Jun 6, 2016
Allentown Business Journal
The Talen sale to a private energy firm headquartered in NYC could throw a wrench in Janidl's Waterfront project. Although, he stated that they're not dependent upon one particular tenant, we know from uptown in Reillyville, that tenants are not growing on trees. If Allentown loses Talen at the end of the Plaza lease in 2018, it will indeed be a loss. I for one, was sorry to see PPL spin off Talen in the first place, despite the fluctuations of that sector. Somehow, a PPL which no longer produces electricity, seems far removed from the company that built that ionic tower in 1928.