Kevin Shalvey
Retailers guarded despite early rush
At Providence Watch Hospital, a glass case-lined watch retailer and repair shop in Cranston, Service Department Manager Gail Bourassa wasn’t as busy as she’d...
Slumping economy won’t block new school in E.G.
Even in a down economy, voters in East Greenwich last month decided to take out a 30-year, $52 million construction bond to build a...
Commercial, industrial markets slowed in state
Edward O. “Ned” Handy, president of commercial real estate finance at Citizens Bank, last week said his bank is still well-capitalized despite the economic...
Despite poor economy, jobs unfilled
At Décor Craft Inc., a Providence-based wholesaler of knickknacks, designed gifts and holiday goods, founder and Managing Director Roni Kabessa has been trying to...
Five Questions With: James Karam
In June 2007, First Bristol Corp. founder and President James J. Karam announced the $17 million redevelopment of Providence’s St. Francis Chapel into a...
Escrow firm president admits to fraud
PROVIDENCE – The president of a real estate closing escrow firm this week pleaded guilty to one federal count of wire fraud, admitting that...
West Elmwood Housing gets $1.6M for complex
BOSTON – The West Elmwood Housing Development Corporation has been awarded a $694,110 grant and subsidy, along with an $857,642 advance, for the historic...
PHA director calls for housing funds
PROVIDENCE – Providence Housing Authority Director Stephen O’Rourke last week urged Rhode Island’s congressmen and President-elect Barack Obama to include $5 billion in public-housing...
Providence-area home prices drop 12.57 percent
SACRAMENTO, Calif. – September home prices in the Providence-New Bedford-Fall River metro fell by 12.57 percent year-over-year, a steeper decline than the national drop...
October house sales in R.I. rise 11% <br> as prices fall 15.3%,...
BOSTON – Although October single-family home sales in Rhode Island rose 11 percent compared with a year earlier, giving the Ocean State its first...
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