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BUSINESS
By Michelle Singletary and Michelle Singletary,Evening Sun Staff | April 12, 1991
Citing a recession that has made it tough to find financing for projects, the David Kornblatt Co., a Baltimore real estate brokerage firm, has filed under Chapter 11 of the Federal Bankruptcy Act."In my 35 years in the real estate business, I have never seenconditions such as we see today," said David W. Kornblatt, 63, chief executive officer of the 30-year-old company, which filed yesterday.Kornblatt said traditional real estate lenders have all but ceased to make new loans.Kornblatt said his firm will continue to operate.
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ENTERTAINMENT
By Sloane Brown | February 25, 2001
For an intimate evening of cabaret entertainment, the setting was perfect. Candles flickered and soft lighting gave F. Scott Black's Towson Dinner Theatre a cozy warmth, as folks filtered in for the Baltimore Choral Arts Society's Evening With Eric Comstock. A glass of wine, a little supper from the buffet and an easy chat with old friend Choral Arts music director Tom Hall continued the warm-up to the night's performance by the man who's been called "the heir apparent to Bobby Short." In the comfortable crowd of 150: Andrea Bowman-Moore, event chair; Oz Bengur and Richard Dellheim, event committee members; Arnold Paskoff, Baltimore Choral Arts Society board president; Linda Goldberg, Ellen Clayton, George L. Good, John Hilgenberg, Dayle Jones, Peter Savage and Dr. Alan Sweatman, board members; Sandra Smith, Choral Arts executive director; Susan Mathias, Goucher College counsel; Chris Wallace, Baltimore speech language pathologist; Jay Brooks, Salomon SmithBarney first vice president; Fran Lessans, Passport Health president; David Kornblatt, Kornblatt Co. president; Linda Davis, Calverton School principal; Janet Marie Smith, Struever Bros.
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NEWS
September 13, 1992
Rose L. Kornblatt, a former teacher in Baltimore's public schools, died Sept. 4 at her Park Heights Avenue home after a heart attack. She was 85.Services for Miss Kornblatt were conducted Monday.Born in Baltimore, Miss Kornblatt attended public schools and graduated in 1924 from Western High School. She then continued her education at the Maryland State Normal School, known today as Towson State University. She graduated in 1926 and began her teaching career with the Baltimore school system that year, retiring in 1968.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | March 26, 1997
The Kornblatt Co. said yesterday that it had secured a $20.5 million loan on the St. Paul Plaza office tower downtown, the final chapter in a six-year saga to pull the 28-story building out of bankruptcy proceedings.Under a new mortgage with New York investment house Lehman Bros., Kornblatt will be able to pay off debts owed to unsecured creditors dating to 1991, when the Baltimore development firm filed for bankruptcy to protect the 280,000-square-foot building from foreclosure."This means we are totally finished with the bankruptcy case, we've paid everyone off as per our agreements and now we're out of it," said David W. Kornblatt, the firm's chairman and chief executive.
BUSINESS
By Michelle Singletary and Michelle Singletary,Evening Sun Staff | June 5, 1991
Just when developer David Kornblatt thought things couldn't get worse, they did.His Baltimore real estate brokerage firm, the David Kornblatt Co., has been under federal bankruptcy protection for two months.On Monday, he filed for bankruptcy protection for four partnerships that developed, manage and lease the downtown St. Paul Plaza office tower.That same day, three banks filed a petition under Chapter 7 of the bankruptcy laws, in essence an attempt to force Kornblatt and his wife, Barbara, into personal bankruptcy.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | March 26, 1997
The Kornblatt Co. said yesterday that it had secured a $20.5 million loan on the St. Paul Plaza office tower downtown, the final chapter in a six-year saga to pull the 28-story building out of bankruptcy proceedings.Under a new mortgage with New York investment house Lehman Bros., Kornblatt will be able to pay off debts owed to unsecured creditors dating to 1991, when the Baltimore development firm filed for bankruptcy to protect the 280,000-square-foot building from foreclosure."This means we are totally finished with the bankruptcy case, we've paid everyone off as per our agreements and now we're out of it," said David W. Kornblatt, the firm's chairman and chief executive.
BUSINESS
By Timothy J. Mullaney | April 12, 1991
Baltimore developer David Kornblatt, a fixture on the city's real estate scene for nearly 30 years, took his flagship company into bankruptcy protection yesterday in an effort to keep its bank accounts from being attached by Sovran Bank of Maryland.The David Kornblatt Co. asked the U.S. Bankruptcy Court in Baltimore for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. That would ordinarily keep creditors from taking action to collect the company's debts, but Sovran has already moved to attach the accounts.
