Want to sell your home for more? List in the middle of the week
Homes listed for sale midweek sell for an average of $1,700 more than homes listed on the weekend, according to a report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is based on a Redfin analysis of how much homes sold above their list price from July 2020 through February 2021, both nationwide and […]
Baltimore spending board OKs $148M for Port Covington
Baltimore’s spending board Wednesday approved issuing $148 million in debt to finance infrastructure work supporting the proposed $5.5 billion Port Covington development. Baltimore’s Board of Estimates, controlled by Mayor Bernard C. “Jack” Young, who supports the project, approved the first tranche of what could be up to $660 million in tax increment financing for the [&he[...]
Video: Peaceful protests followed by unruly night in Baltimore
Protesters led by city youth took to downtown Baltimore’s streets Monday to demand justice for people killed during interactions with police across the nation, and an end to what activists call discriminatory policing. Thousands of protesters departed from the Baltimore Convention Center, walked along Interstate 83 and eventually ended the demonstration at City Hall without […]
Baltimore officials say Rainy Day Fund for budget deficit only
Baltimore will not use its emergency fund for purposes other than closing projected budget deficits, city officials said Friday. Department of Finance Directory Henry Raymond estimated the city’s Budget Stabilization Fund, also called the Rainy Day Fund, will amount to roughly $145 million by the end of the current fiscal year. Baltimore, he said, should […]
Video: Hogan discusses COVID-19’s economic ramifications
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BDC president: Dixon’s claim on $30M loan fund ‘un-factual’
The head of Baltimore’s economic development entity said claims by a former mayor that the quasi-public organization is sitting on $30 million in funds it should be lending are untrue. During the Baltimore Development Corp.’s board meeting Thursday, Christy Wyskiel, a board member from Johns Hopkins University, asked about claims made by former Mayor Sheila […]
Ground Up Podcast: Former Baltimore Mayor Catherine Pugh’s fall from power
Former Baltimore Catherine Pugh in roughly a year went from Baltimore’s 50th executive to a convicted felon facing 57 months in prison. This episode of the Ground Up Podcast examines the roots of the “Healthy Holly” scandal and what lies ahead for Pugh, who is slated to be sentenced on Feb. 27.
Compare Foods plans first Baltimore area location
Grocer Compare Foods plans to open its first store in the region at the Alameda Marketplace in northeast Baltimore. Compare Foods plans to open by the end of March 2020 and employ a mix of 50 part-time and full-time employees. The grocer takes over a 24,560-square-foot lease from Shoppers Food, which recently closed after ownership […]
Baltimore posts top 10 list ‘no one wants to make’
Property management firms dominate a running list of individuals and businesses most frequently cited in Baltimore for trash, sanitation and illegal dumping violations during the last 12 months. The list of the 10 most frequent offenders includes eight property management companies that have been cited a combined 147 […]
McCray pushes Baltimore police residency requirement bill
ANNAPOLIS — Sen. Cory McCray continues pushing legislation permitting Baltimore to require certain high-ranking police officers to live in the city, despite opposition from the department. The legislation is needed, McCray said, because Baltimore benefits when law enforcement leaders are invested in the city’s future in a way that can only happen when those officers […]
Baltimore wants new dwelling tax credit back
Bree Jones is an emerging developer who formed her company Parity with the goal of reducing the disparity in homeownership.
Chasen set to introduce butler app at Baltimore apartments
Chasen Construction and Development expects to introduce butler app Hello Alfred to four of its Baltimore apartment buildings in February.