News about properties and real estate
Gainesville developers upgrade their condo plans [North Florida] Gainesville developers are updating their plans to make the city taller. Building planners for University Corners and Gainesville Greens are increasing the facilities, space and cost of their multimillion dollar projects. University Corners announced changes in their $185-million plan late November. They told the city they would …
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Pritzkers put Presidential Towers on the block [Chicago] Complex likely to sell for $450 million or more in big payday for Pritzkers. Eleven years after bailing out the Presidential Towers apartment complex, Chicago’s billionaire Pritzker family is selling the 2,346-unit West Loop property, which could fetch $450 million or more. Built with public subsidies in …
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Condo Hotels Imagine a vacation home complete with 500-thread-count linens on plush mattresses, daily maid service, and a 30-treatment spa. Hotels have rolled out condos at an increasing clip over the last several years, tempting buyers with amenities, hassle-free ownership and the potential for regular rental income, all rolled into one sleek package with a …
Trailer park sold, but no big changes planned — yet [South Florida] The owner of a dilapidated trailer park has sold the property to pay off her debts. Though nothing is changing for now, the new owners said they will consider building low-income housing on the site in the future. Little Farm Trailer Park, a …
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Renter’s insurance advised for scatterbrained cooks Must tenant without coverage pay for fire damage? DEAR BOB: I rent an apartment in a large complex. About six months ago, I accidentally let my dinner cooking on the stove get overheated. It caused a fire that resulted in about $15,000 damage to my apartment. Fortunately, nobody was …
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Only the Strongest Survive [New York City] Although qualifying to rent an apartment in New York City is not yet as tough as winning admission to Harvard or Yale, it increasingly feels that way to a large contingent of aspiring tenants — even if they actually attended Harvard or Yale and easily passed muster with …
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