After closing more than 200 branches in 2023, PNC Bank said yesterday it is aiming to spend $1 billion over the next four years to renovate 1,200 branches nationwide and open 100 new ones in some of the country’s fastest-growing cities Banks are cutting branches. But they also have been opening them in markets where they see […]
Fulton Financial has named an interim CFO following the resignation last week of Mark McCollom, who had been the bank’s finance chief since 2018. A regulatory filing and press release issued Friday did not disclose the reason for McCollom’s departure. Lancaster-based Fulton has named Beth Ann Chivinski as interim CFO while it conducts a formal search process to fill the […]
A bumpy financial road is prompting local banks to tap the brakes on lending. Banks are still making loans. However, they may not be as aggressive in courting new business. Nor are companies eager to add debt, with interest rates still elevated and the economic outlook uncertain. A quarterly survey of bank loan officers by the […]
Lancaster-based nonprofit lender Community First Fund has filled a pair of C-suite roles. Elizabeth Bennett has been named the lender’s CFO, while Ed Gallagher has been named chief credit officer. Bennett worked most recently as CFO for Pennsylvania College of Art & Design in Lancaster and has also held finance roles at Lancaster Theological Seminary and Ephrata-based D&E Communications. Bennett succeeds Lloyd […]
A pair of longstanding local banks are coming together in a merger valued at $207 million. Under the all-stock deal, dubbed a merger of equals, the York County-based parent of PeoplesBank is merging into Shippensburg-based Orrstown Financial. The combined bank — which will take the Orrstown name — would have assets of roughly $5.2 billion and a network of 51 […]
Thanks to a single deal, Linkbancorp went this year from doing business in one state to doing business in five. That deal was the bank’s merger this fall with Maryland-based Partners Bancorp. The all-stock deal closed at the end of November, followed by a bankwide conversion to the Linkbank brand over the first weekend in December, according to Andrew Samuel, […]
State officials are directing federal funds toward venture capital firms they hope can jumpstart early-stage tech companies in Pennsylvania. The firms are Allegheny County-based BTVC Fund I LLP, which is receiving $1.5 million, and Atlanta-based Metallum Ventures LP, which is getting $2.25 million. The funding, announced yesterday, comes from the State Small Business Credit Initiative, a federal program that […]
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 […]
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, […]
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, […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Business groups are decrying a recent directive from Gov. Josh Shapiro designed to increase the state’s use of project labor agreements, deals that generally require the use of union labor on public projects. Issued last week, the directive calls on state agencies to review contract solicitations for capital projects to determine which ones would be good fits […]
Everything is bigger in Texas, including spending on roads, bridges, pipes and other infrastructure. “It’s the place to be in our world,” said Bob Scaer, CEO of engineering firm Gannett Fleming. “And you can’t penetrate that by hiring a person to start growing. The only way in is acquisition.” For Camp Hill-based Gannett Fleming, that acquisition […]
About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a nonprofit focused on creating affordable housing, with a focus on people experiencing homelessness. Their first project was the purchase and conversion of a single-family home at 639 E. Chestnut St. Over the next decade, the […]
Efforts to redevelop the former Red Lion Country Club in York County have taken a second hit. At a meeting on Feb. 27, zoning officials in York Township voted 3-2 to deny a developer’s request for a special exception to allow age-restricted housing under the property’s current zoning, which is for commercial office. “I don’t […]
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 […]
State officials have narrowed the list of projects they are considering for a new funding program designed to prep industrial sites for development. The program, announced last fall by the Shapiro administration, drew more than 100 applicants seeking a total of more than $236 million. Officials are now focusing on a short list of 32 […]
A Maryland developer has revealed its vision for what will replace the Harrisburg Mall, a longtime suburban destination destined for the wrecking ball. Baltimore-based St. John Properties is proposing a roughly 550,000 square-foot development — dubbed Swatara Exchange — that includes a mix of retail and commercial buildings, with a smidgen of office space. While the plan calls for […]
