Patrick Anderson, Author at Providence Business News

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Depositions in 38 Studios case scheduled for July, Aug.

38 Studios 07/03/2014

PROVIDENCE – Former members of the R.I. Economic Development Corporation board, including ex-Gov. Donald L. Carcieri, are among 20 witnesses scheduled to be deposed...

GIOVANNI FEROCE, former CEO of Alex and Ani LLC, said Tuesday that he has launched a retail and media investment firm in Providence with about 12 employees, called GF Asset Management LLC. / PBN FILE PHOTO/TRACY JENKINS

Former Alex and Ani CEO launches investment firm

Financial Services 07/01/2014

PROVIDENCE – Former Alex and Ani CEO Giovanni Feroce has formed an investment firm in Providence focused on backing retail and media ventures, he...

FORMER PROVIDENCE MAYOR Vincent A. 'Buddy' Cianci Jr. is once again running for the office, he announced on his WPRO radio show Wednesday. He is going to be replaced on the air by Tara Granahan. / PBN FILE PHOTO/TRACY JENKINS

Cianci to run for mayor

Government 06/25/2014

PROVIDENCE – Former Mayor Vincent A. “Buddy” Cianci Jr. said Wednesday he will run for the city’s top office again, this time as an...

THE RHODE ISLAND Association of Realtors said Tuesday that the Rhode Island real estate market last month saw sales drop year over year for the fourth time in the last five months. / BLOOMBERG FILE PHOTO/TY WRIGHT

Realtors: R.I. home sales drop in May as prices continue to...

Economic Activity 06/24/2014

WARWICK – Rhode Island single-family home sales fell 6 percent in May compared with the same period in 2013, the Rhode Island Association of...

CITY COUNCIL PRESIDENT Michael Solomon has proposed a 15-year tax stabilization plan for Providence that would include projects on the former I-195 land known as The Link.

Solomon proposes citywide <br>15-year tax stabilization plan

Economic Activity 06/19/2014

PROVIDENCE – City Council President Michael Solomon on Thursday proposed a new system for awarding property tax treaties for major land developments that does...

Regency Plaza owners plan new addition to apartment complex

Economic Activity 06/17/2014

PROVIDENCE – The owners of the Regency Plaza Apartments in downtown are planning to build a new 134-unit rental building on the Broadway side...

CAMBRIDGE BIOLABS HAS teamed up with Ocean State Angels to propose a life sciences accelerator to be built on the former highway land known as The Link. The group, led by Ocean State Angels co-founder Timothy Ehrlich and Cambridge Biolabs President Dr. Johannes Fruehauf, pitched the idea to the I-195 Redevelopment District Commission behind closed doors on Monday.

Boston lab, investors pitch life sciences accelerator for I-195 land

Economic Activity 06/17/2014

(Updated, June 17, 10:16 a.m.) PROVIDENCE – A Boston-area laboratory-space firm has partnered with local medical investors to propose a life sciences accelerator on the...

ALEX AND ANI announced Monday it will replace Chief Financial Officer David Rozen and add six new senior executives, part of a plan to add 250 employees nationwide. Most of those positions, 180 of them, will be at retail stores such as the one pictured above in Cranston. / COURTESY ALEX AND ANI LLC

Alex and Ani CFO out; 250 jobs to be added

Capital Goods 06/16/2014

CRANSTON – Jewelry maker Alex and Ani LLC is replacing its chief financial officer and adding six new senior executives as part of a...

AN R.I. SUPREME COURT judge has ruled that Robert Lamoureux's $1.8 million Ocean Road house, mistakenly built on Point Judith park land after a poor survey, must be torn down. / PBN PHOTO/TRACY JENKINS

Judge: Home mistakenly built on Point Judith park land must be...

Economic Activity 06/13/2014

PROVIDENCE – A $1.8 million waterfront house mistakenly built on Point Judith park land in Narragansett must be moved or torn down, the R.I....

THE $8.7 BILLION budget approved by the R.I. House of Representatives early Friday morning retained many of the measures unveiled in the proposed bill last week, including $12.3 million to pay the 38 Studios moral obligation bonds and a cut to the state's corporate tax rate. / COURTESY JACK NEWTON, VIA FLICKR/ CREATIVE COMMONS

House passes $8.7B budget that cuts corporate, estate taxes, pays 38...

Economic Activity 06/13/2014

PROVIDENCE – The R.I. House of Representatives early Friday morning passed an $8.7 billion state budget for fiscal 2015 that cuts some taxes, makes...

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