Posts with tag gulf coast oil spill

The largest landholder in the Florida Panhandle is suffering huge losses due to the BP oil spill. And it's looking for someone to pay. The St. Joe Company, a real estate developer in Florida that owns 577,000 acres of land near the Gulf Coast, filed a suit against Halliburton Co. on Aug. 4, asking for more than $1 billion... Continue Reading »

Five years after the catastrophic Hurricane Katrina, real estate players are predicting that BP's oil spill has the potential to hinder the Gulf Coast more severely than that epic storm. "This will be 100 times worse," says Christine Weber, a real estate agent near Biloxi, Miss., who says she can already smell the fumes... Continue Reading »