Bike Financing – Cycling Fan http://www.cyclingfan.org/ Wed, 05 Jan 2022 01:30:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://www.cyclingfan.org/wp-content/uploads/2021/04/default1-150x150.png Bike Financing – Cycling Fan http://www.cyclingfan.org/ 32 32 Cambridge 2021 Year in Review – PRINTED VERSION ONLY | Cambridge News / Deerfield Independent http://www.cyclingfan.org/cambridge-2021-year-in-review-printed-version-only-cambridge-news-deerfield-independent/ Tue, 04 Jan 2022 21:00:00 +0000 http://www.cyclingfan.org/cambridge-2021-year-in-review-printed-version-only-cambridge-news-deerfield-independent/ Country united states of americaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, […]]]>


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9 deaths in 5 road accidents http://www.cyclingfan.org/9-deaths-in-5-road-accidents/ Sun, 02 Jan 2022 18:00:00 +0000 http://www.cyclingfan.org/9-deaths-in-5-road-accidents/ Nine people, including three teenagers, were killed, while scores of others were injured, in five separate traffic accidents in Dinajpur, Barishal, Jashore and Bogura yesterday. In Dinajpur, three grade 8 and 9 students were killed at Birganj upazila. For all the latest news, follow the Daily Star’s Google News channel. The dead were identified as […]]]>

Nine people, including three teenagers, were killed, while scores of others were injured, in five separate traffic accidents in Dinajpur, Barishal, Jashore and Bogura yesterday.

In Dinajpur, three grade 8 and 9 students were killed at Birganj upazila.

For all the latest news, follow the Daily Star’s Google News channel.

The dead were identified as Md Shahadat Hossain, 14, son of Afsar Ali, Shahriar Shuvo, 14, son of Jahangir Hossain, and Muzahid Hossain, 13, son of Md Sukkur Ali.

Shahadat and Shuvo were ninth grade students, while Muzahid was an eighth grade student at Kabi Nazrul High School.

Meraz Ali, Birganj’s fire and civil defense officer, said the boys went to school on a motorbike to complete the admissions process for their new year at school.

They later went for a bike ride on the Dinajpur-Panchagarh highway when a microbus hit them at around 12:40 p.m. After they fell on the road, a high-speed truck ran over them, leaving Shahadat and Shuvo dead in place.

Residents rescued and transported Muzahid to the Birganj Upazila health complex, but medics declared him dead on arrival, Meraz said.

In the Birampur upazila in the district, Rajib Uddin, 63, was killed when a high-speed van struck the rickshaw he was in.

Suman Kumar Mohanta, head of the Birampur police station, said Rajib, a vegetable trader, was in the Dhaka Mor area on a rickshaw when the pickup hit them from behind around 11:30 a.m.

“He died while being taken to hospital by locals,” he said.

Meanwhile, in Barishal, three people, including an expatriate, died after crashing their motorbike into a roadside tree in Muladi upazila.

The dead were identified as Idris Hawlader, 60, Harun Noli, 45, and Rajib Noli, a Bangladeshi non-resident of Oman.

Mr. Maksudur Rahman, OC of Muladi Police Station, said the three were on their way to Mirganj from Boriya Kazirchat when they crashed into a tree by the side of a road and died instantly.

In the Amtala district on the Jashore-Magura highway, a cyclist died yesterday afternoon after being run over while driving a recklessly driven bus.

At least 30 bus passengers were injured in the incident and sent to Jashore General Hospital for treatment.

The deceased has been identified as Yakub Ali, 52.

According to Mokarram Hossain, deputy inspector of the Ichhali police outpost, the bus lost control and ran over Yakub when he took to the road by bicycle. He died instantly.

The driver and his assistant fled, he added.

In Bogra, a motorcyclist died after being hit by a van during an election campaign organized in violation of a law in this area.

Nitish Chandra Majhi, 42, was on the Chapapur-Bihigram road in the Adamdighi upazila of Bogra during a rally in support of the nominated candidate for President of the Awami League, Shamsul Haque, in the Champapur UP elections .

Residents seized and vandalized the vehicle, but the driver escaped.

In accordance with Article 6 (a) of the Rules of Conduct for UP Elections, no candidate or political party may organize a public meeting or procession, except for street and private meetings. However, the campaign ran with more than 200 motorcycles, residents said.

Jalal Uddin, OC of Adamdighi Police Station, said the body was handed over to the family because no complaints were filed.

The CO said the procession was a violation of the code of conduct, but that it took place without notifying the police.


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Within a Year at Peloton: From Pandemic Winner to HBO Punchline http://www.cyclingfan.org/within-a-year-at-peloton-from-pandemic-winner-to-hbo-punchline/ Fri, 31 Dec 2021 12:00:00 +0000 http://www.cyclingfan.org/within-a-year-at-peloton-from-pandemic-winner-to-hbo-punchline/ HBO’s “Sex and the City” reboot ends tumultuous year for Peloton Interactive Inc., PTON -3.85% which saw its market value plummet as company executives struggled to gauge demand for its web-connected bikes. Before 2021, Peloton was racing to follow the lead. Both earnings and the stock price were skyrocketing, and executives told analysts they had […]]]>

HBO’s “Sex and the City” reboot ends tumultuous year for Peloton Interactive Inc.,

PTON -3.85%

which saw its market value plummet as company executives struggled to gauge demand for its web-connected bikes.

Before 2021, Peloton was racing to follow the lead. Both earnings and the stock price were skyrocketing, and executives told analysts they had not considered the possibility the company could end up with a glut of bikes if demand fueled by the pandemic waned.

