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Comcast's Commitment to Growing in Philadelphia Pays Credibility Dividends for City

"It's a great thing when you put smart people together," says Brad Korman. "It's a great opportunity to branch outside the real estate realm and hear how other business leaders and change-thinkers are looking at the world and what they do, and how that impacts what they could be doing in their industries."

By Steve Lubetkin | Updated on January 16, 2018

CEO & Leadership Symposium featured (from left) Brad Korman, co-CEO, Korman Communities; Jake Reiter, president and CEO, Verde Capital, private equity firm; Carl Dranoff, president of Dranoff Properties; Meryl Levitz, president and CEO, VISIT Philadelphia; and David Cohen, senior executive vice president, Comcast Corporation. (Steve Lubetkin Photo/StateBroadcastNews.com) CEO & Leadership Symposium featured (from left) Brad Korman, co-CEO, Korman Communities; Jake Reiter, president and CEO, Verde Capital, private equity firm; Carl Dranoff, president of Dranoff Properties; Meryl Levitz, president and CEO, VISIT Philadelphia; and David Cohen, senior executive vice president, Comcast Corporation. (Steve Lubetkin Photo/StateBroadcastNews.com)

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.

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