Schumer Calls On VA To Explain Use Of Unproven Drug On Vets

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Photo: BFMTV / YouTubeWASHINGTON — The Senate’s top Democrat on Sunday called on the Department of Veterans Affairs to explain why it allowed the use of an unproven drug on veterans for the Coronavirus, saying patients may have been put at unnecessary risk.Sen. Charles Schumer of New York said the VA needs to provide Congress more information about a recent bulk order for $208,000 worth of hydroxychloroquine.President Donald Trump has heavily promoted the malaria drug, without evidence, as a treatment for COVID-19.Schumer’s request comes after a whistleblower complaint filed this past week by former Health and Human Services official Rick Bright alleged that the Trump administration, eager for a quick fix to the onslaught of the coronavirus, wanted to “flood” hot spots in New York and New Jersey with the drug. Major veterans organizations have urged VA to explain under what circumstances VA doctors initiate discussion of hydroxychloroquine with veterans as a treatment option.Schumer said given the fact the malaria drug, despite being untested, had been repeatedly pushed publicly by Trump, VA Secretary Robert Wilkie must address whether anyone at the department was pressured by the White House or the administration to use hydroxychloroquine for COVID-19.Schumer said Wilkie also should answer questions about a recent analysis of VA hospital data that showed there were more deaths among patients given hydroxychloroquine versus standard care, including how much patients knew about the drug’s risks before taking it.In a statement Sunday, VA spokeswoman Christina Noel called it “preposterous” for anyone to suggest that VA would make treatment decisions based on anything other than “the best medical interests of patients.”“VA only permits use of the drug after ensuring veterans and caretakers are aware of potential risks associated with it, as we do with any other drug or treatment,” she said.Wilkie in recent weeks has denied that veterans were used as test subjects for the drug and that it was instead administered at government-run VA hospitals only when medically appropriate, with mutual consent between doctor and patient.Still, Wilkie and the department have repeatedly declined to say how widely the drug was being used for COVID-19, including how many veterans were given the drug, and whether VA doctors were given guidance by VA headquarters on specific scenarios when it should be used.In a weekly call with veterans’ groups this past week, Wilkie continued to defend VA’s use of hydroxychloroquine. He dismissed the recent analysis of VA hospital data showing no benefits to patients, suggesting the poor outcomes were because the cases involved older, very sick veterans.“Use of this medication for treatment of COVID-19 is considered ‘off label’ — perfectly legal and not rare,” he wrote in an April 29 letter to veterans’ groups.The analysis of hospital data, done by independent researchers at two universities with VA approval, was not a rigorous experiment. Researchers analyzed medical records of 368 older male veterans hospitalized with confirmed coronavirus infection at VA medical centers who died or were discharged by April 11.About 28% of veterans who were given hydroxychloroquine plus usual care died, versus 11% of those getting routine care alone.The VA recently said most of its recent bulk order for hydroxychloroquine was being used for approved uses, such as treating lupus and rheumatoid arthritis, but it didn’t provide breakdowns.Wilkie in recent weeks took advocacy of the drug even further than Trump by claiming without evidence that it has been effective for young and middle-aged veterans in particular. In fact, there is no published evidence showing that.Veterans are “very concerned that we still do not have clarity on the VA’s past and present use of hydroxychloroquine in treating veterans with COVID-19,” Jeremy Butler, chief executive officer of Iraq and Afghanistan Veterans of America, told the AP.“Now that the federal government issued an emergency use authorization for remdesivir to treat COVID-19, we need answers to these questions as well as the VA’s plans for administering, or not administering, remdesivir,” he said. That action by the Food and Drug Administration came after preliminary results from a government-sponsored study showed that remdesivir shortened the time to recovery by 31%, or about four days on average, for hospitalized COVID-19 patients.In a tweet Sunday, former VA Secretary David Shulkin urged the department to immediately curtail use of hydroxychloroquine for COVID-19. “With studies showing no benefit, VA should restrict use exclusively to clinical trials,” he wrote. Shulkin was fired by Trump in March 2018, and Wilkie replaced him.Schumer said his main concern is determining whether the VA had conducted any “clandestine studies to determine whether hydroxychloroquine was effective without their permission.” He said there’s also concern that the department won’t address specifically where the drug was sent.“These are people who risked their lives for us,” Schumer said. “They should be treated only with the utmost dignity, respect and high standards of care.”The drug has long been used to treat malaria and other ailments. A few, very small preliminary studies suggested it might help prevent the coronavirus from entering cells and possibly help patients clear the virus sooner. But the FDA last month warned doctors against prescribing the drug for COVID-19 outside hospitals because of the risks of serious side effects and death.last_img read more

