January 16, 2014 |
The 1,400-room Marriott Downtown on Market Street, a key hotel for visitors to the expanded Convention Center, has been sold to investors for a price that values the property at $303.4 million. Host Hotels & Resorts Inc., of Bethesda, Md., said it sold its majority stake in the hotel to investors Oaktree Capital Management L.P., and Clearview Hotel Capital L.L.C., of Newport Beach, Calif. Host had hoped to sell the Marriott, in the 1200 block of Market Street, for as much as $325 million, or $231,000 a room.
November 30, 2013 |
Even something as ruinous as the recent recession can have a silver lining. Back in 2010 when Pier Nicola D'Amico and his wife Nicole Amoroso started looking for a better version of the Bella Vista loft they rented, everything approaching decent was too expensive. Both "Nic and Nic," as they often are called, are involved in the art world - D'Amico is a high-profile photographer whose productions for his company, Klip Collective, are used by Sundance Film Festival and MSNBC; Amoroso, an art historian specializing in 19th- and 20th-century art, directs Avery Gallery in Bryn Mawr - and the couple wanted to continue displaying their collections on large, high walls.
September 6, 2013 |
A MAN WHO fatally shot a woman he mistook for his intended target was allowed to plead guilty and receive a relatively light sentence yesterday because prosecutors feared he might walk free if he went to trial. For the March 2005 murder of Hadiyah McIver, Common Pleas Judge Rose DeFino-Nastasi reluctantly allowed Antoine Moye to plead guilty to third-degree murder and receive a negotiated sentence of six to 15 years in state prison followed by five years of probation. Assistant District Attorney Carlos Vega told the judge that the case against Moye, 30, was weakened by the fact that a key witness recanted his police statement and is now claiming to be McIver's killer.
July 13, 2013 |
On a sunny Saturday morning in June, a four-bedroom, 1,700-square-foot home in Radnor was facing a death sentence. The house was no more than 65 years old, but by the following Tuesday, it would be coming down to make way for something bigger and better, or at least more current. Its demise, though, would not be in vain. Enter Kevin Tobin, the man behind Pre-Demolition Sales. Owners call him in ahead of the wrecking ball - sometimes at the last minute - and he inventories everything from roof tiles to flooring, HVAC systems, wainscoting, shrubs, and patios, scrawling prices in marker on the soon-to-be-razed walls.
May 17, 2013 |
IF YOU'VE BEEN paying attention to the deadly collapse of the Bangladesh garment factory, you know our dirty laundry just got dirtier. Like a lot of you, I've followed the April 24 tragedy that, at last count, has claimed more than 1,000 lives. I was haunted by the heartbreaking photo of the couple found under debris in a final embrace. I was amazed at the rescue of the seamstress who lived 17 days trapped in the rubble. But it was all from afar. Until I went to my basement to do laundry, and noticed the tags on my clothes.
March 26, 2013
By Steve Frank Enjoying a fine meal in good company is one of life's great pleasures. But it turned out to be a slender reed on which to hang any hopes for a "grand bargain" to end the impasse over fiscal policy in Washington. It seemed like such good news when a group of Republican senators dined with President Obama recently at the Jefferson Hotel, near the White House. Everyone pushed away from the table more optimistic about being able to reach an agreement to solve the country's financial difficulties.
January 4, 2013
Buzz: Hey, Marnie, how come young people these days drink such weird stuff? Marnie: Like what, Buzz? Buzz: I went to a holiday dinner hosted by nieces and nephews and there was no respect for tradition. The turkey came with bacon jam instead of cranberry sauce. The wine was from Argentina instead of California. Even the eggnog was made with tequila instead of brandy. Marnie: Well, there's a natural urge for each new generation to experiment and try new things. I bet you'd have liked the wine if you tried it. Argentine wines are terrific, and a Mexican spin on eggnog might be tasty too. Buzz: Why go south of the border?
November 28, 2012 |
HISTORY MIGHT show that Andy Reid's Eagles hit rock bottom at 2:15 p.m. Thanksgiving Eve, when Jeff Maile, of Lansdale, went on Craigslist and offered a "great trade" for fans who couldn't stand to watch the team take the field again: His leftover Halloween candy in exchange for tickets to the Monday night game against the Carolina Panthers. "I have 23 Snickers bars (fun size), 5 Snickers Almond bars (fun size), and an unopened bag of Charms Blow Pops (assorted flavors)," wrote Maile, 44, who runs a company that does Internet marketing.
November 8, 2012 |
For the second time in four days, representatives from the NHL and the players union had a lengthy meeting as they attempted to end their labor feud and take a step toward a new collective bargaining agreement. The meeting in New York, attended by 13 players, including Pittsburgh Penguins star Sidney Crosby, lasted more than seven hours Tuesday night. Neither side would disclose what occurred at the meeting. They planned to meet again Wednesday. "The players' view has always been that we ought to keep negotiating until we find a way to get an agreement," Donald Fehr, the NHL Players' Association's executive director, told reporters before the sides met. "You sort of stay at it day by day, so it's very good to be getting back to the table.
November 3, 2012 |
The economic optimism of Philadelphia-area holiday shoppers is on the rise, according to research by Deloitte L.L.P., whose findings Thursday echoed a broader surge in consumer confidence nationally. The consulting firm's annual holiday survey of the region's shoppers found that local consumers were cheerier about the national economy and their own personal finances than they were a year ago, though a larger percentage of people said they planned to shop for bargains and sale items.