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Tom Clancy estate valued at $50M
The late author and historian Tom Clancy left an estate worth $50 million, Baltimore court records show.
GM says sales picking up at the Ritz-Carlton
Sales of the luxury condos at the $220 million Ritz-Carlton Residences in Federal Hill have been steady this year, due, in part, to social media, word on the street and old-fashioned hustle, reports General Manager Joe Graziose. “The market seems to be responding,” said Graziose, also a senior vice president with Long Island-based RXR Realty, […]
Top 3: ‘It’s all about money’
Since we have an abbreviated week, we’ve also got an abbreviated top 5 (we’re calling it a “top 3”). Units at the Ritz-Carlton Residences are selling, and the Maryland Transit Administration isn’t saying who’s getting the bid for two MARC lines. 1. Prices lower, Ritz units are selling – by Melody Simmons Ownership of the […]
Week in review: 11/25/11
Ritz units sell at lower prices The $220 million Ritz-Carlton Residences on the Baltimore waterfront is back in the hands of its Long Island, N.Y.-based developers nearly two years after the luxury development underwent a massive refinancing amid problems stemming from construction lawsuits and the recession. Grand Prix hit with tax lien Maryland is seeking […]
Prices lower, Ritz units are selling
Ownership of the $220 million Ritz-Carlton Residences is back in the hands of its Long Island-based developers nearly two years after the luxury development underwent a massive refinancing amid problems stemming from construction lawsuits and the recession. The stately luxury development, perched at the water’s edge on Key Highway, remains one of the city’s most […]
Fireworks look like a go for New Year’s Eve in Baltimore
It looks like Baltimore will ring in the 2012 with fireworks after all. City officials said Friday that more than $32,500 was donated following a report Thursday in The Daily Record that the city’s Office of Promotion & the Arts lacked money for the annual fireworks display on New Year’s Eve. “We are confident we’ll […]
Melody Simmons’ real estate notebook, 6/3/11
Grim news on the residential home sales front released Tuesday by Standard & Poor’s show a first quarter decline by 4.2 percent in the U.S. National Home Price Index. That means housing values continue to turn downward. The report highlighted 20 U.S. cities including Atlanta, Boston, Los Angeles and Washington (the only city where home […]
Ritz Carlton Residences to host Baltimore Symphony’s decorators’ show house
A group of 27 designers are working diligently these days to decorate two luxury units at Baltimore’s Ritz Carleton Residences in the hopes of attracting up to 12,000 visitors there in May. That’s because the site has been selected by the Baltimore Symphony Associates for the 35th annual Decorators’ Show House, complete with valet parking […]
Top 5: The hunt for penthouse real estate
Last week’s top five business stories by The Daily Record staff was dominated by real estate. A multibillion-dollar, state government-backed development gets thrown a roadblock. A multibillion-dollar, mixed-use project in Prince George’s County gets its first apartment stock. And an author who’s sold millions of books gobbles up coveted penthouses at a prime Inner Harbor [&hellip[...]
Tom Clancy buys entire penthouse level at Ritz-Carlton Residences
Operators of the posh Ritz-Carlton Residences say they have closed on 10 units since lowering prices on some apartments this summer, three of which were bought by bestselling author Tom Clancy, who now owns the entire penthouse level of one building. The luxury waterfront development on Key Highway has 190 units. To date, 33 have […]
