Philadelphia Real Estate Blog

Philly Stands With Transgender Students

February 24th, 2017 Shannon O'Donnell Comments Off on Philly Stands With Transgender Students

Earlier this week, Donald Trump made a political move that LGBTQ advocates say will hurt transgender students. Under President Obama, transgender students received protection under Title IX - a federal law that prevents gender discrimination in government-funded programs - which allowed them to use the restrooms, locker rooms, and pronouns of their identified gender, as well as to dress in their preferred clothing. Claiming that the guidance overstepped federal boundaries and that the decision should be left to individual states...Read More

Philly News Briefs: 2/23/17

February 23rd, 2017 Shannon O'Donnell Comments Off on Philly News Briefs: 2/23/17

1.) Philly's very own Fashion Week kicks off tonight with a runway presentation by Mah-Jing Wong, who competed on Season 15 of Project Runway. Wong is a Mantua native and a grad of The Art Institute. He says that he originally started college focused on marketing, when a teacher told him that he should be designing clothes. Wong changed his major, and the rest is fashion history. Philly Fashion Week is celebrating its 12th year in 2017, and will feature...Read More

Philadelphians Embrace “LOVE”

February 23rd, 2017 Shannon O'Donnell Comments Off on Philadelphians Embrace “LOVE”

Aside from the Liberty Bell and the Rocky steps, what do you think of when you think of visual symbols of the city of Philadelphia? Obviously, the LOVE statue - with "LO" on top (with a tilted O) and "VE" on the bottom. The statue is so iconic that there's a park built around and named after it. There's no better icon for a place known as The City of Brotherly Love. But do you know the history of the...Read More

Buying vs Renting: MYTHBUSTING

February 22nd, 2017 Terence Cesarine Comments Off on Buying vs Renting: MYTHBUSTING

Let’s be honest..if you have been renting in the Philly area at any point over the last few years and are not living the commitment-free, alcohol-laden dream that is college, chances are you have thought at some point about the idea of buying a place. Those thoughts may have started and ended with “I’m not buying anything--I can’t afford it”. Or maybe “I don’t know where I’m going to be in 5-10 years so I don’t want to make that...Read More

500 Walnut Sets New Bar for Luxury Philadelphia Living

February 21st, 2017 Shannon O'Donnell Comments Off on 500 Walnut Sets New Bar for Luxury Philadelphia Living

They've been talked about for years now - including the rumor that Jay-Z and Beyonce were buying the penthouse - but the luxury condo units at 500 Walnut are nearing completion. Final work is being wrapped up on the building, and residents will be able to move in this summer. Developer Tom Scannapieco is making a name for himself as Philadelphia's go-to guy for top of the line living. He can brag that he has created the highest-selling condo in the...Read More

Grocer, Distributor Revenue Down Since Soda Tax

February 20th, 2017 Shannon O'Donnell Comments Off on Grocer, Distributor Revenue Down Since Soda Tax

It stood to reason that the soda tax was going to have an impact on the sales of sweetened beverages in the city of Philadelphia, but now the first wave of fiscal results are rolling in and the actual results are nothing short of dramatic. Bloomberg reports that, since the levy went into effect January 1st, some grocers and distributors are seeing as much as a fifty percent drop-off in revenue. Bloomberg cited the examples of Canada Dry Delaware Valley, a...Read More

Ridesharing Apps Bring Big Money in Philly

February 17th, 2017 Shannon O'Donnell Comments Off on Ridesharing Apps Bring Big Money in Philly

According to the Philadelphia school district, ridesharing apps Lyft and Uber brought in a combined $44 million in their first two months of legality. According to the Philadelphia Inquirer, this data was gleaned from tax revenue coming in. That means that the services are averaging $5.5 million a week in the City of Brotherly Love, starting on November 4th, 2016 and going through the last day of the year. As part of making ridesharing legal, the city laid out a 1.4...Read More

Will Pennsylvania Change State IDs?

February 16th, 2017 Shannon O'Donnell Comments Off on Will Pennsylvania Change State IDs?

As of right now, Pennsylvania's state IDs are a bit of a problem. The Keystone State is one of only a few states left in America that hasn't made its drivers licenses and IDs REAL ID compliant. REAL ID is a form of identification that came about following the 9/11 terrorist attacks. It is supposed to meet stricter regulations for safety and verification of identity. In REAL ID states (such as my home state of Florida), drivers and those seeking...Read More

Vanguard Chooses Center City Satellite Office

February 14th, 2017 Shannon O'Donnell Comments Off on Vanguard Chooses Center City Satellite Office

Yet another business has chosen Center City as a new home. The downtown core of Philadelphia is one of the city's hottest locations for real estate, as proven by the fact that a mutual fund company is opening an "innovation center" there. Vanguard's headquarters are enormous and based in Malvern, Pennsylvania. The new location, situated at 2300 Chestnut Street, will occupy just two floors of the historic building. At first, just twenty employees will staff the location. Vanguard is expecting that...Read More

Just Listed: 1739 Christian St, Philadelphia, PA 19146

February 13th, 2017 Frank L. DeFazio Comments Off on Just Listed: 1739 Christian St, Philadelphia, PA 19146

Just Listed: $695,000 Move in ready, very well maintained 3 bed, 2.5 bath home in Graduate Hospital! The first floor features tons of natural light, open living and dining room, hardwood floors and recessed lighting throughout, central air, huge kitchen with breakfast bar, granite countertops, backsplash and stainless steel appliances. Walk up the oak staircase to the second floor with 2 bedrooms, full bath and linen closet. The third floor features the master bedroom, walk in closet, master bathroom with glass...Read More