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Waldorf Astoria Penthouse Near Tampa Sold for Record $27 Million
Waldorf Astoria Penthouse Near Tampa Sold for Record $27 Million

Bloomberg

time4 hours ago

  • Business
  • Bloomberg

Waldorf Astoria Penthouse Near Tampa Sold for Record $27 Million

A duplex penthouse at the planned 50-story Waldorf Astoria Residences tower in St. Petersburg, Florida, sold for $27 million, smashing the record for the most expensive condo in the Tampa Bay area. The project, slated for completion in 2030, would be the tallest building in the Gulf Coast city. It's the latest example of luxury developers expanding throughout coastal Florida, betting that the high demand and prices for waterfront condos will spread beyond traditional markets like Miami.

Chuck E. Cheese Is Growing Up and is Launching Acades For Adults — GeekTyrant
Chuck E. Cheese Is Growing Up and is Launching Acades For Adults — GeekTyrant

Geek Tyrant

time2 days ago

  • Entertainment
  • Geek Tyrant

Chuck E. Cheese Is Growing Up and is Launching Acades For Adults — GeekTyrant

Chuck E. Cheese is no longer just for kids' birthday parties and awkward pizza parties. The iconic animatronic rat and his crew are stepping into the adult world with Chuck's Arcade, a brand-new spinoff designed specifically for grownups. The company is starting with ten Chuck's Arcade locations across the U.S., including St. Petersburg, FL; Trumbull, CT; Oklahoma City and Tulsa, OK; Victor, NY; Buford, GA; El Paso, TX; Nashua and Salem, NH; and St. Louis, MO. Each site is designed to be a nostalgia-fueled, game-heavy hangout spot. This isn't just a half-hearted attempt at reinvention either. Chuck E. Cheese is leaning all the way in. According to the official release, Chuck's Arcade will 'combine classic games and the hottest new games alongside iconic animatronic characters,' and serve as 'a new destination where nostalgia meets the future.' 'Chuck E. Cheese has spent decades mastering the arcade experience — it's in our DNA,' said David McKillips, CEO of Chuck E. Cheese. 'Thanks to the expertise of our talented technicians and the successful transformation of almost 500 fun centers worldwide, we've built the operational and creative foundation to take our brand beyond our traditional four walls. 'Chuck's Arcade is a natural evolution — an opportunity to extend our arcade legacy into new formats that engage both lifelong fans and a new generation through a curated mix of retro classics and cutting-edge experiences.' Each Chuck's Arcade will even be 'overseen' by one of the animatronic band members, and select spots will feature exclusive retro merch, including old-school logo apparel, collectible toys, novelty candy, and prize redemption items. It's part of a bigger strategy to tap into the millennial and Gen Z nostalgia economy. If you grew up feeding tokens into arcade games as a kid while your slice of pizza cooled, Chuck's Arcade wants you back. So, while Chuck E. Cheese may have started as the go-to spot for birthday chaos, it's evolving, just like its audience. Now the question is can an animatronic rat still party when the crowd's ordering craft beer and chasing high scores on a Dance Dance Revolution machine? We're about to find out. Via: Nerdist

ResProp Management reportedly acquires 304 units in Florida for $37M
ResProp Management reportedly acquires 304 units in Florida for $37M

