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Editorial Results (free)

1. Former Benchmark Hotel Declared Public Nuisance -

The site of the former Benchmark Hotel in Downtown Memphis has been declared a public nuisance by the Memphis and Shelby County Environmental Court.

The “tough” decision by Judge Larry Potter was made Thursday, Feb. 1, after several hours of legal wrangling by attorneys Danny Schaffzin – representing the Downtown Memphis Commission and a coalition of surrounding business owners including The Rendezvous’ John Vergos, and The Peabody hotel’s Marty Belz – and William Sessions, representing the building’s owners, MNR Hospitality.

2. Smaller Manufacturers Feel Device Tax -

Controversy continues to swirl around the new medical device excise tax that went into effect on Jan. 1.

The flat 2.3 percent tax is applied to every dollar of sales for medical device manufacturers, and for many small- to mid-sized companies the tax is crippling their ability to grow and invest much needed funds into other areas like research and development, sales and marketing, and hiring additional staff.

3. Neuvo Salon Files Permit For New East Memphis Location -

5158 Wheelis Drive
Memphis, TN 38117
Permit Amount: $712,367

Project Cost: $712,367
Permit Date: Applied May 2009
Completion: March 2010
Owner: Neuvo Salon
Tenant: Neuvo Salon
Contractor: Construction Solutions LLC
Architect: Thoda and Associates PLLC

4. Cazassa Crossing Sold Back to Bank -

The Cazassa Crossing apartment complex at 3539 Cazassa Road in Whitehaven has been sold back to the lender, New Jersey-based MFC Funding LLC, following a foreclosure. The bank on April 30 bought the 248-unit complex for $1.4 million on the courthouse steps in a substitute trustee’s deed.