The building is slated to include 360 apartments, with 10,000 square feet of shops and restaurants and a 116-space parking garage on its ground floor.The Durst Organization, the New York company to redevelop Penn’s Landing, is nearing final land-use approvals for a nearby 26-story apartment building that would be its first Philadelphia project.Durst submitted project plans on Thursday to Philadelphia’s Civic Design Review board, which offers nonbinding suggestions on the city’s biggest development projects.Durst’s project would rise at a longtime parking lot beside the waterfront north of...…The building is slated to include 360 apartments, with 10,000 square feet of shops and restaurants and a 116-space parking garage on its ground floor.The Durst Organization, the New York company to redevelop Penn’s Landing, is nearing final land-use approvals for a nearby 26-story apartment building that would be its first Philadelphia project.Durst submitted project plans on Thursday to Philadelphia’s Civic Design Review board, which offers nonbinding suggestions on the city’s biggest development projects.Durst’s project would rise at a longtime parking lot beside the waterfront north of...WW…

The stop-work order comes days after neighbors gathered to protest the seven-story, 150-unit apartment complex that Lakhmna aims to build at the site.On Wednesday, neighbors shot video of debris falling from an aging factory in Kensington that Gagandeep Lakhmna wants to replace with a hulking apartment block.Hours later, city officials halted the teardown.Acting after neighbors posted the video — which documented some of the demolition — the city’s Licenses & Inspections agency told the workers to stop leveling the 100-year-old hosiery mill building at 2400 E. Huntingdon St.The...…The stop-work order comes days after neighbors gathered to protest the seven-story, 150-unit apartment complex that Lakhmna aims to build at the site.On Wednesday, neighbors shot video of debris falling from an aging factory in Kensington that Gagandeep Lakhmna wants to replace with a hulking apartment block.Hours later, city officials halted the teardown.Acting after neighbors posted the video — which documented some of the demolition — the city’s Licenses & Inspections agency told the workers to stop leveling the 100-year-old hosiery mill building at 2400 E. Huntingdon St.The...WW…

Beyond tenant-landlord disputes, Gagandeep Lakhmna faces neighborhood opposition over a proposal for a seven-story apartment building in one of Philadelphia’s rowhouse neighborhoods.Gagandeep Lakhmna’s real estate company was known to use white stretch limos in the mid-2000s to take potential buyers for tours of his latest Northern Liberties condominium.But the marketing gimmick didn’t sell enough units to stave off foreclosure. By 2009, Creating Real Estate Innovations’ project, at the corners of North American and Brown Streets, was back on the books of its lender. It became one of...…Beyond tenant-landlord disputes, Gagandeep Lakhmna faces neighborhood opposition over a proposal for a seven-story apartment building in one of Philadelphia’s rowhouse neighborhoods.Gagandeep Lakhmna’s real estate company was known to use white stretch limos in the mid-2000s to take potential buyers for tours of his latest Northern Liberties condominium.But the marketing gimmick didn’t sell enough units to stave off foreclosure. By 2009, Creating Real Estate Innovations’ project, at the corners of North American and Brown Streets, was back on the books of its lender. It became one of...WW…

Police arrested 20-year-old Davis L. Josephus in the slaying of Milan Loncar, 25, who was shot Wednesday night.Two weeks before he allegedly killed a man who was out walking his dog in Brewerytown, a suspect in the slaying — who had two previous robbery convictions — was released on dramatically lowered bail in an armed kidnapping and an assault case, court records show.Police said Sunday that they had arrested Davis L. Josephus, 20, in the slaying of 25-year-old Milan Loncar, who was shot Wednesday night while walking his dog about a block from his home.» READ MORE: On Dec. 29, Josephus...…Police arrested 20-year-old Davis L. Josephus in the slaying of Milan Loncar, 25, who was shot Wednesday night.Two weeks before he allegedly killed a man who was out walking his dog in Brewerytown, a suspect in the slaying — who had two previous robbery convictions — was released on dramatically lowered bail in an armed kidnapping and an assault case, court records show.Police said Sunday that they had arrested Davis L. Josephus, 20, in the slaying of 25-year-old Milan Loncar, who was shot Wednesday night while walking his dog about a block from his home.» READ MORE: On Dec. 29, Josephus...WW…

Developer Chris Rahn has put together many lucrative deals in changing Philadelphia neighborhoods. He also has his critics.Philadelphia property mogul Chris Rahn doesn’t have a corporate office, a business phone number, or a company website.What he does have is a long and low-key record of deals throughout the city that’s earned him a quiet reputation as a wizard of real estate — and, more recently, a growing stack of lawsuits with his name on them.In one deal-making tour de force, Rahn pocketed $6.5 million in under a year by clearing a from a West Philadelphia property, then reselling the...…Developer Chris Rahn has put together many lucrative deals in changing Philadelphia neighborhoods. He also has his critics.Philadelphia property mogul Chris Rahn doesn’t have a corporate office, a business phone number, or a company website.What he does have is a long and low-key record of deals throughout the city that’s earned him a quiet reputation as a wizard of real estate — and, more recently, a growing stack of lawsuits with his name on them.In one deal-making tour de force, Rahn pocketed $6.5 million in under a year by clearing a from a West Philadelphia property, then reselling the...WW…

