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Wisteria Island was created in the late 1890s and early 1900s as the result of U.S. Navy dredging of Key West harbor. During the 19th century, sediment from repeated dredging projects was deposited a few hundred yards/meters off the northwestern corner of Key West, creating Tank Island ().
Also in 1925, Florida began to pass laws further regulating real estate; with salesmen being required to have licenses and offices which as a result led to a boom in demand for office space. [ 16 ] Then, on January 10, 1926, the Prinz Valdemar , a 241-foot, steel-hulled schooner , sank in the mouth of the turning basin of Miami harbor and ...
Key West is the southern terminus of U.S. Route 1 – the longest north–south road in the United States, as well as State Road A1A, the East Coast Greenway and, before 1935, the Florida East Coast Railway. Key West is a port of call for passenger cruise ships. [13] The Key West International Airport provides airline service.
During the national downturn in the real estate market in the mid-2000s as part of the Great Recession, the company's sales suffered, with earnings dropping off by 60 percent in 2006. [29] As a result, the company cut its workforce, exited the homebuilding market and sold its office holdings [30] which included the corporate headquarters built ...
Founded in 1982, Westgate Resorts operates as a subsidiary of Central Florida Investments, Inc. (CFI), which employs over 10,000 people and has evolved into the largest privately held corporation in the Central Florida area. Siegel opened CFI, a real estate development firm, with an office located in his family garage in 1970. [citation needed]
Cendant Corporation was an American provider of business and consumer services, primarily within the real estate and travel industries. In 2005 and 2006, it broke up and spun off or sold its constituent businesses. Although it was based in New York City, the majority of its headquarters employees were in Parsippany-Troy Hills, New Jersey.
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