April 21, 2016
By Carl Dranoff Philadelphia has gained its rightful place as a national model of urban renewal, and the proof is all around us. It is in our skyline punctuated by Liberty Place and the Comcast Center. It's along corridors such as the Avenue of the Arts, one of the most successful catalysts for economic growth in the United States. It winds through the Schuylkill River Trail, voted the best urban trail in America. And it's in the $6.7 billion of new development underway throughout the city.
April 19, 2016 |
It was supposed to be open by now: The second-largest construction project in Pennsylvania state history is State Correctional Institutions Phoenix, rising on former farmland next to the 87-year-old SCI Graterford prison in Montgomery County. Only the $800 million Convention Center in Philadelphia cost taxpayers more. Phoenix is a million-square-foot complex, about as big as the Comcast Center, the state's tallest office tower. It is designed to house 3,872 inmates, a few hundred more than now live at Graterford, the main state prison for the Philadelphia area.
April 13, 2016 |
As his own father, Ralph Roberts, aged into his 80s and 90s, Comcast Corp. chief executive Brian Roberts said, he found that he and Flyers owner Ed Snider regularly grabbed lunch around town - the Capital Grille on Chestnut, Table 31 in the Comcast Center, and, more recently, the Union League on Broad. They'd talk sports, media, and life. Roberts, who heads the city's largest publicly traded company, said he trusted Snider as a mentor. "I came to realize his genius," Roberts said.
April 7, 2016 |
Growing up in Marietta, Ga., Keesha Boyd watched A Different World - a late 1980s spin-off of The Cosby Show - with her mother on Thursday nights and imagined herself through the black cast of young men and women. She connected with Kim, played by actress Charnele Brown, as a kindred soul. "She was your type-A and studied a lot and was focused on being a premed student," Boyd said. "When you can see something, you can believe it's possible. " Last month, Boyd's vision for giving black viewers a black-centric TV service - about 2,000 hours of curated TV shows and movies with black casts, directors, and themes - launched on Comcast's Xfinity on-demand platform.
March 9, 2016 |
Comcast Corp. said Monday that it had acquired the Philadelphia real-time sports-information service OneTwoSee that tech guys Chris Reynolds and Jason Angelides launched out of a rowhouse at 20th and Brandywine Streets five years ago. OneTwoSee's insight has been to apply real-time auto traffic analytics seen on TV news to sports, tracking game momentum and player statistics with easy-to-read graphics. The company, in effect, has brought big data together with multibillion-dollar TV sports.
January 27, 2016
ISSUE | PA. BUDGET Withhold taxes It has been nearly seven months since Pennsylvania's government failed in its basic responsibility to pass a budget. This inaction has consequences: Many nonprofits, school districts, and others in the state are hurting from the lack of funding. As Pennsylvania citizens, we don't have to facilitate this. We have the means to effectively pressure our elected officials to get this task done. I urge all state residents - regardless of political affiliation - and businesses to suspend sending their state taxes to Harrisburg.
December 25, 2015 |
A South Korean fund is buying the former postal building near 30th Street Station that houses the IRS's local offices, as the Asian country's investors increasingly tap U.S. real estate for stable returns. The fund, managed by Seoul-based Korea Investment Management Co., is under contract to buy the 862,700-square-foot building now known as Cira Square from Brandywine Realty Trust for $354 million, Brandywine CEO Jerry Sweeney said Wednesday. It's the latest acquisition by South Korean fund managers drawn to U.S. office buildings occupied by government or investment-grade tenants with plenty of time left on their leases, said Lucy Fletcher, a managing director at real estate services firm JLL. Such assets appeal to Korean managers, who generally target a steady return of about 6 percent to satisfy the pension and insurance funds they serve back home, said Fletcher, who directs JLL's international capital group in Chicago.
November 7, 2015 |
Philadelphia may be a blue city in a blue state, but Republican Jeb Bush was scooping up some green for his presidential candidacy here Thursday evening. He spent some private time with leading GOP donors at the Comcast Center, because fund-raising never stops, even if, like Bush, you are working hard on the trail to reset your campaign. Bush, once the front-runner for the nomination, has tumbled in the polls, having difficulty gaining traction with a querulous Republican electorate flocking to outsider candidates.
October 10, 2015 |
The strike by 65 NBC10 camera operators and broadcast technicians is heating up. NBC10 general manager Ric Harris told employees in an email on Wednesday that Philadelphia's No. 2 local news station is looking to hire replacement workers and that the positions of strikers had been posted on job sites. Harris also emailed that the company's final offer included a "no-layoff guarantee" for the contract that extends to 2018. On Thursday, union spokesman Frank Keel - accompanied by strikers who are members of the International Brotherhood of Electrical Workers Local 98 - held a news conference in City Hall on the same day that Comcast officials were to meet with city officials over the company's cable-TV franchise renewal.
September 29, 2015 |
A MASSIVE throng of pilgrims who flocked to Philadelphia from across the nation and the world packed every inch of the Benjamin Franklin Parkway yesterday to hear Pope Francis end his historic, sometimes frenetic, U.S. tour with a simple and moving message of love. "Love is shown by little things, by attention to small, daily signs which make us feel at home," the 78-year-old Argentine pontiff said in his native Spanish, delivering a modest yet eloquent homily to a crowd that stretched from the pulpit in front of Eakins Oval toward City Hall, snaking down every side street.