Friday, May 31, 2013

Royal Theater

PlanPhilly, in an article entitled Universal Seeks OK to Demolish Most of Royal Theater, indicates that Universal (the current owner of the Royal Theater) submitted this application to the Philadelphia Historical Commission on April 29. Universal is contending that "the city should grant a partial demolition permit because the non-profit developer faces financial hardship. That assertion, made in a sworn affidavit accompanying the demolition application, is difficult to reconcile with the fact that at least one buyer has made a contingency-free $3.1 million offer for the Royal and some surrounding lots to Universal."

1 comment:

  1. Does anyone have any more information about this?