About Thomas Olson

Thomas Olson 412-320-7854
Business Writer
Pittsburgh Tribune-Review

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Saturday - May 18, 2013

Friday - May 17, 2013

Thursday - May 16, 2013

The Federal Reserve Bank of Cleveland is a step closer to selling its landmark building Downtown that housed its Pittsburgh branch for 81 years.

The nation's central bank hired Cleveland-based Cresco Real Estate and Pittsburgh-based Grant Street Associates Inc. to market the 200,000-square-foot building, said bank spokeswoman Anne DiTeodoro. Built in 1931, the structure has a market value of $6.5 million, including the land, according to Allegheny County records.

The Fed moved its Pittsburgh branch and 23 workers down the street to One Oxford Centre's 30th floor in October. The operation employed more than 300 as recently as early 2011.

1. UPMC chief’s bonus, salary down
2. Americans fail to find jobs as firms hire foreigners
3. PPG Corning bankruptcy plan receives preliminary approval
4. Automated teller machine fees up 20 percent in 5 years
5. Pa. jobless rate declines as fewer look for work
6. Graduates hope for pomp and jobs
7. Pittsburgh lawmaker pitches bill to raise state’s film tax credit cap to $100M
8. Blairsville-area company finds 2nd calling in shale gas service industry
9. West Penn Allegheny Health System top earner: CEO who left
10. Highmark, UPMC expect to dominate exchange
11. Lawrence County power plant takes another step forward

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