Zynga agrees to acquire ad platform Chartboost for $250m “Together, we share a vision of the future where a combined advertising, analytics and content platform will accelerate growth across both of our companies. Zynga already feels like family and an extension of our own company culture.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Zynga will fund the purchase using cash, with the final upfront transaction consideration to also include customary closing adjustments. Tags: Zynga Chartboost M&A Topics: Marketing & affiliates Social gaming Marketing M&A Zynga said a combination with Chartboost would create a next generation platform offering content, direct player relationships, significant reach and full-stack advertising technology, which can be applied across its game portfolio and Chartboost’s advertising partners. Social gaming giant Zynga has agreed a deal to acquire mobile programmatic advertising and monetisation platform Chartboost for approximately $250.0m (£179.8m/€207.8m). “Chartboost is one of the most dynamic monetisation and discovery platforms in mobile, and we could not be more excited to welcome their talented team to our company,” Zynga chief executive Frank Gibeau (pictured) said. Regions: US 6th May 2021 | By Robert Fletcher The acquisition is expected to close in the third quarter of this year. Email Address “By combining Zynga’s high-quality games portfolio and first-party data with Chartboost’s proven advertising and monetisation platform, we will create a new level of audience scale and meaningfully enhance our competitive advantage in the mobile ecosystem.” Chartboost chief executive Rich Izzo added: “We are thrilled to join with Zynga to further build and expand our full stack advertising platform that will serve Zynga and the entire mobile ecosystem. Chartboost is a unified advertising platform that includes a demand side Platform, supply side Platform and mediation capabilities. The platform has more than 700 million monthly users and over 90 billion monthly advertising auctions. Subscribe to the iGaming newsletter Confirmation of the acquisition agreement comes as Zynga also published financial results for its first quarter.
Dairibord Holdings Limited (DZL.zw) listed on the Zimbabwe Stock Exchange under the Food sector has released it’s 2010 annual report.For more information about Dairibord Holdings Limited (DZL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Dairibord Holdings Limited (DZL.zw) company page on AfricanFinancials.Document: Dairibord Holdings Limited (DZL.zw) 2010 annual report.Company ProfileDairibord Zimbabwe Private Limited (DZL Holdings Limited) is the largest dairy company in Zimbabwe; producing and marketing a range of fresh milk and ready-to-drink and long-life milk products. The company also owns Lyons Zimbabwe; a food company that manufactures and markets ice-cream, cordials, condiments and spreads, tea and mineral water; ME Charhons which manufactures biscuits and baking products; and has a majority stake in Dairibord Malawi. The company is wholly-owned by Lavenson Investments Private Limited and is the flagship subsidiary of Dairiboard Holdings Limited. DZL Holdings Limited owns four property companies; Goldblum Investments (Private) Limited, Chatmoss Properties (Private) Limited, Quallinnex Properties (Private) Limited and Slimline Investments (Private) Limited. Its export markets include Zambia, Botswana, Malawi, Mozambique and South Africa. Dairibord Zimbabwe Private Limited is listed on the Zimbabwe Stock Exchange
Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” The share price has grown 24% over the last three years thanks to demand for houses soaring across the UK and further afield.After the initial lockdown in March last year, further lockdowns and restrictions have been loosened for the construction sector. Barratt said it completed 9% more homes in the second half of the year than it did in the corresponding period of 2019. The company said this was a record number of completions, and helped it to see a 1.7% rise in profits during the same time.To me that sounds like the housing market remains strong. Barratt has built a solid reputation over the years as one of the go-to housebuilding companies.That said, we know from very recent history that the housing market, more than most, can be subject to booms and busts. Some will say that recent strong performance from the housebuilders is the onset of a bubble that will eventually burst.I don’t subscribe to that view, however. I would add Barratt shares to my portfolio or ISA, as favourable interest rates are likely here to stay for the foreseeable future, given the wider economic uncertainty present in the UK.Brand strengthWith a history of working in the advertising industry, I’m a huge fan of companies that are able to build consumer brands effectively. That’s why I like consumer goods giant Unilever – the company behind names such as Hellmann’s and Ben and Jerry’s.The Unilever share price dipped last week after it reported a drop in underlying operating profit of 5.8% for the year. This was worse than analysts had predicted, and Unilever will need to return to profit growth if its share price is to follow suit.Looking deeper at the figures, however, that drop in profits was heavily affected by unfavourable exchange rates. The company also announced it was upping its dividend for Q4, so I didn’t see the trading update as negatively as the market did.With a strong brand portfolio and the fact Unilever is investing into areas of accelerating growth, such as India, and China, I still see plenty of upside for the company and would add it to my portfolio today. 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Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Conor Coyle | Thursday, 11th February, 2021 | More on: BDEV ULVR There is no doubt that the Covid-19 pandemic has had a significant effect on the FTSE 100 and its constituents. Some stocks have gained over the last 12 months, while many others have seen their value fall.Looking at FTSE 100 shares, most are still trading lower than what they were 12 months ago, just as the pandemic was beginning to take hold in the UK. Indeed, 59 of the companies in the Footsie have seen their share prices decrease during that period, while the index itself is down around 13%.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…There have been signs of a recovery in the last few months, however. The index has gained 26% since the onset of the crisis last March.I think there are some FTSE 100 shares that still represent decent value for investors at the moment, including Barratt Developments (LSE:BDEV) and Unilever (LSE:ULVR)Building recoveryOne UK stock that I’m a fan of at the moment is housebuilder Barratt Developments. As with many FTSE 10o stocks, its value has slid in the past 12 months. 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LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS EXETER, ENGLAND – NOVEMBER 6 : Sireli Naqelevuki of Exeter Chiefs in action during the LV Anglo Welsh Cup match between Exeter Chiefs and London Wasps at Sandy Park Stadium on November 6, 2010 in Exeter, England. (Photo by Jan Kruger/Getty Images) Sireli Naqelevuki of Exeter ChiefsSireli Naqelevuki is confident Exeter Chiefs will build on their impressive debut season in the Aviva Premiership and become an even stronger force within the 2011/12 campaign.The 30-year-old Fijian was a key figure for the Devon club in the top flight last term, scoring five tries in 18 appearances following his move from South African Super Rugby franchise ‘The Stormers’ back in September.Initially handed a starting role on the wing for his new club, the Chiefs coaching staff soon realised the attacking potential of the Suva-born back as they switched him into the Exeter midfield where he became a destructive threat both in attack and defence.Now, Naqelevuki is hoping to pick up from where he left off and help Rob Baxter’s side get off to a flying start in the Aviva Premiership. He said: “I had a nice break and it was good to go back home. I didn’t do too much, I just chilled out; had some fun, did a bit of training and I got married as well! At the same time it’s good to be back in Exeter and seeing the boys working hard. You can see they’ve all been training well during the off season and now we’re all getting ready for the start of the season.”Certainly having Naqelevuki on board for the start of the new season, which kicks-off with a trip to Leicester Tigers on September 2, is something the Chiefs will be delighted with. Last term the Fijian international missed the opening few weeks of the season and it was not until Exeter’s trip to Northampton Saints in early October that the club were at last able to unleash his talents.“It’s good to be here at this stage,” said Naqelevuki. “I know it’s going to be a lot of hard work, but I am sure we will have some fun as well. It’s good to see the boys working hard – to have a good season you know you have to work hard in the off season and that is what we are doing. It’s looking good so far. “Last season was enjoyable for all of us. I had some good times and it was nice to finish our first season in eighth place. It was a good test for all of us in the first year, but hopefully we can go one step up further this year and maybe try and qualify for the semi-finals. It is always good to push yourself and set targets like that.”Exeter clearly showed during their maiden year in the Premiership that they could tackle the very best the division had to offer. Not only were they the only side to defeat eventual champions Saracens on their own turf, but they also claimed notable home scalps in Northampton Saints, Harlequins and London Wasps.“There were lots of good memories, but winning against teams like Saracens, Northampton and Harlequins was especially good. I also thought my game came on a lot, I was adding new things all the time. English rugby was a lot different to what I was playing with the Stormers, it is a lot more physical at the breakdown, but it is good to have that kind of competition. It makes you go harder at every ruck.”And whilst many familiar faces remain within the Chiefs ranks this season, Naqelevuki is encouraged by what Baxter has added to the playing ranks during the summer. “It is good to have the new boys in town,” he added. “We all know we have to fight for our position, nobody has a guaranteed place, so it should drive us all on to do well in training and when we play.”First up for Naqelevuki and the Chiefs, however, will be the forthcoming trip to face Irish side Connacht in their opening pre-season clash on Saturday, August 13.
