• 21 Oct 2009 /  Uncategorized

    The Meta Foundation presents its annual Harvest Moon Gala to celebrate achievements and raise funds for children, youth and adult services

    Toronto, October 19, 2009 – This year an exciting and rich marketplace offering exclusive products will complement the traditional live auction to raise funds during the 2009 Harvest Moon Gala. Guests also have a chance to win the Grand Prize Draw – a two-year lease of a 2010 Ford automobile.

    This year’s Gala will feature a special memorial presentation to honour the many achievements and tireless dedication of Mimma Regina, late founding Executive Director of the Meta Centre.

    “Mimma was the driving force for the Foundation and the developmental services community,” says Lu Galasso, Meta Foundation Board of Directors President . “Her determination to help people with special needs achieve a better life will continue guiding our efforts. We count on the community to help the Meta Foundation raise the much-needed funds that will ensure the continuity and growth of the support services she worked so hard to nurture. ”

    When:             Sunday November 1, 2009

    Where:           The Terrace Banquet Hall

    1680 Creditstone Road, Vaughan

    Tickets:         $150 each / $1,500 table

    Program:

    4 pm-10 pm –          marketplace

    4 pm-5:30 pm –       cocktails and antipasto bar

    5:30 pm –                 tribute to Mimma Regina

    performance by Meta Centre participants; performance by 2009 Juno Award winner, Humble

    6:30 pm – live auction and dinner. Funds raised during the 2009 Harvest Moon Gala will go towards supporting and expanding the services provided by the Meta Centre at the Vaughan, Richmond Hill, Toronto and Scarborough locations.

    The event is being hosted by the ZZEN Group of Companies.

    About Meta Centre

    The Meta Centre was founded in 1986 and has since grown to provide services including four day programs and l 16 residences located in Toronto, Scarborough, Richmond Hill and Vaughan.

    The Meta Centre helps more than 500 children, youths and adults with special needs by providing services tailored to meet individual needs and choices. We also provide services to individuals who have autism and/or multiple disabilities. We strive to achieve an environment that respects individuality and maximizes decision-making.

    The Meta Centre believes all individuals have the right to live, work and enjoy recreational activities in their community.

    Media Contact:

    Ruth Sandland 416-736-0199 ext 329

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  • 21 Oct 2009 /  Uncategorized

    The following was an article published in Newsblaze.com on September 24,2009 in regards to the progress of the New Marriott branded residence project:

    BASSETERRE, St. Kitts and Nevis (EWORLDWIRE) Sep 24, 2009

    Royal St. Kitts Beach Resort Ltd. (”the Developer”) commemorated today the next step in the development of the Marriott Residences, St. Kitts, a whole ownership/residential project for which Century 21 Island Realty has been named as the exclusive sales agent, with the demolition of an unfinished building/structure on the property. The event marks the progress towards a new 30-acre, multi-phase project that will be integrated with the existing St. Kitts Marriott Resort.

    Royal St. Kitts Beach Resort Ltd., which is currently the single largest private investor in the tourism industry in St. Kitts, through its affiliate, secured the licensing for the Marriott Residences, St. Kitts, from Marriott International earlier this year. The branding acknowledges the confidence that Royal St. Kitts Beach Resort Ltd. and Century 21 Island Realty have in the Federation of St. Kitts and Nevis, and in its people. Each phase of the proposed development will comprise a stand-alone building of approximately 100,000 square-feet, offering a variety of floor plans – from studio units of 700 square-feet to a four-bedroom penthouse of 3,500 square-feet.

    “We are pleased to mark the next step in the progress of the development of the Marriott Residences, St. Kitts with the demolition of an unfinished structure on the property,” stated Mr. Lu Galasso, who spoke on behalf of Vic De Zen and his partners. “This proposed project is a natural extension to the existing St. Kitts Marriott Resort and the Royal Beach Casino. The St. Kitts traveler will have access to a full scope of Marriott-branded products in one complex, ranging from a short stay of several nights at the hotel, to timeshare, to whole ownership.”

