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

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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.

Read more at AP

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If It’s Time to Consolidate, It’s Time to Call Wilkerson

When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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