Real Estate
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South Philadelphia’s Quartermaster Plaza Goes Off the Market After Owners Pivot Approach
Quartermaster Plaza in South Philadelphia is now off the market eight months after its owners originally had it listed, writes Paul Schwedelson for the Philadelphia Business Journal. The reasoning is due to the owners failing to find a buyer for the property. DRA Advisors and KRP Centers, two New York-based firms acquired the 456,208-square-foot shopping…
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3 Delaware County Towns Host 30 Most Expensive Homes in PA Right Now
Stacker has a list of the top 30 Pennsylvania communities with the most expensive homes as of February 2024, and three particular Delaware County communities continue to make the rankings, reports msn.com. Home prices are up throughout the U.S., but some towns have more expensive homes than others overall. Location, size, age, and condition contribute…
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First Bank House of the Week: Breathtaking Tudor in Haverford
A breathtaking Tudor in Haverford Township on 1.34 spectacular acres with five bedrooms and five full and two half bathrooms is available for sale in Haverford. This gorgeous 1930s residence in the coveted Merion Golf neighborhood boasts a light-filled design, beautiful materials, and craftsmanship. The private, gated grounds are just as impressive, with a stunning…
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Toll Brothers Sell Virginia Property After Data Center Makes an Offer ‘It Couldn’t Refuse’
Toll Brothers, based in Fort Washington, recently made an unexpected sale of a parcel of land in Virginia in what it is calling a “one-off,” saying it was an offer “it couldn’t refuse,” writes Dan Brendel and Michael Potter for the Philadelphia Business Journal. Toll Brothers CEO Douglas Yearley Jr., said during an investors’ call…
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A Little Bit Country, a Little Bit Not, and A Lot of Remodeling
Lynne and Skip Shuda had opposite ideas on where they’d like to live. Skip liked being in the woods. Lynne liked being with neighbors. So they found an ordinary ranch house in Media back in 2017 that had a rural setting but was only a half mile from downtown. After a few years living there,…
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First Bank House of the Week: California Craftsman in Media
A beautiful California craftsman home on 0.82 lovely acres with six bedrooms and three and a half bathrooms is available for sale in Media. This lovely 1905 residence, boasting conservative east-coast-style finishes, was originally owned by James Renwick Kerr and his wife Anne Rulon Wetherill Kerr. The wife’s father started Robert Wetherill & Co., one…
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Homeowners in the Philadelphia Area Stay in Their Homes Longer Than Most Other Cities
Homeowners in the Philadelphia metropolitan area are staying in their homes longer than in most other cities and the country as a whole, writes Michaelle Bond for The Philadelphia Inquirer. According to analysis by the online real estate brokerage Redfin, the median time homeowners in the Philadelphia area have lived in their homes in 2023…
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Peace Center Proposed for Upland Seminary Where MLK Was a Student
In his younger days, the Rev. Martin Luther King Jr. was a student at Crozer Theological Seminary in Upland. He studied there from 1948 until his graduation in 1951. Now there are plans to convert the seminary building into a proposed peace center in his honor. Delaware County Council kicked things off by unanimously approving…
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First Bank House of the Week: Stunning Haverford Mansion Near Merion Golf Club
A stunning Haverford mansion with six bedrooms and nine bathrooms, just a stone’s throw from the Merion Golf Club, is available for sale, writes Ryan Mulligan for the Philadelphia Business Journal. This gorgeous home was built in 1999 and has a recently added guest wing and a large basement that boasts a theater and walk-in…
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Media Realtor Making It Easier for New Eagles Players to Find Homes
Elizabeth Herremans, the wife of Philadelphia Eagles player Todd Herrremans, saw first-hand the difficulties players and their families have in moving to a new city offseason, writes Ryan Mulligan for the Philadelphia Business Journal. Todd Herremans was with the Eagles for 10 years, but in the 11th year, the newlyweds were uprooted to Indianapolis. They…
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Bonner’s Irish Pub Building in Center City Placed On the Market As Owner Seeks Development Partner
The building that has housed Bonner’s Irish Pub in Center City for 30 years is now on the market, writes Emma Dooling for the Philadelphia Business Journal. Owner Daniel Bonner has placed the 124-year-old building’s asking price at $6 million. Bonner hopes that listing the property for sale will lead to him finding a partner…
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First Bank House of the Week: Stunning Normandy in Bryn Mawr
A stunning Normandy in Bryn Mawr is located on 0.47 attractive acres. The home has five bedrooms and four and a half bathrooms, and it’s available for sale. This beautiful residence offers amazing flexible spaces with lots of natural light. There are hardwood floors throughout. The home welcomes you with its elegant two-story foyer with…
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First Bank House of the Week: Elegant Colonial Home in Media
An elegant colonial home in Media on an attractive acre of land with five bedrooms and three and a half bathrooms is available for sale. The Atwater Model at Arbor Preserve by Westfield Construction Company is designed by award-winning architect McIntyre & Capron. It offers an open floor concept ideal for entertaining with just the…
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Center City Office Building Goes Up For Sale, Could Be Converted Into Residential Building
The 15-story, 133,353-square-foot office building at 1760 Market Street has gone up for sale by owner and retired tax attorney, Victor F. Keen, writes Paul Schwedelson for the Philadelphia Business Journal. Doug Rodio of CBRE, who is representing Keen in the sale, said it could be sold in the low $20 million range. “Today, the…
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AmeriHealth Caritas Plans to Sublease Newtown Square Office Still Being Built
A new AmeriHealth Caritas office building at the Ellis Preserve in Newtown Square is still under construction but the Medicaid managed care company is already looking for a tenant to sublease some of the space. The five-story mass timber building is scheduled to be ready by the summer, writes Paul Schwedelson for the Philadelphia Business…
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First Bank House of the Week: Converted Barn in Chadds Ford
A beautiful converted barn nestled on 2.86 attractive acres with six bedrooms and three full and three half bathrooms is available for sale in Chadds Ford. This lovely 1840 residence perfectly blends plenty of old-world charm with modern finishes and modern sophistication. The fully updated and remodeled home overlooks Karver Lake, which provides stunning views.…
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Here’s How Much One Square Foot Costs in New York City’s Priciest Neighborhood
The West Village, nestled on the Hudson River in lower Manhattan, is the priciest neighborhood in New York City, writes Jessica Flint for The Wall Street Journal. According to Realtor.com, the neighborhood’s 10014 ZIP Code has the most expensive residential real estate in the city with a median price per square foot of $2,366. One…
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Mow Your Yard and Your Roof at This ‘Hobbit House’ in Elverson
Have you ever wanted to live in a ‘Hobbit house’ and feel like you’re in The Shire? Well, J.R.R. Tolkien fans will love this dwelling in the hills of Elverson, writes Mary K. Jacob for the New York Post. Built in 1988, the 4-acre property is listed for $425,000 with three bedrooms and two bathrooms;…
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