While there are people living in Center City, there will always be demand for condos in Rittenhouse Square. The toniest and most desirable of Philly’s ubiquitous squares is packed with luxury homes bearing pricetags to match their exclusivity.
Among the best-known and highest-regarded Rittenhouse landmarks is the Rittenhouse Hotel. Built in the 1980s, it was christened by GE Capitol and immediately took its place among the luminaries of Philadelphia’s high-class hoteliers. This five-diamond dwelling is not only one of the world’s best places to stay, but it’s a pretty great place to live as well.
The condos have their own dedicated entrance, with a 24/7 doorman. Owners get the best of both worlds, being able to utilize hotel amenities like maid service, room service, the concierge, and the indoor swimming pool while maintaining their own residence. Fine dining establishments like Smith & Wollensky and Lacroix (below) are located right within the building!
The building also offers a full service spa, garage parking, dog walking and a beauty salon. Residents can, at any time, request a town car to transport them where they need to go.
The Rittenhouse hotel sports a perfect walking score of 100 (“Walker’s Paradise”), with world-class dining, shopping, and everything else you could need or want within a few minutes’ stroll. An exquisite city park is located right outside the hotel’s threshold, putting residents literally on the doorstep of year-round entertainment. The Avenue of the Arts is a stone’s throw away as well.
Property values at Rittenhouse Hotel skew largely depending on whether the unit overlooks the square. If it does, it is considered much more desirable. A wide variety of layouts also keep things highly diverse when it comes to resale – for instance, 2-bedroom units can vary in size, floorplan, and amenities to the extent that comparing apples with apples can be tough.
In any case, with any floorplan, however, you are unlikely to find a home here for under seven figures. The poshest units at the Hotel sell for upwards of $3 million.
If you can spare the cash, it simply does not get better than life in Rittenhouse Square – and the Rittenhouse Hotel is among the finest venues from which to experience it.