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SETTLING THE MATTERS: R.I. Superior Court Associate Justice Richard A. Licht says he’s closed more than 900 tax valuation appeals from across Rhode Island in recent years, more than half from Providence. 
PBN PHOTO/MICHAEL SALERNO

VALUE JUDGMENTS: Hotels, office buildings, utility properties among Providence’s biggest tax...

When it comes to property values, everybody’s got an opinion. And when millions of tax dollars are at stake, many are willing to fight...
HASBRO INC. has announced it is moving out of its offices in downtown Providence, but what's next for the office is up in the air. PBN PHOTO/WILLIAM HAMILTON

Hasbro departure will be a test for Providence commercial real estate

Once entertainment giant Hasbro Inc. leaves its 135,400-square-foot downtown Providence office building, it’s unlikely the city will ever attract another large company into the...
SHELF DISPLAY: Kelley McShane, right, co-owner of beverage manufacturer The Granny Squibb Co. LLC, with Tony Melo, who approves brands to put on the shelf, at Eastside Marketplace in Providence.
PBN PHOTO/MIKE SKORSKI

FADING FEARS: Despite lingering concerns, businesses regaining swagger

After weathering a year largely overcast by fears of a looming recession, business owners are feeling more buoyant as they look ahead despite lingering...

Cranston office building with cafeteria sells for $3.2M

CRANSTON – A 22,671-square-foot office building in Cranston recently sold for $3.2 million, according to MG Commercial Real Estate Services Inc., which closed the...
PARCEL 42 in the I-195 district is available again for development now that the proposal for the Fane Tower has been withdrawn, but what should go there? / COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION

With Fane Tower out, leaders mull over what should go on...

After years under contract with an out-of-state developer, Parcel 42 on the former Interstate 195 land in Providence is finally up for grabs again....

Former Catholic churches in Warwick listed over $1M each

WARWICK – Two former Catholic churches in Warwick are on the market. St. Catherine's Cathedral Church at 3248-3252 Post Road was listed for $1 million,...
GOING UP: Michelle Murphy, owner of Roots Hair Salon LLC in Cranston, works on Talias Oakane of ­Cranston. Murphy says she may have to raise the rent she charges her stylists, who recently raised their prices due to the increased cost of products, because her monthly payment to rent the building space for the salon recently increased.
PBN PHOTO/MICHAEL SALERNO

More businesses struggle with their rent payments

When Michelle Murphy renewed her lease recently for a 5,000-square-foot beauty salon she rents in Cranston, there was some bad news that came with...
THE TURKS HEAD BUILDING, right, is at the heart of what was once a thriving financial district in Providence. PBN FILE PHOTO/MARY MACDONALD

Is I-195 land a drain on downtown?

Some new projects on the former Interstate 195 land have heightened concerns about incentives that favor new development in certain areas of Providence at...
STRENUOUS SUMMER: Brad Marthens, who co-owns The Atlantic Inn on Block Island with his wife, Anne, had to cut room rates to help fill vacancies and didn’t have enough staff to open the inn’s restaurant daily until August, something he is usually able to start doing in June.
PBN PHOTO/K. CURTIS

SINKING SPIRITS: Slowed supply chains, inflation, labor shortage are sapping optimism

There’s only so long you can keep your chin up. After a 2½-year battle against health and economic devastation, Rhode Island companies have been beaten...

East Providence building bought by Glencore Recycling for $4.8M

EAST PROVIDENCE – The U.S. branch of an international metal recycling company recently bought a 50,000-square-foot industrial facility in East Providence for $4.8 million,...
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