15 Biggest Business Stories of 2015 in Rhode Island

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#8

Superman – Domino Effect

It is still empty and the effect it is having on the value of commercial real estate is significant. The Superman building may have no value which creates a drag on the value of other building. 

As GoLocal reported in a series of artilces:

Now the new owners of the Providence Journal Building are seeking a major reduction in the assessed value 

Will a new appraisal of the Providence Journal building that is two-thirds less than what the city last had on the books have a spillover effect to the rest…

ORIGINAL SOURCE: Click Here to Continue Reading Article…