March 21, 2013 |
Osage Partners of Philadelphia, Greycroft Partners of Los Angeles, and MissionOG of Devon, say they have invested $3.2 million in Center City-based PeopleLinx , a firm that helps companies give their workers' LinkedIn accounts a standard corporate look and uses LinkedIn data to boost sales. PeopleLinx, which counts FMC Corp. , Firstrust Bank and Prudential among its clients, was set up by LinkedIn veterans Nathan Egan and Patrick Baynes . It will use the new cash to add to its staff of 13 full-time employees and about 25 contractors, says Egan, a Cornell grad and onetime specialty chemical salesman.
February 20, 2008 |
Snow began falling as afternoon slid into evening. With the lights of Center City twinkling around and below her, Jane Miles stood by the vast expanse of windows that line one side of her new 27th-floor condominium in Symphony House, watching. "The snowflakes look so big up here," she said, more than a little awe in her voice. "With all the cars whizzing by in the streets below, it's like being in another world. " A world high above Philadelphia that, even a few years ago, Miles and her husband would have been very exclusive residents of. But as condo towers grow more commonplace in the city, taller, well-heeled buyers are choosing to feather their nests in the clouds - or as close as several hundred feet above street level can get them.
June 14, 2008 |
Developer Carl E. Dranoff speaks in fluent metaphor. There are the "pearls" . . . that would be the Symphony House condominiums his company built at Broad and Pine Streets and the $70 million "green" apartment project Dranoff Properties is building at Broad and Fitzwater Streets. Groundbreaking on 777 South Broad Street, a 146-unit luxury building with retail on the ground floor, is set for Thursday. Dranoff has his eyes on other pearly parcels along the string of South Broad Street known as the Avenue of the Arts.
September 25, 2012 |
Developer Carl Dranoff came late to bicycling. Growing up in Philadelphia's Oxford Circle, no one rode bikes, he says. They walked to school and afterward hit the basketball courts for exercise. Dranoff didn't get on a bicycle until it became a matter of pride: His young daughter was learning to ride a two-wheeler. Why couldn't daddy? He was 35 at the time. Now 63, Dranoff still isn't exactly steady on a bicycle, even when he's pedaling one of the porker-class Dutch models that belong to his company's new bike-sharing program.
March 19, 2011 |
The Borders Group said Friday it would close its 26,000-square-foot store at the corner of Broad and Chestnut Streets - a prime piece of Center City real estate - in May as the Ann Arbor, Mich., bookstore chain struggles with Chapter 11 reorganization. The store is one of 225 nationwide that Borders will close. Outlets in North Wales, King of Prussia, and Langhorne also will be shuttered, the company said. The first wave of closures was announced Feb. 17. Borders spokeswoman Rosalind Thompson said Friday that Borders had been given some time to "work with landlords on obtaining concessions on rent," but the company had been unsuccessful in doing so for the Center City store.
October 30, 2008 |
The owner and developer of a half-acre site in Center City plans to build a $420 million Waldorf-Astoria Hotel & Residences complex there. Think Four Seasons meets the Residences at Two Liberty, said Timothy J. Mahoney III, president and chief executive officer of Mariner Commercial Properties Inc., of Ardmore, which will codevelop the site at 1441 Chestnut St. with Gatehouse Capital Corp., a national real estate investment and development firm based in Dallas. Mahoney is banking on the continuation of well-to-do empty nesters abandoning big homes in the suburbs for high-end apartments in the city.
July 27, 2013 |
Ever since Philadelphia began taking its waterfronts seriously a decade ago, it has dreamed of shores lined with lithe, elegant, Vancouver-style towers. Master plans were assembled, new recreation paths were laid, parks were created. Yet only a few high-rises have materialized, none of them the least bit thin or urbane. That may be about to change. Developer Carl Dranoff is planning a 21-story apartment building on the Schuylkill that has the potential to raise the bar for all waterfront design in Philadelphia.
February 15, 2014
Campfire passions Many think of the soldiers at the 1777-78 Valley Forge encampment as being miserable, hungry men wearing ragged clothing and huddled around meager campfires. But many soldiers burned with passion for their country - and for their wives. As 21-year-old Maj. Samuel Ward Jr. of Rhode Island, a newlywed, wrote to his wife Phebe from camp, "The frequent opportunities that offer of conversing with you and the expectation of soon holding you again in my arms makes me very happy.
February 27, 2011 |
Blue skies and a high of 62 degrees on Feb. 14 were hardly what one would have expected this winter, but they were definitely a treat for Marianne Harris. As director of sales, leasing, and marketing for Dranoff Properties, Harris and her boss, Carl Dranoff, had chosen that day for "the first annual Valentine's Day Progressive Luncheon," to show the developer's buildings in Center City and University City. "I can't believe how lucky we were," she said at the front door of 777 South Broad, Dranoff's newest luxury rental building, which opened March 25. Inside, real estate agents and brokers, many from Main Line offices, dined on bow-tie and tortellini pasta prepared to order, then toured the models, common areas, and fitness and storage facilities.