AEG Presents And Barclays Center Owners To Purchase NYC’s Webster Hall

first_imgOne of Manhattan’s nightlife staples is going corporate. After 27 years of operating multi-floor East-Village nightclub Webster Hall, the Ballinger family has announced that they will sell the 131-year-old venue to concert promotion giant AEG Presents and Barclay’s Center owners Brooklyn Sports and Entertainment, according to a report in Billboard. The two firms will assume operating rights, assets and the long-term lease from building owner Unity Gallega while Bowery Presents (whom AEG purchased earlier this year) will take over booking and talent buying.The deal originated as a Brooklyn Sports and Entertainment venture, but they eventually made the call to bring in AEG as a 50-50 partnership. Says BSE CEO Brett Yormark, “While we were having [preliminary] discussions, AEG finalized the acquisition of Bowery Presents, which used to book Webster Hall. We’re going to partner on all facets of the business, but obviously let those that know it best lead the way,” Yormark said. Up until March 2014, Bowery had an exclusive at the venue, and Yormark said that the new agreement means the Bowery team will once more be charged with programming and marketing Webster Hall.AEG and BSE plan to spend about $10 million renovating Webster Hall’s Grand Ballroom, The Studio and The Marlin Room spaces to bring them up to contemporary standards and add a few more customer features.According to AEG chairman Jay Marciano, “You can’t replace a venue of its size and stature anywhere on the island of Manhattan, and we jumped at the chance to bring Webster Hall into our growing venue portfolio” which includes staple New York City venues like Terminal 5 and Music Hall of Williamsburg. “It would be cost prohibitive to try and build a venue like Webster Hall from scratch,” says Marciano. “Knowing what I know about New York real estate, I don’t think you could build it for less than $100 million. Webster Hall is a landmark, historic building whose use as a public assembly venue dates back to the 1800s. It’s a venue that any promoter would want to have in their portfolio.”Yormark hopes Webster Hall and other AEG/Bowery Presents facilities become feeder venues for rising artists who aspire to play big arena shows at Nassau Coliseum and Barclays Center.“We’re trying to diversify our venue portfolio so we can connect with artists early and often,” he says. “We have a progression approach that allows us to get to know them and let them understand the experience they’ll have when they play one of our venues.”[h/t – Billboard]last_img read more

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Bolsa Chica Dredging and Beach Nourishment Project on the Table

first_imgThe U.S. Army Corps of Engineers, Los Angeles District, has received an application for a 10-year permit for the Bolsa Chica Lowlands Restoration Project.The Bolsa Chica Project is an approximately 950-acre coastal wetland restoration scheme located on lands owned by the State of California.It is the largest coastal wetland restoration project completed in California, where a new coastal inlet has been developed to restore tidal influence to previously diked and drained wetlands.According to the Corps, the project was opened to tidal influence in 2006 and included the construction of an approximately 167-acre Full Tidal Basin (FTB) along with muted tidal basins consisting of the Pocket Marsh, West Muted Tidal Basin (MTB), Central MTB, and East MTB, as well as Seasonal Ponds and the Future Full Tidal Basin.The project also included the first two sediment management dredging cycles required for the scheme. Additional dredging, which was contemplated in the original environmental review for the project has been performed periodically under extensions of the previous permits.Now, the California State Lands Commission and the U.S. Fish and Wildlife Service are jointly submitting the application for the maintenance dredging and beach nourishment activities for ecological restoration, flood risk management at the Bolsa Chica Lowlands Restoration Project site.The sediment management dredging program for the Bolsa Chica Lowlands is proposed to continue removing sands from the Full Tidal Basin entrance channel and flood shoal deposits on a recurrent cycle of every one to three years, with the next cycle anticipated to begin in fall-winter 2017.As reported by the applicant, each dredging cycle would dredge approximately 50,000 to 350,000m³ (65,397 to 457,782 cy) of material, depending on conditions. These amounts would be consistent with those allowed under prior Corps permits for the project.Like in previously permitted dredging cycles, the material will be excavated from intertidal and shallow subtidal deposits and placed back into the littoral cell at the down coast beach in an area extending from the southern inlet channel jetty a distance of up to 5,000 feet down coast to the location of the Huntington Bluffs, a natural headlands that does not retain a wide beach.The receiver beach is the Bolsa Chica State Beach and the Huntington Beach City Beach, both State Parks-owned properties. The dredged sand is to be deposited along the beach face, or within near shore subtidal areas, to provide feed sand for littoral transport southeastward along the shoreline.[mappress mapid=”24685″]last_img read more

