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    Houston Room Additions | Over 30 Years of Experience - September 20, 2017 by Mr HomeBuilder

    Running out of space?

    Unique Builders & Development can create the new room of your dreams, from concept to completion. Your room addition will provide you with a lifetime of enjoyment while increasing the value of your home.When adding a room to your home, the careful selection of an experienced remodeling company is critical to the success of your project. Our 30 years of experience in room additions and installations has helped us perfect our process and minimize the impact on your everyday life.

    We work closely with you to determine your needs, and devise a plan custom tailored to your situation.

    Unique Builders & Development has an in-house team that handles room addition projects, giving us more flexibility in our price structure and more control over the quality of the work performed.

    This translates directly into substantial savings for you, and a more streamlined, incident-free installation of the new addition to your home. You communicate directly with the team manager, and you are kept in the loop about every aspect of the project, from beginning to end.Our room addition team has developed the ability to seamlessly integrate a new room into your home, complimenting your existing style while dramatically expanding your living space. We work with the highest quality construction materials, ensuring a lifetime of quality and a high return on your investment.

    Whether its a game room, a sun room addition, a second floor addition, a room above the garage, or a garage conversion we use a delicate balance of form and function to create the room addition of your dreams.

    For a FREE Expert Evaluation Click hereor Call(713) 263-8138

    Your Dream Room, Delivered.

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    Houston Room Additions | Over 30 Years of Experience

    Two-story addition causes concerns – Cody Enterprise - September 3, 2017 by Mr HomeBuilder

    A Cody couples two-story addition built to accommodate a growing family has some neighbors fearing loss of privacy and property value.

    Although city building officials had originally approved the addition on Carter Avenue near Dorse Miller Park, they had not approved designing the second story as a separate housing unit.

    To proceed with construction of the upstairs apartment for a relative, James Morgan applied for a conditional use permit from the city planning and zoning board, notified neighbors by letter and advertised a public hearing.

    Aside from privacy- and property-value concerns, opponents were upset the city had allowed the towering addition despite homeowner association rules limiting houses to 1-1/2 stories in the subdivision. They learned at the public hearing that since the HOA was no longer active, they would have to fight the addition through the courts.

    After reviewing options with legal counsel and city community development staff, P&Z members granted the conditional use permit on a 4-1 vote.

    Of 17 letters sent, neighbors from seven addresses responded. Five offered no objection. The two couples who objected in writing live across the alley. They spoke at the public hearing, saying at first they were glad to see the Morgans expand their one-bathroom house.

    Those benevolent feelings quickly evaporated when they saw the second story go up with a separate living space accessible only from an outside stairway. They worried it would be used as a rental with rotating strangers looking down at children playing in backyards below.

    Long-time resident Linda Hopkin said when she walks outside and looks up at great big windows across the alley, it feels as if shes in prison. She said people in their neighborhood get along and they visit with each other about their plans before starting a building project. That the Morgans hadnt come over to visit about the project in advance was hurtful.

    Vince Hopkin didnt like the fact construction had started before notice of the accessory unit was sent. The letter arrived just a few days after people realized there was a second story, and so they didnt have much chance to provide input, he said.

    He worried the infringement would lower his property value.

    Greg and Sandra Kincheloe, who have lived on Beartooth Drive to the north since 1969, shared the Hopkins disappointment.

    I dont know if theres a law against someone looking into your backyard, Greg said. But I dont like it.

    Sandra said when theyd built an addition in 79, they were told because of subdivision covenants, no structure could go higher than 1-1/2 stories, and only one family was allowed per dwelling. Now, other homeowners are allowed to build based on a different set of rules.

    Morgan spoke to clear the air, saying prior to the addition, he was unaware of previous discussions in the neighborhood or about zoning issues. The decision to build was made quickly after learning his mother-in-law intended to move in to help with child care.

    I apologize for any ill intent, he said. We meant no harm in this.

    Highland Manor Subdivision covenants were first recorded with the Park County clerk in 1956.

    HOAs typically have a set of rules to keep consistency in a neighborhood. If adhered to, there are fewer surprises. They might keep excessive vehicles off the street, dictate some basic landscaping expectations or prohibit accumulated junk.

    Apparently the Highland Manor HOA is no longer active, and several other two-story additions already exist.

    That set a legal precedent, said Scott Kolpitcke, city attorney. When one covenant violation is allowed to go unenforced, it leads to the potential for litigation.

    Todd Stowell, city planner, said the city is not party to those covenants and doesnt have authority over them.

    From a legal perspective, we dont consider covenants, period, he said, while admitting the statement may seem harsh. And whether the subdivisions HOA is still valid could be questionable, he continued.

    I wish we could enforce covenants, Steve Miller, P&Z president, said. But, unfortunately, theres no way we can.

    The public hearing was solely for the accessory dwelling unit application in the R-1 district. Board members were to decide whether to issue a conditional use permit based on six or seven criteria, with compatibility with other uses in the area a main consideration.

    As an ADU, the Morgans addition met most requirements. It did not exceed the allowed number of bedrooms, parking was sufficient, the double lot was large enough, etc.

    Addressing privacy, Stowell said from photos, You can tell the [neighboring] property is definitely impacted.

    As a potential solution, he suggested Morgan attach a fixed exterior shutter with slats that let light in and allow a person to look up yet block vision looking down. As a longer-term fix, they could plant evergreen trees. Frosted windows were another option.

    Our thought is, if theres anything reasonable, they should provide it, Stowell said.

    If the P&Z had not approved the permit, the area could still be used. But the Morgans wouldve needed to change the floor plan to remove either the kitchen, bathroom or living room.

    What becomes of the addition if, at some time, your mother-in-law moves out? Miller asked, voicing a concern others had expressed about the apartments potential as a rental unit.

    Morgan said his mother-in-law plans to stay with the family long-term.

    As long as Im in the house, I wouldnt put someone in the house whos a danger to my family or the neighbors, he said. So no one should worry about that. Long-term, its in Gods hands. Theres no way to know.

    Miller said hed feel a lot more comfortable if the second story were accessible from the existing house.

    If we deny it, the buildings still going to be there, he said. Unfortunately, theres nothing we can do about that.

    Buzzy Hassrick, board member, said it was unfortunate the addition hadnt been designed to fit better with the neighborhood, such as a split level add-on with a lower profile.