Less than a year later, Peloton reduced the price of its bikes. He then warned investors that annual sales could be 20% lower than the company’s projections, citing Americans returning to normal as cases of Covid-19 decline. The company has implemented a hiring freeze amid growing losses.

Peloton’s rise into a juggernaut with a market value of $ 50 billion and decline into a company worth less than $ 15 billion have been marked by miscalculations and reversals on the part of the Director General John Foley and his principal lieutenants. The measures offset aggravated opportunities and challenges caused by the pandemic, from skyrocketing consumer demand to a global supply chain quagmire.

Peloton’s stock has lost more than three-quarters of its value from a December 2020 high, wiping out most of its pandemic-era gains.


Photo:

Ed Jones / Agence France-Presse / Getty Images

“The management perspective was that there was a paradigm shift,” in which most people would continue to favor home workouts once the pandemic subsides, said Aaron Kessler of Raymond James. He said the company’s consumer surveys showed the opposite, and in February it downgraded Peloton’s rating, saying the company’s growth projections were too optimistic. “It was a false story,” he said. “People wanted to go back to the gym. “

Peloton leaders acknowledged that they had sometimes overestimated and underestimated demand. In early 2021, the company came under fire from consumer advocates and US safety regulators after refusing to recall its Tread + treadmill before subsequently recalling the machine. The company, meanwhile, said it was rolling out deals to fend off rivals, which were almost non-existent two years ago.

Peloton has said in statements that it believes the company has the right capacity and is taking “significant corrective action” to improve profitability in the coming quarters. “Our long-term thesis on home fitness remains unchanged,” the company said. Mr. Foley declined requests for an interview or comment.

“The rate of growth that people expect from this business is simply unattainable,” said Arpine Kocharyan, analyst at UBS. In May, the company gave Peloton stock a rare and controversial sell rating, arguing that Peloton’s forecast and stock price depended on unrealistic growth and profit projections for the company. She said she continued to believe Peloton’s model of combining fitness equipment, virtual classes and consumer funding was solid.

Peloton has more than 2.5 million paying subscribers, more than triple its base before the pandemic, many of whom are also investors. Peloton rolled out new products and expanded beyond the United States. Subscribers continue to flow to Peloton’s online courses. Peloton generated more than $ 4 billion in annual revenue for the fiscal year ended June 30, up from $ 915 million two years earlier.

“I have had positive experiences with the company so far which has boosted my confidence in the company’s products,” said Dr. Mark Anthony, a physician who owns a Peloton bicycle and treadmill. and invests in the business. He has said so far that he has lost money on the investment, but believes the business will grow in the long term. “They have a fantastic product and I keep buying their stock.”

In the short term, Peloton could benefit from an increase in Covid-19 cases due to the Omicron variant which prompts cities and states to implement mask advisories and vaccination warrants for indoor activities, including gymnasiums.

Peloton’s stock has lost more than three-quarters of its value from a December 2020 high, wiping out most of its pandemic-era gains. It is now trading around $ 37, much closer to its initial public offering price of $ 29 than its high of $ 171.

In the spring of 2020, as the coronavirus hit the United States, Peloton joined companies such as Zoom Video Communications Inc.,

Netflix Inc.

and Clorox Co.

, which has seen explosive growth with much of America locked down.

At this point, Peloton was growing but not profitable. Co-founded by Mr. Foley, a former executive at Barnes & Noble Inc., the company began selling bikes in 2014 and opened its first studio in Manhattan where instructors conducted classes that were also broadcast in members’ homes. It went public in September 2019.

Then the pandemic hit and demand exploded. Peloton juggled storing bicycles and treadmills while managing its studios and over 100 outlets across North America and Europe.

Executives have assured Wall Street that the team is keeping pace.

In a May 2020 quarterly earnings call, an analyst predicted Peloton would run out of inventory over the summer, based on company data.

CFO Jill Woodworth responded that stocks were not a good indicator of supply. “We are very confident that we can deliver from a supply chain perspective,” she said.

Soon, customers complained about long wait times and missed deliveries, even as Peloton continued to advertise in search of new orders.

In November 2020, Mr. Foley apologized. “It hurts us that we are underperforming,” he said. A few months later, the company announced that it would delay the launch of a new treadmill, double the size of customer service operations, and start shipping exercise equipment by air to reduce delays.

Congestion at ports in Asia, where Peloton made most of its products, and a shortage of shipping containers and truck drivers, were blocking supply chain operations around the world.

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What are your prospects for Peloton in 2022? Join the conversation below.

Peloton paid $ 420 million to acquire Precor Inc., one of the world’s largest manufacturers of fitness equipment, and announced plans in early 2021 to build a $ 400 million plant in Ohio.

Income from equipment sales and class memberships soared; the company made its first profit and had two more profitable quarters.

In the summer of 2021, Covid-19 vaccines were available and Americans began to return to gyms, offices and travel. The online marketplaces were filled with people selling exercise equipment, including Peloton bikes.

In August 2021, Peloton lowered the price of its original stationary bike by 20%. Mr Foley said the drop in prices did not reflect weaker sales and he remained confident in the company’s annual forecast. On the contrary, he said, the move was aimed at avoiding competition and “democratizing access to this excellent physical condition.”

The company canceled its annual forecast three months later. Peloton announced its lowest quarterly subscriber growth gain since going public and said fewer people are joining workouts online.