BUSINESS
By Blair S. Walker | June 5, 1991
Four real estate partnerships that run the 28-story St. Paul Plaza office tower downtown have filed to reorganize more than $42 million of debt under Chapter 11 of the U.S. Bankruptcy Code.The partnerships are headed by developer David W. Kornblatt, 63, who's been a major player on the Baltimore real estate scene for more than three decades.Seventy-one creditors are listed in the bankruptcy filing, which took place in U.S. Bankruptcy Court in Baltimore Friday, Mr. Kornblatt said yesterday.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | February 19, 1992
The U.S. Drug Enforcement Administration has signed a 10-year lease to move its Baltimore office to the St. Paul Plaza office tower at 200 St. Paul Place, a move the building's developer said would help its bid for a successful reorganization under Chapter 11 of the U.S. Bankruptcy Code.The DEA will lease 27,700 square feet of the 13-story office building for about $28 a square foot, said David W. Kornblatt, the project's developer. The agency will move out of the Fallon Federal Building downtown.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | February 19, 1992
The U.S. Drug Enforcement Administration has signed a 10-year lease to move its Baltimore office to the St. Paul Plaza office tower at 200 St. Paul Place, a move the building's developer said would help its bid for a successful reorganization under Chapter 11 of the U.S. Bankruptcy Code.The DEA will lease 27,700 square feet of the 13-story office building for about $28 a square foot, said David W. Kornblatt, the project's developer. The agency will move out of the Fallon Federal Building.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | October 1, 1993
In a deal that underscores the recession's damage on commercial office values, the state has wangled a lease renewal for the headquarters of the Attorney General's office that could reduce the state's rent by 30 percent, or $700,000.The Department of General Services, which negotiates office space for state agencies, had threatened to move the Attorney General's office from its quarters at 200 St. Paul Place to force developer David Kornblatt to lower his price.The Attorney General lease has been the keystone of an effort by DGS to use the state's new office tower at 6 St. Paul St. to force other landlords to cut rents.
BUSINESS
December 19, 1992
Bush, Major seek trade pushPresident Bush and British Prime Minister John Major called yesterday for completion of global trade talks in Geneva by the middle of January. Mr. Bush and Mr. Major spoke after a meeting at the White House that also included European Community Commission President Jacques Delors.The GATT talks have been at an impasse, with speculation growing that it could not be resolved before Mr. Bush leaves office. The talks had all but broken down over a U.S.-EC dispute on ending farm subsidies.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | November 20, 1992
One of the biggest local bankruptcy court cases of the real estate downturn took a sharp turn toward resolution yesterday as developer David Kornblatt filed a reorganization plan aimed at lifting him, his wife, his company and his 28-story St. Paul Plaza project out of Chapter 11.The plan, filed with the U.S. Bankruptcy Court in Baltimore yesterday, would allow Mr. Kornblatt to keep control of St. Paul Plaza and to retain his home in the Dumbarton section...
NEWS
September 13, 1992
Rose L. Kornblatt, a former teacher in Baltimore's public schools, died Sept. 4 at her Park Heights Avenue home after a heart attack. She was 85.Services for Miss Kornblatt were conducted Monday.Born in Baltimore, Miss Kornblatt attended public schools and graduated in 1924 from Western High School. She then continued her education at the Maryland State Normal School, known today as Towson State University. She graduated in 1926 and began her teaching career with the Baltimore school system that year, retiring in 1968.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | February 19, 1992
The U.S. Drug Enforcement Administration has signed a 10-year lease to move its Baltimore office to the St. Paul Plaza office tower at 200 St. Paul Place, a move the building's developer said would help its bid for a successful reorganization under Chapter 11 of the U.S. Bankruptcy Code.The DEA will lease 27,700 square feet of the 13-story office building for about $28 a square foot, said David W. Kornblatt, the project's developer. The agency will move out of the Fallon Federal Building downtown.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | February 19, 1992
The U.S. Drug Enforcement Administration has signed a 10-year lease to move its Baltimore office to the St. Paul Plaza office tower at 200 St. Paul Place, a move the building's developer said would help its bid for a successful reorganization under Chapter 11 of the U.S. Bankruptcy Code.The DEA will lease 27,700 square feet of the 13-story office building for about $28 a square foot, said David W. Kornblatt, the project's developer. The agency will move out of the Fallon Federal Building.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Staff Writer | November 20, 1992
One of the biggest local bankruptcy court cases of the real estate downturn took a sharp turn toward resolution yesterday as developer David Kornblatt filed a reorganization plan aimed at lifting him, his wife, his company and his 28-story St. Paul Plaza project out of Chapter 11.The plan, filed with the U.S. Bankruptcy Court in Baltimore yesterday, would allow Mr. Kornblatt to keep control of St. Paul Plaza and to retain his home in the Dumbarton section...
BUSINESS
December 19, 1992
Bush, Major seek trade pushPresident Bush and British Prime Minister John Major called yesterday for completion of global trade talks in Geneva by the middle of January. Mr. Bush and Mr. Major spoke after a meeting at the White House that also included European Community Commission President Jacques Delors.The GATT talks have been at an impasse, with speculation growing that it could not be resolved before Mr. Bush leaves office. The talks had all but broken down over a U.S.-EC dispute on ending farm subsidies.
BUSINESS
By Michelle Singletary and Michelle Singletary,Evening Sun Staff | June 5, 1991
Just when developer David Kornblatt thought things couldn't get worse, they did.His Baltimore real estate brokerage firm, the David Kornblatt Co., has been under federal bankruptcy protection for two months.On Monday, he filed for bankruptcy protection for four partnerships that developed, manage and lease the downtown St. Paul Plaza office tower.That same day, three banks filed a petition under Chapter 7 of the bankruptcy laws, in essence an attempt to force Kornblatt and his wife, Barbara, into personal bankruptcy.
BUSINESS
By Blair S. Walker | June 5, 1991
Four real estate partnerships that run the 28-story St. Paul Plaza office tower downtown have filed to reorganize more than $42 million of debt under Chapter 11 of the U.S. Bankruptcy Code.The partnerships are headed by developer David W. Kornblatt, 63, who's been a major player on the Baltimore real estate scene for more than three decades.Seventy-one creditors are listed in the bankruptcy filing, which took place in U.S. Bankruptcy Court in Baltimore Friday, Mr. Kornblatt said yesterday.
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