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Providence poised to declare River House apartments developer in default of tax treaty - News - providencejournal.com

Kate Bramson Journal Staff Writer journalkate PROVIDENCE, R.I. — Delays by the South Street Landing developers to begin construction early this year on two apartment buildings on a nearby Davol Square parking lot have caused the City Council to consider issuing the project a notice of default. After the developer missed a Jan. 27 deadline to get all city construction permits , the council's Finance Committee voted this month to recommend to the City Council that the city issue a default notice to CV River House LLC , of San Diego, the entity that has planned to build the River House apartments . The default would be for missing a deadline in the project's city tax-stabilization agreement, which limits taxes owed over 15 years to about $3.3 million. The council is expected to consider the issue Thursday night . It could vote to issue the notice or send the matter back to committee. "In order to preserve our rights under the [tax-stabilization agreement], we have to...

Ronan Group finally moves on plans for Appian Way site

After more than a decade of lying idle, a 0.23- acre site owned by Johnny Ronan in Donnybrook, at the junction of Leeson Street Upper and Appian Way, is set to be redeveloped. In 2006, the property was jointly owned by John Ronan jnr (33) and Shane Whelan through Ashwalk, their investment vehicle. One decade on and Ronan jnr and Whelan are both directors of Johnny Ronan’s development group , Ronan Group Real Estate (RGRE). It seems, however, that neither have retained a beneficial interest in the Donnybrook site , as ownership has been transferred to RGRE, with Johnny Ronan appearing to be its beneficial owner based on documents registered with the companies office. RGRE is now seeking planning permission to construct 16 apartments in a five-storey block on the site. In all, one three-bedroom, 11 two-bedroom and three one-bedroom apartments are envisaged for the 2,074sq m (22,324sq ft) block, which will also feature 13 parking spaces at basement level, to be accessed via a car ...

Mack-Cali Realty's (CLI) CEO Michael DeMarco on Q2 2017 Results - Earnings Call Transcript

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Mack- Cali Realty Corp . (NYSE:CLI) Q2 2017 Earnings Conference Call August 03, 2017 08:30 AM ET Executives Michael DeMarco - President and Chief Executive Officer Anthony Krug - Chief Financial Officer Marshall Tycher - Chairman of Roseland Residential Trust Analysts John Guinee - Stiefel Manny Korchman - Citi Jamie Feldman - Bank of America Rob Simone - Evercore ISI Vincent Chao - Deutsche Bank Operator Good day, everyone, and welcome to the Mack- Cali Realty Corporation Second Quarter 2017 Earnings Conference Call . Today's call is being recorded. At this time, I would like to turn the call over to Michael J. DeMarco, President and Chief Executive Officer . Please go ahead, sir. Michael DeMarco Thank you, operator. Good morning, everyone, and thank you for joining the Mack-Cali's second quarter 2017 earnings call . This is Mike DeMarco, the CEO of Mack-Cali. The lovely day in a waterfront, sun shining. I'm joined today by my partners Marshall Tycher , Chairman of Rosel...

Why Was an Italian Graduate Student Tortured and Murdered in Egypt?

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Regeni was undeterred. Proficient in five languages, he was insatiably curious and exuded a low-intensity charm that attracted a wide circle of friends. From 12 to 14, he served as youth mayor of his hometown, Fiumicello. He prided himself on his ability to navigate different cultures, and he relished Cairo ’s unruly street life : the smoky cafes, the endless hustle, the candy- colored party boats that plied the Nile at night. He registered as a visiting scholar at American University in Cairo and found a room in Dokki, a traffic-choked neighborhood between the Pyramids and the Nile, where he shared an apartment with two young professionals : Juliane Schoki, who taught German, and Mohamed El Sayad , a lawyer at one of Cairo’s oldest law firms . Dokki was an unfashionable address, but it was just two subway stops from downtown Cairo with its maze of cheap hotels, dive bars and crumbling apartment blocks encircling Tahrir Square . Regeni soon befriended writers and artists and practi...