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NEWS
March 23, 2016 | By Jacob Adelman, STAFF WRITER
Brickstone Cos. plans a restaurant, shopping and four floors of offices in a pair of buildings it's redeveloping on the 1100 block of Chestnut Street beside its big mixed-use project where a Target Corp. store is to open. The 20,080-square-foot Swartz Building development will incorporate a former furniture business at 1108 Chestnut St. that was most recently home to Armand's Record's. It will accommodate offices with ground-floor retail, Brickstone managing partner John Connors said.
NEWS
March 22, 2016 | By Allison Steele, Staff Writer
The developers remaking the Camden waterfront envision an urban center with gleaming offices, brand-new sidewalks and expanses of green space where people can enjoy lunch breaks alongside dog-walkers and joggers by the river. The plans include a new ferry stop, shuttle to the city's downtown and space for a hotel, homes, shops and restaurants - businesses that John Gattuso, senior vice president of the developer, Liberty Property Trust, said will create a new daytime workforce as well as jobs for city residents.
SPORTS
March 20, 2016 | By Matt Breen, STAFF WRITER
CLEARWATER, Fla. - This is the time of spring, general manager Matt Klentak said, when teams around baseball begin to communicate with one another about which players will be making their clubs and those who will be cut. The Phillies, who have a significant need in the outfield, will be listening closely. The Phillies hold the first priority in baseball's waiver order. They will have the first option to claim any player who is waived from a roster as teams begin to trim toward the 25-man limit.
BUSINESS
March 17, 2016 | By Jack Tomczuk, Staff Writer
Customers crowded Ott's Camera shop on Castor Avenue for the final time last weekend, drawn by the 50 percent off sign in the front window. Some were longtime customers, some were photographers looking for a deal. And others wandered in, combing through the frames, greeting cards, and DVDs that remained. "It's a giant job, cleaning a place up after 68 years," said owner Bob Ott, 69. Ott's, known in Northeast Philadelphia for its retro storefront and large neon sign, is closing, following a trend of many older businesses shutting down on Castor Avenue in Oxford Circle, Castor Gardens and Rhawnhurst.
NEWS
March 17, 2016 | By Sam Wood, STAFF WRITER
Shoppers once chose supermarkets for convenience, cost, customer service and quick checkouts. But a recent study found 83 percent of consumers pick only retail outlets that look clean to them, according to supermarket guru Phil Lempert . A full third of the people he surveyed have turned around and fled stores that seemed less than pristine. So just how clean is your favorite supermarket chain? The Inquirer, as part of its Clean Plates project , examined two years of health department reports for large grocers in Philadelphia and Bucks County.
NEWS
March 14, 2016 | By Mike Newall, Columnist
Cristian Cocuzza was working the counter of his family's Powelton Village pizza shop last Sunday when a college-age customer stormed in holding his phone like it was toxic. Cristian did not need to ask him what was on the screen. He knew exactly what it was. It was the story. The horrible story that so many mistakenly thought had something to do with his family's business. "It no us!" Cristian told the customer, something he feels like he has said a thousand times this past week.
SPORTS
March 11, 2016 | By Jeff McLane, Staff Writer
The NFL is a lot like the postapocalyptic world of the Mad Max films, which would make the games road warrior races to a bloody conclusion and the business of running a franchise a Thunderdome-like death match. There aren't do-overs. Well, unless you're Howie Roseman. Restored to power after a year locked in the NovaCare equipment room, Roseman is making the most of his second chance. No other NFL team has been as active as the Eagles this offseason, and on the first day of free agency, Roseman signed players as if his life depended upon it. His future as the Eagles' de facto general manager certainly hinges on this season, and nearly every move Roseman has made since January has been in the vein of win-now.
BUSINESS
March 11, 2016 | By Jacob Adelman, STAFF WRITER
Capital One Financial Corp. is taking over the ground floor of the former Latham Hotel at 17th and Walnut Streets with an enlarged version of the bank branch/coffee shop hybrid it already operates across the street. The bank expects to open the new space, covering about 7,500 square feet including a 2,000-square-foot mezzanine, in January, according to Metro Commercial Real Estate senior vice president Michael Gorman, who helped broker the lease. Capital One, which is working on a similar jumbo-sized banking cafe near New York's Union Square, will close its existing 1,950-square-foot location across Walnut Street, Gorman said Wednesday.
NEWS
March 11, 2016 | By Dana DiFilippo, Staff Writer
A reputed mob associate, in prison for trying to have his daughter's boyfriend killed, has been slapped with new charges, as have his son and a former city employee in an insurance fraud scheme that netted them $400,000 from the city's Office of Fleet Management. Officials said Ron Galati Sr., 65, and Ron Galati Jr., 38, who operated an auto-body repair shop in South Philadelphia, colluded with Robert Otterson, 50, a Fleet Management team leader, to carry out the fraud. They are charged with three counts each of theft, one count each of conspiracy, and 178 counts each of tampering with public records.
NEWS
March 9, 2016 | By Jacob Adelman, STAFF WRITER
MCB Real Estate LLC of Baltimore has acquired Upper Darby's ShopRite-anchored Drexeline Shopping Center on State Road near Route 1, according James Galbally, a managing director at real estate services firm JLL in Philadelphia. MCB completed its purchase of the 65-year-old 265,825-square-foot shopping center from the family of the property's original developer on March 2, Galbally said in an e-mail. Galbally did not disclose the purchase price, but characterized it as the Philadelphia market's largest retail property sale so far this year.
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