If Pennsylvania continues to build data centers at a rapid clip but fails to build more power plants, state residents will face a massive increase
The U.S. Small Business Administration said yesterday it suspended 870,000 borrowers across the U.S. who allegedly defrauded emergency loan programs rushed into place during the Covid-19 pandemic. Individual borrowers were not identified, but they were said to have taken out $39 billion in loans through the Paycheck Protection and the Economic Injury Disaster Loan programs. […]
On a sunny Friday afternoon, regional developer Jordan Ilyes showed off the fruits of a $3 million conversion project that remade the former Zarfos Furniture building in Red Lion. Over the last year or so, Ilyes and his team cut 27 apartments into the three-story, 40,000-square-foot building. The apartments are a mix of one- and […]
Jack Reynolds has joined the trusts and estates and business practice groups in the Lancaster office of Barley Snyder law firm. Reynolds focuses on estate planning, helping individuals, families and business owners develop comprehensive estate plans. He advises clients on wealth preservation and asset transfer strategies, state and federal estate tax considerations, and the preparation […]
Extra Mile Mechanical, a startup commercial and industrial HVAC company in Hampden Township, Cumberland County, is pitching itself as an alternative to what it frames as larger, impersonal contractors that increasingly dominate the industry. “No phone menus. No call centers. No layers of corporate bureaucracy. No shipping profits elsewhere. Just real people who answer the […]
Kinsley Properties is asking supervisors in East Manchester Township, York County, to rezone a nearly 90-acre tract known as Musser Farm. The parcel at 4390 Board Road, sandwiched between an industrial park and clusters of single-family homes, is currently zoned for low-density residential. York-based Kinsley wants to rezone a 35.7-acre portion on the western side, […]
A Lititz-based real estate partnership has added to its portfolio of retail properties in Central Pennsylvania. S&S Singh Partners, headed by cousins Paul and Randy Sohal, paid $4.1 million for a retail plaza across from Park City Center. The two-building, 12,823-square-foot center had been owned since 2015 by an affiliate of AEI Capital Corp., a Minnesota-based […]
A boutique real estate firm has acquired a suburban Harrisburg office building for an undisclosed price. The deal marks the first Harrisburg-area purchase for the firm, Kest & York., which is based in Morristown, New Jersey but whose owner, Pasi Wolosow, is based in Toronto. The firm specializes in retail plazas, midrise apartment buildings and office […]
In a federal lawsuit filed this month, West Virginia is accusing Pennsylvania of illegally closing its borders to protect in-state energy generation. At issue are credits generated by solar farms and certain other renewable energy projects and sold to electric utilities on a multimillion-dollar market. Utilities buy the credits so they can comply with state […]
River Wealth Advisors, a wealth management firm based in East Pennsboro Township, Cumberland County, has opened an office in 101NQ, a prominent office building at 101 N. Queen St. in Lancaster. The space is the third office for River Wealth, which manages assets of about $1.5 billion. The firm has a second office in Allentown. […]