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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Housing

Water running in a Philadelphia home's sink
Community

Some Philadelphia residents could lose water access as annual shutoff moratorium comes to a close

About 4,500 Philadelphia residents could lose access to their water, according to city officials — an 80% drop in potential water shutoffs compared to pre-pandemic times.

2 months ago

Mo Rushdy speaks
Urban Planning

Philly developers can build workforce housing, but they say eliminating delay in acquiring land is key

A Philly developer says affordable housing can be built quickly, but delays in acquiring land can derail city efforts to do more.

2 months ago

Listen 1:11
Cherelle Parker giving her speech at a podium
PlanPhilly
Politics & Policy

‘No more important issue’: Mayor Parker outlines ambitious housing plan amid ongoing crisis

Monday’s address provided the first substantive details of the administration’s Housing Opportunities Made Easy initiative.

2 months ago

Vacant lot in South Philly.
PlanPhilly
Politics & Policy

After long hiatus, Philadelphia Land Bank will begin bidding on vacant properties

The public agency’s board of directors approved an agreement with the Philadelphia Sheriff’s Office on Saturday.

2 months ago

Jeffery Young Jr. claps
PlanPhilly
Urban Planning

A zoning bill meant to punish ‘bad actors’ passed in Philly City Council, but some argue it’s simply more red tape

Opponents argue the changes would overwhelm the city’s zoning board while supporters hope it would curb nuisance businesses in Philadelphia neighborhoods.

2 months ago

Listen 1:03
N.J. Capitol building
Politics & Policy

N.J. committee passes bills to stop big rent increases, prevent property hoarding and improve communication about affordable housing

A N.J. Assembly committee approved bills to give residents better access to affordable housing information, and keep renters from getting evicted.

2 months ago

Listen 1:15
Lori Peterson speaks to protesters
PlanPhilly
Courts & Law

West Oak Lane tenants say their landlord illegally collected rent for months. Now they’re suing

The class-action complaint calls on Odin Properties to make Bentley Manor safe and repay tenants who unlawfully paid rent.

2 months ago

Listen 1:13
Rowhouses in Philadelphia’s Spring Garden neighborhood
PlanPhilly
Urban Planning

Philly rental inspections are complaint-driven. Housing advocates want to change that

Unlike other big cities, rental properties are not inspected proactively. Amid an affordable housing crisis, advocates say that’s putting low-income tenants at risk.

2 months ago

Listen 1:12
Mayor Cherelle Parker smiles
Politics & Policy
Billy Penn

Mayor Parker pushes to slash business taxes and spend millions on housing

Tax plan favored by business leaders faces pushback from community advocates.

2 months ago

Mayor Cherelle Parker speaks
PlanPhilly
Urban Planning

‘They need it now’: Parker proposes ‘historic’ investment to expand Philly’s housing supply

The mayor’s latest budget proposal calls on the city to borrow $800 million to create and preserve more affordable and market-rate units across the city.

2 months ago

Listen 0:57
The Cecil B. Moore Library in Philadelphia’s Sharswood neighborhood.
PlanPhilly
Urban Planning

North Philly residents reject proposal to build new Cecil B. Moore Library that includes housing: ‘We resoundingly do not want that’

At a packed town hall, City Councilmember Jeffery Young proposed replacing the library with a mixed-use building. It didn’t go well.

2 months ago

Listen 1:24
Lorraine O’Neill visits Longwood Gardens with her mother, Liz O’Neill, joined by her father and brother.
Community

A hidden housing crisis: The fight for stable homes for Delaware adults with intellectual and developmental disabilities

Advocates are pushing for more resources to help adults with disabilities in Delaware who live with aging parents.

2 months ago

Listen 2:04
A view of the Roundhouse building.
Urban Planning
Billy Penn

Planning director discusses Roundhouse, Greyhound station, housing push

City planners are open to renovating or demolishing the historic former police headquarters.

2 months ago

Several homes on a residential block
PlanPhilly
Urban Planning

Philly tax sales resumed nearly a year ago. The land bank still hasn’t bid on any properties

The public agency has funding to acquire new parcels for affordable housing and community gardens, but is still not a priority bidder.

2 months ago

Listen 1:23
Apartment buildings in Center City.
PlanPhilly
Urban Planning

Philly added 8K housing units in 2024. Nearly half of them were in Greater Center City

The increase is partially tied to a building boom that researchers expect to abate this year as supply catches up with demand.

2 months ago

Listen 1:26
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