May 24, 2012 |
Our clinic recently saw a mother whose 5-year-old daughter has severe, persistent asthma. The mother reported that the mold and unrepaired cracks in her drafty apartment windows were making it very difficult to keep the daughter's asthma under control. Our physician referred her to Room 14. There, the examining table has been replaced by a desk, a laptop, a file cabinet, and dozens of post-it notes scattered along the walls. Instead of seeing a doctor in Room 14, the mother saw an attorney.
May 24, 2012 |
More entertainment, less art? The Kimmel Center for the Performing Arts, grappling with a series of discrete financial pressures, is shifting away from being a distinct presenting entity, relying more on partnerships with commercial outfits such as AEG and Live Nation, while giving breaks in rent to its own resident companies. Gone next season: the critically acclaimed Great Orchestra series, as well as Keyboard Conversations. The Kimmel's lively Summer Solstice celebration has been canceled this year for lack of money (though plans call for it to return every other year, starting in 2014)
April 4, 2012 |
Mayor Nutter is "leaning toward" signing a bill that would exempt investment funds and their general partners (big investors) from the city's 6.5 percent business tax on profits, says his spokesman, Mark McDonald. The measure, promoted by Councilman Bill Green and his allies, passed City Council, 16-1, last month, with Councilman Curtis Jones dissenting. Green predicted that, once the measure passed, venture, buyout and real estate funds would be more likely to fill vacant Center City or new University City office space, instead of locating in Boston, New York, Greenwich, Princeton, or Radnor.
March 4, 2012
CLEARWATER, Fla. - Nearly nine years have passed since Chase Utley and Jimmy Rollins first stepped on the field together. It was April 24, 2003, and the Phillies were still playing their home games in Veterans Stadium. Utley, a 24-year-old rookie, hit a grand slam off Aaron Cook for his first big-league hit that day. Rollins, also 24 but a far more experienced player, had three hits, and the Phillies beat the Colorado Rockies, 9-1. That was the beginning of what would blossom into the best double-play combination in franchise history, although it would be a stretch to say the two are still going strong.
February 21, 2012 |
The iconic 1616 Walnut Street building - listed on the National Register of Historic Places - has been purchased by Federal Capital Partners of Chevy Chase, Md., which is considering converting the office space to residential use. The sale of the 25-story Art Deco building marks FCP's second investment in Center City Philadelphia, after a $7.5 million loan it made in July to back redevelopment of the Robert Morris Building at 1701 Arch St....
January 17, 2012 |
We last wrote about Master Limited Partnerships in April 2011, and most of these energy investments have since posted significant run-ups in price. So is it time to sell and take some profits? Perhaps, say investors, if you think the price of energy is going to crash, and that doesn't look very likely. For instance, the price of natural gas is at historic lows, and probably can't fall much further (natural gas and oil used to be correlated in price, but that relationship has decoupled, for reasons few understand)
January 12, 2012 |
On the second floor of the old Victorian house, sunlight streamed through the window as Todd Loughton sat alone in the new computer center, the first visitor of the day. The small room inside the Frankford Community Development Corp. office had been dedicated the day before in a ceremony in which the mayor gave remarks and cut a ribbon. Loughton, 38, a slight man, neatly dressed, is part of the gaps in his neighborhood and the city, where 10.6 percent of residents are unemployed, the fifth-highest rate among the 20 largest U.S. cities, and an estimated 41 percent do not have access to a computer, limiting their search for opportunities.
December 19, 2011 |
This story has been corrected from the original version. The cardboard box had the name "Asomugha" written on it and was once filled with footballs for the Eagles defensive back to sign, but it was now filled with shoes. Korinne Dennis, 22, loves her shoes, and this was moving day. Dennis cleaned out the bedroom she still shared with her brother, including her favorite pillow, but left him the autographed footballs and photos. She can get plenty more in her job as program coordinator with the Eagles Youth Partnership.
November 21, 2011
Calkins Media Inc., a suburban newspaper chain and news organization, and Comcast SportsNet Philadelphia have entered into a partnership to share professional and high school sports content. According to the partnership, SportsNet will provide coverage of Philadelphia professional sports teams that will appear on www.phillyburbs.csnphilly.com . In return, Calkins Media will feed CSNPhilly.com with high school sports stories and its sports reporters will appear on a weekly show on the Comcast Network.