The flurry of litigation around defunct ATM operator Paramount Management Group and its former principal, Daryl Heller is thickening.Investors in the ATM network are suing a South
The sale of United Fiber & Data, a York-based fiber optic company co-founded by former members of the rock band Live, has been finalized.The deal had been held up by the Pennsylvania Public Utility Commission, which had some questions about the transaction. But in a Jan. 10 letter, the agency signed off on the company’s sale to Lightpath, […]
It wouldn’t be a story about an insurance brokerage if it didn’t start with the volume of calls asking if the company is for sale.“It’s five a week,” said Mike Harter, CEO of McConkey Insurance & Benefits in Springettsbury Township, York County.But despite a wave of consolidation sweeping through its industry, McConkey is not on […]
The owner of a Gettysburg-area hotel prevailed in a court case that turned on questions of when to apply a state tax on real estate transfers.At issue was a transfer of properties between entities controlled by the same owner.State tax collectors argued that transfers in 2018 by Kunj Harrisburg LLC, which operates the Eisenhower Hotel & Conference […]
Green Image Lawn Care, a regional lawn-care company with offices in York and Lancaster counties, has been acquired by LawnPRO Partners, a platform backed by HCI Equity Partners, a private equity firm based in Washington, D.C. Terms of the transaction were not disclosed.Green Image is led by Luke Zimmerman and Ryan Freed, who are continuing to run […]
York County-based South County Brewing is planning to take over the former Pressroom restaurant in downtown Lancaster. The spot at 26 W. King St. will be the third for South County.Founded in 2011, the brewery also has locations in Fawn Grove and York Township in York County.When is this happening: The roughly 22,000 square-foot venue in downtown Lancaster […]
A York-area school board turned down a request by developer Inch & Co. to secure tax relief for a $35 million sports complex the company is building in North York. York-based company Inch & Co. was asking the Central York School District for relief through the Local Economic Revitalization Tax Assistance program, which phases in property tax […]
A 3,000 square foot Victorian-style brownstone at 1924 Market St. sold for $585,000 in an investment sale. Built in 1870, the home now is a mixed-use property. Tenants include Beyond Beauty Skin Therapy, a restorative skin care and facial salon, and two residential units. Tyler Matisse of Campbell Commercial Partners represented the seller in the […]
Officials in York have toiled for more than two decades to bring development to the Northwest Triangle, a former industrial tract along the Codorus Creek in the city’s northwest corner.They filled in pieces here and there over the years. On Oct. 10, they celebrated what is likely to be the final piece: a mixed-use project […]
Community First Fund has been awarded $40 million in new market tax credits, which it can use to support economic-development projects around the region. The credits are awarded annually by the U.S. Treasury on a competitive basis. Based in Lancaster, Community First was awarded $30 million in new market tax credits last year.Those credits are helping to […]
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