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Tattered Cover Bookstores are Sold

March 26, 2015 Contributor

Joyce Meskis is selling the Tattered Cover Book Store after four decades. Len Vlahos and his wife, Kristen Gilligan will be senior management as of July 1, and after two years will gain controlling interest of the book store. Masks plans to retire and be available as a consultant. The financial terms of the deal are being kept confidential. Aldo Svaldi of the Denver Post writes;

"It was a confluence of circumstances," Meskis said. "They were ready to think about the world of bookselling as a part of their professional lives.  At my age, I have been thinking about what if this or that happens."

Tattered Cover operates four retail stores in the metro area: on East Colfax Avenue near East High School, in Lower Downtown, at Denver Union Station and one relocating to the Aspen Grove Shopping Center in Littleton.

Tattered Cover has three store locations licensed at Denver International Airport, with a fourth planned.

Meskis purchased  Tattered Cover in 1974, when it was a small, struggling shop in Denver's Cherry Creek North neighborhood.

Tattered Cover, known for a high level of customer service, managed to survive the expansion of the big-box booksellers, the shift to online book sales and the advent of digital books.

"It has always been tough," Meskis said. "It is a challenge every day of the week."

Tattered Cover gained an international reputation as a leading independent bookseller, and its stores have become Denver tourist destinations.

Meskis has brought thousands of authors to Denver over the years and is known as a vocal defender of freedom of speech, including fighting and winning a case 15 years ago that protected the privacy rights of book buyers.

"There has never been a greater opponent of censorship than Joyce Meskis," said Denver attorney Dan Recht, who represented her in a case in which the U.S. Drug Enforcement Agency attempted to get her to turn over sales records. "Joyce is a committed, staunch, unwavering First Amendment advocate and has been for her whole life."

Vlahos and Gilligan, a former Boulder resident, will relocate to Denver from Stamford, Conn., as part of the transition.

Vlahos is the executive director of the Book Industry Study Group, a national nonprofit that promotes innovation and shares best practices within the book-publishing industry. He spent 20 years at the American Booksellers Association, where he got to know Meskis, and was the group's chief operating officer when he left in 2011. He also is  author of the young-adult novel "The Scar Boys."

Gilligan spent a decade at the trade association, where she was director of meetings and events. Meskis is a past president of the group.

Stretching the sale out two years will give the new owners time to learn the business and get grounded in the community, Meskis said.

"She believes in the mission of making literature available to a community and the free flow of ideas," Vlahos said. "That drives her and the staff. It is almost like a higher calling."

Vlahos also described Meskis as "one of the smartest business people I know." He said he and his wife plan to build on what Meskis has created.

Meskis said her two daughters pursued other careers, ruling out a family transition. She also said she is coping with Parkinson's disease. While not an immediate impediment, the condition motivated her to plan ahead — something that, she said, is in her nature.

"I believe in the store, and I believe in it as a service to the community. And I want to see it continue in good hands," she said.

Once retired, Meskis said she plans to support the new owners as needed and read more books, adding people shouldn't be surprised if they see her hanging out among the towering shelves at one of the Tattered Cover stores.

"Who knows what the future may hold," she said.

Aldo Svaldi: 303-954-1410, [email protected] or twitter.com/aldosvaldi

 

In Blogs, Business, City Tags books, Denver, Meskis, Tattered Book Store
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Metro Denver Rent Triples U.S. Average

February 21, 2015 Contributor

As posted by Aldo Svaldi of The Denver Post _______________

A new year is bringing no relief to renters across the metro area, two separate reports show.

Metro Denver rents, including both homes and apartments, rose at triple the U.S. annual rate in January, according to a report Friday from Zillow.

The Zillow Rent Index for Denver showed a 10.2 percent jump in monthly rents to $1,827 between January and January 2014.

That was the third highest rent increase of 35 major metro area that Zillow tracks after San Francisco, up 14.9 percent, and nearby San Jose, up 13.4 percent.

"Since 2000, rents have grown roughly twice as fast as wages, and you don't have to be an economist to understand why that is hugely problematic," noted Stan Humphries, chief economist with Zillow.

