April 30, 2016 |
The Philadelphia Science Festival closes with its traditional carnival, moved from the Parkway to the Great Plaza at Penn's Landing. It will feature more than 150 exhibitions, hands-on experiments, and performances, including live animals from the Philadelphia Zoo, wrestling robots, and more. (There will be exploding stuff, we think.) 10 a.m. to 4 p.m. Saturday at Great Plaza at Penn's Landing, 101 S. Columbus Blvd. Admission is free. Information: philasciencefestival.org Catch a falling 'Star' Kids ask questions, many with no answers (many)
March 13, 2016 |
Last week, Mayor Kenney began talking up a plan to upgrade Philadelphia's neighborhood libraries and rec centers. Many of those structures date from the period after World II, when the city embarked on a campaign to bring civic buildings to far-flung parts of the city. Because they were intended as community anchors, the city would often hire top architects and encourage them to produce significant designs. The Northeast Regional Library on Cottman Avenue is one of the most notable results.
March 2, 2016 |
To say that Brad and Larry Korman are enthusiastic about their growing portfolio of "luxury long-stay" AKA properties may be an understatement. From the moment they greet a visitor in the lobby of AKA Rittenhouse Square at 136 S. 18th St., the Kormans take turns talking about how they have been taking the furnished, extended-stay-apartment model pioneered by their father, Steven, to the heights of luxury living. AKA isn't an acronym. They wanted something simple, interesting, memorable, yet familiar.
January 29, 2016 |
The purchase price in last month's sale of Home Depot Plaza in Upper Darby Township was $33 million, Metro Commercial Real Estate said Wednesday. Metro Commercial said it represented the shopping center's previous owner, Mainard Inc., in the transaction, which closed Dec. 15. New York Life Insurance Co. announced last month that an affiliate, New York Life Real Estate Investors, had bought the 299,634-square-foot shopping center at Baltimore Pike and Bishop Avenue. email@example.com 215-854-2615 @jacobadelman
January 21, 2016
Southern Land Co. is negotiating with the Rittenhouse Plaza's condo owners to buy a three-story annex beside their building to accommodate more retail space at its adjacent 1911 Walnut residential tower proposal. The Nashville-based developer would use the space to extend two stories of retail planned for the Walnut Street side of the project, multifamily development director Dustin Downey said Tuesday. The space would likely be sectioned for use by two restaurant tenants, said Downey, who spoke following a presentation on the proposal before the Philadelphia City Planning Commission.
December 31, 2015 |
A New York Life Insurance Co. real estate unit has purchased the 299,634-square-foot Home Depot Plaza in Clifton Heights, the company said in a release on Tuesday. The Delaware County shopping center purchased by New York Life Real Estate Investors is located at Baltimore Pike and Bishop Avenue. Seller and purchase price were not disclosed. firstname.lastname@example.org 215-854-2615 @jacobadelman
December 12, 2015 |
Donald Trump, the Republican front-runner for president, once called the Plaza Hotel in New York City "the ultimate trophy. " That was when he owned it, from 1988 to 1995. The Pennsylvania Republican Party might have seen Trump, who draws large crowds at rallies, as a trophy "headline speaker" for Friday's fund-raising luncheon, held each year at the Plaza during Pennsylvania Society events. The question now: Has Trump tarnished his trophy status with a series of escalatingly provocative comments, culminating in a call to ban Muslims from entering the country?
December 5, 2015 |
The east side of Market Street has been getting all the buzz lately, with new residential buildings, a sophisticated mixed-used development at 12th Street, and the renovation of the tired Gallery shopping mall . But the stretch of Market west of City Hall is changing too, just more quietly. West Market is, hands down, Philadelphia's most boring street, a parade of undistinguished office towers where virtually every corner retail space is colonized by a bank branch - as though people still flooded the teller lines to make deposits and withdrawals.
November 5, 2015 |
An investment fund operated by New York's Square Mile Capital Management has originated a $26.8 million mortgage loan for the Penrose Plaza shopping center in Southwest Philadelphia, the company said in a release on Tuesday. Square Mile Capital Partners is funding the center's recent acquisition and planned capital expenditures by a joint venture of Onyx Properties, Abrams Realty & Development, and Siguler Guff. The 261,000-square-foot property at 2900-3000 Island Ave. is anchored by a ShopRite supermarket.
October 24, 2015 |
Post Brothers has acquired the 13-story Garden Court Plaza apartment building in University City, the Philadelphia-based real estate company said in a statement on Thursday. Post Brothers president Matthew Pestronk said the 146-unit building at 4701 Pine Street was acquired through the purchase of its previous ownership group and that he was prohibited from disclosing the price paid. The company plans extensive renovations at the building, which it acquired as part of a $250 million University City investment strategy, it said in the statement.