Bellone Likely a Shoe-in, But Legislative Races Could Be Costly for Dems and GOP

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 33-point lead may not be insurmountable on a football field—unless it’s late in the fourth quarter—but it’s a very tough hurdle in a political campaign with time running out before the general election. It happens to be the gap in the Suffolk County executive race, according to a recent poll.The candidate on top is the incumbent, Suffolk County Executive Steve Bellone, a Democrat, and the underdog is his little-known Republican challenger James O’Connor, a former North Hempstead Town board member who moved from Nassau to Suffolk about a decade ago.An Oct. 6 Siena College/Newsday/News 12 survey had Bellone enjoying a 61-28 percent advantage after 400 registered and likely voters weighed in. What’s also telling is that a majority told the same pollsters they thought that the county was on the right track.Granted, the survey was conducted before Standard & Poor’s released its latest bond-rating that dropped Suffolk down another notch, from A+ to A, and also said the county’s long-term rating outlook was “negative.”“This is a fiscal crisis beyond any that we’ve ever seen,” exclaimed Suffolk Republican Chairman John Jay LaValle, adding that “we have a county executive that can’t stop spending money.”He noted that Bellone claims he hasn’t raised the general fund property tax increase for the fourth year in a row but won’t mention that police district taxes, which are slated to rise 3 percent in the county’s 2016 budget, have gone up in each of the last three years.“He’s raising taxes and the bond rating’s diving,” LaValle told the Press. “We’re a mess and it’s getting worse.”As for the prospects of O’Connor, LaValle’s pick to replace Bellone, the Republican chairman insisted that the “Sienna poll is flawed because it’s based on a balanced turnout [of voters on Election Day]…but Republicans vote in off-year elections and Democrats stay home.”LaValle pointed out that the Sienna polls made the same mistake predicting that Rep. Tim Bishop (D-Southampton) would keep his Congressional seat instead of losing to state Sen. Lee Zeldin (R-Shirley) last fall.The Suffolk Republican party leader conceded that O’Connor “has a lot less money and got a later start” in the race than they would have liked “but the reality is that his message is strong and people are paying attention now.”Getting enough Suffolk Democrats to re-elect Bellone as county executive race is definitely a worry for Suffolk Democratic Chairman Rich Schaffer, who’s also Babylon Town supervisor.“I think Steve’s got a very good chance based on his record of accomplishment,” Schaffer told the Press, but “the one thing that concerns me is turnout, because this guy O’Connor has literally done nothing in this campaign.”Schaffer said that usually in an off-year election like this one, about 23 percent to 27 percent of the registered voters come to the polls, and “that’s what we’ve focused our efforts on: educating the voters and putting a lot into our turnout operation.”Regarding Suffolk’s declining bond rating, Schaffer said that under Bellone’s leadership the county has “made some great strides” in dealing with the structural imbalance in Suffolk’s fiscal condition, and Standard & Poor’s had taken that into consideration.“It didn’t take one day to get into this situation,” Schaffer said, “and the financial rating agencies understand that it will take a lot of effort and time to get out of this situation.”This year, despite having a Democratic incumbent as Suffolk County executive and a 10-to-6 majority of the Suffolk Legislature’s 18 seats (the Working Families Party and Independence Party also each have one), Schaffer’s party organization has had to overcome its own fiscal imbalance. In September Schaffer called a special meeting of the Democratic executive committee and reportedly got authorization to borrow up to $500,000. Schaffer, an attorney, had already given the party an $80,000 “no interest loan” to get through Election Day, he told the Press, explaining that they’d started door-to-door paid canvassing early this year and planned to launch TV ads in the next two weeks for a couple of legislative districts which he declined to name.As for his own political forecast, Schaffer exclaimed, “I don’t think the town races are competitive as in years past.” Suffolk’s 10 townships are evenly split between the two parties, and that status quo will most likely remain unchanged after the Nov. 3 general election.But Schaffer did predict that the race for the 14th Legislative District, currently held by Kevin J. McCaffrey, the legislature’s minority leader, “is going to be a very close race, and I think it could surprise the Republicans there.” The Democratic challenger is Tim Sini, Bellone’s deputy for public safety.“We expect that we are going to have more Republican legislators after Election Day,” countered LaValle, the Suffolk GOP chairman. He put the number at “five, possibly six” seats.No matter how he does the math, LaValle can’t count on the Republicans electing a candidate from the 9th Legislative District in Islip because they aren’t running one. But judging from the Islip Town Democratic Committee’s website, they aren’t running one, either. And that’s why the race for this seat is probably the bitterest political contest in Suffolk this fall because it’s split the local Democratic Party and could be a harbinger of a future upset to come.It pits Legis. Monica Martinez, a Democrat now running on the Working Families Party and Independence Party lines, against Giovanni Mata, an Islip Democrat who won the primary because she dropped out of the race after her campaign was accused of filing fraudulent petitions to get her on the ballot. She declined to have her day in court, and Judge Joseph Santorelli directed the Suffolk Board of Elections not to put her name on the Democratic ballot in the September primary. Mata was the de facto winner.Republican Islip Town Supervisor Angie Carpenter, left, is running against Democratic challenger Tom Licari, right.At the head of Citizens United to Reform Islip, the Democratic slate of candidates that included Mata, was former Legis. Rick Montano, who was challenging the Islip Town Democratic Committee’s candidate Tom Licari for Islip supervisor in the primary. Licari wound up beating him by only 87 votes—1,000 to 913. Montano claims his campaign spent $13,000 compared to the $53,000 spent by the town committee with another $28,000 chipped in by Schaffer’s county committee. Schaffer did not dispute those figures but they may not include all the campaign expenditures depending on further review.The turnout represented barely 2.9 percent of Islip’s 65,726 registered voters, and tellingly for the general election, Bellone had prominently supported Licari. Primaries rarely draw a high proportion of voters no matter who’s on the ballot in an off-year election, but the weather was also a factor in keeping people away from the polls since 2.3 inches of rain fell that day on Islip, more than 60 percent of the monthly average, according to the National Weather Service’s Upton facility.Montano, who seemed surprisingly upbeat despite his defeat, said, “We did great, considering the forces against us.” His animosity toward his own party’s chairman is not a secret and the feeling is mutual.Montano declined to endorse the triumphant Licari against the incumbent Republican Angie Carpenter, and Schaffer refused to back Mata in his legislative race. At the Sept. 24 meeting of the Suffolk County Democratic Executive Committee, held at the Melville Hilton, Schaffer not only urged members of his party to support Martinez for re-election, he went even further, infuriating Mata’s supporters who were there.“I said he [Mata] should go look for support from his Republican friends that he has supported,” Schaffer told the Press. “I don’t think he has any intention of working with us.”