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Banking & Finance

Alleged bank fraud hits local, national targets

State authorities on Friday disclosed what they say was a widespread bank-fraud operation in Central Pennsylvania that drained nearly $2 million from the accounts of victims.Two men have been arrested in connection with the fraud but a criminal complaint lists nine other people.More charges are expected, according to the Pennsylvania attorney general’s office, which is […]

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Brokerage buys capital-area advisory firm

A Harrisburg-area financial advisory has joined the wave of consolidation washing over the industry.Comprehensive Financial Associates, based in Susquehanna Township, has been acquired by insurance and benefits brokerage AssuredPartners, according to a press release from Wise Rhino Group, the M&A firm that advised Comprehensive Financial. Terms of the transaction were not disclosed. But it also includes an […]

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Lancaster advisory firm sold

Amid a wave of consolidation in the financial planning sector, Lancaster-based Domani Wealth has been purchased by a larger firm based in Illinois.The acquisition is the fourth this year for the firm, Savant Wealth Management, which is based in Rockford, west of Chicago. Terms of the deal were not disclosed but Domani will keep its existing leadership, advisers […]

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Mid Penn filing blames Citi for nonprofit’s loss

New York-based Citibank should be held liable for any losses suffered by a Harrisburg-based nonprofit that claims it was the victim of fraud, according to a legal filing by Mid Penn Bank. The nonprofit, the Center for Independent Living of Central PA, sued Mid Penn over the loss in February. Fraudsters allegedly managed to access two of the nonprofit’s accounts at Mid […]

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Nonprofit sues bank after alleged account fraud

Fraudsters drained nearly $250,000 from bank accounts of the Center for Independent Living of Central PA, and the Harrisburg-based nonprofit wants its bank, Mid Penn Bank, to refund the money, according to a lawsuit filed last week in Dauphin County court.The Harrisburg-based bank allegedly failed to enforce “commercially reasonable” security controls on the accounts and thus it […]

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PA Court OKs tax refund over location issue

In a case that could have far-reaching implications for corporate taxpayers, the state’s highest court has awarded a $2.1 million tax refund to a Pennsylvania-based arm of Johnson & Johnson.Reached last week, the decision hinged on what sounds like a simple question: Whether the company owed taxes in Pennsylvania based on services produced in this state […]

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Camp Hill bank to merge with Delmarva peer

Camp Hill-based LinkBancorp has struck a deal that will extend its footprint into Delaware, Maryland, New Jersey and Virginia.The bank said yesterday it has agreed to a “merger of equals” with Partners Bancorp, a Salisbury, Maryland-based bank with a long history in the Delmarva region.The all-stock deal is valued at $167.8 million, according to a press release.“This is […]

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PennSpring scoops up STEM camp operator

A Lancaster-based private equity firm is taking a third shot at the youth-enrichment market, a space where it has found success in the past.PennSpring Capital has acquired Emagination Tech Camps, which has been rebranded as Emagination STEM Camps, according to Lou Castelli, PennSpring’s managing partner. The previous owner was a private investor who bought the company during the […]

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Suit aims to stop Centric merger

A shareholder of Centric Financial is seeking to block the Harrisburg-area bank’s planned merger into a western Pennsylvania bank.In a class-action lawsuit filed this month in Cumberland County court, shareholder Charles Reinhardt claims the $144 million deal undervalues Centric, which is based in Lower Paxton Township, Dauphin County.The lawsuit also takes aim at other terms of the deal […]

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State College bank launches in capital region

A State College bank is making its first play in the capital region, where it hopes to drum up home and business loans.Centre 1st Bank has hired Bob Rader, a longtime capital-area banker, to head up a new loan office at 1017 Mumma Road in Wormleysburg. Rader, who lives in Mechanicsburg, is president of the Centre […]

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Banks seek more time, info on Welkowitz deal

Local banks are telling a Lancaster County court that they need more time and information to assess a deal that would settle debts from the estate of the late developer Richard Welkowitz.The estate has proposed selling off its stake in ventures that own more than 5,000 ATMs for $13.8 million to a Lancaster-based private equity firm, Heller Capital […]