Youth Minister Lorton, VA Associate Rector for Family Ministries Anchorage, AK Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Wayne Kempton says: Jim Hunt says: Submit an Event Listing Occupy Movement The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector and Chaplain Eugene, OR Rector Albany, NY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Advocacy Peace & Justice, Rector Knoxville, TN The Rev. Al Minor says: In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 April 20, 2012 at 11:29 pm Sadly, the more trouble the Occupy Movement causes this year, the higher is the chance of a Republican sweep in the fall. Independents and centrists are going to look at he Occupiers the way they looked at the student demonstrators in 1968, as socialist-nihilists. Then, we got Nixon. Now we’ll get Romney and a GOP Congress, as surely as night follows day. Shane Patrick Connolly says: Submit a Press Release April 24, 2012 at 12:00 pm Is there room at the Communion table in the Episcopal Church for those whose political views are opposed to Occupy? Can we accept that some disagree with us, or shall we continually be in liberal conversion mode? This article would seem to imply the latter. Featured Jobs & Calls Assistant/Associate Rector Morristown, NJ April 25, 2012 at 4:28 pm This is outrageous. Do not pretend to lump all Episcopalians in as supporters of this nonsensical outfit. I respectfully ask you to keep your personal political views away from legitimate Church news. The fact that this appears on the Episcopal News Service website and purports to have support from all Episcopalians is insulting and appalling. I for one find this group to be lazy and unrealistic and essentially a group of spoiled children trying to get their way by making a loud fuss and bucking conventional society. My suggestion for OWS “protesters” is to seek gainful employment and pursue the American Dream. I would hope that Christ would be in favor of individuals trying to better themselves and provide for their families, not sitting around protesting the fact that they can’t find success in the most bountiful land on God’s green earth. The irony is that for the most part this group is full of secularists that rail against virtually everything that the Church teaches, yet you find their “cause” to be noteworthy. If you can’t see these people for what they are and the Church truly endorses this movement…then God help us. April 21, 2012 at 1:36 am I have been deeply involved in Occupy San Francisco (http://americaoccupied.org/2012/01/19/the-deacon/) since early October, because, by my lights, it seeks the same over-arching goal we say we do – a society that is fair and just and loving…a Beloved Community of Shalom. And, as I have said elsewhere, I feel that it’s urgent for the church get off the sidelines and embrace the Occupy movement. Do we truly believe Jesus’ words and ours? Are we prepared to speak and act – dangerously – on our beliefs? Are we prepared to follow those like Bishop George Packard who are?Young people, in particular, are waiting for our answers and, I assure you, anxious to embrace us. I have found them calling us to do what we as a church should have been doing a long time ago. Are we listening? Are we ready, as people of faith, to act?Probably the biggest excuse for inaction is the contention that it’s all too fuzzy. Over and over – from our bishops and the people in the pews – we hear “What do they want?” Wrong question! The proper question is “What do we want?” Are we in the church not part of the 99%? Do we not have eyes and ears and hearts to see and hear and feel what Stephane Hessel , the French Holocaust survivor and human rights activist, calls the “unbearable things all around us” – the myriad injustices and indignities heaped upon us by out-of-control capitalism and a democracy corrupted by money. Do we not want to convince even the 1% to join a new, more humane consensus? Must we rely on the courageous, dispersed campers who have opened our eyes to those unbearable things to also fill our minds, grown flaccid, with ready-made answers? Have we not minds of our own? Can we not engage? Dare we not join the changed and broadening conversation about necessary and, yes, obvious solutions? Can we not exert ourselves, and, through such exertion, tone up our capacity to think for ourselves and, together, shape our answers. As Hessel writes in Time for Outrage, “The worst attitude is indifference.”There is, indeed, a time when silence is betrayal. We cannot be silent in the face of a patently unfair economy that devours the poor. Nor can we be indifferent to a political system that ignores our pain. We must speak truth to the powers-that-be, be they on Wall Street, Lafayette Square, or Nob Hill. Canon for Family Ministry Jackson, MS Tags April 24, 2012 at 5:34 pm I think it should be obvious to Christians that Episcopalians who support a movement dedicated to speaking out for the poor and oppressed against the indifferent and oppressive rich are taking their example from our Lord and Savior Jesus Christ. Have you read the Gospel?If you’re an Episcopalian in the Diocese of New York, you really should read the letter from our bishops in support of the Occupy movement. It explains well that the goals of followers of Christ and many of those held by OWS protesters are the same or similar enough for alliance on many issues.Don’t try to use the Bible to justify your selfish or indifferent attitude towards the poor and oppressed. You’re only fooling yourself and/or other people who have bought into the conservative/individualistic lie. Those beliefs are your own – they don’t look anything like what Jesus preached. Rector Belleville, IL Sean McDermott says: Sean McDermott says: Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 April 20, 2012 at 10:38 pm Here in Auckland, New Zealand, I am trying another tack. “Some sits and thinks, some just sits”. I am starting up a blog, Occupy – E noho! E whaiwhakaaroaro! which means Sit! Think! and asking some economists to help me tell what economic thinkers have taught. I have no special gifts in tht direction apart from having lived through the years when great numbers of people died of hunger because the followers of Karl Marx and Mao Tse Tung couldn’t make their systems work. I have also spent most of my life putting things into simple language in English or Mota or Maori. Since it is the beginning of the academic year here the people I want are very busy, but one professor did tell me that these wealth gap matters do generate a lot of discussion among his students. That is good. Now let’s have some talk out in the real world! Director of Music Morristown, NJ April 23, 2012 at 3:32 pm I found my participation in Occupy Lent and the Stations of the Cross to be the most meaningful spiritual events in my life to date. As to “the Constitution” – let me remind everyone that when ideology met the constitution, the result was Citizens United vs. FEC. Not a very good “date”. April 20, 2012 at 11:13 pm The knee-jerk support given to the anarchist-leftist Occupy movement by some in the Episcopal Church would be laughable if it didn’t so overshadow the true mission of the Church which is to bring the gospel and love of Christ to all people. Some elements of the ECUSA hierarchy seem to have found, in the Occupy movement, a convenient social movement on which to hang their 1960’s-inspired (or perhaps early 20th-century Marxism-inspired?) theology. I really don’t recall Christ calling upon us to promote the shirking of personal responsibility and the expansion of a moribund Federal government to hand out money to whom they deem worthy and of whom no no accountability is required. I don’t see a Biblical injustice perpetrated when requiring someone to pay back their school or home loans. While there is plenty of injustice, Biblical or otherwise, in handing out our tax dollars to the wealthy on Wall Street and to well-connected green-tech Titans, I find it telling that I didn’t see the Occupy-apologist clergy and laity standing with the Tea Party folks who raised such issues. It really exposes these folks for who they are – political activists using the Christian faith as a cover to promote the left-wing ideals they just happen to have in common with the Occupy movement. Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem May 1, 2012 at 3:18 pm The occupiers are looking to the Arab Spring / Tahrir Square for their inspiration.http://www.cbsnews.com/2100-18560_162-20058368.html This is your future, Occupy! Your legacy of revolution is the French Revolution (the Great Terror), The Russian Revolution (the Red Terror) and Lara’s rape.Stand in solidarity with the Arab Spring? How’s that working out? The Muslim Brotherhood and affiliated Islamists now have over 70% of Egypt’s government. Please, dear God think through what you’re after. CH Trammell says: Rector Washington, DC Comments are closed. Occupy movement prepares for May 1; Episcopalians continue support Rector Shreveport, LA Rector Collierville, TN Dan Shockley says: Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Rector Hopkinsville, KY Rector/Priest in Charge (PT) Lisbon, ME Comments (15) TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Anna Scott says: Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Course Director Jerusalem, Israel Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group New Berrigan Book With Episcopal Roots Cascade Books Rector Smithfield, NC May 1, 2012 at 8:50 pm These types of blanket statements about Episcopalians are inaccurate and disturbing. I am an Episcopalian, and I do not support the Occupy Movement. Deborah Sirotkin Butler says: Missioner for Disaster Resilience Sacramento, CA Press Release Service April 21, 2012 at 10:55 am Reform movements in America have always begun with “the people” against “the establishment”. In the OWS movement we see it again: people who have little facing down people who have much.Theologically there is nothing wrong with wealth, but it must bear a deep responsibility. “To whom much is given, much is expected.” We might even say REQUIRED: the care of those who are much less fortunate. The Biblical expectation of at least 10% of our wealth be given in worship to God is pretty clear, and the assumption is that very little of this is to go to institutional maintenance and most is to go to the responsible works expressing the care of God for the poor and suffering. This is the beginning standard in the ministries of the Church. The Church, in turn, must give unfailing concern and support to the victims and the CAUSES of injustice, deprivation, and uncaring exploitation.The issues of freedom directly involve the exploitation, victimization and deprivation of the poor by the crafty. Over time the effects of those who bear the messages of the love of God — at whatever levels of their resources of personal or corporate wealth must responsibly become involved. We are our brothers’ keepers and in this we must use our best skills.The OWS movement exposes a dangerous imbalance and immorality in the corporate society. Our national and spiritual health depends on its correction. There will be strife for sure. Somehow, in the life of Christ within us, we must not be afraid. The crucifixions of the just and loving will take place in various degrees and forms. It is to be expected, and it is a form of unaware worship.My highest hope for this growing movement is for a result of major, principled, open and public structures of care for the least fortunate on the part of the most fortunate, including the major corporations; and this before the extraordinary unneeded and greedy benefits of those on the highest rungs of the corporate ladders. I think there are signs of this now beginning. Keep the pressure up. We will all be spiritually healthier for it in this next step in the creation of our world. Featured Events Rector Martinsville, VA Lisa Sullivan says: An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Vicki Gray says: May 1, 2012 at 3:09 pm God Bless you Jeff. I DO support Faith, Hope & Charity. I also support the Declaration of Independence and the Constitution, something these neo-Bolsheviks do not. Curate (Associate & Priest-in-Charge) Traverse City, MI April 20, 2012 at 10:17 pm Sharon, count me out when you say, “Episcopalians and other people of faith have supported the movement from the beginning.” I find that to be a careless and irresponsible blanket statement that does not reflect the diverse opinions of Episcopalians. Rector Pittsburgh, PA Priest-in-Charge Lebanon, OH Jeff Parker says: An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET By Sharon SheridanPosted Apr 20, 2012 Rector Bath, NC Sean McDermott says: Priest Associate or Director of Adult Ministries Greenville, SC Rector Tampa, FL Rector (FT or PT) Indian River, MI Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Associate Rector Columbus, GA Assistant/Associate Rector Washington, DC Curate Diocese of Nebraska Director of Administration & Finance Atlanta, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis April 23, 2012 at 11:40 am This sort of article is outrageous, inaccurate, and naive. When the USSR trooped all their military might in Red Square on May Day, the US reponded by naming it Law Day. Being spriritual does not mean that their position makes any sense. These comments are ridiculously sweeping. This Episcopalian certainly does not support OWS, and I am insulted by the insinuation that I do. What I do support on the political front is the Constitution. Cathedral Dean Boise, ID Occupy movement participants take part in stations of the cross on Good Friday at the Massachusetts State House. Photo/Michael Horan[Episcopal News Service] With the dismantling of encampments at New York’s Zuccotti Park and elsewhere and the onset of winter, the Occupy movement dropped out of front-page headlines. But the movement against greed and economic inequality has continued unabated, supported by members of the faith community.“It’s alive and well. I’ve never seen so much percolation going on. Just today there are four different meetings having to do with five different actions,” retired Episcopal Bishop George Packard said in a March interview with ENS.“Actions” – from street theater to interruptions of foreclosure procedures by singing protestors to weekly Wall Street marches – occur frequently, chronicled on Occupy Wall Street’s Facebook page, website and elsewhere. Earth Day on Sunday in New York, for example, will bring a “jazz funeral for the death of Earth as we know it” and a march to the site of the proposed Spectra Pipeline in the West Village.Faith groups in some cities led Lent or Easter events. In late March, two priests from the Episcopal Diocese of Long Island and the founder of Protest Chaplains in Boston traveled to Oakland, California, to participate in a national Occupy Faith gathering. And movement supporters around the country are planning a day of action, including a call for a general strike, for May 1.“May Day is really going to kick off a whole series of actions that are going to go on this summer,” said the Rev. John Merz, priest-in-charge at the Episcopal Church of the Ascension on Greenpoint, Brooklyn. Leading up to that, every Friday or Saturday brings a march around Wall Street, he said. “There are sleeping bags in front of the [New York] Stock Exchange. There may even be attempts at various reoccupations, whether it’s Zuccotti or elsewhere. That may happen on a mass scale.”May 1, he explained, is “traditionally a day when unions and disparate groups work together to stand up for workers’ rights and the rights of the disadvantaged in society.”Packard, former bishop for the armed forces and federal ministries; Merz; the Rev. Michael Sniffen, priest-in-charge of the Episcopal Church of St. Luke and St. Matthew in Brooklyn; and the Rev. Earl Kooperkamp, rector of St. Mary’s Episcopal Church in Harlem, were among Occupy protesters arrested Dec. 17 after entering a fenced property owned by Trinity Episcopal Church, Wall Street, in Duarte Square in Lower Manhattan as part of Occupy Wall Street’s “D17 Take Back the Commons” event to celebrate three months since the movement’s launch.OWS had been lobbying Trinity to use the property for a winter encampment, following the movement’s Nov. 15 eviction from Zuccotti Park near the church. Trinity had refused, citing a lack of facilities at the site and its lease agreement allowing the Lower Manhattan Cultural Council to use it for periodic art installations. Packard had been trying to mediate an agreement between OWS members and Trinity.Packard and Kooperkamp are due in New York Criminal Court April 20 on trespassing charges. Merz and Sniffen accepted a six-month adjournment in contemplation of dismissal (ACD) on Feb. 28, which means the charges against them will be dismissed and they will have no criminal record if they are not arrested again in the next six months, according to a court official.Packard said he chose not to accept the offered ACD because “I elected to hear my charges from a judge and be able to respond to them.“I didn’t go through all of this just to kind of go out the back of the court with my tail between my legs, he said. “I felt it was time to stand on my own two feet, look the gentleman in the eye [and] say, ‘This is what I did.’”“I also probably will be arrested again,” said Packard, who has continued to participate in OWS actions in New York. “I’m not looking to be arrested, but the chances are pretty high.”Packard’s wife Brook, who was not arrested Dec. 17 but said she feared for her life when police countered OWS demonstrators with force, has continued to be involved in the movement as well, including teaching protest songs to occupiers for the spring marches.Merz also said he accepted the possibility of being arrested again. “I’m not worried about that. … I’ll be at demonstrations and I’ll be out on May Day, and if there’s an attempt at a reoccupation, I’m going to be there.”“Some of these demonstrations, people are getting arrested who are not even involved in the demonstration,” he said. “If you’re involved in some way, it’s a given that you may be arrested.”Being in court brought another lesson in society’s inequities, Sniffen said. “Most of the people in the courtroom where I was were elderly Chinese and Latino women who had been arrested for selling flowers and candy on a street corner. I was just thinking about all of the gross injustices that surround us that many of us are fighting in the church and outside the church to overcome and that the justice system is clogged with people who are desperately trying to scrape a living together. It was really a surprise, and them being given $150 fines, which is probably more than they make in a couple of months.”