CenterCityTeam Category

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

Vanguard will open its satellite office on Chestnut Street in the second quarter.

Vanguard is expecting that the move-in will be complete by the second quarters. In terms of long-term goals, they are thinking that they will eventually have about one hundred employees – and maybe even some external partners – working in the innovation center. The company is jumping on the current bandwagon trend of businesses chosing older buildings with character rather than sleek 80s- and 90s-vintage skyscraper space as their homes.

What do we know about the building where Vanguard will make its second home? Well, according to the Philadelphia Business Journal, “Known as the Philadelphia Design Building, the 100,000-square-foot historic structure has been marketed by JLL as creative office space. Among its tenants are Saxbys Coffee, which has its headquarters in the building, Lauletta Birnbaum, a New Jersey law firm that has a satellite office, as well as Running Press.”

The building has going for it access to some of Philadelphia’s leading educational hubs, including Drexel University and UPenn, the latter of whom Vanguard aims to work with. For employees’ convenience, it is also close to 30th Street Station.

According to Vanguard spokesperson Arianna Sherlock, the company has been eyeballing Center City as the location for a satellite office since about November. What made the Chestnut Street location a winner? An open floor plan, big windows to let in plenty of light, and location, location, location.

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

1739-christian-st

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 shower and jetted tub. The den has wonderful skyline views of the city! Finished basement with half bath and laundry room. Don’t forget to check out the roof deck! Tax abatement through 2021.

1739-christian-st-5 1739-christian-st-3 1739-christian-st-2 1739-christian-st-1

rank L. DeFazio

CenterCityTeam Founder and Chief Executive Officer

Berkshire Hathaway Fox & Roach Realtors

530 Walnut Street, Suite 480

Philadelphia, PA 19106

215.521.1623  Direct

610.636.4364 Cellular

888.308.1148  Fax

Frank@CenterCityTeam.com

www.CenterCityTeam.com

PA License # RS299840

Over $80 million and 163 homes sold in 2016!

CenterCityTeam Awards

2016, 2015, 2014 “America’s Best Real Estate Agents” – national award by Real Trends, Trulia, Zillow, WSJ

2016, 2015, 2014 PREA 100 – Top 100 Real Estate Agents Nationally at Berkshire Hathaway

2016, 2015, 2014 Best of Trulia Top Agent Award

2016, 2015, 2014, 2013, 2012, 2011, 2010, Philadelphia Magazine Top Real Estate Agent 

Just Sold: 1101 Washington Ave Unit #506, Philadelphia, PA 19147

February 13th, 2017 Frank L. DeFazio Comments Off on Just Sold: 1101 Washington Ave Unit #506, Philadelphia, PA 19147

 

1101-washington-506

Just Sold: $491,000

Rarely offered: Stunning corner 2 bedroom plus den, 3 bath bi-level New York style loft located at the Lofts of Bella Vista. This stylish apartment features modern details throughout, including iron railings, polished cement & hardwood floors, two story exposed brick walls and immense windows with abundant sunlight spilling in. Stunning views facing east and capturing Center City. The first floor is a grand open space with one area that can be an office or converted back to a bedroom, a luxurious full bathroom, closet space, upgraded modern European style kitchen, and a floating iron staircase leading to two bedroom suites. One faces east, with its custom closet and full bath, the other faces the gorgeous Center City views with large closet space and another full bath. This home comes with 1 deeded parking space in the heated garage, with potential for a lift for 2-car parking. Pet friendly, 24 hour doorman and elevator building with contemporary lobby, gym, community room, and storage units ($100/mo fee for storage).

1101-washington-506-5 1101-washington-506-4 1101-washington-506-3 1101-washington-506-2 1101-washington-506-1

Frank L. DeFazio

CenterCityTeam Founder and Chief Executive Officer

Berkshire Hathaway Fox & Roach Realtors

530 Walnut Street, Suite 480

Philadelphia, PA 19106

215.521.1623  Direct

610.636.4364 Cellular

888.308.1148  Fax

Frank@CenterCityTeam.com

www.CenterCityTeam.com

PA License # RS299840

Over $80 million and 163 homes sold in 2016!