    The Developer is also pleased to announce that a member of the world’s largest real estate sales company, Century 21 Island Realty, is on board to handle the sales and marketing of The Residences. Mr. Nigel Rawlins, country manager, Century 21 Island Realty, stated, “Many dream of owning a home in the Caribbean, and the Marriott Residences St. Kitts is the ideal choice. St. Kitts offers great value in square-foot pricing, spellbinding beaches, rich rainforest, exciting nightlife, peace, tranquility and a relaxed pace. We also have great weather, direct flights from all major markets worldwide, duty-free shopping, available Economic Citizenship with the purchase of a residence, attractive tax advantages and most importantly a rich history and stable democratic government. It also helps that the country has been rated one of the top ten locations in the world to own a second home.”

    Mr. Daunesh Alcott, head broker, Century 21 Island Realty, stated, “The Marriott Residences St.Kitts is the most exciting whole ownership project in the northeast Caribbean and a fantastic opportunity. We are offering competitively priced one, two, three or four (Penthouse) bedroom condominiums with golf course or ocean views. Residence owners may enjoy the convenience of the St. Kitts Marriott Resort, which is rich in amenities including a variety of restaurant experiences and themed lounges, three pools, full-service spa and fitness center, tennis courts, concierge services, in-residence dining, retail area, and a casino. Add access to Royal St Kitts Golf Course on-site and a beautiful beach, and owners will have the perfect resort residence to call ‘home’.”

    For more information on the Marriott Residences St. Kitts, visit MrStKitts.com “> or call Century 21 Island Realty (869) 466-8000.

    ABOUT ROYAL ST. KITTS BEACH RESORT LTD

    Royal St. Kitts Beach Resort Ltd. is developer and owner of the St. Kitts Marriott Resort & Royal Beach Casino. The resort and casino offer an unparalleled island vacation experience including luxury guest rooms trimmed with West Indian accents and cutting-edge comforts. That same Caribbean flavor sets the tone in the resort’s eight restaurants and three lounges.

    For those who enjoy games of chance, the resort offers the 35,000 square-foot Royal Beach Casino, one of the largest and most luxurious in the Caribbean. The Emerald Mist Spa includes men’s and women’s saunas, hot and cold tubs, and relaxation lounges. The resort also boasts a championship course at the Royal St Kitts Golf Club.

    Whether guests are hitting the links or splitting aces, easing their mind and spirit or pleasing their palate, they seem to find just what they need from an inspiring St. Kitts vacation at the St. Kitts Marriott Resort & Royal Beach Casino.

    CENTURY 21 ISLAND REALTY

    Century 21 Island Realty provides real estate services for St. Martin, St.Maarten, St. Kitts, Nevis, Saba, Statia, and Anguilla. Whether a first-time buyer or experienced real estate investor, Century 21 Island Realty has the information everyone needs on home buying, home selling, financing, and owning real estate in the islands in the Dutch West Indies, French West Indies, British West Indies, and the Netherlands Antilles. For more information, visit Century21IslandRealty.com “>.

    ABOUT CENTURY 21

    Century 21 Real Estate LLC “> is the franchisor of the world’s largest residential real estate sales organization, providing comprehensive training, management, administrative and marketing support for the CENTURY 21 System. The System is comprised of more than 9,000 independently owned and operated franchised broker offices in 64 countries and territories worldwide. Century 21 Real Estate LLC is a subsidiary of Reality Corporation, a global provider of real estate and relocation services.

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  • 04 Aug 2009 /  General

    The following article discusses Vic De Zen’s possible re-entry into the business world and how this is going to negatively impact the GGC (Georgia Gulf Corporation) who had bought out De Zen’s previous company, Royal Plastics. If De Zen does return and forms his own company this is going to be a potential threat to the GGC because De Zen is experienced in every aspect of business from purchasing to marketing to operations and even technology.

    Return of De Zen Master Page Two

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  • 04 Aug 2009 /  St. Kitt's

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  • 17 Jul 2009 /  St. Kitt's

    This article was taken from www.nevisblog.com and discusses Luciano (Lu) Galasso’s involvement with the project, the benefits of this project for St. Kitts and outlines the development itself.

