October 30, 2014 |
SEPTA's plan to expand rail service to King of Prussia got a major boost from the state with last year's transportation-funding bill. Yet two years into the project's planning, funding remains its largest hurdle. "We have funds for about 30 percent of the design, but the big question is: How do we pay for the construction?" SEPTA general manager Joseph M. Casey said Tuesday. "We need help, we need financial help, to get this going. " Casey gathered with fellow planners and politicians at the Chemical Heritage Foundation to discuss the need for rail service linking Philadelphia to King of Prussia, and what it would take to make it happen.
October 20, 2014 |
One in a continuing series spotlighting real estate markets in the region's communities. Some people use the terms Glen Mills and Thornbury Township - the one in Delaware County - interchangeably. Inaccurately, too: A good portion of the township is in the Thornton zip code, 19373. (Thornton is a historic section of Thornbury Township.) Plus, the Glen Mills zip code, 19342, covers five other townships including Thornbury Township, Chester County, as well as the Borough of Chester Heights.
October 16, 2014 |
A MONTGOMERY County Court jury yesterday sentenced a man to death in the 2012 murders of an infant and her grandmother, District Attorney Risa Vetri Ferman said last night. Raghu Yandamuri, 28, of King of Prussia, was convicted last week of killing Satyavathi Venna, 61, and 10-month-old Saanvi Venna during a plot to extort a ransom from the Venna family. Yandamuri met the family while living in the same complex, the Marquis Apartments in King of Prussia, prosecutors said. His plan was to kidnap the infant in a ploy to bilk the family out of $50,000 to help settle gambling debts.
October 10, 2014 |
A KING OF PRUSSIA man will face life in prison or death after being convicted yesterday of brutally murdering a 61-year-old woman and her infant granddaughter in an elaborate kidnapping plot for ransom in 2012. A Montgomery County jury of seven men and five women yesterday found Raghunandan Yandamuri, 28, guilty of two counts of first-degree murder for the October 2012 slayings of grandmother Satyvathi Venna and 10-month-old Saanvi. Yandamuri was also convicted of kidnapping, burglary, robbery and abuse of a corpse.
August 27, 2014 |
A Montgomery County Court judge agreed Monday to a one-week delay in the September trial of a King of Prussia man accused of killing an infant and her grandmother in 2012. After a request from the defendant, Raghunandan Yandamuri, Judge Steven T. O'Neill moved the trial from Sept. 8 to 16. Yandamuri is representing himself, and the judge gave him the extra time to talk with the defense investigator, review a DNA analysis, and get more information from a forensic pathologist and a computer-generated animation expert the court recently appointed to work for the defense.
August 15, 2014 |
A Montgomery County judge on Wednesday ruled Joseph McAndrew Jr. guilty but mentally ill of first-degree murder for fatally stabbing his parents and twin brother in King of Prussia in 2011. The verdict from Common Pleas Court Judge Gary S. Silow capped a three-day bench trial in which McAndrew and his lawyer sought to convince the judge that he was not guilty by reason of insanity when he used a sword to kill his father, Joseph; his mother, Susan; and his brother, James, in their Holstein Road home.
August 12, 2014 |
HARRISBURG - While battles rage in New Jersey and other states over whether to allow Tesla Motors to sell cars within their borders, Pennsylvania has quickly and quietly approved an expansion of the automaker's entry into the market. Gov. Corbett signed the legislation amid the budget frenzy last month, exempting electric-vehicle makers from a Pennsylvania law that bars car manufacturers from selling directly to consumers. The law lets Tesla open five stores statewide. The company opened a King of Prussia showroom last year and plans to open a second in Devon, a spokesman said.
August 3, 2014 |
Citing "institutional incompetence" at Nationwide Financial's mutual-funds business, based in King of Prussia, a Delaware judge ordered the company to pay a Michigan investment manager $10.3 million for breaching a contract. The lawsuit in Superior Court related to the 2007 management buyout of Nationwide's 65 percent stake in NorthPointe Holdings L.L.C., of Troy, which managed assets for some of Nationwide's retail mutual funds. As part of the $25 million buyout, NorthPointe managers negotiated provisions to protect their business with Nationwide Funds Group, which accounted for 22 percent of NorthPointe's $3.5 billion in assets under management, for three years.
June 30, 2014 |
Neil Rubler, a New York real estate developer and manager with Philadelphia ties, is putting the finishing touches on the first phase of 251 DeKalb, a gut renovation of the onetime-crime-plagued Marquis Apartments in King of Prussia. A 1998 Wharton School of Business graduate, Rubler and his Candlebrook Properties in Manhattan partnered with Lubert-Adler in Philadelphia to buy the apartment complex for $70 million and spend $50 million in renovations, for a $120 million total project cost, Rubler said.
June 27, 2014 |
When they showed up at the happy hour, they weren't wearing their office clothes, but sweats and tights. Nor were they drinking lagers and downing wings. Instead, they were contorting themselves, becoming at turns a Downward Facing Dog or a Half Lord of the Fishes. The 90 or so had gathered at 5:15 p.m. Tuesday at a nondescript office complex in King of Prussia for a "Yoga Happy Hour," a twist, bend, and stretch on a long-standing American tradition. The summertime yoga class and networking social draws scores of frazzled office workers, who change from business casual to sweat-friendly and stretch for 45 minutes on an office building patio in Upper Merion Township.