Yahoo

time3 days ago

  • Business
  • Yahoo

ResProp Management reportedly acquires 304 units in Florida for $37M

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Built in 1974, the Gateway on 4th Apartments in St. Petersburg, Florida, has consistently maintained strong occupancy despite its age. That occupancy, along with the property's location in one of Florida's fastest-growing metros, was an attraction to the most recent buyer, according to Berkadia Managing Director Brad Williamson. Florida's Business Observer identified ResProp Management as the purchaser of the 304-unit property. The Austin, Texas-based firm acquired the asset from a South Florida investor for $37 million on June 30. 'They [the buyer] owned and operated a lot of similar properties on the west coast of Florida,' Williamson said. 'They like the location and felt it was a good addition to their portfolio.' Williamson, who financed the property the last two times it was sold, attributes the asset's performance to strong management. 'We've worked with both the seller and we've worked with the buyer,' Williamson said. 'Both groups have strong track records in property management.' Berkadia originated a Freddie Mac-backed $33.3 million fixed-rate loan with a five-year term and three years of interest-only payments. Williamson, Berkadia Associate Director Wes Moczul, Senior Managing Director Mitch Sinberg and Managing Directors Scott Wadler and Matt Robbins of Berkadia Miami and Boca Raton arranged the financing. 'We're seeing an appetite from lenders, debt, funds, banks and life companies, but Freddie and Fannie have been by far the cheapest cost of capital in the market,' Williamson said. 'When you run a process, it typically stands out as the best option.' Gateway on 4th Apartments consists of 32 two-story apartment buildings on a 15-acre site offering a mix of one-, two- and three-bedroom apartments ranging from 618 square feet to 1,498 square feet. The property's amenities include a swimming pool with sundeck, 24-hour fitness center, bark park, dog wash station, outdoor kitchen with picnic seating, firepit area, jogging trail and children's playground. 'The property has been well kept, and there were limited to no deferred payments,' Williamson said. The buyer plans several in-unit renovations, including adding washers and dryers, installing new appliances and replacing floors and fixtures as needed. 'With any older property, there's always an opportunity to do upgrades,' Williamson said. Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday. Recommended Reading San Diego-area apartment trades for $82M

Flyers' Egor Zavragin Badly Underrated in Latest Prospect Rankings
Flyers' Egor Zavragin Badly Underrated in Latest Prospect Rankings

Yahoo

time5 days ago

  • Sport
  • Yahoo

Flyers' Egor Zavragin Badly Underrated in Latest Prospect Rankings

Despite an excellent rookie season in the KHL, Philadelphia Flyers goalie prospect Egor Zavragin has yet to prove himself in the eyes of some experts. After starting the season 3-3-0 with HK Sochi and owning a .941 save percentage, Zavragin, 19, re-joined his parent club, SKA St. Petersburg, and effectively became the KHL powerhouse's full-time starter. The Flyers' 2023 third-round pick played a total of 37 regular season games for SKA, posting a 2.55 GAA, a .912 save percentage, and a 17-11-3 record to go along with three shutouts. Zavragin's fellow netminders, Artemi Pleshkov and Pavel Moysevich, combined for 17 wins in the 41 games played between them, and Zavragin is younger than both. But those stats at that age with that kind of responsibility didn't do much for him in the eyes of Scott Wheeler, one of The Athletic's NHL prospect experts. In Wheeler's latest rankings of the top 20 drafted goalie prospects, Zavragin managed to rank just 17th, ahead of only Carl Lindbom, Jakub Dobes, and Lucas Beckman. But, what's interesting is that Zavragin still placed in Wheeler's second tier, which spanned from No. 3 goalie Trey Augustine down to No. 18 goalie Lindbom. Philadelphia Flyers Leave NHL Draft with 2 Fatal Flaws The Philadelphia Flyers did well at the 2025 NHL Draft, but they were painfully close from going from good to great. Despite his low ranking, Wheeler was plenty complimentary of Zavragin's game and didn't note any negatives, which should come as good news for Flyers fans eagerly anticipating the Russian prospect's arrival in the coming years. Still, given his extremely young age (still 19 despite being drafted in 2023, born Aug. 23, 2005), Zavragin has a much longer developmental runway than some of his counterparts on the list, and he's already nearing a dominant level of play in a league like the KHL. Some of this year's draftees, like Joshua Ravensbergen, Pyotr Andreyanov, and Jack Ivankovic, all placed inside of the top-10. And, somehow, Devon Levi, the second-oldest player on the list, placed seventh despite failing to cement his place in the NHL on a team like Buffalo. Effectively, yes, while all these goalies are talented, it's hard not to feel like Zavragin was slighted, even just a little bit, in the rankings, but the Flyers and many of their younger prospects are happy to be the underdogs. Flyers' Egor Zavragin Repeats Rare KHL Club Achievement Top Philadelphia Flyers prospect and SKA St. Petersburg goalie Egor Zavragin continues to build on an impressive debut season in the KHL, accomplishing a rare feat that has only been done twice. As an aside, Wheeler ranked five 2025-drafted goalies ahead of Zavragin, and many of you who follow me online or followed my draft coverage here know that I was adamant about the Flyers taking a goalie with one of their top picks, including as high as the first round, with the poor performances all throughout the organization and perceived uncertainty around the NHL futures of Aleksei Kolosov and Ivan Fedotov. And Zavragin is actually the most recent goalie the Flyers have drafted, too (alongside draft classmate Carson Bjarnason), so, it makes you wonder. Philadelphia basically has all its eggs in those two baskets right now.

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