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Frank German is about to learn the other side of one of baseball s most intense rivalries. The Yankees have traded their No. 24 prospect to the Red Sox in a deal centered around veteran reliever Adam Ottavino, the clubs confirmed Monday. Boston receives up Ottavino, German and $850,000 while New
Frank German is about to learn the other side of one of baseball s most intense rivalries.
The Yankees have traded their No. 24 prospect to the Red Sox in a deal centered around veteran reliever
Adam Ottavino, the clubs confirmed Monday. Boston receives up Ottavino, German and $850,000 while New York acquires a player to be named later or cash considerations, as well as space under the competitive balance tax threshold and on the 40-man roster. The exact dollar amount comes from multiple reports, including that of MLB.com s Mark Feinsand.
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12:50 PM EST Share The region ended 2020 with big job losses amid the pandemic and recent data make the outlook for 2021 unclear.
Jacksonville’s unemployment rate fell in December but Northeast Florida ended 2020 with huge job losses amid the COVID-19 pandemic.
The unemployment rate in the Jacksonville metropolitan area of Duval, Baker, Clay, Nassau and St. Johns counties fell from a revised 5% in November to 4.8% in December, the Florida Department of Economic Opportunity said Jan. 22.
The jobless rate at the end of the year was well above the record low of 2.6% at the end of 2019.
“The month-to-month changes in labor force and employment numbers in the last few months of 2020 sketch the current stage of the recovery: a market with anxious workers who couldn’t wait to return to work and cautious employers who had to justify hiring with evidence of solid demand,” University of North Florida economist Albert Loh said.
Type: Bank of America Tower, IberiaBank and parking garage
Parcel size: 1.73 acres
Buyer: Jacksonville Tower Florida Realty LP
Seller: Hertz Jacksonville One LLC
Previous sale: $88,000,000 in 2014
Recorded: Dec. 17
About the property: In Jacksonville’s largest Class A office property transaction in 2020, Group RMC of New York City bought Downtown’s tallest high-rise – the 42-story Bank of America Tower along with the adjacent IberiaBank building and a parking garage Dec. 15 for $75.5 million.
The purchase price was 14% less than the previous sale in July 2014.
According to its website, Group RMC is “a real estate co-investment group that invests in underappreciated office properties in non-gateway U.S. Markets.”
Updated Jan. 25
Two builders Paytas Homes and Toll Brothers have bought land worth over $6 million in Town Center, and permits are also being submitted to the city of Palm Coast for what will be known as the Entertainment District, according to Jeff Douglas, of Douglas Property and Development.
The red area in the distance is the location of the property purchased by Paytas Homes. The land bought by Toll Brothers is located just to the left. Courtesy image
Paytas
Paytas Homes already has a presence in Palm Coast; the company developed 380 single-family homes in Hidden Lakes, which is essentially sold out. The company recently bought Tract 19 in Town Center for $3.06 million and plans to build 200 homes (in sections of 25 at a time). Ground will break in the third quarter of 2021, according to CEO Jim Paytas Jr.