Five redevelopment projects in Berks, Lancaster and York counties will split nearly $700,000 made available by the state as part a bigger $3 million allocation of historic preservation tax credits.Read More »
Is there a market for new apartments in old Allentown building with rents as high as $2,200 per month?
Brothers Al and Alex Ruozzi recently renovated the historic Klein building at Front and Hamilton streets in Allentown into an auto restoration shop with upscale apartments on the upper floors. The apartments — which run from 1,300 to 1,800 square feet — originally were listed at $2,200 to $3,000 a month. While still expensive, they're priced to move in the Lehigh Valley's exploding real restate market, local Realtors say.Read More »
The owner of the Reading Fairgrounds Square Mall in Muhlenberg Township has announced redevelopment plans for the property that will include demolishing about 80 percent of the existing mall.Read More »
A Berks County farm will be expanding its operations thanks to a $400,000 economic development loan from the Pennsylvania Development Authority.Read More »
Adel Mikhael is vice president and market manager of Provident Bank in Easton, where he is responsible for developing new business in the Lehigh Valley/western New Jersey market, working with businesses to meet their financial goals.Read More »
Even during favorable economic conditions, certain companies will falter. While some of these companies may prove beyond repair, others can be turned around under proper leadership. But there is a process that needs to be followed for companies interested in purchasing these distressed companies, as outlined below.Read More »