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NEWS
May 17, 2016
THE CHARTER Schools Office is presenting the academic data of the Universal Audenried Charter High School in a vacuum. The work at comprehensive neighborhood high schools is unique, and Audenried can only truly be rated in comparison with the 20 other district-run neighborhood schools and the two other neighborhood renaissance charters up for renewal. Our data place us consistently as one of the top neighborhood schools in the city. Universal Audenried's 2014-15 Literature Keystone scores rank sixth out of 23 neighborhood schools.
NEWS
May 17, 2016
ISSUE | PETER LIACOURAS Temple's redeemer The passing of former Temple University President Peter Liacouras marked the official end of an era ("Former Temple president Peter Liacouras dies," Philly.com, Friday). Liacouras saw his charter in a simple manner - to lead and manage Temple's transition - and this vision became a reality along Broad Street and in North Philadelphia. His years of work benefited Temple, the neighborhood, and the community, and as with Comcast cofounder Ralph Roberts, social activist the Rev. Leon Sullivan, and former Mayor Richardson Dilworth, his sense of uncompromising integrity raised the bar for all Philadelphians.
BUSINESS
May 14, 2016 | By Jacob Adelman, Staff Writer
FMC Corp. plans to move this weekend into its still-under-construction University City headquarters tower, among the most prominent of the recent building projects that are reshaping the city's skyline. The chemicals giant will be the first tenant in the glass tower that will bear its name near 30th Street Station, where it is to occupy 250,000 square feet over nine floors, communications chief Ken Gedaka said in an interview on Thursday. The move was timed to beat the expiration of its lease at its current home, the BNY Mellon Center tower at 1735 Market St., which it had occupied since 1991.
ENTERTAINMENT
May 12, 2016 | By Elizabeth Wellington, Fashion Writer
Philadelphia University student designers always are inspired by the unusually cool. The school's annual spring fashion show, produced for the second year at Moulin at Sherman Mills, featured the sophisticated work of 110 student designers. Their creative muses ranged from artsy Japanese woodworking to an abstract state of regression. The collections rolled out at a quick pace, and the cute pieces included tie-dye jumpsuits, ruffled maxis, lacy bralettes, oversize hoodies and sweatpants, and the requisite Go Red!
BUSINESS
May 12, 2016 | By Alan J. Heavens, REAL ESTATE WRITER
Radnor Property Group of Wayne will break ground Wednesday on Vue32, a mixed-use project on Drexel University land at 3201 Race St. in University City. The $56 million project includes a residential tower, for-sale townhouses, a preschool and a plaza area for community use. The 16-story tower, with 164 rental apartments, including junior one-bedroom, one-bedroom, two-bedroom units and three bedroom units, is expected to be completed in stages from June to August 2017. Radnor Property Group is developing the project under a ground-lease agreement with Drexel at no cost to the university.  Amenities include a fitness center, underground parking for 32 cars, and a rooftop deck with a gas fire pit and grills.
BUSINESS
May 4, 2016 | By Harold Brubaker, STAFF WRITER
Universal Health Services Inc. has agreed to buy out minority interests in its six acute-care hospitals in the Las Vegas area, including one under construction, for $445 million, the King of Prussia company said Monday. Las Vegas is UHS's largest market, accounting for 13 percent of its $9 billion in revenue last year, UHS's annual report said. "This transaction reflects our continued confidence in the performance of our hospitals in the Las Vegas market," Alan B. Miller, UHS's founder and chief executive officer, said in a news release.
NEWS
May 2, 2016
Two New Jersey universities pay their commencement speakers sums much higher than their peers across the region, according to an Inquirer survey. Rutgers University is paying $35,000 to veteran journalist Bill Moyers for speaking at its New Brunswick commencement ceremony May 15. (President Obama, who will be the featured speaker, did not accept the invitation until after Moyers had been announced. He will not be paid.) Kean University's undergraduate and graduate commencement speakers will both be paid $40,000.
NEWS
April 23, 2016
"One fine day, in a fit of euphoria, after he had picked up the telephone and taken an order for zero-coupon bonds that had brought him a $50,000 commission, just like that, this very phrase had bubbled up into his brain. On Wall Street he and a few others -- how many? - three hundred, four hundred, five hundred? - had become precisely that ... Masters of the Universe. " - "Bonfire of the Vanities," Tom Wolfe Donald Trump, a man about town in Manhattan, doubtless fancies himself a Master of the Universe.
NEWS
April 23, 2016 | By Julia Terruso, Staff Writer
The city's Commission on Universal Pre-K issued its final report to the mayor and City Council this week, with recommendations for how to expand pre-K to 3- and 4-year-olds in Philadelphia. Many of the recommendations will likely be adopted in Mayor Kenney's final pre-K plan, given that he appointed several of the commission's members, including his own director of pre-K. The report notes that the majority of the group recommends a sugary-drink tax to bring in the $60 million a year that Kenney says he needs for the program.
BUSINESS
April 21, 2016 | By Jacob Adelman, Staff Writer
Swiss insurer Zurich Insurance Group has acquired the 2.0 University Place office building near 41st and Market Streets for $420 a square foot - among the city's highest purchase prices ever for a commercial property. Zurich paid $41.3 million Tuesday for the five-story building in a deal that also commits the company to completing up to $1.8 million in interior construction work, developer Scott Mazo said. Mazo invested $31 million in the 98,000-square-foot eco-friendly office project at the largely untested western edge of Philadelphia's University City neighborhood.
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