Jake Blumgart

Each Comcast tower individually, to be clear, not together!

A suburban office park in Chester County is getting converted to apartments. Is it a sign of things to come?

A suburban office park in Chester County is getting converted to apartments. Is it a sign of things to come?

The suburbs have been lagging Philadelphia in replacing vacant offices with housing.

‘The Worst-Case Outcome Is Complete Chaos’ Donald Trump’s plans to oust the Iranian regime, which led to the death of Ayatollah Ali Khamenei, made some of his advisers nervous, The Atlantic reports. Read about what went into the decision to at...

This is an analysis very much worth a read: www.theatlantic.com/national-sec...

📊 NEW Reuters poll:

* 1 in 4 Americans approve of Trump’s attack on Iran

* 55% say Trump has used too much military force in second term

🔗: www.reuters.com/world/us/jus...

Push from Saudis, Israel helped move Trump to attack Iran The president launched a wide-ranging attack on Iran after weeks-long lobbying by an unusual pair of U.S. allies in the Middle East: Israel and Saudi Arabia.

“Secretary of State Marco Rubio indicated to lawmakers that the mission’s timing and goals were shaped by the fact that Israel was going to attack with or without the United States”

www.inquirer.com/news/nation-...

The Role of Historic Preservation in the Rise of New York Mega-Mansions Ultra-rich buyers are carving out mega-mansions in historic NYC neighborhoods. Also: Oslo’s new government quarter aims for openness

The final form of historic preservation is a Gilded Age mansion where 10 apartments used to be: www.bloomberg.com/news/newslet...

www.inquirer.com/politics/fet...

‘Clothespin building’ is slated to become a hotel and up to 500 apartments after office vacancy crisis tanked the price Centre Square was once Philadelphia's largest office complex, besting even the Comcast towers in terms of square footage.

This was very fun report and write: www.inquirer.com/real-estate/...

Democrats see Iraq echoes in Trump’s Iran war The party that swept to power in Congress by campaigning against Middle East wars 20 years ago sounds confident that history will repeat itself.

Interesting Andy Kim interview

www.semafor.com/article/02/2...

Analysis | Republicans are boosting Jasmine Crockett ahead of critical Senate primary The Washington Post’s essential guide to power and influence in D.C.

"Republicans in Texas, and nationwide, are looking to boost Rep. Jasmine Crockett (D-Texas) in the closing days of the state’s Democratic Senate primary."

www.washingtonpost.com/politics/202...

High-End Construction Really Does Help Everyone A new rung at the top of the housing ladder permits people lower down to climb up.

www.theatlantic.com/ideas/2026/0...

The Rise of the Manhattan Mega-Mansion In the West Village and other historic neighborhoods, buyers are consolidating apartments and combining townhomes, a sign of New York’s allure to the ultra-rich.

Behind the preserved historical facades, the ultra-rich are buying up adjacent townhomes in the West Village and Upper East Side, combining them into a megamansion. It's part of a broader trend of small multifamily buildings being turned into single-family homes. www.bloomberg.com/graphics/202...

Big Tech Is Buying Up America’s Land—and Home Builders Can’t Compete Resistance grows to more land sales in Northern Virginia. “They’d rather have homes than data,” said a former Prince William County supervisor.

"In Texas, prices for land along U.S. Route 67 near Dallas, which three years ago sold for between $20,000 to $40,000 an acre, have jumped to more than $350,000 an acre in some places" so home builders can't compete www.wsj.com/real-estate/...

A suburban office park in Chester County is getting converted to apartments. Is it a sign of things to come?

A suburban office park in Chester County is getting converted to apartments. Is it a sign of things to come?

The suburbs have been lagging Philadelphia in replacing vacant offices with housing.

Tech Has Never Caused a Job Apocalypse. Don’t Bet on It Now. Neither theory, history nor the latest data suggests a recession driven by AI job dislocation is likely.

"Today, the sums being plowed into data centers far exceed the revenue AI is currently generating. A bust that brings down the economy isn’t my baseline. But at least it has a precedent, unlike the AI apocalypse that preoccupies folks now."

www.wsj.com/economy/jobs...

Mamdani and Trump Discuss Housing at ‘Productive’ Meeting in Washington

City Hall declined to provide any further detail, but the mock-up of the Daily News cover touting 12K new units of housing is possibly a reference to Sunnyside Yards, the massive rail yard in Queens over which the city has long dreamed of building 12K units of housing www.nytimes.com/2026/02/26/n...

when instagram comments make news (Young says he was just kidding) www.inquirer.com/politics/phi...

