Tuesday's proposed budget in the Pennsylvania statehouse would balance dollars in the commonwealth, but according to SEPTA's treasurer, it makes no sense. Rich Burnfield told Philly.com Wednesday that proposed cutbacks to public and multimodal transportation would force SEPTA to cut service by 40 percent and raise fares by 20 percent by January. GOP leaders say the budget savings won't affect current programs, but SEPTA claims $357 million will get axed for transit across the state, with SEPTA already warning of at least 500 layoffs if it passes.
Speaking of a rough commute, every biker in Philly knows this feeling: You're looking for a spot to lock your bike before work or running an errand on the way home and every rack or sign post on the block is taken. Is our seemingly apparent bike parking spot shortage downtown real? We found out there's 4,000 bike parking spaces in Center City, and, on paper, that might actually be enough.
A plan is in the works at Temple University to provide housing for students recovering from addictions. The Board of Trustees will vote on the matter in December, but things got moving last March when a bill was proposed to the student government. Donations have been coming in since then, with an expected total of $100,000 before the vote this winter. Here's how student recovery housing would work.
The Houston Rockets were sold this week for $2.2 billion, the richest sale in NBA history and roughly $600 million more than the team's valuation in February. According to Forbes, the Sixers were worth $800 million back then, but with another first round pick, a state-of-the-art facility in Camden and all the buzz in the world, how much are the Sixers worth now? We asked two leading sports economists in the city this question: Sixers owners bought the team for $280 million in 2011, could the team be worth almost 10 times that now?
We're teaming with Fishtown Hops to kick off the riverside beer garden's Fall Fest. It's the first night of NFL football, but there's also tons of other great stuff to look forward to, like $4 Jefferson bourbon cocktails, $4 drinks with $1800 tequila, buy one get one apps, the first fall beers, and fire pits where you can roast your own s'mores. Admission is free, but registration is required (link below). See you there!
Where: Fishtown Hops at 1001 N. Delaware Ave. 19125
When: September 7, 2017 from 5:00 p.m. to 11:30 p.m.
How much: Free admission with RSVP
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In just the few short years since its founding, REC Philly has provided lots of necessary back-end resources for local musicians. The company announced yesterday that its Free Thinkers program is live, allowing musicians to become members in exchange for perks like shipping and merch fulfillment, prioritized facility booking and more. Read more about the company and founder Dave Silver, who was just named to our Who's Next: Music list.
Don't let the name fool you. Everything at Factory Donuts is homemade. The Mayfair shop, located just across the street from the architecturally famous Stein Florist, opened in August, and is serving 23 flavors of donuts in a storefront inspired by those in Northern Liberties. Meet the couple making it all happen.