What We're Reading: 4/19/2018

 

Here's what we're reading this week about the projects, people and policies driving local development:

 

 

Yahoo Finance: Prominent Developer Carl Dranoff Sells Six Philadelphia Area Apartment Communities to Aimco

4/16/18

Dranoff Properties will be selling its Philadelphia area rental properties to AIMCO for $455 million, including his latest project, under construction in Ardmore.

 

Philadelphia Inquirer: Mayor Kenney backs study of merger of Philly's two marketing agencies

4/13/18, Holly Otterbein
With the Executive Director of Visit Philadelphia set to retire this year, the City is undertaking a study to examine merging the City’s two publicly funded tourism agencies.

 

NextCity: Philadelphia City Council Seeking Sweet Spot for Equitable Development Policy

4/12/18, Jared Brey

Jared Brey analyzes the proposed construction privilege tax as a response to calls for an equitable development strategy.

 

NextCity: What 80 Million Eviction Records Can Tell City Leaders

4/9/18, Rachel Dovey

The author of “Evicted”, Michael Desmond has established a national database to track eviction details.  Initial research shows the highest rates of eviction in the Southeast US, and increasingly in the Midwest.

 

Philadelphia Citizen: Did Council just get housing right?

4/17/18, Jon Geeting

A proponent of greater density as the path to more affordable housing weighs in on the proposed affordable housing bills.

 

Philadelphia Inquirer: United Way building on Ben Franklin Parkway sold for $10.9 million to Pearl Properties

4/17/18, Jacob Adelman

The iconic United Way building on the Parkway was sold to Pearl Properties.

 

PlanPhilly: Planning officials put proposed community outreach rules on hold

4/18/18, Jake Blumgart

The Planning Commission voted a “hold” on Councilwoman Bass’ proposed bill to increase notification process for projects going before RCO meetings.

 

City&State PA: Amid shrinking prison population, Philly to close oldest jail by 2020

4/18/18, Max Marin

The Mayor made a surprise announcement that the 91 year old House of Corrections would be closed by 2020, based on falling prison population.

 

PlanPhilly: Is Philly better off with safer streets or faster moving traffic? At City Hall, it depends on who you ask

4/18/18, Jim Saksa

Streets Department and City Council members clashed over dueling priorities in budget hearings this week.

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