Douglas Council says it's accepted an offer to buy landmark flats in the centre of the capital.
After putting the Lord Street complex on the market last November, the local authority says it's accepted an offer for the site.
The council says it can't reveal who's made the offer, which is still subject to contract.
But it says money from the sale will be used for future housing projects in the city and it will release more details once contracts are signed.
Hospice UK head calls Island cuts "cack-handed" ministerial muddle
The head of Hospice UK says cutbacks at the Island's Braddan facility have exposed what he calls a "cack-handed muddle from the Council of Ministers".
Bus drivers voting on "final offer" from government
A final, eighth offer has been made by the government to bus drivers in an attempt to resolve ongoing industrial action.
Vampire show featuring Manx ferry cancelled
Manx vampire fans will be disappointed this week - after a show featuring the Ben my Chree in its season-ending cliffhanger was cancelled.
Did chief minister's message spark fuel panic-buying?
An MHK has criticised the government's messaging over this week's fuel panic.
Joe Locke lands purr-fect new role!
Manx actor Joe Locke will be starring alongside some of the biggest names in Hollywood in a new animated TV comedy.
Steam Packet fuel surcharge isn't about profit, says chief minister
Chief Minister Alf Cannan says the Steam Packet's fuel surcharges aren't designed to generate profits.
Ferry crossing delayed by half an hour
The Steam Packet Company says one of its sailings will be delayed this morning.
Paw-some rescue effort after Milo gets trapped in ravine
Firefighters went to the rescue yesterday after a dog got trapped in a ravine.
