Envy Apartment

Sons of Norway has agreed to sell its headquarters on West Lake Street in Uptown to Ryan Companies and Weidner Apartment Homes .   The transaction includes a 60,000-square-foot building and a large surface parking lot . No monetary details were included in the announcement.   Minneapolis-based Ryan and Weidner, which has an office in Minnetonka but is based in Kirkland, Washington, paid an undisclosed amount for the property.   “After an extensive process to ensure the highest and best use of our primary asset, the clear choice was to sell the property that has served us so well,” said Eivind J. Heiberg, CEO of Sons of Norway, in a statement. “Considering market conditions in the Uptown neighborhood and the challenges of an aging facility, it was time to make the most forward-thinking decision for the long-term health of our organization, employees and community.”   The fraternal life insurance company , which also operates as a No...

Minneapolis, MN, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Sons of Norway has announced its agreement with Ryan Companies US, Inc. and Weidner Apartment Homes for the sale and redevelopment of their land parcel in South Minneapolis . The land parcel is located on Lake Street between Holmes and Humboldt avenues and is in the heart of the Uptown neighborhood .  Considered to be a marquee location , this property has been home to the International Headquarters of Sons of Norway since 1962.  Once complete, the Sons of Norway plans to continue business operations on the site including their financial services and international cultural organization .  “After an extensive process to ensure the highest and best use of our primary asset, the clear choice was to sell the property that has served us so well,” said Eivind J. Heiberg, CEO Sons of Norway.  “Considering market conditions in the Uptown neighborhood and the challenges of an aging facility, it was time to make the most forward-thinkin...

One day in August, 2016, the financier Carl Icahn made an urgent phone call to the Environmental Protection Agency . Icahn is one of the richest men on Wall Street, and he has thrived, in no small measure, because of a capacity to intimidate. A Texas- based oil refiner in which he had a major stake was losing money because of an obscure environmental rule that Icahn regarded as unduly onerous. Icahn is a voluble critic of any government regulation that constrains his companies. So he wanted to speak with the person in charge of enforcing the policy: a senior official at the E.P.A. named Janet McCabe . Icahn works from a suite of offices, atop the General Motors Building , in midtown, that are decorated in the oak-and-leather fashion of a tycoon’s lair in a nineteen-eighties film. During that decade, Icahn made his reputation as one of the original corporate raiders , pioneering the art of the hostile takeover and establishing himself as a human juggernaut—a pugnacious deal machine ...