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Pendleton sells 45 lots to housing developer - Local News

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afternoon sun Tuesday in the Sunridge Estates housing development in Pendleton." /> Staff photo by E.J. Harris The concrete foundation for a new home sets in the afternoon sun Tuesday in the Sunridge Estates housing development in Pendleton. Buy this photo Sunridge housing development on Tuesday in Pendleton." /> Staff photo by E.J. Harris Unfinished homes are nearing completion in the Sunridge housing development on Tuesday in Pendleton. Buy this photo Pendleton’s Sunridge Estates could welcome as many as 45 homes over the next few years. The southern Pendleton subdivision off of Tutuilla Road was part of a $660,000 deal with local developer Dusty Pace that the Pendleton City Council unanimously approved Tuesday . Under the deal, Pace would redevelop 13 of the 17 lots and purchase all of them within seven years. Pace plans to re-plat the land into 45 lots and buy them each individually from the city for $15,000 per lot. The $660,000 acts as both a ...

Carl Icahn’s Failed Raid on Washington

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 ...