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Banking & Finance

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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Fledgling venture fund makes first investments

After raising roughly $10 million, a startup venture fund in York has disclosed an inaugural round of investments.Martin Fedorko, left, and Alexa Born founded White Rose Ventures in 2020 (photo/submitted).White Rose Ventures has plowed $1.73 million into companies in Lancaster, Harrisburg and YorkThe firm also unveiled a nonprofit, Braided River Collective, designed to support entrepreneurs around the region.They […]

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Investor wants new board members for PeoplesBank parent

The war of words over a regional bank is morphing into a war over board seats.An activist investor is nominating three members to the board of Codorus Valley Bancorp, a trio of executives the investor believes would better represent the interests of shareholders.The investor, Abbott Cooper of New York hedge fund Driver Management, has been pushing since last summer for […]

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Lancaster bank plans mobile branches in upper Dauphin

Bank of Bird-in-Hand is seeking permission from state regulators to bring one of its mobile branches – dubbed Gelt buses – into upper Dauphin County. The buses are designed to serve the Amish and other members of the Plain community.

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A look back at M&A in Central PA

The past year has been a busy one for mergers and acquisitions in Central Pennsylvania. Take a closer look at the action in this month-by-month recap for 2021. Unless otherwise indicated, the deal terms were not disclosed.January:U-GRO Learning Centres, a Derry Township-based preschool chain, was purchased by Michigan-based Learning Care Group, one of the country’s […]

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Venture firm takes root in York

Martin Fedorko did not cross the finish line the first time he tried to create a venture fund in York County. But he came away with valuable lessons he is applying to his latest effort: White Rose VenturesMost importantly, he learned that York County’s would-be investors are indeed interested in backing local companies. They just […]

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West Shore firm partners with Wells Fargo to distribute new credit-application tech

For nearly two decades, Cumberland County tech company Versatile Credit has been making it easier for businesses to offer in-store credit. Its latest device, called Snap Sign, makes it as easy as pointing a mobile phone at a plastic sign.The signs are a secure, contactless alternative to in-store kiosks, tablets or paper applications that typically […]

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Economy

entrepreneurship

Food

Firm adds self-storage sites in NJ, NY

York-based Investment Real Estate Group of Companies acquired two self-storage facilities in April.One is a 370-unit facility at 133 Route 222 in Pawling, New York, about 72 miles north of New York City in the Hudson Valley region The 2.7-acre site also includes a commercial space.The second is a 480-unit facility along Route 206 in […]

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Food biz unveils $19.1M plant in Lancaster

As sales of its signature bone broth boomed over the last several years, Kettle & Fire struggled to keep its products on store shelves.A new production facility in Lancaster County, unveiled during a ribbon-cutting yesterday, is expected to help meet the demand and then some, according to company founders and executives.The $19.1 million plant is the first […]

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Penn State recommends closing York, Mont Alto branches

The suspense is over.Penn State yesterday unveiled a long-awaited report laying out a plan to close branch campuses in York and Franklin counties, as well as five other campuses around the state.The move requires approval by trustees, who have not yet scheduled a meeting to vote on the plan. It is likely to face pushback from […]

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Partners divide ownership of York-area venues

Some of the York area’s best-known food and event venues are being reapportioned. Under a sales agreement finalized April 14, restaurateurs Tom Sibol and Jeremiah Anderson are divvying up the holdings of White Rose Restaurant Group, which is being dissolved, according to Sibol. Terms of the agreement were not disclosed.Sibol is retaining ownership of the group’s […]

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School district to buy vacant office

A Dauphin County school district has agreed to buy a vacant office building at 4401 Deer Path Road in Susquehanna Township.Due to overcrowding in its existing spaces, the Susquehanna Township School District plans to use the 102,000-square-foot building for offices and classrooms, district superintendent Tamara Willis said in an interview with biznewsPA. The lender-owned property is […]

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APR Supply Co.

