Saying that he’s keeping his options open, developer Abe Aityeh presented plans for a 175-bed personal care home at 1838 Center St., a grassy parcel on the corner of Dewberry Avenue where Atiyeh has also proposed a psychiatric hospital, apartment complex, and most recently a Lidl grocery store.

Loading...

Load Error

The layout of the facility is essentially the same footprint as the 125-bed apartment complex that was shot down by zoners last year because it was not allowed in the city’s institutional zoning district. The personal care home would include four four-story buildings. The only addition is a single-story, 50-bed building for senior citizens with mobility issues.

Atiyeh said the rooms wouldn’t be double occupancy. If a couple needed a unit, there would be doors that could turn a unit into a suite with two bedrooms.

The planning commission gave an initial review of the plans at their meeting Thursday night.

“One of my concerns is that we just need some clarification on how do we define this as a personal care facility? It’s laid out as apartments and it has the same kind of parking you’d demand if it were apartments,” said Darlene Heller, the city’s planning director.

Atiyeh is proposing 228 spaces, though only 63 are required. He argued that most baby boomers continue to drive and there also needs to be spaces for visitors.

Heller said in her experience, parking demand is much less at a personal care home because many of the residents no longer drive.

Planners also raised concerns about green space, noting that the parking spaces back up to Center Street. Rob Melosky, chairman of the planning commission, said he was concerned about how that would look in an area he considers to be a gateway into Bethlehem’s downtown.

“I’m not asking you to

The large hospital operator HCA Healthcare Thursday said it will “return, or repay early” about $6 billion in federal stimulus money from the Coronavirus Aid, Relief, and Economic Security Act, known as CARES.

HCA, one of the nation’s biggest hospital operators, has been performing well financially and earlier this year reported a profit of more than $800 million in its second quarter thanks to CARES Act funds.

The CARES Act was designed to provide relief to providers of medical care who gain reimbursement even if patients have no health insurance coverage. Congress said the money can be used for costs related to treating Covid-19 patients or providers can use it to reimburse for lost revenue related to the pandemic.

In HCA’s case, the hospital operator said it received $1.6 billion in so-called “provider relief fund distributions” and another $4.4 billion in accelerated payments from the Medicare health insurance program for elderly Americans.

But HCA chief executive officer Sam Hazen said Thursday “the initial immediacy of the emergency has passed” so the operator of more than 180 hospitals is ready to give the money back to the government.

“With more information, and more experience managing our operations during the pandemic, we believe returning these taxpayer dollars is appropriate and the socially responsible thing to do,” Hazen said. “We greatly appreciate the CARES Act funding and the policymakers who fought hard to ensure hospitals would have the essential resources during the pandemic.”

HCA in July said it was seeing an increasing demand for elective surgeries that were cancelled or postponed as inpatient facilities across the country freed up space for patients infected with

LAKEWOOD, Ohio — Nearly two weeks after Lakewood announced it reached an agreement to part ways with Carnegie Management and Development Corporation regarding the proposed $72 million mixed-use One Lakewood Place development, city officials are talking about the decision.

“We’re paying Carnegie $255,000 to avoid future litigation, which could tie up the site for years to come,” Lakewood Mayor Meghan George said. “We believe this was in the best interest of the city.

“My focus is to ensure that we’re in the best position to move forward. The outcome of this settlement allows the city to begin a new chapter with a new developer on this site. We’re looking forward to that.”

The mayor noted the agreement includes the city retaining Carnegie-completed market studies, surveys and geotechnical reports that will provide value for any future developer.

“It’s disappointing that this partnership fell through,” Lakewood City Council President Daniel J. O’Malley said. “We wanted to have some finality about the matter, so we reached a settlement with Carnegie. It’s very important that that site not be encumbered by any litigation or potential litigation. It bought our freedom.

“You have cities that have these sites tied up for 30 years with litigation. This allows us to avoid that. We’re also conscious of the fact that lawsuits are expensive, even if you win. The settlement amount we reached with Carnegie is a fraction of what we’d likely spend on attorney fees alone.”

Located on the 5.7-acre site of the former Lakewood Hospital at the corner of Detroit and Belle avenues, One Lakewood Place included 200 apartments and 12 townhomes with retail and office spaces.

The mayor noted resetting the project could bring changes to the next development.

“This provides us an opportunity to re-examine the site,” George said. “There are some things that

Shares advanced in on Tuesday Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus.

Trump left the hospital after spending less than three days there, returning to the White House late Monday despite uncertainty over his recovery and risks that he is still infectious.

Shares rose in Tokyo, Hong Kong and Seoul.

Overnight, the S&P 500 climbed 1.8%. Treasury yields and oil all rose after Trump and House Speaker Nancy Pelosi both noted the importance over the weekend of additional support for the economy.


Australia’s S&P/ASX 200 edged 0.1% lower to 5,938.60. Later Tuesday, the treasurer was set to reveal a big spending financial blueprint for the next few years that will drive business investment and job creation while repairing pandemic damage to the economy.

The annual budget is expected to contain a wage subsidy designed to get unemployed young Australians back to work. The government also hopes to bring forward planned income tax cuts.

Treasurer Josh Frydenberg will also reveal record debt is expected to accrue in the current fiscal year through next June.

Japan’s Nikkei 225 climbed 0.5% to 23,425.91 and the Hang Seng in Hong Kong jumped 0.7% to 23,922.38. South Korea’s Kospi added 0.6% to 2,371.31.

Shares rose in Taiwan and Southeast Asia.

Overnight, the S&P 500 jumped 60.19 points to 3,408.63 amid widespread gains, with nine out of 10 stocks in the index rising. Energy producers and tech companies led the way.

The market’s rally accelerated after Trump tweeted in the afternoon that he’ll leave the hospital, though his medical team said he “may not entirely be out of the woods yet.”

The Dow Jones Industrial Average rose 1.7% to 28,148.64 and the Nasdaq composite

Stocks finished higher after President Donald Trump said he’d be leaving the hospital Monday, and on optimism over a coronavirus-relief package.

The Dow Jones Industrial Average finished up 465 points, or 1.68%, to 28,148, the S&P 500 climbed 1.8% and the Nasdaq rose 2.32%.

Leading the Dow higher were Amgen  (AMGN) – Get Report and Travelers  (TRV) – Get Report.

The president spent the weekend at Walter Reed Medical Center, recovering from Covid-19. 

While Trump’s medical team was positive about his prognosis, some observers questioned the official details of Trump’s health. Trump’s blood oxygen level had dropped twice in recent days, and doctors had given him a steroid to treat his symptoms.

But in a tweet Monday, the president said he was “feeling really good” and would be leaving the hospital at 6:30 p.m. ET.

Trump tweeted from the hospital over the weekend that “OUR GREAT USA WANTS & NEEDS STIMULUS.”

“WORK TOGETHER AND GET IT DONE. Thank you!” he added.

Renewed hopes for stimulus talks between House Democrats and the White House also were giving stocks a boost.

House Speaker Nancy Pelosi said Friday that Trump’s diagnosis “kind of changes the dynamic” of the stimulus discussions.

Asked Sunday whether the tweet from Trump meant a coronavirus relief package was near, Pelosi responded, “No, it means that we want to see that they can agree on what we need to do to crush the virus.”

“We are encouraging clients to remain invested as additional fiscal stimulus should provide continued support for equity markets,” said Frank Panayotou, managing director at UBS Private Wealth Management. 

Even with the major stock indices close to all-time highs again, we remain constructive on equity markets given the extraordinarily supportive global monetary and fiscal policy.”

Stocks ended lower Friday after