Real Estate
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Mayor Parker Launches New Task Force to Revitalize, Renew Struggling Market East Corridor
Mayor Cherelle Parker and her administration have announced the formation of the Market East Advisory Group, tasked with renewing Market East, write Joe Brandt and Natasha Brown for CBS News Philadelphia. The new task force is a partnership between Comcast, the Philadelphia 76ers, the Fashion District’s owner Macerich, Brandywine Realty Trust, Thomas Jefferson University, Visit…
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Planned Demolition of Market Street Buildings Raises Concerns for Many Community Members
Last month, it was announced that Comcast and the Philadelphia 76ers planned to have the buildings on Market East they acquired this past summer demolished. While there has not been any update as to what plans are after the demolition, some residents are raising concerns, writes Mike D’Onofrio for AXIOS Philadelphia. Debbie Wei, a member…
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Ten Penn Center Sold in $30M Deal, Conversion Project to Follow
The sale of Ten Penn Center is now complete, closing a $30 million deal, writes Paul Schwedelson for the Philadelphia Business Journal. PMC Property Group acquired the 27-story, Center City building from a partnership between two firms, Sterling Equities in New York and Greenville Partners based in West Chester. This sale close comes more than…
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George Washington’s Former Headquarters in Fort Washington Hits Market for $3.295M
A historic home in Fort Washington that was George Washington’s headquarters during the Revolutionary War has hit the market for $3.295 million, writes Ryan Mulligan for the Philadelphia Business Journal. The residence, named Emlen House after the Quaker family that built it in 1717, spans almost 8,000 square feet and has recently undergone extensive renovations.…
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First Bank House of the Week: Lovely Stone-Front Abode in Media
A lovely stone-front home at 203 E. 5th Street, set on 0.26 attractive acres with six bedrooms and three and a half bathrooms, is available for sale in Media. This inviting residence beautifully combines traditional character with modern comfort in a highly desirable location. Thoughtful details include rich hardwood floors and elegant stone accents that…
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Yolanda Hadid Bids Farewell to New Hope Farm in Emotional Tribute
Yolanda Hadid, seemingly having found a buyer for her New Hope farm and equestrian estate, has written a heartfelt tribute to the home she has cherished for years, writes Natalia Senanayake for the People. Last week, the model and designer shared a farewell to the property she had owned since 2017 on Instagram. The farm…
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Historic Rittenhouse Square Apartment Building, The Drake, Sells to Group of Four Investors
The Drake, a historic apartment building in Rittenhouse Square that has been in the city for nearly a century, has been sold, writes Paul Schwedelson for the Philadelphia Business Journal. The investors who have acquired the iconic Spanish baroque buildings plan to make capital improvements to the property, hoping to enhance its tenant value. “We…
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Tired of Renting, Folsom Home Makes Suburbia Permanent for Family
A former city couple has made life in the suburbs permanent with a home in Folsom, writes Abigail Covington for The Philadelphia Inquirer. Liz Green, 42, and Adam Rzepka, 40, now own a 1,499 square-foot 1910 craftsman home with three bedrooms and one bath. “We’ve been city people for such a long time,” Green said.…
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This Radnor 1890 Modern Victorian Farmhouse Is for Sale
A renovated modern Victorian farmhouse combines classic architectural elegance with contemporary luxury, writes Vasila Khurshid for The Amazing Mom Life. This historic property is perfect for families, with five bedrooms, 3.5 baths, and an open-plan interior that includes LVF flooring, custom shaker cabinetry, and a chef’s kitchen with premium appliances. There is a wide front…
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First Bank House of the Week: Exceptional Stone Manor in Newtown Square
An exceptional stone manor home at 659 Andover Road on 3.15 lovely acres with six bedrooms and four full-and-three-half bathrooms is available for sale in Newtown Square. This stunning residence immediately impresses with its striking facade and meticulous craftsmanship, offering both elegance and modern comfort. Distinctive details include floor-to-ceiling French doors, custom-built cabinetry, and quartz…
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Buckingham Developer Looks to Breathe New Life into General Greene Inn
Buckingham real estate investor and builder Bob Welch is hoping to breathe new life into the historic General Greene Inn, writes Jeff Werner for the Patch. Welch has signed agreements to buy the building located at the intersection of Durham and Old York roads, in the heart of Buckingham Township. The deal was announced by…
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Abrams Realty’s Plan for Exton Square Redevelopment Rejected
Abrams Realty & Development plans to file a lawsuit following the West Whiteland Township Board of Supervisors’ rejection of its master plan to redevelop the Exton Square Mall, writes Noah Zucker for BISNOW. “For political reasons, it looks like these guys didn’t want to approve us,” said developer Peter Abrams. “My partners and I view this…
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Affordable Senior Living Community, Named After Late Chairman of Firstrust Bank, Opens in Bucks County
State and local officials recently joined community supporters to celebrate the opening of Federation Housing’s newest senior living community, the Daniel B. Green House. The 60-unit community in Trevose will help address the Philadelphia region’s growing demand for affordable housing for older adults. Dedicated to providing housing for individuals who meet low-income housing requirements, the community will allow…
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Toll Brothers Plans Massive Age-Restricted Community on 100 Exton Acres
Toll Brothers has paid $70 million for a 100-acre site in Exton, where it plans to construct its largest age-restricted residential development in the Philadelphia area, writes Ryan Mulligan for the Philadelphia Business Journal. The luxury homebuilder, based in Fort Washington, acquired the parcel at 301-305 Church Farm Lane. The planned project will have 317…
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First Bank House of the Week: Attractive Colonial in Newtown Square
An attractive colonial home at 6 Greystone Circle on a lovely 1.55-acre lot with five bedrooms and five full and two half bathrooms is available for sale in Newtown Square. This exquisite residence exudes elegance and thoughtful craftsmanship throughout. Refined details include wainscotting, gleaming hardwood floors, and a sophisticated sprinkler and safety system. Among the…
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Developer Plans $50M Five-Story Mixed-Use Project in Conshohocken
Buccini Pollin Group is planning to build a $50 million, five-story mixed-use development near Conshohocken transit hub, adding apartments and retail to the area, writes Ryan Mulligan for the Philadelphia Business Journal. The proposed development would feature 115 apartments and 5,400 square feet of retail space, replacing part of the parking lot that now serves…
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Lawmakers Challenge Abrams Realty’s Exton Square Mall Vision
The West Whiteland Board of Supervisors has pushed back against Abrams Realty and Development’s Exton Square Mall mixed-use redevelopment plans, with one member calling for the revival of plans for a hotel on the site, writes Noah Zucker for BisNow. Lawmakers expressed concerns regarding the project’s density, the township’s sewer capacity, and the future of…
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5 Delaware County Communities Make Top 25 Best Places to Live
Five Delaware County communities made a top 25 list compiled by Stacker of the best places to live in the Philadelphia area. One of the communities placed in the top five. Schools in the five communities were A+ or A. Outdoor activities also received an A. From lowest to highest are: Radnor Township, population 33,260,…
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