Real Estate
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(Updated, 6:30 p.m.) One of the narrowest and most endangered buildings in downtown Providence has a new lease on life. The city announced Tuesday that it has transferred the vacant George C. Arnold Building on Washington Street to a private partnership working with the Providence Revolving Fund to rehabilitate it. more
Alex and Ani LLC CEO Giovanni Feroce has purchased a Newport mansion for $6.8 million, the jewelry company announced Friday. more
The construction and operation of wind turbines in Rhode Island does not depress nearby property values, according to a study by University of Rhode Island economist Corey Lang. more
The R.I. Division of Taxation on Monday identified the first three projects to sign contracts under the state’s revived historic preservation tax credit program. more
Three real estate developers have responded to a city request for qualifications to find a credible partner to work with on the redevelopment of the 7.4-acre vacant lot at 45 Division St. south of the new Pawtucket River Bridge. more
The Arcade Providence’s first microloft tenants moved in on New Year’s Eve, almost two years after owner Evan Granoff announced his $7 million plan to renovate the historic building known as one of the country’s first indoor shopping malls. more
The Dean Hotel on Fountain Street opened its doors to guests for the first time last Friday in what was described as a “soft opening” of the new boutique lodging house. more
Does Rhode Island need a new industrial park? more
The stains and chips in the façade of Providence’s “Superman Building” become more noticeable with each year of deferred maintenance and emptiness. more
The R.I. Office of the Attorney General has agreed to buy an office building at 180 South Main St. for $3.4 million, state officials said Monday. more
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