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Lancaster wealth advisory merges with Maryland firm

Tim Decker initially turned to Greenspring Advisors as part of the succession planning for staff and clients of his Lancaster-based wealth management firm, ISI Financial Group. Greenspring, a larger firm based in Towson, Maryland, would take over if something happened to him, Decker said.But he decided not to wait, in part due to the challenges of hiring in today’s environment. ISI […]

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Facing insolvency, Welkowitz estate floats deal to settle debts

The estate of late Lancaster County developer Richard Welkowitz is hoping to make a deal to settle its debts, according to a filing in Lancaster County court.The proposed deal would funnel money to the estate’s secured and unsecured creditors and it would allow the estate to avoid a potential tax hit, according to the filing.The […]

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Former PeoplesBank exec tapped to lead Lancaster credit union

Everence Federal Credit Union, a Lancaster-based credit union, has named Kristen Heisey as its new president and CEO effective June 27. Heisey worked most recently as a senior vice president overseeing marketing, communications, data analytics, client experience and product innovation at York-based PeoplesBank, which she joined in 2018. She worked before that in leadership roles […]

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Harrisburg-area firm agrees to sale

Ritter Insurance Marketing, a Harrisburg-area firm that provides products and services to independent insurance agencies, has been sold.Dallas-based Integrity Marketing Group said May 18 it has agreed to buy Ritter, which employs about 280 people in Susquehanna Township and at satellite offices around the U.S.Terms of the deal were not disclosed. But Craig Ritter, an owner and […]

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Industry vet to guide bank’s capital-area expansion

Mansfield-based First Citizens Community Bank has hired a veteran business lender to lead its expansion into the capital region.Dragan Dodik, who has worked for several other banks in the Harrisburg area, has joined First Citizens as a senior lender and market leader.He recently played a similar role for Mifflintown-based Pennian Bank, which went on to […]

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CPA giant snaps up Harrisburg’s Andculture

Harrisburg-based Andculture is poised to become part of Chicago-based accounting and advisory firm RSM US LLP.RSM said Thursday it has reached an agreement to buy Andculture, which specializes in marketing strategy, design and technology, Terms of the deal were not disclosed. But it is expected to close June 1, according to a press release. RSM was advised […]

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Local banking leader named to top job at PA chamber

Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader.Luke Bernstein, an executive at Shippensburg-based Orrstown Financial Services, is poised to become the next president and CEO of the Pennsylvania Chamber of Business and Industry. As of June 15, he will be taking over for Gene Barr, who announced his retirement last fall after more […]

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New owners plan facelift for former Coakley’s

A staple of downtown New Cumberland is poised for a makeover.New owners have taken over a group of properties that include the former Coakley’s Restaurant and Irish Pub, which closed in 2014 after going bankrupt.Plans are still taking shape. But Kara Pierce said she and her partner, engineering executive Bill Tafuto, plan to invest about […]

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Brewery on tap for mixed-use project

Burkentine Builders is gearing up to finish a mixed-use project that will bring another brewery to southern York County.The Hanover-based builder held a topping-off ceremony April 25 for the roughly $5 million project, which is bringing two buildings totaling 10,000 square feet of commercial space and 20 apartments to the borough of New Freedom.Construction is […]

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Regional projects land $50M-plus in state funds

State officials on Friday unveiled more than $50 million in grants earmarked for projects around Central Pennsylvania, including a life sciences incubator in Lancaster, a hotel renovation on the West Shore and a park along the Codorus Creek in York.Other beneficiaries include Rock Lititz and the partnership developing a mixed-use apartment building near the new […]

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York taps new developer for vacant industrial tract

A new developer is getting a crack at bringing life to a former industrial tract in York. At a meeting last week, the Redevelopment Authority of the City of York awarded a six-month option on a 4.4-acre site in the Northwest Triangle to Statewide Partners, a regional firm with offices in Harrisburg and York. Preliminary sketches from Statewide show […]

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Another massive warehouse complex eyed for I-83 corridor

The warehouse project is still a long way from approval. But concepts floated by Missouri-based NorthPoint Development show roughly 1.5 million to 2 million square feet of warehouse space in multiple buildings, according to Tim James, manager of Manchester Township, where the project is being considered.