The company’s cash reserves were down 66% at the end of September compared to its position at the end of March. Ms Woodworth, the chief financial officer, said Peloton didn’t need more money.

A marketing stopper backfired when a Peloton Bike was blamed for the death of actor character Chris Noth in HBO’s reboot of “Sex and the City.”


Photo:

Craig Blankenhorn / HBO

Twelve days later, Peloton announced a billion dollar share offering. “We didn’t need to raise capital, we chose to do it instead,” a Peloton spokeswoman said last week. The money will go to future expansions or potential acquisitions, she said.

In December, a marketing mistake backfired when a Peloton Bike was accused of the death of a character in HBO’s “Sex and the City” reboot. Peloton said he didn’t know the plot when he agreed to have one of his instructors and his bike appear in the episode.

The company tried to capitalize with an online ad featuring actor Chris Noth and instructor Peloton, showing the pair ready for another ride on the bike. But Peloton deleted the ad shortly after when Mr Noth was charged with sexual assault. Mr. Noth has denied the allegations.

“We have had times when our stars have shone,” Mr. Foley said in May 2021, as the company announced it would recall its treadmills. “And situations like right now, where we feel like we have work to do to get back to the right side of the line.”

Write to Sharon Terlep at sharon.terlep@wsj.com

Copyright © 2021 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8


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10 quick facts about the Indian Larry http://www.cyclingfan.org/10-quick-facts-about-the-indian-larry/ Sun, 26 Dec 2021 18:30:00 +0000 http://www.cyclingfan.org/10-quick-facts-about-the-indian-larry/ Motorcycles looked their best to us until a man showed they were pretty basic. This man was none other than the incredible metal sculptor, skilled machinist and legendary motorcycle mechanic commonly known as Indian Larry. Taking inspiration from the motorcycle clubs of the 50s and 60s, Ed “Big Daddy” Roth and the great Von Dutch, […]]]>

Motorcycles looked their best to us until a man showed they were pretty basic. This man was none other than the incredible metal sculptor, skilled machinist and legendary motorcycle mechanic commonly known as Indian Larry. Taking inspiration from the motorcycle clubs of the 50s and 60s, Ed “Big Daddy” Roth and the great Von Dutch, Larry built the most iconic bikes ever seen in his time, adopting a style that perfectly fuses classic choppers with hotrod racing bikes.

Indian Larry’s fan base was huge. His eccentric nature fused with a unique and colorful appeal has drawn many people to the enigmatic man. He stayed true to his style, re-popularizing the tall, stripped-down handlebars, no front brakes or fenders, the rake choppers that dominated the ’60s. But at the height of his craft, Larry tragically lost his life. Larry can never be replaced, and although he’s gone, his legacy of amazingly built helicopters lives on. We tell you more about this icon of the making of choppers.

ten Influenced by Ed “Big Daddy” Roth


FaceBook 4
via: FaceBook

The eldest of three children, Larry was born into the family of Augustine and Dorothy DeSmedt on April 28, 1949 in Cornwall-on-Hudson, New York. Larry’s father, Augustine, was pretty strict and wanted his son to resume his carpentry trade.


Larry
via: Iron Merchant

However, as a young boy growing up in Newburgh, New York, Larry became extremely fascinated with motorcycles. It was influenced by Ed “Big Daddy” Roth, an iconic California artist and hot rod builder whose style would become quite evident in Larry’s motorcycle designs.

RELATED: These Are The Sickest Custom Cars Ed Roth Built

9 Named after the Indian brand


Larry
via: Pinterest

Notably, the “Indian” named Larry was born out of his early days in building and riding Indian motorcycles. Although he had several nicknames growing up, Indian Larry seems to be the one who stuck. Larry was completely happy with the nickname, as one of his interviews revealed, as he wasn’t too excited about his other nicknames.


0010_IndienLarry
via: Timothy White

He was born Lawrence DeSmedt but became widely known with his nickname in the 1980s as he often rode the streets of New York on a chopped Indian motorcycle.

8 Abuse suffered


Larry
via: Reddit

Larry had a troubled childhood. He was reported to have suffered ill-treatment while studying at a Catholic elementary school. At school, the nuns would punch Larry on his fingers until they bled, then isolate him in dark locked cupboards. Too terrified, Larry kept these ordeals to himself, never telling his family.


Larry
via: FaceBook

However, his mother was observant enough to see the bruises on his knuckles, and when she asked him, Larry would tell her that he had injured himself during the fighting. However, the family later learned of Larry’s ordeal.


seven Bought his first bike as a teenager


Larry
via: Flickr

Larry bought his first motorcycle as a teenager. Precisely, it was a 1939 Harley Knucklehead that he bought for around $ 200 at the time. During an interview with Rolling Stone, Larry revealed how he dismantled the bike within hours of owning it, but that it would take him about nine months to figure out how to reassemble it.


Indian Larry
via: Born to Ride

Larry would later travel to California to learn motorcycle making from his idol, hot rod builder Ed (Big Daddy) Roth.

RELATED: Here’s Why A Harley-Davidson Inspired Electric Chopper Bike May Be Right For You

6 lost his little finger


Larry
via: National Motorcycle Museum

Larry didn’t grow up with full fingers. A popular version of the story behind the loss of the finger claimed that Larry built a bomb as a child in his parents’ basement, intending to blow up the Catholic school he had been in. mistreated. Unfortunately, the device detonated prematurely, severing the little finger of Larry’s left hand.


0009_IndienLarry_11_il
via: Timothy White

However, another side of the story claims that Larry lost his finger while building a rocket for July 4th. Asked about it during an event, Larry did not provide direct answers.

