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Daily Archives: July 26, 1996

Write-offs, zoning breaks prompt property donations

So he decides to give the building to a non-profit agency. Now, says Louis D’Amato, a local real estate attorney who cites this example, instead of owing tax on $9 million, the owner gets a tax deduction of $10 million ...

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Strong Memorial workers
ratify two-year deal

Strong Memorial Hospital employees have ratified a new two-year contract and canceled a one-day strike originally called for Monday. Nearly 900 hospital and University of Rochester Medical Center staff are covered by the agreement reached with Local 1199-Rochester. It is ...

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FSBOs market offers ripe opportunities for Realtors

The National Association of Realtors research department produces some outstanding publications for use by real estate professionals. One of the more recent ones is entitled “Targeting Prospective Homebuyers and Homesellers.” This report, which is based on extensive survey work with ...

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Edith Martin:
Preparing for an information shake-up at Eastman Kodak Co.

Edith Martin just bought a spread in Wyoming, a ranch and in a separate deal an adjacent outfitting firm that runs wild-sheep hunts in the area. Martin, named Eastman Kodak Co.’s chief information officer in January, will not say how ...

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Leon Kastner Wholesale Meats Corp.

Leon Kastner Wholesale Meats Corp. provides meat and specialty foods to most of the upscale restaurants and country clubs in the Rochester area and has clients across Western New York and the Southern Tier. The company’s specialty, owner and President ...

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Commitment pays

First, Frontier Field opened to sellout crowds. Then, back-to-back news of private development in the High Falls district arrived. It all was enough for Rochester Deputy Mayor Jeffrey Carlson to exult: “What’s happening is what we said would happen.” The ...

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Comic strips earned stamp of approval

I admit it: It’s an obvious case of gross parental failure and surrender to the sinister electronic forces that surround us. Is it possible for the comics to compete with TV, video and rented movies? It’s a question of glitz, ...

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Need to rely on non-traditional collateral growing

With the advent of the service economy and the growth of many computer-and technology-related companies, the demand for capital has been dramatic. In offering financing to these types of companies lenders and investors frequently are faced with the need to ...

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Assess self before seeking partnership

“There is nothing to fear but fear itself.” –Franklin Delano Roosevelt One of the significant challenges facing non-profits today is the demand for cost-effective, quality services. Government funders, public contributors and consumers are clamoring for “more for less” as the ...

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Flawed NAFTA really stuck it to U.S. workers

Supporters of the North American Free Trade Agreement–implemented two years ago with great fanfare–have been suspiciously quiet lately. And with good reason, as it turns out, since the problems facing workers in all three countries have grown substantially since NAFTA. ...

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Non-Profit Report:
Greater Rochester Chapter of the American Red Cross

A WEEKLY PROFILE OF A LOCAL NON-PROFIT ORGANIZATION The Greater Rochester Chapter of the American Red Cross helps people prevent, prepare for and respond to many types of emergencies. It provides disaster assistance, teaches life-saving health and safety training, works ...

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Portfolio: ACC Corp.

A weekly report compiled from the proxy statement and annual report of a publicly held company with local headquarters or a company with a major division in the area Based in Rochester, ACC Corp. (OTC-ACCC) is a telecommunications holding company. ...

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Calendar: July 26 – Aug. 8

FRIDAY, JULY 26 Rochester Professional Consultants’ Network Semimonthly Meeting–7:30 a.m.–Call 247-4735 for more information. MONDAY, JULY 29 Henrietta Public Library LIBRA Class– Free–10 a.m.–455 Calkins Road–Call 359- 7092 to register. Rochester Institute of Technology Printing and Imaging Seminar–“Screen-Printing Academy”–Five sessions ...

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RBJ Daily Edition 7-19-96

Buffalo Bills games? If you’ll excuse the cliche, been there, done that. The Super Bowl? Thirty seconds after it starts, it’s just another football game (except that it has more TV timeouts and an interminable halftime show during which you ...

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R.J. Russell Realtors
to file for bankruptcy

The Prudential R.J. Russell Realtors plans to file a petition under Chapter 11 of the U.S. Bankruptcy Code. The filing–by one of Rochester’s largest residential brokers–is expected to have a ripple effect whose scope can now only be guessed at ...

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