Philadelphia, the one-time bastion of American industrialism and development, is now home to more than 40,000 vacant properties, not entirely inclusive of the more than 35,000 city-owned, blighted properties. If the city could find an efficient way to dispose of its hundreds of millions of dollars of real estate, any budget shortfall would be covered multiple times over, and then some.
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How Philadelphia Can Foster Development Without Speculation
The Legal Intelligencer
August 15, 2012
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