“Giovanni Mata is the designated candidate of the Democratic Party whether Schaffer likes it or not,” Montano said to the Press. “Once Giovanni gets elected, he’s a Democrat. He’s going to caucus [in the legislature] as a Democrat. If Schaffer tries to exclude him from the caucus, we will have the biggest fight, legally and otherwise, because that’s just not going to happen. Giovanni’s going to take his place as a Democratic legislator from this district.”The 9th Suffolk County Legislative District, which includes Brentwood, Central Islip and North Bay Shore, predominantly represents African-American and Latino residents. As such, it’s also got a strong contingent of immigrants, particularly from El Salvador, which is still recovering from a bitter civil war. Mata, a native Salvadoran, moved to the U.S. when he was 13. Martinez emigrated from El Salvador when she was 3.What happens in Islip this November may have a impact far beyond its borders. Compared to other Long Island towns, Islip’s political lineage is significant since it connects to the New York State Senate as well as Congress.With Montano out of the race and plotting his next move, the competition for Islip Town supervisor features two candidates from Fire Island: Carpenter has a place in Ocean Beach and Licari has a home in Kismet. Licari’s campaign manager, Matt Tighe, explained that “his family has lived there for over 80 years,” but insisted that Licari has “strong roots all over town.” Carpenter ran her first race for county legislature in 1992 from West Islip and served in the legislature until 2005 when she was elected Suffolk County treasurer.Earlier this year, Carpenter was appointed Islip supervisor by Islip Republican leaders to replace Tom Croci, who’d left town hall to run for the state senate. He defeated Adrienne Esposito, the executive director of Citizens Campaign for the Environment. Esposito, a Democrat, had begun her campaign thinking she was going to oppose Islip Town board member Anthony Senft, who was implicated, fairly or not, by the dumping scandal involving tons of toxic waste found at Roberto Clemente Park and other sites. Since Senft, a Conservative, was the town board’s liaison to the parks department, the issue was too hot for him to handle. He withdrew from the race, and Croci entered it.The state Senate seat was vacant because Sen. Lee Zeldin, the Republican then representing Shirley, had beaten his long-time Democratic rival, Rep. Tim Bishop, who’d creamed him the first time they faced each other. Nationally, Democrats were counting on Bishop to keep the House Republicans from gaining strength in Washington, D.C. In New York, Democrats were hoping to replace Zeldin and weaken the Republicans’ hold in Albany. It would have been like winning the trifecta since the Democrats already have the Assembly through gerrymandering and the governorship thanks to Andrew Cuomo.But as the countdown to Nov. 3 gets closer, the state Senate remains in Republican hands, even though by party regulation it’s a tie, with 31 Republicans and 31 Democrats, and one seat vacant. In practice, the GOP wields control because five members of the Independent Democratic Caucus and a conservative Democrat from Brooklyn, Simcha Felder, conference with them, thereby making Sen. John Flanagan (R-Smithtown) the  majority leader. Flanagan took over the top post last year after Sen. Dean Skelos (R-Rockville Centre) had to step down because he was indicted on federal corruption charges. Skelos, who pleaded not guilty, is still serving in the senate from his Nassau district pending the outcome of the case. Tellingly, Skelos’s indictment reportedly came about by a federal investigation into former Assembly Speaker Sheldon Silver (D-Manhattan), who remains in office but yielded his powerful position to Assemb. Carl Hastie (D-Bronx), who graduated from Stony Brook University.And for now, those powerful connections are about as good as it gets for Suffolk County. Until next year’s presidential election, when all bets are off and it’s a brand new game.last_img read more

