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Palm Beach foreclosure case has ‘long and tortured history'

An aging, vacant apartment complex in Palm Beach will be sold at a foreclosure auction unless beleaguered island real estate developer and attorney Frederick J. “Rick” Keitel III pays a lender more than $5 million to satisfy a debt on the Midtown property, a circuit court judge has ruled. Palm Beacher Thomas B. D’Agostino Sr. and his son, Thomas B. D’Agostino Jr., acting as trustees of a family trust, won the foreclosure judgment in a multi-year case with “a long and tortured history,” in the words of Judge Richard L. Oftedal, writing for the  15th Circuit Court . The case revolved around 237 Brazilian Ave., which has been owned since February 2005 by Keitel’s  Florida Capital Management LLC . More Palm Beach Real Estate news In late June, Oftedal agreed that Keitel and his company owed the D’Agostinos nearly $5.1 million on a $2 million loan. When Keitel’s company bought the property for $2.5 million, the D’ Agostino charitable remainder trust lent him money to buy it, court doc...

Affordable-housing units planned near Smokies Stadium | News

SEVIERVILLE -- One proposed development consisting of 96 units in Sevier County made it through the application process to become a project in the state's 2017 Low- Income Housing Tax Credit program . It was the only proposed project in Sevier County to make the list, which included a special Sevier County disaster relief category . The project will bring 96 apartments to Lenz Drive, which is located near Smokies Stadium. The LIHTC program, which is administered by the Tennessee Housing Development Agency , scores and ranks initial applicants across the state. Glade Pointe was the only Sevier County project included on the rankings list released on Aug. 17 by THDA officials. A memorandum released late Thursday identified 22 projects across the state as finalists and said that "reservation notices will be issued as soon as possible" and that "underwriting is still underway." The 96- unit Sevier County apartment complex on the Aug. 17 list is identified ...

East Falmouth 40B Brings Out Affordable Housing Stereotypes | Falmouth News

Plans for a Chapter 40B development on Brick Kiln Road sparked tension between members of the Falmouth Zoning Board of Appeals and the public last Thursday, August 17, when some neighbors voiced concerns about the perceived negative impacts of having affordable housing in their neighborhood. The proposed rental development , named Brick Kiln Place , would include 20 units contained in 10 ranch- style duplex buildings on 3.66 acres of land. Developers John J. DeSangro and Dana J. Wessell of Northstar Construction, doing business as Northstar Place , LLC, submitted plans for the project in January. The proposed development is unofficially located at 123 Brick Kiln Road , and would sit between two residential subdivisions on Sophie Lane and Jamie Lane, built between 1960 and 2000. Zoning consultant Stephen O. McKenzie, representing Northstar Place , noted that Mr. Wessell and Mr. DeSangro live off Brick Kiln Road themselves, and chose to build the affordable housing development...

Minneapolis to launch drones to survey sewer problems

See more of the story Drones will take to the skies in some Minneapolis neighborhoods this fall to hunt for problems hidden in the city’s sewers. The city is experimenting with the technology as part of its annual smoke testing of the sewers, which helps crews spot trouble spots underground . It will be a first for the city’s public works department , though engineers across the country are discovering public uses for drones — including inspecting bridges and ditches in Minnesota. This year’s smoke testing will focus largely on areas in Northeast and Southeast clustered around the central Minneapolis riverfront . Residents there recently received letters warning they may see a drone flying above the street taking pictures . “We’re not flying the drones over anyone’s homes or over any private property,” said Katrina Kessler, the city’s director of surface water and sewers. Smoke testing helps determine if connections remain between the city’s sanitary and stormwater sewer systems , w...

Saxony Apartment Building

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Quizzes Lists Topics Save The Saxony Apartment Building is a historic apartment building in Cincinnati, Ohio, United States. Located along Ninth Street in the city's downtown, [1] this five- story brick building includes a distinctive range of architectural details. Among these elements are brick pilasters and projections, a three- story bay window on each side of the symmetrical main facade , semicircular balconies , and many stone pieces, such as pediments, keystones, and stringcourses. Due to its location at the intersection of Ninth and Race Streets, the Saxony appears to have two fronts: one onto each street. Although the Ninth Street facade is larger and more complex, the Race Street facade is nevertheless ornate as well: it features small yet elaborate semicircular balconies with wrought iron railings similar to those of the Ninth Street facade . [2] Constructed in 1891 according to a design by leading Cincinnati architect Samuel Hannaford , [1] the Saxony Apart...