    On the other hand, we cant say [he should] just lower it 10 feet, she said. Im conflicted.

    While agreeing the board should approve the permit, she supported mitigation to address the neighbors privacy concerns.

    So Im going to vote against it, she said.

    Miller, Reese Graham, Heidi Rasmussen and Richard Jones voted to allow the apartment without mitigation. Kayl Mitchell abstained from discussion and the vote, citing personal and professional conflicts. Curt Dansie was absent.

    Graham and Rasmussen encouraged Morgan and his neighbors to come up with a solution to privacy on their own.

    Read the original:
    Two-story addition causes concerns - Cody Enterprise

    Bon apptit! – @UofSC - September 3, 2017 by Mr HomeBuilder

    Posted on: August 29, 2017; Updated on: August 29, 2017By Chris Horn, chorn@sc.edu, 803-777-3687

    Aramark's new food services contract with USC means new dining options and nearly $80 million in improvements and new construction for dining facilities.

    Thenew food service contract with Aramark promises to bring big changes to the campus dining scene, both in restaurant options and dining facilities.

    One of the highlights of the 15-year contract is $79 million in dining facility improvements and new construction, including a new dining hall for the future Campus Village replacing Bates, Bates West and Cliff apartments, and renovations and a major addition to the Russell Houses dining areas.

    The changes begin early in the spring 2018 semester when Coopers Corner at Thomas Cooper Library is converted into a full-service Starbucks. Another Starbucks will open at the same time in the ground level of the Humanities Classroom Building.

    Two new food acquisition options begin this academic year: online ordering via a phone app later this semester and on-campus food delivery next semester for students, faculty and staff. The latter service will be a student-managed program and will contribute toward Aramarks goal of hiring 150 student workers this year and double that number in 2018-19.

    Next summer, the first-floor Grand Marketplace in the Russell House will be remade, with a full-service Chick-fil-A to replace the smaller version of that restaurant currently on the second floor. Aramark will also open Congaree Smokehouse, a barbecue eatery, and Olilo, a Mediterranean-inspired restaurant from Iron Chef Cat Cora. Other possible additions include Au Bon Pain, a fast-casual bakery and caf, and an Asian or pan-Asian franchise.

    The summer of 2019 will see a nearly 23,000-square-foot addition to the second floor of the east side of the Russell House. The expansion will increase the size of the ballroom, provide more space to the University Bookstore and create a new all-access dining facility on the second floor.

    In 2020, an all-access dining meal plan will replace current meal plans for freshmen, and several dining facilities across campus will become all-access sites.

    With all-access dining you can come and go whenever you want and eat as much or as little as youd like, says Clete Myers, resident district manager for Aramark and a 1990 HRSM graduate of the university. All-access will take away a lot of the restrictions on meal plans and will cater especially to on-campus students.

    Also looking ahead to 2020, the first phase of Campus Village is scheduled for completion, bringing with it new residence halls and a new dining facility and other retail space for the south campus.

    Aramark is committed to using as much S.C.-grown produce as possible, particularly in the Honors Residence Hall dining hall. In conjunction with Green Quad, Aramark plans to start a hydroponic freight farm that will grow lettuces and greens on campus.

    Healthy food options and improvements to campus dining facilities are only part of Aramarks commitment, says Faren Alston, Aramarks on-campus marketing manager.

    The service we provide is more than just serving someone food, Alston says. Our employees see students multiple times every day we might have more contact with them than anyone else on campus. We see them and talk to them, and we hope were adding to the positive experience of living on campus.

    Share this Story! Let friends in your social network know what you are reading about

    Topics: Students, Campus Construction

    Read the original:
    Bon apptit! - @UofSC

    AT&T Reports Second-Quarter Results – finance.yahoo.com - September 1, 2017 by Mr HomeBuilder

    DALLAS--(BUSINESS WIRE)--

    AT&T Inc.* (NYSE:T) reported strong adjusted earnings growth and margin expansion with lower expenses in the second quarter.

    Once again our team delivered expanded consolidated margins and, as a result, grew adjusted earnings per share by nearly 10% as we executed well against our business priorities, said Randall Stephenson, AT&T chairman and CEO. And in a quarter where our competitors used promotions aggressively, we added more than 500,000 branded smartphones to our base and more than 100,000 IP broadband subscribers, achieved record EBITDA wireless margins and had the lowest postpaid phone churn in our history. We continue to expect the Time Warner deal to close by year-end and further transform the company.

    Consolidated Financial Results

    AT&Ts consolidated revenues for the second quarter totaled $39.8 billion versus $40.5 billion in the year-ago quarter, primarily due to declines in legacy wireline services and consumer mobility. Compared with results for the second quarter of 2016, operating expenses were $32.5 billion versus $34.0 billion; operating income was $7.3 billion versus $6.6 billion; and operating income margin was 18.4% versus 16.2%. When adjusting for amortization, merger- and integration-related expenses and other items, operating income was $8.6 billion versus $8.1 billion and operating income margin was 21.6%, up 150 basis points versus the year-ago quarter.

    Second-quarter net income attributable to AT&T totaled $3.9 billion, or $0.63 per diluted share, compared with $3.4 billion, or $0.55 per diluted share, in the year-ago quarter. Adjusting for $0.16 of costs for amortization, merger- and integration-related expenses and other items, earnings per diluted share was $0.79 compared with an adjusted $0.72 in the year-ago quarter, up 9.7%.

    Cash from operating activities was $8.9 billion in the second quarter and $18.2 billion year to date. Capital expenditures were $5.2 billion in the quarter and $11.2 billion year to date. Free cash flow cash from operating activities minus capital expenditures was $3.7 billion for the quarter and $6.9 billion year to date.

    *About AT&TAT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nations best data network** and the best global coverage of any U.S. wireless provider. Were one of the worlds largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.

    AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

    2017 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

    **Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q4 2016 + Q1 2017 across 121 markets.

    Cautionary Language Concerning Forward-Looking Statements

    Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&Ts filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.

    This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the companys website at https://investors.att.com.

    Read More

    Discussion and Reconciliation of Non-GAAP Measures

    We believe the following measures are relevant and useful information to investors as they are part of AT&Ts internal management reporting and planning processes and are important metrics that management uses to evaluate the operating performance of AT&T and its segments. Management also uses these measures as a method of comparing performance with that of many of our competitors.

