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	<title>attracts &#8211; USA NEWS LIVE</title>
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		<title>Health &#124; Poppy seed brewing triggers a morphine overdose and attracts the eye of lawmakers</title>
		<link>https://bloggingthree.soflytech.com/2024/10/health-poppy-seed-brewing-triggers-a-morphine-overdose-and-attracts-the-eye-of-lawmakers/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 23 Oct 2024 04:46:23 +0000</pubDate>
				<category><![CDATA[Health]]></category>
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					<description><![CDATA[It seems like a joke: poppy seeds laced with opioids. In fact, it was a story arc Sitcom Seinfeld. But for some it was a tragedy. People have died after drinking tea created from unwashed poppy seeds. And after eating lemon poppy seed bread or an every little thing bagel, moms were reportedly separated from [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/10/US-NEWS-HEALTH-POPPYSEED-OVERDOSES-KHN.jpg?w=1400px&amp;strip=all" /></p>
<div>
<p>It seems like a joke: poppy seeds laced with opioids.</p>
<p>In fact, it was a story arc <a href="https://www.youtube.com/watch?v=mYzuQr7YVYg">Sitcom Seinfeld</a>. But for some it was a tragedy.</p>
<p>People have died after drinking tea created from unwashed poppy seeds.</p>
<p>And after eating lemon poppy seed bread or an every little thing bagel, moms were reportedly separated from their newborns since the women failed drug tests.</p>
<p>Poppy seeds come from the plant <a href="https://www.dea.gov/sites/default/files/2020-06/Opium-2020.pdf">produces opium</a> and from which narcotics comparable to morphine and codeine are obtained. During harvest and processing, the seeds may turn into coated with the opium liquid.</p>
<p>Members of the House of Representatives and Senate have <a href="https://d1dth6e84htgma.cloudfront.net/H_R_6512_Stephen_Hacala_Poppy_Seed_Safety_Act_Womack_1_c26a79f0e1.pdf">Legislative proposals</a> “To prohibit the distribution and sale of contaminated poppy seeds in order to prevent harm, addiction and further deaths caused by poppy seeds contaminated with morphine.” The bill was one in all several on the agenda <a href="https://energycommerce.house.gov/posts/chairs-rodgers-and-guthrie-announce-health-hearing-with-heads-of-fda-human-foods-program-and-tobacco-center">September 10 Hearing within the House of Representatives</a>.</p>
<p>The day before the hearing <a href="https://www.themarshallproject.org/2024/09/09/drug-test-pregnancy-pennsylvania-california">The Marshall Project</a> And <a href="https://revealnews.org/podcast/she-ate-a-poppy-seed-salad-child-services-took-her-baby/">Discover</a> reported on a girl who ate a salad with poppy seed dressing before giving birth, tested positive for opiates within the hospital, was reported to child protective services, and saw her baby taken into protective custody. It was nearly two weeks before she was allowed to bring her baby home, the story goes.</p>
<p>&#8220;It&#39;s not an urban legend: Consuming poppy seeds can cause guests to test positive for codeine on a urinalysis,&#8221; the Defense Department said <a href="https://www.defense.gov/News/News-Stories/Article/Article/3306336/service-members-should-avoid-foods-with-poppy-seeds/">warned the military personnel</a> in 2023.</p>
<p>The US Anti-Doping Agency issued one a protracted time ago <a href="https://www.usada.org/spirit-of-sport/education/can-poppyseeds-cause-a-positive-drug-test/">similar warning</a> to athletes.</p>
<p>The Center for Science within the Public Interest, a watchdog group, <a href="https://www.cspinet.org/sites/default/files/media/documents/resource/2.5.2021_Petition_to_Establish_Safe_Opiate_Limits_for_Poppy_Seeds.pdf">applied to the FDA</a> in 2021 to limit the opiate content of poppy seeds. In May, after greater than three years of no response, it got here <a href="https://www.cspinet.org/sites/default/files/2024-05/Poppy%20Seed%20Complaint_2024%2005%2008.pdf">sued the agency</a> Force motion.</p>
<p>“So far, the FDA has been negligent in protecting consumers,” said Steve Hacala, whose son died after consuming poppy seed tea and who has partnered with CSPI.</p>
<p>The lawsuit was placed on hold in July after the FDA said it might reply to the group&#39;s petition by the tip of February 2025.</p>
<p>The FDA didn&#8217;t reply to questions on this text. The agency generally doesn&#8217;t comment on litigation, said spokeswoman Courtney Rhodes.</p>
<p>A <a href="https://www.tandfonline.com/doi/full/10.1080/15563650.2020.1866766#abstract">Study 2021</a> The study, co-authored by CSPI staff, found greater than 100 reports to poison control centers between 2000 and 2018 that resulted from intentional misuse or misuse of poppy seeds, said CSPI scientist Eva Greenthal, one in all the study&#39;s authors.</p>
