No more furloughs or increases in health care costs.
Double the severance pay. Another employee buyout program that will be guided
by seniority were among the key features of the tentative two-year collective
bargaining agreement between the union representing employees of the
Philadelphia Inquirer and Daily News and parent company Philadelphia Media
Network.
Tuesday, June 30, 2015
Bucks apartment complex sells for more than $43M
Relative Properties has picked up another Bucks County
apartment complex, plunking down $43.2 million to buy Polo Run in Yardley, Pa.
The property consists of 11 buildings with 248
apartments. Its occupancy was about 90 percent at the time of sale. The seller,
TGM Communities of New York, was represented by Karen Iman of Cushman &
Wakefield.
King of Prussia Mall expansion taking form
The final steel beam for the shell of a massive new
corridor housing dozens of new stores and restaurants and connecting the Plaza
and the Court at King of Prussia Mall will be erected Tuesday.
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