Business

Luxury condo development in trouble

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A bank filed a lawsuit in late January against John Bruckel and David Iauco, developers of Bloomsbury Estates. The seven story estate is perched on the corner of Boylan and Hargett streets overlooking Raleigh’s cityscape and the convention center’s prismatic oak tree.

Despite Bloomsbury Estates’ striking Second Empire design and downtown location, some potential buyers have shown signs of disappointment. hree complaints have been filed against Brucknell since construction of the condominiums began. Two are still pending and one has been voluntarily dismissed. And then there is the most recent complaint.

News

School board: ending year-round the goal, not guarantee

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The Wake County School Board passed a resolution Tuesday saying ending mandatory year-round school is the goal, but not a guarantee. Board member Debra Goldman split with the Republican-backed majority to pass the resolution.

Tuesday vote was to be the second reading of a resolution ending the mandatory year-round calendar. The change means the school board will have some leeway as it tries to give parents a choice between year-round and traditional school schedules.