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Fulton Bank

Gordon Roder has been named treasurer of Lancaster-based Fulton Bank. Roder previously held leadership roles at Third Federal Savings & Loan, Flagstar Bank and ABN AMRO. Roder will oversee Fulton’s corporate treasury and asset liability operations and guide the bank’s management of market and liquidity risks while advancing its long-term growth strategy. His hiring is not the only executive […]

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Regional bank agrees to $354M sale

Camp Hill-based LinkBancorp opened in 2018 following a round of consolidation that took out several banks in Central Pennsylvania. Now, with bank mergers again on the upswing, LinkBancorp is on the sell side. Alexandria, Virginia-based Burke & Herbert Financial Services Corp. has agreed to buy the bank in an all-stock deal valued at $354.2 million. The transaction, expected […]

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York County Community Foundation

Cathy Bolliger has been named director of grantmaking for the York County Community Foundation. Bollinger, who has worked at the foundation since 2014, will lead its grantmaking operations from application review through impact measurement, ensuring that every stage of the process advances long-term, equitable progress for York County. During her tenure at the foundation, Bollinger […]

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Penn State Health

Mumtaz Darbar has been named executive vice president and chief transformation officer at Penn State Health, a new role for the regional health system based in Derry Township, Dauphin County. Darbar was previously the system’s chief clinical and academic integration officer, a post she took in 2023. In her previous role, Darbar led efforts to […]

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Trustee seeks liquidation of Heller assets in lieu of reorganizing

The independent trustee overseeing the bankruptcy of Lancaster County business owner Daryl Heller wants to convert Heller’s case from a Chapter 11 reorganization to a Chapter 7 liquidation. It’s a matter of the finances, according to a filing this week by the trustee, Fred Stevens of New York-based law firm Klestadt Winters Jureller Southard & Stevens. […]

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Boyer & Ritter

Thomas Grossman is joining regional accounting firm Boyer & Ritter as a manager in the firm’s dealership group. An experienced accountant and CPA, Grossman recently worked as senior controller for a Philadelphia-area automotive dealership. He worked for another dealership, as well, over a career of nearly two decades. He also worked as a supervisor for […]

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Carlisle-area steel fabricator sold

Ritner Steel, a steel fabricator based in Middlesex Township, Cumberland County, has been acquired by Cranbrook Partners & Co., a Troy, Michigan-based investment firm that aims to grow the companies in its portfolio. Terms of the transaction were not disclosed. Cranbrook executives did not reply to emailed questions about the deal, which closed on Dec. 8. […]

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Giant closing ecommerce fulfillment centers in Lancaster, other PA locations

Carlisle-based grocery chain The Giant Co. is closing ecommerce fulfillment centers in Lancaster and four other places in Pennsylvania as it changes its approach to delivering groceries ordered online, a service known as Giant Direct. Giant is dropping its centralized model in favor of a store-based approach, according to company spokesperson Ashley Flower. Giant employees […]

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Jobless benefits bill clears final legislative hurdle

Tweaks to jobless benefits in Pennsylvania are heading to the governor’s desk. The state House yesterday followed the Senate in approving legislation that makes it easier for victims of domestic violence to qualify for unemployment benefits and delays benefit cuts that were scheduled to take effect next year. The changes drew bipartisan support, with Philadelphia-area Democratic […]

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Penn State Health

Penn State Health executives John Goodyear and Tara Gardne have been promoted to regional leadership roles for the health system, which is based in Derry Township, Dauphin County. Goodyear has been named regional COO and vice president for Cumberland County hospitals Penn State Health Hampden Medical Center and Penn State Health Holy Spirit Medical Center. He […]

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Court upholds $55M sewer sale amid conflicting takes on customer impact

In 2022, state utility regulators approved the $55 million sale of a Chester County sewer system. A state appeals court overturned the approval in 2023 over concerns that the transaction would boost costs for customers. In a ruling yesterday, Pennsylvania’s highest court reversed the appeals court and approved the deal between Aqua Pennsylvania‘s wastewater arm and the […]

