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New York’s Canal Street neighborhood has long had a reputation as the place to go for designer knockoffs. However, during February of last year, New York City police officers cracked down on what they called “the Counterfeit Triangle,” and confiscated more than $1 million in fake goods. In a news release, Mayor Michael Bloomberg called… Continue Reading Limited crackdowns on counterfeits yield limited results

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It doesn’t take a fortune teller to predict that soldiers will come, and they will go – especially during war time. About 3,000 members of the 4th Brigade Combat Team moving to the Pikes Peak region from Fort Hood and returning from Iraq have begun to arrive. Many have visited their newly assigned post and… Continue Reading Prediction: busy season ahead for multifamily landlords

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Mortgage delinquincies hit record high

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A record 12 percent of homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn’t expected to crest until the end of next year, the Mortgage Bankers Association said Thursday. The foreclosure rate on prime fixed-rate loans… Continue Reading Mortgage delinquincies hit record high

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Veterinarians from across the country will be in Colorado Springs May 29. They’ll be in town to attend a Stem Cell Boot Camp training session, led by local veterinarian Dr. James Gaynor of Peak Performance Veterinary Group, 5520 N. Nevada Ave. Stem cell therapy is used to treat dogs with debilitating arthritis and orthopedic injuries. Veterinarians… Continue Reading Vets coming to Springs for canine stem cell training

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Parade of Retirement Homes June 6 & 7

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Most working folks aren’t thinking retirement yet – especially in the midst of a recession. Their parents and older relatives, on the other hand, might be considering alternatives to typical single family or apartment housing. If that’s the case, the city’s first Parade of Retirement Homes, scheduled for June 6 and 7, might be just the ticket. Stops… Continue Reading Parade of Retirement Homes June 6 & 7

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WASHINGTON – Sales of newly built homes were flat in April, but are now 7 percent above the rock-bottom lows of January, another indication the three-year housing downturn could be ending.The Commerce Department said today that sales rose 0.3 percent in April to a seasonally adjusted annual rate of 352,000. But the increase came from… Continue Reading April new home sales inch upward

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People on the Move – May 28, 2009

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Hap Pitkin has been named fund development director of The Butterfly Pavilion and Insect Center. He has more than 25 years of management and service experience with nonprofit, government and for-profit organizations. Miles Austin has been named chief executive officer of Integrated Alliances. Jill Holmstrom has joined Sterling-Rice Group as account director. Before joining SRG,… Continue Reading People on the Move – May 28, 2009

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Rebecca Taraborelli, her husband, Matt Taraborelli, and brother, Gregory Harris, will open Rasta Pasta, a full-service casual restaurant, at the corner of Boulder and Tejon streets this fall. The owners purchased a one-time license for the brand, signage, menu and recipes from Rasta Pasta founder Scott Lias, who owns the only other Rasta Pasta locations… Continue Reading North downtown development moving on with Rasta Pasta

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The first shot in the battle to keep Army troops at Fort Carson has been fired by a top Senate leader from Texas. Sen. Kay Bailey Hutchison (R-TX) said she is trying to convince the Pentagon to consider Fort Bliss, Tex. over smaller posts like Fort Carson in Colorado when assigning large-scale training operations in… Continue Reading Texas Senator lobbies to move Carson troops to Fort Bliss

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Existing home sales up 2%

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WASHINGTON (AP) – Sales of previously occupied homes rose modestly from March to April as buyers who were brave enough to dive into the market took advantage of prices that were 15.4 percent below year-ago levels.The National Association of Realtors said Wednesday that home sales rose 2.9 percent to an annual rate of 4.68 million… Continue Reading Existing home sales up 2%

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