    Free Cash Flow

    Free cash flow is defined as cash from operations minus Capital expenditures. Free cash flow after dividends is defined as cash from operations minus Capital expenditures and dividends. Free cash flow dividend payout ratio is defined as the percentage of dividends paid to free cash flow. We believe these metrics provide useful information to our investors because management views free cash flow as an important indicator of how much cash is generated by routine business operations, including Capital expenditures, and makes decisions based on it. Management also views free cash flow as a measure of cash available to pay debt and return cash to shareowners.

    EBITDA

    Our calculation of EBITDA, as presented, may differ from similarly titled measures reported by other companies. For AT&T, EBITDA excludes other income (expense) net, and equity in net income (loss) of affiliates, as these do not reflect the operating results of our subscriber base or operations that are not under our control. Equity in net income (loss) of affiliates represents the proportionate share of the net income (loss) of affiliates in which we exercise significant influence, but do not control. Because we do not control these entities, management excludes these results when evaluating the performance of our primary operations. EBITDA also excludes interest expense and the provision for income taxes. Excluding these items eliminates the expenses associated with our capital and tax structures. Finally, EBITDA excludes depreciation and amortization in order to eliminate the impact of capital investments. EBITDA does not give effect to cash used for debt service requirements and thus does not reflect available funds for distributions, reinvestment or other discretionary uses. EBITDA is not presented as an alternative measure of operating results or cash flows from operations, as determined in accordance with U.S. generally accepted accounting principles (GAAP).

    EBITDA service margin is calculated as EBITDA divided by service revenues.

    When discussing our segment results, EBITDA excludes equity in net income (loss) of affiliates, and depreciation and amortization from segment contribution. For our supplemental presentation of our combined domestic wireless operations (AT&T Mobility) and our supplemental presentation of the Mexico Wireless and Latin America operations of our International segment, EBITDA excludes depreciation and amortization from operating income.

    These measures are used by management as a gauge of our success in acquiring, retaining and servicing subscribers because we believe these measures reflect AT&Ts ability to generate and grow subscriber revenues while providing a high level of customer service in a cost-effective manner. Management also uses these measures as a method of comparing segment performance with that of many of its competitors. The financial and operating metrics which affect EBITDA include the key revenue and expense drivers for which segment managers are responsible and upon which we evaluate their performance. Management uses Mexico Wireless EBITDA in evaluating profitability trends after our two Mexico wireless acquisitions in 2015, and our investments in building a nationwide LTE network by end of 2018. Management uses Latin America EBITDA in evaluating the ability of our Latin America operations to generate cash to finance its own operations.

    We believe EBITDA Service Margin (EBITDA as a percentage of service revenues) to be a more relevant measure than EBITDA Margin (EBITDA as a percentage of total revenue) for our Consumer Mobility segment operating margin and our supplemental AT&T Mobility operating margin. We also use wireless service revenues to calculate margin to facilitate comparison, both internally and externally with our wireless competitors, as they calculate their margins using wireless service revenues as well.

    There are material limitations to using these non-GAAP financial measures. EBITDA, EBITDA margin and EBITDA service margin, as we have defined them, may not be comparable to similarly titled measures reported by other companies. Furthermore, these performance measures do not take into account certain significant items, including depreciation and amortization, interest expense, tax expense and equity in net income (loss) of affiliates. Management compensates for these limitations by carefully analyzing how its competitors present performance measures that are similar in nature to EBITDA as we present it, and considering the economic effect of the excluded expense items independently as well as in connection with its analysis of net income as calculated in accordance with GAAP. EBITDA, EBITDA margin and EBITDA service margin should be considered in addition to, but not as a substitute for, other measures of financial performance reported in accordance with GAAP.

    Total Operating Revenues

    Adjusting Items

    Adjusting items include revenues and costs we consider nonoperational in nature, such as items arising from asset acquisitions or dispositions. We also adjust for net actuarial gains or losses associated with our pension and postemployment benefit plans due to the often significant impact on our fourth-quarter results (we immediately recognize this gain or loss in the income statement, pursuant to our accounting policy for the recognition of actuarial gains and losses.) Consequently, our adjusted results reflect an expected return on plan assets rather than the actual return on plan assets, as included in the GAAP measure of income.

    The tax impact of adjusting items is calculated using the effective tax rate during the quarter except for adjustments that, given their magnitude can drive a change in the effective tax rate, reflect the actual tax expense or combined marginal rate of approximately 38%. Certain foreign operations with losses, where such losses are not realizable for tax purposes, are not tax effected, resulting in no tax impact for Venezuela devaluation. For years prior to 2017, adjustments related to Mexico operations were taxed at the 30% marginal rate for Mexico.

    Adjusted Operating Income, Adjusted Operating Income Margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA service margin and Adjusted diluted EPS are non-GAAP financial measures calculated by excluding from operating revenues, operating expenses and income tax expense certain significant items that are non-operational or non-recurring in nature, including dispositions and merger integration and transaction costs. Management believes that these measures provide relevant and useful information to investors and other users of our financial data in evaluating the effectiveness of our operations and underlying business trends.

    Adjusted Operating Revenues, Adjusted Operating Income, Adjusted Operating Income Margin, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EBITDA service margin and Adjusted diluted EPS should be considered in addition to, but not as a substitute for, other measures of financial performance reported in accordance with GAAP. AT&Ts calculation of Adjusted items, as presented, may differ from similarly titled measures reported by other companies.

    Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted EBITDA Service Margin

    with Dilution (000,000)

    Net Debt to Adjusted EBITDA

    Net Debt to EBITDA ratios are non-GAAP financial measures frequently used by investors and credit rating agencies and management believes these measures provide relevant and useful information to investors and other users of our financial data. The Net Debt to Adjusted EBITDA ratio is calculated by dividing the Net Debt by Annualized Adjusted EBITDA. Net Debt is calculated by subtracting cash and cash equivalents and certificates of deposit and time deposits that are greater than 90 days, from the sum of debt maturing within one year and long-term debt. Annualized Adjusted EBITDA is calculated by annualizing the year-to-date Adjusted EBITDA.

    Mar. 31,

    Jun. 30,

    Supplemental Operational Measures

    We provide a supplemental discussion of our domestic wireless operations that is calculated by combining our Consumer Mobility and Business Solutions segments, and then adjusting to remove non-wireless operations. The following table presents a reconciliation of our supplemental AT&T Mobility results.

