Jacob AdelmanWhat I DoI cover commercial real estate, economic development, and other financial news topics, with a focus on data and accountability.(215) 854-2615Chester County land trust helped Trump save millions. That’s just one of its deals.NY's attorney general says the deal was part of a "fraudulent" tax break scheme involving Trump properties across the country. Chadds Ford nonprofit says it saved land from development.Jacob Adelman March 10, 2022Link copied to clipboardWawa gas station proposal for Philly’s waterfront has been abandoned, replaced by strip mall planThe developer says he will instead expand the strip mall planned for another portion of the tract.Jacob Adelman Jan. 26, 2022Link copied to clipboardSixers owner invests $10M into Philly’s Mosaic in bid to build firm into Black-owned real estate juggernautJosh Harris’ equity-minded investment in Mosaic comes amid an increasing awareness of participation gaps in the commercial real estate industry.Jacob Adelman Jan. 20, 2022Link copied to clipboardPhilly planning officials expect more big real estate projects in 2022 despite property-tax break’s partial lapseLast year saw a record 90 construction projects go before Philadelphia's Civic Design Review board.Jacob Adelman Jan. 5, 2022Link copied to clipboardWould-be revelers seek to salvage Christmas from pandemic’s tightening graspFamilies are downsizing their Christmas gatherings and making other unhappy adjustments as COVID-19 cases mount.Jacob Adelman Dec. 24, 2021Link copied to clipboardRadnor official says cattle are part of a tax dodge at the former Ardrossan estateRichard Booker’s motion would end Fern Valley Farm's $1-a-year lease for land that the township paid almost $12 million for in 2013.Jacob Adelman Nov. 12, 2021Link copied to clipboardSouth Fla. pols wondered where campaign cash came from. The answer led to a beleaguered N.J. developer.National Real Estate Investment Advisors is under investigation by the FBI and federal and state financial regulators. A curious subplot in the saga around the company is playing out in Delray Beach.Jacob Adelman Oct. 7, 2021Link copied to clipboardCalifornia man touts business empire built of Philly rowhouses bought at sheriff’s sales. Some are skeptical. The nearly 100 rowhouses RAD Diversified REIT owns in Philadelphia are part of a five-state empire of real estate bought through sheriff’s sales and “We Buy Houses” signs.Jacob Adelman March 6, 2022Link copied to clipboardDurst teams with Philly’s The Badger Group on Penn’s Landing redevelopmentBadger’s selection helps Durst fulfill part of the commitment it made when it was awarded the project on city-owned land to work with a diverse group of investors and service providers.Jacob Adelman Jan. 25, 2022Link copied to clipboardLynn Yeakel, unrelenting voice for women’s equality who waged close race for U.S. Senate, dies at 80Yeakel won the Democratic primary — and came close to defeating long-serving U.S. Sen. Arlen Specter — during what some were calling the “Year of the Woman."Jacob Adelman Jan. 16, 2022Link copied to clipboardNew York real estate firm buys Center City senior housing complexHudson Valley Property Group paid $120 million for the 300-unit property known as the American Postal Workers House.Jacob Adelman Dec. 30, 2021Link copied to clipboardRadnor officials defeat measure to cancel ranch lease seen as aiding Ardrossan tax reductionsThe decision leaves in place an agreement that Fern Valley Farm has said was vital to its 10-person operation.Jacob Adelman Nov. 23, 2021Link copied to clipboardBlatstein gets $22M loan at Showboat hotel tower as he awaits funds for proposed next-door waterparkBlatstein has said the Premier Lite building would be completely renovated as part of a plan to build a 103,000-square-foot waterpark with a retractable roof.Jacob Adelman Nov. 5, 2021Link copied to clipboardGSK to downsize from bespoke Navy Yard building to smaller space in FMC TowerThe new smaller offices will provide more flexibility to work from home, the company said.Jacob Adelman Oct. 4, 2021Link copied to clipboardChicago and N.Y. development firms plan new lab-and-office