Three ways to enhance cybersecurity preparedness

first_imgCredit union leaders come together each year at the CUNA Governmental Affairs Conference (GAC) to share insights on advocacy, strategic trends, and the pulse of the industry.During the 2016 CUNA GAC, we once again celebrated strong year-over-year national growth, with credit union memberships growing nearly 4% to 105 million, assets growing 6.5% to $1.23 trillion, and loans growing 10.4% to $808.7 billion, according to CUNA.Clearly, new heights of achievement are looming. But at the same time, leaders must remember that continuous growth brings additional responsibilities.While it is a privilege to deliver innovative services to an increasing number of members and communities, in this day and age, doing so requires a commitment to leveraging state-of-the-art information security. continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Cost, complexity may be steeper in mergers of equals

first_imgWhen credit unions of near-equal size combine forces, the aim is to realize significant economies of scale while controlling, as much as possible, merger-related costs that could wipe out those gains. 4Front Credit Union accomplished that goal through careful planning and guidance from seasoned advisors, says CEO David Leusink, a CUES member.The $459 million Traverse City, Mich., credit union serving 68,000 members was formed in January 2015 through the merger of Members Credit Union and Bay Winds Federal Credit Union, two thriving financial institutions looking to fend off market and regulatory pressures and improve product and service offerings by doubling in size.“We use the word ‘partnership’ a lot” to emphasize that synergy, Leusink says. On the other hand, a merger of near-equals, no matter how like-minded they may be, poses the potential for additional costs that might not be as significant when a smaller organization merges into a larger continuing credit union.Contract termination fees to part ways with core and card processing vendors were the biggest direct merger costs, but those expenses may be largely offset over time, he says. The seven-year agreement 4Front CU signed for credit card processing, for example, is expected to trim $10.3 million from what the merging credit unions would have paid separately over that time. continue reading » 23SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

‘Get out of jail for free,’ Senator Akshar criticizes new bail reform laws

first_img(WBNG) — State Senator Fred Akshar has released a statement to 12 News regarding the new bail reform laws which will go into effect Jan 1. 2020. The statement reads: The new laws will eliminate cash bail for multiple, mostly non-violent crimes. The laws will release most individuals in these cases with an appearance ticket to return to court at a later date. Akshar told 12 News in November that the law is “nothing more but a criminal’s bill of rights.” In five days, the misguided and overreaching bail reform laws enacted by New York’s One Party Rule will go into effect, handing out new “get-out-of-jail-free” cards for an exceedingly long list of crimes.Unfortunately, those crimes not only include Animal Abuse, Animal Fighting and Animal Torture, but Reckless Assault of a Child, Aggravated Assault on children under 11, Criminal Possession of a Firearm, Aggravated Vehicular Manslaughter and many more.I voted “No” on these misguided policies driven by far-left New York City-based activists, but with the Democrat Party controlling the majorities in each branch of government, these so-called reforms were forced through anyway.It’s not as if the New York State Senate Democrats, the Assembly or the Governor’s staff weren’t aware of these loopholes and consequences, they just didn’t care.Elections have consequences, and whether it’s driver’s licenses for illegal immigrants or free college for illegal immigrants, or radical bail reform, this “new” New York under One Party Rule continues to show its allegiance lies with downstate, far-left political interests rather than with hardworking, law-abiding middle-class families.I’m urging anyone opposed to these reforms to sign our statewide petition against the measure and show New York’s One Party Rule that they don’t represent our interests.last_img read more

Coronavirus cases in Germany soar past 10,000

first_imgThe data is compiled from regional authorities of cases tested for the virus. But depending on an individual state’s policies, many other possible cases may not have been tested because they show only mild symptoms or have not been in contact with a known case.  With the contagion showing no signs of abating authorities have ordered schools closed, non-essential shops shut and made repeated calls for Germans to stay home.With the pleas appearing to fall on the deaf ears of some, two small Bavarian villages have imposed a lockdown.Leaders in bigger cities and regions have also warned that they may be forced to take tougher action.  Germany has recorded 10,999 cases of the novel coronavirus, official data showed Thursday, with the number of new reported infections rising by 2,801 in a single day.Twenty people have died from the viral infection, data from the disease control agency Robert Koch Institute (RKI) showed.North Rhine-Westphalia remains the worst-hit state, with 3,033 COVID-19 cases, up 661 from a day ago. “I cannot and will not rule out taking further measures in the coming days,” Berlin mayor Michael Mueller said Wednesday.”The question of a lockdown can play a role. That can be decided quickly. In that case, the parks and gardens will be closed,” he warned.center_img Topics :last_img read more

