Latest news with #NicholasBrooks
Yahoo
3 days ago
- Business
- Yahoo
Final restaurant at Regency Square Mall closes, raising questions about the mall's future
The last remaining restaurant inside Regency Square Mall will close its doors to customers on Sunday, June 1, according to what employees told Action News Jax. The closure of Tokyo Sakura leaves just one business still operating in the nearly 60-year-old shopping center: Rogers Jewelers. >>> STREAM ACTION NEWS JAX LIVE <<< Nicholas Brooks with Action News Jax visited the mall to find out what's next for the once-bustling space. A handful of loyal customers are still visiting the food court to grab one final meal at Tokyo Sakura. An employee confirmed that Sunday, June 1, will be the restaurant's last day of operations. Customers say they've been told the same. [DOWNLOAD: Free Action News Jax app for alerts as news breaks] One local family dining at the restaurant said they were also informed of the upcoming closure. 'It's the end of an era. I used to come here as a kid myself,' said customer Carey Polling. 'I want to say goodbye before the store shuts down,' added family member Nicholas Dobbins. 'When I came here last week. I come here a lot. The owner told me they were closing down. Someone bought the building,' said a customer named Brown. Read: 'It's like a wasteland': Regency Square Mall racks up $1.8 million fines, city pushes for sale The new owner, Blackwater Development, purchased Regency Square Mall for $19.1 million on April 9. The mall has struggled for years, facing millions of dollars in code violations and fines. Structural issues such as caved-in roofs, water damage, and mold have contributed to its deterioration. The only other tenant, Rogers Jewelers, declined to comment on its future inside the mall. Action News Jax reached out to Blackwater Development by phone and email, but has not yet received a response. 'It's really sad because this area is dying,' said customer Karen Stein. City Councilman Ken Amaro, who represents the area, has not been informed of any redevelopment plans. According to his spokesman, the new owner has not shared any plans with him. Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
Yahoo
25-05-2025
- Entertainment
- Yahoo
Jacksonville businesses see boost from Jazz Fest After Dark, despite concerns over new venue
Music lovers are filling The Elbow in downtown Jacksonville this weekend as the Jacksonville Jazz Festival continues into the night with its After Dark event. While the festival has drawn strong crowds, not everyone is thrilled with the event's new location. Action News Jax reporter Nicholas Brooks was downtown Saturday night and reported long lines at local businesses. He spoke with several business owners who said the festival has brought a noticeable increase in foot traffic and sales. 'Yesterday was profitable. Let's see how the rest of this weekend goes because last year was pretty freaking good,' said Julia Cordero, manager of The Circuit, a new business participating in the event. Cordero added that Friday night saw a steady stream of customers. 'We had a lot of people come in here. We had a couple bands playing.' Bands are set to perform at venues throughout The Elbow during the After Dark portion of the festival, offering a boost to nearby businesses. Related: See the full After Dark performance schedule Earlier in the day, music filled the air as the Jacksonville Jazz Festival kicked off from its new location at Tailgater's Lot in the city's Sports & Entertainment District. >>> STREAM ACTION NEWS JAX LIVE <<< [DOWNLOAD: Free Action News Jax app for alerts as news breaks] Despite the distance from the original downtown setup, some businesses farther from the main venue reported strong customer turnout. 'We had a steady flow of people coming in and out. It's also been a pretty good turnout as well,' said Nick Colston, an employee at That Bar at the Arena. Other local establishments echoed the sentiment, saying they typically see increased profits when events are held in town. However, not all attendees are pleased with the festival's relocation. The festival said the move was due to them expecting a larger crowd than Metropolitan Park can handle, and other previous venues being currently preoccupied with construction. Some longtime festivalgoers said they preferred previous downtown sites, citing convenience. 'I did like the other location a lot,' said Dolly Singleton. 'I love the location, but it's not the best location,' said William Steele. For those who haven't attended yet, Sunday is the last chance to enjoy this year's Jazz Fest. Related: Know before you go: 2025 Jacksonville Jazz Festival [SIGN UP: Action News Jax Daily Headlines Newsletter]
News.com.au
16-05-2025
- Business
- News.com.au
South Yarra: Five-car garage home that's an entertainer's paradise revs up buyers
A South Yarra house with a five-car garage is on the road to a $6.4m-$6.9m sale. The four-bedroom pad at 61 Tivoli Rd was built circa-1885 and renovated by its owners two years ago. Period features including leadlight windows, high ornate ceilings and an arched entrance hall have been retained at the double-fronted home. Marshall White Stonnington director Nicholas Brooks said one of the owners was an avid car collector and that other vehicle collectors have been attending inspections of the home, attracted by the amount of garage space that's something of a rarity in South Yarra. The abode's kitchen is fitted with Gaggenau appliances including a steam oven, integrated Liebherr fridge and freezer, two dishwashers, a marble island bench and combined butler's pantry and home office. The open-plan living and dining room leads to a paved outdoor terrace with a barbecue, solar-heated pool and large spa. Mr Brooks described the impressive set-up as much like a resort. 'The rear outdoor entertaining space is a big space with a beautiful built-in barbecue and pool,' he said. 'The first time I walked in, I could tell it was an entertainer's home and that all the guests would congregate there.' The residence also features a library and study with a marble fireplace and a main bedroom with its own marble fireplace, ensuite and built-in wardrobes. In the basement level, there's a home theatre, the fourth bedroom with wardrobes and an ensuite, a laundry with two drying cabinets and a wine display area. Other highlights include a video intercom, hydronic heating, underfloor heating, airconditioning, heated bathroom floors, indoor and outdoor speakers and a powder room. Mr Brooks said that Tivoli Rd was one of South Yarra's most sought-after streets. 'It's quiet street but with easy access to Chapel St,' he added. Expressions of interest close at 3pm on May 26.