    ConsumerMobility

    BusinessSolutions

    AT&TMobility

    ConsumerMobility

    BusinessSolutions

    AT&TMobility

    ConsumerMobility

    BusinessSolutions

    AT&TMobility

    ConsumerMobility

    BusinessSolutions

    AT&TMobility

    Supplemental International

    We provide a supplemental presentation of the Latin America and Mexico Wireless operations within our International segment. The following table presents a reconciliation of our International segment.

    Latin America

    View source version on businesswire.com: http://www.businesswire.com/news/home/20170725006428/en/

    Go here to read the rest:
    AT&T Reports Second-Quarter Results - finance.yahoo.com

    ANC: Heating Plant, K St. Bike Lanes, Community Updates – Georgetowner - September 1, 2017 by Mr HomeBuilder

    The Georgetown-Burleith-Hillandale Advisory Neighborhood Commission (ANC 2E) will hold its September meeting, Wednesday, Sept. 6, 6:30 p.m. at Georgetown Visitation Preparatory School, 35th Street and Volta Place NW, in the Heritage Room on the second floor of the main building. The following is the agenda, as provided by ANC 2E.

    Approval of the Agenda

    Approval of the ANCs September 6, 2017, Public Meeting Agenda

    Approval of the ANCs August 9, 2017, Special Meeting Minutes

    Administrative Public Safety and Police Report Financial Report Approval of the ANCs FY 2018 Budget

    Community Commendation

    Community Commendation for Metropolitan Police Department Officer Antonial Atkins

    Community Comment

    Update from the Mayors Office

    Announcement Regarding D.C.s Commercial Waste Compactor Grant Program

    Update from Council member Jack Evanss Office

    Update from the Citizens Association of Georgetown

    Update from the Georgetown Business Improvement District

    Update from the Georgetown Business Association

    Announcement Regarding the InterFaith Conference of Metropolitan Washingtons Upcoming Unity Walk on Sunday, September 10

    Announcement of Community Meeting Regarding the District Department of Transportations Francis Scott Key Bridge Architectural Lighting Project on Wednesday, September 27

    Announcement Regarding D.C.s LED Streetlight Conversion Project

    Announcement Regarding Possible Gas Emanating from Treeboxes in Georgetown

    Behind the Table: New Georgetown University On-Campus Dining Options

    New Business

    Notice of Intent Regarding the District Department of Transportations Installation of Protected Bicycle Lanes on K Street and Water Street NW and Bicycle Lanes on Wisconsin Avenue NW (DDOT Notice #17-67- PSD)

    Discussion Regarding DC Council Bill B22-0092 the Short-term Rental Regulation and Affordable Housing Protection Act of 2017

    Special Event Application for the American Diabetes Associations Tour de Cure on Saturday, September 23

    Outdoor Music Permit Application for Long & Fosters Family Fun Day in Rose Park on Saturday, September 16

    Resolution Regarding the Reinstatement of the Metrobus D6 Bus Stop at the Intersection of 35th Street and Reservoir Road NW

    Resolution Requesting the Installation of a Sidewalk on the North Side of the 3900 Block of Reservoir Road NW

    Alcoholic Beverage Control Board

    ZoningApplication by Caf Divan for a Substantial Change to the Establishments Retailers Class C Restaurant License at 1834 Wisconsin Avenue NW to Add a Sidewalk Caf Endorsement (ABRA-060603)

    Resolution Regarding Georgetown Universitys Proposed Amendment to their Campus Plan to Allow the Green House at 1233 37th Street NW to be Used for Academic/Administrative Purposes

    Commission of Fine Arts

    Private Projects1. SMD 2E05 OG 17-146 (HPA 17-263) 1051 29th Street, NW (Square 1193, Lot 800-804, 45, 46) Multi-family residence New building, site work Concept

    Old Georgetown Board

    Private Projects1. SMD 2E02 OG 17-333 (HPA 17-562) 1693 34th Street, NW (Square 1295, Lot 842) Residence Alterations to Paving at Swimming Pool, Replacement of Paving and Pergola at Rooftop DeckConcept

    2. SMD 2E02 OG 17-291 (HPA 17-506) 3419 Q Street, NW (Square 1277, Lot 812) Residence Window Replacement on Front and Rear Elevations, Door Replacement on Rear Elevation Concept

    3. SMD 2E02 OG 17-316 (HPA 17-544) 3241 R Street, NW (Square 2154, Lot 20) Residence Rear Addition, Site Work, Installation of Pool & Pool House Concept

    4. SMD 2E02 OG 17-210 (HPA 17-351) 1601 Wisconsin Avenue, NW (Square 1280, Lot 1002) Commercial Signs Permit

    5. SMD 2E03 OG 17-340 (HPA 17-569) 1519 35th Street, NW (Square 1253, Lot 143) Residence Window Replacement at Basement Level Concept

    6. SMD 2E03 OG 17-226 (HPA 17-368) 3149 O Street, NW (Square 1256, Lot 71) Residence AlterationsConcept

    7. SMD 2E03 OG 17-277 (HPA 17-472) 3273 P Street, NW (Square 1255, Lot 809) Residence Alterations to Front and Rear Entrances, Creation of Parking Area with Gate Concept

    8. SMD 2E03 OG 17-320 (HPA 17-548) 1351 Wisconsin Avenue, NW (Square 1243, Lot 75) Mixed-use Installation of Signs Permit

    9. SMD 2E03 OG 17-345 (HPA 17-575) 1400-1404 Wisconsin Avenue, NW (Square 1244, Lot 857-876) Mixed-use Rear Addition, Alterations, Demolition Permit

    10. SMD 2E05 OG 17-276 (HPA 17-471) 1022 29th Street, NW (Square 1192, Lot 72) Residence Addition Concept

    11. SMD 2E05 OG 17-317 (HPA 17-545) 1051 29th Street, NW (Square 1193, Lot 45, 46, 800-804) Multi-family residence New Building, Site Work Concept

    12. SMD 2E05 OG 17-336 (HPA 17-565) 1032-1034 33rd Street, NW (Square 1184, Lot 833,832) Mixed-Use Rear Addition, Alterations Concept

    13. SMD 2E05 OG 17-288 (HPA 17-494) 3040 M Street, NW (Square 1198, Lot 74) Commercial Installation of Wall Mounted Sign and Awning Permit

