Archives

Harrisburg - March 25, 2014 - (RealEstateRama) -- Employers must report dormant financial assets and unclaimed tangible items to the Pennsylvania Treasury by April 15, State Treasurer Rob McCord reminded today. Compliance with this important annual deadline allows Treasury to return unclaimed property to the rightful owners, the Treasurer noted, as his department continues its concerted effort to educate businesses and organizations of their obligations under this state law

Harrisburg - March 24, 2014 - (RealEstateRama) -- Life insurance is an important tool to protect the economic security of loved ones, but State Treasurer Rob McCord today reminded Pennsylvanians to take steps to ensure that these benefits serve their intended purpose and do not end up as unclaimed property reported to the Pennsylvania Treasury. The Treasurer noted that his department has reunited $13.2 million in unclaimed life insurance benefits with the rightful owners,

Harrisburg - February 19, 2014 - (RealEstateRama) -- More than $93,000 in unclaimed property is up for claim by African American organizations and institutions, State Treasurer Rob McCord announced today, and this Black History Month the Pennsylvania Treasury wants to return it to the rightful owners. Groups can visit www.patreasury.gov to find out if any belongs to them.

Harrisburg - February 17, 2014 - (RealEstateRama) -- Presidents Day sales may be hard to resist this holiday weekend, but today State Treasurer Rob McCord noted a way to put some money back in your wallet – Treasury’s Unclaimed Property Program. The Treasurer spotlighted the names of presidents and first ladies that appear in Treasury’s free unclaimed property database, but encouraged all Pennsylvanians to search www.patreasury.gov to find out if any of the $2.2 billion in lost and forgotten money and items Treasury currently holds belongs to them.

Harrisburg - February 3, 2014 - (RealEstateRama) -- Looking for a special gift for your Valentine? State Treasurer Rob McCord today reminded Pennsylvanians of a convenient and unique shopping option – Treasury’s eBay auction for unclaimed property at www.patreasury.gov. Shoppers can bid on unclaimed items such as 14K gold jewelry, designer watches, diamond rings and pendants that would put a smile on any recipient’s face this Valentine’s Day.

Harrisburg - January 27, 2014 - (RealEstateRama) -- Girl Scout Cookies are for sale and Boy Scout Week is approaching, so State Treasurer Rob McCord today took the opportunity to remind troops across the Commonwealth of a potential source of revenue they might not have known about – Treasury’s unclaimed property program – by highlighting nearly $40,000 in lost or forgotten funds his department holds for scout groups

WASHINGTON, D.C. - January 16, 2013 - (RealEstateRama) -- Governor Tom Corbett today joined Comcast Chairman and CEO Brian Roberts and Liberty Property Trust Chairman and CEO Bill Hankowsky for an historic announcement that will drive economic progress and transform Philadelphia’s skyline with the construction of a $1.2 billion, 59-story tower that will become the dedicated home for the company’s growing workforce of technologists, engineers and software architects.

Harrisburg - January 15, 2013 - (RealEstateRama) -- The Pennsylvania Treasury returned $111 million in unclaimed property to rightful owners or heirs in 2013, the highest yearly return amount since the start of his administration, State Treasurer Rob McCord announced today. This brings the total of lost and forgotten money and items returned since January 2009 to more than $517 million, the Treasurer noted.

Harrisburg - January 6, 2013 - (RealEstateRama) -- Farmers, food manufacturers, equipment manufacturers and dealers, wineries, and agricultural youth organizations are among the groups that are owed more than $440,000 in unclaimed property, said State Treasurer Rob McCord today as he visited the 98th Pennsylvania Farm Show.

Harrisburg - December 20, 2013 - (RealEstateRama) -- ‘Tis the season to be jolly, but for Jack Frost of Reading and Mary Jane Santa of Allentown, it could also be the season to put their money back in their wallets, State Treasurer Rob McCord announced today as he showcased a list of seasonal and holiday-themed names from Treasury’s unclaimed property database.

