Do you recall the TV sitcom “The Jeffersons” with a family that was “moving on up to a deluxe apartment in the sky”? Well, the Saudi Arabian organizers of the 2034 World Cup are going one better – they’re moving on up to a deluxe soccer stadium in the sky. AS USA...
The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...
A 175-year-old family-owned farm in Cranbury, New Jersey, that was threatened with eminent domain seizure by township officials eager to use the land for affordable housing was spared from takeover after Gov. Phil Murphy intervened in the case. In a statement, the...
A Manhattan luxury tower is falling apart, Jamie Dimon is going to the Smithsonian, and who’s photographing the East Wing demolition? From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 20-24. Miss: Don’t Look Up. One...
General Dynamics Electric Boat, the submarine manufacturing division of the aerospace and defense contractor General Dynamics (NYSE: GD), today announced it has acquired nearly all the mostly vacant Crystal Mall in Waterford, Connecticut. The acquisition encompasses...
The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...