Kinsley Properties and Royal Square Development & Construction have formed a joint venture to convert a vacant office building in downtown York into a 43-unit apartment. The 38,000 square-foot building is the former Fox Bakery at 204 N. George St., not far from WellSpan Park. Construction on the $7 million project began this week and is expected to wrap […]
Two years after christening a brand-new headquarters in Cumberland County, West Shore Home has opened its third corporate office. This one is an 82,000 square facility in the Dallas suburb of Irving, Texas, that includes office space for more than 120 employees. “West Shore Home is growing at an explosive rate and this is the next step in our goal […]
Contractors typically face some liability for issues that arise after they finish their work for a property owner. A Supreme Court ruling this week potentially expands that liability. In a split opinion, justices ruled that a contractor could be held liable for allegedly defective work even if the property owner knew there was a problem. Under […]
The ground may be cold but battles over land use in Central Pennsylvania are heating up. Residents and developers are clashing on several fronts across the region. Not surprisingly, proposed warehouses are among the sharpest points of contention. Large-scale solar projects have triggered outcries, as well. But disputes also have arisen over housing, most notably in […]
With spending on bridges and highways expected to ramp up, a Florida-based investment firm has bought into Flagger Force, a Hummelstown-based company whose crews can be found directing traffic around work sites. Blue Sea Capital said yesterday it had invested in Flagger Force as part of a strategic partnership to support the company’s growth. Terms of the deal […]
York County has lost two of its most prominent business and philanthropic leaders. Brothers Jonathan and Timothy Kinsley died Monday while on a skiing trip in British Columbia. Jonathan, 59, was an executive with York-based Kinsley Enterprises, which oversees the Kinsley family’s business assets, including Kinsley Construction. Timothy, 57, was president of Kinsley Properties, a real estate development […]
Construction on $15 million affordable-housing project in Lancaster city is pulling closer to the starting bell. The developer, a Lancaster-based real estate investment fund called OZFund Inc., has landed a low-interest $1.8 million loan to help cover the costs of stormwater remediation and a “green roof” for the project, which is slated for 800 S. Queen St. […]
Robert Grubic is retiring as CEO of the engineering firm that has borne his name for just over four decades. As of the end of this year, the next CEO of Harrisburg-based Herbert Rowland & Grubic will be Jason Fralick, who has been its president since 2019.Grubic plans to remain chairman of the board at the employee-owned company.“HRG […]
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 […]
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 […]
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 […]
As part of an effort to create and preserve affordable housing in Lancaster County, a startup nonprofit has acquired Stonecreek Court, a 60-unit apartment complex in Ephrata Township. It is the first acquisition for the nonprofit, Lancaster Housing Works, which is backed by a $10 million commitment from the Lancaster-based High Foundation. The apartment complex was […]
The Chocolate Avenue Grill in Derry Township, Dauphin County plans to open a second location this summer in the former home of Grateful Goat Brewing at 1300 Camp Hill Bypass in East Pennsboro Township, Cumberland County. The grill announced its plans for the West Shore spot in October. But the property sale did not close until December, according to […]
As employers struggle to bring workers back to the office, they face a new wrinkle, one that did not exist before the pandemic-induced pivot to remote work. Depending on the job, the option to work from home is becoming an accepted accommodation for people with disabilities. “Definitely the trend is heading in that direction,” said […]
Kimberly Cashman has been named an audit principal in the insurance practice at regional accounting and advisory firm Brown Plus. Cashman brings more than 20 years of experience in accounting, audit and financial reporting leadership. She began her career in public accounting serving property and casualty insurers, “I’m excited to join Brown Plus and be […]
Sadler Health Center has hired two providers for its dental services offices in Carlisle, Loysville and Mechanicsburg. Dr. Christa Peyton is seeing patients at the Carlisle and Loysville locations, and Naomi Mulgrew, a registered dental hygienist, is serving patients at Sadler’s Mechanicsburg facility. Dr. Peyton has a bachelor’s degree in biology with a minor in […]