Time of India
07-05-2025
- Business
- Time of India
US stocks nosedive after Fed keeps rates unchanged amid tariff uncertainty
US stock indexes saw a sharp decline after the Federal Reserve kept rates steady. Alphabet's shares significantly impacted Nasdaq. The Fed cited risks to inflation and unemployment goals. Traders anticipate a rate cut by July. Market awaits policy clues amidst trade tensions. Disney's stock rose, boosting the Dow. Trade discussions between the US and China are expected. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads U.S. stock indexes fell sharply following the Federal Reserve 's decision to hold rates steady, even as a steep decline in shares of Google-parent Alphabet weighed heavily on the Dow Jones was up 64.77 points or 0.16% to 40,893.77, down about 300 points from day's high, while the S&P 500 fell 20.73 points or 0.37% to 5,586.11, down about 30 points from peak, and the Nasdaq declined 155.13 points or 0.88% to 17,534.53, down over 100 points from the US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and unemployment goals in a likely reference to President Donald Trump's tariffsPolicymakers voted unanimously to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent, the Fed said in a are now roughly pricing in a rate cut by July, according to data compiled by LSEG, after a mixed-bag of earnings last week signaled a slowing U.S. economy and resilient labor from policymakers will be scrutinized for clues on how they plan to approach monetary policy easing this year, given the backdrop of President Donald Trump's criticism of the central bank and an uncertain trade environment."At the moment, the U.S. labor market is still strong and healthy... the Fed really has a lot of reasons to indicate that they are not likely to cut rates in the near term," said Nicholas Brooks, head of economic and investment research at ICG.A 6.4% fall in Alphabet's shares dragged on the tech-heavy Nasdaq, while the communication services sector weighed on the benchmark S&P 500.A report said iPhone-maker Apple was exploring the option of adding artificial-intelligence search options to its web browser, citing an executive. Apple's shares were trading at nearly two-week the flip side, a 10.5% jump in Walt Disney's stock after the streaming firm's quarterly results topped Street expectations boosted the three main indexes were higher in early morning trading, a day after Washington announced that representatives of the two countries would meet over the weekend in Switzerland for ice-breaker trade discussions following weeks of tit-for-tat tariffs between the United States and Trump administration has said potential deals with major trading partners are underway, but the markets are yet to see tangible results on that front."What markets really want to see is tariffs removed as quickly as possible on both sides... the longer this disruption and uncertainty continues, the more economic damage we'll see," Brooks said. Wall Street ended lower for the second straight session on Tuesday, but all three indexes have recouped declines logged since Trump's announcement of "Liberation Day" reciprocal tariffs on April dropped 2.2% as the ride-hailing company missed quarterly revenue expectations. CrowdStrike dropped 3.8%. The cybersecurity company reiterated its fiscal 2025 and 2026 forecasts and announced a plan to cut research firm Charles River Laboratories shot up 14.7% after it said it had reached an agreement with activist investor Elliott Investment Management and raised its 2025 earnings Networks fell 7% after its quarterly issues outnumbered decliners by a 1.92-to-1 ratio on the NYSE, and by a 1.24-to-1 ratio on the S&P 500 posted 11 new 52-week highs and eight new lows, while the Nasdaq Composite recorded 40 new highs and 66 new lows.
Yahoo
16-04-2025
- Business
- Yahoo
JIA clears runway for growth with new parking garage and terminal expansion construction approved
The Jacksonville International Airport has received approval to move forward with a garage expansion that will add over 2,000 additional parking spaces. The Jacksonville Aviation Authority told Action News Jax Nicholas Brooks this is in response to rapid growth at the airport. JIA saw an all-time high of 7.6 million passengers in 2024. According to JIA, they're seeing more travelers after adding new airlines like Breeze Airways and Avelo. 'We have more new services added at our airport than we ever had and now the travelers are taking advantage of the new nonstop services,' said Vice President of Jacksonville Aviation Authority External Affairs, Michael Stewart. Travelers say they are noticing more construction at the airport. It's because of an incoming $92 million parking garage that will add 2,000 spaces. Stewart said builders received the green light Monday to begin construction on JIA's third parking garage, next to the existing daily garage. 'The garage itself is the final piece of the project that we've got going on,' said Stewart. Related: Jacksonville International Airport breaks ground on massive project to expand Concourse B Inside the airport, a $344 million project is adding Concourse B — a third concourse with six gates and three levels. It will also feature new restaurants and amenities for passengers. 'We're trying to keep pace with the growth,' Stewart added. [DOWNLOAD: Free Action News Jax app for alerts as news breaks] Travelers told Action News Jax more parking is exactly what they need. 'I think that's wonderful. I think it's important to be forward-thinking,' said traveler John Toensing. A former JIA employee said the project is long overdue. 'I used to work here. Trying to find parking was very stressful,' said Traver Stephania Denis. Read: JTA launches autonomous innovation center as it prepares to buy 100 high-tech shuttles from Holon 'We look to complete Concourse B in December 2026 and the garage itself will be completed hopefully a month before the new terminal opens,' according to Stewart. Stewart also mentioned the airport will have over 12,000 parking spaces once the parking garage project is complete. [SIGN UP: Action News Jax Daily Headlines Newsletter] Click here to download the free Action News Jax news and weather apps, click here to download the Action News Jax Now app for your smart TV and click here to stream Action News Jax live.
