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Casinos

Blatstein Gives Up Controlling Interest in Piazza and Liberties Walk

Posted by Foobooz on February 7th, 2013

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The Philadelphia Inquirer is reporting that Bart Blatstein has sold 60% of his interest in the Piazza at Schmidts and Liberties Walk. Kushner and Oaktree Capital Management L.P., a real estate investment fund are the buyers and the Inquirer estimates the deal is worth $130 million to Blatstein.

It would appear the deal gives Blatstein a cash infusion for his North Broad casino project, The Provence.

Blatstein sells controlling interest in Piazza, Liberties Walk [Philadelphia Inquirer]
Deconstructing Bart Blatstein [Philadelphia Magazine]

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America’s Oldest Italian Restaurant Opening in King of Prussia

Posted by Aubrey Nagle on September 11th, 2012

Ralph’s Italian Restaurant, which recently inherited the title of oldest Italian restaurant in America thanks to the closing of San Francisco’s Fior D’Italia, is opening another location. This time the Philadelphia classic is opening its doors in King of Prussia. If that wasn’t odd enough, it’s opening in the new 180-room Sheraton Valley Forge.

Read on for the full menu and more.

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Tale of the Tape: SugarHouse Casino

Posted by Foobooz on September 17th, 2010

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Philadelphia’s first casino, the SugarHouse Casino opens on the Delaware Riverfront in Fishtown on September 23rd at 1:30pm. Two million visitors are expected to visit annually. 1,600 slot machines and 40 live table games will span the gaming floor. The casino will feature a full-service restaurant, sports bar and 24-hour grab-and-go eatery.

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