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TREND TALK.


POST PROPERTIES, Atlanta, Georgia, has selected InterQuest Communications, Inc., AT&T, Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation).
Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006.
, and Tut Systems to provide high-speed data and Internet services to the residents of all Post communities. Post selected InterQuest to lead the team of vendors in the design, deployment, marketing, and servicing of its state-of-the-art PostSmart.net communities, which will offer residents a dedicated high-speed connection to the Internet 24 hours a day. Residents will be provided with multiple e-mail boxes, the ability to host individual Web sites, and the opportunity to create direct connections to their places of employment. Residents will also have access to unique concierge and e-commerce services designed for each community.

Twelve multifamily communities in the Atlanta area are implementing aggressive water conservation programs this summer, per an agreement reached with AMERICAN UTILITY MANAGEMENT, INC. (AUM Aum (ä·ōōmˑ),
n.pr 1. in Ayurveda, the subtle, noiseless cosmic vibration in which consciousness existed in the beginning, before the elements appeared.
). Properties covered by the agreement range in size from 108 units to more than 500 units, and are managed by Atlanta-based PINNACLE MANAGEMENT COMPANY. The project will involve retrofitting more efficient water flow products in existing communities, including enhanced shower heads, aerators, flush valves, and related accessories. Products will be custom-modified to optimize their performance.

ATLANTIC ATLANTIC Cardiology A clinical trial–Angina Treatments–Lasers And Normal Therapies In Comparison  DEVELOPMENT GROUP, New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, is developing an 86-unit, 12-story affordable housing community in the Bronx, representing Atlantic's contribution to the revitalization re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 of a formerly blighted area. The community will offer the highest level of services and quality amenities, including a community room and an interior courtyard. Fleet Bank Real Estate Finance Group provided the letter of credit security for the bond financing and the Low-Income Housing Tax Credit The Low Income Housing Tax Credit (LIHTC; often pronounced "lye-tech") is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at low-income Americans.  equity investment in a combined amount of more than $10 million. The firm raised funds through the sale of both Low-Income Housing Tax Credits from Fleet and 421 a real estate tax abatements, and also used tax-exempt bonds Tax-exempt bond

A bond usually issued by municipal, county, or state governments whose interest payments are not subject to federal and, in some cases, state and local income tax.


tax-exempt bond

See municipal bond.
 issued by the New York City Housing Development Corporation.
COPYRIGHT 1999 National Apartment Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Units
Article Type:Brief Article
Geographic Code:1U5GA
Date:Jul 1, 1999
Words:306
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