tower in U. City life-science hotbedThe announcement comes amid surging demand from companies seeking lab space to develop and commercialize cell-therapy treatments.Jacob Adelman Feb. 1, 2022Link copied to clipboardPhiladelphia Inquirer plans move to smaller offices on Independence MallThe newspaper will occupy 34,000 square feet on the sixth floor of the building.Jacob Adelman Jan. 24, 2022Link copied to clipboardConstruction starts at South Philly site after Post Bros. takes development lead from longtime landholder BlatsteinWork began last month on the 1,487-unit apartment project that’s set to be done in about two years.Jacob Adelman Jan. 13, 2022Link copied to clipboardRobert Healey, Viking Yachts co-founder, dies at 92The New Jersey shipbuilding executive led a successful campaign against a luxury-boat tax in the 1990s.Jacob Adelman Dec. 27, 2021Link copied to clipboardGlobal online ruse obscures checkered past of key figure at real estate firm with big Philly footprintA complex digital edifice of websites, blogs, and social media profiles has been concocted around businessman Thomas Salzano in an apparent bid to obscure his past.Jacob Adelman Nov. 23, 2021Link copied to clipboardAt pre-Halloween fest, families look forward to main event amid COVID’s shadowAfter the coronavirus pandemic brought most of last year’s Halloween festivities to a screeching halt, the stakes are high this time around.Jacob Adelman Oct. 16, 2021Link copied to clipboardSee more stories
Chester County land trust helped Trump save millions. That’s just one of its deals.NY's attorney general says the deal was part of a "fraudulent" tax break scheme involving Trump properties across the country. Chadds Ford nonprofit says it saved land from development.Jacob Adelman March 10, 2022Link copied to clipboard
Chester County land trust helped Trump save millions. That’s just one of its deals.NY's attorney general says the deal was part of a "fraudulent" tax break scheme involving Trump properties across the country. Chadds Ford nonprofit says it saved land from development.Jacob Adelman March 10, 2022Link copied to clipboard
Wawa gas station proposal for Philly’s waterfront has been abandoned, replaced by strip mall planThe developer says he will instead expand the strip mall planned for another portion of the tract.Jacob Adelman Jan. 26, 2022Link copied to clipboard
Wawa gas station proposal for Philly’s waterfront has been abandoned, replaced by strip mall planThe developer says he will instead expand the strip mall planned for another portion of the tract.Jacob Adelman Jan. 26, 2022Link copied to clipboard
Sixers owner invests $10M into Philly’s Mosaic in bid to build firm into Black-owned real estate juggernautJosh Harris’ equity-minded investment in Mosaic comes amid an increasing awareness of participation gaps in the commercial real estate industry.Jacob Adelman Jan. 20, 2022Link copied to clipboard
Sixers owner invests $10M into Philly’s Mosaic in bid to build firm into Black-owned real estate juggernautJosh Harris’ equity-minded investment in Mosaic comes amid an increasing awareness of participation gaps in the commercial real estate industry.Jacob Adelman Jan. 20, 2022Link copied to clipboard
Philly planning officials expect more big real estate projects in 2022 despite property-tax break’s partial lapseLast year saw a record 90 construction projects go before Philadelphia's Civic Design Review board.Jacob Adelman Jan. 5, 2022Link copied to clipboard
Philly planning officials expect more big real estate projects in 2022 despite property-tax break’s partial lapseLast year saw a record 90 construction projects go before Philadelphia's Civic Design Review board.Jacob Adelman Jan. 5, 2022Link copied to clipboard
Would-be revelers seek to salvage Christmas from pandemic’s tightening graspFamilies are downsizing their Christmas gatherings and making other unhappy adjustments as COVID-19 cases mount.Jacob Adelman Dec. 24, 2021Link copied to clipboard
Would-be revelers seek to salvage Christmas from pandemic’s tightening graspFamilies are downsizing their Christmas gatherings and making other unhappy adjustments as COVID-19 cases mount.Jacob Adelman Dec. 24, 2021Link copied to clipboard
