Tag: barnes foundation

Parkway’s Family Court Building Now Has 3 Luxury Hotel Proposals

family court building

Photo by Beyond My Ken via Wikimedia Commons

In October 2012, the city’s Philadelphia Industrial Development Corporation (PIDC) issued a Request for Qualifications from developers for the acquisition of the Family Court Building at 18th and Vine (court operations are moving to 15th and Arch). PIDC made one thing abundantly clear: They were only accepting proposals “from qualified and experienced development firms with the demonstrated ability to successfully design, finance, and develop historic properties of a similar size, cost, scope, and complexity.” Which narrowed it down. Significantly.

Of nine contenders, three are currently left standing. Logan Square Holdings, which counts Ken Goldenberg as one of its investors, would bring Fairmont Hotels & Resorts. Carl Dranoff would join HRI Properties of New Orleans to create a Starwood Hotels & Resorts property. And Philly’s P&A Associates and the Peebles Corp., which has long had interest in this area, would bring another Kimpton Hotel to town.

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For Sale: The Former Home of Albert Barnes, the Man Behind the Barnes Foundation

albert barnes house

Photo: Laura Kicey

It took Dr. Michael Toaff and his wife five minutes to decide they were going to buy Albert Barnes’s Merion estate in 1988. That was all the time the owner would allow for them to make up their minds. “She had a watch,” Toaff said. “I ran through the house.” He made an offer for $5,000 more than the asking price on the spot. He also waived mortgage contingencies. At more than 10,000 square feet on two of the four stories alone, that’s quite a dash.
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