JWU condo deal a major market sign

FINDING A HOME: Johnson & Wales University’s new lease at Capitol Cove comes as the school continues to expand downtown. / PBN PHOTO/BRIAN MCDONALD
FINDING A HOME: Johnson & Wales University’s new lease at Capitol Cove comes as the school continues to expand downtown. / PBN PHOTO/BRIAN MCDONALD
In every way but one, Capitol Cove in Providence was finished at the worst possible moment for a condominium complex. When the sales office opened in late 2008, the real estate market had recently collapsed, there was a credit crisis and politicians in both parties were debating ways to head off a depression. The lone…
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