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.
Chance to have your say on NHS levy
Treasury Minister Alex Allinson says the public's views on a new health tax will mean it can be brought in properly.
Chance to meet Manx Care's feedback team
There's a chance to meet the team that provides feedback from patients to Manx Care this month.
Tributes paid after Pope's death
The Island's churches are paying tribute to Pope Francis, who died earlier today.
TV auctioneer in Douglas this week
There's a chance to meet a celebrity TV auctioneer this week - and get your items valued.
Former minister wants to prevent NHS privatisation
Former health minister Lawrie Hooper is to ask Tynwald to stop Manx Care privatising parts of the Island's health service.
Project hopes to help new arrivals to Island
A new project is hoping to find out how the Island welcomes new arrivals - and what they're looking for here.
Government rules blamed for motorsport firm's closure
A company running trackday events at Jurby says it’ll close immediately because of new government rules.
Villa Marina to mark VE Day celebrations
A free concert at the Villa Marina next month will mark the 80th anniversary of VE Day.
