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Philadelphia Properties News






No lower bail for arson suspect (Daily Journal)
EGG HARBOR CITY -- The man who authorities say set an Oct. 23 fire that destroyed several Philadelphia Avenue properties and left more than two dozen people homeless must remain in custody on $100,000 bail, a judge ruled.


Archaeological controversy over foundation discovered at SugarHouse site (The Philadelphia Inquirer)
Torben Jenk knows this about old neighborhoods in Philadelphia: The land holds mysteries. And now, one of them has embroiled the local historian in an intensifying archaeological debate with the developers of the SugarHouse casino.


QUICK POLL (GlobeSt.com)
CHICAGO-Real estate investment firm Pearl Properties, based in Philadelphia, has purchased 15,200 square feet in the mezzanine and second floor of 55 W. Wacker.


Economy doesn't halt construction (Daily Pennsylvanian)
Shaky economic times and a tumultuous housing market have not prevented new properties from springing up throughout University City in recent years. Since 2006, a number of mixed-use, luxury apartment complexes have come to call West Philadelphia home.


Downtown lures residents (Pittsburgh Tribune-Review)
Pittsburgh's strategy to lure people to live Downtown with the promise of 10-year tax abatements is showing signs of success, city officials said Wednesday.


Magnetic Relief For Depression? (Washington Post)
Steve Newman had suffered from major depression from the time he was 13. He tried innumerable treatments: psychotherapy and medications. Approaching 60, single by necessity and friendless by choice, he decided his train had only two stops left before suicide.


City of New Orleans prepared to spend $79 million buying property for new VA Hospital (New Orleans Times-Picayune)
The city of New Orleans is prepared to spend up to $79 million buying scores of houses just north of downtown and relocating the people who live there in order to provide the U.S. Department of Veterans Affairs with land where it can build a new hospital.


INFO-TECH (The Hindu)
MERGERS & ACQUISITIONS: Japan’s DoCoMo acquires 26% stake in Tata Tele Deal valued at Rs 13,070 cr; open offer for 20% stake on cards.


Web scam saddles some with blighted property (The Titusville Herald)
OIL CITY -- The blighted property problem in Oil City has recently taken a new turn -- a housing scam.



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