Real Estate
-
Five Major Developments Bring Over 1,700 Apartments In and Around Center City
Amid a surge in multifamily projects throughout Philadelphia, five major developments have brought over 1,700 apartments in and around Center City this summer, writes Paul Schwedelson for the Philadelphia Business Journal. Overall in Philadelphia, 2,653 new apartments were built during the first six months of the year. The five high-profile developments include: Together, they have…
-
New Binswanger CEO Sees Opportunities for Firm as Office, Industrial Markets Evolve
Jeffrey Hipschman, the newly-hired CEO of Binswanger, believes that the evolving office and industrial markets offer plenty of opportunities for the firm, writes Paul Schwedelson for the Philadelphia Business Journal. Hipschman takes on his new role at a time where there is a seismic shift in how office space is used and the industrial market…
-
House of the Week: Luxurious Condominium in Art Museum Area in Logan Square
A luxurious apartment with three bedrooms and three and a half bathrooms is available for sale in the Art Museum area of Philadelphia in Logan Square. This sprawling showplace features pristine designer interiors along with a heated private outdoor space in a new full-service condominium. . . The nearly 3,000-square-foot sanctuary features soaring ceilings, wide-plank…
-
Expansive Society Hill Property Hits Market for $5.75 Million
A sprawling property in Society Hill with a recently renovated six-bedroom main home and a newly constructed carriage house recently hit the market for $5.75 million, writes Ryan Mulligan for the Philadelphia Business Journal. The property spans a combined nearly 7,900 square feet of living space. According to listing agent Patrick Campbell of Compass Real…
-
Bucks County Playhouse Expands with Purchase of Historic New Hope B&B
Bucks County Playhouse has expanded its commitment to the New Hope community with the acquisition of the historic Umpleby House, a 191-year-old bed and breakfast, writes Emma Dooling for the Philadelphia Business Journal. The theater purchased the property at 111 W. Bridge St. for $1.65 million on July 18, according to Executive Director Nicole…
-
House of the Week: Exceptional Residence in Siena Place
An exceptional three-level home with four bedrooms and three and a half bathrooms is available for sale in the heart of the lively Siena Place neighborhood. This lovely residence has been meticulously renovated and offers almost 3,000 square feet of living spaces that come complete with a wide range of modern amenities. . . The…
-
Another Historic North Philadelphia Mansion To Be Sold Off By Father Divine’s Peace Mission
Father Divine’s Peace Mission is auctioning off another notable property in North Philadelphia’s mansion district, writes Michaelle Bond for The Philadelphia Inquirer. The historic 35,000-square-foot Disston House located at 1530 N. 16th Street is one of the few surviving mansions in the neighborhood that was home to the city’s manufacturing tycoons in the late 19th…
-
Owner Jeannine A. Cook Purchases Fishtown Building That Houses Harriett’s Bookshop
Harriett’s Bookshop now has a permanent home as owner Jeannine A. Cook has purchased the four-story Fishtown building that currently houses the shop, writes Elizabeth Wellington for The Philadelphia Inquirer. Cook originally rented the storefront from landlord Sang Casenta in 2019. She opened Harriett’s Bookshop’s in early 2020. It has since become among the Philadelphia-area’s…
-
House of the Week: True Hidden Gem in Mount Airy
A lovely colonial home set on 0.45 attractive acres with five bedrooms and two and a half bathrooms is available for sale in Mount Airy. This beautiful residence boasts 3,300 square feet of living spaces and a plethora of original features. . . Highlights include two bright sunrooms, a spacious family room, an elegant dining…
-
New Jersey “Barbie Dreamhouse” Goes Viral on TikTok
A home in New Jersey, dubbed the “Barbie Dreamhouse,” has gone viral on TikTok for its pink-themed interior, writes Katherine Cressman for the Bucks County Courier Times. Listed on Zillow for $500,000, the Hamilton house at 835 Hughes Drive stands out with bubblegum pink shutters and salmon-pink walls, kitchen cabinets, and floors, all complemented…
-
Center City Office Buildings Keep Selling at Steep Discounts
Five Center City office buildings that changed hands in the last two months have sold for a combined total of $151 million less than their assessed value, writes Paul Schwedelson for the Philadelphia Business Journal. Each of the buildings sold at a steep discount, bringing into focus the current value of lower-quality office buildings with…
-
House of the Week: Charming Stone-front Split-level in Pine Valley
A charming stone-front split-level home in a lovely 6,500-square-foot lot with four bedrooms and two and a half bathrooms is available for sale in Pine Valley. This attractive residence welcomes you with a spacious foyer with ceramic tile flooring. It features hardwood flooring throughout, adding elegance and durability. . . Other highlights include an office…
-
Philadelphia is Less Affordable Now Than it Has Historically Been, New Report Finds
New research has found that while it is still a city of homeowners, Philadelphia is less affordable than it has historically been, not just in the past several years but also over the last two decades, writes Aaron Moselle for WHYY. “The affordability of the city’s market is changing,” said Octavia Howell, a manager with…
-
House of the Week: Gorgeous Stone Colonial in Chestnut Hill
A gorgeous stone colonial home set on a lovely 0.68 acres with six bedrooms and five and a half bathrooms is available for sale in Chestnut Hill. This lovely 1908 residence has been meticulously restored to offer a perfect blend of historical charm and contemporary luxury. It stands out immediately thanks to its wrought-iron gates…
-
Two West Philadelphia Properties Go On the Market
In West Philadelphia, two properties owned by developer Kfir Binnfield are up for sale, writes Paul Schwedelson for the Philadelphia Business Journal. One of the buildings is an eight-story, 150-unit apartment building, while the other is a development site two blocks away that would turn into a 12-story, 170-unit project. The former, located at 4900…
-
Wanamaker Building Could Be Purchased By New York City Firm After Acquiring Portion of Its Debt
New York real estate firm TF Cornerstone bought a majority of the debt on the Wanamaker building and is now taking part in negotiations to acquire the building, writes Paul Schwedelson for the Philadelphia Business Journal. TF Cornerstone already opens the Macy’s department store space that occupies the first three floors of the nine-floor Center…
-
House of the Week: Side-by-side Penthouses in Rittenhouse Square
Two side-by-side penthouses spanning the entire North side of the Murano Condominium with five bedrooms and five and a half bathrooms are available for sale in Rittenhouse Square. These stunning units can be merged into a single residence with a combined interior space of 4,285 square feet and plenty of balcony space. . . The…
-
Post Brothers, Tower Investments Welcome First Residents to New 630-Apartment Building
Post Brothers and Tower Investments began planning for a massive multifamily and retail development back in 2017, and the project is finally a reality, writes Paul Schwedelson for the Philadelphia Business Journal. The One Thousand One building at Broad Street and Washington Avenue welcomed the first residents to its 630-apartment first phase on July 1.…
Founding Partners
Advertisement
Affiliate Partners
