It is a good day for Philadelphia residents. The Zoning board voted unanimously to reject 2 16-foot Unisys logos on Two Liberty Place.
Why Unisys thought they were entitled to that to begin with is beyond me. After all, they were only getting 2 floors of the 58-story building (Wikipedia entry). A Unisys (NYSE: UIS) spokesperson said that they would go back and re-evaluate their decision to move into the building.
If I had to guess, there was probably a collective sigh of relief from Unisys management and board members. Rumor is that there were very few people who wanted to relocate their office to Philly. And, why would they? There are plenty of reasons to stay away, from the traffic (ever taken the Schuylkill Expressway?) to the City Wage Tax.
Of course, Unisys is going to have to go somewhere. They sold their current campus years ago in a cost-cutting measure and their lease will not be renewed.
