Manayunk’s Main Street Is Getting A New Store…For Runners!

Philadelphia Runner's new Manayunk storefront

Philadelphia Runner’s new Manayunk storefront

Some good news for Manayunk runners: Main Street is getting a new face thanks to Philadelphia Runner, Be Well Philly reports.

The athletic store, which has a projected “build out” date for this September, will have Canno Design (who just revamped Charlie is a sinner) working on its storefront. Be Well’s Emily Leaman also spoke to PR’s outreach coordinator who said,”We really think Manayunk’s best days are ahead, and we want to be a part of the continuing revitalization of the business corridor.”

Let’s hope so! The news comes after Bryn Mawr Running Company closed its doors a few doors down last fall.

New Details: Philadelphia Runner to Open New Manayunk Store [Be Well Philly]

Bryn Mawr Estate Hidden Behind Gatehouse Has Serious Potential

TREND photo courtesy Coldwell Banker.

TREND photo courtesy Coldwell Banker.

We are dreaming of what we could do with this private Bryn Mawr estate hidden behind a stone gatehouse and lofted among the trees. Built in 1964, the lines are giving off a serious MCM vibe. We yearn to take down the curtains (and the skateboards!) and open this home up.

The four-bedroom home boasts vaulted ceilings along with walls full of windows. The master bedroom and bath are on the main level and feature private deck access. There are also two family rooms, one of which has a very cool copper fireplace. The kitchen has a walk-in pantry. The bathroom will need a new shower curtain.
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Morning Headlines: The Gallery Is Getting A $106 Million Makeover

Gallery

Well, we can’t wait to see this! Yesterday, PREIT announced Macerich Co, a mall developer from California, will invest $106.8 million into redeveloping the Gallery.

Macerich owns fifty-five locations throughout the country, including the Deptford Mall. The Inquirer’s Joe DiStefano says the company, which is putting up funds along with PREIT on “on a 50/50 basis,” will be getting 50% interest out of the deal.

And what will we get out of it? Here’s what DiStefano reports PREIT’s CEO had to say: Read more »

University City District: Crime Is Down

The latest crime-update email from the University City District reports that for the month of June there was a decrease in crime, which is always what UCity landlords like to hear, especially as students begin to look for housing in July and August. Crime in the area is monitored and controlled not only by the Philadelphia Police Department, but by UCD, the Penn Police Department, the Drexel Police Department, and a host of other security details and town watches and public safety units from all the other institutions in the area. If you think about it, it should be the safest place in the city. Below, more stats.

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Property Moguls Behaving Badly: Peeing on Skittles

Ryan Gosling in the film All Good Things, loosely based on the life of Robert Durst.

Ryan Gosling in the film All Good Things, loosely based on the life of Robert Durst.

Son of the late real estate magnate Seymour Durst, and a real estate force in his own right, Robert Durst is once again in the news, but this time, it’s not about selling buildings.

Last week, he made news in the New York Post with the headline “Cross-dressing killer now making a killing in NYC real estate” after he sold two buildings in Brooklyn for $21.15 million.

Durst is a pariah in a family that owns many, many billions worth of property in New York (you know you probably won’t be invited to Thanksgiving when 12 of your relatives have restraining orders against you). But he’s still very much in the game: His wife is a New York real estate broker, and he has a chunky trust fund. Aside from those Brooklyn buildings, the Post’s Jennifer Gould Keil writes, “Durst has also gotten his hands on some killer real estate in Harlem, where prices have skyrocketed” and “reportedly paid $3 million in September 2012 for a 41.96 percent interest in Havemeyer Portfolio LLC.”

Why all the “killer” references? Well, Durst has a troubled history, to say the least.

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New Renderings of 205 Race Street

A new rendering of 205 Race Street, courtesy of the developers

The 197-foot 205 Race Street apartment tower to be located near the Ben Franklin Bridge has a long and acrimonious history. The developers, Jeffrey Brown and Greg Hill, have owned the site (now a vacant lot) for a decade, and this is their third attempt to develop it. In 2012, a version of the tower was opposed by the (now defunct) Old City Civic Association, which argued that its scale didn’t fit the historic neighborhood.

Inga Saffron weighed in, in favor of the tower, and City Council ended up passing a bill designed to allow it to go through.

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Sylvan Edge Estate Is Just Minutes From Lynnewood Hall

TREND photo via

TREND photo via Long & Foster

Given its proximity, it seems almost criminal not to mention Sylvan Edge’s fascinating neighbor, Lynnewood Hall, first. Thus, a little history of the phenomenal property that’s now on the market for $20 million:

The property, built in 1898 from a commission made by Peter A.B. Widener to Horace Trumbauer, had additions constructed by Trumbauer and Angus Wade. The former’s carriage house has echoes of Versailles’ Petite Trianon, making the nickname given to it by Widener’s grandson all the more appropriate: “the last American Versailles.”

Between 1909 and 1910, Trumbauer added the Van Dyck gallery for Widener’s growing art collection. A decade later, he re-imagined the carriage house so that it could serve as a residence for the family of Widener’s grandson. In 1996, doctor and Reverend Richard S. Yoon bought the property after its former owners, a seminary, had rid the estate of significant features. Interior shots of Lynnewood Hall can be found here. And videos here.

Sylvan Edge, on the other hand, is like a scaled down version of the Lynnewood estate. This gated home, which has been featured in the likes of Architectural Digest, is situated on a cobblestone Belgian block driveway with walled courtyard.

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Flyers’ Claude Giroux Buys Unit at 10 Rittenhouse

Photo by Laura Kicey.

Photo by Laura Kicey.

Does Claude Giroux care that he’ll be close to Cliff Lee and Jonathan Papelbon, who live at 1706, now that he bought a penthouse unit at 10 Rittenhouse? Do the Phillies and the Flyers guys hang out? (In fact, does anyone hang out with Jonathan Papelbon?)

Well, no matter. He has plenty of other bigwigs to hang with at 10 Rittenhouse, as the Philadelphia Business Journal’s Natalie Kostelni — the Brenda Starr of real estate reporting — revealed today. Last year, Property’s Shannon Rooney and Laura Kicey took a look at the penthouses in progress, and some of these photos are those being used to market the 29th-floor units, one of which Giroux bought for $2.2 million or thereabouts. Thus, we can assume the photos below represent the way Claude Giroux will now live:

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Unique Upper Merion Home Overlooking Gulph Creek

117 Arden Road, Gulph Mills, PA.

117 Arden Road, Gulph Mills, PA.

Don’t be fooled by the crisp white exterior of this eighteenth-century stone manse. It was once a cluster of individual textile mills, which have since been combined to create a roomy abode looking out onto the waters of Gulph Creek at Hanging Rock.

As one might expect, the woods-surrounded home has an interesting interior layout. For one thing, the floor plan permits for two master bedrooms, one of which has a custom-outfitted dressing room. Distinctive features include Mercer tile, exposed beams and timbers, and six fireplaces–all of which are artisan-crafted.

The home’s outdoor highlights are its terraced gardens, two-car garage with upper level, and numerous outdoor entertaining spaces. Gallery below.

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Barnes Architects and “Skyspace” Artist to Receive National Medal of Arts

The new Barnes Foundation in Center City

Newsworks reports that President Obama will award the National Medal of Arts to Billie Tsien and Tod Williams, architects of the new Barnes Foundation (as well as Penn’s Skirkanich Hall and two dorms at Haverford College), and to James Turrell, the extraordinary light artist who recently created one of his signature “skyspaces” in Chestnut Hill, along with nine other recipients.

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