    Century 21 To Market St. Kitts Marriott Condominiums

    Century 21 Group Signs Agreement With Marriott

    Century 21 Group Signs Agreement With Marriott
    Photo By Erasmus Williams

    Basseterre, St. Kitts

    Resort Acquisitions and Developments Ltd, owners of the former Angelus Property, has signed a Residential Marketing License agreement with Marriott Worldwide Corporation thereby branding the new project as the “The St. Kitts Marriott Condominiums.”

    The first phase of the project, at a cost of which will cost US$125 million, will see the construction of four buildings comprising 270 units on the 10-acre site of the former Angelus Resort. The company also owns an additional 12 acres adjacent to the St. Kitts Marriott Beach Resort and Royal Beach Casino, the Marriott Vacations Club and the Royal St. Kitts Golf Course.

    “This branding indicates the ongoing confidence of the Marriott Organization in the people and Government of the St. Kitts and Nevis as it continues to support the development on the Island of St. Kitts,” the company said in a statement following the signing of the agreement with Century 21 Island Reality on Wednesday.

    According to the statement, it allows the existing Marriott Resort complex to be complimented with a whole ownership component as having a whole ownership product, together with a hotel, and the Marriott Vacation Club’s fractional ownership component, will allow the St. Kitts Marriott Resort and The Royal Beach Casino to compete on a worldwide basis.

    Although they have several offices throughout the North Eastern Caribbean, Century 21 Island Realty is a new member of the St. Kitts business community, having recently opened an office in Port Zante.

    “We welcome them and wish them great success on St. Kitts and with the St. Kitts Marriott Condominiums,” said the statement.

    President of Operations at Century 21, Mr. Daunesh Alcott, who signed on behalf of the company expressed excitement with the investor-friendly climate in St. Kitts and the development projects that are moving full steam ahead.

    The Marriot Condominiums, with all of its already-built amenities and impeccable reputation, will certainly be one of the most sought after residences for buyers who wish to live or invest in St. Kitts.  I also believe that having the largest real estate company in the world, Century 21, affiliated with the Marriott Condominiums will be great for both organizations,” said Alcott.

    He added that it will provide potential buyers with an extra level of comfort and security when purchasing these great new condos.”

    Century 21 Country Manager, Kittitian-born Mr. Nigel Rawlins said both companies have a long and storied tradition, and consumers recognize both brand names worldwide.

    “We are putting the finishing touches on the website and collateral materials and look forward to releasing more information about this great project shortly.”

    Lu Galasso, who signed on behalf of the St. Kitts Marriott Condominiums, expressed thanks on behalf of Mr. Vic De Zen, acknowledged that the expansion of the existing Resort with the whole ownership product, The St. Kitts Marriott Condominiums, will complete the product offering at the Resort.

    Mr. De Zen and his partners are the largest single investors in the tourism industry in St. Kitts, and this new development reiterates their commitment to the expansion of the tourism industry in the Federation.

    The first phase of this expansion will encompass 10 acres of the former Angelus property and the development cost is estimated to be in excess of US$125,000,000.

    Witnessing the signing ceremony were St. Kitts and Nevis Prime Minister and Minister of Tourism, Hon. Dr. Denzil L. Douglas; Attorney General and Minister of Justice and Legal Affairs, Dr. the Hon. Dennis Merchant; Chief Secretary, Mr. Joseph Edmeade and Mr. Gino Minicucci of Royal Beach Development.

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  • 13 Jul 2009 /  St. Kitt's

    Lu Galasso & St Kitts Government Officials

    BASSETERRE, St. Kitts – The demolition of a building on the former Angelus Resort property yesterday (July 10) marked the first step in the development of a residential project undertaken by the developers of the Royal St. Kitts Beach Resort Ltd.

    The single largest private investor in the tourism industry in St. Kitts, The Developer, secured the licensing for the project from Marriott International earlier this year, and has named Century 21 Island Realty as the exclusive sales agent for the project. The new project, dubbed Marriott Residences, is a whole ownership residential project to be developed on the 30-acre site of the former Angelus Resort and is to be integrated with the existing St. Kitts Marriott Resort.

    Each phase of the proposed development will comprise of a stand-alone building of approximately 100,000 square feet, offering a variety of floor plans from studio units of 700 square feet, to a four-bedroom penthouse unit of 3,500 square feet.