“I think it’s an indication that our justice system, along with many of our other systems, is also broken,” he said.Involved from the startInspired by the Arab Spring, the Occupy movement was launched Sept. 17 with Occupy Wall Street. Demonstrators set up camp in Zuccotti Park and created a community with everything from an onsite lending library to working groups planning actions and statements on various social and economic concerns. Participants organized using “horizontal” rather than hierarchical leadership and made decisions at democratic “general assemblies.”Other camps arose in cities and towns across the country and around the world, including an encampment outside St. Paul’s Cathedral in London. Within months, authorities broke up most of the encampments.Episcopalians and other people of faith have supported the movement from the beginning. Harvard doctoral candidate Marisa Egerstrom organized a group called Protest Chaplains that participated in the launch at Zuccotti Park and has supported Occupy Boston. In New York, Episcopal clergy, including Diocese of Long Island Bishop Lawrence Provenzano and those arrested Dec. 17, spent time with occupiers at Zuccotti Park and have been involved with Occupy Faith NYC.In late March, Occupy Faith members from across the country – including Merz, Sniffen and Egerstrom – attended a national planning meeting in Oakland, California, where members of various religious groups had maintained an “Interfaith Tent” at Occupy Oakland and 14 were arrested in November after refusing to evacuate that encampment.The Oakland meeting included discussion about national coordination and actions, including what will happen May 1 and a push for a commission on debt and debt culture — “something along the lines of a truth commission around wealth and debt” — Merz said. But it also showed the challenges of a national strategy for a diverse movement.Because there are so many Occupy groups at different stages of development, much of the conference focused on sharing experiences, identifying where the groups were in their development and discussing strategies, he said. Besides providing physical and logistical support, one area in which people saw faith leaders as potentially playing an important role is in direct actions, such as when Occupy Faith NYC members demonstrated in front of the governor’s office using beds to symbolize the impact of budget cuts on homeless people, he said.Since the breakup of the occupations in New York and other cities, said Egerstrom, “the main development is that what used to be a very camp-centered movement has really … turned into collective, I guess, and that collective is made up of working groups and affinity groups who are all now pursuing various strategies but in communication with each other. So it actually looks more like movements we’ve seen in the past than it has previously.”That, in turn, spurs the question: Will the movement dissolve into single-issue groups, “or are we going to continue to be something of a sustained popular uprising?” she said.“In Boston, some of the Protest Chaplains have continued to do various actions,” she said. During Lent, for example, a group gathered every Friday morning outside Bank of America for prayers and music, “not only calling for repentance on the part of banks, but also for all of us to understand how we’re all locked into a system that rests on exploitation and greed.”The Occupy Lent leaders included a Catholic, a Buddhist, a Unitarian, a Lutheran and emergent church Episcopalian. On Ash Wednesday, a UCC minister offered ashes. On Maundy Thursday, a group offered Eucharist and foot washing near a Boston Commons fountain. Good Friday brought a stations of the cross that drew 50 or 60 participants. In Philadelphia, Easter plans included a morning “Sermon at the Mall.”“Occupy is almost mirroring so much of what gets discussed in sort of emergent church discourse,” Egerstrom said. “People don’t want statements or creeds or mission blurbs. … What matters is where you put your body and to what end.“I think Episcopalians would say, ‘Well, it’s all fine and good if you say the creeds and you say that’s what you believe, but aren’t you going to show up to church? Aren’t we going to come together as a community and take part in the sacraments together and experience the sound of all our bodies and voices singing together, praying together?’ And Occupy has also come as a result of people being fed up with the insufficiency of things like signing online petitions, statements from people in positions of authority that don’t go anywhere.”A need for conversation“The camps taught us that there is no substitute for face-to-face conversations,” Egerstrom said. “And the camps taught us that there is nothing that scares the wealthy elite and their institutions more than a collection of people having face-to-face conversations.”Some conversations are taking place at Episcopal seminaries.On April 27, Packard and the Rev. James Cooper, rector of Trinity, Wall Street, will participate in “Occupy Faith – Leadership for the 100%,” a forum focusing on faith and leadership in the Occupy movement, at Virginia Theological Seminary in Alexandria, Virginia. The event is the second in a series of forums sponsored by the Social Concerns Committee highlighting the ongoing impact of the movement.In February, Packard, Merz, Smithen and Egerstrom participated in a forum at General Theological Seminary in New York.In the larger society, although OWS’ encampment only lasted two months, references to the movement and issues raised by Occupy have “just become part of the vocabulary,” Merz said.Within the larger institutional church, he said, he’s “more convinced than ever” that it “will naturally lag behind being a force of any kind of institutional change.”“We unconsciously and consciously perpetuate a lot of the institutional pillars in society, whether it’s family, law and order … Then we preach from the pulpit transformation,” he said. “Experientially, the church is a place that does not welcome transformation actually that openly and easily. You can’t move a pew without getting into an enormous fight.”But, at least in New York, the movement has “pushed some churches into uncomfortable territory,” he said, stressing the need for continued conversations about economic justice and action.May 1 will provide another opportunity, he said. “What will be the response to this? … How will churches respond and see ourselves as partners in pushing the society to answering the questions that we raise week in and week out from out from our pulpits?”Looking outside the church, religious leaders have described a strong spiritual component to the Occupy movement and its encampments from the beginning, even if many participants aren’t religiously affiliated.“The people I meet at OWS … they don’t know anything about institutional religion at all,” Packard said. “They are not less spiritual. They have a spirituality which is undeniable.”— Sharon Sheridan is an ENS correspondent. Family Ministry Coordinator Baton Rouge, LA Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Art House says: May 1, 2012 at 3:14 pm As a police officer in L.A. (LAPD) I’m quite horrified that my church sees fit to mix in with and empower those who assemble weapons against me and my brother and sister officers, go to the bathroom on our police cars, rape and murder one another – and no visits at all to police stations!All we have are our chaplains (God Bless them). I do wish Bishop Jon Bruno (a former police officer) would exhibit some Bonhoeffer inspired courage and strength on this matter. Pray for these protestors and denounce their Baal worship. Associate Priest for Pastoral Care New York, NY Assistant/Associate Priest Scottsdale, AZ Submit a Job Listing Bishop Diocesan Springfield, IL
By Egan MillardPosted Aug 28, 2020 Rector Albany, NY AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Assistant/Associate Rector Washington, DC Rector Belleville, IL The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Hopkinsville, KY Rector Martinsville, VA Priest-in-Charge Lebanon, OH Rector Tampa, FL Rector Bath, NC Rector Knoxville, TN Assistant/Associate Rector Morristown, NJ Director of Administration & Finance Atlanta, GA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Hurricane Laura causes major damage in Western Louisiana Curate Diocese of Nebraska Curate (Associate & Priest-in-Charge) Traverse City, MI Missioner for Disaster Resilience Sacramento, CA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Shreveport, LA TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Episcopal Relief & Development Rector Washington, DC In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Pittsburgh, PA Bishop Diocesan Springfield, IL Rector/Priest in Charge (PT) Lisbon, ME Associate Rector for Family Ministries Anchorage, AK Priest Associate or Director of Adult Ministries Greenville, SC Director of Music Morristown, NJ A large oak tree fell toward the Episcopal Church of the Good Shepherd in Lake Charles, Louisiana, during Hurricane Laura on Aug. 27, 2020. Photo: Bishop Noland Episcopal Day School[Episcopal News Service] Several Episcopal properties in the Diocese of Western Louisiana sustained heavy damage on Aug. 27 as Hurricane Laura left a narrow but brutal trail of destruction through the state.