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NEWS
October 23, 2012 | BY JOHN F. MORRISON, Daily News Staff Writer
LEONARD WARREN Simpkins Jr. would be cooking a meal or riding in his car and the muted trumpet of Miles Davis would be filling the air with jazz. Leonard was a big jazz fan and the late trumpeter was his favorite, although he also dug John Coltrane, Wes Montgomery and Charlie Parker, among others. And he didn't just listen to their music. He had firm opinions about the artists - which ones were the best and why, which ones mediocre - as well as an encyclopedic knowledge of their work.
NEWS
December 14, 2012
DEAR HARRY: I have a good pension plan where I work, and I have been contributing right up to the maximum allowed. The company matches my contributions up to 6 percent of my pay. Today, I saw some guru on TV telling people that any money above what the company will match should go into real estate. He was even going to the point of telling viewers to move to a bigger home with a bigger mortgage. With low interest rates and the threat of inflationary policies in Washington, he insisted that this was a no-brainer.
NEWS
August 25, 1995 | by Jacqueline Love, Daily News Staff Writer Staff writer Earni Young contributed to this story
Want to buy a house? Need advice on what to do now that you're moving for the first time? If so, the answers can be as close as your personal computer. Log on and link up to the LibertyNet, where cyberspace meets real estate. LibertyNet is a regional computer-based network with information about lots of things - community organizations, educational institutions, historic and cultural attractions, local government and business in the Philadelphia region. And real estate.
NEWS
September 5, 2000 | By Kay Raftery, INQUIRER SUBURBAN STAFF
Selling a house can be like losing an old friend. The attachment between home and homeowner can run that deep because of the sense of history and familiarity. And when the owner is an older person and the history spans decades, the loss can be quite painful, real-estate agents say. Jean Brenner of Richboro, who has sold real estate for 23 years, knows this from personal experience. After selling her home of 18 years, she found herself getting weepy all the time. "I was depressed but didn't know why," Brenner said.
NEWS
June 29, 2007 | By Harold Brubaker, INQUIRER STAFF WRITER
In a stunning move linked to a federal investigation, Vernon W. Hill II is leaving Commerce Bancorp Inc., which he founded more than 30 years ago and built into a $47 billion bank that helped change the face of retail banking. The Cherry Hill bank said today that Hill, 61, would immediately depart from its main operating subsidiary and would retire as chairman, president and chief executive of Commerce Bancorp on July 31. Commerce stock climbed on the news, as investors placed bets that the company will be sold.
NEWS
November 12, 1993 | By Mary Blakinger, INQUIRER CORRESPONDENT
Flora K. Rubin cannot stand inertia. That's why she teaches ethics to real-estate agents, sells about $8 million worth of real estate a year, and works on a task force that is proposing revisions in real-estate law. It's also one reason why the Pennsylvania Association of Realtors recently chose Rubin, of Narberth, for its 1993 Outstanding Service Award. "She doesn't recognize the words, 'It can't be done,' " said Rubin's friend and colleague, Carolyn Eagan. It was Eagan, executive vice president of the Main Line Board of Realtors, who submitted Rubin's name to the 26,000-member state association for consideration for the award.
BUSINESS
September 22, 1992 | by Earni Young, Daily News Staff Writer
When the Berlin Wall came tumbling down more than two years ago, followed by the Soviet Union, Binswanger Co. saw a golden opportunity in the rush by American firms to consolidate and relocate their European operations. After a six-month test, the Philadelphia-based firm and Auguste-Thouard of Paris yesterday formally announced the formation of Auguste-Thouard- Binswanger, which will provide international real-estate services. The partnership with France's largest commercial real-estate brokerage is unique, said Frank G. Binswanger 3rd, who has been named a managing director of the new venture.
NEWS
January 21, 1988 | By Chuck McDevitt, Special to The Inquirer
The opening of a new RE/MAX franchise real-estate office at 1001 Baltimore Pike in Springfield has been announced by Michael J. Stefonick, regional director of RE/MAX of Southeastern Pennsylvania. The Springfield office - operating under the name RE/MAX Delco - is the 46th franchise in the Southeastern Pennsylvania regional group. The franchise is owned by Paul V. Kazunas. The 4,500-square-foot office employs seven sales associates. Projections call for the addition of about 15 associates within nine months, according to Kazunas.
REAL_ESTATE
July 17, 1986 | By LEW SICHELMAN, Special to the Daily News
Two years ago Clark Firestone, an old buddy from my high- school days, was like a lot of would-be real-estate investors. He had heard about people who made fortunes in real estate while sheltering a good bit of their incomes, and he wanted to do the same. But he was scared to death. Today, Firestone and nine of his friends and neighbors are in the process of purchasing their 10th property. When the deal goes to settlement in the next few weeks, they'll own about $500,000 worth of real estate between them.
NEWS
March 27, 1987 | By CYNTHIA BURTON, Daily News Staff Writer (Staff writer Gary Thompson also contributed to this report.)
The biggest "if" in Mayor Goode's proposed $1.8 billion budget has real- estate developers and investors coming up with a few "ifs" of their own. Goode's plan to sell two city office buildings - City Hall Annex and the Municipal Services Building - for $65 million and lease them back for $14 million a year is the biggest link in the fiscal chain that would keep taxes and services where they are. But several developers said they'd rather knock...
