Lambertville
REAL ESTATE
Editorial: Private investment needed
The restoration of the Spitzer and Nicholas buildings and the rebirth of the Four Corners where Madison Avenue meets Huron Street continues to inch along thanks to support from Ohio’s Historic Preservation Tax Credit Program. (“Spitzer Building gets $9.2M in tax credits,” Thursday) The $190 million project to convert 500,000 square feet of empty space in historic but decrepit buildings into retail and residential options has now tapped Ohio’s preservation program for $19.2 million. The Nicholas Building received a $10 million credit last year. Read more Blade editorials Toledo restoration projects pulled in $14.4 million, totaling more than 20 percent of the $68 million in tax credits Ohio granted this year. In each of the projects the state tax credit is worth slightly more than 10 percent of the project cost. Ohio targets a tenfold return on the tax credits from private investment.
What Days on Market tell us about the Real Estate Market
What Days on Market tell us about the Real Estate Market. The real estate market can often seem like a complex puzzle. One of the key pieces of this puzzle is the duration it takes for properties to sell. But what can the length of time it takes for a...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.