Rising rents combined with flat incomes are making it much more difficult for renters, who represent a third of U.S. households, to save the money needed for down payments to buy a home.

"The rental market used to be and should remain a stepping-stone to homeownership. But given how widespread rental affordability problems have become, the rental market could be acting more like a barrier to buying," Humphries said.

A  report from Apartment List in San Francisco, which is more focused on apartments, also found Denver rent increases at triple the U.S. average in January.

Rents on two-bedroom apartments across metro Denver, not including Boulder, are up 9.5 percent on an annual basis versus a 2.9 percent gain for the U.S.

Centennial had the biggest rent increase of any suburb at 14.1 percent, which pushed the average two-bedroom rents there to $1,310 a month.

LoDo is the most expensive neighborhood with rents on a two-bedroom of $2,920 a month, double the city of Denver average.

Broomfield remained the most expensive suburban apartment market with an average rent on a two-bedroom of $1,480. But rental increases there were moderating — up only 2.2 percent on the year.

Aurora still had the cheapest apartments in the metro area at $850 a month, but rents rose 12.8 percent year-over-year, the fastest among the large cities in Apartment List's universe.

That was the fastest pace among the larger-population cities that Apartment List tracks. Rents continue to rise despite a robust supply of new apartments hitting the market. Many of those apartments, however, are being built on the high-end, which in itself could be pushing up rents.

Aldo Svaldi: 303-954-1410, [email protected] or twitter.com/aldosvald

In Blogs, Business, City, Lifestyle Tags Apartment List, apartments, Denver, Metro Denver, Rent, Rent index, rental affordability, rental market, Rising rents, Stan Humphries, U-S- households, Zillow
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Disputable Nutrition

August 14, 2014 Tammy Schaffer

Much has been made of the new nutrition requirements associated with the National School Lunch Program which has been in place for two years now. A search of stories and blog posts show musings and manifestos from parents and teachers who have seen pounds upon pounds of food thrown out by students who are required to take certain portions (fruits or vegetables) but won't eat it.  Some school officials have pointed to the problem as a source of extreme and unnecessary waste.

The underlying problem may be nutrition requirements so specific, that cafeteria kitchens can only meet them with bland, tasteless food results. Which, no matter how you slice it, does no good at all.

It's unclear whether that's the reason one Colorado school district is opting out of the national program, regardless of the financial incentive to participate.  Weeks before the start of the 2014-2015 school year, the Douglas County School District's board approved a decision to allow the districts nine high schools to drop out of the program. Students who qualify for free or reduced cost school lunches can still participate in the program, but the school district will not be reimbursed by the federal government.

The district's figures show that about 6 percent of their students qualify, and the loss in reimbursement would about to $167,000.

"We're prepared to absorb those costs," said Brent Craig, the district's director of nutrition services. "We're unique in that way. If I was managing a district with a higher number of free or reduced lunch students, I couldn't do it."

Delving deeper, the decision seems to be the result of examining what goes into meeting the NSLP requirements. In one case, the district's chef managed to get a variation of pizza to the recommended 350 calories, but only by replacing the natural cheese with modified food starch, yet it exceeded the maximum allowance of 480 mg sodium. Students didn't like the pizza, but another option, healthier than commercial pizza was well-liked. And that's what the school district would prefer investing their resources in, and ultimately feed to students.

To read more about this decision as well as the NSLP requirements, check out this story from the Denver Post or examine the Nutrition Standards.

 

 

In Featured Stories, Lifestyle, Region, State Tags Colorado, Denver, Education
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Business Insider Ranks Colorado #1

August 5, 2014 Nathan Meyer

With states finally starting to recover economically, Business Insider decided to take a look at the numbers and see just how each state has grown over the past few years.  The metrics used ranged from last years GDP growth, percentage of unemployed citizens, to international exports, housing prices and even auto sales.  ICOSA is proud to report that, according to Business Insider, Colorado is number 1 on the list. ICOSA-Media-header-twitter

Highest on the list and highest in altitude

The list credits Colorado's wide range of industries as well as a 3.8% growth in GDP and an added 66,000 jobs.  Colorado came in just ahead of Utah, Arizona, Texas and California.

