News about properties and real estate
‘Spoiled rich kid’ developer says he’s no devil, but cares At 33, the self-assured British-born Thanos Papalexis harbors no illusions about who he is. Units he is buying for $350,000 to $600,000 will be reconfigured and resold for $1.5 million to $2 million, with an expansive penthouse being reserved for a buyer who truly believes …
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Disputed lake lots still tied up in court The war on Lawson Drive in Forsyth County did not end with the infamous federal court case forewarning those who encroach on U.S. Army Corps of Engineers property. A storm cloud of legal battles and bad blood still hovers over the Lake Lanier peninsula, though the court …
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‘STICKER SHOCK’ Florida homeowners face soaring insurance costs, with no sign of relief in the forecast. When Derek and Alexandra Donovan fled frigid Buffalo, N.Y., last year, they looked forward to what they thought would be a cheaper cost of living in Manatee County. While the two master hairstylists were happy with the price of …
Notorious landlord dumping properties [South Florida] Steven Green, who is known for the many code violations at his apartment complexes, has sold eight of them. One of Tampa’s most notorious and shrewd landlords has been busy unloading many of his local properties. In recent months, companies owned by New York real estate investor Steven Green, …
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Condo Sales, With a Catch – New York Times Imagine signing a contract to buy your very first apartment, a studio high above Herald Square in the heart of Manhattan, but at 25 percent below the usual market price. It was a dream that came true a few weeks ago for Daniel A. Montaña, a …
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New owners want to raze Las Olas Riverfront, replace it with condos and shops [South Florida] The new owners of Las Olas Riverfront — a $55 million bar-restaurant-movie complex on the river downtown — plan to demolish it. Deerfield Beach-based Boca Developers Inc. is considering tearing it down and starting over, city officials confirmed. Executives …