Friday, April 19, 2024

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Real Estate

GOV. GINA M. RAIMONDO cuts the ribbon for the recently completed Wexford Innovation Center in the I-195 Redevelopment District of Providence on Wednesday. From left: Brown University President Christina H. Paxson; I-195 Redevelopment District Commission Chairman Robert Davis; Senate Majority Leader Michael J. McCaffrey; Brian Dacey, Cambridge Innovation Center; Mayor Jorge O. Elorza; Raimondo; Wexford Science and Technology CEO Jim Berens; Commerce Secretary Stefan Pryor; and City Council President Sabina Matos. / COURTESY R.I. COMMERCE CORP.

Officials celebrate Wexford Innovation Center ribbon-cutting

PROVIDENCE – A ribbon-cutting for the Wexford Innovation Center was held Wednesday afternoon, officially marking the completion of the landmark I-195 Redevelopment District project. The...
R.I. HOUSING has approved $4.7 million in funding from the Acquisition and Revitalization Program for seven projects in Providence and Pawtucket.

R.I. Housing approves $4.7M for blighted and vacant property revitalization

PROVIDENCE – The R.I. Housing and Mortgage Finance Corp. board of commissioners has approved $4.7 million via the state Acquisition and Revitalization Program to...
AMBASSADOR APARTMENTS in Wayland Square, Providence, has sold for more than $7 million. /COURTESY NORTHEAST PRIVATE CLIENT GROUP

Ambassador Apartments on East Side sold for $7.4M

PROVIDENCE – The Ambassador Apartments in the Wayland Square neighborhood of Providence has sold for $7.4 million, according to Northeast Private Client Group, which...
THIS RENDERING shows the proposed apartment building for 466-468 West Fountain St., in Federal Hill. / COURTESY PROVIDENCE PLANNING DEPARTMENT.

Four apartment buildings proposed in Providence

PROVIDENCE — The city is reviewing four proposals for new apartment buildings in Providence neighborhoods, three of them designed as four-story structures over commercial...

Mixed signals on solar expansion

The solar industry has a firm foothold in Rhode Island, but a consequential issue is arising – how to best manage the industry’s growth. For...

Tearing down ‘Superman’ building is wrongheaded thinking

To the Editor: In Providence Business News’ June 7 article, “It will take investment to save ‘Superman’ tower,” Rep. Blake Filippi, R-New Shoreham, suggested the...

Who Owns The Block?

Highland Corporate Park North end of Park East Drive and Highland Corporate Drive, Woonsocket and Cumberland 1. OWNER: 1137 Park East LLC. TENANT: Moon Associates Inc....

Mortgage delinquency in R.I. declines to 4.2% in April

PROVIDENCE – The delinquency rate of mortgages of 30 days or more in Rhode Island declined 0.5 percentage points year over year to 4.2%...
MONIQUE N. BRADY has pleaded guilty in U.S. District Court to a $10 million Ponzi scheme fraud involving foreclosed properties and homes for resale. / PBN FILE PHOTO

$10M Ponzi scheme leader pleads guilty

PROVIDENCE – Monique N. Brady pleaded guilty to charges related to a $10 million Ponzi scheme fraud in U.S. District Court in Providence Thursday,...
LINCOLN COMMONS was sold for $55.8 million in late June. / COURTESY GOOGLE

Lincoln Mall acquired for $55.8M

LINCOLN – The Lincoln Mall, now named Lincoln Commons, located at 622 George Washington Highway, was acquired for $55.8 million in late June, according...
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