Brian Schlise has been named president of APR Supply Co., a newly created role for the Lebanon-based HVAC distributor. He will oversee the company’s day-to-day operations and strategic execution, while CEO Scott Weaver focuses on enterprise vision and growth, i.e., the big picture.Schlise worked most recently as president and CEO of Associated Builders and Contractors Ohio […]

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Spirits biz brewing up growth in Hershey

Hershey has been a sweet spot for Hidden Still Spirits, which cranked up operations there in 2020.Thanks to the town’s tourist traffic, the distiller has seen steady business at its restaurant, which opened in February 2022.The company also is enjoying growing demand for its products, which include bourbon, gin, rum, vodka and tequila. And last year, Hidden […]

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West York Wawa site changes hands

A Massachusetts-based partnership called Newport Ave LLC paid just over $5.7 million for the roughly 2.8-acre tract housing a Wawa convenience store at 4535 W. Market St., according to county deed records.The seller was an entity called 2023 Rte 116 W Manchester LLC. The Wawa store opened in December, one of several the Delaware County-based chain has been opening […]

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Spring Grove papermaker gets more time on loan payment

Spring Grove-based papermaker Pixelle Specialty Solutions missed an interest payment on its debt due April 30, triggering a ratings downgrade from S&P Global. However, lenders are giving the company more time so it can close on the sale of a plant in Wisconsin and use the proceeds to make the interest payment and pay down debt.Pixelle […]

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Investment Real Estate Group of Companies

Kenneth Lower has been hired as CFO of Investment Real Estate Group of Companies, the York-based business that operates Moove In Self Storage facilities. The former banker succeeds Jack Fritsche, who became the company’s COO in January.Lower brings more than 20 years of experience in banking and private equity, most recently at UMB Financial. He launched a Philadelphia […]

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Mid Penn Bank

Jeannine Cimino has been named a regional president in central and southern New Jersey for Mid Penn Bank, the chief banking subsidiary of Harrisburg-based Mid Penn Bancorp. Cimino was previously chief retail officer at Bucks County-based William Penn Bank, which Mid Penn acquired at the end of April.Cimino, who has more than 30 years of banking experience, oversaw […]

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Court declines to reconsider solar case

Gratz Borough will not be getting another day in court for its long-running case against a proposed solar project – at least not in Commonwealth Court.In a short note last week, the appeals court said it would not reconsider arguments in a zoning-related dispute over the project.The decision is the latest legal setback in the […]

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Regional rental company adds Hollidaysburg branch

Cleveland Brothers, a regional construction equipment dealership based in Murrysville, acquired BCI Rentals, an equipment rental business in Hollidaysburg. Terms of the transaction were not disclosed.BCI is being folded into Cleveland Brothers subsidiary One Call Rentals, a network of Cat rental stores that Cleveland Brothers acquired in 2005.Cleveland Brothers and One Call have 30 branches overall, including […]

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York County Industrial Development Authority

York County commissioners appointed Kevin Feil to the board of the York County Industrial Development Authority.Feil is vice president of operations at York College, where he plays a role in shaping campus operations and capital projects.“Kevin brings a thoughtful, mission-driven perspective to every initiative he leads,” college president Thomas Burns said in a statement. “His […]

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Lanco firm drawing up new digs

Manufacturer Breeo is eyeing an expansion at its site in Salisbury Township, Lancaster County, where it assembles smokeless fire pits, products poised for a bump in sales thanks to the impact of tariffs on foreign-made competitors.“We’re still working through our plans, so it’s not set in stone yet,” said Breeo’s CEO and majority owner, Amos Stoltzfus. But the […]

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Investment Real Estate Group of Companies

Joelle Pacheco has been hired as a marketing coordinator for Investment Real Estate Group of Companies, a York-based company that operates Moove In Self Storage facilities.Pacheco will spearhead social media campaigns, along with creative content, to support the company goal of expanding to more than 100 facilities.“Joelle’s creative excellence and deadline-driven mindset embody our core […]

