Why Is So Much of the Wildwood Boardwalk for Sale?

wildwood strand

A LoopNet listings photo to market the Wildwood boardwalk’s Strand to potential buyers.

There seems to be a wide-spread belief that Five Mile Island – Wildwood, North and West Wildwood, and Wildwood Crest – was struck by Hurricane Sandy. Not true. Wildwood suffered virtually no storm damage, and Sandy had nothing to do with the marketing of these three Boardwalk properties.

It is axiomatic on the Wildwoods Boardwalk that properties between the two main Morey’s Piers are the most desirable, and these three properties (pictured in the gallery below) are on that coveted main stem. That fact alone, of course, is no guarantee of success for tenants. They have to know how to work the Boardwalk and be willing to put in the long, grueling hours that are demanded throughout the short summer seashore season. It’s not for everybody. Every season, Boardwalk amateurs, hopes high, open venues, only to take a salt water bath. It ain’t easy. Sometimes they stiff the landlord.

There are several other reasons Boardwalk property owners put up for sale signs. The Boardwalk Mall, long a landmark, lost two major tenants this year, and truth be told, the remaining tenants are a hodge-podge of tee-shirt shops and the rest of the stores that already line the Boardwalk outside. Despite the Weiland whale mural on the side of the building, the Boardwalk Mall is not the prime property it once was. But it will remain; it’s in good physical shape and the second floor, with it’s broad, graceful, curved ocean-view window will doubtless draw a new tenant, despite the constantly-rising rents.

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Mod Chestnut Hill Manse Is a Great Place for Your Art Collection

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TREND photo courtesy BHHS Fox & Roach

Between the excellent lighting and the open floorplan, this Chestnut Hill home looks as if it was designed to house a modern art collection. The current owners have certainly taken advantage of the space and installed some delightful pieces throughout (we love the idea of the Mona Lisa hanging in a chartreuse bathroom).

In addition to the open plan, the home features three bedrooms and three full baths. The living space is wide and airy and the kitchen has mirrored tile and some very orange cabinetry that somehow seems to work in concert with one another.

In addition to the two-car garage, the exterior of the home has two huge features as far as we’re concerned. First, you have a private pathway with your own entrée to Chestnut Hill (OK, so it’s really just a private walk to Norwood Avenue which itself leads into Chestnut Hill, but still!). Next, there appears to be an amazing piece of outdoor art grazing in the back yard. We’re sold if the cow is included in the deal.

THE FINE PRINT
Beds: 3
Baths: 3
Square feet: 3,956
Price: $745,000




TREND photos via BHHS Fox & Roach
Listing: 104 E. Bells Mill Rd., Philadelphia, PA 19118

Inside the Greenest Building In Town

paseo verde

Image of Paseo Verde apartment house via Paseo Verde website.

Imagine an apartment where the thermostat can tell you when you’re using too much energy. How about an apartment building where bikes outnumber cars in its (mostly empty) parking garage?

We’re sure there’s nothing quite like that anywhere else in Philadelphia.

In fact, there’s nothing like Paseo Verde anywhere else in the country: It’s the first mixed-use, mixed-income residential-commercial structure to earn the new LEED-ND Platinum certification.

The “ND” stands for “Neighborhood Development,” and Paseo Verde is large enough to qualify as a neighborhood unto itself. Last week, the Urban Land Institute Philadelphia chapter offered its members a chance to take a look around the neighborhood, and we went along for the trip.

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