Justin Conner has been named senior vice president and market executive for the capital region for Mifflintown-based Pennian Bank. He succeeds Lew Davey, who is moving into a role focused on commercial lending in Cumberland and Perry counties, according to a Pennian spokesperson. Conner worked most recently as market leader in the capital region for Univest […]
Investors from Lancaster County are suing a State College hotel operator for allegedly misleading them before and after they invested in a Mechanicsburg-area hotel. The federal lawsuit accuses Shaner Hotel Group with supplying “false, misleading and incomplete information” while it was marketing the hotel investment in 2018. The suit further alleges that Shaner’s management of the hotel […]
John Feichtel has joined Saxton & Stump as an equity shareholder in the law firm’s suburban Harrisburg office. Feichtel, who has more than 30 years of experience, is a member of the law firm’s corporate healthcare and life sciences group, with a practice that also spans the business and corporate and real estate groups. His […]
A four-story office building and former home of an Arooga’s Grille House & Sports Bar at 201 N. Second St in downtown Harrisburg is in new hands. A partnership called RMN Group LLC paid $850,000 for the 20,000-square-foot building, according to county deed records. RMN shares an address with LBR Properties, a real estate and property management firm based in […]
Steel Works Apartments in Steelton has been acquired by West Chester-based Saba Apartments LLC. The partnership paid $6.25 million for the 42-unit building at 224 N. Front St., according to county deed records. The seller was Wormleysburg-based Integrated Development Partners, which built the apartments in 2022 and 2023. Integrated was represented in the deal by agents of […]
Daniel Pavlovic has been named director of business valuation at Trout CPA. It is a new role for the Lancaster-based professional services firm, which aims to expand its business valuation practice. Pavlovic worked previously for national firms including KPMG and RSM. At Trout, he will work with Michael Wolfe, a partner in the firm’s business valuation practice. Companies […]
After leading Armstrong World Industries Inc. for nearly a decade, president and CEO Vic Grizzle is moving into a new role as a precursor to his eventual retirement. Effective April 1, Grizzle is slated to become executive chair of the building products manufacturer based in Manor Township, Lancaster County. He is being succeeded as president and […]
Warehaus, a York-based architecture and engineering firm, has promoted three executives. Craig Campbell has been named architectural project director, Travis Kepler has been named architectural process director, and Joe Stein has been named civil project director. Campbell, who has worked at Warehaus for 31 years, now oversees project and team administration across the architectural department […]
Sarah Moreland and Laura Reuter have been promoted to senior counsel at Lancaster-based law firm Saxton & Stump. Moreland is a member of the regulatory and government affairs group in the firm’s Harrisburg office, where she supports clients with advocacy, regulatory analysis, research and a range of government relations matters involving federal, state and local […]
Redevelopment of the former Harrisburg Mall in Swatara Township, Dauphin County, is slated to get underway this year. Baltimore-based St. John Properties Inc. said this week that it plans to begin construction on the first phase of the project, which is bringing a mix of commercial, retail and flex space to the property along Paxton Street. […]
York-based human services agency Community Progress Council plans to pay $2 million for the current home of the York County Economic Alliance in York, where the nonprofit aims to centralize services. The nonprofit, known as CPC, currently has its main office and operates early childhood education programs at a former elementary school at 226 E. College Ave. […]
A state appeals court has rebuffed a company challenging a state tax reassessment, the latest ruling in a string of decisions related to laws governing the use of past operating losses to reduce corporate tax bills. This one goes back more than a decade. In 2013, Dow Chemical Co. used past losses to offset all its […]
Karl Burns has been named chief commercial officer of Wifinium, a new position for the York-based wireless infrastructure company, according to a company spokesperson. Burns worked most recently for CommScope, a Texas-based firm that sold its connectivity and cable solutions business this year. Burns also worked previously as director of strategic partnerships and development at Boingo Wireless and as […]
Accenture, which has landed some big-ticket state contracts, has opened an office in downtown Harrisburg at 20 N. Second St. The international professional services firm is leasing about 3,100 square feet on two floors of the building, which is also home to lobbying and communications firm Bravo Group. Accenture, which also has an office in Philadelphia, […]