5 was a perfectionist


Larry
via: New York Times

Huge fame came in the 80’s for Larry for his incredible skills in making motorcycles. As a child, he honed his manufacturing skills by learning to weld at Conrad Stenglein in the Newburgh area of ​​New York.


0006_IndienLarry
via: Timmothy White

While learning the trade, Larry showed incredible attention to fine detail, an attribute that was far above normal for a teenager. It has been reported that whenever Larry was not happy with the job, he would take it apart or cut it off, just to start the process all over again. An obsessive perfectionist.

4 Went to jail


Tattoo
via: Tattoodo

Larry’s sister, Diane, was murdered in 1971. The event and the heartache that followed exhausted Larry emotionally, leading him to become so addicted to drugs that he became addicted. He also had problems funding the drugs, which is why he resorted to store robberies.


Indian Larry
via: Timothy White

In 1972, a cop undercover operation led to Larry’s arrest as he left a bank he had just robbed. As a result, Larry was sentenced to three years in prison. He was sent to Sing Sing Prison at the age of 23.


3 changed his life


Indian Larry
via: Motorcycle Specifications

Surprisingly, Larry’s time in jail turned out to be a life-changing moment. While incarcerated, Larry passed his General Education Developmental (GED) tests. He also read a lot, asking for books on philosophy and other subjects, as well as a dictionary from his mother.


Indian-Larry-Famous-Chopper-and-Bobber-Builder
via: Roadside gallery

Additionally, while in prison, Larry took courses in welding and mechanics, and it is widely believed that he honed all of his best mechanical skills while serving his sentence. Notably, Larry was released from prison in September 1976.

RELATED: 9 of the Most Beautiful Custom Choppers We’ve Ever Seen (1 That’s Hideous)


2 Winner of the Serial Build-Off


Chain mystery
via: Mecum

Larry’s motorcycle manufacturing prowess is unmistakable. Her very first creation of a helicopter was built from her sister’s little tricycle. He added an engine from an old mower and a set of monkey-to-tricycle suspension handlebars, eliciting a big stare as he drove him around his neighborhood.


Chain mystery
via: Mecum

However, after learning the ropes of motorcycle building from the best hands in the industry, Larry would later cement his name as a master chopper builder by winning construction competitions with the production of Daddy-O (Rat Fink), ” Wild Child “and the incredible” Chain of Mystery “motorcycles.


1 Died in 2004


Facebook
via: FaceBook

Among Larry’s highlights are bicycle stunts. A great performer, Larry also sadly died from head injuries sustained during one of his stunts. Larry fell off his motorbike while performing a stunt in front of some 8,000 excited spectators in an arena outside of Charlotte.


slide-2-image
via: Indian Larry

He was pronounced dead on August 30, 2004 at the age of 55 at Atrium Health Carolinas Medical Center in Charlotte, North Carolina. The Indian Larry was cremated and his ashes were kept by his family.


These are the coolest custom choppers we’ve ever seen

Each custom chopper is unique and beautiful in its own way, but these 10 managed to capture our hearts like no other as we saw them.

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Wild-looking Rungu front dual-wheel e-bikes get big upgrades http://www.cyclingfan.org/wild-looking-rungu-front-dual-wheel-e-bikes-get-big-upgrades/ Thu, 23 Dec 2021 10:32:00 +0000 http://www.cyclingfan.org/wild-looking-rungu-front-dual-wheel-e-bikes-get-big-upgrades/ Rungu’s dual front wheel e-bikes are unlike anything else on the road or the trails. And now the company is releasing new updates to make them better than ever. I have tested a LOT of e-bikes over the years. Like, hundreds of them. So when I say something is the strangest I have ever tried, […]]]>

Rungu’s dual front wheel e-bikes are unlike anything else on the road or the trails. And now the company is releasing new updates to make them better than ever.

I have tested a LOT of e-bikes over the years. Like, hundreds of them. So when I say something is the strangest I have ever tried, that means something.

But just because it’s weird doesn’t mean it’s not fun too! Rungu’s weird e-bikes can take a few minutes to get used to. But then they get so addicting that you won’t want to go without them.

This is exactly what I experienced when Rungu was kind enough to invite me to their Southern California facility for a few test drives in 2019. And now things are looking even rosier for the brand. .

First of all, I know that the Rungu is going to be very confrontational. The dual front wheel setup might sound odd, and naysayers will certainly say no. But they are completely wrong.

The purpose of the setup is to help the fat tire e-bike go where other fat tire e-bikes can’t.

When I rode it I was sculpting hard in loose sand that would have blown any other two-wheeled fat-tire e-bike.

And I was flying at breakneck speed over soccer-sized boulders that would have made me check my life insurance policy if I had been on another electric bike.

Rungu has some great videos comparing their e-bikes to the typical big-tire e-bikes with a single front wheel (so old fashioned I know). They are quite revealing. Check out the comparisons on mud, sand and snow. The two freaking wheels just plow everything. In mud and sand, dual front wheels prevent slipping and keep you more stable. On rocky, rough terrain, one front wheel may be in the air, but the other is usually on solid ground, giving you an eerily smooth ride as it swaps for traction.

There are five models in the full line of Rungu electric bikes, and the latest updates include several upgrades to make the ride even better.