    14. SMD 2E05 OG 17-313 (HPA 17-541) 3222 M Street, NW (Square 1200, Lot 868) Commercial Storefront, canopy, windowsConcept

    15. SMD 2E05 OG 17-318 (HPA 17-546) 3222 M Street, NW (Square 1200, Lot 154) Commercial Banner signsPermit

    16. SMD 2E05 OG 17-322 (HPA 17-550) 3100 South Street, NW (Square 1189, Lot 88) Commercial AdditionConcept

    17. SMD 2E05 OG 17-294 (HPA 17-519) 3530 Water Street, NW (Square 1179, Lot 1) Boat Club Replacement of Metal RoofPermit

    18. SMD 2E05 OG 17-319 (HPA 17-577) 1044 Wisconsin Avenue, NW (Square 1188, Lot 120) Commercial Site alterations for patio deck, trash enclosure, and green space Permit

    19. SMD 2E05 OG 17-335 (HPA 17-564) 1206 Wisconsin Avenue, NW (Square 1207, Lot 114) Commercial Installation of Rooftop Deck Concept

    20. SMD 2E05 OG 17-245 (HPA 17-440) 1222 Wisconsin Avenue, NW (Square 1207, Lot 907) Commercial Signage and Awnings, Alterations Concept

    21. SMD 2E06 OG 17-307 (HPA 17-535) 1213 29th Street, NW (Square 1212, Lot 833) Residence Window replacementPermit

    22. SMD 2E06 OG 17-297 (HPA 17-523) 1402 30th Street, NW (Square 1257, Lot 848) Residence Replacement of Garage Door with Carriage Doors Permit

    23. SMD 2E06 OG 17-344 (HPA 17-573) 1404 30th Street, NW (Square 1257, Lot 852) Residence Window ReplacementPermit

    24. SMD 2E06 OG 17-303 (HPA 17-550) 2805 M Street, NW (Square 1212, Lot 802) Commercial Sign Bibibop- existing alterations without review Permit

    25. SMD 2E06 OG 17-309 (HPA 17-537) 3021 O Street, NW (Square 1257, Lot 220) Residence AdditionPermit

    26. SMD 2E06 OG 17-278 (HPA 17-473) 3030 Q Street, NW (Square 1269, Lot 359) Residence Alterations to Front Walkway, Lighting, Alterations, Rear Deck Permit

    27. SMD 2E06 OG 17-308 (HPA 17-536) 3034 Q Street, NW (Square 1269, Lot 302) Residence Window Replacement on Front Elevation Permit

    28. SMD 2E06 OG 17-306 (HPA 17-534) 3042 Q Street, NW (Square 1269, Lot 971) Residence Window replacementPermit

    29. SMD 2E06 OG 17-328 (HPA 17-558) 2712 Dumbarton Street, NW (Square 1236, Lot 163) Institution New brick patio Concept

    30. SMD 2E06 OG 17-311 (HPA 17-539) 2800 Dumbarton Street, NW (Square 1235, Lot 826) Residence Window replacement Permit

    31. SMD 2E07 OG 17-295 (HPA 17-520) 2449 P Street, NW (Square 1264E, Lot 7) Residence Rear additionPermit

    No Review at This Time by ANC 2E: The following additional projects, which are on the upcoming September 7, 2017, agenda of the Old Georgetown Board (OGB), have not been added to the ANC meeting agenda for OGB-related design review and we do not propose to adopt a resolution on them at this time. If there are concerns about any of these projects, please contact the ANC office by Monday, September 4, 2017.

    Private Projects

    1. SMD 2E01 OG 17-343 (HPA 17-572) 3700 O Street, NW (Square 1321, Lot 833) Georgetown UniversityMedical & Dental Building Gutter and Downspout Replacement Permit

    2. SMD 2E02 OG 17-304 (HPA 17-532) 1618 34th Street, NW (Square 1277, Lot 202) Residence Window and door replacementPermit

    3. SMD 2E02 OG 17-299 (HPA 17-526) 1524 35th Street, NW (Square 1292, Lot 202) Georgetown Visitation Preparatory School Additions, Demolition Permit

    4. SMD 2E02 OG 17-242 (HPA 17-435) 1667 35th Street, NW (Square 1294, Lot 42) Residence Electric light fixtures replaced with gas fixtures Concept

    5. SMD 2E02 OG 17-312 (HPA 17-540) 3229 R Street, NW (Square 2154, Lot 52) Residence Roof replacementPermit

    6. SMD 2E02 OG 17-272 (HPA 17-467) 3259 R Street, NW (Square 2154, Lot 47) Residence Two Story Rear Addition, Alterations, Site Work Concept

    7. SMD 2E02 OG 17-165 (HPA 17-282) 3336 Reservoir Road, NW (Square 1290, Lot 278) Residence Rooftop addition Concept

    8. SMD 2E02 OG 17-237 (HPA 17-379) 3520 Reservoir Road, NW (Square 1292, Lot 807) Residence Deck replacement Permit

    9. SMD 2E02 OG 17-301 (HPA 17-528) 1723 Wisconsin Avenue, NW (Square 2154, Lot 42) Mixed-use Relocation of rooftop equipment Permit Revision Revised permit

    10. SMD 2E02 OG 17-251 (HPA 17-446) 1728 Wisconsin Avenue, NW (Square 1298, Lot 289) Mixed-use Rear and rooftop addition, Demolition, Alterations Permit

    11. SMD 2E03 OG 17-296 (HPA 17-522) 1524 32nd Street, NW (Square 1271, Lot 24) Residence Light fixturePermit

    12. SMD 2E03 OG 17-329 (HPA 17-561) 3257 N Street, NW (Square 1230, Lot 817) Residence Garage Door Reconfiguration, HVAC Relocation Permit

    13. SMD 2E03 OG 17-330 (HPA 17-559) 3257 N Street, NW (Square 1230, Lot 817) Residence AlterationsPermit

    14. SMD 2E03 OG 17-289 (HPA 17-501) 3319 N Street, NW (Square 1229, Lot 130) Residence Window Replacement on Rear Elevation Permit

    15. SMD 2E03 OG 17-339 (HPA 17-568) 3401 N Street, NW (Square 1228, Lot 832) Residence Rear Addition, Alterations, Window/Door Replacement Permit

