooting from a propane tank and some people flying kites.
"We're very disappointed," she said.

Saturday's mass ascension was canceled due to wind, leaving a restless weekend crowd milling around the park seeking a diversion -- there's not much to see at a balloon festival sans balloons.

But organizers and pilots made every effort to appease the masses. Before the sun rose, several propane tanks belched fire into the darkness, surrounded by appreciative crowds.

Myers was standing near one such tank with her daughter-in-law and granddaughter Saturday morning, deciding what to do with the rest of their day. They planned to take in some of the booths at fiesta, visit the balloon museum and were hopeful that some balloons might inflate but stay grounded.

"We'll try and salvage the day," said Myers' daughterin-law Camely Myers, of Albuquerque. She said she has other activities planned for the weekend visit, but nothing that rivals the mass ascension.

"This was supposed to be the highlight," she said.

As the sky grew lighter and the crowd thinned, an enormous sheet of balloon material became a playground for the remaining children. Held near the ground by organizers at each corner, the sheet flapped in the wind as kids ducked underneath and played beneath its folds.

Colby Boudet, 4, was having fun playing under the sheet, but he still hadn't seen what he came for. Boudet's family flew in from Illinois on Friday for a trip they've been planning for nearly a year.

"We haven't seen a balloon yet," said Colby's father, Robert Boudet. But despite the disappointment, he said his son was finding ways to have fun anyway.

"He's having a good time collecting the trading cards," he said. "He loves balloons; that's his No. 1 thing."

Although several teams tried to inflate their balloons on the ground, their efforts were stymied by the winds. The Wells Fargo stagecoach made perhaps the most valiant effort but had to be deflated before it fully took shape.

The morning's only silver lining was that the same wind that canceled the ascension provided excellent kite-flying weather.

Colbie Boyd, 3, was flying a kite with her grandmother Saturday and seemed unconcerned about the cancelation. Her parents are pilots who live in Albuquerque, so there is no shortage of balloons in her world.

"Last Saturday was beautiful," said her grandmother, Jan Alford. Just then, though, Boyd let go of her fish-shaped kite, and Alford had to go running after it.

A farewell mass ascension is scheduled for 7 a.m. today, weather permitting. Inside

The balloon pilot injured in Friday's crash that killed another man remained in critical condition Saturday.


Now if that is not pouring the pressure on I'm not sure what is.

Is the Albert Turkey festival for balloonists or the public watching??? If it has turned into an event to please the masses then something is out of balance.

It amazes me that a local newspaper was not more sympathetic to high winds and their associated problems after last Fridays accident.

Looks like at Albert Turkey its less than a 1/1000 chance of death or serious injury when the flying field is opened.

Just being the biggest does not make an event the best.

But then thats America for ya all.

On a much brighter note, the 2010 Gordon Bennett coming to the UK, thats fantastic well done Jon and David.




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Varvel: Drawing campaign commercials

Watch Gary Varvel's time lapse video of of negative political campaign commercials.

      




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Cartoonist Gary Varvel: Negative campaign commercials

Many voters are turned off by political attacks.

      




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A blockbuster Facebook office deal is a make-or-break moment for the future of commercial real estate. 3 leasing experts lay out the stakes.

  • Facebook has been in negotiations for months to lease over 700,000 square feet at the Farley Building on Manhattan's West Side. 
  • Office leasing activity in the city has plummeted, giving the blockbuster deal even more importance as a sign of life in a suddenly lethargic market.
  • The coronavirus has spurred a deep downturn in the economy that is already being felt in the city's commercial real-estate market, prompting a big slowdown in leasing activity.  
  • The rapid expansion of tech in recent years has propelled the city's office market. Real estate execs say that Facebook's big deal is a key barometer. 
  • The crisis also raises questions whether tenants will ever occupy office space the same way as companies and their workforces around the world grow familiar with remote work. 
  • Click here for more BI Prime stories.

Leasing activity in New York City's multi-billion-dollar commercial office market has dropped precipitously as the coronavirus has battered the market and raised questions of when — and even if — tenants can return to the workplace in a post-Covid world.

Amid the growing concerns the crisis will smother what had been robust demand for office space, eyes in the city's real estate industry have turned to a pending blockbuster deal on the West Side that could offer a signal of confidence to the market.

Facebook is in talks to take over 700,000 square feet of space in the Farley Building, a block-long property across Eighth Avenue from Penn Station.

"If that deal happens, then this market will be just fine," said Peter Riguardi, the New York area chairman and president of JLL. "If the deal happens but it's renegotiated, it will be fine, but it will be a trend that every tenant can follow. And if it doesn't happen, I would be very concerned about the market."

Read More: Inside the drama over control of the iconic Chrysler Building: A real-estate tycoon and a prestigious college are renegotiating a critical $150 million deal.

Facebook's NYC real-estate footprint

Last year, Facebook signed on for 1.5 million square feet in the Hudson Yards mega-development just west of the Farley Building, taking space in three new office towers at the project.