    During a brief demolition ceremony held yesterday, Lu Galasso, speaking on behalf of owner Vic De Zen and his partners, said he is pleased to mark the next step in the progress of the development of the Marriott Residences with the demolition of the unfinished building structure on the property.

    He added that the branding of the product acknowledges the confidence that The Developer, the Marriott and Century 21 Island Realty have in the Federation, despite the challenges facing the two islands due to the global financial crisis.

    “This proposed project is a natural extension to the existing St. Kitts Marriott Resort and Royal Beach Casino. The St. Kitts traveler will have access to a full range of Marriott branded products in one complex, ranging from a short stay of several nights at the Marriott hotel, to fractional ownership of a week or more at the Marriott Vacation Club International, to a whole ownership experience with the Marriott Residences,” Galasso said.

    Prime Minister of the Federation Hon. Dr. Denzil Douglas said the demolition ceremony reaffirms a pledge he made to himself several years ago to strive to promote beneficial initiatives regardless of the immediate circumstances. He added that as the region struggles, especially with tourism developments, the nation is moving forward with much promise.

    “Logic and reason and all the evidence throughout the region tell us that new projects are simply not on the cards and that major tourism projects are contracting…definitely not expanding. Yet, here we are today on the threshold of yet another chapter in the partnership between the Marriott Hotel, the Government and people of St. Kitts-Nevis. This is a chapter that I welcome.”

    Douglas, who also serves as Minister of Tourism, said the partnership between the Government and De Zen has been one of mutual benefit. He noted that to the developer the islands represent good investment opportunities while, to the Federation, the developers represent jobs and economic stimuli.

    He stressed that he can envisage only benefits and opportunities coming out of the new Marriott-branded initiative.

    “I look and I do not see a building that is to be demolished. I see hundreds of jobs. I look and I see contracts for our local entrepreneurs. I look and I see an expanded market for our farmers, opportunities for our florists, greater demand for our taxi operators and car rental agencies,” he said.

    Ownership of the Angelus property had caused controversial legal battles in the past after the Government had moved to acquire the property from fraudulent owners. The Royal St. Kitts Beach Resort Ltd. subsequently invested US $125 million to acquire the property on April 17 of this year.

    According to the Prime Minister, an agent from the Resort Acquisitions and Developments Ltd. is in contact with the former owners to see how best they can be compensated.



    Article courtesy of http://www.sknvibes.com

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  • 09 Jul 2009 /  EOH Meta Foundation
    Lu (Luciano) Galasso was involved with the Meta Foundation even prior to his Presidency. His support and contributions even date back to the year 2000 when Lu (Luciano) Galasso submitted an article to the EOH Meta Foundation Journal where he used his knowledge of finances in order to assist caregivers in manage their finances in terms of tax credits. It outlines the 2000 Federal Mini Budget that addresses disability, medical tax credits, attendant care and child care deduction in simplified terms. The article is as follows.

    Disability credits and deductions enhanced by the federal budget

    Submitted By Lu Galasso

    The 2000 Federal Mini Budget enhanced the disability, and medical expense tax credits. as well as the attendant care. and child care deduction. The Budget proposals are outlined
    below.

    Disability Tax Credit

    Currrently the disability tax credit is available only to an individual who is unable. or who requires an inordinate amount of time. to perform one of a prescribed list of basic
    activities of daily living, even with the aid of therapy and the use of appropriate devices and medication. The Budgetproposes to extend the benefit of the disability tax credit to those individuals who are capable of performing a basic activity of daily living only with the aid of therapy. In order to qualify for this extension. the therapy must be (i) essential to sustain a vital function of the individual. (ii) required to be administered at least three times weekly and for a period averaging at least 14 hours, and (iii) other than the kind that would be beneficial to people who are not so impaired. The Budget proposes toincrease tax relief to relatives of a child with a disability under the age of 18 by providing a supplement of $2,941. to be added to the existing credit that may be claimed in respect of the child. The amount of this supplement is to be reduced by the amount by which the total of the child care and attendant care expenses claimed for the year in respect of the child exceeds $2,000. While the basic disability credit is not refundable to the taxpayer. the unused portion of the individual’s disability tax credit may be transferred, under certain circumstances. to the individual’s spouse or to a supporting indi vidual. The Budget proposes to broaden the spectrum of relatives to whom the unused portion may be transferred to include the brother. sister. aunt. uncle. nephew or niece of the individual or of the individual’s spouse.