Radnor official says cattle are part of a tax dodge at the former Ardrossan estateRichard Booker’s motion would end Fern Valley Farm's $1-a-year lease for land that the township paid almost $12 million for in 2013.Jacob Adelman Nov. 12, 2021Link copied to clipboard
Radnor official says cattle are part of a tax dodge at the former Ardrossan estateRichard Booker’s motion would end Fern Valley Farm's $1-a-year lease for land that the township paid almost $12 million for in 2013.Jacob Adelman Nov. 12, 2021Link copied to clipboard
South Fla. pols wondered where campaign cash came from. The answer led to a beleaguered N.J. developer.National Real Estate Investment Advisors is under investigation by the FBI and federal and state financial regulators. A curious subplot in the saga around the company is playing out in Delray Beach.Jacob Adelman Oct. 7, 2021Link copied to clipboard
South Fla. pols wondered where campaign cash came from. The answer led to a beleaguered N.J. developer.National Real Estate Investment Advisors is under investigation by the FBI and federal and state financial regulators. A curious subplot in the saga around the company is playing out in Delray Beach.Jacob Adelman Oct. 7, 2021Link copied to clipboard
California man touts business empire built of Philly rowhouses bought at sheriff’s sales. Some are skeptical. The nearly 100 rowhouses RAD Diversified REIT owns in Philadelphia are part of a five-state empire of real estate bought through sheriff’s sales and “We Buy Houses” signs.Jacob Adelman March 6, 2022Link copied to clipboard
California man touts business empire built of Philly rowhouses bought at sheriff’s sales. Some are skeptical. The nearly 100 rowhouses RAD Diversified REIT owns in Philadelphia are part of a five-state empire of real estate bought through sheriff’s sales and “We Buy Houses” signs.Jacob Adelman March 6, 2022Link copied to clipboard
Durst teams with Philly’s The Badger Group on Penn’s Landing redevelopmentBadger’s selection helps Durst fulfill part of the commitment it made when it was awarded the project on city-owned land to work with a diverse group of investors and service providers.Jacob Adelman Jan. 25, 2022Link copied to clipboard
Durst teams with Philly’s The Badger Group on Penn’s Landing redevelopmentBadger’s selection helps Durst fulfill part of the commitment it made when it was awarded the project on city-owned land to work with a diverse group of investors and service providers.Jacob Adelman Jan. 25, 2022Link copied to clipboard
Lynn Yeakel, unrelenting voice for women’s equality who waged close race for U.S. Senate, dies at 80Yeakel won the Democratic primary — and came close to defeating long-serving U.S. Sen. Arlen Specter — during what some were calling the “Year of the Woman."Jacob Adelman Jan. 16, 2022Link copied to clipboard
Lynn Yeakel, unrelenting voice for women’s equality who waged close race for U.S. Senate, dies at 80Yeakel won the Democratic primary — and came close to defeating long-serving U.S. Sen. Arlen Specter — during what some were calling the “Year of the Woman."Jacob Adelman Jan. 16, 2022Link copied to clipboard
New York real estate firm buys Center City senior housing complexHudson Valley Property Group paid $120 million for the 300-unit property known as the American Postal Workers House.Jacob Adelman Dec. 30, 2021Link copied to clipboard
New York real estate firm buys Center City senior housing complexHudson Valley Property Group paid $120 million for the 300-unit property known as the American Postal Workers House.Jacob Adelman Dec. 30, 2021Link copied to clipboard
Radnor officials defeat measure to cancel ranch lease seen as aiding Ardrossan tax reductionsThe decision leaves in place an agreement that Fern Valley Farm has said was vital to its 10-person operation.Jacob Adelman Nov. 23, 2021Link copied to clipboard
Radnor officials defeat measure to cancel ranch lease seen as aiding Ardrossan tax reductionsThe decision leaves in place an agreement that Fern Valley Farm has said was vital to its 10-person operation.Jacob Adelman Nov. 23, 2021Link copied to clipboard
