From Planning to Seizing | A Timeline of the Eminent Domain Process

Eminent Domain Chronology Philadelphia Pennsylvania

Eminent domain projects are taking off across Pennsylvania. Thousands of homes and businesses are being acquired. In the Sharswood neighborhood of North Philadelphia, crews recently demolished the Blumberg Complex to make space for new developments. 1300+ residents are being relocated — and the city is using the power of eminent domain to carry out its plans. If you’re a property or landowner, you may find a condemnation notice in your mailbox at some point. Though the laws vary from state to state, this chronology will walk you through the process in Pennsylvania: Step 1: Condemnor Identifies a Need Step 2: …

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Gas prices on the rise in Philadelphia

Gasoline prices have remained steady for the nation, but not for Philadelphians. As of this morning, the average price for a gallon of gasoline in Philadelphia is $2.73. Gas in New Jersey remains near $2.53, and the nation is looking at an average of $2.69 a gallon. However, this time a year ago gas in Philly averaged $4.16 a gallon, so be sure to keep your complaints in perspective If you’re in southerneastern Pennsylvania and are aware of gas bargains, please drop us a comment and share the savings with our readers!

City of Philadelphia plans to cut funding to PCDC

For over three decades, the Philadelphia Commercial Development Corp. has provided financial support to local minority businesses and start up companies. To date, much of the PCDC’s funds are received from state and federal grants provided by the city of Philadelphia. In early July, the city plans to cease its funding of PCDC, and to redirect those funds, in whole or in part, to other established goverment agencies. According to city officials, the two primary functions of PCDC, lending to small businesses and development of commercial properties, will continue without any interruption, but will be handled through the city’s Commerce Department.  “Lending will …

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Record High Unemployment Numbers

Unemployment rates continue to rise. An estimated 2.6 million jobs were lost in 2008, the most since 1945. A shocking 11.1 million people were unemployed as of December 2008. In December, the unemployment rate was reported to be as high as 7.2 percent, which is up from 6.8 in November. Employers are not only cutting back on staff members, but also cutting back on hours of operations. Larger companies, such as Walgreens, have announced layoffs to continue clear into 2009.