    16. SMD 2E03 OG 17-246 (HPA 17-441) 3232 O Street, NW (Square 1231, Lot 811) Residence Rear Addition, AlterationsConcept

    17. SMD 2E03 OG 17-342 (HPA 17-571) 3267 P Street, NW (Square 1255, Lot 867) Residence Pool house alterationsPermit

    18. SMD 2E03 OG 17-255 (HPA 17-450) 3317 P Street, NW (Square 1254, Lot 207) Residence Rear additionConcept

    19. SMD 2E03 OG 17-266 (HPA 17-461) 3220 Volta Place, NW (Square 1255, Lot 873) Residence Rear Addition Connecting Main House to Garage Concept

    20. SMD 2E03 OG 17-323 (HPA 17-551) 1365 Wisconsin Avenue, NW (Square 1243, Lot 817) Commercial Installation of Cellular Antennas on Roof with Screening for Verizon Wireless, Permit

    21. SMD 2E03 OG 17-327 (HPA 17-557) 1530 Wisconsin Avenue, NW (Square 1255, Lot 0219) Commercial Window alteration and replacement Permit Revision Revised permit

    22. SMD 2E04 OG 17-293 (HPA 17-518) 3700 O Street, NW (Square 1321, Lot 833) Georgetown University Leavey Center Antenna and related equipment replacement on roof Permit

    23. SMD 2E05 OG 17-298 (HPA 17-525) 1220-1236 31st Street, NW (Square 1208, Lot 864) Residence Slate roof replacement, skylight replacement, gutter and downspout replacement, tuck- pointing Permit

    24. SMD 2E05 OG 17-314 (HPA 17-542) 2900 K Street, NW (Square 1171, Lot 814) House of Sweden Bollards in public spacePermit

    25. SMD 2E05 OG 17-326 (HPA 17-555) 3104 M Street, NW (Square 1199, Lot 62) Commercial Window Replacement in Storefront Bays Permit

    26. SMD 2E05 OG 17-290 (HPA 17-504) 3223 M Street, NW (Square 1207, Lot 109) Commercial Interior Alterations, Window and Door Replacement Permit

    27. SMD 2E05 OG 17-302 (HPA 17-529) 3239 M Street, NW (Square 1207, Lot 97) Commercial Installation of Wall Mounted SignPermit

    28. SMD 2E05 OG 17-324 (HPA 17-552) 3255 M Street, NW (Square 1207, Lot 893) Commercial Installation of Wall Mounted Sign, Replacement of Doors Permit

    29. SMD 2E05 OG 17-309 (HPA 17-533) 3347 M Street, NW (Square 1205, Lot 810) Commercial Signage, Alteration to Entrance for ADA Permit

    30. SMD 2E06 OGB 17-331 (HPA 17-560) 3044 N Street, NW (Square 1209, Lot 29) Residence Addition, Green roofPermit

    31. SMD 2E07 OG 17-300 (HPA 17-527) 1525 28th Street, NW (Square 1266, Lot 306) Residence Alterations to Roof of GarageConcept

    32. SMD 2E07 OG 17-292 (HPA 17-511) 1607 31st Street, NW (Square 1282, Lot 9) Residence Site Work Permit revisionPermit

    33. SMD 2E07 OG 17-268 (HPA 17-463) 2457 P Street, NW (Square 1264E, Lot 852) Residence Alterations to Rear Fenestration, Installation of Roof Deck, Alterations Concept

    34. SMD 2E07 OG 17-248 (HPA 17-443) 2525 P Street, NW (Square 1264, Lot 813) Residence Replacement of Garage Door and Entry Gate Permit

    35. SMD 2E07 OG 17-337 (HPA 17-566) 2511 Q Street, NW (Square 1264E, Lot 22) Multi-family residence Alterations to Windows, Concept

    Continue reading here:
    ANC: Heating Plant, K St. Bike Lanes, Community Updates - Georgetowner

    Top prospect Sisco, slugger lvarez in first wave of Orioles’ September call-ups – Baltimore Sun (blog) - September 1, 2017 by Mr HomeBuilder

    Catcher Chance Sisco, the consensus top prospect in the Orioles minor league system, will be called up Friday in the first wave of additions during roster expansion, according to an industry source.

    Sisco, 22, will travel north from Triple-A Norfolk with designated hitter Pedro lvarez, outfielder Joey Rickard and reliever Jimmy Yacabonis.

    A second-round draft pick in 2013, Sisco batted .267 with a .736 OPS and 30 extra-base hits for the Tides. The team saw improvements in his defense under the tutelage of bench coach John Russell this year in spring training, though his fielding still lags far behind his advanced bat.

    The Orioles are getting a jump on adding Sisco to the 40-man roster now, as he requires protection from this December's Rule 5 draft anyway.

    lvarez, who hit 22 home runs with an .826 OPS for the Orioles a season ago, entered Thursday batting .239 with a .734 OPS and 26 home runs for the Tides this year. He no longer plays the outfield, as he signed a minor league contract during spring training to do, but will provide a dangerous left-handed bench bat against right-handed pitching for the heavily right-handed Orioles.

    Rickard was batting .254 with a .656 OPS while playing elite defense for the Orioles before he was sent down to make room for Rule 5 outfielder Anthony Santander earlier this month. Santander has played just three games.

    Yacabonis has a 6.75 ERA in four major league appearances this year, though he's been outstanding for Triple-A Norfolk, posting a 1.32 ERA in 41 games.

    The Orioles have been operating with a six-man bullpen this week. In addition to having starter Chris Tillman warm up in the eighth inning to potentially pitch the ninth despite being scheduled to start Sunday, Wade Miley has also been in the bullpen this year for cover.

    However, Yacabonis is the only reliever coming to Baltimore at this time for reinforcement. The team will make further additions after the minor league season ends on Sept. 4, but already need to create two 40-man roster spots to add Sisco, lvarez and the returning J.J. Hardy off the 60-day disabled list and could face a crunch to find more space.

    The Virginian-Pilot first reported the call-ups of Sisco, lvarez and Rickard.

    jmeoli@baltsun.com

    twitter.com/JonMeoli

    Read more:
    Top prospect Sisco, slugger lvarez in first wave of Orioles' September call-ups - Baltimore Sun (blog)

    Designers Are Telling A Building’s Story With Adaptive Reuse – Bisnow - September 1, 2017 by Mr HomeBuilder

    Bisnow
    Designers Are Telling A Building's Story With Adaptive Reuse
    Bisnow
    There will be a "winter garden" mixing zone so visitors can remain on the second floor while retaining a sense of interconnectivity. Willis' retail renovations are ... To that end, Moore said Willis' new retail additions must be compelling. With retail ...