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VisionCorps

Megan Tomsheck has been named president and CEO of VisionCorps, a Lancaster-based nonprofit that provides services for people with vision loss, effective Oct. 1.Tomsheck, the organization’s chief development officer, is succeeding Dennis Steiner, who is scheduled to retire Oct. 31.Tomsheck has worked for the agency since 2007, starting in marketing and development. She solicited the nonprofit’s […]

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State House moving bill for government-run retirement savings

State lawmakers are taking another run at creating a state-backed retirement program for private-sector workers.Similar legislation cleared the Democratic-controlled House in 2023 but failed to move in the GOP-led Senate.The House is once again on the cusp of passing the legislation following its approval on Tuesday in a party-line vote by the House Commerce Committee.What’s the […]

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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 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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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

Court sides with solar firm in zoning battle

Gratz borough in Dauphin County failed to properly advertise a meeting where it set stricter zoning standards for solar energy systems even as a company was seeking permission to build a 17-megawatt project there.That was the ruling last week from a three-judge panel of Pennsylvania’s Commonwealth Court, which upheld a 2022 decision by Dauphin County […]

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Developer loses appeal over denial of mixed-use project

A Lancaster County developer has lost its bid to overturn a zoning decision blocking a mixed-use development in Manheim Township.In a ruling this week, a county judge upheld the township’s denial of plans for Oregon Village, a proposed development that would bring housing, offices, shops and a hotel to a nearly 76-acre tract that currently […]

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Defamation claim raised in suit over fraud loss

Mid Penn Bank is firing back at claims it did not adequately protect a nonprofit from fraud.In a legal filing this month, the Harrisburg-based bank alleges that the Center for Independent Living of Central Pennsylvania harmed the bank’s reputation in a press release issued in February announcing a lawsuit against the bank. In the press release, the center claimed that […]

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Court OKs settlement in data breach

A federal court has approved a settlement in a data-breach lawsuit brought against Fulton Bank.Under the agreement, the Lancaster-based bank will pay $750,000 to set up a fund to compensate victims of the breach, which hit a Fulton Bank vendor rather than the bank itself. The bank is not admitting any liability for the breach, nor […]

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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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Lawsuit puts cannabis testing rule on hold

Companies that test, grow and process medical cannabis in Pennsylvania are suing to block a rule they say could cost them millions of dollars and ultimately raise prices for patients.The rule, which had been slated to take effect this week, alters the requirements for testing cannabis before and after it is processed into medication But […]

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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

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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Court rules local stormwater fee is a tax

West Chester University and the Pennsylvania State System of Higher Education do not have to pay an annual six-figure stormwater fee imposed by West Chester Borough.Why? Because Pennsylvania’s Commonwealth Court ruled yesterday that the fee is a tax — and state entities don’t have to pay taxes.In a lawsuit filed in 2018, the borough argued that the assessments are a […]

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York law firms link up

Three York-based law firms are becoming one in a merger slated to close Oct. 1.The firms are Blakey Yost Bupp & Rausch; Griest Himes Herrold Reynosa; and MPL Law Firm.“We all have great respect for each other and we have always worked well together even when on opposing sides,” said James Sanders, an attorney at MPL. “We decided that working […]

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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

State ends appeal in medical cannabis recall

State health officials have dropped a legal action seeking to reinstate their controversial recall of medical marijuana vapes.The move before the state Supreme Court doesn’t end the legal fight. It simply means the Department of Health is no longer appealing a lower-court ruling that put the recall on holdNonetheless, it was welcomed by the medical cannabis […]

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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

Ollie’s hit with overtime lawsuits

Ollie’s Bargain Outlet has joined a string of retailers accused of improperly denying overtime pay to people who hold management jobs in their stores.Two salaried employees in New York have filed lawsuits claiming Ollie’s should have paid them overtime since their duties were “virtually indistinguishable” from those of hourly workers.The suits, filed in a federal court […]

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Court rejects expanded view of prevailing-wage law

A state court has reversed a decision that could have added millions of dollars in costs to construction projects financed with bonds issued by municipal authorities.The ruling last week by Commonwealth Court revolved around interpretations of the state’s prevailing-wage law, which sets a minimum wage for workers on projects funded by public money.The case arose in […]

