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Giacomo Bologna

Giacomo

Giacomo “Jack” Bologna covers business and development at The Baltimore Banner. Before joining The Banner, he worked at The Baltimore Sun, the Baltimore Business Journal and newspapers in Mississippi and Missouri. Jack is originally from Michigan.

The latest from Giacomo Bologna

After years of sitting on Baltimore’s big pit, will this developer finally get a tax break?
After years of sitting empty, a pit in downtown Baltimore might finally get redevelopment thanks to a new tax break program.
After years of sitting empty, this pit in downtown Baltimore might finally get redevelopment thanks to a new tax break program.
How do you build a huge portfolio of Baltimore rentals? It helps to know a guy.
Shraga Lerner grew up in Pikesville. Records show he played a key role in an alleged mortgage fraud scheme tied to a small group of New York investors.
Records show Shraga Lerner played a key role in an alleged mortgage fraud scheme tied to a small group of New York investors.
Fire marshal investigating possible arson at state psychiatric hospital
Officials say they are investigating a possible arson at two vacant buildings at a state-owned psychiatric hospital in Southern Carroll County on Saturday morning.
A team of Deputy State Fire Marshals are on the scene and actively investigating two separate fires at Springfield Hospital Center in Sykesville.
Fake deeds, real money: New York investors accused of another Baltimore scam
A February lawsuit alleges New York investors got $1.7 million using fabricated property records.
A February lawsuit alleges New York investors got $1.7 million using fabricated property records for 11 rowhouses in Baltimore.
Baltimore’s most luxurious waterfront condos have never been cheaper
The Four Seasons Private Residences in Harbor East is facing a lawsuit from investors who allege condo sale prices are being artificially inflated.
The 62-unit Four Seasons Private Residences sits atop the Four Seasons hotel in Harbor East.
BGE paused its controversial Baltimore Peninsula project. But what does ‘pause’ mean?
Officials from Baltimore Gas and Electric fielded questions from residents of South Baltimore about proposed electrical infrastructure.
Monday, March 30, 2026 - Cristiano Quijano, an energy assistance and community engagement manager for BGE, and Lineta Duren, a community engagement manager for BGE, speak at a meeting with the Riverside Neighborhood Association at Salem Lutheran Church in Baltimore.
The FBI is investigating the New York investors behind Baltimore’s foreclosure wave
Federal investigators are digging into a group of New York investors who borrowed more than $100 million in private credit and rapidly built a real estate portfolio of about 700 homes in Baltimore.
The New York investors started snapping up hundreds of homes across East and West Baltimore in 2022, buying or refinancing them at values often double or triple their prior sales price.
Veteran mariner buys back Baltimore Water Taxi from Under Armour’s Kevin Plank
A longtime mariner has bought back ownership of the Baltimore Water Taxi from Under Armour founder and CEO Kevin Plank.
The Baltimore Water Taxi vessel “Nimble” cruises through the Inner Harbor in Baltimore last year.
Uber, Lyft drivers in Maryland — already struggling — hit with rising gas prices
About a dozen drivers for Uber and Lyft said it had never been tougher to make a living as a gig driver. Now they face rising gas prices in Maryland.
A driver shows the worker’s view of the Uber app. Some ride-share workers said it has never been tougher to make a living as a gig driver.
A lottery winner’s downtown Baltimore hotel goes up for sale
The Days Inn by Wyndham Baltimore Inner Harbor is up for sale. The hotel is owned by a man who won a $533 million lottery in 2018.
Richard Wahl, who won a $533 million Mega Millions jackpot in 2018, used his real estate firm to buy the Days Inn by Wyndham Baltimore Inner Harbor for $10.7 million in 2021. The nine-story, 249-room hotel is now up for sale.
Council President Zeke Cohen wants to ban data centers in Baltimore — temporarily
City Council President Zeke Cohen wants to ban data center development in Baltimore for at least a year. Proposed legislation would block data centers that use at least 10 megawatts.
City Council President Zeke Cohen wants to ban data center development in Baltimore for at least a year.
From $3.7M to $9.9M: Federal probe focuses on 42 Baltimore homes sold again and again
Federal prosecutors have charged an attorney in connection to a 2021 real estate investment scheme that centers on 42 rowhomes in East Baltimore owned by a group of New York investors.
The scheme under investigation by federal prosecutors includes this vacant property at 521 N. East Ave.
We asked where downtown Baltimore is. Chaos ensued.
Where does downtown Baltimore begin and end? Nearly 700 readers sent maps — and a Banner analysis reveals the areas most people agree on.
One of Baltimore’s biggest hotels auctioned off in 47 seconds
The Renaissance Harborplace Baltimore Hotel — once a part of downtown’s rebirth — will soon be owned by its lender, DR VII REIT Holdings, a subsidiary of New York-based Torchlight Investors.
Bill Hudson of Atlantic Auctions Inc. conducts the auction of the Renaissance Baltimore Harborplace Hotel, which entered foreclosure last year.
First Eddie’s, now The Brewer’s Art. Why Mount Vernon isn’t panicking — yet.
Mount Vernon, once a Baltimore nightlife destination, has struggled in recent years, with losses seeming to accelerate in the past year: Eddie’s grocery store isn’t coming back anytime soon, and The Brewer’s Art recently closed.
Thursday, Feb. 12, 2026, in Baltimore , MD— Customers exit Never on Sunday in Mount Vernon.
State officials push back on BGE and its $500M Baltimore Peninsula plan
Maryland’s ratepayer advocate and its Senate president want to know: How much electricity does South Baltimore really need?
The Gould Street substation, foreground, sits in Baltimore Peninsula adjacent to the remaining structure of the former Gould Street Generating Station, which was taken offline in 2019.
How do you define downtown Baltimore? Draw it and show us.
Depending on how you draw its boundaries, downtown Baltimore is either a depressing and increasingly empty collection of tall buildings, or it’s a dynamic and diverse community poised for success.
BGE’s Baltimore Peninsula project will top $500 million
BGE expects to spend more than half a billion dollars constructing electrical infrastructure for Baltimore Peninsula, a new document shows.
The former Gould Street Generating Station is seen at Baltimore Peninsula, June 27, 2025.
Maryland companies could get big tariff refunds following Supreme Court decision
When the Supreme Court struck down a bulk of President Donald Trump’s sweeping tariffs Friday, it opened the door for companies to seek substantial refunds from the federal government for trade levies already paid.
President Donald Trump speaks during an event on foster care in the East Room of the at the White House, Thursday, Nov. 13, 2025, in Washington. (AP Photo/Evan Vucci)
Johns Hopkins bought a D.C. office building. A Baltimore landlord feels jilted.
Virginia-based American Real Estate Partners is suing Johns Hopkins University for breaking a lease at downtown Baltimore’s Candler Building. The university blamed cuts to grant funding for the break, but then bought office space in Washington, D.C.
The Candler Building at 700 E. Pratt St. in Baltimore.
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