To see how other states ranked, check out the full Business Insider list.

In Business, State Tags Business, Colorado, Denver, economic development, United States
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ICOSA Hosts City of Denver Community Planning and Development Workshop

July 31, 2014 Annette Perez

On July 30th, ICOSA played host to the City of Denver Community Planning and Development department and Urban Land Institute.  That morning a variety of city planners and volunteers spent their day at the ICOSA facilities touring the area and working on plans to revitalize the 40th station area.  The 1/2 mile area surrounding the station includes portions of the Swansea, Northeast Park Hill and Clayton neighborhoods. The evening event was open to public, and was attended by roughly 100 neighbors, community leaders and business owners.  The meeting's agenda focused on what the neighborhood could be like in 5,10 and 20 years and what type of housing, employment or neighborhood amenities could be implemented. The group also discussed how can the area can be improved with foot, bike and vehicle or bus routes and the positive and negative health impacts could be.

Screen Shot 2014-07-31 at 12.14.02 PM

 

Presenters discuss possibilities for the future of the area

The morning brainstorm sessions were the focus of the evening meeting, making residents aware of the possibilities in the area and gathering feedback on what the area residents would like to see happen.

The RTD's East Rail Line, otherwise known as the Eagle P3 Project will connect Downtown Denver to Denver International Airport and is scheduled to open in 2016.  In a report from TRD FasTracks, released for July-October 2014 the Eagle P3 project has added more than $954 million to the Colorado Economy.  Since groundbreaking, the Eagle P3 Project team's contractor, Denver Transit Partners, has also employed 4,800 employees.

Screen Shot 2014-07-31 at 12.10.57 PM

Presenting to the community about the proposed future

The next public meeting will be held at ICOSA (4100 Jackson Street) on Wednesday, August 13th from 6:00 - 8:00 p.m.  At this meeting it will focus on community design around the 40th and Colorado station. Discussion will include proposed land uses, connectivity, station access, building heights, storm water quality and other important considerations.

In 4Is, Business, City, Events, Information Tags Business, Colorado, Denver, Entrepreneur
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Things To Do In Denver This Weekend: Jewelry Show

June 13, 2014 Annette Perez

The International Gem and Jewelry Show will make its way back to Denver this weekend. Starting today, Friday, June 13 and ending on Sunday, June 15th the show hosts over 150 booths and worldwide vendors. The jewelry variety is in abundance from costume jewelry to beautiful diamonds and gemstones. The traveling show continues on to Santa Monica, Houston and Oaks, Pennsylvania.  The Denver Mart is located at 451 East 58th Avenue, Denver, 80216.

Show hours are:

Friday - 12:00p.m. – 6:00 p.m.

Saturday – 10:00 a.m. – 6:00 p.m.

Sunday – 11:00 a.m. – 5:00 p.m.

For more information on the show and to receive excellent coupon deals please visit, www.intergem.com. Children under 8 are not permitted.

The show is definitely a must see! If not you’ll have to wait until the September show for some wonderful jewelry.

Photo Credit: www.pouted.com

In Blogs, Lifestyle Tags Denver, jewelry, jewelry show, retail, wholesale
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Leading the Paleo Lifestyle

January 31, 2013 Keenan Brugh

Colorado's Will White has a fascinating new food service: Caveman Cafeteria. Based on the diet of paleolithic humans, the food on their menu predates the agricultural revolution.  Supporters of the "Paleo" lifestyle say it works better with the body's original design, increasing fitness and energy levels. Whether you're passionate about Crossfit, or simply don't react well to sugar, gluten, and other highly processed foods, Caveman Cafeteria's food is sure to surpass expectations. The food is popular, yet the food truck itself has been less than mobile, so he's raising funds through Kickstarter to consistently offer his menu. There are sweet rewards, so support the Kickstarter today!