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Mark It Down, Aug 21
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Time to move on cleaning up laundry site
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HENDERSON â City officials want to join forces with Vance County to deal with an abandoned dry cleaner thatâs at the corner of Chestnut Street and Andrews Avenue, but the potential cost has county officials wary.
The former Henderson Laundry is at 341 N. Chestnut St., and has been unused for many years. Though it remains in private hands, the last time anyone paid property taxes on it was October 2010.
Officials want to see some other enterprise emerge on the property, but the problem is that as a former dry cleaner, itâs quite possible that there are any number of toxic chemicals in, on or under the building that need cleaning up.
Verdence Capital Advisors Sells Minority Stake to Emigrant Verdence will use the fresh capital to hunt for more talent and further develop its family office and financial planning services.
Emigrant Partners, a private equity subsidiary of New York Private Bank & Trust, has taken on another growth project in the registered investment advisory space. On Wednesday, it completed its minority investment in Verdence Capital Advisors, a wealth management and family-office firm based in Baltimore.
Verdence opted for convertible equity, a type of seed financing for young companies, under the advisement of investment bank Park Sutton Advisors.
Leo Kelly, CEO and founder of Verdence, said his firm will use the capital to expand its national brand through acquisitions and invest in its advisor and client-facing technology.
Northampton student Leo wows judges with seriously impressive award-winning film
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