May 11, 2015 |
It didn't matter when Philadelphia's median home price was $59,000. Back in 1990, the children of longtime owners of rowhouses in the river wards and West Philadelphia walked away from those properties when the last parent passed away. The houses weren't worth the taxes, and no one was interested in them except those who broke the locks and stripped the insides of copper and anything else they thought was worth a buck. Some neighborhoods didn't even have real-estate agents. If someone's son or daughter needed a house and a neighbor had died, the transaction was done off the grid but recorded with the city.
April 4, 2015 |
K.C. Kappen and Rachel Ballard believe that renting a place to live "simply makes sense," given their current situation. Kappen, 26, a junior account executive for social media and public relations with the Brownstein Group in Philadelphia, arrived here with Ballard, 25, from Southern California in June. Ballard will finish graduate school in the next 18 months, Kappen said, "and I'm in the beginning stages of my professional career. " Renting "gives us a chance to weigh our options and see what areas of Philadelphia we prefer.
March 27, 2015 |
HAMMONTON, N.J. - The question facing the Jonathan Larson musical tick, tick . . . BOOM! is how much it needs to ride the coattails of the same author's more-evolved Rent . The engaging, accomplished production at the Eagle Theatre makes a good case for the show, which is relatively slight and light, but our appreciation is certainly enhanced by knowing Larson was mastering the pop-music styles in this show before transforming them brilliantly...
March 27, 2015 |
IN THE HEART of lower North Philadelphia, amid weeded lots, graffitied walls and mammoth abandoned warehouses, Tim Patton is betting on a renaissance. Patton and business partner Christina Burris last year opened Saint Benjamin Brewing Co. inside an old warehouse on 5th Street near Cecil B. Moore Avenue. By the end of the year, they plan to open a brewpub there, anticipating that new development - and the young, hip residents who often come with it - will seep east from Temple University, north from Northern Liberties and west from Fishtown.
February 19, 2015 |
The housing boom rolling across central Philadelphia showed no signs of weakening last year, according to data released Tuesday, but a population exodus could be on the near horizon if little is done to fix the city's schools and tax structure. The news was mostly positive out of Center City District's annual housing report, which found that 1,983 new apartments, condos, and houses between Girard and Tasker Avenues, and the Schuylkill and Delaware River hit the market in 2014, thanks to an influx of empty nesters and young professionals, said CCD chief executive Paul Levy.
February 14, 2015 |
Borgata Hotel Casino & Spa, Atlantic City's highest-grossing and most profitable casino, logged excellent fourth-quarter financial results, Boyd Gaming Corp., its managing partner, reported Thursday. "We set all-time quarterly records for market share in every single metric, including table win, slot win, poker, and gross gaming revenue," Keith Smith, Boyd's president and chief executive, said on a conference call with analysts. "We're seeing growth in our non-gaming business as well.
December 30, 2014 |
A billion dollars still buys a lot of real estate in Philadelphia. That's how much commercial real estate brokers in the Philadelphia office of Jones Lang LaSalle say they sold here in 2014. It was a record for the firm, said executive vice president Doug Rodio . The company claims it is the largest adviser to big building-sellers in the region. Prices are up. See, for example, Radnor Court, the brick-and-glass, 121,000-square-foot complex where Airgas has its headquarters on Radnor-Chester Road, near the Radnor SEPTA station.
December 8, 2014 |
The man rides along in a buggy, black hat shading his face, horse trotting ahead of him. As author Mindy Starns Clark pens him, he's thinking, maybe praying, enjoying his surroundings as the vehicle rolls through Lancaster County. And the next time Clark gets in her car, she doesn't flip on the radio. Instead, she lowers the windows. She tries to remember the simplicity and quiet her heroes value. "I just live more in the moment," said Clark. That's the influence of the Amish - and over the last few years, the wide and growing appeal of the "plain" life has had much more impact than that.
December 4, 2014 |
Chip Kelly and Pete Carroll may not seem much alike on the surface. Kelly has an East Coast edge. Carroll is California cool. Kelly is offensive minded. Carroll has 40 years of experience as a defensive coach. But they do share one coaching trait - aside from being successful at the highest levels of football - and that is having a core philosophy, making it work, and maintaining belief even when things fall apart. Carroll believes in playing an attacking brand of defense and has since the 1970s when he worked under Monte Kiffin at Arkansas.
November 23, 2014 |
Millennials are holding off on buying homes. The result: an extended rental trend among 25- to 34-year-olds that is bringing real estate opportunities of its own. Between 2000 and 2010, the number of millennials nearly doubled in central city neighborhoods of the Philadelphia-Wilmington-Camden metro area, to 50,273, according to an October report from think tank City Observatory. But younger adults aren't interested in owning homes, according to recent Pew Charitable Trust research.