Allentown, Pennsylvania was once a thriving economic hub for retail in the 1970s but fell victim to decades of economic decline. Businesses and people fled the downtown area for the suburbs and the results were predictably poor.
Those tough times are finally over. Allentown is a revitalized city home to flourishing new businesses and is currently the fastest growing city in the commonwealth of Pennsylvania.
DKE Brother J.B. Reilly ’83 is a driving force behind that revitalization. Reilly was featured in a recent article titled ‘Allentown bets big to shed its former image’ by Tommy Andres on Marketplace.org.
Reilly and his company, The City Center Management Company, are building the new arena for the Philadelphia Flyers’ minor league team, the Phantoms. The PPL Center also features a membership gym and a new Marriot Renaissance hotel.
“Not only did we see a financial opportunity,” Reilly said, “We saw a community development opportunity.”
“There will be 3,000 more people working here [in September] than there were a year ago. And for a city like Allentown, that’s just extraordinary.”
Brother Reilly is a shining example of the true impact Rho Dekes can make in the community. We are proud of the leadership he displays both as a Trustee for the College and as a key figure in the turnaround of Allentown.
The New York Times covers an Allentown development project led by J.B. Reilly ’83. The $340 million development includes
More than 600,000 square feet of office and retail space is being built in the long-depressed center of this city, spurred by an unusual state-sanctioned project that permits revenues from tenants’ tax bills to be used to pay down some of the debt incurred during construction.
A five-block area of downtown characterized by dollar stores and low-budget pizzerias — signs of the decades-old decline in manufacturing and urban flight — is undergoing revival efforts that include plans for a hockey arena and a hotel.
The development leverages a tax program known as the Neighborhood Improvement Zone.
The strength of the improvement zone model is that it depends on the developer’s ability to attract revenue-generating tenants and is not based on state handouts, Mr. Reilly said. “They are pledging the tax revenues related to the developer’s project to the developer’s lender,” he said. “It’s really market driven. If the developer can’t attract tenants, then the developer’s going to be on the hook for repaying the loan.”
Read the full article here. Congratulations J.B.!
Rho Deke Ed McNally ’65 recently received the Greenip Award from the Lafayette College Alumni Association:
GREENIP AWARD: Ed McNally ’65
Recognizes an active alumni chapter officer based on voluntary service achievements over and above the faithful carrying out of regular officer assignments. Honors the memory of William Greenip ’44, former Alumni Association secretary.
Congratulations to Brother McNally and the recipients of other awards for their dedicated, which included 18 total fraternity and sorority members. This exhibits the useful citizenship and leadership that are central to Delta Kappa Epsilon’s values. You can read the College’s full coverage of the the 2013 Alumni Volunteer Awards Ceremony on Nov. 16, 2013 here. You can view and share photos of the event on flickr.
Lafayette College’s alumni updates website recently featured Brother Tom Neff ’59:
In February, trustee emeritus Tom Neff ’59 joined San Francisco-based private equity firm Carrick Capital Partners, LLC, as one of four special advisers on its executive team. In this role, he will participate several times a year in discussions on strategy, economics, and regulatory and employment issues. Neff also recently joined the board of Axiom Law, Carrick’s first investment.
Read the details about Brother Neff here.
Have alumni updates? Send them to us here!
The New York Law Journal recently reported Brother McCurdy ’82 was elected chair of the law firm Kelley Drye & Warren:
Kelley Drye & Warren has announced the election of Paul McCurdy as firm chair, succeeding John M. Callagy, who has been in the role since 1992. James J. Kirk, a partner in the real estate practice group, will continue to serve as managing partner, a role he has held since 2004. Mr. McCurdy, 51, said that among his goals as chair will be to create an environment for partners to become more engaged in firm governance; to continue to recruit high-quality lateral partners; and to build on Kelley Drye’s culture of “collegiality, inclusiveness, diversity, transparency, community service and pro bono.”
