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REALCO, REA Leasing, Co., was a subsidiary of Railway Express Agency, intended to be a fleet of semi-trailers that were owned and serviced by REA and leased to railroads, often decorated with the leasing railroads logo and colors, under either the general reporting mark 'REAZ' or a company specific reporting mark starting with an "R". [25]
The mansion was built in 1928 at the cost of $300,000 ($5.32 million in 2024).The original owner lost the home during the Great Depression and it sat vacant until Alex Manoogian, founder of the Masco company, purchased the home at an auction in 1939 for a mere $25,000 ($0.55 million in 2024).
In 1905 Olds left Oldsmobile and established a new company, REO Motor Car Company, in Lansing, Michigan. Olds had 52% of the stock and the titles of president and general manager. To ensure a reliable supply of parts, he organized a number of subsidiary firms, like the National Coil Company, the Michigan Screw Company, and the Atlas Drop Forge ...
While many were flocking from Detroit, leaving abandoned homes and distressed neighborhoods in their wake, Laura Breisch was house hunting. A faithful Motor City denizen, Breisch started looking ...
The Detroit Land Bank Authority [1] is a public authority that owns and manages approximately 100,000 parcels of property in the city of Detroit, making it the city's largest landowner. [ 2 ] Occasionally framed as a quasi-governmental entity , the Detroit Land Bank operates a number of programs to reduce the number of Detroit properties that ...
Rose Terrace was a private home located at 12 Lake Shore Drive in Grosse Pointe Farms, Michigan. Built in 1934 by Anna Dodge, widow of automobile pioneer Horace E. Dodge, it was designated a Michigan State Historic Site in 1971 [2] and listed on the National Register of Historic Places in 1971. [1] Despite this, the house was demolished in 1976.
While her business has been a success so far thanks to this hard work, Detroit's real estate boom helped fuel this success. The median price plummeted to $58,900 in 2009 and the city filed for ...
The Col. Frank J. Hecker House is a historic home in Detroit built in 1888 for local businessman and railroad-car manufacturer Colonel Frank J. Hecker. Located at 5510 Woodward Avenue , it was designated a Michigan State Historic Site in 1958. [ 2 ]
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