February 23, 2012
3.8% Real Estate Transfer Tax The questions keep pouring in about the new 3.8% real estate tax that takes effect in 2013 and all of the inflammatory and exaggerated statements regarding it. I got a great email from Prudential Fox & Roach’s legal counsel Scott Waldman regarding this very issue and wanted to pass it along. You may be aware […]
February 22, 2012
Fairmount Court 2.0 In Art Museum Area I mentioned a 10 house project in the Art Museum Area named Fairmount Court 2.0 earlier this summer. At that time 4 of the homes had already been substantially built and pre-sold and now the remaining homes have hit the MLS. As a reminder, the developer built 10 homes at the intersection of […]
February 22, 2012
More Luxury Homes Coming To Logan Square? Fresh off the heels of Kings Court and Mode 7 it appears that Logan Square may soon be the recipient of 27 luxurious, new construction homes. Those of us in the Philadelphia real estate business before blogging was popular remember a project slated for the corner of 23rd and Cherry Street in Logan […]
February 21, 2012
1616 Walnut In Rittenhouse Square To Become Condos? Philly.com wrote an article about 1616 Walnut being purchased by a Maryland corporation who is considering converting the offices into condos. 1616 Walnut Street, a 25 story building built in 1929 that is 90% leased, is on the National Register of Historic Places. The buyer, Federal Capital Partners of Chevy Chase, Maryland, […]
February 21, 2012
The Roots Mural Coming To South Street South Street – The City of Philadelphia Mural Arts Program recently announced a mural planned for the corner of 6th Street and South Street that will honor The Roots – a Grammy award winning band formed in Philadelphia. The Roots got their start by playing live music on South Street and the the […]
February 21, 2012
Point Breeze Point Breeze is a neighborhood in the South Philadelphia section of Philadelphia, Pennsylvania, United States. It is generally bound by 25th Street to the west, Washington Avenue to the north, Broad Street to the east, and Mifflin Street to the south, although the sections between 18th Street and Broad Street are coming into their own neighborhood as Newbold. […]
February 20, 2012
GQ Names MICA Among 10 Best New Restaurants in USA The March issue of GQ Magazine named the Chestnut Hill restaurant Mica as one of the 10 Best New Restaurants in the entire country. Chip Roman, of Blackfish in Conshohocken fame, is the head chef. Mica is a restaurant that serves progressive American cuisine. All dishes are made using fresh […]
February 20, 2012
Carpenter Square Project Coming To Graduate Hospital Graduate Hospital – Plan Philly wrote a piece on a new project coming to Graduate Hospital named Carpenter Square. Plans have been approve for a 17 unit condo and townhouse development at the intersection of 17th Street and Carpenter Street . City Council recently approved the Redevelopment Authority to contract with Carpenter Square […]
February 20, 2012
Selling Philadelphia Real Estate Nobody was more surprised than I was about the overwhelmingly positive response to “Buying Philadelphia Real Estate” which I wrote recently for the CenterCityTeam blog. I decided that a second post entitled “Selling Philadelphia Real Estate” would be helpful for those with homes for sale in Philadelphia. Once again here’s the advice that I can offer […]