October 9, 2015 |
Nationwide, the percentage of cash sales for homes has fallen steadily since January 2013, yet the Philadelphia region's share of such transactions appears to be climbing, a report by real estate data provider CoreLogic says. In the eight-county Philadelphia region in June, the most recent month for which it has data, CoreLogic says, cash sales represented 55.1 percent of all home purchases - 13.1 percentage points higher than the same month in 2014 and well above the nation's 31.3 percent.
September 10, 2015 |
Philadelphians broke a pair of dubious records in May's Democratic primary: The most campaign money ever spent produced the lowest turnout ever. The numbers belie the notion that raising millions of dollars to pay for television advertising and field operations helps to bring more people to the polls. The reality is that too many big donors care more about influencing the future votes and positions of the politicians who get their money than they do about turnout. Of the 800,000 registered Democrats, only about 234,000 cast ballots.
September 6, 2015 |
The Pennsylvania Gaming Control Board fined SugarHouse Casino in Philadelphia $50,000 for giving cash advances to 11 individuals who asked to be banned from casinos in Pennsylvania. Two other local casinos were also fined this week. Parx Casino, in Bensalem, was fined $15,000 for sending marketing materials to 146 individuals on the gaming board's self-exclusion list. The board fined Harrah's Philadelphia $7,500 for paying a slot machine jackpot to a person who was not sitting at the slot machine when the winnings registered.
July 22, 2015
ISSUE | FORFEITURES Seize criminals' property only I join in applauding District Attorney Seth Williams for stopping his office's practice of using the commonwealth's forfeiture laws to take homes and cars from people who have never been accused, much less convicted, of a crime ("Dirty money," July 6). However, these changes do not go far enough. According to a recent American Civil Liberties Union report, Williams' office takes $1 million in cash annually from Philadelphians who have never been found guilty of a crime.
June 21, 2015 |
Money helped, but it did not guarantee wins in the Pennsylvania Supreme Court race. At $1.5 million, Philadelphia Common Pleas Court Judge Kevin Dougherty was the top fund-raiser in the 12-way campaign, according to financial documents made public Thursday. And while the Democrat did win nomination in the May 19 primary, correlations between cash and votes were hard to find. Jefferson County Court Judge John Foradora, with $712,805 - about $6 for each vote cast for him - had the second-biggest money pot, but the Republican lost.
June 12, 2015 |
Efforts to replace a crumbling mural of famous South Philadelphia musicians gained momentum Wednesday when officials learned that Frankie Avalon had pledged money to help find a new home for the endangered creation. The $5,000 donation from the crooner and movie star added to $5,000 committed earlier in the week by longtime disc jockey Jerry Blavat in an effort to raise an estimated $80,000 for the project, said Jane Golden, founder and chief of the Mural Arts Program. Also this week, officials identified two potential locations on South Broad Street for the replacement mural.
June 3, 2015 |
ANTOINETTE LEVITT wants you to stop and smell the roses, but the roses are in bad shape. We are standing in the Rose Garden, a hidden gem owned by the National Park Service, starved for the nourishment of proper funding. The one-acre oasis, hidden between Walnut and Locust, and 4th and 5th streets, was bone dry when Levitt led me there on a recent afternoon. Levitt is the regent (president) of the local chapter of the Daughters of the American Revolution, which in 1971 planted the Rose Garden in ground owned by the National Park Service, with the understanding the park service would maintain it. Guess what?
May 19, 2015 |
The team that could not score from the 1-yard line two times with the 49ers game on the line in September wants all two-point conversions to be from that distance. And it just so happens that the Eagles could have a roster this year that is better equipped to make those plays. NFL owners will consider three proposals to change the extra point this week at the league meetings in San Francisco. One is from the Eagles, who are proposing to move extra points from the 2-yard line to the 15-yard line, two-point conversions from the 2-yard line to the 1, and for defenses to be allowed to return a turnover for two points on the play.
May 5, 2015 |
Pennsylvania developers, hugely profitable corporations, colleges, towns, and hospitals have applications pending for $1 billion in matching taxpayer funds from the Redevelopment Assistance Capital Program (RACP). You didn't get yours in? Gov. Wolf last week agreed to take new requests from Monday to May 18. Last year, the state collected $1.1 billion in RACP applications, and funded just $207 million. The money, put up by taxpayers through state bonds, is supposed to support projects that create jobs.
April 22, 2015 |
A bookkeeper at an Atlantic City rolling chair company has admitted keeping a second set of books to cover up unreported cash siphoned from the business, U.S. Attorney Paul J. Fishman announced Monday. Abdus Mian, 66, of Atlantic City, pleaded guilty before U.S. District Judge Joseph H. Rodriguez to one count of making materially false statements to federal agents. Mian was the bookkeeper for Royal Rolling Chairs L.L.C., which operated on the Boardwalk, according to documents and statements in court.