The route on Atlantic Avenue into downtown Delray Beach will soon possibly be redeveloped to expand new residential buildings, restaurants and offices. After 20 years of trying, it appears the time has come for construction to emerge. A controversial developer who once tried to buy the stadium of the National Football League’s Detroit Lions has emerged as a new bidder in the contentious West Atlantic project in Delray Beach. Harold “Sonny” Van Arnem is now one of six bidders seeking to purchase 6 acres at West Atlantic Avenue’s 600 to 800 block from the city, aiming to transform the downtown area into a bustling mixed-use project. Van Arnem entered the bidding when he became the managing principal of Uptown Delray LLC, which was previously led ...

New York-based Related Companies won city approval to build a 21-story apartment building on the site of a five-story building in downtown West Palm Beach that Macy’s formerly occupied. Macy’s vacated the five-story building at Related’s mixed-use CityPlace property in January 2017. The former Macy’s location is now used as a space for art exhibitions. City commissioners approved a resolution allowing a taller structure on the site of the former Macy’s department store in exchange for Related’s agreement to charge below-market rents for 15 percent of the apartments. Related has not submitted a site plan or a construction schedule for the planned apartment building, which is expected to have approximately 300 to 400 apartments. Under its agreement with the city, Related would charge below-market rents ...

What’s been happening to that good old-fashioned American way to sell your home — doing it yourself, with minimal or no commission costs? If you believe new data from the National Association of Realtors’ Buyer/Seller survey, for-sale-by-owner transactions — popularly known as FSBOs (“Fizzbos”) — appear to be on the same trendline as buggy whips: They’ve just hit their all-time low of 7 percent as a share of total home-sale transactions. They were 8 percent the previous year. Both numbers are down from 15 percent in 1981 and continue a slow but steady decline. So FSBOs are fizzling. But is that the full story? Or is something else happening that’s a bit more complicated? Traditionally, doing a FSBO meant that you, the homeowner, took on ...