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CHG International
CHG International was an American real estate developer that rose to prominence in the 1980s, primarily in Seattle, Washington. The company was formed in 1971 by Henry Griffin and Clint Hergert and began buying up property in Downtown Seattle in 1976. By 1980, the company had become the largest landowner in Downtown Seattle, with more than 40 properties valued at $1.4 billion. CHG signed a development agreement with the Washington State Convention Center in 1983 to fund private development at the proposed convention center, in exchange for air rights on several downtown parcels. The deal collapsed in December 1984, when CHG filed for bankruptcy after its primary lender, Westside Federal Savings and Loan West Side or Westside may refer to: Places Canada * West Side, a neighbourhood of Windsor, Ontario * West Side, a neighbourhood of Vancouver, British Columbia United Kingdom * West Side, Lewis, Outer Hebrides, Scotland * Westside, Birmingham E ..., backed out. The state govern ...
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Real Estate Developer
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a t ...
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Seattle
Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of North America. The Seattle metropolitan area's population is 4.02 million, making it the 15th-largest in the United States. Its growth rate of 21.1% between 2010 and 2020 makes it one of the nation's fastest-growing large cities. Seattle is situated on an isthmus between Puget Sound (an inlet of the Pacific Ocean) and Lake Washington. It is the northernmost major city in the United States, located about south of the Canadian border. A major gateway for trade with East Asia, Seattle is the fourth-largest port in North America in terms of container handling . The Seattle area was inhabited by Native Americans for at least 4,000 years before the first permanent European settlers. Arthur A. Denny and his group of travelers, subsequ ...
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Henry Griffin
Henry Griffin (1786 – 5 April 1866) was an eminent Irish Anglican bishop in the mid 19th century. He was born in 1786 in Wexford and educated at Trinity College, Dublin. He was the incumbent at Clonfeacle from 1829 until 1854 when he was consecrated Bishop of Limerick, Ardfert and Aghadoe. He died in post on 5 April 1866.''The Times'', Saturday, 7 April 1866; pg. 10; Issue 25466; col C '' Ireland '' He had become a Doctor of Divinity A Doctor of Divinity (D.D. or DDiv; la, Doctor Divinitatis) is the holder of an advanced academic degree in divinity. In the United Kingdom, it is considered an advanced doctoral degree. At the University of Oxford, doctors of divinity are ran ... (DD). References 1786 births 1866 deaths Christian clergy from County Wexford Fellows of Trinity College Dublin 19th-century Anglican bishops in Ireland Bishops of Limerick, Ardfert and Aghadoe Diocese of Limerick, Ardfert and Aghadoe {{Ireland-Anglican-bishop-stub ...
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Clint Hergert
Clint is both a given name and a surname. Notable people with the name include: Given name: *Clint Alberta (1970–2002), Canadian filmmaker *Clint Albright (1926–1999), Canadian ice hockey player *Clint Alfino (born 1968), South African baseball player *Clint Amos (born 1983), Australian rugby league player *Clint Auty (born 1969), Australian cricketer *Clint Bajada (born 1982), Maltese presenter *Clint Barmes (born 1979), American baseball player *Clint Benedict (born 1892), Canadian ice hockey goaltender *Clint Black (born 1962), American country singer and musician *Clint Boon (born 1959), English musician and radio presenter *Clint Boulton (1948–2021), English footballer *Clint Bowyer (born 1979), NASCAR racecar driver *Clint Capela (born 1994), Swiss basketball player *Clint Catalyst (born 1971), American author, actor, model, and spoken word performer *Clint Daniels (born 1974), American singer *Clint Dempsey (born 1983), American soccer player *Clint Eastwood (born 1930 ...
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Downtown Seattle
Downtown is the central business district of Seattle, Washington. It is fairly compact compared with other city centers on the U.S. West Coast due to its geographical situation, being hemmed in on the north and east by hills, on the west by Elliott Bay, and on the south by reclaimed land that was once tidal flats. It is bounded on the north by Denny Way, beyond which are Lower Queen Anne (sometimes known as "Uptown"), Seattle Center, and South Lake Union; on the east by Interstate 5, beyond which is Capitol Hill to the northeast and Central District to the east; on the south by S Dearborn Street, beyond which is Sodo; and on the west by Elliott Bay, a part of Puget Sound. Neighborhoods Belltown, Denny Triangle, the retail district, the West Edge, the financial district, the government district, Pioneer Square, Chinatown, Japantown, Little Saigon, and the western flank of First Hill west of Broadway make up downtown Seattle's chief neighborhoods. Near the center of downto ...