“I think that most people here just did not anticipate this level of destruction,” said Bishop Jacob Owensby, who spoke to Episcopal News Service from his car after driving around in search of a cell signal. “This will define ministry in this diocese for years.”Laura came ashore near the border of Texas and Louisiana as a Category 4 hurricane with winds up to 150 mph, one of the most powerful storms to hit the Gulf Coast in decades. The storm left at least six people dead and caused major property damage, mostly in and around Lake Charles, Louisiana, a small city along the inland waterways between Houston and New Orleans.Parts of the roof at St. Michael & All Angels Episcopal Church were ripped off, causing water damage inside the church and rectory. On Facebook, church leaders expressed thanks for the safety of their parishioners and launched a fundraiser for recovery efforts.On the other side of town, at the Episcopal Church of the Good Shepherd, a large oak tree fell toward the church but did not appear to cause major damage. As the storm was ravaging Lake Charles, the Rev. Frances “Boo” Kay, assisting priest at Good Shepherd, led Compline on Facebook Live from Baton Rouge, where she had evacuated.“I may be a little tearful because I think I’m going to lose my house,” Kay warned as she started the service, “but … I’ve done it once. I can definitely do it again.”The next day, Kay shared updates about the church and the adjoining Bishop Noland Episcopal Day School. The school suffered damage to its gymnasium roof and some windows, and a storage shed was destroyed.“We have so many people that are without homes and so much destruction, but we have so much to be thankful for,” she said. “I think that everyone is thankful, if you evacuated, that you got out with your lives and we’re so grateful that all of our families who evacuated are safe. That’s the main thing.”On the afternoon of the 28th, Owensby was still trying to assess the damage around the diocese from his home in Alexandria, in the center of the state. Lake Charles appeared to be the hardest hit; his son’s workplace there was “flattened,” he said. But he also said he was deeply concerned about residents of the many small rural communities, already struggling to make ends meet, who could face devastating storm damage. He still had not been able to get any information about two parishes in areas that were hit hard by the storm.“These are people who are barely making it,” he said. “You take away their housing or you crush one of their cars – the impact on those people is life-threatening. And so you stretch that across western Louisiana, and you’ve really got a social justice and works-of-mercy challenge.”Owensby said the diocese has been working with Episcopal Relief & Development – which is collecting donations for its Hurricane Relief Fund – before and after the storm to identify the most urgent needs.“Thanks be to God for them,” he said. “We’re grateful as can be.”– Egan Millard is an assistant editor and reporter for Episcopal News Service. He can be reached at [email protected] Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ Environment & Climate Change, Submit an Event Listing Featured Jobs & Calls Submit a Job Listing Rector Collierville, TN Canon for Family Ministry Jackson, MS Submit a Press Release Associate Priest for Pastoral Care New York, NY Rector (FT or PT) Indian River, MI The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Press Release Service Associate Rector Columbus, GA Rector and Chaplain Eugene, OR Course Director Jerusalem, Israel Family Ministry Coordinator Baton Rouge, LA Rector Smithfield, NC Featured Events Youth Minister Lorton, VA Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Tags Cathedral Dean Boise, ID
ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/252894/rear-house-extension-garden-design-lbmv-architects Clipboard Projects Architects: LBMV Architects Year Completion year of this architecture project Rear House Extension, Garden Design / LBMV Architects – Luigi Montefusco Text description provided by the architects. The project is a replacement of an existing extension made in the 80s of a Victorian Semidetached Terraced House in North London , Conservation Area.Save this picture!Courtesy of LBMV ArchitectsThe original extension was extended towards the garden.Save this picture!Courtesy of LBMV ArchitectsAn exposed steel structure is encased in a FW50 shuco curtain wall system . To guarantee a perfect insulation and avoiding any possible cold bridge.Save this picture!Courtesy of LBMV ArchitectsA green roof is provided to guarantee a better visual impact from the upper floors and insulation.Save this picture!PlanProject gallerySee allShow lessPiazza d’Armi Urban Park / modostudioArticlesUrban Shelter / Gabriela GomesArticles Share 2011 CopyAbout this officeLBMV ArchitectsOfficeFollowProductsWoodGlassBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesWoodLondonHousesUnited KingdomPublished on July 12, 2012Cite: “Rear House Extension, Garden Design / LBMV Architects – Luigi Montefusco” 12 Jul 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowershansgroheShower MixersVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldIntegrating Operable Walls in a SpaceLightsVibiaLamps – NorthCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemSkylightsVELUX CommercialAtrium Longlight, DZNE GermanyHanging LampsLouis PoulsenLamp – PH ArtichokeTiles / Mosaic / GresiteHisbalitMosaic Tiles – TexturasAcousticMetawellAluminum Panels – Acoustic SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteWall / Ceiling LightsA-LightWall Grazer Concealed LightsDoorsBuster and PunchDoor Hardware – Pull BarMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站？想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/252894/rear-house-extension-garden-design-lbmv-architects Clipboard “COPY” Houses “COPY” Year: Rear House Extension, Garden Design / LBMV Architects – Luigi MontefuscoSave this projectSaveRear House Extension, Garden Design / LBMV Architects – Luigi Montefusco ArchDaily Save this picture!Courtesy of LBMV Architects+ 9 Share CopyHouses•London, United Kingdom United Kingdom
Year: Save this picture!© Fabiana SantaRecommended ProductsDoorsdormakabaEntrance Doors – Revolving Door 4000 SeriesEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreWindowsJansenWindows – Janisol PrimoDoorsVEKADoors – VEKAMOTION 82Text description provided by the architects. N House was designed to serve leisure so that the owners could comfortably welcome their guests. Large windows allows a nice view into the existing vegetation and decrease the need for artificial lighting. The straight lines and well-defined volumes use natural materials, such as stone and wood, to generate a dialogue with the context. Save this picture!© Rui AntunesA plot with great slope provided the creation of wide levels of coexistence, integrated visually and spatially. The setbacks influenced the creation of inclined volumes, without compromising the functionality of the spaces. The main materials were steel, wood, stone and glass. Save this picture!© Rui AntunesSave this picture!Floor PlanSave this picture!© Rui AntunesThe interior design took into account the use of existing materials in the architecture, with well defined lines, allowing the composition to be timeless.Save this picture!© Fabiana SantaProject gallerySee allShow less“Architecture is Hope”: A Conversation with Li Hu of OPEN ArchitectureInterviewsSOM Reveals 35 Hudson Yards Tower for New YorkArchitecture News Share Area: 1090 m² Year Completion year of this architecture project “COPY” Save this picture!© Rui Antunes+ 60Curated by Matheus Pereira Share House N / F:Poles ArquiteturaSave this projectSaveHouse N / F:Poles Arquitetura ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912838/house-n-f-poles-arquitetura Clipboard “COPY” Houses Brazil Architects: F:Poles Arquitetura Area Area of this architecture project Manufacturers: Aluxe Iluminação, Amarante madeiras, Arza Mármores, Comsil, Deca, Grupo RP, JARDIM BOSSA, KF, Palimanan, Pedro Petry, Starthouse, Uniflex Photographs 2015 Lead Architect: Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/912838/house-n-f-poles-arquitetura Clipboard CopyHouses•Brazil House N / F:Poles Arquitetura Fernando Poles CopyAbout this officeF:Poles ArquiteturaOfficeFollowProductsGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesStoneGlassResidential ArchitectureWood SteelBrazilPublished on March 11, 2019Cite: “House N / F:Poles Arquitetura” [Residência N / F:Poles Arquitetura] 11 Mar 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Window Film in MarkthalBathroom AccessorieshansgroheBath & Shower ThermostatsCabinetsFlorenseCabinet – FloAirWood Boards / HPL PanelsBruagStair Railing – CELLON®LightsLouis PoulsenOutdoor Lighting – Flindt GardenBathroom AccessoriesBradley Corporation USAHigh Speed Hand Dryers – Aerix+BoardsForestOneLaminate – EGGER laminatesAcousticSchöckStaircase Insulation – Tronsole®Metal PanelsRHEINZINKPanel Systems – Horizontal PanelWall / Ceiling LightsA-LightAccolade Wall Light at River Dental OfficeBricksStröherClinker Brick Slips – StiltreuMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站？想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ArchDaily Photographs: Rui Antunes, Fabiana Santa Manufacturers Brands with products used in this architecture project