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New venture aims to streamline project subcontracting

Shortages of labor and materials are giving companies headaches.Michael Bistline is hoping to bring some targeted relief through a new venture launched this month by his Harrisburg-area business, Phillips Workplace Interiors.The venture is called Condivx and it aims to serve as a one-stop shop for general contractors looking for subcontractors at a time of high […]

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Vehicle-parts manufacturer moving operations to York area

Mobile Climate Control, which already has a distribution Center in York County, is consolidating all of its U.S. operations at a new facility in West Manchester Township.

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Lawsuit challenges revised PA building standards

The Pennsylvania Builders Association doesn’t oppose standards that ensure buildings are accessible to people with disabilities. It opposes the most-recent revision process, which could raise construction costs for multifamily buildings going forward,

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Lancaster County business owner turns to employees for succession plan

In fall 2018, Dan Laird was crouching in a duck blind on Maryland’s Eastern Shore when a banker friend asked him about his plans for Commonwealth Fire Protection Co.Laird had taken over the Lancaster County company in 2017 after the death of his business partner and longtime friend, Paul Hoffnagle, in a chain-saw accident. Hoffnagle […]

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At contractors group, canceled meetings and anxious members

When the first cases of coronavirus in Pennsylvania were announced March 6, schools and businesses were open. A holiday photo of the Keystone Contractors Association staff, from left: Seth Kohr, safety director; Jon O’Brien, executive director; Melody O’Brien, office manager. PHOTO/SUBMITTEDBut as the virus spread over the next week, the Keystone Contractors Association decided to cancel […]

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entrepreneurship

Food

The core value Astronomer forgot

Column by Richard Randall I wasn’t planning to write about values, but sometimes events cause a course change. The event

Barley Snyder

Shane Brackup has joined Barley Snyder as a member of its litigation and healthcare groups. He will be based in the law firm’s Lancaster office, focusing primarily on medical malpractice defense and health care matters.Brackup worked most recently as assistant district attorney for Lancaster County. Before that, he worked at a law firm in Philadelphia. He has […]

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Ecore International

Jeff Coté has been named president and COO of Ecore International.Coté will oversee day-to-day operations and lead strategic initiatives, including efforts to expand markets for the company, which employs more than 800 people. Ecore’s main business is making flooring out of recycled rubber tires.Coté joins the Lancaster-based company after working in a variety of C-suite […]

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Hotel, restaurant envisioned for York city landmark

New developers are embracing the challenge of bringing life to one of York city’s most prominent buildings.John and Denise Gilliland paid $650,000 for the stately bank branch at 1 N. George St., and they aim to convert it into a boutique hotel and high-end restaurant in the heart of the White Rose city, John Gilliland […]

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Retail, industrial, office leases inked

Natera Inc., a clinical genetic testing company, leased 2,448 square feet at 850 Walnut Bottom Road in Carlisle. Headquartered in Austin, Texas, Natera specializes in non-invasive, cell-free DNA testing, with a focus on women’s health, oncology and organ health. The lease marks Natera’s first location in Pennsylvania. Pamela Fisher of NAI CIR handled the transaction.Magnesita […]

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Customers chief to retire

A titan of Pennsylvania banking is passing the baton.Jay Sidhu said Friday he plans to retire on Jan. 1 as chairman and CEO of Customers Bancorp, a Berks County lender that he transformed over a period of nearly two decades.The 73-year-old executive plans to remain the bank’s executive chairman. But he is handing the CEO role […]

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Harrisburg retailer adding store

R&M Variety Shop, a Harrisburg-area retailer offering an array of products and services, from pet food to phone repair, is adding a third location.An affiliate of the company paid $1.9 million for a building at 7500 Derry St. in Swatara Township, Dauphin County, according to county deed records. The 22,500-square-foot property was formerly owned by 717 […]

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Lawmaker’s proposal adds to growing pressure on power grid

