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Lender sues to seize Shaker Square

Lender sues to seize Shaker Square
COSTAR
The future of landmark Shaker Square on Cleveland s East Side just hit a surprise twist as the lender has filed to appoint a receiver to replace 18-year owner Coral Co. of Cleveland.
Editor s note: The original story was updated on Wednesday, Dec. 23, with comments from the property owner on the court case.
Breaking stride with lender forbearance and other measures that shopping center owners have used to cope with the pandemic s economic fallout, the lender behind an $11 million mortgage on Shaker Square has filed to seize the property through a foreclosure proceeding.
Wilmington Trust National Association of Delaware and Washington, D.C.-based special servicer CW Capital Asset Management on Dec. 17 filed a foreclosure proceeding in Cuyahoga County Common Pleas Court to recoup the landmark shopping center on Cleveland s East Side from Coral Shaker Square LLC, an affiliate of Coral Co. real estate development and manage ....

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Hopkins Airport provides travel tips for the holiday season

Hopkins Airport provides travel tips for the holiday season
wkyc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wkyc.com Daily Mail and Mail on Sunday newspapers.

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RTA urges federal government to provide more coronavirus aid for public transit

RTA urges federal government to provide more coronavirus aid for public transit
Updated Dec 09, 2020;
Posted Dec 09, 2020
RTA was among nine transit agencies on Wednesday urging the federal government to provide more coronavirus aid. Lisa DeJong, The Plain Dealer
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CLEVELAND, Ohio Greater Cleveland Regional Transit Authority on Wednesday was among nine transit agencies that urged the federal government to provide more emergency coronavirus aid for mass transit before the end of Congress’s lame-duck session.
RTA, along with transit systems in New York, California’s San Francisco Bay Area, Denver, New Orleans, Indianapolis, Philadelphia, Miami, and Utah, said the money is desperately needed to avoid deep service cuts, lay-offs, or other austerity measures. ....

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Coronavirus throws final days of Ohio's legislative session into disarray: The Wake Up for Thursday, Dec. 10, 2020

Coronavirus throws final days of Ohio’s legislative session into disarray: The Wake Up for Thursday, Dec. 10, 2020
© Laura Hancock/cleveland.com/cleveland.com/TNS
Ohio Statehouse
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Weather
Today will start out mostly cloudy with some patchy fog in the morning, but skies are expected to clear by the afternoon. Highs will reach the upper 40s. It will be partly cloudy overnight with lows in the upper 30s. Read more.
The headlines
Lame duck: The Ohio legislature’s lame-duck session has been thrown into increased uncertainty by the coronavirus, with COVID-19 concerns leading to canceled sessions and at least one major committee unable to hold votes because of mass absences. Jeremy Pelzer reports the lame-duck session is usually one of the busiest times of the year for state lawmakers, as they work long hours to pass a flurry of bills before ....

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Transit officials around the country warn of service cuts and layoffs

Transit officials around the country warn of service cuts and layoffs
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