Philadelphia Real Estate Blog

Bloomberg Throws Support Behind Soda Tax

May 4th, 2016 Shannon O'Donnell Comments Off on Bloomberg Throws Support Behind Soda Tax

The grand drama that is the journey of the would-be Philadelphia soda tax took another twisting turn recently. While visiting political luminaries have all had their say on the controversial tax proposed by Mayor Jim Kenney, ex-NYC Mayor Michael Bloomberg is putting his (copious) money where his mouth is... and financially supporting the measure. The soda tax as proposed would impose a three-cent-per-ounce levy on all sugary drinks (soda, sweetened ice tea, sports drinks, and so on). Kenney proposed the measure...Read More

In Struggling Sharswood, Philadelphia Tries to Rebuild

May 3rd, 2016 Shannon O'Donnell Comments Off on In Struggling Sharswood, Philadelphia Tries to Rebuild

The New York Times recently ran a story on the City of Philadelphia's efforts to rebuild the neighborhood of Sharswood, one of the most troubled areas of the city. While many cities struggling with urban revitalization choose to focus on building basic homes in the place of blighted properties, Philadelphia's plans for Sharswood extend far beyond that. The public housing authority is also looking at bringing in businesses and opening new schools as part of a larger plan to breathe...Read More

Just Sold: 130-36 N Bread St Unit #304, Philadelphia, PA 19106

May 2nd, 2016 Frank L. DeFazio Comments Off on Just Sold: 130-36 N Bread St Unit #304, Philadelphia, PA 19106

Just Sold: $230,000 Complete renovation in the desirable Castings Building! This fabulous newly renovated condo features New bamboo flooring throughout, kitchen with New gleaming granite countertops, New backsplash, sink, dishwasher, stainless steel refrigerator, and counter seating which opens to a bright living area. Spacious bedroom has a double closet and great views of the Castings private courtyard. Newly tiled bathroom, freshly painted, washer and dryer, central air, NEW hot water heater, NEW HVAC, trash chute, storage unit and bike rack in...Read More

Just Sold: 2046 Federal St Unit #C, Philadelphia, PA 19146

April 29th, 2016 Frank L. DeFazio Comments Off on Just Sold: 2046 Federal St Unit #C, Philadelphia, PA 19146

Just Sold: $330,000 Nestled in the heart of the growth and expansion of Point Breeze is 2046 Federal Street, a brand new construction condo building. Unit 3 comes with not one, but TWO separate outdoor spaces, including a massive roof deck with outstanding skyline views! Enter into the 3rd floor unit to find your first bedroom, full bathroom with stall shower, kitchen, and living room. Thanks to the huge sliding glass doors leading to the balcony off of the living room,...Read More

Just Sold: 2001 Hamilton St Unit #1609, Philadelphia, PA 19130

April 29th, 2016 Frank L. DeFazio Comments Off on Just Sold: 2001 Hamilton St Unit #1609, Philadelphia, PA 19130

Just Sold: $317,500 This 1 bedroom, 2 bath, corner unit in Cityview Condominiums has beautiful, expansive views of the city through large windows, letting in natural light. While there is one bedroom, there is a large den that can easily be walled off to create two bedrooms if needed! A cozy kitchen Living in this condo includes a covered parking spot. All HVAC units replaced in the last three years. This condo has close access to all Center City amenities, while...Read More

Harvard: Soda Tax Would Lead to Healthier Citizens

April 29th, 2016 Shannon O'Donnell Comments Off on Harvard: Soda Tax Would Lead to Healthier Citizens

In the past few weeks, you've undoubtedly heard a lot of furor over Mayor Jim Kenney's proposed "soda tax." The tax would be three cents per ounce on all sugary drinks, including soda, sports drinks, sweet teas, and others. It was praised by Hillary Clinton and derided by Bernie Sanders. It seems like everyone has an opinion on the soda tax. A new study, however, has weighed in heavily on the side of the tax, stating that it would lead...Read More

Just Sold: 1811-19 Chestnut St 707, Philadelphia, PA 19103

April 28th, 2016 Frank L. DeFazio Comments Off on Just Sold: 1811-19 Chestnut St 707, Philadelphia, PA 19103

Just Sold: $445,000 The Belgravia Building, one of Philadelphia's pre war residences. A TERRIFIC place to live!! This 2 bedroom 2/1 bath(marble baths), condominium has EXCELLENT Living and Dining SPACE. Open Kitchen with BREAKFAST BAR, all granite counter tops, and stainless steel appliances. Each bedroom is spacious and gracious. Washer/Dryer in unit. 24/7 door person, building with GYM! Enjoy living in this R I T T E N H O U S E S Q U A R E location just...Read More

Philadelphia Could Host the NFL Draft

April 28th, 2016 Shannon O'Donnell Comments Off on Philadelphia Could Host the NFL Draft

Philadelphia has gained a lot of national - and even global - exposure in the past year. In 2015, the City of Brotherly Love was honored by a visit by Pope Francis, and this year it will host the Democratic National Convention. Add to that the fact that Philadelphia has been named by several lists as one of the best cities in which to live, and you have yourself one very cool city. Now, Philly might be adding another jewel to...Read More

Clinton Celebrates Primary Win in Philadelphia

April 27th, 2016 Shannon O'Donnell Comments Off on Clinton Celebrates Primary Win in Philadelphia

Hillary Clinton had a very good day yesterday, sweeping four of the five East Coast states that were holding their primaries. She celebrated her wins in Philadelphia, in the Terrace Ballroom of the Philadelphia Convention Center with a crowd of around 1,300, many of whom were in either the Penn Democrats or Penn for Hillary. Of the five states that went to the polls yesterday: Pennsylvania, Delaware, Connecticut, Rhode Island, and Maryland, Clinton won all but Rhode Island, which went to...Read More

Just Sold: 2101 Chestnut St Unit #1213, Philadelphia, PA 19103

April 26th, 2016 Frank L. DeFazio Comments Off on Just Sold: 2101 Chestnut St Unit #1213, Philadelphia, PA 19103

Just Sold: $210,000 An upgraded turnkey 1 bedroom in the heart of the city! High floor, bright unit with hardwood floors, upgraded bathroom, kitchen, breakfast bar, and expansive city views. There's amble closet space and track lighting. ALL UTILITES and basic cable included. Building includes fitness center, business center with free wifi extending through lobby, and a 24-hour doorman. Rittenhouse Square at your fingertips. Delivered vacant or with a long term tenant paying a market premium, netting a 10% return for...Read More