The entry-level Rungu Dualie Standard as well as the Rungu Steep model now both include a new frame design to integrate the battery. The new frame makes battery replacement easier thanks to the new integrated 780 Wh battery. The updated frame also increases the height of the Bafang BBSHD 52V mid-drive motor, providing better ground clearance to help clear more obstacles and navigate shallow water like streams and streams better.

Subsequent models, known as the Rungu Dualie Rugged and XR models, both receive new, larger capacity lithium-ion batteries that provide 30% more runtime compared to previous models. Actual ranges are notoriously difficult to determine on e-bikes due to the many factors that affect them such as rider weight, level of assistance, terrain, tires, and other factors. On something as wild as the Rungu, the extent of the range is probably even wider. But whichever way you slice it up, the new 936 Wh batteries have a lot more capacity to help riders go further. They are also backward compatible with previous Rungu models, meaning owners can upgrade to newer, higher capacity batteries.

Since Rungu e-bikes are built to handle the toughest and most challenging terrains, more battery is always a good thing. Riding through brush, snow, sand, and other loose terrain quickly eats away at an electric bike’s battery, making those big bags a necessity.

As the company explained:

The 2022 models continue to deliver “Go Anywhere” MTB-like performance that outperforms any comparable e-bike on the market today. Since 2018, Rungu’s patented dual front wheel design continues to demonstrate its off-road good faith by conquering famous rock climbing trails like the Rubicon Trail, Poison Spider, Hells Revenge as well as mud and sand terrains. backcountry like the Alpine Loop in Colorado and the Mojave Trail in Southern California. On iconic off-road terrain like this, the Rungu Dualie dual-wheel design virtually eliminates the over-the-bar washes and erasures common to more expensive fat-tire e-bikes of similar horsepower.

Rungu electric bikes were sent to customers all over the world, and the models became more and more popular with archery hunters.

Rungu e-bikes are made locally in Southern California. While the price certainly reflects their American manufacture, they’re not as high as you might have feared, at least not for entry-level models.

Bikes start at around $ 4,900 and Rungu also offers finance options for around $ 160 per month.

If you want to see my own tests of the previous version of these e-bikes, check out my test video below where a young, star-eyed Micah has his socks blown away by these things.

FTC: We use automatic affiliate links which generate income. Following.


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SBC offers webinars for the new year http://www.cyclingfan.org/sbc-offers-webinars-for-the-new-year/ Sun, 19 Dec 2021 16:58:00 +0000 http://www.cyclingfan.org/sbc-offers-webinars-for-the-new-year/ November 24, 2021 It is one of the best known and most respected honors in the region. Certainly the highest individual honor awarded by the Grand Mount Airy Chamber of Commerce, with a history stretching back almost six decades. This is the chamber’s Citizen of the Year award, and the deadline for nominating nominees this […]]]>

It is one of the best known and most respected honors in the region. Certainly the highest individual honor awarded by the Grand Mount Airy Chamber of Commerce, with a history stretching back almost six decades.

This is the chamber’s Citizen of the Year award, and the deadline for nominating nominees this year is fast approaching. December 8 is the last day residents of the area can nominate someone for recognition.

“The first one was donated in 1962,” said Randy Collins, executive director of the chamber. “The chamber was founded in 1959, it has presented one every year for almost 60 years. “

Collins said the award is intended to recognize an individual who “has done a great deal to serve his community, on many different levels.” He said that since it was a room award, the recipient was generally an active person in the business world, but said the recognition was really about “overall service to the community. … Maybe someone who has been neglected ”.

For those wishing to nominate someone, Collins said the nomination form can be viewed online at https://lp.constantcontactpages.com/sv/ZBIJTua/2021CitizenoftheYear. If a person wishes to apply and cannot do so electronically, he stated that it was acceptable for the nominator to hand deliver or post a typed or written application.

“Tell us their story,” he advised on what to include. “We are really counting on these nominations to tell us the story. A lot of people who have received the award over the years, you just mention their name and you know what they’ve done. But there have been a lot of unsung heroes over the years, not all of whom know their stories. “

He said the winner doesn’t need to be a chamber member, but they’re looking for someone from Mount Airy, County Surry, or the towns of Surry – Pilot Mountain, Dobson and Elkin.

Collins said the chamber typically receives eight to ten nominations each year, although some years there are more. So far he has said three or four have been submitted. After the nomination deadline passed, he said a committee would review each submission and choose a winner.

“The hard part about that… there are so many people who deserve it, it’s hard every year to choose. And, there are a lot of people who should be named who never are. We want to encourage people to nominate someone in the community who you think is too late to be recognized.

Although there are no specific criteria for the nominees, the award has been “generally for a lifetime of work… These are people who have spent their lives serving their community in one way or another. , or certainly for a long time. We don’t put any parameters on this, we accept all nominations.

The winner is named at the annual chamber meeting in January, and Collins said officials were trying to keep it a secret until the announcement.

In 2020, David Rowe, who has since died, was named the winner. He was the co-founder of Smith-Rowe, LLC and the former mayor of Mount Airy.

