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Toll Brothers was sued in April 2007 by a group of investors claiming they were misled by directors about their ability to maintain historically high earnings during the downturn in the U.S. residential real estate market. [12] Toll Brothers agreed to settle the suit for $25 million, though they did not admit any wrongdoing. [13]
The canals drain 233 billion US gal (880 billion L) of fresh water a year into Naples Bay, damaging the coastal saltwater ecology while causing the groundwater table to drop 2 ft (0.61 m) to 4 ft (1.2 m). The Florida Department of Business Regulation (FDBR) adopted real estate development reforms in the 1970s because of such abuses. [3] [4]
The company, which bills itself as America's luxury homebuilder, said in its most recent quarterly results that 25% of buyers paid all cash for its homes, which had an average price tag of over $1 ...
Robert Irwin Toll [1] was born to a Jewish family, the son of Sylvia (née Steinberg) [2] [3] and Albert Toll, he grew up in Elkins Park, Pennsylvania. [1] His father, who emigrated from Ukraine, [4] was a millionaire investor who lost everything in the stock market crash of 1929. [5]
From stock market news to jobs and real estate, it can all be found here. ... A Florida 'condo cliff' is coming as owners deal with fallout from 2021 Surfside collapse ... Mom of 5 Reveals Steep ...
In 1998, Toll sold 5 million shares of Toll Brothers for $186.6 million although still remaining its second largest shareholder and vice-chairman. [4] [8] In November 2013, Toll Brothers purchased Shapell Homes (founded by Nathan Shapell) for $1.6 billion. [9] As of 2013, Toll Brothers has sold over 40,000 homes in twenty-two states. [10] Using ...
Actress Hayden Panettiere's childhood New York home on market for nearly $4 million The Snedens Landing house was built in 1988 and renovated by the current owners after they bought it in 2021 ...
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