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Bell Atlantic - after merger with NYNEX, headquarters moved from Philadelphia to New York City; a significant workforce remains in the area Breyers - acquired by Kraft Foods and then by Unilever Jones Apparel Group - moved to New York City
Named after Norman Blumberg, an influential president of the Philadelphia AFL-CIO, [9] the Blumberg Apartments were designed by the engineering firm Bellante & Clauss and consisted of 108 rowhouses, two 18-story towers with one, two and three bedroom apartments, and a 13-story building for seniors. [10] The initial construction of the housing ...
Public housing in Philadelphia is a significant portion of the overall housing stock in Philadelphia. Most public housing is operated by the Philadelphia Housing Authority . On average, a Philadelphia public housing development is 69% African American, 26% Hispanic, and 5% White and other.
The NAR released The Top 10 Housing Hot Spots for 2025 on Thursday and map markers skew mostly toward Appalachia, with cities in the Carolinas, Tennessee and Indiana topping the list.
Some specific housing markets are becoming even more attractive for buyers. The 30-year mortgage rate dropped to 6.47% as of August 8 — its lowest rate in more than a year, according to Freddie ...
In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
Philadelphia has shifted to an information technology and service-based economy. Philadelphia and the Delaware Valley are a biotechnology hub. [5] As of 2023, metropolitan Philadelphia had entered the ranks of the top five U.S. venture capital centers, facilitated by its proximity to New York City and its entrepreneurial and financial ...
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