Business Talk: Builders Find Tough Market

When John Risica bought a 65,000-square-foot former worsted mill in Olneyville in 2006, he wanted to turn it into working-class loft condominiums that would “make a difference” in the neighborhood. Most of the units would have been priced at less than $200,000.

Mark Murphy of the Providence Business News talks to NBC 10's Frank Coletta about the old mill conversions, and the challenges that builders are facing today. Click on video tab at left to watch today's Business Report.

To read the entire article: Providence Business News