Another big condo tower, the new 20-story Mezzo Atlanta between Midtown and Buckhead, is being advertised for foreclosure and scheduled for auction April 6. The luxury highrise was developed by Atlanta-based Tivoli Properties, a developer of high-rise condominiums, apartments and hotels including Aqua Midtown in Atlanta and the Mandarin Oriental.
Parents living in Atlanta's tony Buckhead have for years enrolled their children in the city's elementary schools, later opting for higher performing private middle and high schools.
The state Senate approved a major overhaul to Georgia's property tax system Thursday, continuing a multi-year effort to hold down the taxes local governments depend on and homeowners seem to hate.
The Georgia Department of Labor reported the state's seasonally adjusted unemployment rate rose to 10.4 percent in January, topping the previous record high of 10.3 percent reported in December.
An FDIC plan to auction more than $1 billion in assets seized from failed banks next month, including a loan to build a W Hotel in Atlanta, may trigger write-downs that weaken lenders nationwide.