Cover Story

GREEN ENERGY: David Lamb, assistant director of utilities management at the University of Rhode Island, and Marcia Garcia, URI’s sustainability officer, stand among a field of solar panels in South Kingstown. The solar array is part of the 40-megawatt South Kingstown Solar Collaboration facility, of which URI is one of three partners. 
 / PBN PHOTO/BRIAN MCDONALD

R.I.’s solar industry has grown with the help of state incentives....

After stints in the California, Nevada and Texas solar-energy industries, Kenny Hsieh learned of the financial incentives offered in Rhode Island, picked up his...
HIGHER PRIORITIES: Mario Bueno, executive director of Progreso Latino, a nonprofit that provides comprehensive social services to Latin Americans in Rhode Island, speaks with Johanna Tones, bookkeeper. Bueno said the 2020 census is not as high a priority for immigrants as other, more-pressing concerns, such as working and housing.
 / PBN PHOTO/MICHAEL SALERNO

Rhode Island could lose one of its two U.S. House seats...

The last time a U.S. census form arrived in the mail, Marcela Betancur helped her mother fill it out. As a 20-year-old, she had...
BETTER THAN EXPECTED: Adrien Hebert, left, co-owner and chief financial officer, speaks with Bob Laferriere, operations manager, at Trans-Tex, a company in Cranston that makes lanyards, sports merchandise, small-equipment pieces and other items. Hebert said business in January was better than expected.
 / PBN PHOTO/MICHAEL SALERNO

Business costs are rising but owners still confident in growth plans,...

Most Rhode Island businesses are doing well and have positive outlooks for themselves and the economy for 2019, though their confidence is not quite...
1 
The Birdhouse
70 Beacon Hill Road
Newport 
Price: $9,000,000
Date sold: July 30, 2018
Buyers: Judith S. and Jerry Sheindlin
Seller: Dorrance H. Hamilton Revocable Trust
Broker: Gustave White Sotheby’s International Realty (buyers and seller)
Year built: 2012
Bathrooms: 6 full, 2 half
Bedrooms: 6
Living space: 14,912 square feet
Previous price: Originally listed for $10,900,000. 
HOLDING COURT: Judy Sheindlin, of the syndicated TV show “Judge Judy,” and her husband, Jerry, purchased The Birdhouse at 70 Beacon Hill Road in Newport for $9 million last July, making it the most expensive home sale in Rhode Island in 2018.
 / COURTESY MICHAEL OSEAN

Despite multi-factor challenges, high-end home sales continue to grow in Rhode...

Despite the up-and-mostly down nature of the stock market in 2018, Rhode Island’s luxury real estate market showed no signs of slowing down. And...
CHALLENGING WORK: Josef Blazar, co-owner and vice president of sales at YJ Contemporary Fine Art in East Greenwich, said the industry’s general dependence on a strong economy and creating customer awareness are the biggest challenges to increasing sales. / PBN PHOTO/MICHAEL SALERNO

Even in good times, R.I. gallery owners are anxious. Would better...

On a late December afternoon, the 30,000 square feet of wall space at YJ Contemporary Fine Art displayed a spectrum of works by local...
WARY LANDLORD: Dustin Dezube, owner of Providence Student Living Capital LLC, has 125 properties in Providence, including several buildings on East Transit Street that are newly constructed or renovated. He mostly rents to college students and is concerned a proposed city regulation to expand an existing three-student cap to all structures in single-family zones, could also be applied to multifamily zones.  
 / PBN PHOTO/RUPERT WHITELEY

Some Providence residents want stricter regulation of student housing. A...

Over the past eight years, Providence Student Living Capital LLC has purchased and renovated more than 100 residential structures in Providence, mostly multifamily units.And...
TECH INCUBATOR: Innovate Newport Director of Entrepreneurship and Innovation Tuni Schartner gives a tour of the former Sheffield School on Broadway in Newport, which will serve as the location of Innovate Newport. The business incubator will house small companies, startups and entrepreneurs in the fields of marine and environmental technology, cybersecurity and renewable energy.
 / PBN PHOTO/KATE WHITNEY LUCEY

Can a new business incubator keep a bigger slice of Navy...

For years, community leaders in Newport have watched as the nearby Naval ­Undersea Warfare Center has farmed out billions of dollars in contracts to...
SUBSTITUTE TEACHER: Meghan M. Hill recently graduated from Rhode Island College’s education program and began a six-month substitute teaching position at RIC’s on-campus Henry Barnard Elementary School in January. /PBN PHOTO/MICHAEL SALERNO

Educating teachers is a shrinking business

Meghan M. Hill wanted to be a teacher since she was in the fourth grade.Of her chosen career path, the 23-year-old Scituate native said:...
NEW FACE: Senate President Dominick J. Ruggerio, center, speaks with Sen. Dennis L. Algiere, R-Charlestown, and Sen.-elect Jessica de la Cruz, a Republican who will represent North Smithfield, Burrillville and Glocester, during an orientation for new members in the Senate chambers at the Statehouse.
 / PBN PHOTO/MICHAEL SALERNO

Lawmakers have returned to tackle a host of familiar issues

The General Assembly reopened Jan. 1 with a new configuration of legislators facing many of the same issues that have been circulating in the...
FUTURE OUTLOOK: Business and nonprofit leaders in Rhode Island meet with Providence Business News Editor Mark S. Murphy to discuss 2018 and where the state is headed. Starting at the head of the table, background, from left, clockwise: Murphy; Providence College Dean of the School of Business Sylvia Maxfield; VIBCO President Karl Wadensten; Washington Trust Bancorp President and Chief Operating Officer Mark K. W. Gim; Crossroads Rhode Island President and CEO Karen A. Santilli; Blue Cross & Blue Shield of Rhode Island Executive Vice President, General Counsel and Chief Administrative Officer Michele B. Lederberg; and Gilbane Building Co. President and CEO Michael E. McKelvy.
 / PBN PHOTO/RUPERT WHITELEY

2018 was a good year, but much work is to come

On Dec. 14, Providence Business News Editor Mark S. Murphy sat down with six leaders of the Rhode Island business and nonprofit community to...
- Featured Event -

Latest News