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In 1998, it acquired Embarcadero Center for about $1.22 billion and acquired Prudential Tower and The Shops at Prudential Center for $519 million. [9] In 2000 and 2001, the company completed development of several office buildings in Reston Town Center. From 2002 to 2005, it constructed 901 New York Avenue NW in Washington, D.C. [10]
In 2013, Harris and Blitzer bought the New Jersey Devils of the National Hockey League (NHL) and their arena, the Prudential Center, from Jeff Vanderbeek for $320 million. [46] The franchise was valued at $1.17 billion by Sportico in 2023, with the Prudential Center grossing $85 million in 2022, ranking it among the highest-grossing arenas ...
CenterMark, formerly known as May Centers, was a mall development company owned by a consortium of Westfield Holdings Ltd., General Growth Properties, and Whitehall Street Real Estate L.P. III. And it was formerly owned by the May Department Stores Company until 1992, and Prudential Insurance until 1993.
In 2006, the company acquired Atlanta-based real estate brokerage Harry Norman Realtors. [8] [9] In 2012, the company acquired real estate brokerage firms from Prudential and Real Living and rebranded Prudential Real Estate to Berkshire Hathaway HomeServices. [10] [11] In August 2013, the company acquired Prudential Fox & Roach, Realtors ...
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In October 2022, Adelman bought a 10% ownership stake in Harris Blitzer Sports & Entertainment from Michael G. Rubin, which owns and operates the 76ers, the NHL's New Jersey Devils, and the Prudential Center. [31] On December 19, 2024, Philadelphia City Council approved Adelman's plans for the $1.3 billion 76 Place arena project in a 12–5 vote.
Although Washington Harbour was drawing "huge crowds" every evening and on weekends when the weather was warm, [90] Prudential Real Estate Investors sold the complex in March 2010 to MRP Realty and the Rockpoint Group for about $244.5 million. [91] Real estate insiders said Prudential may have needed cash for other, more lucrative investments.
Prudential Apartments (Sing-Sing) Stella Wright Homes (demolished) Scudder Homes (partially demolished) Christopher Columbus Homes (demolished) Hayes Homes (demolished) Seth Boyden Terrace (vacant) Otto Kretchmer Homes (Dayton Street) (partially demolished) Genesis Towers (vacant) Hill Manor (demolished) Oriental Village; Garden Spires
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