redevelopment News

As South Florida Condos Age, More Owners Are Willing to Sell

FORT LAUDERDALE, Fla. (AP)–For some South Florida condo dwellers, that tap on the shoulder could lead to the deal of a lifetime. The tri-county’s white hot real estate market is prompting developers to take stock of the region’s older beach …

Bankruptcy Court Ruling Secures $93M in Additional Coverage for Refinery Owners

The owner of a Philadelphia refinery that was shut down after a June 2019 explosion secured at least $93 million in additional coverage from its insurers after a U.S. Bankruptcy Court judge ruled in favor of the policyholders’ interpretation of …

Contaminated Plant Turned Over to State Environmental Trust

LOS ANGELES — A state environmental trust will take over a battery recycling plant in Southern California to prevent its bankrupt owners from abandoning the heavily contaminated facility, a newspaper reported Saturday. The Department of Toxic Substances Control announced Friday …