    Originally posted here:
    Designers Are Telling A Building's Story With Adaptive Reuse - Bisnow

    King George property is 10-acre homestead – Fredericksburg.com - September 1, 2017 by Mr HomeBuilder

    Whether you know it as the Jeter Mansion, or as Parsonage Hill, the name bestowed by its current owners, 4504 Caledon Road in King George County is something of a local landmark with turn-of-the-century roots.

    Its unclear who built the house, but its best-known early resident, starting in about 1914, was Guy Jeter. He ran a sawmill said to be located where the U.S. Post Office in King George Courthouse now stands.

    Current owners Pam and Larry Hicks found the property to be the ideal place to raise children and host family celebrations and other large gatherings. There are several outbuildings, including a 10-stall horse stable and a self-sufficient guesthouse.

    But for seasonal fun, Pam Hicks points out, nothing beats the swimming pool for summer and the perfect hill for front yard sledding when winter brings snow. There is plenty to take in here, but the 9.5-acre lot with gently rolling terrain provides space for it all.

    Now that the older kids are moving out on their own, the couple is looking to consolidate life in a home they own elsewhere. Theyve listed Parsonage Hill with Janny Sims of Long & Foster Real Estate in Fredericksburg. The asking price is $799,900.

    The property is about 20 minutes east of Fredericksburg, 20 minutes west of Dahlgren and about 10 minutes west of Caledon State Park.

    With expanded living space and features that recall its 1896 origins, the manor home easily qualifies as unique. The main house alone has five bedrooms and three full bathrooms with about 4,000 square feet of finished living space.

    Visitors know immediately why the place became so well known locally. The asphalt drive entry is flanked by stone pillars from which waist-high stone walls extend. Straight ahead is the main house, with its striking two-story porch, large Doric-style columns and wraparound porch.

    Whether the columns are original to the house is uncertain, but they are not new or prefabricated, given their rounded wood construction. The house is said to have received additions in the 1940s and the 1980s, when some updating to the original structure was probably done.

    The main entry is flanked by bow windows. Once inside, the room to see first is a small parlor. The tiny room, as Pam Hicks calls it, has been used as a gallery for her artwork but it could also serve as a den or the right spot to enjoy a good book.

    To the left of the foyer is the comfortable family room. Its an example of how the Hickses have spruced up the entire house, which, in the family room, meant painting over dark red trim and cabinetry with antique white.

    The idea was to keep the old feeling but to brighten it up, Pam Hicks said. It helps that there are so many windows, both to bring in natural light and provide views of the surrounding greenery outside.

    Behind the family room in a portion of the house that was added, is the large and updated eat-in kitchen. The 2015 kitchen facelift included fresh paint and all new appliances. The kitchen flows into the tile-floored sunroom, which has plenty of space for a table and chairs for most meals. Barstools pull up to a kitchen counter.

    The sunroom overlooks the huge brick patio, which offers plenty of comfortable seating thanks to ample covered areas.

    To the left of the main entry, through french doors with panes of old leaded glass, is the original formal dining room. Though it is away somewhat from the kitchen in the addition, it remains appointed with formal furnishings and is used for big, special-occasion meals.

    The dining room has a fireplace with an impressive carved mantel thought to have been salvaged from another older home. It is one of the homes three fireplaces, each of which has a wood stove insert. Two of the three are deemed safe to use.

    Next to the dining room is a game room that might also be a good spot for getting homework done. Behind the dining room is a room Pam Hicks believes was the homes first indoor kitchen. These days the space serves well as a home office or as overflow guest quarters.

    One feature worth noting is the original oak hardwood flooring across most of the main level. It looks great and bears some burn marks and the patina that comes with age.

    Another feature is the abundant closet and storage space often lacking in older homes. Also, the bulls-eye rosettes on the corners of window and door frames are typical of turn-of-century design.

    The second floor, which has received all new carpeting, is home to four bedrooms. In the upper level of an addition is the remarkably spacious master suite. A hallway flanked with closets that leads to an area with space for a small refrigerator and on to the master bath.

    The tile floor mimics the panes of the sliding silk screen panels that serve as doors and room dividers. Pam Hicks said the panels were part of an Asian motif used by a previous owner.

    The master bath is well-equipped with a dual vanity, jetted tub and separate shower. Grid-free picture windows welcome light and offer panoramic views.

    Each of the three secondary bedrooms has its own personality, particularly the step-down one that makes for a cozy and isolated space. The secondary bedrooms share a full bath.

    A tour of the grounds and outbuildings is a must. The 10-stall stable has water and electric service. The stables rear doors frame the old hay barn a short distance away. Both structures are believed to date to around 1900, shortly after the main house was built.

    Nearby is a work shed with an incorporated greenhouse. From there its a few steps to the pool and guesthouse. The Hickses added a boardwalk path that leads directly from the parking area to the guesthouse, which has a small kitchen, living room, full bathroom and loft. It also serves as the pool housean air-conditioned respite from poolside sun and heat.

    A small shed that could become a childs playhouse is also nearby, and like most of the other structures has a green, standing-seam metal roof.

    The grounds have many trees, including hardwoods, hollies, magnolias and others. Pam Hicks said the trees and shrubs make for a holiday decorators paradise.

    The main house has an attached, two-car garage and an unfinished stone cellar that holds the utilities and is suitable for storage.

    Theres a new water purification system, and an emergency generator that activates automatically and handles 90 percent of the homes electrical needs. The beaded wood siding is freshly painted.

    Weve loved living in the house on the hill, said Pam Hicks, and that is making hard to give up. Its tugging at our heartstrings, but its time to move on.

    The rest is here:
    King George property is 10-acre homestead - Fredericksburg.com

    $900000 Homes in Colorado, Pennsylvania and Vermont – New York Times - September 1, 2017 by Mr HomeBuilder

    TAXES $3,980 a year

    CONTACT Peter Blank, Liv Sothebys International Realty/Mile Hi Modern, 720-849-1956; milehimodern.com

    WHAT A 1907 house with four bedrooms and three and a half bathrooms

    HOW MUCH $895,000

    SIZE 4,550 square feet

    PRICE PER SQUARE FOOT $197

    SETTING This house is in the leafy Chestnut Hill neighborhood, just a couple of blocks away from Wissahickon Valley Park, which has more than 50 miles of trails for hiking, mountain biking and horseback riding. Stores and restaurants line Germantown Avenue, about a half mile away. It is about 11 miles to Center City.

