Market East : In The News

The East Wing of Reading Terminal Market is getting an overhaul, with five new stalls and a demonstration kitchen planned, according to uwishunu.

Established in 1892 at 12th and Arch Streets, beloved local icon Reading Terminal Market is the nation's oldest continuously operating farmers' market. The always-abustle market sells everything from Amish baked goods and deli fare to city specialties like cheesesteaks and Famous Fourth Street cookies, while events and cooking classes showcase Philadelphia's vibrant dining scene. Given its storied history and constant usage, it's no wonder that the market is due for an exciting renovation.

Source: uwishunu
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The Baltimore Sun writes about the can't-miss-this quality of this year's Philadelphia International Flower Show.

Feeling a little winter-weary? Escape from the season of snow and ice to a refreshing look at spring at "Springtime in Paris," the 2011 Philadelphia International Flower Show that begins today at the Pennsylvania Convention Center in Philadelphia.

Featured in "1,000 Places to Visit Before You Die," Philly's flower show is a must-see for flower and garden lovers. Each year, at least 60 florists, professional landscapers and horticultural and educational organizations create breathtaking, full-scale gardens and floral displays. Many have taken as long as 18 months to prepare.

Source: The Baltimore Sun
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In an attempt to raise money for extensive renovations of its 184 year-old home, the Philadelphia History Museum has sold 2,000 items, joining a growing (and somewhat controversial) list of museums who are using their collection to pay bills, reports The New York Times.

A galloping horse weather vane sold for about $20,000, and the cigar store Indians brought in more than $1 million. A Thomas Sully oil painting of Andrew Jackson netted $80,500, and a still life by Raphaelle Peale, part of the family that put portraiture in this city on the map, was auctioned at Christie's for $842,500.

These were just a few of more than 2,000 items quietly sold by the Philadelphia History Museum over the last several years, all part of an effort to cull its collection of 100,000 artifacts and raise money for a $5.8 million renovation of its 1826 building.

In doing so the museum stepped into the quicksand of murky rules, guidelines and ethical strictures meant to discourage museums everywhere from selling collections to pay bills. It is one of the hottest issues in the museum world today. With budgets shrinking in a bad economy, the pressure to generate revenue is growing along with fears that museums are squandering public trusts meant to preserve the artifacts of the past for future generations.

Original source: The New York Times
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Beauty and style editor Ysolt Usigan goes on a whirlwind tour of our city, dispelling the New York elitist notion that we're its "sixth borough," reports The Huffington Post.

When it came to partying, two speakeasies, and I was had! Once defined as "an establishment that illegally sells alcoholic beverages" in the '20s and '30s, I discovered two venues with that feel nestled in Philadelphia's Penn Center neighborhood. First stop: the sexy Ranstead Room. With entrances through El Rey's kitchen and outside on the street (just look for the door marked with double Rs), I had cocktails with names so complicated I can't even remember them. Even though it was quite dim inside, the naked ladies gracing the walls were hard to miss. The venue is hot, to say the least.

From vintage shops to lux salons, even vast department stores with plenty of preppy and chic options to boot, there's no question--Philly knows style. I picked the best time to visit the city, too, with the Philadelphia Collection 2010 series underway. From September 23 to October 2, the city's many boutiques, stylists, designers and modeling agencies were hosting various independently produced events.

Original source: The Huffington Post
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Our sister publication Keystone Edge writes about Malvern biopharmacetucial startup Recro Pharma, among the new breed of companies presenting at the annual Biotech 2010 conference in Philadelphia.

There's no denying that the down economy has been rough for the life sciences sector. When industry news website FiercePharma listed the 10 companies that laid off the most workers in 2009, seven firms on the list had a presence in the Keystone State. But Chris Molineaux, president of the statewide advocacy group Pennsylvania Bio that is hosting its annual Biotech 2010 event next week, says the upheaval of Big Pharma represents a new model for the industry.

No longer will huge companies try to do every task under one corporate banner, Molineaux says. Already, it's increasingly common to outsource tasks like information technology, financing and the administrative aspects of clinical drug trials. Researchers remain in-house or come to a company through an acquisition.

"It's going to be more of a patchwork. We're not going to have 15 large pharmaceutical companies," Molineaux says. "We'll probably have 50 medium-sized pharmaceutical companies and dozens of these smaller contractors."

Original source: Keystone Edge
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The Wall Street Journal breaks down the movie madness in Philadelphia, where the 19th annual Philadelphia Film Festival kicked off last week with a visit from Black Swan director Darren Aronofsky.

