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A collection of news and information related to Property published by Tribune Company sources.
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Nicolas Cage's Bel-Air Tudor for sale (again) at $29,999,000
Hot PropertySOME people collect stamps, others collect houses. Count Academy Award-winning actor Nicolas Cage among the latter. Cage just listed his 11,817-square-foot Bel-Air Tudor at $29,999,000 -- and has leased a unit in the downtown Biscuit Co. Lofts with an...Tags: Natural Resources, Sophia Loren, Forests, Homes, Jessica Simpson
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Ask the Expert: Mom's co-op choices
Karen@KarenEKlein.comThe problem: My mother owns a co-op outright in a senior community where the board determines the selling price of the units. She uses 24-hour home care but is running out of money and wants to borrow against her co-op. She's been turned down for a...Tags: Sales, Government, Mortgages, Money and Monetary Policy, National Government
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Why Lynx is facing worse cutbacks than its peers
Sentinel Staff WriterLynx bus riders could soon see higher fares and less-frequent service, thanks to spiraling fuel and labor costs. But while this same surge of expenses is hitting other Florida transit systems from Miami to Jacksonville, they aren't considering service...Tags: Orlando, Sales, Budgets and Budgeting, Wages and Pensions, Tampa
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Vick's family might have to give gift money to his creditors
247-4749Money that suspended NFL quarterback Michael Vick gave his fiancee, mother, two children and other family members in recent years might be taken to pay creditors to whom Vick now owes money, Vick's attorneys said. That includes money that Vick —...Tags: Michael Vick, National Football League, Atlanta Falcons, Financially Distressed Companies, Bankruptcy
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Mervyn's lawsuit alleges assets used to fund buyout
Chicago Tribune reporterA lawsuit filed this week as part of Mervyn's Chapter 11 bankruptcy reorganization alleges that the retailer's "valuable" real estate assets—store-owned locations and below-market leases—were stripped of their value and used partly to...Tags: Marketing, Real Estate Buyers, Wrigley Field, Financially Distressed Companies, Marshall Field
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Continuing Care Builder Has Deal For Simsbury Site
Courant Staff WriterAfter years of debate over what should be built on a large parcel in the town's southern end, the landowner has come to a decision. Mark Greenberg, who owns about 60 acres in the Southern Gateway section, has signed a contract to sell 23 acres to The...Tags: Simsbury, Connecticut Light & Power Company, Contracts
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Washington Township puts limits on wind turbines
Of The Morning CallWashington Township, Lehigh County, officials see wind power as a potentially clean and affordable source of energy. They also worry that it could be ugly and unneighborly. Earlier this week, township supervisors voted to limit where residents can set...Tags: PPL Corporation, Longswamp, Lehigh County, Renewable Energy, Alternative Energy
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Lincoln Park's wild kingdom
Chicago Tribune reporterBeing bored is not an option in Lincoln Park, where the kinetic lifestyle verges on sensory overload. With its potpourri of restaurants, shops, amenities and close proximity to downtown Chicago, it's no wonder the North Side neighborhood's unique...Tags: Lake Shore Drive, Steppenwolf Theatre, Chicago River, Chicago Transit Authority, Real Estate Buyers
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Florida Legislature to re-examine property tax relief again
Tallahassee BureauFlorida's property tax wars now return to the state Legislature, a place where gridlock and battling interest groups make it difficult to achieve the deep relief that politicians promise. In the wake of a state Supreme Court ruling removing a major tax...Tags: Public Finance, Referenda, Ellyn Bogdanoff, Winter Park, Local Authority
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Family legacy to preserve city's architectural gems
Chicago Tribune reporterMetropolitan Properties of Chicago LLC has prospered by preserving pieces of downtown's built legacy and adapting them to changing markets. When Louis D'Angelo formed the property management and investment firm in 1991, he was deepening already...Tags: Architecture, Millennium Park, Renzo Piano, Labor Markets
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Amendment smackdown
Mayo on the Side: Broward news columnist Michael Mayo | Sun-Sentinel BlogsWow. The Florida Supreme Court delivered the judicial equivalent of a beatdown to the once-every-20-year Florida Taxation and Budget Reform Commission, tossing three proposed amendments from the November ballot. Amendments 5, 7 and 9 -- all gone. They...Tags: Referenda, Local Authority, Property Tax, Fort Lauderdale, State Budgets
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Five reasons against Amendment 5
Mayo on the Side: Broward news columnist Michael Mayo | Sun-Sentinel BlogsThe Florida Supreme Court hears arguments today about Amendment 5, the controversial tax proposal that would cut the state-mandated portion of school property tax and perhaps replace it with a penny increase in state sales tax. The court must rule......Tags: Sales, Referenda, Local Authority, Property Tax, Real Estate Sales
Sep 6, 2008
|Story| Los Angeles Times
Sep 6, 2008
|Story| Newsday
Sep 6, 2008
|Story| Orlando Sentinel
Sep 6, 2008
|Story| Hampton Roads Daily Press
Sep 5, 2008
|Story| Chicago Tribune
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|Story| Hartford Courant
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|Story| Allentown Morning Call
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|Story| Chicago Tribune
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|Story| South Florida Sun-Sentinel
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|Story| Chicago Tribune
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|Blog| Sun-Sentinel
Sep 4, 2008
|Blog| Sun-Sentinel
