by German Lopez
90 days ago
Rush to rent underway, sales tax plan criticized, city's retirement system beats projections
A new report found “renters by choice” — those who
can afford to own a house but choose not to — and people returning to
the market in the Great Recession’s aftermath may be driving a rush to rent in Cincinnati, reports The Cincinnati Enquirer.
from CB Richard Ellis found the average apartment occupancy rate was
93.6 percent in 2012, underscoring the need for new apartments in
Downtown and Over-the-Rhine. News of the report came just one day after
City Manager Milton Dohoney Jr. announced his parking plan, which will add 300 luxury apartments to Downtown.
Gov. John Kasich and Ohio legislators are getting some bad feedback
on the governor’s plan to broaden the sales tax, reports Gongwer.
Numbers from Policy Matters Ohio found the sales tax plan would outweigh
sales and income tax cuts for the lower classes, but won’t be enough to
dent tax savings for the wealthiest Ohioans. CityBeat covered Kasich’s budget in detail here.
Not much new information came from a special City Council meeting last night that covered Cincinnati’s public retirement system, reports WVXU. The one piece of new information was that preliminary
numbers show Cincinnati's Retirement System had an 11.9 percent return
on its investments in 2012 — higher than the 7.5 percent that was
Mayor Mark Mallory is using his plan to lower Cincinnati’s infant mortality rate to try to win the Bloomberg Philanthropies’ Mayors Challenge. Mallory’s
proposal would create an Infant Vitality Surveillance Network, which
allows pregnant women to enroll in First Steps, a care program that
maintains a secure database of new mothers and monitors pregnancies,
according to a press release from the mayor’s office. The program could be especially helpful in Cincinnati, which has a higher infant mortality rate than the national average. The Bloomberg challenge pits
mayors around the country against each other to win $5 million or one
of four $1 million prizes for their programs aimed at solving urban
problems and improving city life. With Mallory’s program, Cincinnati is
one of 20 finalists in the competition. Fans can vote on their favorite
program at The Huffington Post.
A local nun may have committed voter fraud,
reports WCPO. Rose Marie Hewitt, the nun in question, died Oct. 4, but
the Hamilton County Board of Elections still received a ballot from her
after she died. Hewitt apparently filed for an absentee ballot on Sept.
11 — less than one month before she died. In a letter to Board of Elections
director Tim Burke, Hamilton County Prosecutor Joe Deters wrote there’s
enough probable cause to believe criminal activity occurred.
In 2012, 88,068 new entities filed to do
business in the state — making the year the best ever for new state filings, according to Secretary of State Jon Husted.
A new bill in the Ohio legislature that allows poll workers to help blind, disabled and illiterate voters file their ballots is getting widespread support,
but another bill that makes it more difficult to get issues on the
ballot is getting a stern look from Democrats, reports Gongwer.
Think your landlord is bad? An Ohio landlord allegedly whipped a late-paying tenant, reports The Associated Press.
The University of Cincinnati surpassed its $1 billion fundraising goal for the Proudly Cincinnati campaign, reports the Business Courier.
President Barack Obama is coming back to Ohio to give the commencement speech at Ohio State University, reports the Business Courier.
Donald Trump is threatening Macy’s protesters with a lawsuit because they want the Cincinnati-based retailer to cut ties with Trump, who is currently contracted as a spokesperson, reports the Business Courier.
Popular Science has seven reasons coffee is good for you.
The Banks is beginning to look like the development many thought would never happen
0 Comments · Tuesday, March 27, 2012
Cartoonist Jim Borgman has taken his shots
at The Banks over the years. From Santa dumping coal on the project
site to comparisons with Northern Kentucky’s exploding development to
The Banks development being transformed into a golf course by five
middle-aged white guys — and we’ve all laughed along.