Festival organizers were clearly hoping to open the festival with a bang and overshadow the confusion over Philly's cinematic scene that sprouted two years ago. Originally, TLA Entertainment and the Philadelphia Film Society (PFS) sponsored the Festival. In late 2008, creative differences arose between PFS founder Ray Murray and PFS members. There were also arguments over how to approach fundraising.

According to Claire Kohler, the director of production of Philadelphia Cinema Alliance, when the "personality clashes" and differences became "pronounced," Murray and TLA formed the Philadelphia Cinema Alliance (PCA), a competing organization that would also produce its own film festival called CineFest. In short, PFS puts on the Philadelphia Film Festival, which runs in the fall, and PCA puts on CineFest, which took a break in 2010 but which will run in spring 2011.

Original source: Wall Street Journal
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The travel section at Ireland's Herald.ie is high on Philadelphia for a variety of reasons, imploring the Irish to visit for our safe downtown, good eats and arts and culture.

It's puzzling why Philly isn't on most Irish people's radar. It's more historic than Boston, as Irish as Chicago, 30pc cheaper to live in than New York and has a food culture to match San Francisco.

The city centre proper, (known as Center City) is thriving, unlike many US urban areas. Sections of 15th Street are hubs of restaurants and nightlife, while the area's aptly titled Avenue of the Arts is the local equivalent of London's West End or New York's Broadway theatre districts. The best bit? It feels perfectly safe to walk around, by day or night (don't try this at home, kids).

Original source: Herald.ie
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A new report by the Pew Charitable Trusts indicates an encouraging trend of more people moving into Philadelphia since 1993, reports The Philadelphia Inquirer.

According to the Pew report, the number of people moving into the city has increased steadily, up from 31,837 in 1993 to 42,250 in 2008.

Overall, the number of people moving out of the city is growing less rapidly, increasing slightly from 47,291 in 1993 to 52,096 in 2008.

"I would say the trend is looking as if we may be seeing a reversal of long-term decline in city population," said David Elesh, sociologist and demography expert with the Metropolitan Philadelphia Indicators Project at Temple University.

Original source: The Philadelphia Inquirer
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The St. Louis Post-Dispatch travel section mentions booing Santa Claus but quickly moves on, digging deeper than most national media last week to reveal the insider's view of Philadelphia.

Once you get beyond the fighting fa�ade, Philadelphia is a city of tiny secret gardens, a diverse art and theater scene, a crazy diverse food/pub scene and a thousand walkable historical monuments and museums. Also, it's cheap as can be. You've got to work to spend $15 on a martini.

I moved here six years ago from St. Louis. The things I loved about St. Louis are the same things I love about Philadelphia--people are friendly, the streets have the same names (you copycats!) and there's no need to go to any chain restaurant ever.

Original source: St. Louis Post-Dispatch
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Wildly successful entrepreneur Jassi Chadha has brought his expertise to TiE-NJ/Philadelphia, a newer chapter of the global entrepreneurship organization, reports SiliconIndia.

TiE NJ-Philly is an offshoot of TiE Tristate. New Jersey and Philadephia had quite a lot of entrepreneurs who would often find it difficult to make it to New York for various events of the Tristate. Hence the need for a chapter in this geographic area became a necessity. Today under the leadership of Chadha, the TiE-NJ-Philly Chapter is helping the budding entrepreneurs in this geography to realize their goals and dreams by conducting various events, providing mentoring, and networking opportunities.

"There are aspects of entrepreneurship like optimism, excitement, energy, and a sense of adventure that is inspiring to read and get excited. It also drives people to do more and pursue big dreams. However, the path of entrepreneurship is often lonely, hard, and the journey hectic with challenges of different sorts. That's why entrepreneurs need to be supported and find the right support in programs that TiE offers," says Chadha.

Original source: SiliconIndia.
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Members of the Norfolk Arts Commission visited Philadelphia last week to get a close-up look at some of the thousands of works of the Philadelphia Mural Arts Programs, reports The Hour.

"I was blown away by how these community murals in Philadelphia brightened the neighborhoods. It's inspiring to hear the stories of how these murals got made, and how it brought the community together," Becker said. "This is how to revitalize neighborhoods and instill a sense of pride, something I see Norwalk needs help with."

Launched in 1984 to combat graffiti, the city of Philadelphia Mural Arts Programs now bills itself as the largest public art program in the United States.

Original source: The Hour
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The Philadelphia Inquirer reports on two online news publications that have launched recently, including yours truly.

As the market for news fragments, new models for journalism are emerging. Two of those experiments, Flying Kite and Patch, launched in Philadelphia last month.

"This is a fresh way to get fresh content about all the innovative things happening in our city," said Danielle Cohn, (Philadelphia Convention and Visitors) bureau spokeswoman.

Original source: The Philadelphia Inquirer
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