Baltimore Checkbook

H&S Properties paying $1.5M to exit city...

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H&S Properties Development Corp. plans to pay the city $1.5 million to exit a profit-sharing agreement tied to a tax incentive surrounding the construction of the Legg Mason tower in Harbor East. The city in 2009 granted H&S, owned by the Paterakis family, a payment in lieu of taxes (PILOT) to help finance the 24-story tower and its underground garage. Under the deal, H&S agreed to pay the city 25 percent of its excess revenue from the building and garage once revenue margins had hit 15 percent.…

Port of Baltimore brings in record cargo in 2016

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The Port of Baltimore brought in more than 10 million tons of general cargo for the first time in 2016, a result of big ships coming in through the expanded Panama Canal. The port reported a 5 percent increase in general cargo from 2015 and a 3 percent increase in containers with 538,567. December was a particularly productive month for the port with a 23 percent increase in containers compared to the prior year. General cargo includes automobiles, containers, farm and construction equipment, forest…

Dave & Buster's targets White Marsh Mall for new...

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Dave & Buster’s is looking to bring a new location to the White Marsh Mall that would take the space of the former Sports Authority store. Dave & Buster’s, which combines arcade games with food and drink, filed a petition with the Baltimore County Department of Permits, Approvals and Inspections to operate the arcade with entrances both from the mall interior and from the parking lot. The location is just over 53,000 square feet and sits next to Buffalo Wild Wing’s. The closest Dave & Buster's…

T. Rowe Price's Rogers joins Harvard endowment...

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T. Rowe Price Group Inc. Chairman Brian C. Rogers will provide his investing expertise to his alma mater after joining the Harvard University endowment board on Monday. Rogers, who will retire from his chief investment officer position next month while remaining Baltimore-based T. Rowe’s non-executive chairman, will help oversee Harvard’s $35.7 billion endowment. In an interview last November, Rogers told me he planned on being involved in a “portfolio of activities” including joining a corporate…

Buy-one-get-one free movie tickets to 'La La Land'

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This sweet will be music to your ears: Get a free ticket when you buy one to the musical “La La Land” from Atom Tickets.

The ticketing service is offering the freebie with online purchase (through its the apps or desktop computer) at participating nationwide theaters using promo code LALALOVE….

8 things you need to know this morning

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Good morning, and happy Tuesday. It’s going to be much more pleasant than yesterday outside — winds have died down and the temperatures should be in the upper 40s — but that doesn’t mean we’re out of the woods yet. Expect to see winter temperatures for the remainder of the week. Here are eight things to know to get your day started. Speaking of thoughts of warmer weather, the Orioles opened spring training officially yesterday. Pitchers and catchers reported to Sarasota, Fla. for practice…

Podcast: Mary Pat Clarke on her push to increase...

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City Councilwoman Mary Pat Clarke knows passing a bill to increase the minimum wage is an uphill battle. But it’s a battle she’s willing to fight. Clarke has co-sponsored a bill that would increase the minimum wage to $15 by 2022 — a timeline that would be extended to 2026 for small businesses. Mayor Catherine Pugh has expressed skepticism about the pace at which the council is trying to pass the measure, and several business groups have already spoken out against the increase, saying it would…

Convergence Technology Consulting acquires...

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Columbia’s Convergence Technology Consulting has acquired a Baltimore cybersecurity firm. Terms of the deal for Deep Run Security were not disclosed. Deep Run specializes in analysis and detection of cyber risk, while Convergence Technology Consulting specializes in technology-based remediation, or fixes, for cybersecurity problems. Deep Run CEO Gary Merry said the acquisition represents a merger of the two companies’ strengths and strategies. The deal was finalized on Jan. 1. Deep Run is in…

Johns Hopkins joins 17 schools in support of civil...

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Johns Hopkins University, along with 16 other American universities, voiced opposition to President Trump’s immigration ban with formal support of a civil suit led by New York Attorney General Eric T. Schneiderman. The brief filed by the schools is a document that offers support for Schneiderman’s case against Trump and includes arguments detailing why the court should decide in Schneiderman’s favor. The document includes statements touting the “immeasurable benefit from the contributions of diverse…

Fully, an office furniture company, opens first...

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A standing workstation company has located its first East Coast showroom in White Marsh. The company, Fully, has offices and showrooms in Portland and San Francisco. It recently opened a 100,000-square-foot distribution center and showroom located in an industrial park at 10001 Franklin Square Drive. Fully sells a variety of adjustable height standing desks, active seats and ergonomic accessories. Its desks fit sitting or standing, as do its chairs which are “sit-stand, kneeling chairs and task…