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Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general.
From this has evolved the modern conception of property as a right enforced by positive law, in the expectation that this will produce more wealth and better standards of living. However, Smith also expressed a very critical view of the effects of property laws on inequality: [8] Wherever there is a great property, there is great inequality …
The storefronts were occupied by a series of businesses afterward, notably Chauncey's Barber Shop which occupied a space from 1929 though 1984, and Belen's Flowers which occupied a space from 1969 to 2010. The two buildings were sold to real estate broker Spiro Tesseris and his wife Sophia in 1984, and was purchased by 515 Ionia LLC in 2015. [2]
[65] [66] These other three districts, Kerrytown, State Street, and Main Street are contiguous near the northwestern corner of the university. [ 67 ] Major landmarks in downtown Ann Arbor include the Michigan Theater , The Diag , and Tower Plaza , a 26-story condominium building that is the city's tallest building. [ 68 ]
The University of Michigan (U-M, UMich, or Michigan) is a public research university in Ann Arbor, Michigan, United States. Founded in 1817, it is the oldest institution of higher education in the state. The University of Michigan is one of the earliest American research universities and is a founding member of the Association of American ...
The Aon Center (200 East Randolph Street, formerly Amoco Building) [3] is a modern supertall skyscraper located in the Northeast corner of the Chicago Loop, Chicago, Illinois, United States, designed by architect firms Edward Durell Stone and The Perkins and Will partnership, and completed in 1973 [4] as the Standard Oil Building (nicknamed "Big Stan"). [5]