Real Estate
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Radnor Commissioner Challenges Farm Tax Breaks at Former Ardrossan Properties
A Radnor commissioner is introducing a motion Nov. 22 to revoke a $1 a year township lease with a Fern Valley farmer raising cattle on a former part of the Ardrossan Estate, writes Jacob Adelman for The Philadelphia Inquirer. Richard Booker wants the lease to end so landowners on at least two dozen other parcels…
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Malvern Bank House of the Week: Historic Colonial in Newtown Square
A beautiful historic colonial home with five bedrooms and two and a half bathrooms is available for sale in Newtown Square, writes Sandy Smith for the Philadelphia Magazine. The house was originally built in 1710 by James Price, who was given a grant of land by William Penn. However, the full home as it stands…
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Vanguard Group Leases Building in Newtown Square’s Ellis Preserve
Ellis Preserve in Newtown Square has another new tenant. Vanguard Group has leased a 240,000-square-foot building at the development, writes Natalie Kostelni for Philadelphia Business Journal. Vanguard is moving into the building at 3801 West Chester Pike. The Malvern-based mutual fund company is also looking at other suburban space as it expands. “Vanguard routinely evaluates…
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Malvern Bank House of the Week: Stunning Custom Home in Glen Mills
A stunning custom traditional green home with five bedrooms and five bathrooms is available for sale in Glen Mills. Situated on three gorgeous acres with a pond and highly-coveted privacy, the home was originally designed using green materials, including six-inch-thick insulated walls and high-efficiency Pella windows. The home immediately impresses with the center hall entrance…
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Multifamily Harrison Community Is Last Phase of Ellis Preserve Development
Equus Capital Partners Ltd. is developing a $140 million multifamily project at the Ellis Preserve in Newtown Square, writes Natalie Kostelnni for Philadelphia Business Journal. The hope is to find renters willing to pay for a variety of amenities and high-end finishes normally found in a five-star hotel. Cost per unit is expected to cost…
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Malvern Bank House of the Week: A Cool New Classic in Villanova
A cool “new classic” with six bedrooms, five baths and 2-1/2 partial baths Is available for sale in highly-prized Villanova. This “new classic” home provides a blend of warmth through expertly selected finishes, including character grade flooring, hand-hewed beams, and reclaimed wood doors. You’ll also find contemporary elements throughout such as large format tile, chic…
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Delaware County’s Housing Market Vulnerable From Pandemic, Report Shows
Delaware County’s housing market is still at risk to damage from the coronavirus pandemic, according to the property database ATTOM, reports ky3.com. Delaware County was one of three Philadelphia suburban housing markets that made a top 50 list of the most vulnerable counties for potential housing impacts from the pandemic. The other two were Camden…
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A New Park in Media Will Honor Borough’s Historic Black Heritage
A new park, Heritage, will be dedicated Nov. 6 in Media Borough to the lives and history of Black families who have lived in the borough, writes Christine Jean-Baptiste for WHYY. The land for Heritage Park was purchased by the borough from resident Norma Bean and her family. Media, the county seat, has had a…
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Malvern Bank House of the Week: Arts and Crafts Home in Rose Valley
A stunning Arts and Crafts-style home nestled on a beautiful 2.65 acres with seven bedrooms and four full and two half bathrooms is available for sale in Rose Valley. Designed by William Lightfoot Price, the arts and crafts home impresses with the luxury and opulence of early 20th-century architecture. You are welcomed by a grand…
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Reason Returning to Delaware County’s Frenzied Housing Market
The chaos of the Delaware County real estate market and the high priced sacrifices people would make to match home prices is slowing down, writes Kennedy Rose for the Philadelphia Business Journal. Lately, there have been fewer closed deals and out-of-sight home prices are falling as buyers become more “level-headed,” says Realtor Jamie Kerezsi with…
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193 Townhouses Proposed for Former Sleighton School Property
An application to build 193 townhomes on 80 acres of the former Sleighton School property is being considered by the Board of Supervisors of Edgmont Township and Middletown Council, writes Pete Bannan for the Daily Times. The application was scheduled to be presented last night at a joint meeting of the two boards. The Sleighton…
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Malvern Bank House of the Week: Charming Stone Farmhouse in Media
A charming stone farmhouse on a perfectly manicured 4.34-acre lot with six bedrooms and four bathrooms is available for sale in Media. The main level of the home is highlighted by the custom-designed chef’s kitchen with bi-level granite counters, deep single sink, stainless appliances under cabinet lighting, and a walk-in vestibule pantry with mini fridge…
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FEMA Changes to Flood Insurance Pricing Cause Increases Downstream for Delco Residents with Coverage
Changes made by the Federal Emergency Management Agency (FEMA) in its flood insurance pricing structures will soon have area homeowners digging deeper into their wallets. Taylor Allen waded through the particulars for AXIOS Philadelphia. The news comes as Philadelphia and surrounding counties continue to recover from the flooding caused by Hurricane Ida. FEMA’s new pricing…
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Malvern Bank House of the Week: 18th Century Colonial in Wayne
A beautiful 18th-century colonial Brooke Farm home with five bedrooms and three and a half bathrooms is available for sale in Wayne, writes Sandy Smith for the Philadelphia Magazine. This handsome stone-and-wood residence which was built in 1771 and expanded in 1999, is part of Brooke Farm and stretches over a bucolic 1.25 acres. Highlights…
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These Delco Towns Have the Most Expensive Homes in Our Region
Delaware County is home to three towns that are among the places with the most expensive homes in Philadelphia metro area, according to a new ranking by Stacker. To compile the list, Stacker used the data from Zillow. Places are ranked based on the Zillow Home Values Index for all homes as of June 2021.…
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Malvern Bank House of the Week: Charming New Construction Townhouse in Garnet Valley
A charming new construction townhouse with three bedrooms and three and a half bathrooms is available for sale in Garnet Valley. The home is part of Garnet Reserve, an enclave of 38 Paired Homes nestled on more than 23 acres in the acclaimed Garnet Valley School District. Once completed, this community will be home to…
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Disneyland May Claim the Happiest Place on Earth, But Philadelphia Is Pretty Joyful, Too, Says USA Today
The Philadelphia metropolitan area is among the 50 happiest U.S. cities, according to residents. Hristina Byrnes reported our overall community glee for USA Today. To determine the nation’s upbeat cities, 24/7 Tempo reviewed the happiness score of all 383 nationwide metro areas, using digital health company Sharecare’s Community Well-Being Index. The index measures residents’ sentiments…
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Former Curtis Publishing Building in Sharon Hill Sells for $20 Million
A New York real estate company has purchased the 515,000 square-foot Curtis building in Sharon Hill for $20 million, writes Natalie Kostelni for Philadelphia Business Journal. The 18-acre building was once owned by Curtis Publishing, which published the Saturday Evening Post. The property at 2000-2009 Elmwood Avenue was sold by Auroch Partners III, controlled by…
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