Providence Business News reports on Cornish’s purchase of the historic Lapham Building on Westminster Street: Cornish Associates LP has added to its Westminster Street portfolio again. The Providence firm responsible for much of the residential redevelopment of downtown has purchased the historic Lapham Building for $2.7 million, director of development […]
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Cornish’s Steve Durkee Guest Mindsetter on GoLocalProv: Why Providence Needs Superman
Why rental apartments? Why not build office space? The answer is one of simple supply and demand and real life tax and real estate value consequences. Two separate economic impact studies both concluded the current office market in Providence is weak, with historically and consistently low absorption rates for office […]
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