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Fear not, vinyl devotees: Though the space at 27 North Second Street is for rent, a.k.a. music is here to stay.
“Nah, we’re not going out of business,” says owner Mike Hoffman. “We might move around the corner, we’re not sure. If all the stars line up, we’ll move. If they don’t, we’ll stay.”
This has been a public service announcement for all nervous music lovers in the Philadelphia area. You’re welcome.
Zillow’s latest research shows that nationally and locally home values are up, based on an analysis of 515 metropolitan and micropolitan areas, with 35 of the largest metros areas — Philadelphia included. Here are some overarching stats:
U.S. home values rose 0.5 percent in August 2014 from July, to $175,600.
On a year-over-year basis, home values were up 6.6 percent from August 2013.
The last time national home values were at this level was in March 2005.
Rents were up 3.3 percent on an annual basis.
The calls for 3.1 percent appreciation from August 2014 to August 2015.
In August, Philadelphia, like most of the largest metros, experienced an increase in home values. But it wasn’t a leader: The highest increases were in Miami-Fort Lauderdale, Las Vegas, Riverside and Atlanta. Even so, none of the increases bring any of the metros up to the peak home values from April 2007.
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TREND photo via Keller Williams
Here’s a Bella Vista duplex with two one-bedroom apartments that’s likely to be a good investment. The reason? The location: an area that, no matter its transformation and influx of new, young residents — both single and with small children — remains safe, stable and filled with the house-proud. There are still plenty of renters, like the two people who currently live in the building, and given how hard it is to find good rental units in South Philly, these are probably highly coveted. As you can see, the first-floor unit has plenty of charm, with hardwood floors, a backyard and a wood burning stove, for god’s sake. The upstairs unit also has hardwood floors, a full bathtub and a roof deck — and both units have a washer/dryer.
The building is on a triangle of land bordered by East Passyunk Avenue, Christian and 7th Street. Residents are right by Shot Tower Coffee, which is a very nice place to be, as well as other neighborhood conveniences. Take a look at the gallery below.
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TREND photo via BHHS Fox & Roach – Haverford.
This reproduction 18th-century farmhouse was a Belber Builders project, completed in 1988. That well-known Main Line firm, founded in 1939, also did Rabbit Run Rd, Devon Green, Oak Knoll, Sugar Knoll, The Highlands and many other ground-up and restoration/renovation projects in the area. The three-story home sits on almost three and half landscaped acres that include flagstone patios, a built-in grill, gardens, a pool and a pond. There’s also a detached three-car garage with finished office space on its second floor.
As for the interior, take a look at the gallery below.
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The village is called Southern 1910, will look exactly like Society Hill and will be in Dalian, a coastal city in northeastern China. The Inquirer’s Erin Arvedlund has the details on how Chadds Ford’s John Milner Architects won the business and impressed Chinese developers.
Dalian Common Property Development retained John Milner Architects to design and plan the gated community, where 200 Georgian-style brick homes will sell for between $1 million and $4 million. Of those, 65 have already been sold, ranging from 3,500 to a whopping 7,500 square feet.
In order to win the business in the first place, Milner told Arvedlund that he arranged a two-week long series of bus tours for the Chinese developers. They visited Fairmount Park, Cliveden and Mount Pleasant, among other 18th century city sites.
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Some of what’s been offered at past Phila Flea Markets sales. Photo via philafleamarkets.org.
1. Phila Flea Market. The latest installment of those amazing Center City vintage markets that go on for blocks and make disinterested pedestrians want to murder you. For Property readers, items of interest might include home accents (pottery, signs, vintage tins and other mantel-lining tchotchkes); furniture; and outdoor home and garden tools. Saturday, 8am-5pm.
2. Ardmore Open House. Put aside any preconceived notions about “the Main Line” and check Ardmore out if you don’t know it already. It’s actually really unpretentious, and this neighborhood fest should be a solid opportunity to get a feel for things. There’ll also be a historic tour of downtown. Easy to get there by train, but there’s free parking too. Saturday, 11am-4pm.
