PM Headlines: SA VA and Sugar Mom’s Close, Paseo Verde Opens

Because you’re bored at work, and you might as well know what’s going on in the world.

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• “‘You have reached the number of a business that has closed.’ That’s what you’ll hear if you call the phone number for Sugar Mom’s, the storied Old City bar at 225 Church Street.” [Foobooz via Glamorosi Magazine]
• SA VA’s owner on her store closing: “It’s as much a personal life choice as it is a business decision. If I was 27 instead of 37 I would have likely made a different choice.” [Shoppist]
• North Philly’s new Paseo Verde, a project from Asociacíon Puertorriqueños en Marcha, “is transit-oriented, sustainable — receiving LEED Platinum— and community-oriented with housing and a technology center as well as retail space.” Sigue adelante! [Phila Biz Journal]

• Hmm. This can’t be good: “Ocwen Financial Corp., an Atlanta-based mortgage servicer that bought GMAC Mortgage last year, issued layoff notices to 800 employees, including 244 in Fort Washington, Pa.” [Phila Biz Journal]
• Tomorrow: Groundbreaking for Philadelphia Episcopal Cathedral and Radnor Property Group’s 38Chestnut, the $110 million mixed-used development at 38th and Chestnut. [West Philly Local]
• Fun with lists: “Ten Big Changes Coming to North Broad Street” [Curbed Philly]