Moving and Storage Business News

The News Review:

- Columbia’s $6 Billion Expansion Likely to Win Approval From NYC
- Public Storage to Release Third Quarter 2007 Earnings Results and…
- Avoiding a Bad Lease Is Worth Some Short-Term Pain
- Indian semicon special: Increasing brand value for semicon within…

Columbia’s $6 Billion Expansion Likely to Win Approval From NYC
Bloomberg – Nov 23, 2007
“We can create an active street life that will benefit theuniversity and surrounding communities,'' Kasdin said. Columbia says it needs to raze most of the buildings in thedevelopment zone, now dominated by warehouses and auto repairshops. Two storage companies and a gas station have refused tosell their property to the school. Columbia has asked the stateto consider whether the use of eminent domain would beappropriate for taking those properties, if necessary. `Hammer to My Head' “I'm not going to negotiate with a proverbial gun or hammerto my head,'' said Nick Sprayregen, 44, owner of Tuck-It-Away, aself-storage company. He said he is the largest property owner inthe expansion zone, with five buildings there. The community board, a 50-member body appointed by theborough president, objects to the height and bulk of Columbia'sproposed buildings, said.

Public Storage to Release Third Quarter 2007 Earnings Results and…
Business Wire – Business Wire (press release) – Nov 23, 2007
com, under “Corporate Information, Investor Relations”   Date accessible through: November 23, 2007 Company Information Public Storage, a member of the S&P 500 and the Forbes Global 2000, is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates storage facilities. The Company’s headquarters are located in Glendale, California. The Company’s storage properties are located in 38 states and seven Western European nations. At June 30, 2007, the Company had interests in 2,006 storage facilities with approximately 126 million net rentable square feet in the United States and 168 storage facilities with approximately nine million net rentable square feet in Europe. Additional information about Public Storage is available on the Internet. The Company’s web site is…
The Company’s headquarters are located in Glendale, California. The Company’s storage properties are located in 38 states and seven Western European nations. At June 30, 2007, the Company had interests in 2,006 storage facilities with approximately 126 million net rentable square feet in the United States and 168 storage facilities with approximately nine million net rentable square feet in Europe. Additional information about Public Storage is available on the Internet. The Company’s web site is.

Avoiding a Bad Lease Is Worth Some Short-Term Pain
Washington Post – Nov 24, 2007
You need to ask for a copy of the lease long before you start packing. Read it carefully before you put your belongings in a moving truck and relinquish the keys to your old place. You can think more clearly and better understand the lease if you are not reviewing it under duress. Your prospective landlord should be amenable to giving you a lease to look at overnight or for a few hours, rather than forcing you to read and sign it on the spot. Wherever you read the lease, doing so early will give you leeway to address terms that might strike you wrong. Of course, even if you disagree with parts of the lease in the days leading up to your move, you will have to negotiate with your landlord and attempt to settle the problems immediately…
So if you fall or have an accident, a court would evaluate various factors in deciding whether your management company was lax in its care of the dangerous conditions. Obviously, you should do your best to keep from falling and skidding. If you do not think your management company is doing its part in keeping you reasonably safe, call the local government’s housing office to file a complaint. If management is aware of accidents that occurred last year and that residents are contemplating ways to take action, the staff might compel the snow clearers to do a better job this year. Do you have questions, comments or ideas about apartment life? Contact Sara Gebhardt via e-mail at. com’>aptlife@gmail.

Indian semicon special: Increasing brand value for semicon within…
CIOL – Nov 23, 2007
In 2008, we will be seeing more of the assembly, testing, marking and assembly (ATMP) happening in India. The fundamental fabs are still a little far away. Most companies are likely to start off by initially testing waters by making some level of investments in ATMP before moving on to fabs. One cannot also rule out the prospect of some leading Indian company investing in fabs. Lot of the big MNCs have been moving to Fab-Lite, having announced Fab-Lite strategies. They are moving to manufacturing to with people like TSMC, Chartered, etc. If manufacturing happens in the fabs, it would not be from any of the integrated device manufacturers (IDMs).