For months the $600 billion Silicon Valley-based social media giant has been in negotiations for even more space at the nearby Farley Building, whose interior landlord Vornado Realty Trust is redeveloping to include newly built office and retail space.

Vornado had originally expected to complete the deal with Facebook in early March, according to a source familiar with the negotiations. The talks have continued on as the virus pandemic has brought commerce and social life to a virtual halt. The source expected the lease, which will commit Facebook to pay hundreds of millions of dollars in rent for the space over the life of the lease, to soon be completed.

In a conference call with investors and analysts on Tuesday to discuss Vornado's first-quarter earnings, the company's CEO Steve Roth also hinted that the Facebook deal was still on track.

"There's another large tenant that has been rumored to be that we've been in dialogue with," Roth said, not directly naming the company. "That conversation is going forward aggressively and hopefully maybe even almost complete."

Rapid growth in Big Tech leasing before coronavirus

Recent real-estate decisions by Facebook and other tech companies have worried real-estate executives that they may reconsider their footprint after years of dramatic growth. Facebook on Thursday revealed that the bulk of its over 40,000-person workforce will be asked to work remotely for the remainder of the year, a timeline that appears to show the company is using caution in returning to its footprint.

Read More: Neiman Marcus just filed for bankruptcy, and it could mark a major blow to NYC's glitzy Hudson Yards — one of the most expensive mega-malls in US history. Here's why.

Real-estate executives have expressed concern that tenants may become accustomed to offloading a portion or even the bulk of their workforce to a remote-working model, leading them to drastically reduce their office commitments.

At a minimum, the economic upheaval has appeared to spur a newfound sense of caution in tech companies that have grown rapidly in recent years. Alphabet called off negotiations to expand its San Francisco offices by over 2 million square feet in recent weeks, according to a report from The Information.  

Tech has been a big driver of demand for office space

In recent years the tech industry had become one of the most voracious takers of space in the city, helping to push up commercial rents and spur the construction of new office space.

In 2019, tech firms accounted for 24.5% of the 31.6 million square feet of leasing activity in Manhattan, eclipsing the financial industry as the city's biggest space-taking sector for the first time, according to data from the real estate services and brokerage firm CBRE.

In 2010 tech leasing comprised just 4% of the 24.2 million square feet that was leased in the Manhattan market that year, CBRE said.

"Nothing has buoyed the confidence of landlords more in recent years than tech tenants," said Sacha Zarba, a leasing executive at CBRE who specializes in working with tech firms. "It didn't matter where your building was. If it was attractive to tech, you would stand a good chance to lease your space. If that industry retrenches a bit, it removes a big driver of demand."

The Manhattan office market has slowed rapidly in recent weeks as the virus crisis has battered the economy and shut down daily life.

About 844,000 square feet of space was leased in Manhattan in April, according to CBRE, 64% lower than the five-year monthly average. In the first four months of the year, nearly seven million square feet was leased, a decline of 30% for the same period a year ago. 

So far, however, there are signs that tech continues to snap up space.

After scuttling plans to develop a 25,000 person second headquarters space in Long Island City last year, Amazon purchased 424 Fifth Avenue, a former flagship department store for Lord & Taylor, for nearly $1 billion in March. That property totals about 660,000 square feet. Late last year, before the pandemic hit U.S. shores but had flared in China, Amazon also leased 335,000 square feet at 410 Tenth Avenue.

The commitments of major tech companies absorb millions of square feet in the city, but they also help fuel a larger ecosystem of tenants that occupies an even larger footprint. That means that a decrease in the real estate of just a few big tech players could be multiplied across the market as smaller players in the sector follow suit.

"Those big tech firms do a fantastic job of training and credentialing tech talent on the city," said Matt Harrigan, a co-founder of Company, a space incubator at 335 Madison Avenue that provides offices and community for both startups and more established tech firms. "Google and Facebook spin off talent who start or join other tech ventures that take space. That's what's so important about having the large presence of those companies here."

Have a tip? Contact Daniel Geiger at dgeiger@businessinsider.com or via encrypted messaging app Signal at +1 (646) 352-2884, or Twitter DM at @dangeiger79. You can also contact Business Insider securely via SecureDrop.

SEE ALSO: What to expect when you're back in the office: 7 real-estate experts break down what the transition will look like, and why the workplace may never be the same

SEE ALSO: Major tenants are delaying big leases in NYC as they re-think their office space needs for the post-coronavirus world

SEE ALSO: As WeWork and flex-space rivals stumble, 18 million square feet of space in NYC is at risk. Here's what that means for the real-estate market.

SEE ALSO: BI Prime Edit in Viking Neiman Marcus just filed for bankruptcy, and it could mark a major blow to NYC's glitzy Hudson Yards — one of the most expensive mega-malls in US history. Here's why.

Join the conversation about this story »

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