Monday Morning Miscellany
Same is true Oakland for that matter. If you are under 80 you may not appreciate magnitude of news that Duranti's Restaurant is closing. What is going
Both Oakland and Downtown would be stories unto themselves normal economic times.. That little of these pressures appear to have let up going a year into a recession is that much more remarkable.
Is Casino Journal shut down or just on indefinite leave? Looks like Neil Bluhm has also been their space (under original home of Pittsburgh Penguins)? I am told its all going to be converted into offices which reflects just how tight demand is for space is Oakland and immmediate environs. I bet it's tighter than Downtown by some measures even with impending move of Children's Hospital out of neighborhood which could create some supply. awarded a license for a casino suburban Chicago.
Mentioned passing this WSJ article last week: Grim Debt Prognosis At Health Nonprofits is this quote:
West Penn Allegheny Health Care System, survivor to
$1.3 billion bankruptcy by Pennsylvania-based Allegheny Health Care Education and Research Foundation July 1998, finds its Moody's Ba3-rated junk bond debt trading at about 48 cents on dollar.
48 cents on dollar is not good.
Not really news, but AP is running a blurb about how 2008 data will show that Pittsburgh passenger total expected to hit record low out at airport.
Sometimes you just have to fill space. What is point of doing a quarter by quarter breakdown of game yesterday. Also up in Cleveland the hopes that Bill Cowher will come to save them continue to escalate. jaw came out fighting when Titans were stomping on a Terrible Towel. You have to wonder a bit.
And finally, my news filter caught this headline which I thought was about Pittsburgh: Layoffs, Pay Cuts Cast Shadow Across City of Steel. But it's from St. Petersburg, and not that St. Petersburg either.