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Lawsuit settled over York fiber company

After trading legal blows for more than a year, the feuding owners of United Fiber & Data have reached a settlement.The confidential deal ends legal sparring that began in 2020 over the company, which was founded in York by members of the rock band Live and their business partner, Bill Hynes. The fight had narrowed in recent months to one between […]

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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

Harrisburg law firm opens HR consulting firm

McNees Wallace & Nurick has launched HR Influenced, a subsidiary that will offer HR consulting services under the umbrella of the Harrisburg-based law firm, which also houses a labor and employment legal practice.The new venture is headed by Kristen Evans, an experienced HR executive.Her career includes stints at York-based PACE Resources, Cintas, Harrisburg-based developer Triple […]

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Marketing

Real Estate

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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Harsco Headquarters sold to local developer

As it gears up for a move to Philadelphia, Harsco has unloaded its longtime Wormleysburg headquarters this year for $4.3 million.However, the roughly 42,000 square-foot building will remain a corporate headquarters.A partnership that includes Lemoyne-based Rhodes Development Group bought the building and plans to move there, along with two of its operating divisions, according to Larry Kluger, president and CEO […]

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York-area office building sold for nearly $6M

Seeking a more modern office environment for its York-area staff, a Lancaster-based residential real estate firm is moving down the street.Berkshire Hathaway HomeServices Homesale Realty bought an office building at 2600 Eastern Blvd. in Springettsbury Township and plans to move its staff there in mid to late September, according to Rod Messick, the firm’s CEO.Homesale Realty plans to […]

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Regional construction firm changes hands

When Seth Hughes first stepped onto a construction site as a teenager, he didn’t think about owning a construction company someday.But as his career advanced, it started to emerge as a goal, Hughes said.The goal is now a reality. Hughes has purchased Mechanicsburg-based Mowery Construction from its previous owner, David Cross. The pair began laying the groundwork for […]

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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

Former Harrisburg hospital for sale, eyed for apartments

A piece of Harrisburg history is on the market — and potentially headed for a makeover.Penn Center Harrisburg, the former Polyclinic Hospital campus, is being listed at an asking price of $22 million — and with a sketch plan showing the office property as an apartment complex.“I think that the office need in Harrisburg is low,” said Michael […]

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Regional real estate firms merge

One of the region’s largest residential real estate firms just got larger.As of July 12, Lancaster-based Berkshire Hathaway HomeServices Homesale Realty has absorbed Brownstone Real Estate, adding two offices and 38 agents in Lebanon and Hershey.Terms of the merger were not disclosed.“After 51 years in business, it was important for us to join a company […]

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West Shore construction firm on the move

RLS Construction Group LLC is investing nearly $1.5 million to buy and remodel the former Hampden Township municipal building at 230 S. Sporting Hill Road.The new location in Cumberland County will allow the company to consolidate operations that are currently at two locations, said Bob Schopfer, owner, president and CEO of RLS Construction.The company has […]

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Former N.B. Liebman store sold

A prime Carlisle Pike property has changed hands.A New York-based partnership paid nearly $5.5 million in June for the former home of N.B. Liebman Furniture at 4705 Carlisle Pike in Hampden Township, according to Cumberland County deed records.The site — which was owned by members of the Liebman family — was once eyed as a […]

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Penn State in deal to sell on-campus hotels

Penn State trustees voted this week to move ahead with a deal to sell two on-campus hotels to a third-party operator, Ardmore-based Scholar Hotel Group. Under the proposed agreement, Penn State would keep the land and lease it, while Scholar would buy The Nittany Lion Inn and Penn Stater Hotel and Conference Center in State […]

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Developer lifts curtain on plans for federal building

A developer is filling in some of the details on its plans to transform the Ronald Reagan Federal Building in Harrisburg into “The Federal” — a 200-unit luxury apartment building crowned with a rooftop bar and a pair of restaurants.Developer Global Ocean Investments had already unveiled a goal of remaking the 250,000 square-foot building it […]

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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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