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We Paid $1 for a Baseball Stadium, 2025
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CNBC Explains
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Exploring why Hangzhou has become a breeding ground for some of China's most promising tech startups. Plus, unpacking the impact of Emmanuel Macron's economic reforms, once hailed as a French Renaissance, and the wins and setbacks that followed.
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Midwest developer group Core Redevelopment renovated a baseball stadium into a 138-unit luxury flat building. The city gave them the property for $1, and it cost about $14 million to renovate.
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