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October 11, 2008 5:04:12 PM CDT

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Stories related to: real estate development

Stories

7 Stories

  • September 2008

    • Hathaway's Ex Considers Copping Plea

      Wall Street Journal  |  Sep 9, 08 10:31 AM CDT

      Hathaway's Ex Considers Copping Plea

      (Newser) - Italian entrepreneur Raffaello Follieri may plead guilty as soon as today to fraud and money-laundering, the Wall Street Journal reports. Anne Hathaway's ex could still opt for a trial. He faces federal charges that carry a sentence of up to 5 years, even with the plea deal, but the government's case is hardly airtight: the main victim of his scam, celebrity billionaire Ron Burkle, has already settled his civil suit against Follieri. More »

      Tags

      Catholic Church  • fraud  • Vatican  • money laundering  • Ron Burkle  • real estate development  • Anne Hathaway  • Raffaello Follieri

    • Rent-to-Own Leases Help Fill Up Condos

      Boston Globe  |  Sep 2, 08 9:04 PM CDT

      Rent-to-Own Leases Help Fill Up Condos

      (Newser) - The credit crisis landed the housing market on shaky ground, but condo developers are attracting cash-strapped buyers by offering them rent-to-own leases, the Boston Globe reports. The deal allows would-be homeowners to rebuild their credit and test out conditions, while developers make money on properties that otherwise would be empty. “It can be a real win-win,” says a real estate marketer. More »

      Tags

      housing market  • credit market  • rent  • real estate development

  • July 2008

    • Rat's Nest of Urban Politics Behind Philly's 'Big Stall'

      Philadelphia Inquirer  |  Jul 17, 08 3:50 PM CDT

      Rat's Nest of Urban Politics Behind Philly's 'Big Stall'

      (Newser) - Lamenting the lack of progress in another urban redevelopment project, Karen Heller takes aim at the Pennsylvania Convention Center expansion in the Philadelphia Inquirer . The Center expansion has been in the works since 1993, spurring numerous building demolitions, but few new constructions: in short, North Broad Street, advertised as a coming “avenue of the arts” is closer to “the Boulevard of Parking.” More »

      Tags

      Pennsylvania  • Philadelphia  • budget  • Ed Rendell  • real estate development  • urban revitalization  • urban development

    • Chicago Transit Explores Groceries in Train Stations

      Chicago Tribune  |  Jul 17, 08 2:00 PM CDT

      Chicago Transit Explores Groceries in Train Stations

      (Newser) - The Chicago Transit Authority is looking make more money from the real estate it owns, and is investigating installing grocery stores and restaurants inside “L” (elevated train) stations, the Tribune reports—with the agency hoping to generate $100 million over the next 5 years from such commercial development. "People could get off directly inside the grocery store and go shopping without ever going outside," one official says. More »

      Tags

      real estate  • retail  • subway  • real estate development  • commercial real estate  • Chicago Midway Airport  • Chicago Transit Authority

  • June 2008
  • April 2008

    • Condo-Hotel Bubble Pops, Splatters Many

      Wall Street Journal  |  Apr 5, 08 12:12 PM CDT

      Condo-Hotel Bubble Pops, Splatters Many

      (Newser) - Condo-hotel rooms were a hot buy at the height of the housing boom, but marketing them as investments that would pay out every time they were occupied could come back to haunt developers, the Wall Street Journal reports. As business sours, buyers who find themselves making mortgage payments on empty rooms are suing to get refunds. More »

      Tags

      SEC  • real estate  • hotel  • condominium  • real estate development  • MGM Grand

  • July 2007

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