Pennsylvania Restrictions Ruled Unconstitutional
A federal judge on Monday ruled that some of Pennsylvania Gov. Tom Wolf’s restrictions implemented... Continue reading→
Retail Chain Century 21 Files for Bankruptcy
Century 21 has 13 stores mostly in New York City and the surrounding metropolitan area.... Continue reading→
Jefferson to Build $762M Specialty Care Pavilion
Thomas Jefferson University and Jefferson Health unveiled plans Thursday to build a $762 million, 19-floor... Continue reading→
Mall Owners Simon and Brookfield to acquire J.C. Penney
J.C. Penney has reached a tentative deal to sell its business and stores to a... Continue reading→
PREIT drops plan for sale-leaseback of Moorestown Mall
The financially ailing owner of Moorestown Mall has terminated a plan to raise funds through... Continue reading→
New York’s Durst Selected to Develop Penn’s Landing
The Durst Organization of New York has been selected to redevelop Penn’s Landing, likely ending... Continue reading→
76ers to Decide on Penn’s Landing Facility
The nonprofit overseer of development along central Philadelphia’s Delaware River waterfront could decide as soon... Continue reading→
PA Restaurants Can Expand to 50% Occupancy On 9-21
Pennsylvania restaurants will soon be able to double their indoor occupancy to 50% capacity, Governor... Continue reading→
Unemployment Rate Falls to 8.4%
Nonfarm payrolls increased by 1.37 million in August and the unemployment rate tumbled to 8.4%... Continue reading→
Wolf Calls for Cannabis Legalization in PA
Governor Tom Wolf and Lt. Governor John Fetterman called on the legislature to take up... Continue reading→
NJ To Allow Indoor Dining for Labor Day Weekend
New Jersey restaurants will be allowed to resume indoor dining starting Friday, Governor Phil Murphy... Continue reading→
PA to Auction Casino Mini-License Again
Pennsylvania’s auction last year for a license to operate a new “mini-casino” attracted zero bidders... Continue reading→
N.J. Restaurants to Resume Indoor Dining
New Jersey bars and restaurants will be allowed to reopen their indoor dining sections with... Continue reading→
Center City Building Eyed for Sports Betting
Six local businessmen are zeroing in on 24,000 square feet in Center City for what... Continue reading→
Lord & Taylor Closing After 194 Years
Lord & Taylor, the first department store established in the United States, is officially going... Continue reading→
NJ Indoor Dining May Reopen Mid-September
With the state’s gyms allowed to reopen with restrictions next Tuesday, Gov. Phil Murphy said... Continue reading→
Lidl Adding More Stores in New Jersey
German discount grocer Lidl announced plans to open 10 more spots across New Jersey by... Continue reading→
How COVID-19 Can Impact Your Insurance Policies
Let’s look at how COVID-19 can impact your insurance policies. The new coronavirus (COVID-19) outbreak... Continue reading→
NJ to Reopen Gyms on September 1st
Governor Phil Murphy plans to announce New Jersey gyms may soon be allowed to reopen... Continue reading→
Chase Bank Continues Expansion Into South Jersey
Chase Bank has opened its fifth South Jersey office here, marking the halfway point for... Continue reading→
Retail Rent Collections Increase: But Still Off Almost 20%
Retail rent collections have continued to pick up, even as the coronavirus pandemic continues unabated... Continue reading→
NJ Unemployment Lowest Since Start of Pandemic
New Jersey’s jobless rate hit its lowest point since the start of the COVID-19 pandemic... Continue reading→
Cost Segregation Can Increase Cash Flow for Commercial Properties
Let’s look at how cost segregation can increase cash flow for commercial properties. Have you... Continue reading→
Philadelphia to Reopen Indoor Dining
Philadelphia will allow indoor dining at restaurants beginning Sept. 8, ending a nearly six-month ban... Continue reading→
WCRE Foundation 3rd Annual Celebrity Charity Golf Tournament
When? September 17th 2020 Registration Begins @ 12:00 pm Shotgun Start: 1:00 pm Costs? Golf,... Continue reading→
Retail Sales Slower Because of Autos
Retail sales rose 1.2% for the month, against the expected increase of 2.3% from economists... Continue reading→
Americans Filing for Unemployment falls Below 1M
The number of laid-off Americans applying for unemployment benefits fell below 1 million last week for the first... Continue reading→
FAQs of the PPP
Last week we received the release from the SBA a set of Frequently Asked Questions... Continue reading→
Shuttered Charter School School Sold to Private Equity Firm
Leaders of a closed Philadelphia charter school have sold its building at Seventh and Sansom... Continue reading→
Trump Signs Relief Order After Congress Fails to Act
President Donald Trump on Saturday signed a series of executive orders expanding coronavirus economic relief to Americans... Continue reading→
US Jobs Report Shatters Expectations
Two months of record-setting payroll growth slowed in July but was still better than Wall... Continue reading→
Why Wharton Equity Partners is Buying South Jersey Industrial Properties
Why a New York real estate investor is betting big on South Jersey’s industrial market.... Continue reading→
7-Eleven to Pay $21B for 3,800 Speedway Gas Stations
Seven & i Holdings Co., the world’s largest convenience store retailer and parent of 7-Eleven... Continue reading→
Merchantville Church Buys former Danzeisen & Quigley Store
The former Danzeizen & Quigley store, a landmark building that’s been vacant since last year,... Continue reading→
Five Charts Illustrating Current U.S. Economic Trends
States are taking differing approaches to reopening and closing during the pandemic, and the economy... Continue reading→
Philly Schools to Return Virtually in Fall
The Philadelphia School Board has voted to begin the school year online. The Board announced... Continue reading→
Fed to Hold Rates Steady Based on Economic Data
The Federal Reserve held interest rates steady in a decision announced Wednesday that came along... Continue reading→
Property Management with Safety in Mind
Let’s look at safety as it relates to property management. As a property manager, you... Continue reading→
Murphy Announces a New Relief Program for Small Businesses
Governor Murphy announced a new relief program for small businesses impacted by the COVID-19 pandemic.... Continue reading→
Senate and White House Agree on $1 Trillion Aid Bill
Senate Republicans announced Wednesday evening that they have “reached a fundamental agreement” with White House... Continue reading→