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Land, retail space sold

Fortune Investment Properties LLC paid $2 million for a 57-acre property at 151 Wolfs Bridge Road in Middlesex Township, Cumberland County, according to county deed records. The seller was Carlisle Aerie #1299 Fraternal Order of the Eagles, which used the site as a picnic grounds. The property includes a 6,630-square-foot event center, an additional 1,500-square-foot […]

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Barley Snyder

Maria Di Stravolo Elliott has been named chair of the construction industry group at Lancaster-based law firm Barley Snyder. Elliott, a partner at the firm, previously chaired the group and returns to the role with extensive experience guiding clients through complex construction and real estate matters. She succeeds partner Christopher A. Naylor, who now leads […]

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Warehaus

Dan Creep and Erin Himmelberger have moved into director roles at Warehaus, a York-based design and engineering firm. The promotions allow company co-owners Troy Bankert and David Koratich to focus on their executive leadership roles. Bankert is president and CEO, while Koratich is COO. Creep, who has worked at Warehaus for more than two decades, has […]

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Bankrupt senior living provider eyes $41M asset sale

The assets of SpiriTrust Lutheran are heading to the auction block after the regional senior housing provider filed for bankruptcy protection in November. The York-based nonprofit has reached a tentative agreement to sell its senior living campuses and apartments to Concordia Lutheran Ministries, a senior living provider based in Butler County. SpiriTrust operates six retirement campuses and three […]

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Leadership resolutions for the New Year

Column by Richard Randall As 2025 comes to an end, leaders will naturally be thinking about how to position their

Acquisition expands regional CPA firm’s Lancaster footprint

Rregional accounting firm Brown Plus is acquiring Ross Buehler Falk & Company LLP, an accounting firm based in Manheim Township, Lancaster County. Terms of the transaction, which takes effect Jan. 1, were not disclosed. The deal bolsters Brown’s presence in Lancaster, where it has an office of 22 people. Ross Buehler adds 24 more, including partners Sean […]

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Data center boom could squeeze labor supply, raise costs

Data centers need a lot of electricity. But they also need electricians — and pipefitters and steelworkers and HVAC specialists and general laborers, among others — to get them up and humming. Thus, the boom in data center construction is likely to squeeze the supply of labor in areas like Lancaster, where data center projects […]

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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 […]

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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 […]

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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 […]

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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 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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New CEO, new partners for area law firms

Local law firms are starting the new year with new attorneys in their top ranks. And one even has a new CEO. That would be Lancaster-based Barley Snyder, which elected Jennifer Craighead Carey as managing partner and CEO for a two-year term starting in 2024. She succeeds Jeff Lobach, who had led the firm for a […]

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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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Court voids PA carbon-emission rules

A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf. At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee […]

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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 […]

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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 […]

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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 […]

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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, […]

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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. […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Marketing

Real Estate

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,” […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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

York-area firm buys former restaurant for new HQ

Doceo, a York-based technology services company, plans to move its headquarters this fall to a former Ruby Tuesday restaurant in York Township.The 6,000 square-foot space is larger than the 4,300 square feet the company currently rents in a multi-tenant building at 1499 S. Queen St. in Spring Garden Township, according to spokesperson Maya Miller. It […]

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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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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

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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Auction slated for York County hotel

Bidding is scheduled to open Jan. 31 in an auction for the 129-room Comfort Inn & Suites York, which is off Interstate 83 at 2250 N. George St. in Manchester Township.

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Giant, Harrisburg U team up on new ag research center

Seeded by a $1 million donation from grocery chain The Giant Co., Harrisburg University is hoping to plant a new center for agricultural research in the capital city.

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The region’s top real estate deals of 2021

The past year in Central Pennsylvania real estate was punctuated by some high-profile deals, as well as a torrid market for warehouses and other industrial properties. Here’s a look at what transpired in 2021.

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Firm snaps up West Shore warehouse

A New York investment firm paid $24.4 million for a roughly 255,000 square-foot warehouse in Hampden Township, Cumberland County, continuing a string of multimillion-dollar deals for area warehouses. The property, acquired by Brickman, is fully leased, according to real estate firm JLL Capital Markets, which marketed the building at 301 Railroad Ave.The seller was a subsidiary of a […]

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