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Real Estate

NEWS
January 11, 1994 | By Wendy Beech, INQUIRER CORRESPONDENT
Tito J. Macchia, 96, a former real estate broker and entrepreneur whose dredging company developed more than a thousand parcels of land in Avalon, died Saturday at Burdette Tomlin Memorial Hospital in Cape May Court House. As owner and president of Avalon Dredge Co., Mr. Macchia constructed townhouses, commercial buildings and single-family homes, including Avalon Lagoon, a premier housing development in the borough. "He practically built Avalon because when we came here there was nothing here," said Antionetta Macchia, his wife of 70 years.
NEWS
July 20, 2004 | By Sally A. Downey INQUIRER STAFF WRITER
William J. Pastuszek, 78, of Swarthmore, a real estate developer who had two streets in Delaware County named for him, died of complications from internal bleeding Wednesday at the Hospital of the University of Pennsylvania. Mr. Pastuszek built and rehabbed numerous properties throughout Delaware County. In his honor, Lower Chichester Township renamed Ormond Street, which he developed for small businesses, Pastuszek Boulevard. In Chester Township, West 10th Street was renamed Pastuszek Court.
BUSINESS
January 29, 1998 | by Earni Young, Daily News Staff Writer
The weather outside may have been frightful yesterday, but the atmosphere inside a darkened Center City hotel ballroom was definitely sunny, with more of the same predicted for this year. Analysts for Jackson-Cross Oncor International, a Philadelphia-based real estate services firm, said 1997 was an "amazing" year for the local real estate market and 1998 will be just as good. Improvements in the real estate market were across the board, Jackson-Cross officials told those attending its annual real estate forecast.
NEWS
November 13, 2002 | By Anthony S. Twyman INQUIRER STAFF WRITER
A total of 9,299 residential property owners have filed real estate tax appeals, challenging recent reassessments by the city's Board of Revision of Taxes that, in some cases, tripled their tax bills. Homeowners in Center City, South Philadelphia and the Northeast filed the greatest numbers of real estate tax appeals. The total exceeded city projections of between 7,500 and 8,000, said David Glancey, head of the seven-member Board of Revision of Taxes. Hearings on the appeals will begin Dec. 3 and continue for "as long as it takes," Glancey said.
NEWS
January 24, 2000 | By Leonard N. Fleming, INQUIRER STAFF WRITER
B. Kenin Hart, 60, president and founder of the Hart Corp. brokerage firm and a resident of Huntingdon Valley, died Tuesday in a plane crash in Kentucky. Mr. Hart and three others were on their way to tour a factory site when the Beechcraft King Air C-90 crashed about noon as the pilot tried to land at an airport in Somerset, Ky. Mr. Hart began his real estate career at age 18 when he began selling manufacturing facilities for a Philadelphia brokerage firm. At 23, he founded the brokerage firm, a business that now specializes in buying, leasing and selling industrial properties of more than 40,000 square feet.
NEWS
November 17, 1991 | By Vyola P. Willson, Special to The Inquirer
Handshake agreements and contracts made decades ago with parents worried about what would become of their handicapped children have pushed the Devereux Foundation deeper into the real estate business. Devereux has acquired $30 million worth of commercial property and is developing a 32-acre office park near Exton scheduled to open in December. Its real estate arm, Devereux Properties, helps pay for 85 clients with emotional and developmental disorders who have lifetime care contracts made when costs were a fraction of current rates.
NEWS
July 27, 2000 | By Mary Blakinger, INQUIRER SUBURBAN STAFF
Aaron A. Robinson, 89, of Bala Cynwyd, a retired commercial real estate broker who used his talents to support charity programs, died Monday at his home. He had been in declining health for a year, said his wife of 30 years, Shirley Whitney FeiermanRobinson. A highlight of Mr. Robinson's career came in the early 1970s, when he brokered a $40 million transaction in Philadelphia involving 75 acres of land along City Avenue west of the Schuylkill Expressway. An Inquirer article at the time described it as the largest real estate transaction in the city's history, noting that Mr. Robinson was the only real estate broker involved at settlement amid a score of lawyers, bankers and title-company representatives.
NEWS
March 22, 1990 | By Suzanne Gordon, Inquirer Staff Writer
On a table by her desk sits a book called Outhouses of the East, the first hint that Flora Rubin is not a typical executive. She laughs while she talks, gestures freely, and chats casually with her employees as they pass her door on their way to showings. Rubin is one of a new breed of owners of real estate companies - women - and one from a number that is growing nationally as well as on the Main Line. In May she bought out her partner - a man - and now is owner of the Leader Co., a real estate firm she and her partner started in 1981 in Bala Cynwyd.
NEWS
January 11, 1997 | By Herb Drill, INQUIRER CORRESPONDENT
Terence P. Collins, 53, of Holland, owner of a real-estate brokerage who helped develop a business-leaders program for Catholic schools, died Wednesday of complications from cancer at St. Mary Medical Center in Middletown Township, Bucks County. Since 1988, he had operated T.P. Collins Co., an industrial and commercial real estate firm in Langhorne. Mr. Collins was born in Philadelphia and graduated from St. Joseph's Preparatory High School in 1961 and from La Salle College in 1966.
NEWS
October 11, 1986 | By David Iams, Inquirer Staff Writer
In a series of real estate sales by Louis Traiman & Co. - both past and future - indicate that buying and selling property at auction is increasing in popularity and sharing the stimulus created by the recently enacted federal income tax revisions. The Traiman sales, of a Main Line estate next Saturday and a 49-unit apartment complex in Upper Darby Township on Oct. 30, are among several area auctions this month that will offer bidders the opportunity to obtain everything from majolica pottery to Marx toys.
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