<p>Only rarely will baked goods or other foods containing washed poppy seeds trigger positive drug tests, said doctors who&#8217;ve studied the issue.</p>
<p>It is &#8220;extremely doubtful&#8221; that the &#8220;relatively insignificant&#8221; amount of morphine in a bagel or similar would cause harm to anyone, said Irving Haber, a health care provider who has done so <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6513924/">written about poppies</a>makes a speciality of pain medicine and has signed the CSPI petition to the FDA.</p>
<p>On the opposite hand, tea created from large quantities of unwashed poppy seeds could lead on to addiction and overdose, doctors said. The risk increases if the person drinking the brew also uses other opioids, comparable to prescription painkillers.</p>
<p>Benjamin Lai, a health care provider who runs an opioid program on the Mayo Clinic in Rochester, Minnesota, said he treated a patient who developed a long-term opioid addiction from consuming poppy seed tea. The patient, a person in his 30s, found it in a health food store and felt it might help him chill out and get well from understanding on the gym. After just a few months, he tried to quit and commenced experiencing withdrawal symptoms, Lai said.</p>
<p>Another patient, an elderly woman, developed withdrawal symptoms under similar circumstances but responded well to treatment, Lai said.</p>
<p>Some web sites tout poppy seed tea as having health advantages. And some sellers &#8220;may use specific terms such as &#39;raw,&#39; &#39;unprocessed,&#39; or &#39;unwashed&#39; to signal that their products contain higher concentrations of opiates than properly processed seeds,&#8221; the CSPI lawsuit says.</p>
<p>Steve Hacala&#39;s son, Stephen Hacala, a music teacher, suffered from anxiety and insomnia, for which poppy seed tea is touted as a natural treatment, the lawsuit says. In 2016, at age 24, he ordered a bag of poppy seeds online, rinsed it with water and drank the conditioner. He died of morphine poisoning.</p>
<p>The only source of morphine present in Stephen&#39;s home where he died was commercially available poppy seeds, an Arkansas State Crime Lab forensic pathologist said in a letter to the daddy. The coroner wrote that Poppy was “very likely” answerable for Stephen’s death.</p>
<p>Steve Hacala estimated that the quantity of poppy seeds present in a 1-liter plastic water bottle at his son&#39;s home could have produced greater than 10 times a fatal dose.</p>
<p>Steve Hacala and his wife Betty have funded CSPI&#39;s efforts to bring attention to the issue. (KFF Health News Editor David Rousseau is on the <a href="https://www.cspinet.org/page/people?group=1">CSPI Board</a>.)</p>
<p>The lawsuit also cited moms who, like those in The Marshall Project and Reveal&#39;s investigation, violated rules protecting newborns. For example, although Jamie Silakowski didn&#8217;t use opioids during her pregnancy, she was initially prevented from leaving the hospital along with her baby, the lawsuit says.</p>
<p>Child protective services employees visited her home unannounced, interviewed her other children and questioned teachers at her school, she said in an interview.</p>
<p>During her maternity leave, she needed to undergo a drug test, Silakowski said. “Peeing in front of someone like I was a criminal – that was just shameful.”</p>
<p>Even members of the family questioned her and there was nothing she could do to clear the doubts, she said. “Relationships have been torn apart,” she said.</p>
<p>Tim Hortons&#39; parent company, Restaurant Brands International, which also owns Burger King and Popeyes, didn&#8217;t reply to questions from KFF Health News.</p>
<p>In July, The Washington Post reported that Trader Joe&#39;s was stocking every little thing but bagel seasoning <a href="https://www.washingtonpost.com/world/2024/07/12/south-korea-trader-joes-everything-bagel-seasoning/">banned and confiscated</a> in South Korea since it comprises poppy seeds. Trader Joe&#39;s didn&#8217;t reply to inquiries about this text. The spice is obtainable on the market on the corporate&#39;s website.</p>
<p>The USA <a href="https://www.deadiversion.usdoj.gov/drug_chem_info/unwashed_poppy_seed.pdf">Drug Enforcement Administration</a> says unwashed poppy seeds will be fatal when used alone or together with other medications. While poppy seeds are exempt from drug control under the Controlled Substances Act, opium contamination within the seeds isn&#8217;t, the agency said. The Justice Department has taken criminal motion over the sale of unwashed poppy seeds.</p>
<p>Meanwhile, laws to manage poppy contamination has not gained much traction.</p>
