November 19, 2015 |
The owners of Two Liberty Place have put the office portion of the Center City tower up for sale, according to CBRE executive vice president Robert Fahey, who is handling the listing. Florida-based Parkway Properties is selling the office space in the 57-story tower to focus on its core portfolio of assets in the southeastern United States, Fahey said Tuesday. He said a significant amount of interest during the week in which the property has been marketed has come from overseas buyers who are newly discovering Philadelphia as a target for investment.
September 19, 2015 |
For a penthouse, the top of One Liberty Place hasn't seen much action. First, it was a Cigna corporate cafeteria. Then, it sat vacant. Soon, though, the space - and, more important, the views - will be accessible to anyone willing to pay $19 a ticket. The One Liberty Observation Deck , to open in November, represents an investment "north of $10 million," said general manager Evan Evans. He expects it to attract half a million visitors per year. To his employer, the French company Montparnasse 56, it was an obvious choice.
July 18, 2015 |
It has been 15 years since the Philadelphia Navy Yard was turned into a suburban-style office park. Lured by the promise of free parking and easy highway access, dozens of companies now make their home there, employing some 12,000 people. The development is widely considered an economic success. If your only experience of the Navy Yard has been a fleeting glimpse from I-95, it may come as a surprise to learn that it is also a design success. Not only has the Navy Yard moved beyond the bland office-park model by creating a formal street plan with real sidewalks, but it also is producing some of the best architecture in Philadelphia - better than most of what we're seeing in Center City or University City.
February 7, 2015
An article in Thursday's Business section about the Residences at Two Liberty Place condominiums gave an incorrect first name for the owner of Kurfiss Sotheby's International Realty in New Hope. He is Donald Pearson.
February 6, 2015 |
Hoping for a repeat of the experience at 10 Rittenhouse Square, iStar Financial has handed the remaining 73 condominiums at the Residences at Two Liberty Place to developer Carl Dranoff to market and sell. Sales of those units, on the 42d through 57th floors of the Center City skyscraper, were to have begun Wednesday after a brokers' open house that drew more than 150 area agents, but the first contract was signed Tuesday. The number of brokers at the open house attested to the market's high demand for luxury condos and the dearth of supply.
December 31, 2014 |
A FORMER employee of ABM Janitorial Services claims in a lawsuit that he was discriminated against by the company because of his faith, race and disability. Vincent Danao, 49, of Logan, became a Hebrew Israelite in 2007. He said yesterday that after he did so, "I just began getting harassed and everything. " His lawsuit, filed in U.S. District Court in Philadelphia last month, contends that Danao faced hostility, got dumped with more work, was falsely criticized for his performance and was placed under increased scrutiny after he made his new religion known.
December 20, 2014 |
A France-based company that operates observation decks in Paris, Berlin, and Chicago plans to open a viewing spot on the 57th floor of the 61-story One Liberty Place. Montparnasse 56 said the attraction - its second in the United States - is scheduled to debut in the summer. Mayor Nutter welcomed the project, saying in a statement: "We are a destination rich in history, culture and the arts. From the most historic square mile in the country to the expansive collection of art housed along the Benjamin Franklin Parkway, the new observation deck by Montparnasse 56 will offer visitors a chance to see our changing skyline and tourism assets.
October 20, 2014 |
A CONTROVERSIAL group of black street preachers who spew hate speech at whites, Asians, gays, women and some blacks they find objectionable, has a right to continue preaching, the state Superior Court has ruled. The Oct. 14 decision affirmed Philadelphia Common Pleas Judge Ellen Ceisler's ruling from July 2013, and is another blow to the Shops at Liberty Place, which sued the preachers. Operating under the name Israelite School of Universal Practical Knowledge, the preachers since 2012 have held semiregular Friday-afternoon demonstrations on the public sidewalk at 16th and Chestnut streets, which is near the main entrance to the Center City retail complex.
August 15, 2014 |
Of course there were mummers and cheesesteaks as a committee to select the city to host the Democrats 2016 presidential convention started a two-day tour of Philadelphia in Philly style. The mummers strummed as the bus carrying the Democratic National Committee delegation pulled up to a crowd waiting the Warwick Hotel that included reenactors dressed in colonial period garb and the Eagles mascot. Also in the crowd to greet the visitors were former Gov. Ed Rendell and Mayor Nutter, who posed with a donkey mascot, and and Rep. Robert Brady.
June 13, 2014 |
When Larry Bosley and his son Geoff bought the hulking building at 148 W. State St. in Kennett Square in 2010, they knew it had a prestigious past. Most recently, it contained offices; before that, a furniture store. But originally, it had been built out of the steel hull and beams repurposed from the Joshua Alexander, a World War II Liberty cargo ship made in a Baltimore shipyard from Bethlehem steel. The building's future, though, was less clear. The 10,000-square-foot ground floor, vacant since 2008, was prime for retail.