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By Jamie Smith Hopkins | jamie.smith.hopkins@baltsun.com | March 28, 2010
Real estate auctioneers coax buyers to pay more. These days, Paul R. Cooper also urges sellers to accept less. Cooper, a vice president at Alex Cooper Auctioneers in Towson, one of the biggest operations of its kind in the state, says many homeowners still have inflated ideas of what their property is worth, despite four years of mostly bad news about the housing market. Cooper, who joined his family's business 30 years ago after training as an accountant, sells everything from rowhouses to restaurants.
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BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 1, 2011
The shuttered Northwest Ice Rink in Baltimore's Mount Washington neighborhood was sold Wednesday at a foreclosure auction to a top bidder for $490,000, including a mortgage payoff amount. The buyer, who was not identified, plans to use the Cottonworth Avenue facility for something other than an ice rink, said Paul Cooper of Alex Cooper Auctioneers Inc., which handled the sale. The ice rink, formerly owned by Northwest Family Sports Center Inc., closed in August 2008 after 50 years in operation.
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BUSINESS
By Baltimore Sun reporter | April 15, 2010
An auction of the former Catholic Relief Services headquarters at 209 W. Fayette St. in Baltimore was canceled at the request of the mortgage holder, according to auctioneer Paul Cooper of Alex Cooper Auctioneers. The auction, which had been scheduled for today, would have been a foreclosure sale on behalf of People's Bank of York, Pa. The building owner, an investment group called 209 West Fayette LLC, had negotiated a contract to lease about 56,000 square feet of space in the seven-story building for five years to the VA Maryland Health Care System, an affiliate of the U. S. Department of Veterans Affairs.
NEWS
By John-John Williams IV, The Baltimore Sun | January 28, 2011
Civil War sketchings, historical maps and photographs of the Great Fire of 1904 are among the Baltimore memorabilia that will be sold Saturday at a Towson auction house. The sale will feature the collections of Michael Isekoff, a Baltimore native whose collection of maps and photographs rivals those found in libraries and museums, and the late Jeffrey Weiss, who amassed rare art reference and illustrated books. Isekoff's collection is impressive because of its scope and rarity, said Paul Cooper, vice president of Alex Cooper Auctioneers, which is handling the sale.
BUSINESS
March 6, 2010
A foreclosure sale of the Hollander 95 Business Park in Northeast Baltimore was canceled this week, after partners in the venture filed for bankruptcy protection and stopped the proceedings, according to auctioneer Paul Cooper of Alex Cooper Auctioneers. Hollander Rock LLC, which bought the 51-acre site for $4 million from the city, had planned to build a warehouse, distribution and manufacturing center. Only the 82,000-square-foot warehouse has been completed, and tenants have moved into half of the building.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | July 20, 2010
A building and undeveloped land in the Hollander 95 Business Park sold in two separate foreclosure auctions Tuesday for a total $7.45 million, said Paul Cooper of Alex Cooper Auctioneers, which sold the property for lender M&T Bank. FRP Development Corp., a Sparks-based real estate development company, outbid several others to purchase the 82,000-square-foot warehouse, which is half-leased, for $4.35 million, Cooper said. The bank purchased eight undeveloped lots for $3.1 million, he said.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | September 1, 2011
The shuttered Northwest Ice Rink in Baltimore's Mount Washington neighborhood was sold Wednesday at a foreclosure auction to a top bidder for $490,000, including a mortgage payoff amount. The buyer, who was not identified, plans to use the Cottonworth Avenue facility for something other than an ice rink, said Paul Cooper of Alex Cooper Auctioneers Inc., which handled the sale. The ice rink, formerly owned by Northwest Family Sports Center Inc., closed in August 2008 after 50 years in operation.
NEWS
By John-John Williams IV, The Baltimore Sun | January 28, 2011
Civil War sketchings, historical maps and photographs of the Great Fire of 1904 are among the Baltimore memorabilia that will be sold Saturday at a Towson auction house. The sale will feature the collections of Michael Isekoff, a Baltimore native whose collection of maps and photographs rivals those found in libraries and museums, and the late Jeffrey Weiss, who amassed rare art reference and illustrated books. Isekoff's collection is impressive because of its scope and rarity, said Paul Cooper, vice president of Alex Cooper Auctioneers, which is handling the sale.