<p>The Senate bill introduced by Sen. Tom Cotton (R-Ark.) has <a href="https://www.congress.gov/bill/118th-congress/senate-bill/3354/cosponsors">two co-sponsors</a>.</p>
<p>The House bill, introduced by Rep. Steve Womack (R-Ark.), <a href="https://www.congress.gov/bill/118th-congress/house-bill/6512/cosponsors?s=1&#038;r=1&#038;q=%7B%22search%22%3A%22hr6512%22%7D">has none</a>. Although it was on the agenda, it was not raised on the recent hearing.</p>
</p>
<p>©2024 KFF Health News. Distributed by Tribune Content Agency, LLC.</p>
</p></div>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>As OpenAI attracts billions of dollars in recent investments, it&#8217;s becoming increasingly difficult to realize its goal of balancing profit and purpose</title>
		<link>https://bloggingthree.soflytech.com/2024/10/as-openai-attracts-billions-of-dollars-in-recent-investments-its-becoming-increasingly-difficult-to-realize-its-goal-of-balancing-profit-and-purpose/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 15 Oct 2024 07:14:21 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[achieve]]></category>
		<category><![CDATA[attracts]]></category>
		<category><![CDATA[balancing]]></category>
		<category><![CDATA[billions]]></category>
		<category><![CDATA[difficult]]></category>
		<category><![CDATA[dollars]]></category>
		<category><![CDATA[goal]]></category>
		<category><![CDATA[increasingly]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[OpenAI]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[purpose]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=17344</guid>

					<description><![CDATA[How did the highest managers and board members react? There was loads of leadership turmoil at OpenAI. The disagreements escalated in November 2023 when the corporate&#39;s board briefly fired its CEO Sam Altman. He got his job back in lower than every week, after which three board members resigned. The outgoing directors were advocates constructing [&#8230;]]]></description>
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<h2>How did the highest managers and board members react?</h2>
<p>There was loads of leadership turmoil at OpenAI. The disagreements escalated in November 2023 when the corporate&#39;s board briefly fired its CEO Sam Altman. He got his job back in lower than every week, after which three board members resigned. The outgoing directors were <a href="https://www.economist.com/by-invitation/2024/05/26/ai-firms-mustnt-govern-themselves-say-ex-members-of-openais-board">advocates constructing stronger guardrails and promoting regulation</a> to guard humanity from possible harm attributable to AI. </p>
<p><a href="https://www.bloomberg.com/features/2024-openai-executives/?srnd=phx-ai&#038;embedded-checkout=true">More than a dozen senior employees have resigned</a> Since then, several other co-founders and executives have been answerable for overseeing OpenAI&#39;s security policies and practices. At least two of them have joined Anthropic, a competitor founded by a former OpenAI executive answerable for AI security. This is what among the departing executives say <a href="https://fortune.com/2024/10/01/openai-sam-altman-mira-murati-gpt-4o-o1-chatgpt-turbulent-year/">Altman has pushed the corporate to bring products to market ahead of schedule</a>.</p>
<p>Security&#8221;<a href="https://apnews.com/article/openai-jan-leike-safety-ilya-8a7ba341e06a66e9a7935bb06214edcb">has taken a back seat to shiny products</a>&#8221; said <a href="https://apnews.com/article/openai-jan-leike-safety-ilya-8a7ba341e06a66e9a7935bb06214edcb">Jan Leike, former head of OpenAI&#39;s security team</a>who left in May 2024.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#2e3a52"><img decoding="async" alt="A group of people in suits stand together under the words “OpenAI” and “Sam Altman, Chief Executive Officer.”" class="lazyload" src="https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/624993/original/file-20241010-19-v0z6nq.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Open AI CEO Sam Altman, center, speaks at an event in September 2024.</span><br />
              <span class="attribution"><a class="source" href="https://www.bcorporation.net/en-us/find-a-b-corp/company/warby-parker/">Bryan R. Smith/Pool Photo via AP</a></span><br />
            </figcaption></figure>
<h2>Why should the structure of OpenAI change?</h2>
<p>OpenAI&#39;s wealthy investors cannot own shares within the organization or receive a seat on the board under the prevailing nonprofit governance structure. This is because OpenAI is registered as a non-profit organization whose purpose is to learn society and never private interests. To date, all investment rounds, including a reported total, have been accomplished <a href="https://www.cnbc.com/2023/04/08/microsofts-complex-bet-on-openai-brings-potential-and-uncertainty.html">$13 billion from Microsoft</a>were channeled through a for-profit subsidiary owned by the nonprofit organization.</p>
