On this block in 1958

On this block in 1958. . , The Penn Center House, at 19th Street and John F. Kennedy Boulevard, was designed in 1958 by by architect George S. Idell. The modernist 20-story high-rise with 432 apartments is one of four apartments building in Center City owned by its residents and run as a non-profit co-op., Across the street is another co-op, at the Kennedy House, built in 1968., In the second half of the 20th century, nearly all new development that replaced the Pennsylvania Railroad's elevated train tracks that ran from the site of today's 30th Street Station to the Broad Street Station across from City Hall, were office buildings. These two exceptions were built with support from the U.S. Department of Housing and Urban Development. Recently, they have been joined by other residential developments along Market Street., In 1958 , President: Dwight David Eisenhower (R) , Mayor: Richardson Dilworth (D) , Philadelphia Population: 2,071,605, Events , January 8, Fourteen-year-old Bobby Fisher won the United States Chess Championship., January 31, The United States launched its first successful satellite, the Explorer 1., June 29, Led by all-time great soccer player Pele's two goals, Brazil beat host Sweden 5-2 in the final of the FIFA World Cup., July 8, Kevin Bacon, American actor and son of Philadelphia urban planner Edmond Bacon was born., July 7, President Dwight D. Eisenhower signed the Alaska Statehood Act into United States law., July 10, The first parking meters in the world were installed in Britain., August, Jif Peanut Butter was introduced nationwide by Procter and Gamble., August 18, Vladimir Nabokov's controversial novel Lolita was published in the United States., August 29, American singer and dancer Michael Jackson is born.Money matters , First-class postage stamp: 4¢ , Tuition at Harvard: $1,250 / year , Gas: 24¢ / gallon , Milk: $1.01 / gallon , Bread: 19¢ / loaf , Cantaloupe: 5¢ / pound , Celery: 4¢ / pound , Corned beef: 59¢ / pound , Sunkist oranges: 49¢ / 5 pound , Hot dogs: 25¢ / pound , Roundtrip flight to London from New York: $453.60