Harrisburg - December 17, 2013 - (RealEstateRama) -- The odds of winning the ever-growing Mega Millions jackpot are 1 in 259 million, but State Treasurer Rob McCord today reminded Pennsylvanians that they have a one in 10 shot at finding money that belongs to them in Treasury’s unclaimed property database. With the average claim amount around $1,200, it could be well worth a moment to search the free database at www.patreasury.gov, the Treasurer noted.

WASHINGTON, D.C. - December 16, 2013 - (RealEstateRama) -- Philadelphia’s City Council approved Bill No. 130156-A by a vote of 15 – 0, which creates a Philadelphia Land Bank. The Land Bank represents major reform of the City’s broken system for putting vacant properties back into productive use

Harrisburg - December 10, 2013 - (RealEstateRama) -- Consumers are expected to spend nearly $30 billion on gift cards this holiday season, and in order to get the most of these gifts, State Treasurer Rob McCord today reminded shoppers and recipients to read the fine print so their cards do not lose value or expire, ultimately ending up with the Pennsylvania Treasury as unclaimed property

Philadelphia, PA - December 9, 2013 - (RealEstateRama) -- The Philadelphia Housing Authority (PHA) has issued a Request for Proposals (RFP) for qualified development firms with the goal of redeveloping three parcels located on Chestnut Street

Harrisburg - December 5, 2013 - (RealEstateRama) -- More than $14,000 in unclaimed funds is on its way back to several United Way members across Pennsylvania, State Treasurer Rob McCord announced today as he presented a mock check representing the amount to leaders of the United Way of Pennsylvania today.

Harrisburg - November 27, 2013 - (RealEstateRama) -- Deals abound on “Cyber Monday,” but today State Treasurer Rob McCord reminded Pennsylvanians to visit Treasury’s online unclaimed property auction for unique gift ideas. He urged shoppers, after they fill their virtual carts, to remain on www.patreasury.gov to find out if they are owed any of the nearly $1.3 million in unclaimed eBay and PayPal rebates and credits his department currently holds

WASHINGTON, D.C. - November 21, 2013 - (RealEstateRama) -- Congressman Lou Barletta, PA-11, today championed the use of public-private partnerships to redevelop underutilized federal real estate and save taxpayers hundreds of millions of dollars. As chairman of the House Transportation and Infrastructure Committee’s Subcommittee on Economic Development, Public Buildings, and Emergency Management, Barletta has already worked in a bipartisan manner with ranking member Rep. André Carson (D-IN) and Rep. Eleanor Holmes Norton (D-DC), to identify nearly $500 million in savings to taxpayers by addressing underused office space

WASHINGTON, D.C. - November 11, 2013 - (RealEstateRama) -- Philadelphia took a significant step in its quest to fix its broken vacant property disposition system and create a single predictable, transparent and streamlined process for vacant property disposition. The Philly Land Bank Alliance is pleased that on October 28th Bill No. 130156 was reported out of the Committee on Public Property and Public Works of the City Council of Philadelphia. However, the bill was amended at the last minute to require three elected and appointed public bodies to approve the transfer of every one of the almost 10,000 parcels of the city’s publicly owned vacant property. This adds unnecessary time and bureaucracy and will discourage investment in Philadelphia. We urge Council to remove the last-minute amendment that requires approval by the Vacant Property Review Committee, in addition to a resolution in City Council and final action by the Land Bank

Harrisburg - October 25, 2013 - (RealEstateRama) -- In recognition of Breast Cancer Awareness Month, State Treasurer Rob McCord today highlighted more than $84,000 in unclaimed property the state is working to reunite with organizations and institutions that treat, research and work to find a cure for cancer.

Harrisburg - October 25, 2013 - (RealEstateRama) -- National Fire Prevention Month is a chance for families to review their preparedness for a fire emergency, but as Pennsylvania Treasurer Rob McCord noted today, it is also a chance to support emergency responder organizations by highlighting an often overlooked source of revenue – Pennsylvania’s unclaimed property program