A Chester County lawmaker is seeking support for legislation that would pave the way for Pennsylvania to withdraw from the PJM, the regional power grid that serves Pennsylvania and about a dozen other states. In a memo seeking sponsors for the legislation, Democratic state Rep. Danielle Friel Otten joins a chorus of critics who argue PJM has […]

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Fulton Financial

Kevin Gremer has been named chief operations and technology officer at Fulton Financial effective Aug. 25. He succeeds Karthik Sridharan, who left the Lancaster-based bank at the end of January after what a securities filing described as a “termination without ‘Cause.‘”Fulton created the executive role and hired Sridharan in 2023 to oversee the bank’s IT and […]

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Land for Carlisle-area data center goes for $44M

Developers have another step toward erecting a roughly $15 billion data center campus on farmland near Carlisle. An affiliate of PowerHouse Data Centers shelled out $44 million earlier this month for parcels comprising roughly 700 acres where the data centers are planned, according to county deed records. The site is in Middlesex Township along Country […]

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Contractor fires back in suit over concrete for hospital project

A contractor is disputing claims it’s liable for defective concrete used during construction of a new hospital tower in York.The contractor, New Holland-based Stief Concrete Work Inc., denies the claims, which were raised in a lawsuit filed in May by York-based Kinsley Construction LLC. Kinsley claims it’s owed $935,000 for the concrete, which the company delivered for use in […]

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McNees Wallace & Nurick

Kayla Bushey has joined the Radnor office of Harrisburg-based law firm McNees Wallace & Nurick.She will support clients with legal issues pertaining to privacy compliance, data breach response, and privacy and cybersecurity litigation. Bushey has experience in legal research and privacy policy analysis, with a focus on U.S. and international data privacy frameworks. She worked […]

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Tandem Center for Shared Business Success

Anthony Verrecchia has been named director of client services at Tandem Center for Shared Business Success. He will oversee the rollout of profit-sharing and employee ownership initiatives for clients of the Lancaster-based nonprofit. He also will work on enhancing Tandem’s internal systems and strategic direction.Founded in 2024, the nonprofit works with companies to implement direct employee […]

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WellSpan Health

Tina Citro has been named president of WellSpan Good Samaritan Hospital in Lebanon. She succeeds Patricia Donley, who was named chief nursing executive for the hospital’s parent, York-based WellSpan Health, in March.Citro was most recently the president of WellSpan Ephrata Community Hospital and been working as interim president of the 160-bed Good Samaritan. She joined WellSpan […]

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Harrisburg-area flex building fetches $2.5M

A partnership called 990 Peiffers Lane LLC paid $2.5 million for a roughly 23,000-square-foot building at 990 Peiffers Lane in Lower Paxton Township, Dauphin County according to county deed records. The property is home to a branch of UPS Midstream Services, an industrial services company based in Deer Park, Texas.The sellers, Michael and Catherine Miller, were represented by […]

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Data center boom redefining industrial real estate

A few years ago, the phrase “industrial real estate” likely conjured an image of massive warehouses spreading across the open fields of Central Pennsylvania. Now, the phrase might just as easily bring up images of data centers — buildings packed with computer servers composing your emails and delivering answers to your ChatGPT queries.The announcement of more than $90 […]

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Apartments eyed at former Harrisburg law office

Pending city approval, Harrisburg-based developer WCI Partners is aiming to carve a former law office in the capital city into 11 one-bedroom apartments, according to WCI president Dave Butcher. The offices at the roughly 7,400 square-foot property at 508-510 N. Second St. were formerly home to law firm Wix Wenger & Weidner, which moved its Harrisburg office to 2805 Old […]

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Developer details data center plans

One of the companies behind a $6 billion data center project in Lancaster is filling in some of the blanks surrounding the project.Early reports indicated data centers would be constructed at two former printing plants, at 216 Greenfield Road and 1375 Harrisburg Pike. The developers are Virginia-based Chirisa Technology Parks and New York-based Machine Investment Group, which […]

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Shapiro order aims to boost small-biz contracting

Under an executive order signed yesterday by Gov. Josh Shapiro, the state plans to marshal government and private-sector resources to help small, diverse businesses win a bigger share of state spending.The order builds on efforts by Shapiro’s predecessor, former Gov. Tom Wolf, to diversify the ranks of state contractors. The efforts have made progress but it […]