CenterCityTeam Awards

2016, 2015, 2014 “America’s Best Real Estate Agents” – national award by Real Trends, Trulia, Zillow, WSJ

2016, 2015, 2014 PREA 100 – Top 100 Real Estate Agents Nationally at Berkshire Hathaway

2016, 2015, 2014 Best of Trulia Top Agent Award

2016, 2015, 2014, 2013, 2012, 2011, 2010, Philadelphia Magazine Top Real Estate Agent

Where to Celebrate Valentine’s Day in Philly

February 13th, 2017 Shannon O'Donnell Comments Off on Where to Celebrate Valentine’s Day in Philly

So, Valentine’s Day is tomorrow. If you have a significant other in your life, it’s the day meant to show them just how much you really care. Now, we all know that true love is about so much more than a Hallmark card and some roses, but it never hurts to make the apple of your eye feel special. In Philadelphia there are plenty of places for you to wine and dine your sweetheart in style. Read on to find out a flurry of recommendations.

valentine's day

Philadelphia is a romantic city, so it’s no surprise that it brings the LOVE (get it?) on Valentine’s Day.

If you trust USA Today, which published a list of the most lovey-dovey eateries in each state, Talula’s Garden in Washington Square wins the prize for most romantic. The newspaper worked together with review aggregator Yelp to comb through all the restaurants in each state, looking for reviews that specifically mentioned romance. Pennsylvania’s top hit just so happens to be in the City of Brotherly Love. Talula’s Garden serves “farm fresh American fare” and is fronted by chef Stephen Starr.

Or you could go with one of Uber’s most-requested Valentine’s Day restaurants. The ridesharing monolith released a few details about V-Day trends in Philly. First of all, the most lovers end up at an eatery in Center City, although some stray to South Philly or Spring Garden. Secondly, cost is not an issue when they are treating themselves. All types of cuisine made their way to the Top 10 list, but most-represented were American and Italian fare. Some picks from Uber include Barbuzzo Mediterranean Kitchen & Bar in Center City, Alla Spina in Spring Garden, and Twenty Manning Grill in Rittenhouse Square. The full list is here.

Then there is the PhillyVoice’s list of Valentine’s Day prix-fixe gems around the city. On the list? Baril a French resto in Rittenhouse Square, Del Frisco’s Double Eagle Steak House on Chestnut Street, and Russet, which will celebrate its birthday on Valentine’s Day. These three are in addition to several others.

Just Sold: 1903 W Diamond St, Philadelphia, PA 19121

February 10th, 2017 Frank L. DeFazio Comments Off on Just Sold: 1903 W Diamond St, Philadelphia, PA 19121

1903-w-diamond

Just Sold: $327,500

Check out this multi-unit property located just blocks from Temple University Campus. Each unit in this triplex has 3 bedrooms and 1 bathroom. Each unit is separately metered. A true turnkey investment that offers tremendous value.

1903-w-diamond-5 1903-w-diamond-4 1903-w-diamond-3 1903-w-diamond-2 1903-w-diamond-1

Frank L. DeFazio

CenterCityTeam Founder and Chief Executive Officer

Berkshire Hathaway Fox & Roach Realtors

530 Walnut Street, Suite 480

Philadelphia, PA 19106

215.521.1623  Direct

610.636.4364 Cellular

888.308.1148  Fax

Frank@CenterCityTeam.com

www.CenterCityTeam.com

PA License # RS299840

Over $80 million and 163 homes sold in 2016!

CenterCityTeam Awards

2016, 2015, 2014 “America’s Best Real Estate Agents” – national award by Real Trends, Trulia, Zillow, WSJ

2016, 2015, 2014 PREA 100 – Top 100 Real Estate Agents Nationally at Berkshire Hathaway

2016, 2015, 2014 Best of Trulia Top Agent Award

2016, 2015, 2014, 2013, 2012, 2011, 2010, Philadelphia Magazine Top Real Estate Agent 

New Ping Pong Joint Coming to Philly

February 10th, 2017 Shannon O'Donnell Comments Off on New Ping Pong Joint Coming to Philly

First it was the axe-throwing place, now ping pong. You really can do anything for fun in Philadelphia.

