The Wilbert Group Blog

Posts tagged iStar

Making News: Our Clients in the Headlines 4/12/17

Share

image21. Hard hats and construction trucks are beginning to move out of Avalon’s new wing, Boulevard East. The experiential mixed-use mecca in Alpharetta will unveil its second phase expansion to the public with a 13-hour grand opening celebration this Thursday, April 13. To see a preview of the new shops and eateries, read this Atlanta Journal Constitution article, which features an inside look at Avalon’s highly anticipated Boulevard East.

2. Any businesses relying on independent contractors – including shared economy or “gig” economy businesses – should pay close attention to a recent court ruling that granted Uber a significant victory in the industry’s ongoing misclassification battle. That’s according to Fisher Phillips Columbia, S.C. attorneys Steve Mitchell and Sheila Bias, who penned an op-ed in Midlands Biz detailing how employers can apply the lessons this ruling teaches. Reviewing the factors the court cited should assist in establishing preferred practices that will minimize the changes of a misclassification lawsuit and maximize the chances of success should such a lawsuit be filed against your business.

hive_mind_arise_13. Atlanta has a new destination where you can grab some lunch and see dozens of artists creating work right in the heart of Midtown: The Creative Hive Project, which has brought individuals and arts organizations to Colony Square. Mixed in with restaurants, retail and offices are a dozen artists or arts groups working right out in the open. To learn more about when you can see the Creative Hive Project at Colony Square, listen to this WABE story.

4. Edward Andrews Homes’ Alpharetta community, Larkspur, is a new take on the “active adult” formula. Its target market is “a generation of buyers that are trading in their large family homes and entering a new chapter lived on their own terms,” says Caroline Simmel, senior vice president of marketing. Imagine yourself living in one of these beautiful homes with this Atlanta magazine article.

5. A new standard of luxury can be found in the Maisonettes at Mandarin Oriental, Atlanta, a collection of three villa-style private residences (from $2.8 million) that are part of The Residences at Mandarin Oriental, Atlanta. Each three-level abode features a one-of-a-kind floor plan and plenty of outdoor space. Hardwood floors, marble accents, massive windows, and hand-crafted stone fireplace mantels give the units a sleek, elevated feel. Check out the incredible pictures and learn more in this Robb Report article.

Screen Shot 2017-04-11 at 4.19.18 PM

Making News: Our Clients in the Headlines

Share
SkyHouse Buckhead advertises its units for lease to motorists in Buckhead. Average rents are climbing as apartment vacancy remains tight amid a development boom

SkyHouse Buckhead advertises its units for lease to motorists in Buckhead. Average rents are climbing as apartment vacancy remains tight amid a development boom

  1. The Atlanta Journal Constitution reports that the city’s steadily increasing apartment developments will continue to grow for the foreseeable future. Ryan Davis of Witten and Associates, speaking at the Atlanta Apartment Association’s bi-annual Market Outlook breakfast, attributed the increase to Milliennials’ inclination towards renting rather than purchasing a home, as well as a steady increase in jobs (77,000 in the past year in metro Atlanta). According to data firm Axiometrics, rents in metro Atlanta grew at an annual rate of 7.3 percent and the average two-bedroom unit rented for $1,020 in June, while occupancy stood at 94.7 percent.

 

  1. Fisher & Phillips, a law firm specializing in labor and employment law, has released a new report on the early impact of the National Labor Relations Board’s so-called “quickie election” rule that went into effect this April. The Atlanta Business Chronicle reports that little change has occurred in the outcomes of union elections conducted under the shortened timetable, with only a slight increase in elections compared to the same time last year. Bert Brannen, managing partner of the Atlanta office of Fisher & Phillips, says the data “indicates unions are attempting to take advantage of the new process and creating issues for employers who may oppose the unions’ efforts. [But] the number of elections to go to a vote have decreased. … Some employers may see that as a positive sign.”
The kids clearly enjoyed the festivities!

The kids clearly enjoyed the festivities!

  1. This past weekend, Atlantic Station had a TON going on. Examiner reports that last Saturday, Central Park featured a college game tailgate, plus the King of Pops were set up from noon-7:00 p.m. (we hear the Salted Caramel flavor was unforgettable). The college game day tailgate featured The Big Green Egg, Chevy trucks, Johnsonville brats, and more – families were very welcome! If bone licking BBQ was more of visitors’ speed, they were able to attend the Atlanta BBQ Festival with 50 professional and amateur BBQ teams competing for the title of Best BBQ in Atlanta.
  1. Two-dozen Boys & Girls Clubs of America facilities across the country are about to get a makeover. Atlanta-based Aaron’s Inc. is set to announce a $5 million, three-year national partnership with the organization to help empower at-risk teenagers, reports the Atlanta Business Chronicle. The donation will support the nonprofit’s Keystone Club, its premier national teen leadership and character program. The announcement will take place August 24 at the Warren Boys & Girls Club in Grant Park, where Aaron’s will unveil a $25,000 makeover — including donations of furniture, electronics and appliances as well as paint.
  1. iStar has already surpassed last year’s total sales, selling 10 units for a total of $22 million at The Residences at Mandarin Oriental. The team, led by exclusive listing broker Karen Rodriguez, has completed $38.2 million in sales at the property since taking over the project in January 2014, according to Unique Homes. The next build-out phase is underway for the second full-floor condo, Residence 52, a stunning penthouse-style home priced at $4.2 million that includes four bedrooms, 4 ½ baths, a Carrera marble entry, Waterworks fixtures, and nearly 800 square feet of outdoor terrace space. The first full-floor unit, Residence 51, is under contract for nearly $4 million. For homeowners who desire a fully customizable residence, The Residences are offering two full floors as unfinished homes. Currently, there are four finished units available, with an additional six units under construction.
The Residences at Mandarin Oriental

The Residences at Mandarin Oriental