Overton’s owner to open store in P.R., announces it via Twitter
March 13, 2018
Marcus Lemonis, chairman of Illinois-based Camping World Holdings, announced via Twitter on Monday that the company will open an Overton’s store in Puerto Rico, “as promised.”
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Tijuana’s Bar & Grill Corp. chief named P.R.’s ‘Small Business Person of the Year’
March 13, 2018
Alex Gómez, president of Tijuana’s Bar & Grill Corp. has been named Puerto Rico’s Small Business Person of the Year by the U.S. Small Business Administration, the agency announced.
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Study: P.R. stands out as 3rd choice for U.S. mainland homebuyers
March 13, 2018
Puerto Rico ranks 3rd in the top 30 locations that U.S. mainland residents look up online when they think about buying a second home, according to a study by real estate firm Point 2 Homes.
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Peninsula, a luxury 18-story residential condominium rising in Condado
March 12, 2018
The former mansion that once housed a Chilli’s restaurant in the Condado area of San Juan has been razed to make way for an 18-story residential building called the Peninsula.
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FCC Chair Pai says recovery funding to P.R. to be allocated by towns
March 8, 2018
Federal Communications Commission Chairman Ajit Pai said the funding the agency is proposing to assign Puerto Rico will be disbursed on a competitive basis by geographic area, or towns, to repair and restore telecom networks and services destroyed by Hurricane María.
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Hurricane María dealt $86M blow to LMM airport; Aerostar marks 5 yrs of operations
March 2, 2018
Hurricane María caused $86 million in damages to Puerto Rico’s Luis Muñoz Marín Airport, including business interruption — terminals that lost entire roofs — and a drop in passenger traffic that operator Aerostar Airport Holdings is hoping will return to normal by summer.
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Taubman: If Saks doesn’t reopen at The Mall of SJ, other stores may follow
February 28, 2018
Taubman Centers Inc., owners of a 95 percent stake at The Mall of San Juan, warned in its 2017 annual report that it may not fully recover the losses related to Hurricane María, and anticipated that if a major tenant or anchor store does not reopen, others may follow.
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Saborea culinary fest returning to Carolina Public Beach, April 5-8
February 27, 2018
Saborea Puerto Rico: A Culinary Extravaganza, will mark its 11th edition by returning to its roots, taking the event back to where it was first held in 2008 — at the Carolina Public Beach, April 5-8, this media outlet confirmed.
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P.R. film industry poised to make $225M in FY’18; Premieres locally filmed series
February 26, 2018
Puerto Rico’s film industry is set to generate $225 million for the island’s economy this fiscal year ending in June, with several television and film projects in the pipeline that will generate some 12,000 jobs, government officials said Sunday.
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Telecom Summit impulses creation of emergency management committee
February 22, 2018
The First Telecommunications Summit held at the Capitol Wednesday spurred the creation of an multi-sector committee to manage services in the event of an emergency and proposed amendments to the Puerto Rico Telecommunications Act.
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P.R. to host global ICANN international conference Mar. 10-15
February 20, 2018
Puerto Rico is getting ready to host its first major convention since the passage of Hurricane María last year, when on Mar. 10-15 the Internet Corporation for Assigned Names and Numbers will hold its 61st international community forum at the Puerto Rico Convention Center.
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The Mall of San Juan projected to make $10M in net operating income in ’18
February 10, 2018
Taubman Centers Inc., owners and operators of The Mall of San Juan, anticipated Friday that they will generate $10 million of net operating income (NOI) from that asset in 2018, some of which may come from sources other than sales activities.
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VIVO Beach Club reopens in Isla Verde after $1M in repairs
February 8, 2018
After months of renovations due to the damages caused by Hurricanes Irma and María, the VIVO Beach Club beachfront entertainment complex in Isla Verde, has reopened after investing $1 million in repairs, company officials announced.
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Private Sector Coalition lobbies for ‘critical’ independence of gov’t statistics
February 6, 2018
The Puerto Rico Private Sector Coalition, which represents more than 30 local professional organizations, on Monday argued that given the island’s circumstances post-Hurricane María and the potential impact of government measures, it is “critical” to have a body that ensures the independence and transparency of metrics and statistics to provide complete, reliable, and fast statistics.
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Majority of P.R. claimants still wait for FEMA help, many found ‘ineligible’
February 5, 2018
By Rebecca Banuchi | Center for Investigative Journalism Armando Vega-Martínez anxiously awaits for the day he can have a home again. The house in which he lived, among the mountains of the Guaraguao neighborhood in Ponce, was completely destroyed when an adjacent structure fell on it after succumbing to the powerful winds of hurricane María […]
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