Real Estate

BankNewport in Washington Square to be renovated

NEWPORT – BankNewport has hired Sage Environmental, DBVW Architects and DiPrete Engineering to redesign and redevelop its offices in Washington Square.The project will update...

Quonnie Salt Pond home sells for $2M

CHARLESTOWN – A waterfront lodge-style house with a private deck and mooring sold recently for $2 million, according to a news release from Randall,...
THE MORTGAGE DELINQUENCY rate in Rhode Island declined to 4.2% in May. / BLOOMBERG NEWS FILE PHOTO/DAVID CALVERT

R.I. mortgage delinquency declines in May, still above U.S. rate

PROVIDENCE – The share of Rhode Island mortgages in 30-day-or-more delinquency in May was 4.2%, a 0.5 percentage point decline year over year, according...
THE PROVIDENCE RIVER Pedestrian Bridge officially opened Friday. / PBN PHOTO/ARTISTIC IMAGES

Providence River Pedestrian Bridge opens

PROVIDENCE – The Providence River Pedestrian Bridge opened officially Friday with a ribbon-cutting ceremony.The $21.9 million project took more than a decade to come...
THE PROPERTY AT 53 Rumstick Road was sold for $1.7 million. / COURTESY MOTT & CHACE SOTHEBY'S INTERNATIONAL REALTY

Barrington 1890 Tudor-style home sells for $1.7M

BARRINGTON – The property at 53 Rumstick Road sold for $1.7 million, according to Mott & Chace Sotheby’s International Realty Monday.The property was last...
INVOLVED: Jim Boscov is the chairman and CEO of Boscov’s, billed as the nation’s largest family-owned department store, which is moving into the former Nordstrom location at Providence Place mall. He said running a business doesn’t happen from an office, but rather on the sales floor.
 / PBN PHOTO/MICHAEL SALERNO

An outlier comes to Providence Place

While other department stores have closed as sales slip away with changing consumer preferences and a migration online, Reading, Pa.-based Boscov’s is an outlier....
INVOLVED: Jim Boscov is the chairman and CEOALTERNATIVE SERVICES: The Providence Place mall has evolved to compete with online shopping and e-retailers by adding alternative services such as the CycleBar cycling studio and renting space to Comprehensive Community Action Program for a “skills center” that offers computer and language classes, as well as job-training workshops.   / PBN PHOTO/MICHAEL SALERNO

New stores help Providence Place evolve

To many, the closure of Nordstrom at Providence Place mall was a disheartening blow for the capital city, and further proof online shopping is...

Who Owns The Block?

Weybosset Street Page Street to Delta Street, ProvidencePBN RESEARCH AND PHOTOS/James Bessette PBN GRAPHIC/Lisa Lagreca

R.I. HPI increases 4.1% in June

PROVIDENCE – The home price index for single-family homes in Rhode Island increased 4.1% year over year in June, according to CoreLogic on Aug....
THE DEVELOPER of the Hope Point tower and the I-195 District Commission have reached a new deadline for the city tax incentive application. / COURTESY THE FANE ORGANIZATION

Fane Organization gains extension to complete final design, application for city...

PROVIDENCE – The Fane Organization has received a one-month extension to file a request for city property tax incentives, ending a recent back-and-forth in...
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