<p>The <a href="https://openai.com/our-structure/">current structure</a> allows OpenAI to just accept money from private investors in return for a future portion of its profits. However, these investors don&#8217;t receive a voting seat on the board and their profits are “capped”. According to previously published information, these are the unique investors of OpenAI <a href="https://www.cnbc.com/2023/04/08/microsofts-complex-bet-on-openai-brings-potential-and-uncertainty.html">You cannot earn greater than 100 times the cash they supply</a>. The goal of it <a href="https://doi.org/10.1016/j.riob.2014.09.001">Hybrid governance</a> The model is to balance profits with OpenAI&#39;s security-focused mission.</p>
<p>Converting to a for-profit company would allow its investors to amass ownership shares in OpenAI and not face a cap on their potential profits. Later, OpenAI could also go public and lift capital on the stock exchange. </p>
<p>Altman is reportedly attempting to purchase one personally <a href="https://www.bloomberg.com/features/2024-openai-executives/">7% equity stake in OpenAI</a>said a Bloomberg article that cited unnamed sources. </p>
<p>This Agreement shouldn&#8217;t be permitted for officers of non-profit organizations. <a href="https://boardsource.org/resources/nonprofit-laws-and-regulations-faqs/">in keeping with BoardSource</a>an association of nonprofit board members and executives. Instead, the association explains, nonprofits must “reinvest surpluses back into the organization and its tax-free purpose.”</p>
<h2>What form of company could OpenAI turn into?</h2>
<p>The Washington Post and other media outlets, citing unnamed sources, have reported that OpenAI has turn into a “<a href="https://www.washingtonpost.com/technology/2024/10/02/openai-funding-157-billion/">Non-profit corporation</a>” – a business that goals to learn society and generate profits.</p>
<p><a href="https://www.bcorporation.net/en-us/find-a-b-corp/">Examples of corporations</a> This status, generally known as B Corps., includes the outdoor clothing and equipment company Patagonia and the eyewear manufacturer <a href="https://www.bcorporation.net/en-us/find-a-b-corp/company/warby-parker/">Warby Parker</a>.</p>
<p>It is more typical that a <a href="https://usca.bcorporation.net/benefit-corporation/">for-profit company</a> – <a href="https://doi.org/10.1002/(SICI)1520-6688(199821)17:2%3C215::AID-PAM6%3E3.0.CO;2-K">not a non-profit organization</a> — will turn into a charitable corporation, in keeping with B Lab, a network that sets standards and offers certifications for B Corps. This is unusual for a non-profit organization, as non-profit governance already requires that these groups profit society.</p>
<p>The boards of directors of corporations with this legal form are free to have in mind the interests of society, the environment and other people who usually are not shareholders <a href="https://doi.org/10.1016/j.riob.2014.09.001">that shouldn&#8217;t be vital</a>. The board should decide to make profits its top priority and sacrifice its performance status to please its investors. This is the net craft market <a href="https://www.ecommercebytes.com/2017/11/30/etsy-gives-b-corp-status-maintain-corporate-structure/">Etsy did it in 2017, so two years</a> after he became one <a href="https://doi.org/10.1016/j.riob.2014.09.001">listed company</a>.</p>
<p>In my view, any try to convert a nonprofit organization right into a nonprofit corporation is a transparent departure from specializing in the nonprofit&#39;s mission. And there may be a risk that it&#8217;s going to turn into a non-profit entity <a href="https://www.bbc.com/worklife/article/20240202-has-b-corp-certification-turned-into-corporate-greenwashing">Just be a trick</a> to disguise a shift to concentrate on revenue growth and investor profits.</p>
<p>Many legal scholars and other experts predict that OpenAI will do that <a href="https://apnews.com/article/chatgpt-openai-sam-altman-nonprofit-859bff5c19845f51796244e0072e2dfb">is not going to completely abandon its hybrid ownership model</a> as a consequence of legal restrictions on the transfer of charitable assets into private hands.</p>
<p>But I believe OpenAI has a possible workaround: It could attempt to dilute the nonprofit&#39;s control by making it a minority shareholder in a brand new for-profit structure. This would effectively eliminate the nonprofit board&#39;s power to carry the corporation accountable. Such a move may lead to this <a href="https://ministrywatch.com/nonprofits-becoming-for-profits-where-are-the-lines-of-legality/">an investigation by the responsible public prosecutor&#39;s office</a> and possibly the Internal Revenue Service.</p>
