BALTIMORE (WJZ) — There could be some major problems for Baltimore’s crown jewel- the Inner Harbor.

According to the Baltimore Business Journal, a city judge has placed the property in receivership- meaning there could soon be a new owner.

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This comes as the Harbor has high vacancies and is in need of major repairs and renovation.

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Current owners Ashkenazy Acquisition Group loses day to day operations while another firm takes over and will look for a new buyer.

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Developed by the Rouse Company- the Inner Harbor was sold in 2013 for $98 million.