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Alabama radio station WJLX booted from air after 200ft tower vanished

“Have you ever seen a 200-foot tower go by?” That’s the question WJLX general manager Brett Elmore asked everyone last week after thieves broke into the station’s AM tower, forcing the station to shut down. That’s a question. A station in Jasper, Alabama, has been ordered off the air by the Federal Communications Commission (FCC) […]

Wrecking crew accidentally hits transmission tower with wall, causing explosion

On Friday, demolition workers demolishing a burned-out St. Louis factory accidentally slammed a brick wall into a power tower, causing a brief explosion that flickered power to some downtown buildings. Missouri coroner charged with stealing money from dead man and falsifying cause of death No one was injured, but the St. Louis City Council lost […]

Alabama thieves steal 200-foot radio tower

A landscaper in Jasper, Alabama, was cleaning a property when workers noticed that a 200-foot-tall radio tower was missing. Brett Elmore, General Manager WJLXall the equipment on the radio tower site It was stolen and the wires were cut. “This will probably come out eventually, so it might be a good idea to get it […]

Thieves steal 200-foot tower from Alabama radio station

Employees at an Alabama radio station are puzzled how a 200-foot-tall tower was stolen from their property. WJLX station manager Brett Elmore told WBRC-TV he doesn’t know how the thieves got away with the structure. “I tried all weekend to figure it out and just couldn’t,” Elmore said. “I’ve been in radio all my life, […]

Upper West Side luxury rental tower Aire sells for $265M

A luxury Upper West Side rental apartment tower known as Aire was quietly sold to the established Gotham Organization and Carlyle Group, a Realty Check investigation has learned. This confirms that new energy will be born in the multifamily investment sales market. The 43-story, 310-unit building at 200 West 67th Street behind Lincoln Center sold […]

Mercedes debuts $1B luxury tower where apartments cost up to $10M

Mercedes-Benz has debuted a $1 billion luxury residential tower in Dubai, where apartments are expected to cost as much as $10 million each. The luxury car company, dubbed Mercedes-Benz Place, has announced its entry into the real estate industry. Instagram This is being done in collaboration with UAE developer Binghatti. The 65-story building will rise […]

Gucci owner pays nearly $1B to scoop up tower on red-haute Fifth Avenue

Gucci's owners purchased a prime Fifth Avenue retail property on Monday for a whopping $963 million. This could mean an exit from its flagship store for rival fashion house Armani. Gucci's parent company, Kering, is building a 115,000-square-foot, three-story retail space at 715-717 Fifth Avenue at East 56th Street, at the base of a 28-story […]

Blackstone’s defaulted NYC office tower being sold at more than 50% discount

More than a year ago, Blackstone defaulted on a $308 million mortgage on a Manhattan office tower, and that debt is now on sale at a discount of more than 50%. Special servicer Midland Loan Services was hired by brokerage firm Jones Lang LaSalle to sell Blackstone's loans. The loan is backed by 1740 Broadway, […]