October 31, 2012 |
A $60 million deal to sell a large piece of Center City real estate to the owner of the Gallery at Market East is nearly complete, helping pave the way for a planned redevelopment of the long-struggling urban shopping mall, officials said Monday. Vornado Realty Trust of Paramus, N.J., in an announcement made on a stormy day that idled markets and major businesses along the East Coast, said it had entered into an agreement to sell 907 Market St. to Pennsylvania Real Estate Investment Trust, a shopping mall company headquartered in Center City.
October 30, 2012 |
Sure, Friday's Powerhouse 30 was meant to celebrate Power 99 FM's birthday, as it does every year. But with local rap hero Meek Mill dropping his first artist album, Dreams and Nightmares , tomorrow, the sold-out Well Fargo Center affair turned into the North Philadelphian's record release party. Like any good bash, there were last-minute additions - invitees like Usher as well as surprise guests. There was booze (Usher said he was tipsy, having waited so long to come on stage)
October 15, 2012 |
Lisa James Otto confidently guides her Jaguar over the rough roads that carve Solebury Township pastureland into six neat, green rectangles. "You really must see the view," explains the veteran New Hope real estate broker, whose current listings of historic houses and land number more than 100 in Bucks County and across the Delaware River in New Jersey, and never mind the sale she brokered in Italy recently. The property being explored on this gray Columbus Day holiday, however, truly falls into the often misapplied category of "unique": Four horse farms as a single entity, encompassing nearly 464 acres of rich ground in Solebury, Upper Makefield, and Buckingham Townships, six houses, barns, outbuildings, and - this is the clincher - about 175 standardbred horses, including stallions, broodmares, colts, and fillies.
October 7, 2012 |
Sunoco Inc. is now a subsidiary of Energy Transfer Partners L.P. ETP, a pipeline company based in Dallas, completed its acquisition Friday of the Philadelphia fuel retailer, creating a diversified energy partnership. For customers of Sunoco and its pipeline subsidiary, Sunoco Logistics Partners L.P., the acquisition should be seamless. Those operations are still based in Philadelphia. Sunoco stations still bear the iconic diamond-and-arrow logo. But for owners of 104.7 million shares of Sunoco common stock, who approved the merger on Thursday, the transaction is a little more complicated.
September 21, 2012 |
NEW YORK - In the four seasons since Citi Field opened its doors, a time that coincided with the Phillies' rise to the top of the National League and the New York Mets' descent to making regular appearances in late-night talk-show hosts' monologues, Charlie Manuel and Co. haven't exactly steamrolled over their sad-sack division foes. The Phils had even suffered through two of their lower moments in the last three seasons in Flushing. Two years ago, they failed to score a run in a New York sweep.
September 20, 2012 |
ROME - Is a scrap of papyrus suggesting that Jesus had a wife authentic? Scholars on Wednesday questioned the much-publicized discovery by a Harvard scholar that a fourth-century fragment of papyrus provided the first evidence that some early Christians believed Jesus was married. Experts in the illicit antiquities trade also wondered about the motive of the fragment's anonymous owner, noting that the document's value has likely increased amid the publicity of the still-unproven find.
September 14, 2012 |
AS JIM CALHOUN stood in his office at Gampel Pavilion, waiting for his final news conference as Connecticut's basketball coach, Pat Calhoun turned to her husband and gave him one final piece of advice. "Don't change your mind," she said. Calhoun had stayed on at UConn through cancer and a recruiting scandal. He refused to retire after winning a third national championship in 2011 because he didn't want a new coach to serve his NCAA suspension. He came back again to finish last season after another absence, this one for spinal surgery.
September 2, 2012 |
They were barely noticed amid the boom of European immigration to Philadelphia in 1912. The 50 or so Filipino seamen, veterans of the U.S. Navy, remembered the city so fondly from their shore leaves they put down roots here. Once settled, though, they were met with discrimination. To protect themselves and preserve their Pacific island heritage, they formed the Filipino-American Association of Philadelphia. A century later, more than 20,000 Filipinos live in Southeastern Pennsylvania and South Jersey, primarily Northeast Philadelphia and Cherry Hill.