<h2>What could occur if OpenAI becomes a for-profit company?</h2>
<p>There is so much at stake for society.</p>
<p>The potential harm that AI could cause is far-reaching, and a few of it&#8217;s already evident, similar to misleading political campaigns and bias in healthcare.  </p>
<p>If OpenAI, an industry leader, focuses more on making profits than ensuring the security of AI, I consider these dangers could turn into even worse. Geoffrey Hinton, who won the Nobel Prize in Physics in 2024 for his research on artificial intelligence, has done this <a href="https://www.bbc.com/news/articles/c62r02z75jyo">warned that AI could worsen inequality</a> by replacing “many everyday jobs.” He believes there may be a 50% probability “that we will have to face the problem of AI trying to take over humanity.”</p>
<p>And even when OpenAI retained board members who made security a top priority, the members of the brand new company board would only be their very own common denominators <a href="https://online.hbs.edu/blog/post/fiduciary-duty-to-investors">Commitment to protecting the interests of the corporate&#39;s shareholders</a>who would expect a profit. While such expectations are common on a for-profit board, they represent a conflict of interest on a nonprofit board, where the mission must come first and board members cannot derive financial profit from the organization&#39;s work.</p>
<p>The deal would undoubtedly please OpenAI&#39;s investors. But would it not be good for society? The purpose of nonprofit control of a for-profit subsidiary is to be certain that the profit doesn&#8217;t interfere with the nonprofit&#39;s mission. Without guardrails to be certain that the board is attempting to limit the harm to humanity attributable to AI, there can be little reason to stop the corporate from maximizing profits, whilst its chatbots and other AI products endanger society. </p>
<p>Regardless of what OpenAI does, most artificial intelligence corporations are already for-profit corporations. In my view, the one option to address the potential harm is thru higher industry standards and regulations <a href="https://www.europarl.europa.eu/topics/en/article/20230601STO93804/eu-ai-act-first-regulation-on-artificial-intelligence">which begin to take shape</a>. </p>
<p><a href="https://www.npr.org/2024/09/20/nx-s1-5119792/newsom-ai-bill-california-sb1047-tech">The governor of California vetoed such a bill</a> in September 2024 on the grounds that it will slow innovation &#8211; but I consider that a slowdown is precisely what is required given the hazards AI already poses to society.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Former Naval Base in Alameda Attracts Transportation Startups</title>
		<link>https://bloggingthree.soflytech.com/2024/10/former-naval-base-in-alameda-attracts-transportation-startups/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 03 Oct 2024 13:24:03 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Alameda]]></category>
		<category><![CDATA[attracts]]></category>
		<category><![CDATA[base]]></category>
		<category><![CDATA[naval]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[transportation]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=16452</guid>

					<description><![CDATA[The spiny tumbleweeds and nuisance geese can still be found at the previous naval airfield in Alameda, however the sprawling grounds today are much different than when the military base transported dozens of men, machines and supplies across the Pacific. From World War II to the Korean Conflict to Vietnam, the bottom supported the Department [&#8230;]]]></description>
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<p>The spiny tumbleweeds and nuisance geese can still be found at the previous naval airfield in Alameda, however the sprawling grounds today are much different than when the military base transported dozens of men, machines and supplies across the Pacific.</p>
<p>From World War II to the Korean Conflict to Vietnam, the bottom supported the <a href="https://www.navy.mil/">Department of the Navy</a>The airport&#39;s defense mission operated until its closure in 1997. Today, most of the former aircraft hangars and old military buildings are occupied by transportation start-up firms, in addition to distilleries, sports clubs and catering firms which have called the bottom home because the Navy left.</p>
<p>More than a dozen shipping, aerospace and aerospace firms have arrange shop at the previous port base, now called Alameda Point. Although there are some residential buildings on the previous military site, attempts to create more housing have stalled as a result of environmental problems.</p>
