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Canadian Billionaire Known for Purchasing the Silverdome in Pontiac, Michigan Dies at 69
February 16, 2021 GMT Media note: Photography is available for download here.
TORONTO, Feb. 16, 2021 /PRNewswire/ - It is with profound sadness that Triple Group of Companies (TGC) announces today the sudden death of Chairman and CEO, Andreas (Andy) Apostolopoulos. He passed away peacefully at his home on Monday, February 15, 2021. He was 69 years old.
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The Greek-Canadian billionaire is best known as the modest businessman who revitalized properties in empty business areas and communities, redeveloping them into useful income-producing assets.
The controversial billionaire owner of a pair of iconic properties in and around Detroit died Monday at age 69, his company announced today. Andreas Apostolopoulos, the chairman and CEO of Toronto-based Triple Properties Inc., previously was the owner of the Pontiac Silverdome, the former home of…
Conditions worsen inside Penobscot building in downtown Detroit
Building conditions are fast deteriorating inside a landmark 1928 skyscraper in downtown Detroit that has been racking up scores of blight violations in recent years.
The 47-floor Penobscot building, 657 Griswold St., visible for miles at night with its glowing rooftop orb, has been without running water since late January and lost power for three days last week, disrupting some virtual proceedings for Wayne County Circuit Court, which houses computer servers in the building.
Tenants say the Penobscot s elevators are regularly breaking down, and on Monday, when frigid outside temperatures were in the teens, the entrance lobby lacked heat, and toilets throughout the building were backed up and nearly overflowing with excrement.
Real Estate Insider: Everything has a price tag. Guess how many zeroes are in the Penobscot s.
Iconic skyscraper s maintenance woes continue; city may sue
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Larry Peplin for Crain s Detroit Business
The iconic 1 million-square-foot Penobscot Building has lost tenants and has some serious maintenance issues.
It ll take a lot to get the Penobscot Building owner to sell.
To be clear, whether a building owner is marketing it or not, everything is
always for sale for the right price, that is.
Everyone has a number.
It just so happens that the skyscraper s owner s number is nine digits.
Approval in sight for warehouse on Ontario wetlands theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.