Putting the ‘work’ in live work play: Tampa office deals boost revitalization efforts
By Ashley Gurbal Kritzer By now, it seems trite to sum up one’s approach to the commercial real estate market as “cautious optimism.” But cliche or not, it’s still true, especially for Tampa Bay’s office market, said KC Tenukas, senior vice president with Cassidy Turley in Tampa. “I’m leaning on the optimism side,” he said. […]
Report: Sales of small businesses rise as sellers earn higher prices
By Bob House Sales of small businesses in the United States remained at historically high levels in the third quarter, according to a BizBuySell.com report. A total of 1,987 closed transactions were reported in the third quarter this year, representing both a 17.9 percent increase from last year and the highest number of small business […]
From the financial crisis to the Sandusky scandal, this one trait gave success to Karen Peetz of BNY Mellon
By Hilary Burns It’s hard to fluster Karen Peetz. A 32-year banking vet, Peetz helped BNY Mellon recover from 9/11, led the bank through the 2008 financial crisis and also chaired Penn State’s Board of Trustees through the Jerry Sandusky scandal. She is now the president of BNY Mellon, overseeing the company’s global client management, […]
St. Pete arts group has grand plans for giant warehouse complex
By Eric Snider In just a couple of years, the Warehouse Arts District has become the creative nexus of St. Petersburg. The area — which runs from 1st Avenue North to 10th Avenue South, and 16th to 31st streets — is home to a variety of studios, galleries and arts organizations, but also includes a […]
Exclusive: $6 million speculative mansion breaks ground on Davis Islands (Video)
By Ashley Gurbal Kritzer A low-slung brick home on Davis Islands with a panoramic waterfront view will be demolished to make way for a speculative mansion priced at up to $6 million. The same development team that has pulled off three other speculative mansions on Davis Islands — two of which have sold for more […]
Where have all the first-time buyers gone?
By Kent Hoover Here’s a troubling trend for the housing market: First-time buyers now account for only one-third of all home purchases, the lowest share since 1987. That’s according to an annual survey conducted by the National Association of Realtors, which questioned a random sample of people who purchased homes between July 2013 and June […]