A suburban office park in Chester County is getting converted to apartments. Is it a sign of things to come? The suburbs have been lagging Philadelphia in replacing vacant offices with housing.

I talked to a lot of Philadelphia developers about why its been so much harder to replace struggling offices with housing in the suburbs than the city. For all the complaints about Philly not being business friendly, its much easier to build here in many cases: www.inquirer.com/real-estate/...

Centre Square office complex under agreement to sell for large-scale redevelopment - Philadelphia Business Journal Two local developers have a deal in place to buy Centre Square with plans to convert its mostly vacant office towers into as many as 500 apartments and a 300-room hotel.

Huge news! Two of the three emptiest buildings around City Hall are slated for redevelopment: www.bizjournals.com/philadelphia...

Pam Bondi Hit With Embarrassing New Setback in Court A judge criticized the Justice Department’s handling of the case, saying it could not be trusted to conduct a review of a reporter’s devices on its own.

The judge concluded that the government could not be trusted to review the reporter's devices independently.

A six-story Hyatt Studios hotel is planned for the Broad Street Diner site The proposed hotel would include 105 hotel rooms and 42 underground parking spaces.

Interesting! The hotel that is planned to replace the Broad Street Diner was removed from next week's Civic Design Review agenda: www.inquirer.com/real-estate/...

People Loved the Dot-Com Boom. The A.I. Boom, Not So Much.

"Perhaps this is why A.I. regulation is one of the few issues that a divided America seems united on. Eighty percent of Americans want rules for A.I. even if that means the technology develops more slowly." www.nytimes.com/2026/02/21/t...

Johnny Gaudreau’s dream was to be an Olympian. His family lived it for him, in a moment fit for a ‘movie.’ “Every time I think ‘All right, now it’s time to move on, we’re not going to have all this support,’ they don’t [move] on,” said Katie Gaudreau of USA Hockey’s tributes to her late brothers on Sunday.

ICYMI: www.inquirer.com/flyers/johnn...

Rite Aid site near Italian Market will be redeveloped into condos and townhouses The pharmacy's parking lot is beloved by Angelo's customers, who use it as a dining hall.

Looks like demolition permits were just pulled for the old Rite Aid in the Italian Market, depriving Angelo's customers of a favored place to hork down slices www.inquirer.com/real-estate/...

Pennsport apartment tower secures $150 million construction loan, plans to break ground next year Brevet Capital aims to break ground in the first quarter of 2027.

Big news this morning about the Pennsport tower proposed last year. The developer announced a $150 million construction loan from a Mexican bank, which signals a serious intent that previous projects lacked www.inquirer.com/real-estate/...

Fed's Waller doesn't expect AI to blow up job market Federal Reserve Governor Christopher Waller said on Tuesday he doesn’t expect the adoption of artificial intelligence technology to totally upend the job market in the U.S.

Fed's Waller: "I don't think you're ever going to take the humans out of the picture and AI is going to do everything and we're going to be left working the drive-through window at McDonald's."

Bomb Bomb Bar revives a classic South Philly Italian seafood spot with panache and care Preserving the character of an old neighborhood tavern is hard. But with the Bomb Bomb Bar & Grill, chef Joey Baldino of Palizzi Social Club fame proves once again that he has a golden touch.

every one in philly should go here for a fancy date night www.inquirer.com/food/craig-l...

The Citrini fuss exposes a market looking for an excuse to fall Fear > insight

"The most important thing about the post is not what it says. It is that the stock market has reached the point where blog posts cause significant stock moves...evidence that we are in an expensive market that is looking for an excuse to fall, for reasons that are probably wider than just AI"

Pennsport apartment tower secures $150 million construction loan, plans to break ground next year Brevet Capital aims to break ground in the first quarter of 2027.

Big news this morning about the Pennsport tower proposed last year. The developer announced a $150 million construction loan from a Mexican bank, which signals a serious intent that previous projects lacked www.inquirer.com/real-estate/...

Donald Trump’s ‘Board of Peace’ explores stablecoin for Gaza [FREE TO READ] Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive

No-one:
Literally nobody ever:
Trump's Board of Peace: stablecoins for gaza? hear me out...

as.ft.com/r/d057626b-6...