In a party-line vote, a House panel approved legislation on June 12 to exempt Pennsylvania sales taxes from so-called swipe fees — the fees assessed to process transactions involving credit cards. Fourteen Democrats on the committee voted for the legislation, House Bill 2394, while 11 Republicans were opposed. The exemption would mean that on a $1 […]
Pennsylvania banks and credit unions are pushing back on proposed state legislation that would exempt the sales-tax portion of retail purchases from so-called swipe or interchange fees — the fees charged by financial services companies for processing credit card payments. The fees are typically 1% to 3% of a transaction. Under the exemption, on a […]
State officials are taking another crack at finalizing proposed rules that would make it easier for Pennsylvania residents with criminal records to earn professional licenses in fields ranging from accounting and nursing to cosmetology and real estate. The Department of State, which oversees professional licensure, issued a revised version of the rules this month after an earlier draft […]
Contractors and some lawmakers are pushing back against efforts to change how Pennsylvania officials apply prevailing wage law, which sets a floor for wages on publicly funded construction projects. Their target is legislation before the state House and Senate that critics argue will drive up costs for public works. “It’s simply the wrong solution for […]
In a ruling handed down last week, a Pennsylvania court overturned an effort by health officials to recall hundreds of vaping products previously approved for use in the state’s medical marijuana program. The controversial recall, ordered in February 2022 by the Pennsylvania Department of Health, was tantamount to a regulation, according to the ruling in […]
In a regulatory proposal published this month, Pennsylvania tax collectors are offering up a revised definition of business income, a move that sounds innocuous on its face. But observers question whether the new definition would do more than just clarify which corporate profits are subject to state taxation. The proposed changes, the observers say, could […]
An Atlanta-based IT staffing company has settled federal claims that it failed to protect confidential health information after Pennsylvania officials hired the company to oversee contact tracing during the Covid-19 pandemic. The company, Insight Global LLC, has agreed to pay $2.7 million to resolve allegations that its handling of data violated the federal False Claims Act, […]
Following a flurry of comments from customers and consumer advocates, state utility regulators altered the penalties imposed on electric utility PPL Electric Utilities over billing issues that led to overcharges for some customers, among other problems. In a 3-2 vote on April 25, the Pennsylvania Public Utility Commission approved a settlement agreement requiring PPL to provide more […]
State officials may be taking another swing at drafting rules designed to make it easier for people with criminal records to earn professional licenses in Pennsylvania. That’s because a regulatory review panel gave the latest version a thumbs down at a meeting last week. Members of the Independent Regulatory Review Commission were concerned about some […]
A Harrisburg lobbying firm has formed a business affiliation with a Philadelphia-area law firm. Under the arrangement, lobbying shop The DT Firm and law firm Lamb McErlane will refer clients to each other, said Joel Frank, chairman and managing partner of Lamb McErlane. While many law firms have created in-house lobbying divisions over the last few years, Lamb McErlane […]
In a series of bipartisan votes yesterday, a state House panel approved a package of four bills designed to tweak the process for selling public water and sewer systems to private companies. The tweaks would amend a state law known as Act 12, which paved the way for greater consolidation of local water and sewer systems. Advocates […]
Business groups are decrying a recent directive from Gov. Josh Shapiro designed to increase the state’s use of project labor
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, […]
Disgruntled taxpayers in Pennsylvania would have a new option for disputing their tax bills under legislation approved yesterday by a state Senate panel. Sponsored by GOP state Sen. Tim Hutchinson, the bill would create an independent settlement process, potentially avoiding protracted court battles over tax bills, according to its supporters, which include the Pennsylvania Institute of CPAs and […]
Appearing March 13 at a Scranton union hall, Gov. Josh Shapiro laid out plans for speeding up Pennsylvania’s shift to cleaner forms of electricity while creating jobs and capping carbon emissions from the power sector. The plans aim to bridge differences that have long divided environmentalists, labor groups, lawmakers and others with a stake in […]
