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News

3/31/2020 Coronavirus Florida: Sarasota man who survived COVID-19 warns ‘people should be careful’—Herald Tribune

It started on a Friday morning when Andrew Hall woke up and soon felt ill, “sort of a feverish spaciness” akin to coming down with the flu.
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3/31/2020 Feldman Equities exits Riverwalk Place project—Commercial Observer

Feldman Equities LLC has parted ways with partner Two Roads Development and Riverwalk Place, the planned 52-story tower the Tampa-based investment and development firm has championed for the past five years.
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3/26/2020 Coronavirus Florida: Traveling back home, snowbirds? Doctors recommend you stay put.—Tampa Bay Times

It’s like clockwork every year for Lynn Byrne. She’s one of many northern residents who travel south for the winter to avoid cold weather and venture back home in the spring. Around these parts, we call them snowbirds.
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3/25/2020 How Coronavirus Is Impacting Luxury Real Estate—Forbes

In the final quarter of 2019, luxury real estate in the U.S. rallied both in sale volume and price. The segment posted double-digit sales growth year-over-year for the first time in 2019. The entry price rose by 2.1% to $1.27 million, according to the realtor.com’s latest luxury report.
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3/23/2020 St. Petersburg condo resident tests positive for coronavirus—Tampa Bay TImes

A resident of the ritzy ONE St. Petersburg condominium building has tested positive for coronavirus. Building management alerted residents in an email Wednesday evening.
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3/16/2020 Planned Riverwalk Place tower adding hotel, returning deposits—Tampa Bay Times

The developer of the planned Riverwalk Place tower on Friday told prospective buyers that it is in negotiations to add a luxury boutique hotel and hotel-branded condominiums to a redesigned project.
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3/16/2020 For Sale: One Thousand $1 Million Condos in Tampa—

Since 2016, just over 1,000 condo units have been proposed or are under construction between Gandy Boulevard and downtown Tampa.
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3/13/2020 Firm with Clearwater ties investigated by feds. Lawsuits detail ‘Ponzi scheme.’—Tampa Bay Times

The office in downtown’s One Clearwater Tower is nondescript, with a single door on the eighth floor, two stories above the temporary City Hall.
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3/13/2020 Feldman Equities exits Tampa project—St. Pete Catalyst

Feldman Equities has exited the Riverwalk Place project, a high-rise condo tower in downtown Tampa.
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3/9/2020 St. Pete preservationists get grant to save historic properties—Tampa Bay Times

Preserve the ‘Burg, the impassioned group that has drawn the ire of some property owners and the admiration of others, is taking a significant step.
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3/2/2020 Westshore Marina District condo project gets underway—FOX 13 Tampa Bay

Construction is now underway on a new condo community within South Tampa’s Westshore Marina District.
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3/2/2020 Neo-Nazi extremist accused of threatening journalist arrested in Spring Hill as part of nationwide operation—KTVU FOX 2

Agents arrested four "racially motivated violent extremists," including a Spring Hill, Florida man, in connection with a coordinated effort to threaten and intimidate journalists and activists, the Department of Justice announced Wednesday.
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2/25/2020 Visually-impaired St. Petersburg couple concerned about malfunctioning crosswalk near 55+ community—ABC Action News

A visually-impaired couple in St. Petersburg is concerned about using a malfunctioning crosswalk just outside their 55+ condo community.
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2/25/2020 Roofer dies after falling from 16-story condominium in Florida—KIRO 7 News

A roofer working atop a 16-story condominium was killed in a fall Saturday afternoon. Rescuers were called to the Silver Shells condominiums around 2 p.m. after a 38-year-old man fell from the top of the building, the North West Florida Daily News reported.
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2/24/2020 Tampa Bay area home sales in January outpace U.S. market—Tampa Bay Times

The Tampa Bay area’s housing market stayed strong in January, outpacing the national market for year-over-year growth, according to new reports Friday from Florida Realtors.
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2/21/2020 Tampa investment firm accused of $170 million Ponzi scheme—Tampa Bay Times

The U.S. Securities and Exchange Commission is accusing a Tampa real estate investment firm and its founder of running a Ponzi scheme that raised $170 million from about 1,140 investors and misappropriated millions of dollars to pay for sports cars, collector wristwatches and chartered jets.
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2/18/2020 Taylor Swift’s dad finds burglar in $4 million St. Petersburg penthouse—Tampa Bay Times

Pop superstar Taylor Swift’s dad paid $4 million for a penthouse in one of the Vinoy Place towers loaded with security measures, but a career criminal recently waltzed through the entrance to climb 13 flights to burglarize the condominium.
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2/18/2020 Praxis Capital Group Funds Construction Loan for Florida Condominium Project—SRQ Magazine

Private lender Praxis Capital Group has funded a $29 million construction loan for The DeMarcay, a luxury residential condominium project by GK Real Estate in downtown Sarasota, Florida. With new financing in place and sales already underway, the Illinois-based development firm anticipates the building will be completed in fall 2021.
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2/13/2020 Related Group unveils futuristic vision for hotel-branded Bayshore condo towers (Rendering)—Tampa Bay Business Journal

Related's development is strictly residential, but it will likely include luxury hotel branding, like St. Regis, Four Seasons or Ritz-Carlton.
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2/13/2020 In the Know: Grandview to fill 11-story, $50M luxury void on Fort Myers Beach—News-Press

The first high-rise condominium tower to be built on Fort Myers Beach in almost a decade celebrated its groundbreaking last week at the eastern end of Bay Beach Lane.
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