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Shapiro licensing plan includes money-back guarantee

Tired of waiting for that professional license?If it takes too long, Gov. Josh Shapiro wants to give you your money back, a pledge outlined in an executive order he signed on Jan. 31. First, state agencies have to figure out what is “too long.” The order directs state agencies to catalog all the licenses, certificates and permits […]

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Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses.The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills.Some corporate taxpayers have claimed, successfully, that provisions that have […]

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Report: PA lags on innovation, entrepreneurship

Pennsylvania has many of the ingredients for an economy powered by innovation and entrepreneurship, according to a report released today by Brookings Institution, a prominent think tank in Washington, D.C.However, the state has struggled to bake them into a dynamic, high-growth economy, putting large swaths of Pennsylvania at risk of stagnation, said the report, which offers a […]

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Podcast: A midterm forecast

Pennsylvania is home to two of the most closely watched elections in the U.S. One, for a U.S. Senate seat, pits Lieutenant Gov. John Fetterman, a Democrat, against Dr. Mehmet Oz, a Republican. They are running to replace Sen. Pat Toomey, a Republican who is retiring.The other is the race for governor, which features Republican […]

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New state park designated along Susquehanna

Amid a broader push to boost the outdoors economy in Pennsylvania, a new state park is coming to the banks of the Susquehanna River in York County.The tentatively titled Susquehanna Riverlands State Park is one of three new parks unveiled yesterday by Gov. Tom Wolf and Department of Conservation and Natural Resources Secretary Cindy Dunn.The […]

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Online retailers win sales-tax fight

A state court has sided with online retailers who say they are being unfairly targeted by Pennsylvania tax collectors.In a ruling Friday, Commonwealth Court blocked efforts by the Pennsylvania Department of Revenue to collect state sales and personal income taxes from the retailers, which sell their products through Amazon.At issue are back taxes the state had […]

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Borough lands state funding for proposed innovation park

State officials are giving an $8.4 million boost to plans for an innovation park in Columbia.The Lancaster County borough is collecting a grant of nearly $3.4 million and a loan of just over $5 million to help cover the costs of developing the McGinness Innovation Park on the site of a former airport in the borough.“We […]

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Program aims to shower capital on small biz in PA

Pennsylvania’s small businesses are in line for a capital infusion of nearly $268 million under a program announced July 18 by the Wolf AdministrationThe money is coming from the federal government via the American Rescue Plan ActBut it will be distributed by the state, specifically the state Department of Community and Economic Development.Other hands also […]

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Budget delivers big win, some misses for business

State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions.The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been 9.99%The […]

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Local banking leader named to top job at PA chamber

Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader.Luke Bernstein, an executive at Shippensburg-based Orrstown Financial Services,

Regional projects land $50M-plus in state funds

State officials on Friday unveiled more than $50 million in grants earmarked for projects around Central Pennsylvania, including a life

Deal closes on Reagan building

A buyer has finalized the $10.01 million purchase of the Ronald Reagan Federal Building in downtown Harrisburg.However, the buyer’s identity remains a mystery.A deed filed with Dauphin County lists the buyer as R.R.F. Building LLC,which has a tax billing address at a law firm in South Carolina.Efforts to reach the law firm, De Bruin Law, were not successful.The LLC […]

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As tax credits grow, so does the waitlist

A growing number of companies cannot take advantage of one of Pennsylvania’s most popular tax-credit programs.

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Legal

Insurers sue local contractors over recycling-plant fire

On March 8, 2022, a fire ripped through a Penn Waste recycling facility in Manchester Township, York County, knocking it out of commission. Now, three Penn Waste insurers are suing local contractors involved in building the facility and installing its sprinkler system.The insurers, which include Connecticut-based XL Insurance, are seeking to recover $26 million in damages from York-based Kinsley Construction, York-based Susquehanna […]

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Another delay in sale of Harrisburg apartments

It could be another four weeks before a bankruptcy court decides the fate of the beleaguered Governor’s Square apartment complex in uptown Harrisburg.The court had been scheduled to hold a hearing April 2 on a proposed sale of the 222-unit complex But the hearing has now been moved to April 30 at the request of the property’s […]