BUSINESS
By Bob Graham and Bob Graham,SPECIAL TO THE SUN | April 5, 1998
The three bidders leaned against the blue minivan parked in front at the brick-front, four-bedroom Colonial under construction off U.S. 1 near Bel Air.Only three bidders. But Paul Cooper of Alex Cooper Auctioneers Inc. is used to this -- he should be -- his company handles about 200 scheduled foreclosure auctions a week throughout the state.It's a sunny, windy day and Cooper is ready to start the bidding. His auctioneer's voice picks up velocity as he starts the bidding at $100,000.The bids move slowly upward.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | May 9, 2011
A Baltimore judge summoned attorneys from a large foreclosure law firm Monday to explain whether signatures on key documents were genuine, part of the fallout from revelations last year that foreclosures nationwide were being processed based on deficient — or fraudulent — paperwork. Virginia-based Shapiro & Burson was the third law firm called this year before Baltimore Circuit Judge W. Michel Pierson. He has heard admissions from several attorneys — at Shapiro & Burson and elsewhere — that their signatures on affidavits required to foreclose on homeowners were sometimes made by other people.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | July 20, 2010
A building and undeveloped land in the Hollander 95 Business Park sold in two separate foreclosure auctions Tuesday for a total $7.45 million, said Paul Cooper of Alex Cooper Auctioneers, which sold the property for lender M&T Bank. FRP Development Corp., a Sparks-based real estate development company, outbid several others to purchase the 82,000-square-foot warehouse, which is half-leased, for $4.35 million, Cooper said. The bank purchased eight undeveloped lots for $3.1 million, he said.
BUSINESS
By Baltimore Sun reporter | April 15, 2010
An auction of the former Catholic Relief Services headquarters at 209 W. Fayette St. in Baltimore was canceled at the request of the mortgage holder, according to auctioneer Paul Cooper of Alex Cooper Auctioneers. The auction, which had been scheduled for today, would have been a foreclosure sale on behalf of People's Bank of York, Pa. The building owner, an investment group called 209 West Fayette LLC, had negotiated a contract to lease about 56,000 square feet of space in the seven-story building for five years to the VA Maryland Health Care System, an affiliate of the U. S. Department of Veterans Affairs.
BUSINESS
By Jamie Smith Hopkins | jamie.smith.hopkins@baltsun.com | March 28, 2010
Real estate auctioneers coax buyers to pay more. These days, Paul R. Cooper also urges sellers to accept less. Cooper, a vice president at Alex Cooper Auctioneers in Towson, one of the biggest operations of its kind in the state, says many homeowners still have inflated ideas of what their property is worth, despite four years of mostly bad news about the housing market. Cooper, who joined his family's business 30 years ago after training as an accountant, sells everything from rowhouses to restaurants.
BUSINESS
March 6, 2010
A foreclosure sale of the Hollander 95 Business Park in Northeast Baltimore was canceled this week, after partners in the venture filed for bankruptcy protection and stopped the proceedings, according to auctioneer Paul Cooper of Alex Cooper Auctioneers. Hollander Rock LLC, which bought the 51-acre site for $4 million from the city, had planned to build a warehouse, distribution and manufacturing center. Only the 82,000-square-foot warehouse has been completed, and tenants have moved into half of the building.
BUSINESS
By Bob Graham and Bob Graham,SPECIAL TO THE SUN | April 5, 1998
The three bidders leaned against the blue minivan parked in front at the brick-front, four-bedroom Colonial under construction off U.S. 1 near Bel Air.Only three bidders. But Paul Cooper of Alex Cooper Auctioneers Inc. is used to this -- he should be -- his company handles about 200 scheduled foreclosure auctions a week throughout the state.It's a sunny, windy day and Cooper is ready to start the bidding. His auctioneer's voice picks up velocity as he starts the bidding at $100,000.The bids move slowly upward.
BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,Sun Staff Writer | June 29, 1994
The size of the auction was unremarkable. The fact of it -- another 12,737-square-foot office building in Hunt Valley, another mortgage foreclosure -- was definitely routine. The result, however, was not."We got more than the mortgage," said Paul Cooper, an auctioneer at Alex Cooper Auctioneers Inc. in Towson, after his firm sold the Gatehouse at North Park building for $775,000 to an unidentified local bank.Mr. Cooper said the result was probably the first time in five years the firm had sold an office or industrial project for more than the debt on a defaulted loan.
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