The Am Law Daily has more detailed information on Brother McCurdy’s background, the firm, and the selection process including:
The firm brought in consultants Dominick Volini and Bob Rosen from Healthy Companies International, a consulting firm McCurdy says a client recommended, to lead a thorough review of Kelley Drye’s governance structure. That review is not yet complete, says McCurdy, adding that his first goals as chair will be to successfully adopt new policies to shape the firm based on the feedback the consultants and firm leaders have gathered via their extensive interviews with the partnership.
Please join us in wishing Paul well in his new role of firm chair at Kelley Drye. Paul previously served as the President of the Rho House Association and President of the Lafayette College Alumni Association. He currently serves as a trustee of Lafayette College.
Congratulations to Brother Glen Woodbury ’85 for being featured in the Spring 2011 Lafayette Magazine for his work with the Center for Homeland Defense and Security. Woodbury believes that “Lafayette taught [him] the value of personal relationships, small organizational leadership, and how friendships really can be for life.” Surely many of the brothers of Delta Kappa Epsilon can relate to those life lessons. Congratulations again to Brother Woodbury, and his successes after Lafayette, and thanks to his services to this country. The article in its entirety can be seen at this link.
A brother dead and brothers mourning
Fill the heart with grief today,
And the earnest grasp fraternal;
Speaks, “a dear one passed away.”
Yes, no longer we shall greet thee
In the halls of DKE,
Yet thy name in sweet remembrance
Graven on our hearts will be.
We have parted, Brother, parted,
As we trust, to meet again
In a full unbroken circle,
Free from sorrow, grief and pain.
Brother Duncan Andrews ’57 passed away March 17, 2011. In addition to his NYTimes Obituary, Doug Lanpher (DKE’s Executive Director) sent along the following thoughts to all Rho Dekes:
I’m very sorry to hear about Duncan passing away. He was a true gentleman and I hope you had gotten to know him. When I worked for DKE in the late 1970’s he was very helpful to me in many ways, not only helping me in the DKE job but also in teaching a kid from Ohio how to survive in New York City. He served DKE in many capacities (including President of the Board, and Executive Director), was the main contributor and editor of the 150-year history book, wrote many articles for the Quarterly, and was a worthy successor to Mike Michaels as the Rho representative on the DKE Board. I had been in touch by phone with him over the past year and sent him the newsletter and Quarterlies, and he loved hearing news about DKE, even though he could not get out and enjoy the DKE Club any more. I made sure to let him know that his chapter was doing very well, and he was pleased to hear that. He had great DKE spirit and he loved the fraternity. Rho Chapter, and DKE, has lost a true friend, and he will be missed.
In the Bonds,
Brother Mitchell was recently featured in the Lafayette Alumni News:
When a small group of residents of Bear Creek Township, Pa., voted in 1993 to secede and form a separate borough, they elected Walter S. Mitchell Jr. ’66 as mayor. And, he’s been mayor ever since.
Read the full story for more information.
A recent Mercury News article discussing the benefits of college education included a brief interview with Rho Deke Ed Hollshwander ’76 regarding his experience at Lafayette College:
Ed Hollshwandner, owner of Document Systems Inc. in Walnut Creek, had a similar experience. Also valedictorian of his class, Hollshwandner, 55, had the opportunity to attend a major university, but instead chose Lafayette College in Pennsylvania. “That was a great college to go to because I really had no idea what I wanted to do when I got there. I could explore many interests that I probably could not have had I attended a bigger college.”
Thank you to Lafayette AISB Co-Chair Bill Messick ’68 from DU for forwarding this article.
One of our fellow Dekes, David Markowitz ’93, was recently featured in a WSJ Law Blog entry following his recent career move to Goldman Sachs.
At Goldman he will be a senior member of the litigation and regulatory proceedings group, which works on a broad variety of matters, said a spokesman for Goldman. “We are pleased that Mr. Markowitz is joining the company,” he said.
Markowitz served as the head of the investor protection bureau for New York Attorney General Andrew Cuomo, a powerful unit that launched probes and brought cases on Wall Street’s actions in the auction-rate securities market, the credit default swap market, the subprime mortgage market, and executive compensation during the height of the financial crisis.
Thank you to Lafayette AISB Co-Chair Bill Messick ’68 from DU for forwarding this article.