News broke recently that SPiN, “The Original Ping Pong Social Club,” will be opening a Philadelphia location this July. It’s unlikely that the City of Brotherly Love will know what hit it. You might be thinking… why ping pong? Isn’t that a geeky pastime enjoyed by the likes of Forrest Gump and really intense Asian dudes? To that, I say… have you tried it? SPiN is banking on the fact that you haven’t, and that it’s just wacky enough for you to test out. And that, once you do, you’ll have a lot of fun.

ping pong

SPiN will feature the perfect environment for ping pong play, parties, tournaments, and corporate events.

According to a press release, “SPiN, the original ping pong social club from New York City, is a global brand renowned for its eclectic mix of high-energy social play, design and experiential entertainment.” And Philadelphia is just the place for ping pong, says SPiN CEO Pieter Vanermen, who noted that Philadelphians have perfected the balance between work and play, and lauds the city as “extraordinary, especially its celebration of art, food and music.”

At SPiN, up to 500 guests can fill out the spacious 12,000-square-foot location. There will be seventeen Olympic-caliber ping pong tables, private lounges, food available, and a bar. There’s a feast for the eyes and ears as well: as per the press release, “PiN will continue their tradition of creating multi-sensory interiors through the blending of graffiti, street style art, murals from local artists, and a House DJ booth that overlooks center court.” There will be private lessons, tournaments, walk-in games, and even ping pong parties! SPiN employs Event Professionals who can help you plan the perfect party, whether corporate or simply bringing your friends together.

SPiN is expanding globally. It currently has locations in New York, Chicago, San Francisco, Los Angeles, and Toronto.

Ice Cream Shop Serves “ImPeach Sundae”

February 9th, 2017 Shannon O'Donnell Comments Off on Ice Cream Shop Serves “ImPeach Sundae”

I scream, you scream, we all scream for ice cream. Especially in these times of protests, contentious Cabinet confirmations, and general political turmoil, who couldn’t go for the cold comfort of a sweet frozen treat to dull their woes? If you are feeling revolutionary and need some extra calories to fuel your rage, the Franklin Fountain ice cream shop in Old City has just the answer for you. Enter the “ImPeach Sundae.” Named, obviously, for the (currently internet-petition-based) movement to impeach the current president for emoluments – a word that I only just figured out how to pronounce yesterday – or just generally for breathing the same air as us, the sundae is one that lampoons Donald Trump on multiple levels.

ice cream

Pictured: the ImPeach Sundae in all its glory.

The main dish is homemade peach ice cream, as the name suggests, covered in “nuts from the cabinet.” Judging from the picture, there’s walnuts, pistachios, almonds, and more. The dish is served with a side of the seasonal exclusive savory tomato ice cream – it’s orange! – which is topped with Cheetos. I would call the whole thing a sick burn, but definitely more of a freezer burn.

Eric Berley, the co-owner of Franklin Fountain, said that he has plans for other politically-motivated confections on the menu. Next up: a bastani sonnati, which is a traditional Persian ice cream, in a saffron flavor with pistachio and rose. Berley calls the treats a “soft protest” against Trump and his unpopular immigration bans on arrivals from seven Muslim-majority countries. The Berley family has a history of commenting on both local- and national-level politics with its frozen treats. According to Billy Penn: “Last year they made both a Bernie flavor and a Hillary flavor of ice cream, and Berley recalled offering “Nutter Butter Pecan” ice cream and “Al Toblerone Tobenberger” ice cream during the 2007 Philadelphia mayoral election that pitted Democrat Michael Nutter against Republican Al Taubenberger.”

If you want to try the ImPeach Sundae, you’d better act fast: Berley says there are a limited number of servings of the tomato ice cream left.

 

Just Listed: 50 S 16th St Unit #4403, Philadelphia, PA 19102

February 8th, 2017 Frank L. DeFazio Comments Off on Just Listed: 50 S 16th St Unit #4403, Philadelphia, PA 19102

