Real Estate
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Demand Outpaces Supply as Center City Apartment Vacancy Falls
Apartment vacancy in Center City continues to decline even as developers accelerate conversions of distressed office towers into hundreds of new residential units, writes Paul Schwedelson for the Philadelphia Business Journal. “There’s certainly tremendous amount of demand for people to live here in Center City,” said Alterra Property Group Principal Connor Burke. “We’ve seen that…
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Alex Fraser Lists New Hope Estate for $3.25 Million as His Bucks County Playhouse Tenure Nears Its End
Tony Award-winning producer Alex Fraser and his husband Peter Maloney have listed their New Hope home for sale, according to the Philadelphia Business Journal. The restored 1700s-era estate is priced at approximately $3.25 million, a fitting bookend to one of the most unlikely success stories in Bucks County history. When Fraser arrived in New Hope…
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Check Out These Towns That Offer the Most Expensive Homes in Chester County
A new ranking from Stacker has compiled a list of cities in Pennsylvania with the most expensive homes, and Chester County towns are among some of the priciest. To determine the rankings, Stacker used data from Zillow. They are ranked by the Zillow Home Values Index as of March 2026. At the top of the…
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First Bank House of the week: 22-Room Wallingford Estate for Sale
A 5-acre property at 1018 Beech Road, with a sprawling six-to-eight-bedroom main house and a two-bedroom carriage home, is available for sale in Wallingford, writes Erin McCarthy for The Philadelphia Inquirer. The main residence has 7,500 square feet of living space. “One of the most astonishing things about it is how original it is,”…
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Stone-Clad Berwyn Estate with Fireplaces and Home Theater Hits Market
A stone-clad seven-bedroom, 10-bathroom estate in Berwyn, set on 12 acres and topped with a burnt red roof, has recently hit the market for $6.25 million, writes Ryan Mulligan for the Philadelphia Business Journal. Built as a speculative home in 2007, the 11,600-square-foot house offers a range of outdoor living spaces, including a pool and outdoor…
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Norwood Stars on HGTV’s ‘House Hunters’ as Philly Family Finds Their Suburban Dream
A city family’s search for a small suburban home that led them to Norwood was featured Tuesday night on HGTV’s “House Hunters” writes Peg DeGrassa for The Times Herald. Luciana “Luci” Villar and her husband Ryan Nugent, living in the Mayfair section of Philadelphia, dreamt of getting out of the city and moving to a…
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First Bank House of the week: Nearly New Upgraded Home for Sale in Garnet Valley
This is a rare opportunity to own a nearly-new, highly upgraded 6-bedroom, 5-bath home at 3155 Ridgeview Court in Garnet Pointe community, built in 2024 by Eddy Homes. This is the first resale of the Rosebank Diamond floorplan. Set on a .75-acre lot backing to a private wooded setting, this home blends luxury and functionality.…
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Yolanda Hadid’s New Hope Farm Re-Lists for $10.88M After Sale Fell Through
Yolanda Hadid has relisted her New Hope lavender farm on the market after a previous deal fell through for the same $10.88 million asking price, reports Mary K. Jacob for the New York Post. The 32-acre property, which initially hit the market last September, dates back to 1682 and was purchased by the Real Housewives of Beverly Hills star in 2017 for $4 million. Hadid announced the re-listing…
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Fusion Gym, Fusion Theater Sign on as 69th Street Tenants
Fusion is the new name around town in Upper Darby’s 69th Street area. Fusion Gyms and Fusion Theaters have signed leases to occupy 70,000 square feet of space in the 69th Street business district in Upper Darby, writes Paul Schwedelson for the Philadelphia Business Journal. Fusion Gyms has signed a 29,000 square-foot lease at the…
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Former Adult Entertainment Venue in South Philly Sold for $2.3 Million, Will Be Repurposed
Show & Tel, an adult entertainment club in South Philadelphia that had been open since the 1990s, has been closed and will soon be repurposed, writes Michael Tanenbaum for PhillyVoice. The 32,000-square-foot property was sold for $2.3 million and will be redeveloped as a storage facility and office space. The property was listed for $3.5…
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One of the Best Suburbs in the U.S. Is In Delaware County, and It’s Not Media
It seems Media Borough’s been getting all the praise lately, with publications like Money Magazine declaring the county seat one of the 50 best places to live in the U.S. But there’s another Delaware County community that should share some of the limelight, according to a recent ranking of the top 15 suburbs in the…
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Residential Development Proposed at Newtown Square Coporate Campus
A residential project of 50 townhomes and 192 apartments has been proposed for the Newtown Square Corporate Campus, writes Ryan Mulligan for Philadelphia Business Journal. The Media-based Henderson Group wants to replace three office buildings to create 242 age-restricted residential units. The office park, south of West Chester Pike, is currently 60 percent occupied, a…
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First Bank House of the week: Havertown Craftsman Home for Sale
This Craftsman home at 521 Strathmore Road in Havertown is available for sale. The house, built in 1923, is 2,337 square feet and is in the Brookline neighborhood, writes Paul Jablow for The Philadelphia Inquirer. “It had a good vibe,” said Scott Carpel, describing the Havertown neighborhood where he ended up living for 22 years.…
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Bala Cynwyd’s City Avenue Transformation Continues with The Blayr
The Blayr, a 217-unit apartment building at the former Lord & Taylor location, has officially opened, bringing new residents and retail space to Bala Cynwyd, according to Denali Sagner for The Philadelphia Inquirer. The Federal Realty project adds not only housing but nearly 19,000 square feet of ground-floor retail. Amenities include a pool, golf simulator,…
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Thena Hotel in Center City Goes Up for Sale
Thena Hotel, a boutique property in Center City, has been put up for sale with an asking price listed at $2.62 million, writes Emma Dooling for the Philadelphia Business Journal. Currently owned by RTE Properties, this is the first time the hotel has been put up for sale since the Philadelphia-based firm acquired it for…
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Bucks County 150,000-Square-Foot Shopping Center Listed for Sale
Yardley’s Prickett Preserve shopping center, anchored by Wegmans, has been put on the market, writes Paul Schwedelson for the Philadelphia Business Journal. According to JLL’s listing, the shopping center spans nearly 150,000 square feet and was completed two years ago, and is 98 percent occupied. Wayne’s Envision Land Use and Langhorne’s DeLuca Homes collaborated to develop the shopping center. While they initially…
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Historic Farmhouse Featured in ‘Marley & Me’ Hits the Market in West Chester
A unique piece of Chester County film history is available for sale as a stunning West Chester farmhouse hits the market, writes Ariana Perez-Castells for The Philadelphia Inquirer. The interior and exterior of the farmhouse, located at 1775 Meetinghouse Road, appeared in the 2008 film Marley & Me. The beloved movie stars Owen Wilson and…
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Tom Garvey of Ridley Park Had a Sweet Apartment at the Vet, and the Rent Was Great
Tom Garvey is a former Ridley Park native now living in Ambler, but for a time, he and the Philadelphia Phillies had the same address. Apparently, it was very easy to hide at the former Veterans Stadium, writes Dave Uram for KYW Newsradio. Tom Garvey, now 80, lived in a converted storage room under the…
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