Michael Yaron’s career, convictions | SEPTA’s budget woes | Germantown CDC builds board | Xfinity Live sneak peek | Centennial restroom rehab | Globe Dye as incubator
The Daily News profiles Old City developer Michael Yaron, tracing his career trajectory from chemist to well-heeled developer, and his rebounds from two former convictions. Yaron could face 20 years for federal wire- and mail-fraud from pay-to-play schemes.
PlanPhilly’s Anthony Campisi explains SEPTA’s looming budget gap, which could mean higher fares and/or cuts to service in the coming years. SEPTA predicts a $100 million budget shortfall in 2015 thanks to the draining of the agency’s rainy-day fund and diminished state and federal funding. This comes despite increased ridership.
Germantown United is seeking board members, reports Amy Z. Quinn for PlanPhilly/NewsWorks. The application is online and due in April.
The Business Journal has a behind-the-scenes peek at Xfinity Live. The huge new entertainment complex in the stadium district is set to open on March 30.
Two of the four remaining buildings original to the Centennial District are coming back to life thanks to the Friends of the Japanese House and Garden. NewsWorks reports that the two brick buildings, constructed as comfort stations, are being restored. One will become an exhibition space for Friends of the Japanese House and Garden.
The Northeast Times checks in with a cupcake baker and chocolatier who share a commercial kitchen in Frankford’s old Globe Dye Works building. Both women have been able to grow their businesses thanks to their move to Globe.
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