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House panel OKs bills on wage, workplace discrimination

A state House panel has passed bills on party-line votes that would strengthen protections against workplace discrimination.One bill would lower the threshold for state anti-discrimination enforcement to businesses with as few as two employees, down from the current threshold of four.Another bill would tweak provisions covering gender-based wage discrimination. It would, for example, bar disparate […]

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Manheim seeks dismissal of Lancaster stormwater suit

Manheim Township is firing back against a lawsuit aiming to hold it responsible for problems with the sewer system in neighboring Lancaster city.The lawsuit, filed in January by Lancaster city in Lancaster County court, argues that Manheim officials have not done enough to control stormwater from entering the city sewer system.The system serves homes and businesses […]

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Lawsuit stakes claim to Live tour proceeds

For more than a year, singer Ed Kowalczyk has been touring under the banner of Live, the platinum-selling rock band he co-founded more than 30 years ago in York.But the agreement allowing him to use the Live name is under fire in a York County court.Former Live drummer Chad Gracey is suing Kowalczyk for breach […]

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Power-line developer notches victory as legal fight plows ahead

The legal fight continues over high-voltage power lines that would run through southern York and Franklin counties. The chief issue is whether state utility regulators overstepped constitutional bounds when they blocked the interstate project in May 2021.Proposed in 2017 by Ohio-based Transource, the $372 million Independence Energy Connection would ease congestion for power flowing from Pennsylvania to Maryland by constructing […]

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Court OKs lawsuit over solar hookups

A state court has handed a preliminary legal victory to a business owner in a fight over the cost of connecting solar projects to the electric distribution system.The Pennsylvania Public Utility Commission had objected to the business owner’s lawsuit on procedural grounds. But in a ruling last week, Commonwealth Court overruled the objections, allowing the case […]

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Court extends time for bankruptcy sale of Harrisburg apartments

A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb. 29. However, it has been moved to April 2 per an order from Chief Bankruptcy Judge Henry Van Eck of the U.S. Bankruptcy Court for the Middle District of Pennsylvania.Why is this happening: The complex’s […]

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AG: “Sham” internet provider targeted rural York

A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in a lawsuit as a “sham business.”The company, Davis Communications Internet Inc., subscribed to business internet plans, then advertised itself as an internet provider in its own right, specifically targeting consumers in rural York County, where internet […]

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High court rules in dispute over PA wage law

Pennsylvania’s top court has backed a lower court’s decision in a closely watched case involving application of the state’s prevailing wage law.The case hinged on conflicting views of the law, which sets a minimum wage for workers on publicly funded projects. What’s the issue: Whether prevailing wages should be paid on a private-sector project funded by […]

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Feds object to bankruptcy sale of Harrisburg apartments

Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared bankruptcy last yearIn a court filing this week, the U.S. Department of Housing and Urban Development argues there are not enough guarantees that the potential deal will preserve the complex’s status as affordable housing.HUD also […]

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Rules on licensing for ex-convicts near finish line

State regulators have tweaked regulations that modify the professional licensing process for people with criminal backgrounds, following stiff pushback from critics of the original proposal.The rules implement a 2020 state law making it easier for people with criminal convictions to become accountants, barbers, nurses and real estate agents, among the many other professions that require a state […]

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Lebanon judge backs vote against solar project

A Lebanon County judge has sided with a North Annville Township decision shooting down developers hoping to plant a roughly 858-acre solar farm in the rural municipality west of Lebanon city.The ruling, handed down last week, upholds a 2022 vote by North Annville supervisors to deny a conditional use permit to Lebanon Solar I LLC, a […]

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Lancaster takes aim at township over stormwater

In a lawsuit filed this month, Lancaster city is accusing a neighboring township of not doing enough to prevent stormwater from flowing into the city’s sewer system, a problem that has been brewing for years.Among other alleged failures, officials in Manheim Township have not required developers to install adequate stormwater controls or paid for the […]

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Harrisburg’s Nauman Smith absorbed by larger law firm

