Blog
January 5, 2016
1.) Longtime Philadelphia councilman Jim Kenney was sworn in as the city’s 99th mayor during inaugural festivities yesterday. Kenney, a Philadelphia native, is now in charge of a city that has seen tremendous growth downtown but still struggles with deep-rooted poverty in many areas. He was sworn in by newly-minted state Supreme Court judge Kevin Dougherty, a long-time friend. In […]
January 5, 2016
Just Listed: 2,499,999 Once in a lifetime, Rittenhouse Square opportunity for the savy investor located ½ block from Rittenhouse Square. Commercial space is located on the first floor and has access to the basement. Year 3 of 10 year NNN lease with two 5 year options. NOI 100,000+/-. The recently renovated apartment upstairs take up 3 level (2nd/3rd/4th floors) that […]
January 4, 2016
Just Listed: $209,900 Located on a tree lined street this detached home is full of Southwest inspired distinctive character! Beautifully landscaped front, side and rear yard. Enter off the spacious covered patio into into an inviting living room with brick gas fireplace set off by custom built-in cabinets and bookshelves . Remodeled kitchen complete with stainless steel appliances, beautiful countertops, oak cabinets […]
January 4, 2016
Today Philadelphia gets a new mayor. Jim Kenney will be sworn in at 10 AM this morning, closing the door on Michael Nutter’s two-term reign as mayor of the City of Brotherly Love. Kenney will take office along with all the new members of the Philadelphia City Council this morning at the Academy of Music. Jane Roh, spokesperson for city […]
December 30, 2015
Not far from the shining glass-and-metal skyscrapers of Center City Philadelphia are streets where blight reigns. The New York Times recently ran a story on Philadelphia’s Land Bank, the city’s great hope for revitalizing the crumbling neighborhoods that are endemic in places. The Philadelphia Association of Community Development Corporations, a nonprofit organization that acts as an advocate for mixed-income neighborhoods, […]
December 29, 2015
Pope Francis’ visit in September shined a light on Catholicism in Philadelphia. The vast number of faithful who turned out to see the pope were indicative of the fact that, even in the twenty-first century, the power of the Catholic Church hasn’t completely faltered. The New York Post recently ran a story on a fascinating sect of nuns who live, […]
December 28, 2015
There are more renters in America right now than there have been at any point since the 1960s. Home ownership is at a half-century low, and renting has spiked. This has been the trend since the housing crash of the late 2000s. A discouraging trend that’s gone alongside the rise in renting? Renters paying too much for their housing. It’s […]
December 23, 2015
Mayor Michael Nutter signed a deal yesterday that will extend Philadelphia’s contract with Comcast for another 15 years. The franchise agreement is being looked at as a model for all Comcast agreements throughout the country. The deal was brokered largely through the work of Adel Ebeid, the city’s chief innovation officer. It includes millions of dollars in franchise fees for […]
December 22, 2015
Just Sold: $225,000 Beautifully renovated bi-level one bedroom condominium home located in a charming brownstone on a very desirable block in the Art Museum area! This lovely building is nestled in a picturesque garden setting. This fabulous unit is flooded with sunlight and features wonderful architectural details; stunning hardwood floors; high ceilings; living room with wood burning fireplace; beautiful kitchen […]