Tag: Dranoff Properties

Llenrock Local: Developers Pitch Velodrome Concept; New Life for Chocolate Factory; Royal Theater Conversion Moves Forward

Llenrock News

Please enjoy this week’s edition of the Llenrock Local: Philadelphia may soon welcome a….. velodrome. Project 250, a partnership of local bicycle racing proponents, intends to construct a $100 million olympic-sized indoor bike track on four acres of FDR Park in South Philadelphia. The…

Llenrock Local: SEPTA Brings Good News for TODs; Midtown Village Attracts Tech; Major Multifamily Deals in Center City

Llenrock News

Please enjoy this week’s edition of the Llenrock Local: In another sign of Philadelphia’s growing preference for mass transit, SEPTA extended its experimental 24/7 weekend service indefinitely. This announcement comes after SEPTA set yet another record for regional rail ridership. The region’s growing reliance on mass transit should result in…

The Mensch & Schlemiel of the Week

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Mensch:  Noun, informal. A decent, upright, mature and responsible person.  Schlemiel:  Noun, slang. An awkward, clumsy, or unlucky person whose endeavors tend to fail; a loser. Mensch of the Week: Carl Dranoff, Dranoff Properties Today’s Mensch is Carl Dranoff of upscale multifamily…

Luxury on South Broad

No self-respecting luxury developer makes “apartments” anymore. Nowadays, high-end residential units are called “lofts.” If you ask me, calling apartments “lofts” is like saying vahz instead of vase. Also, many of today’s so-called lofts are ground-up developments, rather than converted…

The Reburbs

On average, an American spends over $8,000 per year to own and operate a car. Well over a quarter of that sum is simply for gas.  This alone demonstrates the need for more efficient transportation solutions in today’s communities, a…