From left, Bruce Farina of Utility Workers of America Local 1-2, Eileen Gonzalez of El BarrioCommunity Action and Johnnie Stevens.Photo: Rosa GrableAt a June 18 City Council public hearing, an ad hoc coalition of tenants and activists stepped up the fight to make Con Edison accountable for the East Harlem gas explosion in March that killed eight residents and left more than 80 homeless.The hearing, on assessing the economic impact of New York’s failing infrastructure, was co-chaired by City Council members Dan Garodnick, chair of the Economic Development Committee; Donovan Richards, chair of the Environmental Protection Committee; and Rafael Espinal Jr., chair of the Consumer Affairs Committee.New Yorkers in Solidarity with the Survivors and Community of East Harlem and El Barrio, which was formed following the explosion, issued demands focusing on Con Ed’s culpability and debt to the victims and the community.Johnnie Stevens, the group’s founder and director, called on the National Transportation Safety Board to plan a public hearing in East Harlem to determine what is needed for the community and what must be done to prevent such a disaster from recurring.Stevens said Con Ed’s liability must be fully investigated: “Could this have been prevented? What is Con Ed doing now to to prevent future disasters? Are they doing all they can to make restitution to the community?”Stevens indicated in an interview with Workers World that a hearing in the neighborhood could help residents seek progress for their community beyond gas leaks. “It is only right that the hearing be located in the area of this tragic disaster. … The community has been neglected for too long. With a hearing in their backyard, the residents can have a part in creating their own future.”‘A lot of anger in the community’At the City Council hearing, Eileen Gonzalez focused on the community’s difficulties in dealing with social issues, including immigration. Gonzalez has been a resident in the neighborhood’s public Taft Houses for more than 20 years and is a member of the East Harlem El Barrio Community Action group, which gave material aid to explosion survivors. Immigrants, who account for a large part of the area’s population, are afraid of being deported if they engage in political activities, she said.Both Stevens and Ken Gale, host and producer of the environmental show “Eco-Logic” on WBAI Radio, said that residents from the community should be hired to fix the pipes and the buildings.“There is a lot of anger in the community, but a lot of it is focused constructively,” said Gale, who noted the slow reaction of the city in restoring services to the community. “I am confident that the blown-out windows of the surrounding buildings would have been replaced much faster in my own neighborhood. I’m saying everyone should have the same speedy service.”Gale added that “our addiction to fossil fuel was partly or largely to blame” for the pipeline explosion. He suggested making buildings more energy efficient and using solar energy. As of now, Con Ed is not giving up old-fashioned gas for the sun.A report issued by Mayor Bill de Blasio on the day of the hearing stated that the city’s fire department is now responding to all reported gas leaks, a significant increase in that agency’s role. According to the report, the department has been responding to every leak since the explosion.“Obviously it’s disappointing that none of us were made aware of the recommendations in advance of the hearing today,” said Council Member Garodnick.Edward Foppiano, Con Ed’s senior vice president of gas operations, said the fire department has an average response time of eight minutes for non-fire-related calls, while Con Ed’s response time to gas leaks is between 20 and 25 minutes.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
ColumnsThe Law On RERA From The Perspective On An Allottee Harshit Batra4 May 2020 10:51 PMShare This – xHistorically, real estate industry in India was unorganized and lacked transparency and accountability. However, owing to the increasing overhead costs and massive delay in completion of projects, there was a need for a governing authority to be established to mitigate the loopholes that are prevalent in the industry. The Real Estate Regulation and Development Act (hereinafter referred…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginHistorically, real estate industry in India was unorganized and lacked transparency and accountability. However, owing to the increasing overhead costs and massive delay in completion of projects, there was a need for a governing authority to be established to mitigate the loopholes that are prevalent in the industry. The Real Estate Regulation and Development Act (hereinafter referred to as ‘RERA’) came into full force on 1st May, 2017 after being passed by the Rajya Sabha and Lok Sabha on 10th March, 2016. After getting the assent of the President on 25th March, 2016 it was published in the Official Gazette of India on 26th March, 2016 for the public. The act, to achieve this aim, set up state level regulatory bodies called Real Estate Regulatory Authorities(RERA) to regulate matters of real estate between builders and allottees thus ensuring precision, transparency and accountability in the development and working of these projects and the state level tribunals Real Estate Appellate Tribunals to adjudicate the decisions of the RERA. Considering the power dynamic that usually exists between the builders and the home buyers, RERA seeks to protect and makes it mandatory for the builder to fulfill several duties in order to safeguard the rights of the allottees. From mandating the builder to share all relevant details of the project with the allottee to making sure the allottee has the right to get all the documents related to the project in their possession. This Act helps to instill confidence in the real estate sector of our country as non-compliance with any of the provisions in the Act attracts severe penalties for the builder. This Act empowers the regulators to fine and imprison the defaulters and the imprisonment can go up to a period of three years. Filing Complaint with RERA/Adjudicating Officer Section 31(1) mandates any person to file a complaint with the Authority or the adjudicating authority for any violation of the provisions of the RERA Act or Rules made thereunder against any real estate promoter, allottee or agent. The format of form, manner, and fees for filing a complaint is prescribed by regulations and provision of section 31 sub-clause (2) of the Act. In case of breach of duties by the promoters, allottees and the real estate agents, the Authority can impose penalty or interest in accordance with Section 38(1) of the Act. To the best of my knowledge the prescribed fee as per section 31(2) is majorly Rs. 1000/- in all States and UT’s except for Maharashtra where it is Rs. 5000/- and Himachal Pradesh where it is Rs. 500/-. It is also pertinent to note, that the aggrieved person under the Act can only be allottee, promoter, real estate agent, association of allottees, the Act here has an edge so as to include the investors under the definition of allottee in comparison with the Consumer Protection Act where to file a complaint one could only be the consumer and not an investor. Prevalent Power Dynamics In the contractual relationship between the promoter and the allottee, there is a huge disparity in their economic strength leading to inequality of bargaining power. It usually turns out that in such a situation the allottee cannot dissent to a contract and is left with no option but to sign on the dotted lines of the standard contract. This view was taken by the division bench of the Hon’ble Bombay High Court in the case of Neelkamal Realtors Suburban Pvt Ltd Vs. Union of India and Ors. (2017) SCC Online Bom 9302, wherein, the Bombay HC bench held that: – “…Agreements entered into with individual purchasers were invariably one-sided, standard-format agreements prepared by the builders/developers and which were overwhelmingly in their favour with unjust clauses on delayed delivery, time for conveyance to the society, obligations to obtain occupation/completion certificate, etc. Individual purchasers had no scope or power to negotiate and had to accept these one-sided agreements.” Forum for redressal of grievances The proviso to Section 71(1) permits the complainant to select as per its discretion any forum for the redressal of its grievances and it does not explicitly provide for the bar of jurisdiction of consumer forum. Interestingly, the said provision enumerates that a complainant may withdraw the complaint pending before the Consumer Dispute Redressal Commission and file it before the RERA authority or Adjudicating Officer on the matters pertaining to the veracity of the advertisement by the promoter, non-adherence to sanction plans by the promoter, matters of refund and compensation from the promoter or any other rights of allottees as specified under the RERA Act. A Bar of Jurisdiction of Civil Courts is enforced by section 79, no civil court shall entertain any suit and no injunction shall be granted by any court in respect of any matter which the authority or the adjudicating officer or appellate tribunal is empowered under the statute of RERA. Consequences of an Arbitration clause in the Builder-Buyer Agreement An arbitration clause contained in a builder-buyer agreement cannot bar the buyer to seek redressal under the RERA Act. The intention of the legislature is quite clear