3. Yardley antiques sale. This listing actually says “garage” sale, but when I think garage sale, I think of a lesser beast than this offering of antiques and collectibles. Included? Working antique mantelpiece clocks, vintage toys and signs, glassware (including Anchor Hocking, for those who like that), and other goodies. Saturday, starts 9am.
The new project’s homepage invokes the building’s educational roots with a photo by Katrina Ohstrom.
If the former Edward W. Bok School actually is transformed the way developer Lindsey Scannapieco plans, it’ll be the city’s “largest creative community space,” according to the nonprofit urbanism org Next City, which presciently made Scannapieco a 2014 Next City Vanguard member. Scannapieco’s company, Scout Ltd., was picked by the Philadelphia School District and School Reform Commission (SRC) after an open auction process moderated by PIDC. Now Scout is tasked with refashioning the hulking block-long building—we’re talking 340,000 square feet—into a dynamic multi-use space that’ll cater to artists, entrepreneurs, and “Philadelphia creatives.”
From the project website:
Offering an unprecedented concentration of space for Do-It-Yourself (DIY) innovators, artists and entrepreneurs, our proposed new use will channel the maker and craftsman roots of Bok’s history into a new showcasing space for Philadelphia’s leading creative talent. Featuring on-site parking, high volume spaces, hardwood floors, heavy floor loading capacities and a critical mass of creatives, this building will be unlike anything else within the region.
There will be:
- “affordable” rental apartments
- 5 roof terraces for public use, i.e., rooftop cinema, outdoor beer terraces
- variety of work spaces
- ground floor with “active, engaged and innovative uses that will build on the energy and new businesses of the East Passyunk Crossing neighborhood.”
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One of the prettiest streets in Philly, the 2100 block of Green Street in Fairmount, has a condo unit up for sale in one of its prettiest buildings. This apartment in this four-unit condo brownstone is the corner unit, with windows facing north, south and west. There are multiple skylights for yet more light, including one that looks down on a built-in water-fed planter. The living room’s glass doors lead to a deck, but on cold days, the same room also has a word-burning fireplace.
Between the light coming in and the current decor, the home has a distinctly Central American feel, augmented by the plethora of Mexican tile throughout. The unfinished basement was previously used as a craft studio, so creative types will find it hospitable for that purpose.
Parking includes one indoor garage space and one driveway space. Check out the gallery. It’s a beautiful space—and that pretty flower garden in front doesn’t hurt either.
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I’ve decided to call the area around Callowhill between 18th and 22nd Whole Foods Squared, since there will be two Whole Foods within mere blocks of each other, one of which will be on Rodin Square. It’s one of those invented sub-neighborhood names that will surely take off. At least on this blog.
At any rate, the newest addition to the WFS ’hood will be a hot yoga studio at 1828 Callowhill, around the corner from WF#1, where yoga mats and refillable bottles are on sale.
And with 293 luxury apartments opening just blocks away, I’d say Priya Hot Yoga‘s owners have the right idea.
“There’s a lot of great energy in that neighborhood,” co-owner Katie Sandy told Be Well Philly. “I think it’s just a very positive neighborhood, and we thought it could use something like this.”
Sandy and has two business partners in the venture, whose 2,200-square-foot space will also include a sit-down cafe. Smart, smart, smart.
For more, check out our sister site’s coverage over here.
Ten minutes north of the Oxford Valley Mall is an unobtrusive building recently acquired the Advalurem Group, a New York-based real estate investment firm. The property, located at 1000 Floral Vale went for $19 million.
Built in November of 2009, the 89,000-square-foot office building in Bucks County holds a LEED Gold certification for “meeting energy efficient and environmentally safe design standards”. The construction, which has 80 percent of its space leased, caught the firm’s attention upon realizing its location would prove advantageous.
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