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Binswanger Brokers the Sale of the ''KYW'' Building to the National Museum of American Jewish History.


PHILADELPHIA -- First graph, first sentence of release should read: Representing the seller, Stephen Associates... (sted Representing the buyer...).

The corrected release reads:

BINSWANGER BROKERS THE SALE OF THE ''KYW'' BUILDING TO THE NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY The National Museum of American Jewish History is a museum in Center City Philadelphia, located just nearby the city's main historical attractions Independence Hall and Liberty Bell within the Independence National Historical Park.  

Representing the seller, Stephen Associate, Binswanger is pleased to announce the sale of 101 South Independence Mall Independence Mall is a description of several places including:
  • Independence Mall is a part of the Independence National Historical Park in Philadelphia, PA.
 to The National Museum of American Jewish History. The total sale value was $9,500,000.

The existing four-story building is slated to be leveled and a state-of-the-art museum is planned. It is to include an efficient exhibition area, gift shop, rental opportunities and a potential on-site parking facility. James Polshek James Polshek (born 1930, Akron, Ohio) is an American architect currently living in New York.

Polshek served 15 years as the dean of Columbia University's Graduate School of Architecture, Planning and Preservation.
, of the award-winning New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 firm Polshek Partners, is the lead architect on the project.

"This site is perfect for The National Museum of American Jewish History," commented John K. Binswanger, Chairman. "They will greatly add to an area of the city already teeming teem 1  
v. teemed, teem·ing, teems

v.intr.
1. To be full of things; abound or swarm: A drop of water teems with microorganisms.

2.
 in history."

Known as the "KYW KYW Know Your Watershed
KYW Know Your World
 Building", the property was designed by Ewing Cole and built in 1971. It has been home to some of Philadelphia's most prominent media, including CBS-3 Television, KYW 1060-AM and WYSP 94.6-FM. In fact, the building was the original home of the Phil Donohue Show. Located in the heart of the historic district, this premier site is located in close proximity to Independence Hall, the Liberty Bell and the Constitution Center. It also is easily accessible via public transportation, particularly SEPTA's Market Frankford Line.

Established in 1976, The National Museum of American Jewish History attracts over 40,000 visitors each year and is the only museum in the nation dedicated exclusively to collecting, preserving and interpreting artifacts artifacts

see specimen artifacts.
 pertaining to the American Jewish experience.

Headquartered in Philadelphia, PA, Binswanger is an international, full-service real estate organization with over 160 offices worldwide throughout the U.S.A., Canada, Mexico and South America, the U.K. and Europe, the Middle East, and Asia. Cooperating in the transaction was Brasler Realty and Financial Services.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 28, 2006
Words:326
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