oahu

Obama's Vacation Bad News For Small Planes In Hawaii

Filed under: Wings

President Obama's first vacation in Hawaii as President may be good news for Hawaii's struggling tourism industry but according to Aero-News Network it's a big headache for those operating small planes in the area. A Presidential Temporary Flight Restriction (TFR) in place for most of Oahu will restrict most of the general aviation in the area during the Christmas holidays. The TFR does not affect regularly scheduled commercial passenger and all-cargo carriers operating under TSA-approved standard security programs and procedures. Flights that can't take place include training flights, practice instrument approaches, aerobatic flight, glider operations, parachute operations, ultralight, hang gliding, balloon operations, agriculture/crop dusting, animal population control flight operations, banner towing operations, sightseeing operations, model aircraft operations, model rocketry, and unmanned aircraft systems.

Pilots and aircraft operators in the area are said to be outraged by the restrictions. The restrictions are based on the ones used to protect President Bush while at his Crawford, Texas ranch but the area being covered is much different. Many pilots feel that their having their wings clipped because of a Presidential vacation is unfair. In the article a seaplane tour operator said that he was forced to but his business on hold for two weeks because of the TFR. For small businesses taking off these two busy weeks surrounding Christmas can be devastating.

Source

Tags: aviation, hawaii, oahu, obama, travel

Sunday Real Estate Round-Up

by Deidre Woollard (RSS feed) —

Filed under: Estates

From the NY TImes Bg Deal:
-- Earl Simmons, the rap performer and actor known as DMX, paid $750,000 in cash to buy a vacant 18-foot-wide brownstone in Harlem in 2001 and he is now putting it on the market for $1.9 million. The rapper went through a series of struggles with the house including being sued by an electrician. The IRS also put liens on his properties and so DMX is definitely a motivated seller.
--Soprano Anna Moffo's apartment has sold for $4.45 million.

From the NY Post's Gimme Shelter:
--Harry Belafonte's 17-room apartment was sold to philanthropist/entertainment heiress Abigail Disney and her husband, Pierre Hauser.
--Tory Kiam,son of the late Victor Kiam, the one-time owner of the New England Patriots haspaid $24 million for a five-bedroom place on Fifth Ave., Eve Weinstein, the ex-wife of Harvey Weinstein also recently bought into the same building for $10.4 million.
-- Twiggy is picking up a one bedroom in the Westmore for around $739,000.
--Looks like Ralph Lauren won't be buying East Hampton Point after all.
--Edgar Bronfman Jr. has found buyers for two of his three Amagansett properties, selling a five-bedroom home for $4.74 million and an adjacent vacant 1.2-acre for just over $3 million.

From the NY Observer's Manhattan Transfers:
--Blogging venture capitalist Fred Wilson is selling his 55-foot-wide townhouse which had an asking price of $37.5 million.
--Another story on Abigail Disney. She has sold her newly renovated townhouse on Central Park West at 85th Street to Coach C.O.O. and co-president Keith Monda for $15.5 million.
--John Sutter, publisher of downtown community newspapers The Villager, Gay City News and Downtown Express has sold his Tribeca loft for $7,355,000.

From Forbes Movers and Shakers:
--Westwood One founder Norman Pattiz has sold his Beverly Hills estate for just under $20 million.

From the LA Times Hot Property (all Hawaii issue):
--"Lost" actor Daniel Dae Kim has paid about $1.5 million for a home on Oahu.
--Cameron Diaz and singer Justin Timberlake have also bought a beachfront estate on Oahu for close to its $16.9-million asking price.
--David Geffen had two oceanfront lots for sale on Kahala Avenue in Honolulu one which was offered at $40 million and a smaller lot which was listed at $13.5 million. A computer company just purchased the larger site for $35 million.
--A home built on part of the former estate of Henry Kaiser, the steel magnate, is on the market at $20.5 million.
--Michelle Pfeiffer and David E. Kelley's Hawaii beachfront home is still on the market.
--Earlier this year,John Travolta and Kelly Preston sold their oceanfront Oahu home to model Kathy Ireland for about $3 million.
--A Oahu compound belonging to Maurice J. Sullivan, founder of the Foodland grocery stores is listed at $29 million. The listing is here.
--Rumor has it that Bill Gates is building on Oahu and already has purchased the site.

Tags: fred wilson, hawaii, justin timberlake, oahu, real estate