The first winner, in 1962, was Joe Johnson Sr. Winners since then include: 1963 Archie Carter, 1964 John E. Woltz, 1965 Floyd Pike, 1966 CB Roberson, 1967 Dr J. Dale Simmons, 1968 George A. and Marguerite Kallenbach , 1969 Rev. James Powell, 1970 Jim Grimes, 1971 Frank Smith, 1972 CB Roberson, 1973 James E. Johnson, 1974 Jerry Beverly;

1975 Stan Rogge, 1976 Bill Breedlove, 1977 Don Nance, 1978 Larry Wright, 1979 George Summerlin, 1980 Dr Swanson Richards, 1981 Steve and Mary Petlitz, 1982 Floyd Rees, 1983 Bobby Galyean, 1984 Jack Zonneveld, 1985 Barbara Summerlin, 1986 Tanya Jones and Zack Blackmon, 1987 David Pruett, 1988 Thurman Watts, 1989 Ruth Minick;

1990 Richard Vaughn, 1991 Howard Woltz Jr., 1992 Ann Vaughn, 1993 Jim Andrews, 1994 Teresa Lewis, 1995 John Springthorpe III, 1996 Gene Rees, 1997 Burke Robertson, 1998 Susan Ashby, 1999 Jack Greenwood, 2000 Dr Wilford Lyerly, 2001 Gary York, 2002 Pat Gwyn Woltz, 2003 Ed Woltz, 2004 Craig and Michele Hunter, 2005 Sandy Beam;

2006 Marion Venable, 2007 Virginia Rogers, 2008 Mike Bowman, 2009 Kate Appler, 2010 Charlie and Ed Shelton, 2011 Carol Burke, 2012 Deidre Rogers, 2013 Alan Connolly, 2014 Berta Glenn Springthorpe, 2015 Ben Cooke, 2016 Catrina Alexander, 2017 Robert Moody , 2018 John Priddy. 2019 Curtis Taylor and 2020 David Rowe.


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Deutsche Bank funds $ 1 billion purchase of Hudson Commons with $ 507 million CMBS loan – Commercial Observer http://www.cyclingfan.org/deutsche-bank-funds-1-billion-purchase-of-hudson-commons-with-507-million-cmbs-loan-commercial-observer/ Fri, 17 Dec 2021 22:12:46 +0000 http://www.cyclingfan.org/deutsche-bank-funds-1-billion-purchase-of-hudson-commons-with-507-million-cmbs-loan-commercial-observer/ As the year draws to a close, the pages of Commercial Observer are filled with offers crossing the finish line before the clock strikes midnight on New Years Eve. And some of those offers are whale-watching rather than minnows. Concrete example, German bank Just Completed a $ 507 Million Commercial Mortgage Backed Securities (CMBS) Loan […]]]>

As the year draws to a close, the pages of Commercial Observer are filled with offers crossing the finish line before the clock strikes midnight on New Years Eve. And some of those offers are whale-watching rather than minnows.

Concrete example, German bank Just Completed a $ 507 Million Commercial Mortgage Backed Securities (CMBS) Loan for CommonWealth Partners” the acquisition of Hudson Commons, the business observer can first make a report.

the $ 1.03 billion in sales – New York City’s biggest investment sale by dollar volume since 2019 – closed on Friday, December 17, as first reported by CO only earlier today. The sellers were Cove property group and Baupost Group.

CBRE‘s Jacques Mille, Tom traynor and Marc Finan negotiated five-year fixed rate CMBS financing, while CBRE Darcy stacom and Bill shanahan led the sale of the asset with Doug Middleton and Alana bassen.

Honoring the past while embracing the future, the 25-story office and retail building at 441 Ninth Avenue incorporates a former eight-story warehouse – built in 1962 and converted to an office in 1983 – with a new 17-story high-tech building.

Cove and Baupost bought the asset five years ago from EmblemHealth for $ 330 million. In 2017, the partnership obtained a $ 479 million construction loan from Apollo commercial real estate financing and began a creative adaptive reuse redevelopment of the property, refinance it in 2019 with a Refinancing of $ 724 million from Blackstone Mortgage Trust.

Today, Lyft and platoon Hudson Commons, which is currently 75 percent leased. Billion dollar revenue reflects significant repositioning to a hotel-style, concierge-focused office building that responds to post-COVID tenants health, well-being and sustainability requests.

Located next to Moynihan Station and close to Hudson Yards, the LEED Platinum certified property offers outdoor space on most floors and stunning views. Facilities include a 9,000 square foot lounge and conference center, upscale bicycle storage and state-of-the-art technology.

A Deutsche Bank official did not immediately respond to a request for comment. CBRE officials declined to comment.

Cathy Cunningham can be reached at: ccunningham@commercialobserver.com.


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Help for the elderly women of the fourth quarter + Decatur Top Bike-Friendly City http://www.cyclingfan.org/help-for-the-elderly-women-of-the-fourth-quarter-decatur-top-bike-friendly-city/ Wed, 15 Dec 2021 22:18:03 +0000 http://www.cyclingfan.org/help-for-the-elderly-women-of-the-fourth-quarter-decatur-top-bike-friendly-city/ Hey, neighbors! It’s me again, Kathy Cioffi, your host for the Atlanta Daily. First of all, the weather forecast for the day: Uneven morning fog. High: 67 Low: 54. Rent this space! Are you a a local business owner or trader in Atlanta? We love to connect local businesses with our amazing readers. Find out […]]]>

Hey, neighbors! It’s me again, Kathy Cioffi, your host for the Atlanta Daily.


First of all, the weather forecast for the day:

Uneven morning fog. High: 67 Low: 54.


Rent this space!

Are you a a local business owner or trader in Atlanta? We love to connect local businesses with our amazing readers. Find out more here.


