MEDIA

Wireless Toyz CEO buys Hotel St. Regis neighbor, under contract for downtown office building

Posted on 18 Jun 2014 in Uncategorized | 0 comments

A 64,000-square-foot building connected to the Hotel St. Regis in the New Center Area was purchased at auction by the same person who bought the Park Apartments building in February; the buyer also has a Wayne County-owned downtown office building under contract. Joe Barbat, the CEO and chairman of Southfield-based Wireless Toyz, said he closed […]

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Hotel St. Regis Neighbor Purchased

Posted on 16 Jun 2014 in Uncategorized | 0 comments

Kirk Pinho for Crain’s Detroit Business A 64,000-square-foot building connected to the Hotel St. Regis in the New Center Area was purchased at auction by the same person who bought the Park Apartments building in February; the buyer also has a Wayne County-owned downtown office building under contract. Joe Barbat, the CEO and chairman of […]

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I’ve been priced out of downtown Detroit

Posted on 03 Jun 2014 in Uncategorized | 0 comments

Amid efforts to revitalize Detroit’s downtown, some residents are finding they can no longer afford to live there. Detroit, which filed for bankruptcy last July, has received millions of dollars from individuals, corporations and other organizations to help save its neighborhoods.One program, called Live Downtown, has attracted as many as 15,000 new residents to the downtown […]

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30 condos listed for sale at new downtown Ann Arbor development

Posted on 27 May 2014 in Uncategorized | 0 comments

The development team behind the Montgomery House project on Ann Arbor’s South Fourth Avenue is now marketing the building’s 30 units for sale. Instead of half apartments and half condominiums as originally planned, the addition to the building at 210-216 S. Fourth Ave. will contain all condos. “The market is very, very hot for condos […]

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Park Apartments buyer plans $6M in upgrades, will rename building Briggs House Residence

Posted on 15 Apr 2014 in Uncategorized | 0 comments

The buyer of the vacant Park Apartments building on West Adams plans more than $6 million in renovations – and a renewed focus on the building’s history in downtown Detroit. Joe Barbat, who bought the building, between Park Avenue and Clifford Street, in an off-market deal for $3.25 million, told Crain’s he plans to rename […]

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Housing boom: 2 downtown Ann Arbor buildings seek to add floors for apartments or condos

Posted on 08 Aug 2013 in Uncategorized | 0 comments

The owners of two adjacent properties located in Ann Arbor’s Main Street Historic District want in on the downtown housing boom.   Running Fit owners Randy Step and Steve Angerman proposed adding two floors of residential units along with a rooftop patio to their existing one-story building at 121-123 E. Liberty. Meanwhile, Joe Barbat, the new owner of the mixed-use building at 210-216 S. Fourth Ave. wants […]

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