One of Harrisburg’s oldest law firms is winding down. Five attorneys and a team of administrative professionals from 152-year-old Nauman Smith Shissler & Hall are joining the capital city office of Philadelphia-based Cohen Seglias Pallas Greenhall & Furman, effective Feb. 1. The move caps conversations that started in early 2023 between the two firms, said Steven Williams, the […]

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State court backs developer in warehouse spat

A state appeals court has sided with a local developer aiming to build a warehouse complex in Swatara Township, Dauphin County. The decision is the latest in a long-running battle over whether warehouses should be allowed on tracts along Route 322 east of Harrisburg, near Penhar Drive. State court shot down a previous developer’s efforts in […]

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Court voids price guide for workers’ comp drugs

A state court has shelved the Red Book, a compendium of wholesale drug prices that state officials routinely use to settle disputes over drug costs in Pennsylvania’s worker’s comp program. In a ruling this week, Commonwealth Court disqualified use of the book after an insurer challenged it, claiming the book’s listed prices were not accurate. […]

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UPMC sued for allegedly misclassifying workers

UPMC is facing a class-action lawsuit filed by a respiratory therapist who claims she was misclassified as an independent contractor when she worked at the health system’s Harrisburg hospital in 2022. The suit, filed last week in an Allegheny County court, claims the therapist should have been classified as an employee and paid overtime when she […]

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York, Harrisburg firms on the move

The new year is poised to bring new digs to two local companies. Reynolds Restoration Services bought a flex property in suburban Harrisburg for its new headquarters. York County-based construction firm Wagman also has purchased a building for a new HQ, a property in Manchester Township, York County. Both companies said they are outgrowing their current spaces. Starting with: […]

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Highs donate real estate biz to family foundation

The High family is presenting a second major gift to their family foundation. The family’s ownership of Lancaster County-based High Real Estate Group is being transferred to High Foundation, the foundation announced on Dec. 20. The year-end gift follows the donation last year of High Industries, which was valued at nearly $115.2 million. The value of the real estate company was not disclosed but […]

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Inch appeals decision that nixed industrial development

An affiliate of real estate developer Inch & Co. is challenging a decision that reversed the zoning on a parcel of land it owns near Route 30 and Pennsylvania Avenue in Manchester Township, York County. Township officials rezoned the property in 2021 for industrial development. But after fierce public outcry and a challenge from the owner […]

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PA STARTUP TAPS INTO THE POWER OF HOME INSPECTIONS

Home inspectors gather reams of information as they poke around houses that are about to change hands.In some cases, the information prompts buyers to back out of a deal or demand concessions, such as a new roof or a lower price.But in many cases, the information is simply dumped into a binder or PDF, rarely […]

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Developer weighs new project in Lancaster area

High Real Estate Group LLC is taking the first step toward building a mixed-use development next to the suburban headquarters of Armstrong World Industries in Manor Township, Lancaster County.High has struck an agreement with Armstrong World to buy 476 acres south and west of the manufacturer’s campus, which sits off Columbia Avenue west of Lancaster city. Terms of the […]

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October sale sought for beleaguered Harrisburg apartments

The bankrupt owners of an uptown Harrisburg apartment complex want to hire a firm that specializes in real estate liquidation to sell the property in an auction.In a motion filed in bankruptcy court, apartment owners Uptown Partners LP are seeking court approval to hire Hilco Real Estate LLC to oversee a sale of the complex, known as Governor’s Square.According to […]

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Agency mulls deal for shuttered factory

A subsidiary of the Cumberland Area Economic Development Corp. is exploring an acquisition of a recently shuttered Carlisle factory.The subsidiary, called the Real Estate Collaborative LLC, has signed a letter of intent to buy the plant formerly operated by The Frog, Switch & Manufacturing Co. at 600 E. High St. in the Cumberland County borough.But first, the collaborative […]

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Podcast: The local real estate market

Rising interest rates. A push back to the office. The boom in ecommerce and warehousing.Plenty of factors are influencing the real estate market nationally. But what is the market like locally?John Birkeland of Rock Commercial Real Estate, Jason Phillips of Coldwell Banker Realty and Shanna Terroso, CEO of the Realtors Association of York and Adams […]

