Author Archives: Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.

Bromo Tower arts district tabs new leader

Bromo Seltzer Arts Tower

Emily Breiter, who formerly produced events and worked in business engagement for the Downtown Partnership, has been tabbed to lead Baltimore’s Bromo Tower Arts & Entertainment District. Breiter takes over as executive director at a time when downtown’s long-beleaguered Westside ...

Read More »

Downtown Maryland Insurance Administration lease headed for spending board

The Maryland Insurance Administration’s hearing room in St. Paul Plaza. (The Daily Record / Jason Whong)

Maryland’s spending board is expected to vote on leasing office space for the Maryland Insurance Administration in downtown Baltimore despite the Montgomery Park development initially winning a competitive bid process for the contract. The board’s agenda for Wednesday was amended ...

Read More »

Report: Baltimore metro office leasing, sales sharply down

The amount of leased office space north of Lombard Street downtown has decreased significantly during the last two decades. It peaked at 9.7 million square feet in 2006 and is now at 7.6 million square feet. (Maximilian Franz/The Daily Record)

The office market in the Baltimore metro area generally held steady, but leasing slowed dramatically in 2019, according to a report from Newmark Knight Frank. In its fourth-quarter market analysis NKF found a small increase in asking rents and stable ...

Read More »

Police union pans Baltimore’s crime-fighting plan as ‘Jedi mind trick’

A Baltimore police officer wraps up a line of yellow tape after blocking off Eastern Avenue in Greektown earlier this year. “I think we’re trending in the right direction,” Mayor Catherine Pugh told reporters Wednesday about the city’s crime-prevention efforts. ‘I’m excited by the work.’  (Maximilian Franz/The Daily Record)

The enmity between the union representing Baltimore police officers and leadership at City Hall continued as one of the deadliest years in city history drew to a close. Fraternal Order of Police Lodge No. 3 posted a “Star Wars” referencing ...

Read More »

Glenn charges latest political corruption case for U.S. attorney

Robert K. Hur, U.S. States Attorney for the District of Maryland, announces federal honest services wire fraud and bribery charges against former State Del. Cheryl D. Glenn Monday, Dec. 23, 2019 in Baltimore. Behind him are Assistant U.S. Attorneys Leo Wise, left, and Derek Hines, right.  (Amy Davis/The Baltimore Sun via AP)

U.S. Attorney Robert K. Hur, after unsealing the latest corruption charge against a former Maryland lawmaker, said his office takes political corruption seriously but is not singularly focused on prosecuting elected officials. Hur’s office, on Monday, accused former Del. Cheryl ...

Read More »

Recession fears fail to infect commercial real estate pros

In this Aug. 3, 2017, photo, a worker pushes bins at an Amazon fulfillment center in Baltimore. Amazon will spend more than $700 million to provide additional training to about one-third of its U.S. workforce. (AP Photo/Patrick Semansky, File)

As the recovery from the 2008 financial crisis evolved into the nation’s longest recorded economic expansion, predicting the next recession’s arrival mutated into something of a fool’s errand. Spencer Levy, chairman of Americas Research and senior economic advisor at CBRE, ...

Read More »

Pittman awaits Anne Arundel development moratorium advice

Anne Arundel County Executive Steuart Pittman, whose order closing indoor dining is being challenged in court, is expected to testify Tuesday. (AP File Photo/Brian Witte)

Anne Arundel County Executive Steuart Pittman expects to know in a few weeks whether a development moratorium along two major thoroughfares is feasible, but he says  he’s considering alternatives to stave off more traffic adding to the danger on congested roads. ...

Read More »