Russia cracks down on marmot hunting after bubonic plague alert

first_imgRussia said on Monday it had stepped up patrols to stop people hunting marmots near its border with China and Mongolia after the countries reported possible cases of bubonic plague, which can be carried by the animals.Authorities in Bayan Nur, a city in the Chinese region of Inner Mongolia, issued a warning on Sunday after a hospital reported a suspected case of the deadly disease.The Chinese region forbade the hunting and eating of the large rodents and asked the public to report any suspected cases, as well as any sick or dead marmots. Neighboring Mongolia also reported two cases of bubonic plague linked to people eating marmot meat in its western Khovd province last week.Authorities in Russia’s Altai region, which borders Kazakhstan, China and Mongolia, said officials were patrolling the area to enforce a ban on hunting marmots and to warn people about the dangers, TASS news agency reported.The local branch of Rospotrebnadzor, the consumer health watchdog, said the cases across the border did not pose a threat to people in Altai, TASS reported.The bubonic plague, known as the “Black Death” in the Middle Ages, is a highly infectious and often fatal disease that is spread mostly by rodents. Bubonic plague outbreaks have become increasingly rare.Topics :last_img read more

Civil groups condemn cyberattacks on Indonesian government critics

first_imgPandu has been voicing his concerns about the government’s COVID-19-related policies, such as tourism promotion amid the pandemic, campaigns for a “new normal” and the ineffectiveness of rapid antibody tests that have become a requirement for traveling.On Thursday midnight, news website, which is a part of Tempo Media Group that also publishes Koran Tempo daily and Tempo weekly magazine, was hacked until early Friday. The media group’s pandemic reported has included criticism against government policies.  At 12:30 a.m., the homepage turned black and played “Gugur Bunga” (Fallen Flowers), a patriotic song honoring fallen wartime heroes, for 15 minutes. The screen displayed the message, “Stop Hoaxes, Don’t lie to the Indonesian People, Return to true journalistic ethics [and] obey the Press Council. Don’t [bow down to] people who pay. Deface By @xdigeeembok.” chief editor Setri Yasra said the attack was an attempt to silence the media.  Civil groups have condemned recent cyberattacks on the websites of two prominent institutions and the social media account of a scientist, all of whom have been critical of the government’s handling of the COVID-19 pandemic, calling them a threat to democracy and freedom of speech.The Twitter account of Pandu Riono, an epidemiologist at the University of Indonesia (UI), was reportedly hacked on Wednesday. The handle, @drpriono, posted pictures that aimed to damage Pandu’s reputation. The account was secured on Sunday and the pictures deleted.Prior to the incident, Pandu slammed a potential COVID-19 vaccine developed by Surabaya-based Airlangga University, saying it had yet to undergo clinical trials. He also criticized the university for not reporting its findings to the Food and Drug Monitoring Agency (BPOM) and handing it over to the State Intelligence Agency (BIN) and the Indonesian Army instead. “We condemn anyone who tries to interfere with the work of the press. Press products are not always perfect, but we have a controlled mechanism, we have a press council to go to,” Setri told The Jakarta Post on Friday.The website of a research group that is also known to be critical of the government’s coronavirus policies, the Center for Indonesia’s Strategic Development Initiatives (CISDI), was hacked for three days starting on Wednesday. The attack caused the institution to lose important documents on its website, Civil Society Coalition, whose members include Amnesty International Indonesia, the Indonesian Legal Aid Institute (YLBHI) and the Southeast Asia Freedom of Expression Network (SAFEnet), demanded that the government and law enforcement bodies transparently investigate the cyberattacks and punished the perpetrators.Amnesty International Indonesia has recorded at least 35 cases of alleged intimidation and digital attacks on government critics since February last year.Read also: RI faces heightened threat of cyberattacks amid outbreak“The government must explain and share their information to the public — whether the attacks against the critics have anything to do with the government — because the public doesn’t have the tools or access [for an investigation],” YLBHI chairwoman Asfinawati told The Jakarta Post on Saturday.Amnesty International Indonesia executive director Usman Hamid said if the hackers were found to be part of the state, there should be no impunity.“Silencing criticism is a violation of human rights. The people’s rights to express their opinion is guaranteed in both Indonesia’s Constitution and international human rights laws,” Usman said in a written statement on Friday.Communications and Information Minister Johnny G Plate said labeling the cyberattacks as “silencing criticism” was a serious, groundless accusation.“Don’t make accusations based on assumptions. Cybercrime happens every minute on any digital platform, including digital businesses and government websites, not just or Pandu Riono’s account,” he told the Post on Saturday.Read also: Indonesian businesses ramp up cybersecurity budget amid rampant attacksJohnny said the ministry was ready to help but expected the victims to be proactive in reporting their case to the ministry or to the police, so the latter could move quickly to track down the perpetrators. In addition, the ministry and the National Cyber and Encryption Agency (BSSN) could audit the security system of the hacked parties.“The ministry cannot take action if there is no report. For example, we can’t just go into Tempo’s system without permission, right?”He added that the ministry would like to evaluate and improve Tempo’s cybersecurity system.“A strong system won’t be easily breached. The rising number of cyberattacks is a reminder for us to improve our security system and protect our digital space.”Topics :last_img read more

