Tagged: 38 Studios

The owner of the vacant Superman Building in downtown Providence wants to use $39 million in state money to convert it into for residential apartments.  It remains unclear whether the General Assembly is willing to support that kind of spending.

The Superman Building has been sitting empty ever since Bank of America left in early April. The property’s owner, High Rock Development of Massachusetts, wants to convert the art deco building into 278 rental apartments.

The Sunday New York Times is out with Matt Bai's lengthy and well-written overview of Rhode Island's disastrous investment in 38 Studios, former Red Sox star Curt Schilling's bankrupt video game company. Bai's story doesn't offer much in the way of new findings, but it will expose the Ocean State's folly to a broad audience of influentials.

Gov. Lincoln Chafee says he’s having some trouble getting people to serve on the board of the Rhode Island Economic Development Corporation. Seven of the 13 board seats are empty and the agency has no director.  

Chafee says people he’s approached are reluctant to serve because of the high-profile nature of the troubled agency.

So far Curt Schilling’s bloody sock has a highest bid of $32,500 in an online auction of this piece of baseball history. The sock is expected to go for more than $100,000.

While on the mound during the 2004 World Series, former Red Sox pitcher Curt Schilling’s ankle started to bleed. His blood-stained sock became an instant icon and the symbol of his career. Well, a failed videogame business and millions of dollars in debt later, a broke Schilling pulled the sock from the National Baseball Hall of Fame and put it up for auction.

(PROVIDENCE, RI) It was a busy year in the Ocean State, and Rhode Island Public Radio’s counting down the ten biggest stories of 2012. Topping the list – is the implosion of the 38 Studios deal.