Center City
-
Wall Street Journal: Comcast to Spin Off NBCUniversal Cable Channels Into New Company in $7B Venture
Comcast has officially announced plans to move forward on a venture to spin off its NBCUniversal cable TV networks into a new standalone company, writes Amol Sharma for The Wall Street Journal. After first revealing last month that the media conglomerate was contemplating the idea, Comcast decided that it will be better off doing it.…
-
Washington Post Ranks Philadelphia Museum of Art Top 5 Museum in America
The best museums embody its cities’ ambitions and fulfill the ideal that anyone can walk in for a moment of rest and leave with a buzzing brain or stirred soul, write Philip Kennicott and Sebastian Smee for The Washington Post. The publication has ranked the top 20 museums in America, and the Philadelphia Museum of…
-
New York Real Estate Firm Acquires Majority Debt on Historic Wanamaker Building
New York-based TF Cornerstone has acquired a majority of the debt on the historic Wanamaker Building and is now moving to seize the property from Rubenstein Partners via foreclosure, writes Paul Schwedelson for the Philadelphia Business Journal. The real estate firm’s acquisition of the loan has shifted the dynamics of the building’s ongoing foreclosure case.…
-
Mayor Cherelle Parker Outlines Array of Transformative Development Plans Around East Market Arena
After putting her full support behind the Philadelphia 76ers’ proposed arena on East Market Street, Mayor Cherelle Parker also revealed a number of further real estate development plans for the struggling shopping corridor, write Jake Blumgart and Ryan W. Briggs for The Philadelphia Inquirer. One plan is the proposal for a further 720 units of…
-
Center City Restaurants, Retailers Are Booming Thanks to Rise of Downtown Residential Population
The rise of Center City shoppers shifting from office workers to downtown residents has led to a boom in restaurant and retail businesses, writes Jake Blumgart for The Philadelphia Inquirer. This is being shown by new research from commercial real estate services firm, CBRE. The study showed that Walnut and Chestnut Streets used to draw…
-
Two Philadelphia Hotels on Michelin Guide’s First Full List of Top Places to Stay in Country
Two Philadelphia hotels made the Michelin Guide’s first full list of top accommodations nationwide and were awarded a “Key Hotel” designation in its new hotel rating system, write Eva Andersen and Casey Kuhn for CBS News Philadelphia. Michelin introduced a new system where the best hotels are awarded one, two, or three keys. The rating…
-
Franklin Institute Opening Two Exhibits As Part of $20.5M Investment, 200-Year Anniversary Celebrations
This fall, the Franklin Institute will be opening two new permanent exhibits, featuring two of its most popular artifacts as part of a recent $20.5 million investment, writes Emma Dooling for the Philadelphia Business Journal. On November 23, the cultural institution will open its $12 million Hamilton Collections Gallery, which houses its 350-ton Baldwin locomotive.…
-
Five Iron Golf to Open Third Philadelphia Location in 2025
Five Iron Golf, which already has two locations in Philadelphia is soon opening its third, writes Emma Dooling for the Philadelphia Business Journal. Known for providing guests with an urban indoor golf experience, the third Philly location will be constructed on the ground floor of the Three Logan Square office tower and open early next…
-
African American Museum in Philadelphia to Present New Exhibition from Award-Winning Actress, CCH Pounder
The African American Museum in Philadelphia will soon present a new exhibition titled, “Shared Vision: Portraits from The CCH Pounder-Koné Collection.” The exhibition, which will make its debut on Saturday, September 14, will feature paintings from the personal collection of award-winning actress, CCH Pounder, which contains over 500 works of art from which the pieces…
-
Center City Office Buildings Keep Selling at Steep Discounts
Five Center City office buildings that changed hands in the last two months have sold for a combined total of $151 million less than their assessed value, writes Paul Schwedelson for the Philadelphia Business Journal. Each of the buildings sold at a steep discount, bringing into focus the current value of lower-quality office buildings with…
-
African American Museum in Philadelphia to Host Event Celebrating History of Black Music in Philly
The African American Museum in Philadelphia is hosting an event celebrating the rich history of “The Philadelphia Sound” on Thursday, August 1. The official name of the event is “AAMPlifying Black Philly Music: Unveiling the Philadelphia Sound.” The interactive program will explore Philadelphia music history spanning from the 1800s to the present-day with a focus…
-
The Mann’s Historic Partnership with The Philadelphia Orchestra to Be on Full Display July 24-27
When The Philadelphia Orchestra returns to the Mann Center for the Performing Arts for the second week of its summer residency in Fairmount Park, it will celebrate 100 years of legendary composer George Gershwin’s “Rhapsody in Blue.” The performance on Wednesday, July 24, will also feature American jazz artists, the Marcus Roberts Trio – and…
-
Philadelphia’s Ben Franklin Parkway Was Inspired By an Avenue in Paris
The Ben Franklin Parkway is one of Philadelphia’s most recognizable places, and it got its inspiration from an avenue 4,000 miles away in France, write Jacqueline London and Kaleah Mcilwain for NBC 10 Philadelphia. The boulevard is called Champs-Élysées. While the inspiration was clear, it took decades to come to fruition. During the 1890s, Philadelphians…
-
Free Library of Philadelphia Could Open All Locations 6 Days a Week Starting This Fall
The Free Library has aimed to open all 55 of its Philadelphia area branches six days a week for years, and that soon come to fruition, writes Jacob Brown for WHYY. The Free Library system is close to finalizing its goal. Currently, 25 of the Free Library’s 55 branches are open six days a week.…
-
Wanamaker Building Could Be Purchased By New York City Firm After Acquiring Portion of Its Debt
New York real estate firm TF Cornerstone bought a majority of the debt on the Wanamaker building and is now taking part in negotiations to acquire the building, writes Paul Schwedelson for the Philadelphia Business Journal. TF Cornerstone already opens the Macy’s department store space that occupies the first three floors of the nine-floor Center…
-
WSJ: New Philadelphia Museum of Art Exhibition ‘Mary Cassatt at Work’ Revisits Work of the PA-born Impressionist
A new exhibition at the Philadelphia Museum of Art titled, “Mary Cassatt at Work” revisits the domestic paintings and illustrations of the nation’s only Impressionist, writes Judith H. Dobrzynski for The Wall Street Journal. Mary Cassatt is the only American — and one of the few women — who were admitted to the Impressionist circle…
-
Reading Terminal Market Set to Bring Back Annual Ice Cream Festival on July 13
Reading Terminal Market is bringing back its annual Ice Cream Festival on Saturday, July 13, writes Michael Tanenbaum for PhillyVoice. Dozens of vendors will be in attendance at the pay-as-you-go indoor and outdoor event. The confirmed outdoor vendors include: • Bassett’s Ice Cream• Cloud Cups• Dreams Ice Cream• El Merkury• Famous 4th Street Cookie Co.•…
-
BalletX Receives $7.4 Million Gift from Late Penn Professor, French Literature Scholar
BalletX has received the largest gift in the history of its existence in a $7.4 million donation, writes Peter Dobrin for The Philadelphia Inquirer. The donation was left by the late Joan DeJean. The former French literature and culture scholar, author, and longtime professor at the University of Pennsylvania, passed away last away last December…
Founding Partners
Advertisement
Affiliate Partners
