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New Lease

NEWS
October 8, 1992 | by Anthony S. Twyman, Daily News Staff Writer
Federal officials got an earful yesterday when they attempted to revisit the issue of adopting a new, get-tough lease for tenants of the Philadelphia Housing Authority. Just like last year, when former PHA Executive Director John Paone attempted to broach the issue with tenants, there was a torrent of criticism. And again during the PHA special master meeting yesterday, the issue was tabled - just as it was last year. "You're trying to push something over on us and I don't like it," Nellie Reynolds, a former PHA board member and Johnson Homes tenant council president, said yesterday.
NEWS
April 30, 2016 | By Melanie Burney, Staff Writer
The spectacular view of the Cooper River remains the same at the new Cooper House restaurant, while the place has been given a complete makeover and new menu. More than a year after upgrades began to spruce up the once-popular Lobster Trap, the restaurant is only weeks away from opening. Besides its new name, the restaurant, closed since 2013, will have a new lease when it officially opens June 5. The building is owned by Camden County. There will be no TVs or stools at the bar, which will offer locally brewed beer and wines from South Jersey.
REAL_ESTATE
March 20, 2016 | By Alan J. Heavens, REAL ESTATE WRITER
Five hundred ninety units of affordable senior housing in two Philadelphia neighborhoods are being given a new lease on life. Vitus Group, which has offices in Seattle and New York, is upgrading the apartments, development director Scott Langan said, "to make them solid and stable for the next 30 years. " Vitus, which worked primarily on the West Coast until about five years ago, rehabilitates existing housing and builds new properties, he said. The apartments are in two high-rise buildings the company acquired - Four Freedoms House at 6101 Morris St. in Germantown and Philip Murray House at 6300 Old York Rd. in West Oak Lane.
NEWS
March 8, 1986 | The Philadelphia Inquirer / TOM GRALISH
Without the fanfare that was part of its rich heritage, the Bellevue Stratford closed it doors yesterday. Its new lease on life after a reprieve last month proved to be short term, as the hotel's owners, citing insufficient business, shut down three weeks before the scheduled April 2 closing date.
ENTERTAINMENT
December 20, 2014 | By Inga Saffron, Inquirer Architecture Critic
All anyone had to do was say the word multiplex and the Boyd Theatre's fair-weather friends abandoned the grand dame of Philadelphia movie palaces as if the place was on fire. Demolition of the art deco auditorium was sanctioned by the Historical Commission in March, and within days, wrecking crews were on the scene, supposedly for the Florida chain iPic. Now we know it was all magical thinking. Neil Rodin, the developer who said he was bringing iPic to Philadelphia, never followed through on his much-ballyhooed plan to buy the Boyd from its longtime owner, Live Nation.
NEWS
December 20, 1991 | by Anthony S. Twyman, Daily News Staff Writer
Supporters of the Philadelphia Housing Authority's get-tough lease proposal will arrive at the PHA board meeting today with new ammunition. PHA Executive Director John Paone is using a $14,000 drug bust at four homes in the Bartram Village housing development to underscore the need for the new lease. Of four people arrested Wednesday in Southwest Philadelphia, only one was a tenant, Paone said. "This housing authority needs the wherewithal through a new lease to be able to enforce the drug laws, to be able to evict tenants who permit their units to be used by drug dealers.
NEWS
September 30, 1991
If their landlord prevails, residents of public housing in Philadelphia will be getting a longer, tougher lease. It would spell out tenants' responsibilities in detail and make it easier to evict tenants for conduct that's illegal, destructive or otherwise irresponsible. But critics say there's no need to make sweeping changes in the current lease, and that in dozens of specific provisions, the new lease would trample on tenants' rights. Who's right? We agree with the landlord, which is the Philadelphia Housing Authority, that it needs the expanded power it would get in the new lease.
BUSINESS
June 12, 2015 | By Linda Loyd, Inquirer Staff Writer
The city has a pending lease deal with the airlines at Philadelphia International Airport, but it could be scuttled over a City Council "labor harmony" provision making it easier for lower-paid workers at the airport to unionize. American Airlines, Philadelphia's hub carrier with 70 percent of the airport passenger traffic, and the other airlines have agreed to a new five-year lease with two one-year extensions with the Nutter administration that provides $158.2 million in capital investment.
NEWS
July 28, 2007 | By Joseph A. Slobodzian, Inquirer Staff Writer
Management at the Reading Terminal Market yesterday reaffirmed its decision not to give a new lease to steak-sandwichmaker Rick Olivieri. Market spokesman Kevin Feeley said officials of the nonprofit Reading Terminal Market Corp. spent the last week explaining the rationale for their decision to merchants and others, as well as giving Olivieri a final hearing on Wednesday. "Following all of these measures, the board reaffirmed the decision not to renew the lease," Feeley said.
NEWS
February 29, 2008 | By Joseph A. Slobodzian INQUIRER STAFF WRITER
A Philadelphia judge has cleared the way for trial of the long-running lease dispute between Reading Terminal Market managers and steakmaster Rick Olivieri. In a 10-page opinion filed last week, Common Pleas Judge Mark I. Bernstein pared all but one of the 11 counts of the civil lawsuit Olivieri filed last July against the nonprofit Reading Terminal Market Corp., its general manager Paul Steinke, and Ricardo Dunston, chairman of the nonprofit's board of directors. Bernstein also ruled that Olivieri may not seek punitive damages: "Rick's recoverable damages are limited to the amount it reasonably spent to renovate the premises in reliance on the promise of a renewal lease before Rick's learned that its lease would not be renewed.
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