January 14, 2012
That’s right, the national media is finally picking up on on what us locals have known for quite some time. The Philadelphia Real Estate market doesn’t experience the highs or lows seen in other large metropolitan markets and now the National Association of Home Builders/First American Improving Markets Index added Philadelphia to their list of improving housing markets. This particular […]
January 14, 2012
Center City, Philadelphia – in a somewhat bizarre advertising campaign aimed at reducing water pollution by teaching pet owners about the importance of picking up dog waste, The Philadelphia Water Department is looking for spokesdogs worthy of the title Philly Water’s Best Friend. Center City, Philadelphia dog owners can submit their pet for consideration until February 15th and the grand […]
January 11, 2012
Yesterday, as reported previously, Istar Financial, the NY based lender for Rittenhouse Square luxury condo 10 Rittenhouse, purchased the remaining 129 unsold condominiums at sheriff’s sale. 10 Rittenhouse Square, located at 130 S. 18th St. in Center City, Philadelphia was developed by ArcWheeler and has been embroiled in legal controversy for the last few years. Istar Financial was the senior […]
January 10, 2012
Washington Square West – The new ownership of the former United Way building on the corner of 13th and Spruce in Washington Square West are seeking approvals renovate and rent their new acquisition. The property actually encompasses 3 properties (1300-1302 Spruce Street and 1300 South 13th Street), all of which were sold as a package in July of 2011 for […]
January 9, 2012
Graduate Hospital – Many in the Philadelphia Real Estate community know that the old YWCA located at 1607-15 in Graduate Hospital has been on the market at an asking price of 2,250,000 for some time. I haven’t heard any rumors of a new owner yet but I did notice that there will be a 2nd presenation at the January SOSNA […]
January 9, 2012
115-19 Cuthbert Street, Philadelphia, PA 19106 MLS # 5988782 115-19 Cuthbert Street, Philadelphia, PA 19106 MLS # 5988782 Asking Price: $1,025,000 115-19 Cuthbert Street, Philadelphia, PA 19106 MLS # 5988782 – Unique, flexible commercial space in a rare Old City condo building. Located on a quiet cobblestone street, these bi-level condominiums feature original architectural details, exposed brick, large wooden beams, […]
January 7, 2012
East Passyunk – Recently, the Passyunk Avenue Revitalization Corporation (PARC) announced that they would resume the neighborhood sidewalk cleaning program and awarded a contract to ABM Janitorial Services. ABM will be responsible for managing the cleaning crews, hiring all personnel and running the day-to-day operation of the cleaning services. Working in conjunction with the East Passyunk Avenue Business Improvement District, […]
January 6, 2012
Center City, Philadelphia – The home of Philadelphia’s Catholic archbishops since the 1930’s is for sale. The property, located at 5700 City Avenue, has over 10,000 square feet of living space and sits on over 8 acres of land. The Catholic News Service /U.S. Conference of Catholic Bishops put out a press release recently with a little more about the […]
January 4, 2012
Got a great email from Larry Flick today referencing a recent Wall Street Journal article titled “Housing Imperils Job Gains”. If this housing downturn has taught us anything it’s the REAL ESTATE INDUSTRY IS LOCAL like the weather. What’s happening in Florida, Nevada, California and elsewhere has little or no effect on our local housing market. Here’s a segment of […]