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COURTESY HAYES & SHERRY CUSHMAN & WAKEFIELD[/caption]
1. Newport Beach Club in Portsmouth sold for $9M, development site to include 108 new homes POSTED ONLINE: MAY 5. Newport Beach Club LLC acquired the Newport Beach Club, a 125-acre waterfront property in Portsmouth, which was sold from receivership for $9.15 million.
pbn.com/newport-beach-club-in-portsmouth-sold-for-9m-development-site-to-include-108-new-homes
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PBN FILE PHOTO/MICHAEL SALERNO[/caption]
2. Fitch: Providence Place mall defaults on mortgage plan POSTED ONLINE: MAY 13. Providence Place Group LP, the company that owns the Providence Place mall, defaulted on its mortgage and is at risk for downgrades in its bond ratings, according to Fitch Ratings.
pbn.com/fitch-providence-place-mall-defaults-on-mortgage-loan
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COURTESY FIDELITY INVESTMENTS INC.[/caption]
3. Fidelity to hire 500 employees in Smithfield POSTED ONLINE: MAY 3. Fidelity Investments Inc. is expanding its Rhode Island presence by hiring 500 workers and opening a new investment services hub at its Smithfield campus.
pbn.com/fidelity-to-hire-500-r-i-employees-in-smithfield
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AP FILE PHOTO/TONY DEJAK[/caption]
4. Should unemployment recipients be allowed to work more and still receive the government payments? POSTED ONLINE: MAY 7. In responding to Providence Business News’ poll question, 45.6% said the federal weekly $300 unemployment bonus needs to be eliminated, while 26.6% said allowing unemployment recipients to work more will help many employers fill part-time jobs.
pbn.com/should-unemployment-recipients-be-allowed-to-work-more-and-still-receive-the-government-payments
5. PBN announces 2021 Best Places to Work honorees POSTED ONLINE: APRIL 30. Providence Business News named 72 honorees for its 2021 Best Places to Work Awards program. Each was judged based on human resources policies and completed confidential surveys of employees put together by Best Companies Group.
pbn.com/pbn-announces-2021-best-places-to-work-honorees
6. Warwick waterfront home sells for $1.79M POSTED ONLINE: MAY 7.
pbn.com/warwick-waterfront-home-sells-for-1-79m
7. Four types of R.I. businesses need to require proof of vaccination for full capacity POSTED ONLINE: MAY 20.
pbn.com/four-types-of-r-i-businesses-need-to-require-proof-of-vaccination-for-full-capacity
8. Honeywell to lay off nearly 500 workers, stop N95 mask production in Smithfield POSTED ONLINE: MAY 26.
pbn.com/honeywell-to-lay-off-nearly-500-workers-stop-n95-mask-production-in-smithfield
9. Culture Shift: Offices in post-pandemic era likely will never be the same PUBLISHED IN PRINT: APRIL 30.
pbn.com/culture-shift-offices-in-post-pandemic-era-likely-will-never-be-the-same
10. Arcade Providence in transition as units are offered for sale, several retail sites vacant POSTED ONLINE: MAY 14.
pbn.com/arcade-providence-in-transition-as-units-are-offered-for-sale-several-retail-sites-vacant