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Women’s volleyball hosts season-opening tournament

first_imgIt was a tough end to the season when the women’s volleyball team lost in five sets to No. 9 Kansas in the regional final of the NCAA tournament last December. But this season, the team is back and preparing for another deep playoff run. In 2015, the Women of Troy were expected to place fifth in the Pac-12, but instead dominated the tournament and finished first. They went into the NCAA tournament as the No. 1 seed.This year, the Women of Troy open the regular season ranked No. 7 and will host the Baden Invitational this weekend. As part of the tournament, USC will face off against Marquette, Santa Clara and UC Irvine.Going into this year, the team is experiencing various personnel changes that may alter the course of their season. Samantha Bricio and Alicia Ogoms, both huge contributors to the 2015 team, graduated in May, leaving opportunity for younger players to step up this season.Joining the team this year are four freshmen: Outside hitter Khalia Lanier, opposite hitter Daley Krage and liberos Noelle Pardo and Raegan LeGrand. Lanier was named the Gatorade National Volleyball Player of the Year in 2016. Adding to that group are two transfers: Junior setter Nikki Leonard and sophomore middle blocker Madison Murtagh. Both transfers are capable of playing this season and may have an impact on the starting roster.Also joining the roster is senior setter Alexa Strange, who has been competing as a member of the two-time national championship beach volleyball team. In 2016, she earned Pac-12 All-Conference team honors and scored the determining point in various dual victories for USC.Returning junior opposite hitter Brittany Abercrombie is also expected to help the Trojans this season. Standing at 6-foot-2, Abercrombie was named to the Pac-12 All-Conference Team last season. She also recorded career highs with a .500 hitting percentage, 16 kills against Washington State and 35 attacks against Colorado.Returning seniors include libero Taylor Whittingham, middle blocker Elise Ruddins and setter Alice Pizzasegola. Whittingham was named to the 2016 Pac-12 Volleyball All-Star team and led the team with 611 digs. In 2015, Ruddins started in each of the 36 matches the Trojans played and finished with 193 kills. Pizzasegola also appeared in all 36 matches as a setter last season and received a Pac-12 All-Academic honorable mention.The Trojans are coached for the 16th straight season by head coach Mick Haley. He has led the team to two national championships and 15 NCAA Tournament appearances. This Friday, the team will play their first game against Marquette at 8 p.m. The Women of Troy then play two games on Saturday, facing off against Santa Clara in a 10 a.m. tilt followed by a game against UC Irvine at 8 p.m.last_img read more

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Greenlight Planet gets USD 5 mln funding from OPIC

first_imgNew Delhi, Feb 23 (PTI) Overseas Private Investment Corporation (OPIC), the development finance institution of the US government, led a USD 5 million financing in Greenlight Planet, which distributes solar energy products for off-grid homes in emerging markets.”This is the third round of funding for Greenlight Planet. Previously, they received their seed funding from Prabhat Sinha, a co-founder of ZS Associates, followed by a Series A funding led by Bamboo Finance and a recent Series B funding from Fidelity Investments,” a press release said.”We?re building the worlds largest rooftop solar consumer base in emerging markets and are delighted to have OPICs expertise on-board. This financing enables us to massively expand distribution globally and commercialise a much demanded pay-as-you-go solution by our consumers,” says Anish Thakkar, the companys CEO and Co-Founder.Since its inception in 2009, Greenlight Planet has sold over 4.5 million solar lighting and phone charging devices. Now the company is targeting an aggressive penetration of 30 per cent of off-grid households by 2020. PTI KKS MRlast_img read more

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