Brian Vanderhoff's North Fulton Real Estate Blog: July 2015

Fox News Trading was halted for more than two hours on the New York Stock Exchange floor Wednesday after an internal technical issue was detected – amid other cyber glitches that officials are investigating but have not yet determined to be connected or part of any cyberattack. Trading stopped around 11:30 a.m. ET though NYSE - listed shares continued to trade on other exchanges such as the Nasdaq. The New York Stock Exchange, which is owned by Intercontinental Exchange, has experienced technical difficulties in the past. Though the NYSE – the world’s largest stock exchange based on market capitalization - has experienced technical ticks in the past, Wednesday’s issue was out of the ordinary. Shortly after the outage, which was unusual and symbolic, the NYSE tweeted that the issue was internal and not a breach. "The issue we are experiencing is an internal technical issue and is not the result of a cyber breach," the exchange tweeted. "We chose to suspend trading on NYSE to avoid problems arising from our technical issue." Still, the timing of the event coincided with other cyber glitches Wednesday including a computer issue that temporarily grounded all United Airlines flights as well as an outage on The Wall Street Journal’s homepage. In that case, the newspaper’s homepage displayed a 504 outage though other sections on the online paper’s website, continued to function. Department of Homeland Security Secretary Jeh Johnson tried to allay fears, saying, “It appears from what we know at this stage that the malfunctions at United and at the stock exchange were not the result of any nefarious actor.” He added, “We know less about the Wall Street Journal at this point except that their system is back up again as is the United Airline system.” The White House confirmed to Fox News that President Obama had been briefed on the NYSE situation. Sen. Bill Nelson, D-Fla., the top Democrat on the cyber-security subcommittee, told Fox News that the NYSE incident has “the appearance” of a cyberattack and noted the coordination of multiple sites. An FBI official told Fox News that the bureau has offered its assistance concerning the NYSE situation, but at this time it does not appear to be nefarious. Fox News’ Chad Pergram and Matthew Dean contributed to this report.

Labels: Computer issues, New Category, technical difficulty, United Airlines

Story Woodstock-Town Lake Patch Take a peak inside these exceptional homes in the Peach State. By SCOTT BERNARDE (Patch Staff) July 4, 2015 Check out these Amazing Homes

Labels: Amazing Homes in Georgia

Large, mixed-use development faces limits Story by NorthFulton.com The Vicker's Village proposed mixed-use development at the corner of Canton Street and Woodstock Street in Roswell was approved June 23 with restrictions. The Vicker's Village proposed mixed-use development at the corner of Canton Street and Woodstock Street in Roswell was approved June 23 with restrictions. Posted Wednesday, June 24, 2015 2:47 pm COMMENT Jonathan Copsey ROSWELL Ga. – A proposed mixed-use development in the heart of Roswell’s Canton Street was approved June 23 by the City Council, albeit with restrictions. The Vicker's Village development is proposed to sit at the corner of Canton Street and Woodstock Street, on the northern edge of the walkable area of Roswell’s heart. A mixed-use development, Vicker's was proposed to have 80 apartments and feature a mix of retail and restaurants on the ground floor. The retail, commercial and office space would be about 16,000 square feet in size. The development also features a large public plaza at the corner of the streets, making for a gathering place. The developer, King Lowry Ventures, asked the city for variances to allow a fourth story as well as allowing residential multi-family housing. A buffer variance was also requested. “The development of Canton Street has caused a significant impact on property values,” said Don Rolader, attorney for the applicant. “[The existing property] is ugly and an eyesore. There are abandoned stores and houses.” Indeed, the development would replace the Vicker's Automotive store as well as several old and sometimes derelict homes beside it. Despite this, nearby residents organized against the development, seeing it as too large for the corner and too intense for Canton Street. The height of four stories was one issue, as was the sheer size of the development. While it was stepped back from Canton Street, to appear smaller, in the rear the building had no design. This made it look very large, said residents. This concerned members of council. “There's nothing wrong with change, but we have to be careful about what we put in there,” said Councilmember Kent Igleheart. “This is just so much.” His fellow councilmember Rich Dippolito agreed. “We are taking six parcels and consolidating them as one building,” said Dippolito. “If this were on Alpharetta Highway (Ga. 9), we would be loving this thing.” Councilmember Becky Wynn suggested approving the development and its multi-family aspect, but denying the extra story as well as the buffer variance. There will be a minimum size to the homes built. “To put multi-family uses in here is important for the vitality of the area,” said Councilmember Nancy Diamond. “Given what this corner represents in this corridor, it needs to be something special. We need to get this right.” The project was approved 3-2, with Dippolito and Igleheart opposed. RN 06-25-15

Labels: Roswell, Roswell Canton Street, roswell ga, roswell georgia, Vickers's Village