COMING IN THIS WEEK’S BUSINESS PRESS
BENEFITS ON LIFE SUPPORT: As the economy continues to unravel, some local employees are being asked to pay for their own health care or go on the expensive alternative plan outlined in the Consolidated Omnibus Budget and Reconciliation Act. Observers say a new federal law to help laid-off workers land health coverage may backfire.
TRAFFICKING IN TABLES: Somers Furniture, started in 1989 to serve the rental needs of local hotels, casinos and the convention business, has grown big and prosperous. Today the company has a 57,000-square-foot warehouse, 20 employees and more than $3 million in inventory.
EXECUTIVE SNAPSHOT: CB Richard Ellis Managing Director Patty Nooney describes competing in triathlons and expresses her love for the outdoors.
THIS WEEK'S LIST: Commercial property managers; training organizations and schools.
THIS WEEK'S BUSINESS PRESS POLL QUESTION
Log onto the Las Vegas Business Press Web site and let us hear your opinion on this week's question.
With the government reporting that January existing-home sales fell to a 12-year low, two real estate analysts offered differing opinions on the local housing market. Lawrence Yun, the chief economist for the National Association of Realtors, said Las Vegas will be on the leading edge of the nation's housing recovery, with home prices stabilizing probably by the end of the year. Marta Borsanyi, principal of Newport Beach, Calif.-based Concord Group, however, expects local housing sales to remain depressed throughout 2009 and to reach full recovery in the fourth quarter of 2011.
When do you think the Las Vegas housing market will begin to recover?
answer at www.lvbusinesspress.com/poll