Earlier this year, Gov. Josh Shapiro rolled out a plan for economic development in Pennsylvania that is expected to unfold over the next decade. Progress is likely to be measured in shorter increments of time. State lawmakers, who are being asked to fund parts of the plan, could start asking for results by next year. […]
Efforts to redevelop the former Red Lion Country Club in York County have taken a second hit. At a meeting
Noncompete clauses were the focus when federal regulators moved to outlaw most of them earlier this year. But there are other employment provisions that can have the same “functional effect” as noncompetes, according to the Federal Trade Commission. And one subtype of those provisions is coming under scrutiny in Pennsylvania. They are provisions that require […]
The legal roller coaster continues for a York County winery fighting with neighbors over its ability to continue operating. In a ruling last week, a York County judge allowed Moon Dancer Vineyards & Winery to reopen this past weekend while the fight plays out in a state appeals court. It is the second time the winery has […]
Harrisburg officials are allegedly hindering the sale of a beleaguered apartment complex in the city’s uptown neighborhood, according to claims raised in federal bankruptcy court by the complex’s owner, Uptown Partners LP. At issue is a list of roughly 600 crucial code violations at the affordable-housing complex, known as Governor’s Square City officials have not shared […]
A York County winery overlooking the Susquehanna River is being forced to close for the second time this year following new rulings in a long-running legal dispute with neighbors who argue the winery violates restrictive covenants governing use of the property. Moon Dancer Vineyards & Winery must cease operations by July 18, according to an order […]
McNees, a regional law firm based in Harrisburg, has named Sara Reohr as its CFO, a new leadership role for the firm. A CPA by training, Reohr was previously a vice president and division controller for Select Medical, a Mechanicsburg-based rehab chain. At McNees, Reohr will oversee strategic financial initiatives. “As a growing and evolving firm, […]
Moon Dancer Vineyards & Winery is poised to reopen this weekend following a court order rescinding an earlier ruling that closed the 50-acre winery and event venue overlooking the Susquehanna River in Lower Windsor Township, York County. The winery shut down June 9 after it lost a six-year land-use battle with neighbors who claim the business violated restrictive […]
Moon Dancer Vineyards & Winery, a winery and event venue overlooking the Susquehanna River in Lower Windsor Township, York County, was forced to close as of June 9 as the result of a court order in a six-year-old legal battle between winery owner Jim Miller and neighboring homeowners Matthew Balsavage and Amanda Perko. In a […]
In a lawsuit filed May 31, a federal consumer watchdog is alleging that the Harrisburg-based Pennsylvania Higher Education Assistance Agency misled student borrowers into thinking they still owed money after their student loans were discharged through bankruptcy. The crux of the lawsuit is a distinction between two types of student loans — those that can […]
In a ruling handed down last week, a Pennsylvania court overturned an effort by health officials to recall hundreds of
The Pennsylvania Supreme Court has agreed to hear a case involving application of prevailing wages to a $17.2 million build-to-lease project for a State Police barracks and training center in Luzerne County. Administrative rulings sought to apply prevailing wages to the project, based on the notion that the state’s 20-year lease for the property essentially […]
A Dauphin County winery and related businesses have filed for bankruptcy as they look for a buyer for their operations. Spring Gate Winery parent company Schoffstall Farm LLC filed for Chapter 11 bankruptcy protection on May 14 after experiencing six-figure losses in 2021 and 2022, according to a petition before U.S. Bankruptcy Court for the Middle District of […]
A new twist is complicating the bankruptcy case of Uptown Partners LP, the Maryland-based owner of Governor’s Square apartment complex in Uptown Harrisburg. The company managing the affordable-housing complex, Landex Management LLC, is asking the court to void its contract with Uptown Partners, arguing that the owner is not providing enough resources to manage the beleaguered property […]
The Pennsylvania Supreme Court decided this week not to accept an appeal from Gratz Borough over a lower-court ruling that favored a company seeking to develop a solar farm in the northern Dauphin County municipality. The appeal followed a Commonwealth Court ruling last fall that the borough failed to properly advertise a meeting where it set stricter zoning standards […]