and evident by the preamble of the Act itself. The enactment of the RERA Act, 2016 is to provide a mechanism for speedy dispute redressal and the aforesaid Act is in addition to any other law in force and not derogation. In view of the observations made by the Supreme Court in M/S Emaar Mgf Land Limited vs Aftab Singh (2019) 12 SCC 751, the Hon’ble Supreme Court considered the provisions of Consumer Protection Act, 1986 & the Arbitration and Conciliation Act, 1996 and laid down that the complaint under the Consumer Protection Act, 1986 is a special remedy. Despite there being an arbitration agreement, the proceedings before the consumer forum have to go on and as per the purpose of the statute of Consumer Protection Act. Such proceedings should not be interjected on the strength of the arbitration agreement as per the provisions of Arbitration and Conciliation Act, 1996.The Hon’ble Supreme Court further held that not only the proceedings under the Consumer Protection Act are special proceedings that were required to continue under the Act despite the arbitration agreement; there are a large number of other fields wherein an arbitration clause in the agreement can neither stop nor stultify the proceedings. Time Period for Disposal of Complaints: – On conjoint reading of Section 29(4), section 44(5) and section 71(2), these sections provides that any complaint to the authority or any appeal to the appellate tribunal or any application for adjudging compensation to the adjudicating officer shall be dealt as expeditiously and within a time period of 60 days or reasons shall be recorded in writing if such complaints are not disposed of, within the aforesaid time period. Right to Information enumerated as a Right of the Allottees Section 11(3) enumerates the following as a duty of the promoter and section 19(1) and 19(2), on the other hand, enumerates below mentioned as the rights of allottees at the time of booking and issue of allotment letter: Sanctioned plans with specifications as approved by the competent authorities by a display at the website or as specified by the regulations made by the authority.The stage-wise time schedule of completion of the project including the provisions for civic infrastructure like water, sanitation, and electricity. In circumstances of pendency of projects Section 8 mentions about the situation in which the promoter’s registration if suspended or revoked by the Authority or the project has crossed the time-limit as per the Section 5(3) of the RERA Act, the RERA authority in such a situation will consult the appropriate Government and will take such actions as deemed appropriate for completing the rest of the pending construction work of the project. The task to complete the pending construction work shall either be done by the association of allottees or by any competent authority, as the RERA authority deems fit in this aspect. The RERA will offer to complete the work of the project firstly, by the association of allottees and if they deny doing then the Authority will take any other option in this regard. Right to Possession enumerated as a Right of the Allottees In accordance with section 19 (3), the allottee has a right to claim possession of the apartment, plot or building and the association of allottees have a right to claim the common areas as per the declaration given by the promoter under sub-clause (C) of clause (l) of sub-section (2) of section 4. The aforementioned right of entitlement to possession runs simultaneously with the duty of the allottee to take physical possession of the plot or apartment or building, as the case may be within a period of 2 months after the issuance of OC (occupancy certificate) of the said unit in accordance with Section 19(10) of the Act. Duties of the promoter with regard to the Execution of Registered Sale deed Section 17(1) casts a duty on the promoter to transfer the title to allottee by a registered conveyance deed and simultaneously hand over the possession of plot, apartment or building. The promoter shall also hand over the common areas to the association of allottees or the competent authority within specified period as per the sanctioned plans from the concerned local laws. In the case of absence of any local law such conveyance deed shall be carried out within 3 months from the date of issuance of the occupancy certificate. As per section 17(2), after obtaining Occupancy Certificate and handing over the possession to allottees, the promoter is also duty bound to hand over the necessary documents and plans to the allottee and that of common areas, to the association of allottees or the competent authority as per the governing local laws in force. Whereas in the absence of any local law the same shall be handed over within 30 days after obtaining the completion certificate. It is also pertinent to note that the Real Estate (Regulation and Development) Removal of Difficulties Order, 2016 clarifies that the handing over of the possession of the common areas to the allottees has to be right after the issuance of completion certificate, where on the other hand execution of the registered conveyance deed is to take place only after the issuance of the occupancy certificate. Breach of Agreement for Sale by Promoter & Right of Allottee to Withdraw from the Project As per the section 19(4), the allottee shall be entitled to claim refund of the total amount paid by the allottee along with the interest at such rate as may be prescribed, if the promoter violates any condition mentioned in the agreement for sale or if his business discontinues due to the revocation or cancelation of his registration with the concerned authority. Interest shall be payable on the total deposits of the allottee by the promoter at the prescribed rate, i.e. State Bank of India’s highest Marginal cost of lending rate as basic, plus 2% as per Haryana Rules and MCLR plus 1% as per Uttar Pradesh Rules and accordingly, it varies from State to State. In regard of my experience, one of the factors which can be taken into account while deciding the quantum of compensation could be the rents being paid by the allottee even after the due date of possession lapses, till the date of possession or refund by the promoter. A possession clause which is typically found in a builder buyer agreement executed between the parties, stipulates the time period within which the builder/promoter shall hand over the possession of the apartment/flat/unit to the buyer. If the promoter fails to fulfill his obligations as stipulated under the agreement for sale or the builder buyer agreement, as per section 18(1) the promoter shall be liable on demand by the allottees to refund the amount paid by them with the prescribed rate of interest or if the allottee wishes to continue in the project he shall be paid interest for every month of the delay till handing over the possession as prescribed under the Act. In the case of Fortune Infrastructure V. Trevor D’lima And Ors, (2018) 5 SCC 425, it was held that even if the agreement did not mention any stipulated delivery date, the possession to the allottee must have been given within reasonable time which in the present case was three years. The bench observed that the allottee cannot be expected to endlessly wait for the possession. The aforesaid finding was relied on in Pioneer Urban Land & Infrastructure Ltd. Versus Govindan Raghavan, (2019) 5 SCC 725, “the Appellant – Builder failed to fulfill his contractual obligation of obtaining the Occupancy Certificate and offering possession of the flat to the Respondent – Purchaser within the time stipulated in the Agreement, or within a reasonable time thereafter. The Respondent – Flat Purchaser could not be compelled to take possession of the flat, even though it was offered almost 2 years after the grace period under the Agreement expired. During this period, the Respondent – Flat Purchaser had to service a loan that he had obtained for purchasing the flat, by paying Interest @10% to the Bank. In the meanwhile, the Respondent – Flat Purchaser also located an alternate property in Gurugram. In these circumstances, the Respondent – Flat Purchaser was entitled to be granted the relief prayed for i.e. refund of the entire amount deposited by him with Interest.” As per section 12 of the Act, if the allottee due to any false statement contained in any sort of advertisement made by the promoter sustains any loss, in such a case a promoter shall be responsible for veracity of the advertisement or prospectus published by him. In the aforementioned damage a promoter shall be liable to compensate the allottee as per the provisions of this Act. The allottee can also, seek a full refund of the principal amount paid by him along with such a rate of interest and compensation as prescribed under this Act. For illustrating the widest scope of advertisement, it could also include providing proper road facility connecting the project from any easily accessible road even if such a task was to be held with the aid of concerned government authorities. In case there is any structural defect in the flat, plot or building or any lacunae in workmanship, quality or lacks in any provision of services as per the agreement for sale, the promoter should be informed by the allottee about such a defect within 5 years from the date of handing over the possession by the promoter to the allottee. The promoter is responsible