CBD sizzling hot in the unit market with project selling out pre-launch

first_imgSpire Residences, Brisbane.Sensitive to its heritage surrounds, Mr O’Rorke said the building featured folded brickwork on the Ann St entry to complement its St John’s Cathedral neighbour. On the Queen St entry, an exterior cascading vertical garden wall welcomes residents to the vaulted lobby inside. Dominated by a grand staircase that is surrounded by cafes, a library and casual meeting areas, this lobby space has been designed for residents to socialise in or escape to for privacy. Spire Residences in the Brisbane CBD have sold out of all 340 apartments before it officially hits the market on Tuesday (Sept 19).A BRISBANE development set to change the face of city living for young professionals will be officially launched on Tuesday (Sept 19). Spire Residences, a $190 million project by Consolidated Properties, totally pre-sold off the plan within eight months of release in the CBD. Spire Residences, Brisbane.The 40-level building with 340 apartments features one and two-bedroom pads with views and state-of-the-art facilities including an infinity edge rooftop pool, a private rooftop dining room with expansive views of the city, a library and private theatre.Consolidated Properties executive chairman Don O’Rorke said the Spire Residences combinedlocal, interstate and international inspiration, skills and operators to create this unique residentialMore from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoplayground as Brisbane’s newest CBD address.center_img Spire Residences, Brisbane.“We are excited to have worked with award-winning Brisbane restaurateurs Urbane to design therooftop private dining room, Melbourne architect John Wardle to design the innovative building and international artist Peter Hennessy to create commissioned art pieces as well as Hutchinson Builders and a host of other specialists in their fields,” he said.“These elements and more have helped Spire to set a new level in city apartment living for Brisbane.”Sensitive to its heritage surrounds, the building features folded brickwork on the Ann St entry tocomplement its St John’s Cathedral neighbour. On the Queen St entry, an exterior cascading vertical garden wall welcomes residents to the vaulted lobby inside. last_img read more

Swiss pension fund tenders $10m factoring mandate using IPE Quest

first_imgA consultant has tendered a $10m (€9m) global factoring mandate on behalf of an undisclosed pension fund based in Switzerland, using IPE Quest.According to search QN-2214, the client is looking for “investable commingled fund vehicles predominantly focused on factoring”.Applicants should have at least $250m in assets under management (AUM) in the asset class and a track record of at least two years.Interested parties should state performance until the end of June, net of fees. The deadline for applications is 31 August.Separately, in Quest search QN-2213, Kottmann Advisory is tendering a global small-cap equity mandate on behalf of an undisclosed pension fund based in Switzerland.The mandate is for up to €20m, although this amount could be allocated to a number of fund managers.Applicants should have at least €50m in AUM in the asset class.Interested parties should state performance to 30 June, net of fees.The deadline for applications is 26 August.The IPE news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information direct from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email read more