May 4, 2016 |
Philadelphia-based Hersha Hospitality Trust has closed on the sale of seven New York City hotels to a joint venture between itself and Cindat Capital Management Ltd. of China in a deal that values the properties at $571.4 million. The hotels encompass 1,087 guest rooms and include Holiday Inn Express, Candlewood Suites and Hampton Inn properties around Times Square and other parts of Manhattan, Hersha said in a release Monday. The transaction grants Cindat, backed by investors including China Cinda Asset Management Co. and Taikang Life Insurance, a 70 percent ownership stake in the properties, with Hersha retaining a 30 percent equity interest.
April 30, 2016 |
The Philadelphia Science Festival closes with its traditional carnival, moved from the Parkway to the Great Plaza at Penn's Landing. It will feature more than 150 exhibitions, hands-on experiments, and performances, including live animals from the Philadelphia Zoo, wrestling robots, and more. (There will be exploding stuff, we think.) 10 a.m. to 4 p.m. Saturday at Great Plaza at Penn's Landing, 101 S. Columbus Blvd. Admission is free. Information: philasciencefestival.org Catch a falling 'Star' Kids ask questions, many with no answers (many)
April 29, 2016 |
A law that would require Camden liquor stores to close at 10 p.m. has drawn both criticism and support from the city's business community, and approval from residents, who said it could reduce crime in some neighborhoods. Councilman Angel Fuentes, who drafted the proposal based on his talks with some residents of East Camden, met Wednesday with more than two dozen business owners and residents at City Hall to discuss the idea. Tom Jenkins, owner of a liquor store and a bar, was one of several who said city officials should target nuisance establishments, such as stores where customers linger outside and drink on the street.
April 17, 2016 |
Three fast food restaurants were among two dozen Philadelphia eateries asked to temporarily close this month to fix health violations. City health department officials asked an Arby's in Kensington and a Papa John's in Roxborough to stop serving food until they could rustle up an employee who was certified in food safety practices. A Wendy's in North Philly was shut down after workers were seen coughing and sneezing due to excessive smoke. Each week, the Philadelphia health department inspects about 350 restaurants, grocery stores, school kitchens and other establishments.
April 15, 2016 |
CHICAGO - The 76ers can now exhale. Their season of disarray concluded Wednesday night in typical fashion. The Sixers had a commanding 21-point cushion with 2 minutes, 27 seconds left until intermission. Yet they still lost, 115-105, to the shorthanded Chicago Bulls in the season finale for both teams at the United Center. At 10-72, the Sixers finished the season with the second-worst record in franchise and NBA history. The 1972-73 Sixers finished the season at 9-73. "You feel like the season is appropriately coming to an end," Sixers coach Brett Brown said.
April 14, 2016 |
TRENTON - Thousands of Atlantic City students could find their school doors locked if City Hall does not remit tax revenues it owes the school district, a top Christie administration official warned Tuesday. "I need to ensure the Atlantic City School District receives the local levies that the city is obligated to collect on their behalf," Education Commissioner David Hespe told the Senate Budget Committee. Otherwise, he said, "I will have to close the schools of Atlantic City. " "I'm not sure what that moment in time is," Hespe said, but he added that the process has already started, because, he said, the city has not paid certain vendors of the district.
April 14, 2016
The Neshaminy school board voted to close two elementary schools Tuesday night as part of a consolidation plan, despite a yearlong campaign by parents at one of the schools to keep it open. At a special meeting that lasted close to two hours, the board voted, 9-0, to close the Lower Southampton School in Feasterville and, 5-4, to close Oliver Heckman School in Langhorne at the end of the year. Heckman parents had argued that the closing would leave the north end of the district, one of the state's largest with 9,000 students, without a grade school.
April 12, 2016
Bucks County Catholic school to close Declining enrollment and rising educational costs will result in the closing of St. Agnes-Sacred Heart School in Hilltown at the end of the school year in June, officials announced Sunday. Students are being given the option of "transitioning" to nearby Catholic schools for 2016-2017, the pastors of St. Agnes and Sacred Heart churches told parishioners. Families who do so will be paid a $1,000 subsidy per student each year if they attend any one of the surrounding schools.