Philadelphia Inquirer article focuses on favorable news for firm client, a real estate developer

Philadelphia Inquirer article focuses on favorable news for firm client, a real estate developer
Hurdle cleared in plan to convert factory to theater
June 4, 2013
Jennifer Lin
Philadelphia Inquirer

Real Estate Partner Anthony P. Forte is mentioned in this article about plans to convert an old Ajax factory in Fishtown, a neighborhood in Philadelphia, into a music venue.

The hurdle involved a modification into the number of parking spaces the firm client would have to provide. The Philadelphia Zoning Board concurred with the city Planning Commission to reduce the number of required parking spots from 1,500 to 500.

The developer is working to finalize an agreement to secure the parking by using a lot owned by the state Department of Transportation. “We can’t pick up our zoning permit and building permit until we nail down that lot,” Forte said. “As soon as we get the clearances and documents from PennDot, that would be the final green light.”

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