Headlines

Proposed Condo Development Stuns Business Owners on Philadelphia’s Jewelers Row

Published

8 years ago

August 22, 2016

Developer vows to respect the area’s history.

Jewelry store owners on Philadelphia’s famed Jewelers Row are stunned by a developer’s plans to demolish five buildings and build a 16-story condominium structure, the AP reports. The article says that no public hearings regarding the development have so far been held, because the developer isn’t seeking zoning changes. Dating to the 19th century, Jewelers Row is a block-long district that is the site of more than 300 jewelers, engravers, watch vendors and diamond dealers. It isn’t historically protected. The developer, Toll Brothers, says it plans to engage the community and build a structure that respects the area’s history.

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”