    INDOORS This brick house was designed by the architect H. Louis Duhring in 1907, published by House Beautiful magazine in 1910, and is currently owned by Witold Rybczynski, a prominent writer on architecture and design, and his wife. The three-story house retains many early details, including pine floors, exposed beams and distinctive divided-light windows. Exterior steps lead to the front door, which opens into a large foyer with a staircase. To one side is the living room, which has a muscular stone fireplace and French doors leading out to a sunroom. To the other side is a dining room with another stone fireplace. At the back of the house is a simple kitchen with granite and wood counters, stainless steel appliances and a door leading to a stone patio, as well as a separate breakfast room.

    The master bedroom is on the second floor, and has a fireplace and a dressing room. There is another bedroom, a study and a family room on this level, as well as two bathrooms off a hallway. On the third floor, there are two more bedrooms and a bathroom with a claw foot tub.

    OUTDOOR SPACE The sloped 0.38-acre lot has gardens, trees, lawn and stone walls with ferns and rhododendrons. There is a large stone patio along the back of the house, and a shed. An unfinished walkout basement provides storage space and an area for laundry.

    TAXES $8,824 a year

    CONTACT Jeff Block, Berkshire Hathaway Fox & Roach Realtors/City Block Team, 215-833-7088; cityblockteam.com

    WHAT A 1935 house with three bedrooms and two bathrooms

    HOW MUCH $895,000

    SIZE 1,622 square feet

    PRICE PER SQUARE FOOT $552

    SETTING This house is on Lake Champlain and has views across the water to the Adirondacks in New York. The Basin Harbor resort and boat club is about two miles south. The small city of Vergennes has stores and restaurants about eight miles away; the larger city of Burlington is about 30 miles away.

    INDOORS This one-story cottage was renovated in 2009. The front door opens into a small mudroom that leads to the living room, which has a stone wood-burning fireplace, V-groove paneling on the walls and ceiling, and painted floors. French doors and windows open to a long enclosed porch with ceiling fans and more glass doors and windows that open to a deck shaded by trees. Two doorways connect the living room to the kitchen, where there are quartz counters, a farmhouse-style sink, tiled walls, Sub-Zero and GE stainless steel appliances, and a dining area.

    The master bedroom has a sloped ceiling, sisal carpet and feature walls clad in wood. It connects to a bathroom that has a double vanity with a Corian top, a walk-in shower tiled in stone and a door leading to an outdoor shower. One of the other two bedrooms has a loft with a timber railing and knotty-pine ceiling.

    OUTDOOR SPACE The 3.7-acre lot has a detached one-car garage near the road, with stone steps leading down to the house by a stone retaining wall. At the waters edge, there is a two-story boat house with a screened sitting room on the top level and storage space below. Stairs lead down to a dock that provides direct access to the lake.

    TAXES $10,779 a year

    CONTACT Wade Weathers, LandVest, 802-238-6362; landvest.com

    Continued here:
    $900000 Homes in Colorado, Pennsylvania and Vermont - New York Times

    Snap does not look attractive to analysts despite recent stock run-up – MarketWatch - September 1, 2017 by Mr HomeBuilder

    Shares of Snap Inc. were down 1.4% Thursday, as analysts took a downbeat tone on the stock, encouraging investors not to buy shares.

    Even though Snap SNAP, -3.42% shares have been on an uptick recently, James Cakmak, an analyst at Monness, Crespi, Hardt who recently downgraded Snap to neutral from a rare buy rating, said there havent been any improvements to the companys fundamentals. To that end, Wedbush analysts initiated the stock at neutral Thursday, citing a slew of issues facing the company including decelerating growth, competition and its lack of profitability.

    Shares of Snap have gained 7.6% in the past month, while the S&P 500 SPX, +0.18% has remained relatively flat. This is a marked change from Snaps past trajectory, with shares falling 30% in the past three months, while the S&P 500 has gained 2.4%.

    In a note entitled Dont jump on the bandwagon because of the recently rally and some favorable PR, Cakmak attributes the stock run-up to favorable press, related to Snaps launch of its first daily news show through NBC and bullish stances on Snaps new mapping feature, as well as declining short interest. He sees short interest in the stock down to 14% from around 30% before the beginning of the quarter.

    Read also: Analyst initiates three social media stocks and guess which one is a sell

    Even with its content pushes, Cakmak does not think Snap is doing enough to combat Facebooks own video attempts, given its launch of video platform Facebook Watch, which is also partnering with major media platforms. Instead, he sees Snap as more concentrated on the camera, rather than content to fill the platform.

    We dont believe the priorities are aligned with building out the content platform at the pace needed to combat Facebook (FB/Neutral), and in turn, generate upside in monetization, Cakmak wrote.

    Facebook Inc. FB, +0.01% remains a large threat for Snap, not just in terms of content but in terms of its user base. Snap last reported 173 million daily active users, below Facebooks 1.32 billion and notably below that of the 250 million for Facebooks Instagram Stories.

    The threat appears poised to grow larger, as Wedbush analysts noted that Snaps user growth is slowing, as daily active user net additions peaked in the second quarter of 2016 at 21 million, but dropped to 7 million in the most recent quarter.

    Even as Snap has been growing its revenue reaching $181.7 million in the first quarter, up from $149.6 million in the previous quarter that growth has not been enough to offset its large losses, say Wedbush analysts. Snap had a non-GAAP net loss of $854 million for the six-quarter period ended in the second quarter of 2017.

    They initiated the stock with a neutral rating and $12 price target.

    Cakmak had been a rare analyst with a buy rating on Snap, but downgraded the stock to neutral from buy on August 11, saying that Snap had a unique advantage with its growth in average revenue per user and appeared to have a pulse on mobile content. However, the downgrade was also based on what he sees is the wrong focus of the platform as well as the companys self-service ad platform, which could help out later on but is still in its early stages.

    The average FactSet rating on Snap is hold, with a price target of $15.05.

    View original post here:
    Snap does not look attractive to analysts despite recent stock run-up - MarketWatch

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