<p><img decoding="async" class="alignright size-article_inline_third lazyautosizes lazyload" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-1003-90.jpg?fit=620%2C9999px&#038;ssl=1" alt="Map showing the location of Alameda Point" data-sizes="auto" data-src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-1003-90.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="11199635" data-srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-1003-90.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-1003-90.jpg?fit=210%2C9999px&#038;ssl=1 210w"><a href="https://alamedapointinfo.com/">Alameda Point appeals to advanced manufacturing firms</a> in transportation due to its proximity to the Bay Area&#39;s expert workforce, large spaces in former hangars and the supply of high-capacity electricity from Alameda Power at inexpensive prices, that are about half the worth of PG&#038;E&#39;s electricity, in response to Abigail Thorne-Lyman, director the essential reuse. While advocates say the gathering of transportation firms has sparked innovation, some residents worry town isn&#39;t moving fast enough to redevelop the bottom for much-needed housing.</p>
<p>Saildrone, named one in every of TIME magazine&#39;s 100 Most Influential Companies this yr, is leasing an enormous workspace in Alameda Point together with firms like Rain and Pyka, makers of autonomous aircraft.</p>
<figure id="attachment_11197833" class="wp-caption aligncenter size-article_inline"><img decoding="async" class=" lazyautosizes lazyload" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=620%2C9999px&#038;ssl=1" alt="A sailing drone floats in the lagoon where the company rents a workspace at Alameda Point in Alameda, California, on Saturday, September 28, 2024. (Ray Chavez/Bay Area News Group)" width="2878" data-sizes="auto" data-src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="11197833" data-srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=780%2C9999px&#038;ssl=1 780w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=810%2C9999px&#038;ssl=1 810w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=1280%2C9999px&#038;ssl=1 1280w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-2.jpg?fit=1860%2C9999px&#038;ssl=1 1860w"><figcaption class="wp-caption-text">A sailing drone floats within the lagoon where the corporate rents a workspace at Alameda Point in Alameda, California, on Saturday, September 28, 2024. (Ray Chavez/Bay Area News Group) </figcaption></figure>
<p>“Our company was born here in Alameda. Because it is an island, access to water was critical for us,” said Barak Ben-Gal, chief financial officer of Saildrone, an organization that develops small robotic sailboats whose sensors collect atmospheric and ocean data needed for maritime security and other purposes are used scientific research.</p>
<p>Ben-Gal said the corporate operates from a 100,000 square meter former hangar and a 50,000 square meter old military warehouse. “It would be very difficult to convert that into office space. You need something with high ceilings. “If it was a one-story office, our drones wouldn’t fit in it,” he added.</p>
<p>Navier, a startup that has <a href="https://www.navierboat.com/" target="_blank" rel="noopener">developed the electrical boat with the longest range on the planet</a>moved right into a former naval camp about three years ago. Sam Seder, the corporate&#39;s operations manager, said the choice was a superb one.</p>
<p>“Alameda is a great partner for us; “We worked closely with the city and the Alameda Chamber of Commerce,” Seder said. “The biggest (advantages) are the infrastructure and the space. There is also a strong sense of innovation here because there are many start-ups.”</p>
<p>The city has been planning to redevelop the previous base for nearly 25 years, but full redevelopment has been hampered by land use restrictions, soil and groundwater contamination (the previous base is a Super Fund site), environmental regulations and contractual constraints.</p>
<p>Since 2001, town has entered into development agreements with two major developers &#8211; first with Alameda Point Community Partners, which planned to pour $2 billion into redevelopment, including constructing 1,700 homes on the location over 15 years. But 4 years later, the group withdrew from the project for unknown reasons. Afterwards, SunCal Companies agreed to affix because the master developer, but after three years, town terminated the contract with SunCal.</p>
<p>That has angered residents clamoring for inexpensive housing in one in every of the country&#39;s costliest regions. While town says it still plans to construct housing, the timeline is unclear.</p>