Here are the top 5 stories from today’s Atlanta:

  1. An initiative called “In Her Hands” will soon give more than 600 low-income black women $ 850 a month for two years. Created through a partnership between the Georgia Resilience and Opportunity Fund and Give directly, the program is designed to help Georgians most affected by poverty by examining how a guaranteed income can improve a person’s life, provide stability and translate these findings into policies. Funded by private donations, “In Her Hands” will initially be available to black women living in Old Fourth Ward, the Atlanta neighborhood Martin Luther King Jr. once called home, which has the highest concentration of housing in section 8 in the southeast. Give Directly is expected to start accepting applications for the program in early 2022. (CBS46 News Atlanta)
  2. The Biden administration recently appointed Reese McCranie, responsible for the city of Atlanta, as senior adviser for the public affairs office of US Customs & Border Protection. Prior to his appointment, McCranie worked for the City of Atlanta for 12 years, most recently as Deputy Director of Equity for Mayor Keisha Lance Bottoms. McCranie, who is gay, helped establish Atlanta’s first-ever Office of Equity, Diversity and Inclusion. Regarding his new appointment, McCranie said, “It is a tremendous honor to work alongside the more than 60,000 dedicated people of US Customs and Border Protection. (Project Q Atlanta)
  3. According to a national cycling organization, the most bicycle friendly community in Georgia is in the Atlanta subway. Decatur was the first and only city in the state to achieve the group’s Silver designation. Alpharetta, Atlanta, Columbus, Peachtree City, Roswell, and Savannah are other cities in Georgia that achieve Bronze level recognition for their cycling infrastructure. (Free: BikeLeague.org; Subscription: The Atlanta Journal Constitution)
  4. One arrest was made in a fatal double stabbing at an Atlanta apartment in November. Stefhon Hamilton, 21, was taken into police custody in northwest Atlanta on Wednesday and charged with two counts of felony murder, police said. On November 22, officers responded to reports of a stabbing person in a Jackson Street apartment, finding Daniel Aaron, 31, and Kristen McDevitt, 30, dead from stabbing at the scene. Surveillance video of the suspect was then released by police, showing him outside the door closest to the victims’ apartment, then running down the hall with a large safe and surgical gloves. (BMS Atlanta)
  5. American News and World Report took out his inaugural list of the best hospitals for maternity care this week, and four of the 237 recognized hospitals across the country are in Georgia. In addition to Emory Midtown Teaching Hospital in Atlanta, other Georgia hospitals offering high performing maternity care include Emory Johns Creek Hospital, Johns Creek; Emory Decatur Hospital, Decatur; and South Georgia Medical Center, Valdosta. (Atlanta Crest)

From our sponsor:

Hey Atlanta, you’re looking at buy a home, refinance, or just explore your choices? Check out the new Patch Mortgage Center for all your real estate financing needs!


Today in Atlanta:

  • Blood drive in cafe at the Little Five Points Center for Arts and Community (10:00 am)
  • Pop-up Christmas cocktail bar Miracle on Monroe at Tapa Tapa (5:00 p.m.)
  • Pop-up Christmas cocktail bar Sipping Santa Claus at Bon Ton Atlanta (5:00 p.m.)
  • Buckhead Heritage Annual Party at the binding of the National Historical Library (6.30 p.m.)
  • A very vintage Christmas, performed Ansley Stewart and Friends, at Napoleon’s (8:00 p.m.)

From my notebook:

  • the last day of home school of the year at Atlanta History Center begins today at 10:30 am Students will explore how Christmas was celebrated in the past, from Smith Farm of the 1860s to Swan House of the 1930s and beyond. (Facebook)
  • Sometimes the animal just chose you, as Sarah recently experienced. Although she lives on a tight budget and has never considered owning a pet, Sarah fell in love with a community cat she named Mr. Fluffy Cat. When injured, Sarah turned to the Atlanta Humane Society Resource Center for help, inquiring about affordable visits to sick animals at the organization’s veterinary center. (Facebook)
  • 🎶 On the second day of Christmas, APD sent me… 🎶 useful information when shopping and in crowded places. When shopping, carry your bag over your shoulder, make sure it is well placed under your arm and never leave your bag in the cart. If someone bumps into you, check to see if your valuables are still there. Be vigilant, especially in crowded spaces or when people are invading your personal space. (Facebook)
  • Calling all Atlanta BeltLine Run clubbers! Join us tonight at Monday Night Garage for a fun 2- or 4-mile run or walk the Westside Trail. This will be the last running club meeting of 2021, so don this party costume and show up by 6:15 p.m. for the race starting at 6:30 p.m. Runners, walkers and strollers of all levels are welcome. The race is free and open to the public. No registration is necessary, so come on. (Facebook)
  • Everything is 20% off at both Atlanta Habitat for Humanity & ReStore locations this entire week! Come celebrate our 20th anniversary with us! (Facebook)

From our sponsors – thank you for supporting the local news!

Events:


Do you like the daily life of Atlanta? Here are all the ways you can get more involved:


You are now in the know and ready to go out this Thursday! I’ll meet you in your inbox tomorrow morning with a new update.


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Biggest e-bike company Rad Power Bikes says it needs to raise prices http://www.cyclingfan.org/biggest-e-bike-company-rad-power-bikes-says-it-needs-to-raise-prices/ Tue, 14 Dec 2021 17:00:00 +0000 http://www.cyclingfan.org/biggest-e-bike-company-rad-power-bikes-says-it-needs-to-raise-prices/ Seattle-based Rad Power Bikes just emailed its customers and subscribers, announcing that prices will increase on its line of e-bikes from the end of this year. Prices for e-bikes have followed a roller coaster ride this year. In the spring of 2021, prices were generally increasing in all areas. We discussed how a number of […]]]>

Seattle-based Rad Power Bikes just emailed its customers and subscribers, announcing that prices will increase on its line of e-bikes from the end of this year.

