Thursday, March 28, 2024

TOPICS

Real Estate

Purple House’ of Westerly is sold for $960K

WESTERLY – The “Purple House” of Westerly has been sold for $960,000, according to Lila Delman Compass, whose Watch Hill office represented the seller. The...

Newport Beach Club in Portsmouth sold for $9M, development site to...

PORTSMOUTH – A 125-acre, waterfront property known as the Newport Beach Club has been sold from receivership for $9.15 million. The new owner, a development...

R.I. Housing, OER to offer grants for energy-efficient affordable housing

PROVIDENCE – The state is incentivizing affordable housing that also helps to meet its ambitious energy goals. R.I. Housing and Mortgage Finance Corp. and the...

Waterfront home in Narragansett sold for $5.5M, highest price for town...

NARRAGANSETT – A custom home on a double lot overlooking the Atlantic Ocean has sold for $5.5 million. It is the highest price for...

Three R.I. retail locations included in $295M sale

PROVIDENCE – Three Rhode Island properties are included among the 11 single-tenant, grocery store sites sold recently to the Inland Real Estate Group of...

I-195 Redevelopment District grows by 2,247 square feet

PROVIDENCE – The I-195 Redevelopment District has grown by a sliver, with the acquisition of an adjacent property on the East Side that is...
LOW HEADCOUNT: Joseph Quattrocchi, a certified public accountant at Kahn, Litwin, Renza & Co. Ltd., works in the firm’s nearly empty offices in Providence. Most KLR employees continue to work from home, and the firm has struggled to determine the most optimal time to start bringing them back. / PBN PHOTO/MICHAEL SALERNO

CULTURE SHIFT: Offices in post-pandemic era likely will never be the...

After months of working from home ­during the COVID-19 pandemic, Patrick Nee welcomed a return to the normal rhythms of a company office. His Boston-based...
PETER ALVITI JR., director of the R.I. Department of Transportation, stands in Kennedy Plaza in Providence last year and explains where new bus stops are planned as part of RIDOT’s planned Providence Multi-Hub Bus System. / PBN FILE PHOTO/ELIZABETH GRAHAM

RIDOT taps brakes on bus hub plan

After insisting for months that the proposal to split up the Kennedy Plaza bus hub had already received adequate vetting and opportunity for public...
BIG DECISIONS: Neighborhood Health Plan of Rhode Island CEO and President Peter Marino, left, hopes to eventually bring all 600 employees back to the insurer’s Smithfield headquarters. All but 20 are now working remotely. Speaking with Marino is Rob Magnan, facilities and mail room ­coordinator. At right is security officer Jennifer Castellanos. / PBN FILE PHOTO/ELIZABETH GRAHAM

Shift to remote work may alter landscape for commercial property

Has the office changed forever due to COVID-19? For many employers that have successfully transitioned to remote work over the past year, the likely...
ENTRANCE MAKEOVER: The main entrance of 2-3 Davol Square, along South Street, showcases a new glass and steel canopy, designed to complement the newly redeveloped South Street Landing adjacent to the property. Both entrances received new pavers. / COURTESY ARTISTIC IMAGES/PAMELA BHATIA

Davol Square Marketplace renovated to modernize the space in line with...

Davol Square Marketplace | 2-3 Davol Square, Providence Owner: Wexford Science & Technology Tenant: Multiple tenants Architect: Vision 3 Architects Contractor: Shawmut Design and Construction Cost: WND Use: The 115,735-square-foot...
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