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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
January 19, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
If I've learned anything since the downturn, it's that you cannot predict the future of the real estate market, either in the short term or the long. When paired with "all real estate is local," predictability goes out the window, because what is happening nationally or regionally may not be the Hi-Nella experience. Yet each year, housing economists make a stab at predictions. I'm not singling out Jed Kolko at Trulia for any reason other than I have his prediction. Consumers, Kolko said, are upbeat, and they think 2015 will be a better year than 2014 to buy, to rent, and especially to sell.
NEWS
January 9, 2015 | By Kristen A. Graham, Inquirer Staff Writer
The grand houses of Northwest Philadelphia aren't a tough sell for real estate agents. The schools are another matter. Lifelong West Mount Airy resident Rich McIlhenny, a RE/MAX real estate agent, had not set foot inside a neighborhood public school until Wednesday, when he and others whose job it is to sell the city toured five of its schools. The aim was to show that, very real budget crisis aside, the city schools can be a solid option for many families. "I do a lot of my work in this area, and people are always asking, where are the good catchments?"
REAL_ESTATE
January 5, 2015 | By Erin Arvedlund, Inquirer Staff Writer
Treetop Development, a Teaneck, N.J.-based real estate firm formed by two high school friends, is making a second major investment in Philadelphia by renovating the 504-unit apartment towers at 5450 Wissahickon Ave. in East Falls. Many commuters no doubt will drive by what is now known as Charter Court without noticing the new ownership. But plenty of people live in East Falls, too, and "we were interested in buying it as a transport hub-based development," said Adam Mermelstein, co-founder of Treetop.
NEWS
January 4, 2015 | By Allison Steele, Inquirer Staff Writer
Camden's L3 Communications building on Market Street, long seen as housing some of the city's best office space, was sold this week to a major South Jersey real estate firm for $35 million. The 575,000-square-foot property was owned by the state Economic Development Authority, which last year reached a sales agreement with the city's Cooper's Ferry Partnership. This week, the Cherry Hill-based Needleman Management company, along with a group of investors, purchased that agreement, company president Howard Needleman said.
REAL_ESTATE
January 4, 2015 | By Alan J. Heavens, Inquirer Real Estate Writer
Repeat after me: "All real estate is local. " Never mind what you see on CNN or hear on NPR before All Things Considered puts you to sleep. They may try to convince you that there is a "national" real estate market. What you need to remember is that it's all local - right down to the block. When we compare what's happening in our eight-county market with the buying and selling going on elsewhere in the country, it often reveals a hugely different experience. The difference most frequently mentioned is how price declines here didn't match those in most other regions of the U.S. in the months and years after the housing bubble burst.
BUSINESS
December 30, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
A billion dollars still buys a lot of real estate in Philadelphia. That's how much commercial real estate brokers in the Philadelphia office of Jones Lang LaSalle say they sold here in 2014. It was a record for the firm, said executive vice president Doug Rodio . The company claims it is the largest adviser to big building-sellers in the region. Prices are up. See, for example, Radnor Court, the brick-and-glass, 121,000-square-foot complex where Airgas has its headquarters on Radnor-Chester Road, near the Radnor SEPTA station.
NEWS
December 13, 2014 | By Walter F. Naedele, Inquirer Staff Writer
Alvin "Bud" Plumer was "one of the most respected, trusted, honorable Realtors" in the Greater Philadelphia Association of Realtors, Allan Domb, the group's president, said. "Not only was he a nice guy," Domb said Thursday, he was "a pleasure to do business with. " Mr. Plumer was, Domb said, "a Philadelphia real estate icon in the eyes of our 2,000 members, but also in the Philadelphia community which he served. " Mr. Domb, head of the Philadelphia firm Allan Domb Real Estate, said Mr. Plumer "mentored hundreds of Realtors who went on to become successful in their real estate careers.
NEWS
November 17, 2014
ZEN LEN likes feng shui, but doesn't like to be categorized. As an artist, Leonard Bazemore works in wood and clay - and watercolor, oil and acrylic, too. Before his ascent into art, he built his bankroll as a real estate agent - and real estate remains a key in his strategy for success in the art world. It seems contradictory. Commerce and art are usually mutually exclusive, but not for Zen Len. When he was about 10, he delivered newspapers and bought himself sneakers.
REAL_ESTATE
November 16, 2014 | By Erin Arvedlund, Inquirer Staff Writer
Lansdowne native Jeffrey Tubbs comes from a hardworking family. His father, David, has worked as a plumbing contractor for more than four decades. But the younger Tubbs preferred the city to the suburbs. He attended high school at Friends Select in Center City, then went to Boston University and on to the University of Pennsylvania for a master's in urban planning. Now 37, he's an active developer, currently working to convert vacant lots on Frankford Avenue into commercial space and condos and doing smaller townhouse projects around the Northeast.
NEWS
October 18, 2014
A real estate broker from West Chester has been charged with wire and mail fraud for cheating investors out of more than $2 million in a real estate ponzi scheme, according to the U.S. Attorney's Office. Marie Mikesche Bontigao, 43, persuaded people to invest in her real estate projects and then used the money to pay personal expenses and operate her business between 2007 and 2013, according to court records. She has franchise locations of EXIT Realty in Philadelphia, New Jersey and Delaware.
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