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Mary MacDonald

Mary MacDonald
Mary MacDonald joined the Providence Business News as a staff writer covering Government, Development, Real Estate and Manufacturing in December 2014. She previously was a correspondent for The Boston Globe and Telegram & Gazette, an editor at Patch/AOL, and a staff writer for the Atlanta Journal-Constitution. She has a bachelor’s degree in journalism from Michigan State University, and a master’s degree in secondary English from the University of Massachusetts Amherst.
"We have a real lack of good, quality inventory for sale or lease. There is no new speculative construction, both due to the high cost of construction and the low lease rates for these properties."

Five Questions With: Mike Giuttari

(Updated, 10:23 a.m.) Mike Giuttari, president of MG Commercial Real Estate Inc., leads one of Rhode Island’s largest commercial real estate brokerage firms. The company...
THE PROVIDENCE Neighborhood Revitalization Act would provide tax relief to developers, entrepreneurs or investors who build new construction or who rehabilitate vacant properties in specific neighborhoods.

Program looks to boost investment

PROVIDENCE – City leaders have proposed a new tax incentive program to spur investment in some of Providence’s poorest neighborhoods. The Providence Neighborhood Revitalization...
THE DEVELOPER OF THIS student housing project in the former Interstate 195 land in Providence has been granted three extensions to finalize its purchase of land in order to come to a tax stabilization agreement with the city. The new proposed agreement between the city and state could pave the way for the Friendship & Clifford project to proceed. / COURTESY PHOENIX PROPERTY CO.

Tax deal between city and state for former I-195 land moves...

PROVIDENCE — The city has begun reviewing a two-tiered proposal for standardized agreements for tax incentives in the Interstate 195 redevelopment district, including a...
THE NUMBER of pending sales, as measured by houses under contract, rose 12.5 percent in May, to 1,755 houses.

Realtors: Single-family home sales up in May

WARWICK – Year-over-year sales of single-family homes in the Ocean State rose 6 percent in May, and pending sales climbed as well, an indication...
FRESH COAT: Robert O'Donnell, president and owner of E.F. O'Donnell & Sons, in front of the $800,000 Grace Episcopal Church project his company is currently working on in Providence. The company's work is mainly focused on restoring buildings back to their original look. / PBN PHOTO/MICHAEL SALERNO

Peeling away the years

There was a time when E.F. O'Donnell & Sons Co. Inc. was known for painting and refinishing commercial office space. Before that, most of...

Five-eatery Newport food tour

An epicurean tour of New England cuisine is available through a new business, Newport Food Tours, which takes diners on a five-restaurant, two-hour spin...
RHODE ISLAND MALL has been sold to a Baltimore company with a history of revamping distressed retail properties. / FLICKR.COM USER/LACKINGFOCUS

Rhode Island Mall sold to Baltimore company

WARWICK – The Rhode Island Mall has been sold to a Baltimore company with a history of revamping distressed retail properties. MCB Real Estate LLC...
R.I. HOUSING has provided assistance for the Olney Village redevelopment in Providence, a project of the former Olneyville Housing Corp., now the nonprofit ONE Neighborhood Builders.

Budget includes $3 million for R.I. housing

PROVIDENCE – Rhode Island Housing has received $3 million in the fiscal 2016 state budget to supplement private development of affordable apartments. The funds, which...

Raimondo names 6 to commission

PROVIDENCE – Gov. Gina M. Raimondo recently nominated Kris Bradner, Catherine Fox, M. David Odeh, John Sinnott, Joseph Warner and Christine West to the...

Revaluations to be conducted every 5 years

PROVIDENCE – Required revaluations of real estate will be conducted every five years instead of three, under legislation included in the fiscal 2016 budget....
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