<p>Meanwhile, the Navy is working to wash up the contamination and town has plans to further develop parts of the bottom, equivalent to Spirit Alley, where breweries, restaurants and distilleries have arrange shop in old buildings.</p>
<figure id="attachment_11197907" class="wp-caption aligncenter size-article_inline"><img decoding="async" class=" lazyautosizes lazyload" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=620%2C9999px&#038;ssl=1" alt="Tiang Wang (left) takes a selfie with Tony Xu and Aashika Shah after visiting Faction Brewing, one of several breweries at Alameda Point in Alameda, California, on Saturday, September 28, 2024." width="5808" data-sizes="auto" data-src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="11197907" data-srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=780%2C9999px&#038;ssl=1 780w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=810%2C9999px&#038;ssl=1 810w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=1280%2C9999px&#038;ssl=1 1280w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-23.jpg?fit=1860%2C9999px&#038;ssl=1 1860w"><figcaption class="wp-caption-text">Tiang Wang (left) takes a selfie with Tony Xu and Aashika Shah after visiting Faction Brewing, one in every of several breweries at Alameda Point in Alameda, California, on Saturday, September 28, 2024. </figcaption></figure>
<p>The city leases buildings in areas where the properties are still based on Navy-era infrastructure and where the Navy still owns buildings which are ready for occupancy but still require some environmental remediation work.</p>
<p>Thorne-Lyman said town can also be selling buildings and land further east, where it has accomplished latest backbone infrastructure equivalent to latest roads, gas and electricity.</p>
<p>While the present pace of redevelopment has been a boon for transportation firms doing a few of the most groundbreaking work in the sphere, some longtime Alameda residents who&#8217;ve been waiting for the previous military facility to be fully developed said they&#8217;re running out of resources and patience.</p>
<p>“It is no secret that the only way for the city to build the necessary new infrastructure at Alameda Point is to sell its property,” wrote Alameda Point founder Richard Bangert <a href="https://alamedapointenviro.com/" target="_blank" rel="noopener">Alameda Point Environmental Report Blog</a>. “Nevertheless, city leaders are reluctant to abandon the broken strategy of renting buildings to start-up companies. It doesn&#39;t matter how promising or green a company is. Leasing will never be worth it for the infrastructure.”</p>
<p>Bangert said town is taking a &#8220;lackadaisical approach&#8221; to redeveloping Alameda Point and fears town will sooner or later ask Alameda to pass a bond measure to fund latest infrastructure.</p>
<p>“Companies see leasing as a good deal in terms of their operating costs, and if it doesn’t work out, they can pack up and leave,” Bangert said in an interview. “By continually focusing on leasing, the city is effectively taking over private companies, and in my opinion the goal should not be to replace jobs but to replace infrastructure. And that can only be done by selling real estate.”</p>
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<p>But Thorne-Lyman said it&#39;s necessary for town to make the most of the waterfront property and maintain space at Alameda Point for transportation and other businesses, each now and in the long run.</p>
<p>“We need to make sure we reserve the appropriate land for these companies,” she said. “They are creating really good-paying, middle-skill jobs that don&#39;t require a college degree. For us, creating and maintaining these jobs is an important workforce and economic development strategy.”</p>
<p>Thorne-Lyman added that town is currently focused on making higher use of the waterfront piers at Alameda Point. “We believe they are an important asset to the transportation industry,” she said.</p>
<figure id="attachment_11199886" class="wp-caption aligncenter size-article_inline"><img decoding="async" class=" lazyautosizes lazyload" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=620%2C9999px&#038;ssl=1" alt="Traffic moves along Midway Avenue at Alameda Point on Saturday, September 28, 2024 in Alameda, California. (Ray Chavez/Bay Area News Group)" width="2252" data-sizes="auto" data-src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="11199886" data-srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=780%2C9999px&#038;ssl=1 780w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=810%2C9999px&#038;ssl=1 810w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=1280%2C9999px&#038;ssl=1 1280w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/10/SJM-L-BASE-0929-24_8c674c.jpg?fit=1860%2C9999px&#038;ssl=1 1860w"><figcaption class="wp-caption-text">Traffic moves along Midway Avenue at Alameda Point on Saturday, September 28, 2024 in Alameda, California. (Ray Chavez/Bay Area News Group) </figcaption></figure>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Huge former Fry&#039;s site in Bay Area attracts Florida real estate buyers</title>
