News about properties and real estate
Post-boom hangover lingers [South Florida] The first thing you notice as you drive the hundreds of miles of crumbling roads in this once rapidly growing city is the enormous number of “For Sale” signs. Every 9th or 10th house is either listed for sale or will be as soon as foreclosure proceedings are concluded. All …
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Getting Away by Pressing the ‘Up’ Button [New York] “In many of these high-rise buildings,” Mr. Bedoya said, “there are fewer apartments the higher up you go, so it feels a bit more private and exclusive. And the views are certainly something that people value. When you’re entertaining, everyone is always impressed by a lot …
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Fort Lauderdale’s Las Olas Centre sold [South Florida] The owner of Chicago’s Prudential Plaza and Washington’s Watergate building said Friday it bought Fort Lauderdale landmark Las Olas Centre, an office-retail property with notable tenants such as Jackson’s Steak House and Huizenga Holdings Inc. Real estate investment firm BentleyForbes LLC of Los Angeles did not disclose …
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Condo may be on city property [Tampa Bay Area] Developers have spent more than a year constructing a $100-million high-rise condominium and retail complex in downtown Clearwater. But they may be building on some city-owned property. And that isn’t good, it seems, for anyone – the developer, the city, a local church, a title insurance …
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Ruling favors condo builder Trying to back out of a pre-construction purchase on a condo? If you’re rich, forget it. But if you have money troubles, it might be easier to do. That’s the finding of a Palm Beach County Circuit Court judge, who earlier this month ruled that a buyer could not back out …
Sinkhole problems driving family toward foreclosure Nicole Stotz’s patience is broken. The same goes for her terrazzo floor and stucco walls. You can see the cracks. Two years after moving into her one-story home along Pinehurst Drive, sinkhole conditions have caused her abode to show signs of ruin. “I didn’t want to move before,” Stotz …
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