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York city apartment plans advance

At a meeting June 6, York city council approved plans for a 140-unit apartment building in part of an area known as the Northwest Triangle, a zone that has long been targeted for redevelopment.The plans were pitched by Statewide Partners LLC, a regional developer with offices in Harrisburg and York. “We think that this project is the first […]

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Rite Aid sells HQ to Philly-area developers

Philadelphia-area developers have purchased the former Rite Aid headquarters in Cumberland County and plan to redevelop the site.Affiliates of Jenkintown-based Goodman Properties and Malvern-based E. Kahn Development paid $4.735 million for the roughly 205,000 square-foot complex, according to county deed records. The developers are still working out their plans for the site, which is at 30 Hunter Lane in East Pennsboro […]

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Harrisburg federal building sold again

The Harrisburg federal building has changed hands after all.Global Ocean Investments, which bought the 11-story building about a year ago for $10.01 million, has sold it for $13.13 million, according to Dauphin County deed records.The buyer is 1422 Route 179 Florida Realty LLC., whose leader affirmed plans to convert the office tower at 228 Walnut St. into apartments.“It’s […]

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Drayer HQ sold to home-care provider

A Lancaster-area home-care company has purchased the corporate headquarters of Drayer Physical Therapy Institute in Swatara Township, Dauphin County.Druk Homecare Services, a home-care provider based in East Hempfield Township, paid $1.7 million for the 20,812 square-foot office building at 8205 Presidents Drive, according to county deed records. Druk plans to relocate to the second floor of the building […]

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York-area golf course sold

Inch & Co., a York-based construction and real estate company, has purchased Regents’ Glen Country Club in Spring Garden Township, York County.According to county deed records, Inch affiliate RG Golf Course LLC paid nearly $2.3 million for the property, which includes the course, the clubhouse and an event venue called Box Hill Mansion. The seller was The Greens at Regents Glen […]

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Hanover plaza near proposed Wawa sells for $2.2M

Local shopping centers are continuing to attract interest from area buyers.The latest example is Penn Plaza, an 82,500 square-foot shopping center at 1019 Baltimore St. in Penn Township, York County, outside Hanover. The Trone Family Trust, based in Hanover, paid $2.2 million for the plaza, which counts an Ollie’s Bargain Outlet store and a Ninja Logic gym among its […]

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Hanover-area plaza goes for $28.75M

A Hanover-area mall is under new ownership.Plymouth Meeting-based real estate company Pennmark Management paid $28.75 million for Gateway Hanover, a 192,774 square-foot shopping center just north of the York County borough. It was developed starting in 2010.The seller was Hanover-based Conewago North Ridge Partners LP, according to Brad Rohrbaugh, retail director for York-based real estate firm Bennett Williams Commercial.Rohrbaugh, […]

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Text marketing firm moves to Lancaster

Last fall, Lancaster-based private equity firm PennSpring Capital bought a majority stake in Mobiniti, a text marketing firm based in Wilkes-Barre.This week, a PennSpring entity paid $1.55 million for a building in Lancaster where it plans to relocate the operations of Mobiniti, which employs about 20 people.The move brings Mobiniti closer to PennSpring, which offers support to the […]

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Youth-focused nonprofit buys Front Street office

A Harrisburg-based, youth-focused nonprofit has purchased the longtime home of the Pennsylvania NewsMedia Association at 3899 N. Front St.Youth Advocate Programs Inc. paid $2.235 million for the 18,000 square-foot building in Susquehanna Township, according to Dauphin County deed records.The nonprofit — which provides community-based services to at-risk youth — plans to move around 80 staff members there in […]

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Camp Hill firm forges ahead with $29M project

A mixed-use development is taking shape along Route 15 in Upper Allen Township, Cumberland County.Camp Hill developer Linlo Properties began site work in May for the project, dubbed The Mills at Shepherdstown Crossing.Once completed, it will bring 54 apartments, retail space, a Burger King and a Chick-fil-A to the intersection of Gettysburg Pike and South Market Street, which offers access to Route […]

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