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Editorial: At 50, Rothko Chapel still mystifies - Vimarsana News

Editorial: At 50, Rothko Chapel still mystifies

Editorial: At 50 years old, Rothko Chapel still mystifies and reveals Houston FacebookTwitterEmail Interior of the Rothko Chapel with new skylight. The chapel reopened after a 18-month renovation in Oct. 2020. It celebrated its 50th anniversary in February 2021. Photo courtesy of the Rothko Chapel.Paul Hester, Photographer When you first enter the Rothko Chapel, the 14 nearly black paintings hung in the octagonal room are mystifying. It’s dark, quiet and somber. What is the point? What kind of chapel has no cross or candles or altar? That mystery is worth experiencing in person. The chapel,...

Greater Houston area could see economic relief from pandemic around mid-2021, economist says - Vimarsana News

Greater Houston area could see economic relief from pandemic around mid-2021, economist says

Although the price for a barrel of oil returned to $50.43 in January, Jankowski said the energy industry is unlikely to fill positions that were lost in the layoffs. “The damage has already been done; we've already seen so many layoffs in the oil and gas industry,” Jankowski said. “We're not going to see a significant uptick in hiring. If there's demand for more oil, the industry is going to handle it just by taking their existing workforce and giving them overtime or pushing a little bit harder.” Comparatively, several white-collar sectors have recovered completely from the pandemic,...

Italian 3D printing firm establishes US headquarters in Houston - Vimarsana News

Italian 3D printing firm establishes US headquarters in Houston

Italian 3D printing firm establishes US headquarters in Houston By Katherine Feser, Staff writer Roboze, a 3D printing company serving the aerospace, energy and manufacturing industries, opened a U.S. headquarters in Houston to capitalize on the region’s pool of engineering talent and central location. The company, based in Bari in southern Italy, set up shop in a new building at 7934 Breen Road in northwest Houston. “We want to really focus now on the U.S. market and have Houston as our second home in the world,” said Roboze founder and CEO Alessio Lorusso. Roboze plans...

Source: msn.com
Office Prices Plunge in Energy Capital - Vimarsana News

Office Prices Plunge in Energy Capital

by Bloomberg |Wednesday, February 03, 2021 Houston ended last year with a 24% office-vacancy rate, the highest of any major US city, according to Jones Lang LaSalle Inc. (Bloomberg) -- For all the talk of workers fleeing pricey coastal cities such as New York and San Francisco, one of the most troubled spots in the U.S. commercial real estate market is deep in the heart of Texas. Houston ended last year with a 24% office-vacancy rate, the highest of any major U.S. city, according to Jones Lang LaSalle Inc. After years of construction to accommodate an oil boom that’s now gone bust, build...

Houston Economy Trending Up, But Obstacles Remain - Vimarsana News

Houston Economy Trending Up, But Obstacles Remain

By iHeartMedia's Corey Olson Jan 29, 2021 Nearly one year after the pandemic began, the Houston economy continues to recover, but there are still headwinds on the horizon. Texas was among the states with the largest decline in new jobless claims last week, and Houston's most recent numbers continue to show job growth. "We have recouped more than 200,000 jobs that were lost during the pandemic, but that still leaves us around 130,000 short," says Patrick Jankowski, Senior Vice President of Research for the Greater Houston Partnership. Job growth in recent months has been strong across multi...

Source: iheart.com