US EditionWarner & Swasey faces $2M gap, needs help – NEOtrans
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Warner & Swasey faces $2M gap, needs help – NEOtrans
Perhaps as early as Monday, affordable housing developer Pennrose LLC of Philadelphia will get a deed and the keys to the hulking mass of brick. concrete, steel and memories that is the Warner & Swasey Co. factory, 5701 Carnegie Ave. The hope since 2018 has been to turn this long-vacant site into affordable housing. But if money was as abundant as hope for this property, its redevelopment wouldn't have experienced a new, $2 million setback.
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