Baltimore Checkbook

Cross Street Market meeting stirs emotions, offers...

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A crowd of more than 200 patrons and merchants of the Cross Street Market packed a Federal Hill church Monday night to deliver a message to a Towson developer who wants to overhaul the beloved, yet dilapidated market: Put people first. “The most valuable asset in the market is the vendors,” said Deborah Flavin, of Riverside, who has been a customer of the historic market for years. “They are the ones who made it and made it last so long.” Flavin and dozens of others attended the meeting of the…

8 things you need to know this morning

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We can stop shivering — for now. The brutal cold that enveloped us the past two days is going away. Expect temperatures to even hit into the 60s later in the week. Here’s what else you need to know. Those of us who didn’t stay up (that would be me) missed a great game. Clemson stunned Alabama in the last second of Monday night’s college football national championship, defeating the Crimson Tide 35-31. [New York Times] Gary Brown Jr., a campaign aide to Baltimore Mayor Catherine Pugh, has been…

Reports: FDIC slaps Bank of America with $542M...

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The Federal Deposit Insurance Corp. has filed a lawsuit against Bank of America Corp. (NASDAQ: BAC), claiming the Charlotte-bank owes at least half a billion dollars in unpaid deposit insurance, according to a Bloomberg report. The U.S. banking regulator sued Bank of America, Maryland’s largest bank, in federal court in Washington on Monday over accusations that the bank “ignored FDIC instructions on how to account for its exposure to counterparties,” Bloomberg and other media outlets reported. Bank…

Behind Caves Valley's agreement to overhaul Cross...

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Baltimore taxpayers won’t see profit sharing for the redeveloped Cross Street Market until 2028, the developer said on Monday. The 50-50 split in profits for the historic Federal Hill market on the brink of a $6.5 million overhaul will begin after developer Caves Valley Partners recoups its close to $4.5 million in investment in the project, said Arsh Mirmiran, a partner in CSM Ventures LLC, an entity controlled by Caves Valley which is undertaking the redevelopment. The city will contribute $2…

Port of Baltimore chief says 'money just isn’t...

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The Maryland Port Administration would like to add a second cruise terminal or berth, but don’t expect it to happen anytime soon. Executive Director James J. White said told me in a recent interview that unless the state can arrange a private-public partnership, “we probably are not going to be investing into cruise in the very near future.” The current single-berth Cruise Maryland Terminal in South Locust Point limits the number of cruises that can depart. White, who has spoken about possible…

Top tech jobs in Baltimore surpass six figures —...

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Salaries for eight top tech jobs in Baltimore are expected to go up $2,000 to $4,000 more than the U.S. average. But the jobs are still hard to fill. A 2017 report from Baltimore-based Robert Half Technology showed that starting salaries for eight of the top technology jobs are up 5 percent to 8 percent over last year. Local data scientists and data engineers, software engineers, and network security engineers are all set to make six figures in 2017, according to the data. Chris Brinkman, vice…

GlaxoSmithKline's Rockville campus sold

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GlaxoSmithKline has a new landlord in Rockville. The three-building, 635,058-square-foot GSK Global Vaccine Centre at 14200 Shady Grove Road has been sold to an unnamed buyer for $337.5 million, Holliday Fenoglio Fowler LP announced Monday. The previous owner was BioMed Realty, which is owned by affiliates of Blackstone Real Estate Partners VIII. HFF marketed the property, found the buyer and secured financing for the new owner. The GSK center, a vaccine research and development campus constructed…

Here are the 10 lowest-paying occupations in...

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This week’s List covered the highest-paying occupations in Greater Baltimore. It showed those in the medical industry such as surgeons, anesthesiologists and pediatricians earning up to an average local salary of $271,510 in 2015. But what about the other end of the spectrum? The BBJ has compiled the 10 lowest-paying occupations in the area into the slideshow above. The positions count back from No. 10 to No. 1 by average local salary in 2015. Shampooers, lifeguards, ushers, dishwashers and more…

You can now ask Amazon's Alexa to order your...

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Now getting food delivered in Baltimore ust takes a quick question to Alexa. Amazon.com Inc. announced Jan. 5 that Prime members in 20 metros can voice-order their next meal through Amazon Restaurants on their Echo and Echo Dot devices. By adding the new Alexa Skill, Echo users can simply say “Alexa, order from Amazon Restaurants,” and have a meal delivered in less than an hour. The catch: It only works with restaurants that you’ve previously ordered from on Amazon. The voice service pulls…

Center Cut Doughnuts to open Thursday in Hampden

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Get your sweet tooth ready, Hampden, because Center Cut Doughnuts is opening its first brick and mortar location Thursday. Owner Josh Kowitz took over the former B. Doughnut location at 3528 Chestnut Ave. after almost two years of selling his doughnuts at the Hampden Farmers Market. The plan was to have the space open by the end of December, but after a few delays, the public will be welcomed in this week. “This is what I have worked toward, but there is plenty of work left to do,” Kowitz said.…