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The Seattle Times
''The Seattle Times'' is a daily newspaper serving Seattle, Washington, United States. It was founded in 1891 and has been owned by the Blethen family since 1896. ''The Seattle Times'' has the largest circulation of any newspaper in Washington (state), Washington state and the Pacific Northwest region. The Seattle Times Company, which is owned by the Blethen family, holds 50.5% of the paper. McClatchy company owns 49.5% of the paper. ''The Seattle Times'' had a longstanding rivalry with the ''Seattle Post-Intelligencer'' newspaper until the latter ceased publication in 2009. Copies are sold at $2 daily in King & adjacent counties (except Island, Thurston & other WA counties, $2.5) or $3 Sundays/Thanksgiving Day (except Island, Thurston & other WA counties, $4). Prices are higher outside Washington state. History ''The Seattle Times'' originated as the ''Seattle Press-Times'', a four-page newspaper founded in 1891 with a daily Newspaper circulation, circulation of 3,500, which M ...
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Washington State Convention Center
The Seattle Convention Center (SCC), formerly the Washington State Convention Center (WSCC), is a convention center in Seattle, Washington, United States. It consists of several exhibition halls and meeting rooms in buildings along Pike Street in Downtown Seattle. Part of the complex straddles Interstate 5 and connects with Freeway Park. The convention center was planned in the late 1970s and funded through $90 million in bonds issued by the state legislature. Construction began in September 1985 after delays in securing private funding; the complex opened on June 18, 1988. A major expansion began in 1999 and was completed in 2001, doubling the amount of exhibition space. A hotel and office tower were added, along with connections to the existing facility via a skybridge over Pike Street. At the site of the Convention Place transit station, located a block north of the original convention center, a second major expansion has been under construction since 2018 and is expec ...
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Air Rights
Air rights are the property interest in the "space" above the earth's surface. Generally speaking, owning, or renting, land or a building includes the right to use and build in the space above the land without interference by others. This legal concept is encoded in the Latin phrase ''Cuius est solum, eius est usque ad coelum et ad inferos'' ("''Whoever owns the soil, it is theirs up to Heaven and down to Hell''."), which appears in medieval Roman law and is credited to 13th-century glossator Accursius; it was notably popularized in common law in '' Commentaries on the Laws of England'' (1766) by William Blackstone; see origins of phrase for details. Air travel Property rights defined by points on the ground once extended indefinitely upward. This notion remained unchallenged before air travel became popular in the early 20th century. To promote air transport, legislators established a public easement for transit at high altitudes, regardless of real estate ownership. New ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ...
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Westside Federal Savings And Loan
West Side or Westside may refer to: Places Canada * West Side, a neighbourhood of Windsor, Ontario * West Side, a neighbourhood of Vancouver, British Columbia United Kingdom * West Side, Lewis, Outer Hebrides, Scotland * Westside, Birmingham England * Westside, Gibraltar United States :''Alphabetical by state'' * Westside, California (other), several places, including: ** Westside (Los Angeles County) ** Westside, Fresno County, California ** West Long Beach, Long Beach * Westside, Jacksonville, Florida * Westside, Georgia * Westside, Atlanta, Georgia * West Side, Chicago, Illinois * Westside (Gary), Indiana * Westside, Iowa * Westside, Baltimore, Maryland * West Side, Wakefield, Massachusetts * West Springfield, Massachusetts * West Side, Manchester, New Hampshire * West Side, Jersey City, New Jersey * West Side, Newark, New Jersey * West Side (Manhattan), New York City, New York * West Side, Binghamton, New York * Westside, Syracuse, New York * West Side, Oregon * W ...
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1971 Establishments In Washington (state)
* The year 1971 had three partial solar eclipses ( February 25, July 22 and August 20) and two total lunar eclipses (February 10, and August 6). The world population increased by 2.1% this year, the highest increase in history. Events January * January 2 – 66 people are killed and over 200 injured during a crush in Glasgow, Scotland. * January 5 – The first ever One Day International cricket match is played between Australia and England at the Melbourne Cricket Ground. * January 8 – Tupamaros kidnap Geoffrey Jackson, British ambassador to Uruguay, in Montevideo, keeping him captive until September. * January 9 – Uruguayan president Jorge Pacheco Areco demands emergency powers for 90 days due to kidnappings, and receives them the next day. * January 12 – The landmark United States television sitcom ''All in the Family'', starring Carroll O'Connor as Archie Bunker, debuts on CBS. * January 14 – Seventy Brazilian political prisoners a ...
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Property Management Companies
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it under the granted property rights. In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property). Property that jointly belongs to more than one party may be possessed or controlled thereby in very similar or very distinct ways, whether simply or complexly, whether equally or unequally. However, there is an expectation that each party's will (rather discretion) with regar ...
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