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Market Street

BUSINESS
May 17, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
The investors backing East Market, a proposed $500 million redevelopment of Market, Ludlow, and Chestnut Streets between 11th and 12th Streets in Center City, have sketched out the first stage of development: two floors of stores topped by 322 apartments rising to 17 stories. "We're going to create this great place that connects all these neighborhoods - the Convention Center and the hotels to Midtown Village, and City Hall and the office towers to the historic district," said Daniel Killinger, who heads the development arm of Washington-based National Real Estate Advisors, East Market's union-backed lead investor.
NEWS
December 27, 2012 | By Miriam Hill, Inquirer Staff Writer
The XXX-rated films are gone, along with the customers who trolled the Forum Theater on Market Street seeking public arousal. As videos and the Internet killed porn theaters, the Forum was among the last to die, but it finally closed Nov. 30, giving Philadelphia the opportunity - for the first time in decades - to develop this key link between the city's east and west sides. Richard Basciano, the man behind the proposal to revive the area with new apartments and street-level commercial space, is best known as the king of Times Square porn.
NEWS
October 29, 2014 | By Helen Ubinas, Daily News Columnist
THE TEENS WERE clearly up to no good. I was taking a shortcut to work through the Pennsylvania Convention Center entrance on Market Street last week when I saw a bunch of teenagers having some sort of confrontation with a mentally ill homeless man. I couldn't tell what they were arguing about as I rushed by. But whatever the teens were saying or doing was increasingly agitating the man. So I stopped. When I told them to leave the guy alone, the group quickly turned on me. The young woman in the group, capturing every moment with her cellphone, said I had it all wrong.
ENTERTAINMENT
November 30, 2013 | By Inga Saffron, Inquirer Architecture Critic
Like the prow of a ship, the main facade of Drexel University's new business school at 32d and Market Streets steers toward Center City, straining to narrow the two-block gap between the Schuylkill and its fast-growing campus. In a bit of overt symbolism, the university even relocated a statue of founder Anthony Drexel to the entrance plaza, so he now stands firmly at the helm of this eastward venture. Under its current president, John A. Fry, Drexel has made no secret of its desire to fill that bleak, underutilized space with the sleek towers of a new technology-dominated neighborhood.
NEWS
November 29, 2014 | By Julia Terruso, Inquirer Staff Writer
On the summer Sunday after a white policeman killed a black teenager in Ferguson, Mo., the Rev. Mark Kelly Tyler climbed his historic Society Hill pulpit to introduce his congregants to a minister in Ferguson - via speakerphone. "I thought it was important on that day they hear from someone on the ground," Tyler remembered. "They were angry, upset, confused. " In Oxford Circle, his friend and fellow clergyman Bishop Dwayne Royster was already making plans for how the two could travel to Ferguson.
BUSINESS
December 18, 2014 | By Erin Arvedlund, Inquirer Staff Writer
Local real estate firm Arden Group, founded by Craig Spencer, on Tuesday sold the 19-story Center City property 1635 Market Street to New York real estate investment firm Nightingale Properties, for an undisclosed price. Nightingale's CEO, Elie Schwartz, has committed $5 million to renovations, starting immediately. Real estate agents with CBRE in Philadelphia, Kevin Maloney, Mark Adzick, George Cauffman, and Joe Wolff, will market the property. "This is an exciting opportunity for this building.
NEWS
December 8, 2014 | By Inga Saffron, Inquirer Architecture Critic
Center City's grimy alleys are the equivalent of Philadelphia's attic, stuffed with forgotten architectural treasures. And there may be no richer trove than the stretch that runs behind the former Lits Bros. department store. There's now a parking garage at one end and a prison at the other, but with your eyes half-closed, the alley almost suggests a canal in Venice, canopied by its own moody Bridge of Sighs. Designed in 1912 by Castor & Stearns, the Renaissance-style arch is tightly notched into the narrow opening between Lits' back wall and Arch Street's Cast Iron building, connecting their second and third floors.
NEWS
May 5, 2011 | Inquirer Staff Report
Market Street between 16th and 17th Streets will be closed between 11:30 a.m. and 2 p.m. today for a Philadelphia Soul Football practice session. Traffic will be allowed to cross Market Street at 16th and 17th streets, but police say motorists should expect backups and delays in the area.
NEWS
December 15, 2014 | By Walter F. Naedele, Inquirer Staff Writer
Constance E. Williams, 79, president of the Fitler Square Improvement Association in the 1980s and 1990s and a longtime resident of that Philadelphia neighborhood, died of a ruptured organ Saturday, Dec. 6, at Anne Arundel Medical Center in Annapolis, Md. For the last two years, the South Jersey native had lived at the Watermark at Logan Square retirement community before recently moving to Annapolis. "She was very significant" to Fitler Square, Lenore Millhollen, who has been a board member of the association since the 1960s, said in a phone interview.
NEWS
April 19, 2012
Philadelphia's Department of Licenses and Inspections issued three citations Wednesday against a building in the 700 block of Market Street owned by Yechiel, Nahman, and Michael Lichtenstein, who also owned the Kensington building that burned last week, killing two firefighters. An L&I spokeswoman said the fire had prompted a review of all Lichtenstein properties, leading to the new citations on Market Street, which included operating a multifamily dwelling without a housing-inspection license, failure to keep fire-alarm testing records and certificates on site, and improper maintenance of the facade.
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