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Daily Archives: December 2, 2015

Detroit tries unconventional approach to restoring its housing market

Redevelopment NewsBy FRAstaffDecember 2, 2015

DETROIT — For Jazley Trouser, a 25-year-old Home Depot worker who has endured her share of hard times, the opportunity to become a homeowner was too good to pass up. With a $1,000 bid on the city’s online auction site, Trouser bought a four-bedroom Tudor plundered by thieves. A $25,000 grant from a community bank…

Developer wins right to restore historic former YMCA in downtown St. Petersburg

Redevelopment NewsBy FRAstaffDecember 2, 2015

ST. PETERSBURG — The battle over the sale of the historic former YMCA building is over and developer Nick Ekonomou, who bought it more than a year ago, is ready to begin restoration. “The project now moves forward full steam ahead,” he said Wednesday. Ekonomou said he has hired local architect Jack Bodziak and is…

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