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Silverstein Properties, a New York-headquartered real estate development, investment and management company, has welcomed Goldman Sachs real estate executive Dino Fusco to the company as chief operating officer to help grow the firm's global footprint.
The median sale price for a single-family home rose 6.9% from $379,900 in January 2019 to $406,000 in January 2020. The median price for a condominium in the Commonwealth spiked 10.4% from $366,250 in January 2019 to $404,500 in January 2020.
A total of more than a dozen tenants will open in the next six months at its Woodland Mall, Willow Grove Park, Plymouth Meeting and Valley Mall properties.
As part of phase 1, the University of Illinois System's Discovery Partners Institute has signed a letter of intent to build a new innovation center at The 78, on land donated by Related Midwest.
SJP's plans for 200 Wood Ave. include all-new finishes, building systems and an amenity package with a state-of-the-art fitness center, improved conferencing facilities and dining center and collaborative indoor and outdoor areas.
The American College of Radiology is scheduled to relocate operations this month from its offices at 1818 Market St. to the 28th floor of the 57-story Center City property.
The firm, which provides care and support to older adults and people with disabilities in their homes and community-based settings, has signed a long-term lease for 76,313 square feet of space at the landmark Sullivan Center at 1 S. State St.
The improved ranking, while praised by local officials, does not change the Trump administration's stance on the stalled $11-billion Gateway Tunnel program, however.