May 28, 1990 |
Kraft Dairy Group has signed a lease for 70,000 square feet for a headquarters office at Seven Penn Center, the former IBM Building at 17th and Market Streets. The group, which makes Sealtest and Breakstone products, signed a 10-year lease valued at $13 million. Kraft plans to move to the building, recently renovated by MSK Associates, from 1880 JFK Blvd. this fall. The new lease makes Seven Penn Center 92 percent leased, said the Binswanger Co. which manages and leases the building.
December 18, 1991
The proposed get-tough lease policy being considered by the Philadelphia Housing Authority board of directors offers a reverse twist on the old saying, "too little, too late. " The proposed policy is "too much too soon" - a well-meaning but over- reaching attempt to reclaim public housing from drug dealers and other punks who are making life miserable for the decent majority of PHA tenants. It's a response to a sweeping mandate on criminal activity spelled out in new regulations from the U.S. Department of Housing and Urban Development, implementing amendments to the National Affordable Housing Act of 1990.
July 3, 1990 |
The 76ers and Spectacor expect to sign a new lease agreement this week. That will leave Spectacor, operator of the Spectrum and parent company of the Flyers, to decide, perhaps within the next few weeks, whether to build a new arena on the current site of JFK Stadium in South Philadelphia or on the Camden waterfront. The location of a new arena is now moot to Sixers owner Harold Katz. For him, a new lease will effectively end a nine-year search for what he feels is an equitable arrangement.
August 5, 2016 |
A new defense, position, and coaching staff should, theoretically, give Marcus Smith a new lease on his fluttering NFL career. The third-year defensive end is approaching this season with that premise. And who can blame him? If Smith didn't believe this was his chance to finally deliver upon the promise of the draft, then he might as well join first-round busts like Danny Watkins in the real world. "I want at least 10 sacks, 10 [tackles for loss], and at least four interceptions," Smith said when asked for his 2016 goals.
August 1, 2007 |
Rick Olivieri left his corner of the Reading Terminal Market yesterday without a lease, at times fighting tears, and promising to be behind the grill at Rick's Philly Steaks when the lunch crowds return today. The predicted end of the long-running drama between Olivieri and management of the historic market came and went, as T.S. Eliot said, not with a bang but a whimper. Olivieri's lawyer had sued to avoid eviction, but, as of late yesterday afternoon, there was no hearing and no court order.
October 5, 1995 |
The honeymoon between the NHL expansion Panthers and South Florida is over, and the relationship may end in divorce. After missing the playoffs in their first two seasons by just one point, the Florida Panthers might be getting ready to pack it up north after this season. Whether it is nearby Fort Lauderdale-West Palm Beach area or Nashville, Tenn., remains to be seen. Everything has changed for one of the NHL's most successful expansion franchises in a few summer months: Coach Roger Neilson was surprisingly let go June 8, and along with him went his much-maligned trapping, defensive style that frustrated opponents.
November 25, 1990 |
The Delaware County Council and the county's Economic Development Oversight Board are looking to attract new business and industry to Delaware County. The oversight board, successor to the county Partnership for Economic Development, and the council met with 25 major employers in the county Monday to discuss ways to maintain existing business and bring new firms into the region. Earlier, the oversight board asked for a proposal from a Philadelphia marketing consultant to update the county's economic-development strategy.
November 9, 1986 |
The Narberth Post Office will be staying put for another six years, at least. The U.S. Postal Service has negotiated a six-year lease with Royal Bank of Pennsylvania, which recently acquired the post office building at 144 N. Narberth Ave., according to Margaret King, public-information officer for the Postal Service's Philadelphia office. "In considering what our needs will be 10 years from now, that building will accommodate us, so we will remain there," said King. The Postal Service, which has been negotiating with the owners since its lease expired in August, hesitated to sign a lease because it was contemplating building a new facility, said King.
April 19, 1991 |
Kevin Allen, the former Eagles No. 1 draft pick who spent 33 months in jail for the Labor Day 1986 rape of a woman on a New Jersey beach, has gotten permission from commissioner Paul Tagliabue to play in the NFL again. Tagliabue informed Allen by letter yesterday that he is free to sign with any NFL club. At least one team, the Cincinnati Bengals, has expressed an interest in the 27-year-old offensive lineman. Allen, the ninth player taken in the 1985 draft, petitioned Tagliabue last April for permission to re-enter the league, but was turned down.
January 30, 1989 |
After a search for new office space, Towers, Perrin, Forster & Crosby, the international management consulting firm, has decided to stay and more than double its space at Centre Square, company officials said. The company now occupies 210,000 square feet on six floors of Centre Square's West Tower. Under its new 15-year lease, Towers Perrin will occupy 485,000 square feet in the East Tower. Towers Perrin will move into space being vacated by the Atlantic Richfield Corp., which is moving to Delaware County.