50-s-16th-st-4403

Just Listed: $740,000

Fall in love with this luxurious condo in the sky offering two bedrooms, two bathrooms with unobstructed West facing views at the magnificent Residences at Two Liberty! When you enter the welcoming, private resident’s lobby you are immediately greeted by the friendly door staff and concierge, which is at your service 24/7. This bright and airy unit features an open floor plan featuring a spacious living room, dining room and kitchen, perfect for entertaining, and boasts breathtaking views from walls of windows with remote operated shading system. The gourmet chef’s kitchen features Snaidero cabinets, granite countertops, Miele appliances and Sub-Zero refrigerator, wine cooler and built-in espresso machine. Master bedroom suite includes a beautiful marble bath with glass enclosed shower and separate jacuzzi tub, dual vanities, and generous closet space with custom built-in organization. With some of the best amenities in the city, 2 Liberty’s owners have access to a state-of-the-art fitness center/spa with endless pool, steam showers, sauna, yoga studio and massage rooms. Residents also have a business center with boardroom, billiards hall, a chauffeured Mercedes S500 town car and room service available from the outstanding R2L restaurant, at their fingertips. This unit has been meticulously maintained and has over 8 years left remaining on the Tax Abatement. 2 Liberty is a pet friendly condo, and with a Walk Score of 100, it is mere steps away from Rittenhouse Square, Dilworth Plaza, world renowned museums, and hundreds of amazing restaurants and shops. Schedule a showing to view this gorgeous walker’s paradise today!

50-s-16th-st-4403-9 50-s-16th-st-4403-8 50-s-16th-st-4403-7 50-s-16th-st-4403-6 50-s-16th-st-4403-5 50-s-16th-st-4403-4 50-s-16th-st-4403-3 50-s-16th-st-4403-2 50-s-16th-st-4403-1

Just Listed: 177 Parker Ave, Philadelphia, PA 19128

February 8th, 2017 Frank L. DeFazio Comments Off on Just Listed: 177 Parker Ave, Philadelphia, PA 19128

177 Parker Ave 2

Just Listed: $279,900

Investor Alert: Cash flowing duplex within walking distance to Ivy Ridge Train Station and Main Street in Manayunk w/ 2 CAR PARKING!!! Each unit has 2beds/1bath. Property is well maintained. Low maintenance, perfect for investor or owner occupant. Contact listing agent for lease information. Both units newer carpets and mechanicals, dining areas, washer/dryers in unit, and central air/heat. Convenient to everything Manayunk and Center City have to offer. Easy access to public transportation and 76, 676, 95.

177 Parker Ave 3 177 Parker Ave 4 177 Parker Ave 5

177 Parker Ave

Frank L. DeFazio, JD (previously licensed to practice law in PA/NJ)
Berkshire Hathaway HomeServices Fox & Roach, REALTORS
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623 Direct
610.636.4364 Cellular
888.308.1148 Fax
Frank@CenterCityTeam.com
www.CenterCityTeam.com
PA License # RS299840
Click Here to get your home’s value instantly for free!
Over 48 Million in 2014 sales!
2015, 2014 “America’s Best Real Estate Agents” a prestigious national award by Real Trends, Trulia and Zillow recognized in the Wall Street Journal

Philadelphia School District Makes Controversial Calendar Changes

February 8th, 2017 Shannon O'Donnell Comments Off on Philadelphia School District Makes Controversial Calendar Changes

It’s always a big deal when the Philadelphia School District makes changes to its calendar. After all, many Philly residents have children in school, and so these changes can have a major impact on family life and scheduling. The District just released its calendars for the next two school years: 2017-2018 and 2018-2019. There were some notable changes from the current schedule on those calendars, and the amendments have caused somewhat of an uproar.

calendar

The Philadelphia School District has released its academic calendars for the next two years, and there have been some interesting changes.

First of all, in 2018-2019, one of two days off that were normally set aside for Rosh Hashanah will again be counted as a school day. This is a difference from this year’s calendar, in which both days of the Jewish holiday were off days. Some have predicted that this change will inevitably cause tumult for the District, as Jewish faculty take the day off anyway and there’s a scramble for substitutes, and students will be absent in large numbers, which is never desirable. The new calendar maintains the traditional day off for Yom Kippur.

The school year will also start earlier in 2019-2019, and spring break will be shortened. The explanation behind this is that an earlier start to the school year means fewer weeks of interrupted instruction before the winter holiday, and also that schools will let out earlier. Again, this is a change that has critics. They argue that schools will be too hot if the year begins in late August (this past year, schools had to take one heat-related day off), as many schools lack air conditioning and the District is hundreds of millions of dollars behind on updating its cooling systems. Plus, parents may have to navigate additional childcare for the shorter break.

According to The Algemeiner, “School district deputy chief of communications Lee Whack said that the calendar changes were made on December 15, after an open process that included members of the Jewish community.” Neither parents nor teachers were asked for their input, however.