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Business Briefs

Reported by Star-Bulletin staff & wire

Tuesday, November 7, 2000

Downtown building for sale for $3.9 mil

The Eight-Fifty Building, across from the downtown post office on the corner of Merchant and Richards streets, has been listed for sale at $3.9 million, or $185 a square foot. The seven-story office building was listed last week by 850 Investors, a Hawaii limited partnership that bought the building for $540,000 in 1986. Urban Real Estate Co., a general partner in the sale and a tenant, is handling the listing. Built in 1954, the 20,981-square-foot leasehold building houses an American Savings Bank branch on the ground floor.

Big Island grower reports rain damage

A torrential rainfall last week damaged trees, roads and the irrigation system at ML Macadamia Orchards LP's operation in the Big Island's Kau district, the firm said. However the business, which owns or leases more than 4,000 acres in the southern part of the island, said yesterday it will not know the full extent of the damage at its orchards for several days. ML Macadamia said some trees were destroyed and the road to Hilo was severely damaged by the 20 inches of rain that fell in 24 hours starting Thursday. The publicly traded partnership plans to file an insurance claim.

Flight attendants to protest at United

CHICAGO -- Union leaders representing United Airlines' 25,000 flight attendants plan to initiate a variety of protest and informational actions as part of their push for mid-contract pay raises. Talks on those proposed raises broke off last Thursday and have not resumed. The Association of Flight Attendants used an hour-long Webcast yesterday from Chicago to invoke the strategy the union calls CHAOS, for Create Havoc Around Our System. The Webcast was broadcast to union meetings around the world and was also available for individual members to watch online. AFA general counsel David Borer said CHAOS actions might include the coordinated leafleting of passengers by flight attendants at airports and by sympathetic frequent flyers aboard flights. Other tactics might include heightened contract enforcement.

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