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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 ...
Two exceptional Michigan properties are set to be auctioned online Monday, presenting an opportunity to acquire truly remarkable estates. One of these properties, known as Eagle’s Crest, is a ...
In October 2003, his real estate firm Taubman Centers survived a hostile takeover bid by the Simon Property Group and Westfield America. [15] On February 10, 2020, it was announced that Simon Property Group had entered into a deal to acquire competing Taubman Centers for $52.50 a share, in a deal valued at $3.6 billion.
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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 2023). In 1966, Manoogian donated the mansion to the City of Detroit.
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 ...
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