News about properties and real estate
Philadelphia Growing Up with a Slew of High-Rise Projects Until the 1987 opening of Murphy/Jahn’s 945-foot One Liberty Place, Philadelphians passionately defended an unwritten agreement limiting city building heights to below the hat topping the statue of William Penn atop City Hall. By 1991, four years after One Liberty Place opened, seven other office towers …
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Wilma drubs used-home sales Hurricane Wilma’s late-October winds pushed existing-home sales in the Treasure Coast to a double-digit decline last month, but prices continued their strong advance, a Florida Association of Realtors report released Monday shows. With the Treasure Coast dodging Wilma’s most punishing blows, home sales in Martin and St. Lucie counties experienced less-severe …
Investor bullish about economy, but fears storms Real estate investor and serial entrepreneur Mark Famiglio owns almost 500,000 square feet of commercial office, warehouse and retail space in Manatee County. He is also a co-owner of the one of the fastest growing technology companies in Southwest Florida — CopyTalk, which turns phone messages into e-mails.
Town of eight welcomes real estate boom This incorporated town along State Road A1A about halfway between Jacksonville and Daytona Beach used to be known as a tiny town where dolphins outnumbered people. But a planned development of more than 270 homes — plus commercial space and possibly a hotel — could boost the town’s …
Doughnuts, real estate and prayers When there’s a hot business opportunity or a smoking real estate deal in Southwest Florida, local bankers and brokers grab their BlackBerrys to speed-dial a short-list of hometown movers and shakers: the ones with the inclination, credibility and wherewithal to jump on a deal.
Season for bargains Cold months are a good time to get a deal on a house As the slower fall months arrived, however, the asking price of the Barbour Manor house fell more than $10,000 from the original $225,000. The Prices negotiated the cost down even further — and they had their house in September.