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REAL_ESTATE
March 16, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
After 120 installments of my "Town by Town" column in the Sunday Business section, I can state two things without fear of contradiction: First, all real estate is local, local, and local. Second, no two real estate agents agree unequivocally on the state of the market in which they work. It's one of those glass-half-full/glass-half-empty situations and applies even if the agents work in the same office. For that reason, I often don't talk to more than two real estate agents per location.
BUSINESS
March 11, 2015 | By Harold Brubaker, Inquirer Staff Writer
Shares in Gaming & Leisure Properties Inc. climbed $4.06, or 12.5 percent, after the Wyomissing, Pa., company announced a hostile, $4.1 billion offer for the real estate holdings of Pinnacle Entertainment Inc., a Las Vegas casino company. It was the biggest one-day gain for Gaming & Leisure Properties since the real estate investment trust was spun off from Penn National Gaming Inc. in the fall of 2013 to own most of Penn National's real estate. The stock closed at $36.43. Pinnacle owns 15 casinos and announced last fall that its board had decided to split into two companies, one to own its real estate and one to operate its casinos.
REAL_ESTATE
March 8, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
I wrote about green building a few weeks back, and about how some studies show that houses with sustainable features sell for 10 percent to 14 percent more than comparable houses without them. I had interviewed Jim Maransky, president of E-Built L.L.C. and builder of the Icehouse in Fishtown, who, while confirming those results, added that the appraisal process is the place "where the green premium many times falls apart. " Others had made the same complaint, and I also was aware that the Appraisal Institute has been trying to address it for several years.
BUSINESS
February 23, 2015 | By Erin Arvedlund, Inquirer Staff Writer
Local start-up Houwzer.com is building a real estate brokerage around helping home sellers save money - by selling their houses practically for free. Yes, the real estate commission for the seller's agent could be a thing of the past. Home sellers save the 3 percent commission by listing their property with Houwzer.com, says cofounder Michael Maher. "On a $500,000 transaction, we save the seller $15,000," Maher said. Houwzer.com currently has about 60 seller listings on its site, and anticipates 250 listings in 2015, he added.
BUSINESS
February 16, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
One in a continuing series spotlighting real estate markets in the region's communities.   East Bradford Township is "one of the most desirable places to live in Chester County," says Kit Anstey, of Berkshire Hathaway Home Services Fox & Roach Realtors. He should know: It has been his home for 40 years. To be honest, Anstey's connections here go back three years more, to 1972, "when I joined the Radley Run Country Club. " He has owned two houses in his time in East Bradford, which is west of West Chester but east of West Bradford Township.
NEWS
February 10, 2015 | BY JOHN F. MORRISON, Daily News Staff Writer morrisj@phillynews.com, 215-854-5573
WHEN JIM KOLLER was diagnosed with amyotrophic lateral sclerosis, he wanted to find out all he could about the disease. He wanted to know, how could he, a fitness buff who thought nothing of a 24-mile bike ride from his home in Lafayette Hill to the Philadelphia Art Museum and back, contract the crippling, fatal disease named after the baseball player Lou Gehrig? How could he, a man who lifted weights and swam six days a week for 20 years, be afflicted with a disease that slowly destroys a person's ability to even flex a muscle?
REAL_ESTATE
February 9, 2015 | By Erin Arvedlund, Inquirer Staff Writer
Conshohocken-based How? Properties redevelops rental projects all over Philadelphia, with more than $100 million in real estate under development or management. By 2015's end, it expects to own and manage about 500 apartments. It also presents classes for tenants on how to build wealth by investing in real estate. How? Properties principals Andy Blum, Gary Jonas, Bill McLaughlin, and Gary Risler formed a mortgage company in 1998, then expanded into real estate in 2003. They went on to conceive their own construction and development projects and now manage the completed ventures.
BUSINESS
February 4, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
The Super Bowl is history, marking the start of a new high-stakes season: the spring real estate market. After what many industry insiders considered a disappointing 2014, hopes are high for 2015. Among factors contributing to those hopes are continued low interest rates, new 3 percent down-payment programs from Fannie Mae and Freddie Mac, and an improving economy. Builders anticipate a boost in single-family home construction starts - critical to their long-term health - to 804,000 units nationwide, still well below the 1.5 million pre-downturn level.
NEWS
January 31, 2015 | By Bonnie L. Cook, Inquirer Staff Writer
Samuel J. Pilotti, 85, of Berwyn, a Realtor and civic leader in Philadelphia's western suburbs, died Saturday, Jan. 24, of cancer at Paoli Hospital. Born in Devon, he attended Conestoga High School, the University of Pennsylvania's Wharton School, and Pennsylvania State University. After 17 years as a business executive, Mr. Pilotti followed his true passion by turning his hobby - investing in real estate - into a profession. He founded Metric Realty in Paoli in 1975 and continued to work for 40 years in all phases of real estate with daughter Lisa Campbell and son David.
NEWS
January 22, 2015 | BY JOHN F. MORRISON, Daily News Staff Writer morrisj@phillynews.com, 215-854-5573
WHEN JOSEPH Sindoni bought a boat for seagoing outings from the Jersey Shore, he thought his wife would be thrilled. But when she saw it, Margaret's reaction was less than enthusiastic. "Where's the bathroom?" she wanted to know. So, Joseph, always the devoted husband, went out and bought a bigger boat - a 24-footer with a bathroom. The family kept the boat for about eight years at North Wildwood, but, even though he was a former Navy man, the family didn't get that much use out of the boat and he finally sold it. Part of the problem was that Joseph Sindoni was the kind of guy whose favorite activity was work.
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