Is the gov’t willing to sell equity stakes in state-controlled companies or making excuses not to do so? Athens International Airport is among the projects that lies ahead for the privatization fund, as the government intends to extend its existing leasing contract within 2011. By Dimitris Kontogiannis Greece will be unable to meet its fiscal deficit targets as long as it views the public sector in general as the economy’s sacred cow and pursues economic policies leading to the crowding Read more [...]

THE Seylynn Village site has been put up for sale nearly two years after zoning was approved for a high-density residential and commercial development.Hynes Development, the owners of the five-acre site at Mountain Highway and Fern Street near Highway 1, had a zoning amendment approved to build a 690-unit, two-tower development on the site in October 2009.Following approval, the company said they expected to start construction in the summer of 2010, but the company never sought a development permit Read more [...]

Open House: Camelot Villa manufactured home community is hosting an open house featuring community-owned homes, bank-owned homes and resident-listed homes. More than 20 homes for sale with two, three and four bedrooms, and features such as decks, fireplaces, carports and more. Prices range from $10,000 to more than $50,000. Low interest rates and low down payments are available for qualified buyers. The event takes place today, noon-6 p.m. Camelot Villa is at 17111 Hall Road in Macomb. For more Read more [...]

Don King, the American boxing promoter, has recently sold his two contiguous properties in Manalapan for $15,950,000. The two main estates, with 17,726 square feet of living area, sold for $900 per square foot. Built in 1994, the properties have nine bedrooms and 10 bathrooms. Included are marble and carpeted floors, a wet bar and fireplace. The estates sit on more than three acres and 300 feet of waterfront on the Intracoastal with gardens, courtyards, Read more [...]