		<link>https://bloggingthree.soflytech.com/2024/06/huge-former-frys-site-in-bay-area-attracts-florida-real-estate-buyers/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 18 Jun 2024 20:42:48 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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		<category><![CDATA[attracts]]></category>
		<category><![CDATA[Bay]]></category>
		<category><![CDATA[buyers]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[Florida]]></category>
		<category><![CDATA[Fry39s]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[real]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=6689</guid>

					<description><![CDATA[FREMONT – A large Fremont site that was formerly home to a Fry&#39;s Electronics store has been purchased by a Southeastern real estate investment group for greater than $30 million. Documents filed with the Alameda County Recorder&#39;s Office on June 17 show that the Sterling Organization, through an affiliated company, paid $35.7 million to buy [&#8230;]]]></description>
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<p>FREMONT – A large Fremont site that was formerly home to a Fry&#39;s Electronics store has been purchased by a Southeastern real estate investment group for greater than $30 million.</p>
<p>Documents filed with the Alameda County Recorder&#39;s Office on June 17 show that the Sterling Organization, through an affiliated company, paid $35.7 million to buy the location of a former Fry&#39;s Electronics store in Fremont.</p>
<figure id="attachment_7858273" class="wp-caption alignnone size-article_inline"><img decoding="async" class=" lazyautosizes lazyload" alt="FREMONT, CALIFORNIA - FEBRUARY 24: A customer walks toward the entrance of a closed Fry&#39;s Electronics store in Fremont, California, on Wednesday, February 24, 2021. After nearly 36 years in business, the one-stop-shop electronics store announced it is permanently closing all of its stores. (Anda Chu/Bay Area News Group)" width="4000" data-sizes="auto" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="7858273" srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=780%2C9999px&#038;ssl=1 780w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=810%2C9999px&#038;ssl=1 810w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=1280%2C9999px&#038;ssl=1 1280w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2021/02/SJM-L-FRYS-0225-59.jpg?fit=1860%2C9999px&#038;ssl=1 1860w"><figcaption class="wp-caption-text">An individual walks toward the front entrance of a closed Fry&#39;s Electronics store in Fremont, 2021. (Anda Chu/Bay Area News Group)</figcaption></figure>
<p>The Florida-based Sterling Organization is a non-public equity real estate firm that sometimes teams up with large investors to purchase properties nationwide, based on information on the corporate&#39;s website.</p>
<p>The former Fry&#39;s store on the recently sold property was designed with an electricity theme and was a tribute to the 1893 World&#39;s Fair, including a Tesla coil in the shop. From time to time, electrical lightning was simulated at an exhibition.</p>
<p>The seller was an organization called Wardenclyffe LP. Coincidentally, the Wardenclyffe Tower, positioned in upstate New York, was an experimental radio transmission tower designed and built by Nikola Tesla.</p>
<p>Wardenclyffe LP is an affiliate of Quality Real Estate and Quality&#39;s managing director, Richard Singer. For several years, Quality Real Estate was positioned at the identical East Brokaw location where Fry&#39;s Electronics had its headquarters and a Mayan-style store in north San Jose.</p>
<p>It was not immediately clear from land records whether a number of members of Fry&#39;s family were involved within the sale of the Fremont property.</p>
<p>The Fry&#39;s store in Fremont closed its doors in 2021, together with quite a few other Fry&#39;s retail stores, in a sudden implosion and closure of Fry&#39;s operations.</p>
<p>What is definite is that Wardenclyffe purchased the property in 2000, which was the last time the property was purchased. In the 2000 transaction, the customer and seller drafted the deeds in such a way as to hide the worth.</p>
<p>The estimated value of the Fremont property was roughly $26 million in early 2023. The old store remains to be on the property.</p>
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<p><em>image credit : www.mercurynews.com</em></p>
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