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Category: Real Estate

Legal

Court extends time for bankruptcy sale of Harrisburg apartments

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

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Legal

Feds object to bankruptcy sale of Harrisburg apartments

Federal housing officials are objecting to the proposed sale of Governor’s Square, a beleaguered Harrisburg apartment complex whose owner declared bankruptcy last 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. HUD […]

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Entrepreneurship

Deal could take Lanco tiny-home firms public

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 build […]

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Nonprofit

Project dubbed “significant addition” to Lancaster’s affordable housing stock

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 office […]

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Government

Shapiro budget includes $500M focus on industrial sites

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. The […]

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Legal

Lebanon judge backs vote against solar project

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

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Real Estate

Concerns raised over pending sale of Harrisburg apartments

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, have […]

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Real Estate

Court OK sought for NJ firm to buy Harrisburg apartments

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 […]

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Legal

State court backs developer in warehouse spat

A state appeals court has sided with a local developer aiming to build a warehouse complex in Swatara Township, Dauphin County.The decision is the latest in a long-running battle over whether warehouses should be allowed on tracts along Route 322 east of Harrisburg, near Penhar Drive.State court shot down a previous developer’s efforts in March 2022. A […]

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