August 18, 2011

Philadelphia Real Estate and Beyond August 18, 2011

Philadelphia Real Estate and Beyond August 18, 2011 City Planning Commission Impressed With Central Delaware Waterfront Plan – Delaware River Waterfront Corporation President Tom Corcoran gave the commission a presentation describing the several new public parks every half-mile, mixed use residential development, and the new/improved connections between the river and the adjacent neighborhoods.   The plan focuses first on areas where […]
August 18, 2011

Multifamily Housing Vacancy Rates At 5 Year Low

Multifamily Housing Vacancy Rates At 5 Year Low The Commerce Department said Tuesday housing starts slipped 1.5 percent in July to a seasonally adjusted annual rate of 604,000 units. But starts on multifamily housing, often used for rentals, rose 7.8 percent to 179,000 units.  The rise in multifamily units reflects an underlying trend in which rentals are increasing while the […]
August 18, 2011

Philadelphia Home Sellers Forgoing For Sale Signs?

Philadelphia Home Sellers Forgoing For Sale Signs? Philly.com published an article  that said, real estate agents had noticed a trend of home sellers opting to NOT put a for sale sign in front of their property.  Agents from cities throughout the country are quoted in the article as having seen the same phenomenon.  The reasons home sellers are forgoing for […]
August 18, 2011

Owner of Melrose Diner Purchases Broad Street Diner

Owner of Melrose Diner Purchases Broad Street Diner Philly.com reports that the owner of the Melrose Diner, Michael Petrogiannis, recently purchased and started improvements on the long closed Broad Street Diner. The diner, which has been closed for years, garnered city wide attention two years ago when Stephen Starr became interested in the property. Starr put the property under contract for […]
August 17, 2011

Bon Appetit Lists Talula’s Garden Among Best New Restaurants

Bon Appetit Lists Talula’s Garden Among Best New Restaurants Bon Appetit recently compiled a list of the the best new restaurants in America for 2011. Listed at #6 was our very own Talula’s Garden located adjacent to the Ayer Condominium in Philadelphia neighborhood Washington Square. Talula’s Garden is the joint venture by Amee Oxley and Stephen Starr and offers “seasonal […]
August 17, 2011

Philadelphia Home Prices To Increase In 2012?

Philadelphia Home Prices To Increase In 2012? An interesting blog post published by NuWire Investor notes that some market experts are predicting  that the slowly strengthening housing market, marked by fewer mortgage delinquencies and foreclosures, may get a boost from consumers who see value in home ownership as compared to other investments. Here are some bullet points of interest: The U.S. […]
August 17, 2011

Philadelphia Real Estate and Beyond August 17th, 2011

Philadelphia Real Estate and Beyond August 17th, 2011 MilkBoy Coffeee Opens Center City Location – MilkBoy Coffee has opened in Center City Philadelphia at the 11th and Chestnut location. The Philadelphia Main-Line based MilkBoy Studios and coffee shops has two previous locations in Ardmore and Bryn Mawr. This particular location is the first to have a liquor license and an […]
August 16, 2011

Perriers and Starr Open New Center City Philadelphia Restaurants

Perriers and Starr Open New Center City Philadelphia Restaurants Two prominent Philadelphia restaurateurs will open a new Center City restaurant in the coming weeks. As I blogged about previously, Stephen Starr, Philadelphia restaurateur extraordinaire will open an Italian restaurant, Il Pittore, at 2025 Sansom St., in late September/October. This project will be a collaboration with Chef Chris Painter, Starr Restaurant’s director of menu development. Also […]
August 16, 2011

Warren Buffett Asserts Super Rich Don’t Pay Enough Taxes

Warren Buffett Asserts Super Rich Don’t Pay Enough Taxes Recently, Warren Buffett wrote a New York Times op-ed article that asserts that the super-rich do not pay enough taxes. His feeling is that any new budget deal should raise rates on the super-rich, especially on their “unearned” income from interest, dividends and capital gains. Here is the complete text of […]
Skip to toolbar