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With the divestitures Stoltz will now be free to concentrate on the development of Barley Mill Plaza, which has been a flash point among rich and powerful Greenville residents since Stoltz bought the property from the DuPont Co. in 2007 for a hefty $94 million.
In 2009, boutique clothing shop Lolita sued Stoltz when the landlord said it would bump Lolita from a visible location in Powder Mill Square to a back corner of the shopping center.
By 2010, negotiations for compromise were underway, and the final agreement called for:
Save Our County scored a major victory in 2013 when Delaware Chancery Court ruled the rezoning of 37 acres to retail development was invalid because at least one vote by a member of New Castle County Council was made arbitrarily – and that vote was necessary for the ordinance to pass.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Lightstone Group | 1988 | $750.0M | 451 | 16 |
| Denholtz Properties | 1954 | $4.8M | 300 | 5 |
| Shorenstein | 1924 | $3.5M | 35 | - |
| Rreef | - | $540,000 | 5 | - |
| Maguire Properties | 1965 | $6.2M | 75 | - |
| InvenTrust Properties | 2004 | $274.0M | 124 | 3 |
| Glimcher Realty Trust | 1993 | - | 751 | - |
| CIM Group | 1994 | $200.3M | 1,000 | 100 |
| Community Management Associates | 1989 | $1.5M | 11 | - |
| Crescent Real Estate | 1994 | $76.0M | 14 | - |
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Stoltz Management of Delaware may also be known as or be related to Stoltz Management, Stoltz Management of Delaware and Stoltz Management of Delaware Inc.