Buyer wants out of $14.3m condo deal
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The buyer of Boston's most expensive condominium, the $14.3 million penthouse at the swank Residences at Mandarin under construction at the Prudential Center, sued the developers to get out of the deal, saying the unit doesn't have enough light.
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The company said its quarterly loss ballooned to $302.6 million as it struggled with its mortgage lending arm and said it is trying to renegotiate the sale of the unit.
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Business & money: Â· Buyers renegotiate deal in face of tighter creditÂ· Housing sales fall for five successive months.
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The prospective new owners of Boston's Fan Pier said yesterday they would not rule out selling sections or taking on partners to develop nonresidential components of the 3 million-square-foot project.
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Nashville Predators owner Craig Leipold has asked the NHL to hold off its consideration of a deal to sell the team to Canadian billionaire Jim Balsillie.
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Hong Kong property firm Chinese  Estates Holdings Ltd. (0127.HK) is in talks with investors on a  possible buyout of the firm, valued at more than US$4 billion,  sending its shares up as much as 30 percent to a record high.
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Man who made no mortgage payments for 15 years allowed to keep his home
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Here's an uncomfortable housing  scenario that's getting more common in this soft market: You  put in a contract on a new house. You can't sell your old  house. The sellers are getting pushy.
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A troubled company in the troubled housing sector.
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During a negotiating session today in Toronto, NHL owners are expected to turn thumbs-down on last week&#39;s proposal from the NHL Players Association.
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Former Boston businessman Frank H. McCourt Jr. has sold the last valuable pieces of his South Boston Waterfront land, two restaurant buildings on the water's edge, for a little more than $4 million.
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The owners of Fan Pier, following two recent unconsummated deals, are considering a range of options, including not selling the land at all, an executive familiar with the marketing of the site said yesterday.
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Here's an uncomfortable housing scenario that's getting more common in this soft market: You put in a contract on a new house. You can't sell your old house. The sellers are getting pushy.
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A management resignation and light earnings provide a buying opportunity.
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The investor Carl C. Icahn bid $955.9 million yesterday for WCI Communities, the Florida builder of condominiums and single-family homes, after saying he wanted to oust the board because the stock was undervalued.
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A 67-year-old public housing tenant forced the Hong Kong government and three of the world&#39;s largest financial institutions on Sunday to postpone indefinitely a $2.73 billion real estate offering.
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By Ismail Turay Jr. Staff Writer  BEAVERCREEK -- Several residents are fuming over a developer's proposal to build condominiums near their homes, saying the multifamily units may attract young, irresponsible tenants, causing the neighborhood's property values to decline.