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School District HQ Philly's Own Hotel California

There are around 590 people now working at the School District of Philadelphia headquarters at 440 N. Broad St., onetime home of TV Guide. The building has room for more than four times that number. Why not move out? Because the district owns the property -- and has to pay off what it owes before it can afford to leave. And it still owes $110.7 million. [Philly.com]