The state’s top court has agreed to hear a case that turns on whether employers must pay for CBD oil and other over-the-counter products under Pennsylvania’s workers’ compensation program. The Pennsylvania Supreme Court will consider several questions, including whether workers’ comp law requires employers and their insurers to reimburse injured workers who buy CBD oil and […]
An Atlanta-based IT staffing company has settled federal claims that it failed to protect confidential health information after Pennsylvania officials
Ben Ried and John B. Zonarich entertained merger proposals from other law firms. But none seemed as right as the union they unveiled yesterday between their respective Harrisburg firms, Mette Evans & Woodside and SkarlatosZonarich LLC. “There were other opportunities,” Zonarich said in an interview with biznewsPA. “But there were no other opportunities like this.” […]
In a case that drew national attention, Pennsylvania’s highest court backed a married couple seeking a bigger award after winning a lawsuit against an insurer they accused of engaging in fraud and negligence when it sold them a life insurance policy. In 2020, an Allegheny County jury found the insurer, Ameriprise Financial, liable for $120,570 […]
Following a flurry of comments from customers and consumer advocates, state utility regulators altered the penalties imposed on electric utility PPL
Over the last few weeks, real estate agents have begun bracing for the end of a common practice in home sales. It’s not the 6% commission, which agents argue is something of a misconception. It is the ability to signal that a homebuyer’s agent will be paid from the proceeds of a sale along with […]
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 […]
A regional nonprofit is poised to spin off its senior-living operations to a larger peer based in Missouri. Topton-based Diakon, which has a finance and support center in Middletown, has agreed to merge its senior-living subsidiary into St. Louis-based Lutheran Senior Services. Terms of the transaction, expected to close this summer, were not disclosed. “This was a […]
About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a
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 […]
Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared bankruptcy last year In 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. […]
A tiny-home startup in Lancaster County is poised for the big time. A publicly traded shell company has agreed to buy Tiny Estates LLC and two related companies, Endeavor Tiny Homes LLC and Tiny Communities Fund LLC. The companies are led by CEO Abby Shank, a former KPMG auditor-turned-entrepreneur who started a tiny-home community outside Elizabethtown in 2018. Shank, who went on to […]
Lancaster-area officials, nonprofit executives and business leaders gathered yesterday to mark the next step in a nearly four-year journey to redevelop the former UPMC Lancaster campus along College Avenue. Nonprofit developer HDC MidAtlantic broke ground Feb. 7 on the first phase of redevelopment — a $23 million, 64-unit affordable-apartment building at 213 College Ave., the site of a vacant […]
As part of his budget proposal for the state’s next fiscal year, Gov. Josh Shapiro is offering a remedy to the shortage of ready-for-business industrial spaces in Pennsylvania. It is a $500 million, bond-funded expansion of PA SITES, a program the governor rolled out last year on a pilot basis with $10 million in funding. […]
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, […]
Tenants are raising a legal hurdle to the proposed sale of an affordable-apartment complex in uptown Harrisburg. A New Jersey firm bid just over $9.6 million to buy the complex, known as Governor’s Square, from its current owner, Uptown Partners, which filed for bankruptcy protection last year. The tenants, represented by an attorney from a Harrisburg-based nonprofit, […]
The bankrupt owner of an apartment complex in uptown Harrisburg is seeking court approval to sell the property to a New Jersey firm. ANCDI Properties is offering to pay just over $9.6 million for Governor’s Square, beating out two competing bids, according to a filing in U.S. Bankruptcy Court for the Middle District of Pennsylvania. “My […]
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 […]
Chris Dreisbach believes in second chances. He has made the most of his after succumbing to substance-use disorder and landing in jail in his native Lehigh Valley. The path to recovery led Dreisbach to a halfway house in Lancaster County, where he has since built a life, several businesses and a reputation as someone passionate […]
A York city authority has purchased the former Dentsply Sirona campus and plans to turn it over to a developer expected to bring new life to the 17.3 acre site between West College Avenue and the Codorus Creek The $4.25 million sale, which closed in late December, is the culmination of more than a year of talks […]
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: […]
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 […]
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 […]