Blatstein gets $22M loan at Showboat hotel tower as he awaits funds for proposed next-door waterparkBlatstein has said the Premier Lite building would be completely renovated as part of a plan to build a 103,000-square-foot waterpark with a retractable roof.Jacob Adelman Nov. 5, 2021Link copied to clipboard
Blatstein gets $22M loan at Showboat hotel tower as he awaits funds for proposed next-door waterparkBlatstein has said the Premier Lite building would be completely renovated as part of a plan to build a 103,000-square-foot waterpark with a retractable roof.Jacob Adelman Nov. 5, 2021Link copied to clipboard
GSK to downsize from bespoke Navy Yard building to smaller space in FMC TowerThe new smaller offices will provide more flexibility to work from home, the company said.Jacob Adelman Oct. 4, 2021Link copied to clipboard
GSK to downsize from bespoke Navy Yard building to smaller space in FMC TowerThe new smaller offices will provide more flexibility to work from home, the company said.Jacob Adelman Oct. 4, 2021Link copied to clipboard
Chicago and N.Y. development firms plan new lab-and-office tower in U. City life-science hotbedThe announcement comes amid surging demand from companies seeking lab space to develop and commercialize cell-therapy treatments.Jacob Adelman Feb. 1, 2022Link copied to clipboard
Chicago and N.Y. development firms plan new lab-and-office tower in U. City life-science hotbedThe announcement comes amid surging demand from companies seeking lab space to develop and commercialize cell-therapy treatments.Jacob Adelman Feb. 1, 2022Link copied to clipboard
Philadelphia Inquirer plans move to smaller offices on Independence MallThe newspaper will occupy 34,000 square feet on the sixth floor of the building.Jacob Adelman Jan. 24, 2022Link copied to clipboard
Philadelphia Inquirer plans move to smaller offices on Independence MallThe newspaper will occupy 34,000 square feet on the sixth floor of the building.Jacob Adelman Jan. 24, 2022Link copied to clipboard
Construction starts at South Philly site after Post Bros. takes development lead from longtime landholder BlatsteinWork began last month on the 1,487-unit apartment project that’s set to be done in about two years.Jacob Adelman Jan. 13, 2022Link copied to clipboard
Construction starts at South Philly site after Post Bros. takes development lead from longtime landholder BlatsteinWork began last month on the 1,487-unit apartment project that’s set to be done in about two years.Jacob Adelman Jan. 13, 2022Link copied to clipboard
Robert Healey, Viking Yachts co-founder, dies at 92The New Jersey shipbuilding executive led a successful campaign against a luxury-boat tax in the 1990s.Jacob Adelman Dec. 27, 2021Link copied to clipboard
Robert Healey, Viking Yachts co-founder, dies at 92The New Jersey shipbuilding executive led a successful campaign against a luxury-boat tax in the 1990s.Jacob Adelman Dec. 27, 2021Link copied to clipboard
Global online ruse obscures checkered past of key figure at real estate firm with big Philly footprintA complex digital edifice of websites, blogs, and social media profiles has been concocted around businessman Thomas Salzano in an apparent bid to obscure his past.Jacob Adelman Nov. 23, 2021Link copied to clipboard
Global online ruse obscures checkered past of key figure at real estate firm with big Philly footprintA complex digital edifice of websites, blogs, and social media profiles has been concocted around businessman Thomas Salzano in an apparent bid to obscure his past.Jacob Adelman Nov. 23, 2021Link copied to clipboard
At pre-Halloween fest, families look forward to main event amid COVID’s shadowAfter the coronavirus pandemic brought most of last year’s Halloween festivities to a screeching halt, the stakes are high this time around.Jacob Adelman Oct. 16, 2021Link copied to clipboard
At pre-Halloween fest, families look forward to main event amid COVID’s shadowAfter the coronavirus pandemic brought most of last year’s Halloween festivities to a screeching halt, the stakes are high this time around.Jacob Adelman Oct. 16, 2021Link copied to clipboard