News about properties and real estate
I-Drive to land region’s first InterContinental luxury hotel [Central Florida]/a> A Fort Lauderdale developer announced plans Wednesday to build a 1,260-room InterContinental hotel on Lake Bryan about four miles from the Orange County Convention Center. The luxury hotel, which would be the largest InterContinental in the world and the first in Orlando, will be called …
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Developer follows new blueprint [South Florida] Terry Stiles is shifting his company’s focus to retail and mixed-use projects. Terry Stiles joined his father’s construction company in 1968. He didn’t make much of an impression on the office staff. “We had two carpenters, one laborer — that was me — and a 94-year-old receptionist who didn’t …
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As prices soar, some builders backing out of bargain contracts for new homes [South Florida] Most everything was in boxes as Dottie and Gary Sahadeo prepared to move out of their Coconut Creek home to a more spacious, custom-built house west of Boynton Beach. But with construction almost complete, the Sahadeos received an unwelcome call: …
Developer still seeks condo units A developer who began buying condominiums at Cape Coral’s Sunset Towers in the wake of Hurricane Charley is still trying to do so. But condo owners who threw up roadblocks to keep him out say they’re not budging on selling, even if work to repair damage from the 2004 hurricane …
Traps can lurk in tax savings on real estate Tax time provides an opportunity to cash in many of the rewards of dabbling in last year’s red-hot real estate market — but there are numerous tax traps if you sold a home, refinanced your mortgage or bought an investment property in 2005. Although the rules …
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Proposed office building sale will shatter records [New York City] The owner of two of four buildings in a Harrison office park plans to spend $35.3 million — a record-breaking $219 per square foot — to acquire one of the adjacent properties. In a deal born as much by necessity as desire, Heritage Realty Services …
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