Plaza

Urgent Legal Battle Erupts as Riverfront Plaza Faces Foreclosure Risk amid Tenant Lease Expiration

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Richmond, Virginia — The Riverfront Plaza office complex faces a potential foreclosure following a lawsuit filed against its owner, Hertz Investment Group. With a crucial lease for one of its primary tenants nearing expiration, the situation has escalated as financial struggles continue to plague the nearly 1 million-square-foot property. Wells Fargo, representing the noteholders for Riverfront Plaza, filed the lawsuit on August 11 in Richmond Circuit Court. The financial institution is seeking over $131 million in damages and aims to appoint a receiver to take control of the management of the property, located at 901-951 … Read more

Birmingham Takes Bold Legal Action, Seeks to Declare Norwood Plaza Apartments a Public Nuisance Amid Ongoing Drug Crisis

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Birmingham, Alabama, has initiated a legal battle to address ongoing safety concerns linked to Norwood Plaza Apartments, a property that city officials have described as a site of persistent drug-related criminal activity. The city filed a lawsuit on Friday in the Jefferson County Circuit Court seeking to classify the apartment complex and its management as both a drug-related nuisance and a public nuisance under Alabama law. The suit follows numerous documented instances of illegal behavior at the Norwood neighborhood complex, which is located at 1717 32nd Place North. City officials claim that years of drug … Read more

Santa Fe Ordered to Rebuild Historic Plaza Obelisk: Judge Rules in Favor of Preservation amid Community Debate

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SANTA FE, N.M. – A significant legal decision on Friday mandated the city of Santa Fe to reconsider the fate of a historic obelisk that was torn down by protesters on Indigenous Peoples Day in 2020. State District Judge Mathew Wilson decided that the city must remove the large wooden box that currently hides the remnants of the Soldiers’ Monument and make a decision on how to proceed with the structure within 180 days. The obelisk, which stood in Santa Fe’s central plaza for over 150 years, became a flashpoint for cultural and racial tensions. … Read more