The Connecticut state government has formally declined to devote taxpayer funds for the construction of a minor league soccer stadium in Bridgeport, the state’s most populous city. CTInsider reports Economic Development Commissioner Daniel O’Keefe confirmed that state...
The Wendy’s Co. (NASDAQ: WEN) is planning to close several hundred US restaurants after reporting a dismal fourth quarter financial performance. The Associated Press reports the Dublin, Ohio-headquartered company experienced a 10% year-over-year decline in its global...
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 9-13. Miss: A Problem, Not a...
Massachusetts Gov. Maura Healey has issued an executive order to study allowing single stair construction in some residential buildings, with the goal of changing the state’s building code to increase housing production and lower costs. The state’s building code...
A grassroots effort to overturn the 14.65% property tax hike approved last December for Utah’s Salt Lake County has failed. The Salt Lake Tribune reports the group Ax the Tax sought to collect petition signatures that would have placed the property tax overturn on...
The real estate investment and development firm Leyad has acquired St. Vital Centre, the Winnipeg shopping center, for $160.5 million. St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. It attracts 8...
Hits and Misses for the Real Estate Week of June 15-19