Under the deal, Pennsylvania Real Estate Investment Trust would sell a lower-section of the historic Strawbridge’s building for $3 million to an apparent affiliate of developer Alterra Property Group.A company linked to developer Alterra Property Group is negotiating a deal to buy part of the historic Strawbridge’s department store building, possibly for lease to a grocery store, according to papers filed in by the Center City property’s current owner, Under the deal, Pennsylvania Real Estate Investment Trust, as PREIT is formally known, would sell a lower section of the former department...…Under the deal, Pennsylvania Real Estate Investment Trust would sell a lower-section of the historic Strawbridge’s building for $3 million to an apparent affiliate of developer Alterra Property Group.A company linked to developer Alterra Property Group is negotiating a deal to buy part of the historic Strawbridge’s department store building, possibly for lease to a grocery store, according to papers filed in by the Center City property’s current owner, Under the deal, Pennsylvania Real Estate Investment Trust, as PREIT is formally known, would sell a lower section of the former department...WW…

PREIT, which owns Center City’s Fashion District Philadelphia and other malls, said it will continue business operations while it obtains approvals for its restructuring plan.PREIT, the troubled owner of malls throughout the region, including Center City’s Fashion District Philadelphia, filed for Chapter 11 bankruptcy Sunday in what it describes as a prepackaged restructuring plan aimed at unlocking $150 million in new borrowing.PREIT, whose initials stand for Pennsylvania Real Estate Investment Trust, said in a news release that it will continue operations without interruption while it...…PREIT, which owns Center City’s Fashion District Philadelphia and other malls, said it will continue business operations while it obtains approvals for its restructuring plan.PREIT, the troubled owner of malls throughout the region, including Center City’s Fashion District Philadelphia, filed for Chapter 11 bankruptcy Sunday in what it describes as a prepackaged restructuring plan aimed at unlocking $150 million in new borrowing.PREIT, whose initials stand for Pennsylvania Real Estate Investment Trust, said in a news release that it will continue operations without interruption while it...WW…

The change comes as activists increasingly embrace a tactic of tracking down the addresses of public officials to hold protests outside their homes.Philadelphia officials have reprogrammed the city’s property-search website to remove the ability to look up properties by the names of their owners, citing undisclosed security concerns.Under the change implemented about a week ago, users of the search at can still find out who owns a property by inputting an address. But users can no longer conduct a search by entering the names of people or companies to see the addresses of properties they...…The change comes as activists increasingly embrace a tactic of tracking down the addresses of public officials to hold protests outside their homes.Philadelphia officials have reprogrammed the city’s property-search website to remove the ability to look up properties by the names of their owners, citing undisclosed security concerns.Under the change implemented about a week ago, users of the search at can still find out who owns a property by inputting an address. But users can no longer conduct a search by entering the names of people or companies to see the addresses of properties they...WW…

The region’s business and real estate communities are now carefully watching for the Sixers’ next steps, handicapping potential development sites in the city and even in Camden.Last week’s decision to grant Penn’s Landing development rights to upended the 76ers $4 billion plan to build themselves a new basketball arena at the central Philadelphia waterfront site.But it may have only marked the beginning of their search for a new home.By competing to develop Penn’s Landing, the Sixers signaled their dissatisfaction with their current home venue, the Wells Fargo Center at South Philadelphia’s...…The region’s business and real estate communities are now carefully watching for the Sixers’ next steps, handicapping potential development sites in the city and even in Camden.Last week’s decision to grant Penn’s Landing development rights to upended the 76ers $4 billion plan to build themselves a new basketball arena at the central Philadelphia waterfront site.But it may have only marked the beginning of their search for a new home.By competing to develop Penn’s Landing, the Sixers signaled their dissatisfaction with their current home venue, the Wells Fargo Center at South Philadelphia’s...WW…

The approved plan calls for 12 new towers of homes, shops, and offices on either side of the four-acre park being planned over I-95, between Chestnut and Walnut Streets.The Durst Organization of New York has been selected to redevelop Penn’s Landing, ending efforts by the Philadelphia 76ers to there.Under a $2.2 billion plan approved Wednesday by the key waterfront board, the family-run development group would put up 12 new towers of homes, shops, and offices on either side of the four-acre park being planned over Interstate 95, between Chestnut and Walnut Streets.The decision by the board...…The approved plan calls for 12 new towers of homes, shops, and offices on either side of the four-acre park being planned over I-95, between Chestnut and Walnut Streets.The Durst Organization of New York has been selected to redevelop Penn’s Landing, ending efforts by the Philadelphia 76ers to there.Under a $2.2 billion plan approved Wednesday by the key waterfront board, the family-run development group would put up 12 new towers of homes, shops, and offices on either side of the four-acre park being planned over Interstate 95, between Chestnut and Walnut Streets.The decision by the board...WW…