PHILADELPHIA, PA—A strong commitment to local expansion from one of the city's marquee companies is cementing the credibility of Philadelphia as a realistic choice for businesses and other organizations considering relocation, according to the heavyweight panelists at last week's CEO & Leadership Symposium hosted by the Jewish Federation of Philadelphia at the Ballroom at the Ben in Center City.
The Philadelphia real estate market has transformed over the past decade from one with stagnant property values, lackluster sales of condominiums, and slow growth in retail and offices.
“Things are booming in Philadelphia,” says Carl Dranoff, president of Dranoff Properties. “The rental market is good, there are new skyscrapers, millennials are graduating from our universities and staying, Comcast is adding thousands of jobs, office users are coming into Center City because it's where the workers are, and we have baby boomers too, that are moving back to the city.”
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