as per section 14(3) to rectify such a defect within 30 days without levying any other charges for the said. If the promoter doesn’t rectify within 30 days, the aggrieved allottees shall be entitled to receive suitable compensation in the manner as provided under this Act. In my opinion, this is quite a favorable provision for the allottees which would include a defect in the quality of the structure. If the promoter fails to discharge any other rules, obligation, or regulations imposed on him under this Act or in according to the terms and condition of the agreement for sale, he shall be liable to pay compensation to the allottees in the manner as provided in Section 18(3) of the Act. Circumstances of Loss Caused by Defective Title In accordance with Section 18(2), the promoter shall compensate the allottees if any loss is caused to them due to defective title of the land, on which the project is being developed or has been developed, in the manner as provided under the Act. The claim for such compensation shall not be barred by limitation provided under any law for the time being in force. Alterations made to the project without consent of the Allottee When the layout and sanctioned plans, specifications, kind of fixtures, fittings, all the amenities and common areas of the unit are approved from the concerned authority and are brought to the knowledge of a prospective buyer or supplied to the prospective buyer of the unit, the promoter shall not make – Any changes or inclusion in the layout and sanctioned plans, specifications, kind of fixtures, fittings inclusive of all the amenities as mentioned therein with respect to the unit which are agreed to be taken, without the previous consent of that person. However, if required by the allottee, the promoter may make alterations or minor additions provided they are necessary as per the authorized architect or engineer after due communication with the allottee in this regard. Any other changes or additions without prior written approval from at least 2/3rd of the allottees, other than the promoters who are likely to invest in the unit. According to explanation to Section 14(2) (ii) of the Act, the allottees, irrespective of the number of units booked in favour of his family members, or in case of companies or firms or any association of individuals, etc. with whichever name they are recognized, booked in their name or booked in favour of their related entities or associated enterprises, shall be considered as one allottee only. Transfer of project to third party without consent Section 15 of the Act states that without the written consent from 2/3rd allottees and the written approval from the Authority, the majority shall not include the promoter in it, the promoter is prohibited from transferring and allocating his majority right and liabilities in the real estate project to any third party. For the purposes of the computation of 2/3rd allottees under section 15(1), the explanation remains the same as aforementioned that of section 14(2)(ii) of the Act. As per section 15(2), when the transfer of assignment is permitted to be made by the allottees and the Authority, the incoming promoter shall be liable to fulfill all the pending obligations individually under the provisions of this Act or the rules and regulations made thereunder, including the obligation as specified in the agreement for sale entered into by the promoter with the allottees. This section further clarifies that any such transfer if permitted shall not result in extension of time to the incoming promoter to complete the said real estate project. In the event of any default by the incoming promoter he shall be made liable to such consequences arising out of the breach of pending obligations of the erstwhile promoter or delay as per the provisions enumerated in this Act or the rules and regulations made thereunder. Penalty in case the Promoter fails to abide by the orders of Authority If the promoter fails to abide by or violate any of the orders, decision or direction of the Authority, he shall be liable to pay penalty for everyday during which such default continues, which may extend up to 5% of the estimated cost of the real estate project, as determined by the Authority and accorded by Section 63 of the Act. Penalty in case the Promoter fails to abide by the orders of Appellate Tribunal According to Section 64 of the Act, if the promoter fails to abide by or violate any of the orders, decision or direction of the Appellate Tribunal, he shall be punishable with imprisonment for a term which may extend up to 3 years, or with fine for everyday till such default continues which may extend up to 10% of the estimated cost of the real estate project, or with both. CRITICAL ANALYSIS A striking observation of the RERA Act that can also be termed as a shortcoming of the Act is that the legislation contains no provision that defines the term ‘Banker’. There are several provisions in the Act that define the rights and duties of the promoter and the allottee but the Act misses out on enumerating the obligations of a Banker which is crucial, considering the number of tripartite agreements that are often entered into between the various parties. Specifically laying down the rights and duties of the banker would bridge the lacuna that is otherwise created in law which is often used as an escape clause since there is no obligation to perform certain duties under the Act, which would attract penalties if not performed in the correct manner. Considering the nature of the disputes that arise from matters concerning real estate, there is a need to introduce various modes of alternate dispute resolution than those mentioned in the Act. Conciliation, wherein a third party, meets with parties and assists them to find a way to settle their disputes is the only mechanism mentioned in the Act. Mentioning several other mechanisms like mediation and arbitration would provide the parties with a mechanism to resolve their dispute in a manner that best suits their needs. Another technical difficulty that the allottees often face is regarding the structural defects in the project undertaken by the builder. At the time of handing over of the booked unit to the allottee, the promoter being in a dominant bargaining position often takes an undertaking from the allottee that they do not have any complaints as regards to the structure of the concerned project. However, what tends to happen in some cases is that there are some of the structural defects that are prevalent in the project but the allottee fails to point them out as they are not visible to the naked eye to a lay man. In order to cope up with this situation, there should be a provision in the Act that permits the association of allottees to allot an independent engineer that could ensure that the structure of the plan meets the sanctioned plan and advice the allottees over other such technical aspects which are difficult to be noticed by a lay man. In matters concerning the execution of the order passed by the Authority in accordance with section 40 the Act, in case the order is in favour of the allottee, what is often observed to happen by me is that the builder tends to reach at a settlement at the time of execution of the order and some of the allottees accept the settlement offered to by the builder. The Central Act states that it depends on the rules and functioning which differ in each state. Further, in some of the cases where the builder did not abide by the order passed by the Authority and the parties couldn’t come to a settlement, in these circumstances for instance in Uttar Pradesh RERA , a recovery certificate is issued by the authority to the District Magistrate/Collector to ensure a recovery may the case be that the property of the builder is to attached or the his bank accounts are to be seized and hence the allottee can be given the money they rightly deserve as per the orders passed by the authority. The mandate of having it recovered as an arrears of land revenue has, a shortcoming in the Act, which is that there is no time frame mentioned as to when such District Magistrate needs to ensure that the property is to be attached or the bank accounts are to be seized and the allottees are given the money. This is yet another way in my opinion that the Act can enumerate and make it more efficient so as to meet the purpose it aims to meet. CONCLUSION RERA provides a common ground for, the buyers as well as the builders and the agents, hence reduce the difficulties and risks faced by the home buyers. It is a tool vested in the hands of the allottees that helps keep a check on the activities of the builder and the development of these projects. RERA brings along with it a forum for redressal of grievances, transparency, timely possessions of the projects and instills to create a trustworthy relationship between the buyers and the builders. Despite the few shortcomings that come along with this Act, it is indeed a healthy policy change in the real estate sector of the country.Views Are Personal Only The Author of this article, Harshit Batra is an Advocate and RERA Consultant. He is based in Delhi and practices Pan India. To bring about his expertise on this subject; he was the Former Legal Executive of the Real Estate Regulatory Authority – Gurugram Bench. His practice concerns majorly 3 fields: RERA, Arbitration and Criminal laws. Next Story