Pittsburgh Has Dim View Of Ads On Sign Above Point

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The sign in question is to the right of the tall building and the incline. Looks like a cement wall next to the trees on the cliff. Actually a billboard.

Picture this scrolling hundreds of feet above the iconic confluence of Pittsburgh’s three rivers: “Chipped ham, $1.39 a pound.”

That’s the plot Mayor Bill Peduto says his administration has foiled as it negotiates a new permit with Lamar Advertising for the company’s famous 32-foot-tall, 225-foot-long neon sign on Mount Washington, which has loomed over the Point since around the time of the 1929 stock market crash that triggered the Great Depression.

Bayer, which for years had pushed for upgrades to the dilapidated sign that was covered with a banner during the G-20 summit in 2009 like an embarrassing piece of furniture, finally dropped its nearly 22-year lease of the sign last summer. Lamar pledged to overhaul it. During its lifespan, the sign has also been graced by the sponsorship of Iron City Beer and Alcoa, and displayed the time and the temperature.

Mr. Peduto said Friday that the company is threatening to cease the improvements over his administration’s insistence that the sign not be used for advertising purposes beyond displaying a company name. Mr. Peduto said he was told his stance “killed” a deal with Giant Eagle to become the new sponsor.

Read more:

http://www.post-gazette.com/local/city/2015/05/23/Pittsburgh-has-dim-view-of-ads-on-sign-above-Point/stories/201505230071

Lancaster City Seeks Proposals For Bulova Building, Adjacent City Property

Lancaster city is formally seeking proposals for the vacant Bulova building and adjacent city-owned property in hopes of connecting a stagnant part of downtown.

The city intends to use eminent domain to take the Bulova building at North Queen and East Orange streets. That means the city would pay fair market value for the property and the building’s lien holders would then be paid.

The city issued requests for proposals on Friday.

Randy Patterson, the city’s economic development and neighborhood revitalization director, said the property is in a critical location downtown.

Read more:

http://lancasteronline.com/news/local/lancaster-city-seeks-proposals-for-bulova-building-adjacent-city-property/article_09f9f3de-00a7-11e5-84a4-17935f8a2998.html

Upscale Eateries Give Struggling Malls A Lift

After perusing a few boutique stores and getting her hair done at Rizzieri Salon & Spa at Moorestown Mall, Jamie McCulloh-Martin decided to go for dinner at Osteria a few doors down.

“I’ve been here more in the last 1½ years since [Osteria] opened than in all of my 22 years living in Moorestown,” said McCulloh-Martin, 50, owner of a physical therapy chain, who ate outdoors with her administrative director, Kelly Casio. “The mall is really changing, and for the better.”

In the new mall world order, you can taste Jose Garces’ tacos at Moorestown Mall, Bobby Flay’s burgers at Cherry Hill Mall, and filet mignon at Morton’s – the Steakhouse at King of Prussia Mall.

The mall and high-end restaurants have struck up a marriage that’s holding on to shoppers longer and generating a better return for powerhouse owners such as Pennsylvania Real Estate Investment Trust (PREIT) and Simon Property Group.

Read more at http://www.philly.com/philly/business/20150524_Upscale_eateries_give_struggling_malls_a_lift.html#61pW5raHst0VyXYE.99