Prices for e-bikes have followed a roller coaster ride this year.

In the spring of 2021, prices were generally increasing in all areas. We discussed how a number of pricing pressures are affecting the industry, from shipping prices to currency exchange rates and more.

But in September, many companies had already started to lower their prices again after a slight drop in sea freight prices.

It seemed like industry-wide price hikes were in the rear view mirror, but today’s announcement from North America’s largest e-bike company calls that into question.

Rad sent the following message this morning:

At Rad, our mission is “to deliver an unmatched customer experience with radical e-bikes that are built for everything and at a price for everyone.”

Over the past 18 months, we have taken creative steps to overcome the global supply chain crisis. However, these challenges have made it much more expensive to build and ship our e-bikes and accessories. In light of this, we have made the difficult decision to increase prices for the entire Rad line from December 29, 2021.

These new prices will allow us to continue our commitment to offer only innovative and high quality products. Plus, with flexible financing options, free shipping, and our direct-to-consumer business model, Rad Power Bikes will remain one of the easiest ways to get around.

Our current prices will be active until December 29th. If you have an eye for an item, we have the highest level Rad e-bikes, parts and accessories in stock we have seen in the past few years.

We will end the year with over 700 passionate employees and are ready to support all of our existing customers and empower the hundreds of thousands of new riders we hope to join in the new year. We appreciate your understanding regarding these price changes and are proud to be your partners. We look forward to continuing to ride together until 2022 and beyond.

Rad Power Bikes is often viewed as an indicator for the entire industry. Not only have they raised far more money than others and produced more e-bikes than anyone else, their products and pricing structure are regularly copied throughout the industry.

The size of the company has helped it weather storms in the past that have hit smaller market players harder. During the height of the shipping crisis, Rad was even able to buy his own containers and shipping vessel to ensure a constant supply of continuous e-bikes as other companies were stuck with empty shelves.

But now it looks like even Rad is forced to make adjustments due to the continued pressures on the e-bike manufacturing industry.

The news comes after the company unveiled two new premium e-bikes this year, the RadRover 6 Plus and the RadCity 5 Plus, both offering a wide range of new features never seen before at Rad. Both also used premium parts designed for better quality bikes, while also pushing up the prices over what we’ve seen from the company before – up to $ 1,999 for the RadRover 6. More off-road. This was in stark contrast to the $ 999 RadMission e-bike, which the company developed last summer to maintain a strong supply in the critical category of e-bikes under $ 1,000.

The company has yet to announce what the new pricing structure will be for its e-bikes once prices increase at the end of this month.

This information should be available on December 29.

Suffice it to say, if you’ve been thinking about picking up one of Rad Power Bike’s e-bikes lately, now is the time to check out the company’s sales before the prices go up.

Taking Electek

It is never fun to see an increase in prices in the electric bike industry, especially since these are already expensive purchases.

Many people buy e-bikes to replace car trips, so e-bikes often help owners save money in the long run. But the upfront costs can still make e-bike purchases hard to swallow.

Rad has grown so much over the past two years, doubling, tripling and quadrupling in size while investing heavily in increasing production rates of e-bikes. It’s not cheap, but the company has also raked in hundreds of millions of dollars in investments over that time frame.

On the other hand, when costs increase, companies that need to maintain their bottom line may either increase prices or reduce quality to maintain prices. Everyone knows there are options that are cheaper than Rad, so it makes sense that the company would rather maintain the quality they are known for, and I’m glad they did. Otherwise, it becomes a race to the bottom. Rad might not have the same level of quality as a high-end company like Specialized or Trek, but they come at a fraction of the price of those e-bikes that often start between $ 3,500 and $ 4,000. Compared to budget options at the other end of the spectrum, Rad has long been a great quality Goldilocks solution for a modest price tag. Not too cheap but not too fancy either.

And while some cynics have claimed e-bike companies will start raising prices before a potential $ 900 e-bike tax credit currently makes its way into the US Senate, I don’t think that’s what. we see here.

My bigger question is if this is an isolated incident related to Rad’s explosive growth and investment in its own production and customer service nationwide, or if other companies electric bikes will follow suit with higher prices.

What do you think? Let us know in the comments section below!

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The Daily News gets an “as needed” editor until a new one is found. http://www.cyclingfan.org/the-daily-news-gets-an-as-needed-editor-until-a-new-one-is-found/ http://www.cyclingfan.org/the-daily-news-gets-an-as-needed-editor-until-a-new-one-is-found/#respond Mon, 20 Sep 2021 19:03:27 +0000 http://www.cyclingfan.org/the-daily-news-gets-an-as-needed-editor-until-a-new-one-is-found/

Robert York, editor of the New York Daily News, is replaced on an interim basis and “as needed” by Andrew Julien, editor and publisher of his corporate brother The Hartford Courant, who will retain this post. while a search for a permanent editor is taking place, an executive at the newspaper editor said.

The change, which took effect immediately, was announced Monday in notes sent to staff at Daily News and Courant by Toni Martinez, head of human resources at the newspaper’s parent company, Tribune Publishing. A Tribune spokesperson confirmed the news but did not give a reason for Mr York’s departure.

Mr. York, who was editor and publisher of The Morning Call of Allentown, Pa., Another Tribune headline, before taking over as director of The Daily News in 2018, declined to comment on Monday.

Mr. Julien “grew up in New York and looks forward to working with the talented staff of the Daily News,” Ms. Martinez wrote.