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.
April 14, 2011 |
The developer of the Victor Lofts apartment building on the Camden waterfront has put off repayment of a $3 million loan to the Delaware River Port Authority because he's short on cash. The agency lent $3 million to Victor Associates in 2003, interest-free until 2009. The money was part of a $52 million financing package assembled by developer Carl E. Dranoff to convert the historic RCA Victor "Nipper Building" into 341 upscale apartments overlooking the Delaware River and the Philadelphia skyline.
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.
June 9, 2013 |
I STOPPED by the super swank Symphony House residences yesterday to have a chat with Richard Basciano about his killer building. "Is he expecting you?" the cranky concierge asked. Well, I didn't know if the owner of the crumbling building that flattened a neighboring Salvation Army thrift store was expecting me . But he should've been expecting someone - like officials from the city seeking answers about his choice of a discount demolition crew, for starters. Basciano's company paid some insta-demolition crew $10,000 for a job demo experts said should have cost closer to $250,000.
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.
March 29, 2013
Here are some of architecture critic Inga Saffron's blog posts from the last week. You can see others at www.philly.com/philly/blogs/changing-skyline . Workplace squatters at Glaxo I went down to the Philadelphia Navy Yard yesterday [March 21] to take a look at the architecture of the new GlaxoSmithKline building, but what really caught my eye were the desks, er, workspaces. Glaxo's new offices are organized around the concept of hoteling, where employees aren't assigned their own desk or cubicle.
February 18, 2014
A big, flashing 'no' Although I don't live near or represent in the state Senate the area where the Franklin Institute wants to erect a digital sign, as a long-time visitor I have enjoyed the vistas of extraordinary architectural designs along the city's most famous throughway. Be it the museums, hotels, fountains, Free Library, or Family Court, this area provides a breathtaking gateway to the city. And it should be preserved. Certainly, there is nothing a digital sign would add to this historic and spectacular perspective.
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 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.