City Transfers Control of North Philly Properties to PAID for Potential Redevelopment Opportunities

Official:Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to transfer to the Philadelphia Authority for Industrial Development, for nominal consideration, some or all of the City's interest in certain parcels of land, with the buildings and improvements thereon, located in an area bounded by North Front Street, Wildey Street, Leopard Street and Richmond Street; certain parcels of land, with the buildings and improvements thereon, known as 1101-19 North Front Street, located on the east side of North Front street; and certain parcels of land, with the buildings and improvements thereon, known as 1043-47 North Front Street, located on the east side of North Front Street, for further conveyance.