November 7, 2011
Philadelphia FINALLY Reforms Business Privlege Tax Philly Business Journal is reporting that Philadelphia City Council has passed a bill that reforms the business privlege tax in Philadlephia. The business privlege tax has long been viewed as a key factor preventing new businesses from opening in Philadelphia or from already established companies moving thier headquarters to Philadelphia. The following significant changes are aimed at […]
November 7, 2011
Singing Bartenders, Waiters, and Hostesses? You read that correctly. The space that was formerly occupied by Portofino Restaurant at 1227 Walnut Street in the Washington Square West / Midtown Village neighborhood will soon be occupied by the brand new Walnut Street Supper Club. James McManaman and Ralph Berarducci have partnered up to open The Walnut Street Supper Club – a 1940’s style supper club complete […]
November 5, 2011
There was a great editorial by an an unnamed source which noted the efforts the City of Philadelphia has been going to to combat blight in the Philadelphia real estate community. The City of Philadelphia can fine $300 per day for each nonfunctional door or window. State of Pennsylvania law allows the City of Philadelphia the ability to place […]
November 4, 2011
Philadelphia Best City In Country For Culture The November issue of Travel + Leisure featured a poll entitled “America’s Favorite Cities”, which was discussed previously. Philly was highly rated pretty much across the board but ranked first, according to those polled, for overall culture. The culture category includes things like historic landmarks, monuments, museums, galleries, theaters, and muscians/orchestra. I’d be […]
November 4, 2011
It’s Philadelphia Marathon Time Again November 18th – 20th is Philadelphia Marathon weekend in Center City. Runners from all over the world come to Philadelphia’s fast and flat track to run a personal best and tosee some of Philadelphia’s most beautiful and historic landmarks. The course passes by Independence Hall, the Betsy Ross House, the Liberty Bell, the Philadelphia Museum […]
November 3, 2011
Philadelphia Mortgage Lender Sued By Federal Government Allied Mortgage, a national lender with a presence in our marketplace is being sued by the Federal Government. At this time HUD has stopped insuring loans for Allied. Please let your Philadelphia real estate agents know immediately if Allied Mortgage is involved directly or in a domino effect on one of their transactions. […]
November 2, 2011
Orens, Mosaic, and Metamorphosis Team Up at Temple University Philadelphia real estate developers Orens Brothers Real Estate Inc., Mosaic Development Partners LLC, and Metamorphosis Community Development have teamed up and broken ground on a $20 million dollar 96 unit student housing building at Temple University called Diamond Green. The developers provided $7 million worth of private funding and Fox Chase […]
November 2, 2011
The Roots Support Philadelphia Mural Arts On Monday, November 7, 2011 at 10:30am in Headhouse Square, located on 2nd Street between Pine and Lombard Streets, the South Street Headhouse District, Mayor Michael Nutter and Philadelphia music sensation The Roots will host a press conference announcing a new mural arts project involving The Roots. The Roots is an American hip hop/neo […]
November 1, 2011
Robert A.M. Stern has been selected as the architect for Philadelphia’s Museum of the American Revolution. Robert A.M. Stern may sound familiar and that’s because his firm most recently designed 10 Rittenhouse, the Comcast Center, and redeveloped the Navy Yard. Anyone following the history of this museum knows that the process has involved years of lengthy debate and two […]