    Medical Expense Tax Credit

    The Budget proposes to broaden the categories of medical expenses that are eligible for the medical expense tax credit, effective for the year 2000 and subsequent taxation
    years. Under the proposed changes, certain individuals who support a related person who lacks normal physical development or has a severe and prolonged mobility impairment may claim the medical expense tax credit for the portion of reasonable expenses related to the additional costs incurred in the construction of their principal place of residence to enable the person with a disability to have access to, or to function within the home. This tax credit directly reduces the amount of tax payable by the supporting person by 17% of the construction expense in excess of the lesser of 3% of the income of the individual claiming the expense and $1,637.

    Attendant Care Expenses

    For taxation years after 1997. a person with a disability could deduct the full cost of attendant care expenses incurred to allow the person to work, up to a maximum of two-thirds of his or her income. (In 1998. a $5,000 “cap” on the deduction was removed.) The Budget proposes to extend the deduction to individuals who incur the expenses in order to attend a designated educational institution or a secondary school. Where an individual attends school, the amount deductible will be capped at two-thirds of the individual’s earned income for the year plus two-thirds of the lesser of (a) the amount by which the individual’s income otherwise determined for the year exceeds hislher earned income (up to a maximum of $15,000), and (b) $375 multiplied by the number of weeks the individual attended the institution or school.

    Child Care Expense Deduction

    The Child Care Expense Deduction (”CCED”) was introduced in 1971 and was originally intended for oneparent families only. The Sub-Committee on Tax Equity for Canadian Families with Dependent Children recommended that the government review the CCED to ensure it effectively met its policy objectives. Instead of any fundamental change to the deduction, the Budget proposes an increase to the amount deductible in limited circumstances – the maximum annual deductible amount is increased to $10.000 from $7,000 for the year 2000 and subsequent years in respect of a child for whom a disability tax credit may be claimed. The Budget proposals are welcomed and will assist in defraying the costs of medical and artendent care for both children and adults.

    If you would like to see an updated version of the EOH Meta Foundation Journal you can find the pdf version here (adobe acrobat or preview may be required): www.metacentre.ca/images/Journal%20September%202008.pdf

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  • 29 Jun 2009 /  EOH Meta Foundation

    On Sunday, June 7th 2009, the EOH Meta Foundation held its 8th annual Family Walk and Run. The fundraiser was a great success and at the end of the day the Foundation managed to raise an impressive $135,000 for the Meta Center.

    Pictured below is Meta Foundation Staff, volunteers along with President Lu (Luciano) Galasso and Vic (Vittorio) De Zen who is a Diamond level supporter of the organization. Also in the photo is Toronto Maple Leafs goaltender, Curtis Joseph.

    If you would like to support the Meta Foundation please visit http://www.metafoundation.ca/donate.html for more information about how to donate.

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  • 29 Jun 2009 /  General

    Lu Galasso, who was born Luciano Galasso, is currently the President of the Meta Foundation and is also currently involved in a project with Vic De Zen and the Royal Beach Casino Development in St. Kitt’s.
    The Meta Foundation, located in North York, Ontario, is a non-profit charitable organization that was established in 1986 in order to assist in providing care and services to children and adults with special needs. The Meta Foundation also looks to assist with the inclusion and integration of a variety of ethnocultural communities into Canadian society.
    The Royal Beach Casino Development in St. Kitt’s is a special project because not only is it providing beautiful properties for consumers to purchase but it is also helping to boost the St. Kitt’s economy. Lu Galasso is a Canadian citizen, making his commitment to the expansion of the tourism industry in St Kitt’s even greater.
    For more information on the Meta Foundation please visit http://www.metafoundation.ca/home.html <http://www.metafoundation.ca/home.html>
    To take a look at the Royal Beach Casino please visit http://www.royalbeachcasino.net/ <http://www.royalbeachcasino.net/>

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