Baltimore Checkbook

Should I stay or should I go? Radio One makes a...

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Radio One Inc. (NASDAQ: ROIA) won’t be leaving Montgomery County after all. The Silver Spring-based urban radio network has renewed its lease with Brandywine Realty Trust at 1010 Wayne Ave. and 8484 Georgia Ave. after exploring a range of alternate locations in Washington, D.C., and Bethesda, as well as Silver Spring, according to sources familiar with the deal. The company’s decision to stay is positive economic development news for Montgomery County in its ongoing competition with the District…

Maryland sues State Center developer to stop...

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Gov. Larry Hogan’s administration threw the first punch in what is quickly looking like a legal fight between the state and developers of the beleaguered $1.5 billion State Center project. The state has filed a lawsuit against State Center LLC, asking the Baltimore City Circuit Court to void leases related to the project in Midtown Baltimore. The lawsuit comes after Maryland’s Board of Public Works voted unanimously Wednesday to disapprove of the leases after Hogan said they would have a detrimental…

Open Works partners with Coppin State on...

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Open Works, the $11.5 million makerspace on Greenmount Avenue, is partnering with Coppin State University for new mentorship and internship programs. Through this partnership, 425 undergraduate students from Coppin’s College of Business will be able to mentor young people at the makerspace on the basics of business administration and faculty members will be able to research the role of makerspaces in the business context of Baltimore City and urban entrepreneurship. Coppin’s use of the space will…

Year in Review 2016: How Baltimore area public...

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From Brexit to Donald Trump winning the presidential election, 2016 has been a year chock-full of surprises for investors and just as mixed for Greater Baltimore’s public companies. While some companies such as T. Rowe Price Group Inc., McCormick & Co. Inc. and Ciena Corp. are up year-to-date, Under Armour Inc. and Legg Mason Inc. have seen their stock prices tumble. What started off as a turbulent year for investors has turned around after Trump’s victory on Election Day when stocks began to rise.…

Year in Review 2016: The 10 most-read real estate...

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This was, without a doubt, a crazy year for real estate in Baltimore. The 266-acre Port Covington project was the talk of the town in 2016, covering everything from its vast resident real estate plans to a new campus for Under Armour. But that wasn’t the only real estate story do dominate headlines this year. Below are our 10 most-read real estate stories of the past year, ranked from least to most read. 10. July 25— Johns Hopkins ups the ante on ‘live near your work’ with $36K deal 9. April…

Year in Review 2016: For JBG and Vornado, the...

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The JBG Cos. suffered one of its most public disappointments over the summer, when it was forced to call off its planned merger with New York REIT Inc. (NYSE: NYRT) to form what would have become an $8.4 billion enterprise to be called JBG Realty Trust Inc. JBG Managing Partner Matt Kelly declined to call it a setback but said his Chevy Chase-based development firm wasn’t pursuing any other paths to become a publicly traded real estate investment trust. The status quo for JBG, which has relied on…

Montgomery County's largest taxi company files for...

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The parent firm of the largest cab company in Montgomery County filed for Chapter 11 bankruptcy protection in federal court this week, pointing to ride-sharing companies like Uber as a primary reason for declining revenues. “We’re going to reorganize, restructure and remain in business,” Lisa Merdoc, Barwood Inc.’s corporate communications and quality assurance manager, told Bethesda Magazine. The company stated it has 57 employees, but that number doesn’t account for the taxi drivers…

8 things you need to know this morning

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Good morning, and happy Thursday. The holiday weekend is almost upon us! Today is going to be unseasonably warm, though — a common theme it seems for Maryland during this time of year. Temperatures could reach the 50s by this afternoon. There’s no rain in the forecast today or tomorrow, so if you’re traveling it should be smooth sailing. Here are eight things to know to get your day started. Tired of dealing with drivers on Interstate 95? You’re in luck. Soon, you could be sharing the road…

Year in Review 2016: The ups and downs at City...

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City Hall never seemed to have a dull moment over the past year. From protests, disagreements between elected officials, minimum wage bills and new administrations, 2016 will having a lasting impact on Baltimore’s government. When looking back at the year that was, typically the story will begin with January. But a newly installed mayor and City Council, both of which took office earlier this month, takes precedent. Catherine Pugh, the former state senator, replaces Stephanie Rawlings-Blake, who…

A new partnership is helping this local health IT...

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DinnerTime Inc., a local health IT company, secured a partnership with the American Federation of Teachers and launched nationally to its 1.6 million members. This is the second large launch deal DinnerTime has landed this year — the first with American Heart Association was announced in May — and company officials say there are more deals in the pipeline for 2017. DinnerTime created a technology to generate personalized meal recommendations based on a person’s, or family’s, tastes, budget…