Austin American-StatesmanOwners of nine major downtown Austin, Texas, office buildings have gone to court to fight double-digit increases in their property tax appraisals. County tax officials say they're braced for more lawsuits to come. Cousins Properties' Frost Bank Tower saw ...
Boston Business JournalBoston area insurers, attorneys and the New England Council are planning to lobby Congress for the extension of the Terrorism Risk Insurance Act. The law is set to expire Jan. 1, which means the government would stop providing ...
The Providence Journal A federal court has decided to keep the Newport Regatta Club, a seaside banquet facility in Newport, R.I., open until Nov. 1 under management of a court-appointed trustee. The agreement, brokered by Joseph DiOrio, the trustee, includes ...
The Providence JournalIn a last-minute hearing in U.S. Bankruptcy Court, a federal judge approved a deal that would keep the Regatta Club in Newport, R.I., open for another three months under control of a court-appointed trustee. The agreement means events ...
New York PostThe Landmarks Preservation Commission is set to decide the fate of The Plaza Hotel in Manhattan amidst new owner Elad Properties' controversial plans to alter the interior of the famed hotel. At issue is whether Elad, which spent ...
The New York TimesDonald Trump has filed a lawsuit claiming his Hong Kong partners undersold their riverside development on the Upper West Side of Manhattan. A venture between Extell Development Co. and the Carlyle Group has agreed to acquire the ...
July 7, 2005 Boston GlobeThe Massachusetts legislature is close to expanding a tax on real estate deals that opponents say would especially impact developers of affordable housing. The state, meanwhile, says expanding the tax would add $20 million to its ...
The U.S. Treasury Department has decided that the Terrorism Risk Insurance Act of 2002 should not be renewed when it expires at the end of the year. Last year, 54 percent of policyholders surveyed carried terrorism insurance.
July 1, 2005 The Commercial Mortgage Securities Association reiterated that extending the Terrorism Insurance Act, in one form or another, is the most important issue facing the mortgage industry."It is essential for the continued vibrancy of the CMBS market and ...
June 27, 2005 The Providence JournalThomas R. Roos, the head of Island Development Corp., is battling to keep his Newport Regatta Club afloat amidst a legal battle with local condominium associations that want to evict him and take over the ...
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