What $500K Will Buy You in Point Breeze

1423 S. Colorado St., Philadelphia, Pa. 19146 | TREND image via Keller Williams Realty

If “love is a battlefield,” as Pat Benatar once sang, then there’s a lot of love flowing through Point Breeze, the South Philly neighborhood that has served for a decade plus as the poster child for gentrification and its discontents. On the one hand, the neighborhood boasts a growing number of great places to dine, shop and socialize, and the neighbors are friendly — well, the overwhelming majority of them, anyway. On the other, there are people out there who, it appears, are very upset about all this change. Actually, it seems the bulk of their ire is directed at one particular change agent, for all of the other new homes in Point Breeze, like this week’s three featured homes, have been built and occupied without incident.

But if the recent news leaves you feeling jittery, the following facts may soothe your worries about purchasing in Point Breeze. According to Zillow, Point Breeze has seen a 20.2 percent rise in home values over the past year and there is a projected 6.1 percent hike in prices for 2017. Redfin also predicts Point Breeze will be one of the hottest Philly neighborhoods for 2017. If you ask us, now seems like the right time to buy. As the meidan listing price for homes in Point Breeze is $255,000, a $500K budget will secure more than a comfortable space — and we’ve listed three great options below. So, ask yourself: are you ready to pounce on a new pad? Read more »

Ori Feibush Offers $90K for Arson Info, Bringing Reward Money to a Whopping $100K

Developer Ori Feibush is offering a $90,000 reward for information leading to the arrest of the arsonist or arsonists who police say ignited the fire that destroyed several of his Point Breeze properties earlier this month.

Yesterday, the Philadelphia Police Department’s Arson and Explosives Task Force released footage of a “person of interest” in its investigation of the fire, a two-alarm blaze at 1310 South 20th Street, which required 75 firefighters to bring it under control. Police say the fire was started around 4:15 a.m. on May 1st.  Read more »

Police Release Image of “Person of Interest” in Feibush Arson

Photo courtesy of the Philadelphia Police Department.

With hope that the public may be able to assist in their ongoing investigation, police have released a grainy surveillance image of an unidentified man considered a person of interest in the May 1st arson in Point Breeze that gutted four partially built townhomes owned by developer Ori Feibush.

At approximately 4:15 a.m., officers from the 17th District responded to reports of a fire at 1308 South 20th Street, which had spread to 1316 South 20th Street by the time police arrived to the scene. Read more »

Common Threads in This Year’s Rouse Award Residential Finalists

Even Folsom Powerhouse, the most residential of this year's Rouse Award finalists, incorporates mixed uses in the form of an updated take on the traditional corner store. | Photo: Postgreen Homes

Even Folsom Powerhouse, the most residential of this year’s Rouse Award finalists, incorporates mixed uses in the form of an updated take on the traditional corner store. | Photo: Postgreen Homes

The Urban Land Institute Philadelphia District Council announced the finalists for this year’s Willard G. “Bill” Rouse Awards for Excellence last week, and five of the 14 finalists fall into the residential category, at least in part.

And it’s that “at least in part” part that’s one of the most significant common threads connecting the five projects. The message these projects deliver is one that urbanists, developers and planners have all been hammering home in one way or another for more than a decade now: Single-use is out, multitasking is in. (Toll Brothers, please copy.)

Not even the most residential of the five projects is exclusively residential, and that project has many other features that make it a standout. Read more »

Fire at Feibush-Owned Point Breeze Property Ruled Arson

Photo | Sandy Smith

Photo | Sandy Smith

On Monday, four Point Breeze townhouses owned by developer Ori Feibush burned to the ground – and now officials say the cause of the fire was arson.

The two-alarm fire at 1310 South 20th Street started at 4:15 a.m. on Monday, according to the federal Bureau of Alcohol, Tobacco and Firearms’ Philadelphia division. It reportedly took 75 firefighters about an hour to bring the flames under control. Read more »

First-Time Find: Pleasance in Point Breeze for $230K

1742 S. 24th St., Philadelphia, Pa. 19145 | TREND images via Coldwell Banker Preferred

1742 S. 24th St., Philadelphia, Pa. 19145 | TREND images via Coldwell Banker Preferred

It’s been over thirty years since the last time this Point Breeze rowhome was on the market – but thanks to a complete remodel by the owner, the property looks anything but dated.

Located on a tree-lined block close to South Philadelphia, even the exterior of this home is unique. Different from its neighbors, it features Permastone siding that contrasts nicely with its other black detailing. Read more »

Mattei Family Pizza Brings “Molise-Style” Pies to Point Breeze

mattei family pizza

“This area is about to blow up. All of the chefs are going to be coming down here, just like on East Passyunk Avenue,” said Mariano Mattei, chef and owner of Point Breeze Avenue’s freshly-opened pizzeria Mattei Family Pizza.

But how does Mariano plan on coaxing Philly’s hungry diners across Broad Street? With pizza, of course. “Molise-style” pizza.

Read more »

Who’s Building Philly: Rahil Raza

A completed Raza Properties home at 2824 W. Master St. in Brewerytown, currently on the market. | TREND image via Raza Properties

A completed Raza Properties home at 2824 W. Master St. in Brewerytown, currently on the market. | TREND image via Raza Properties

“Workforce housing” is one of the buzzwords du jour in the local development lexicon. Elected officials and builders alike see it as key to shoring up lower-income neighborhoods and ensuring that socioeconomic diversity survives in gentrifying ones.

Rahil Raza, founder and CEO of Raza Properties, grew up in a working-class family and sees his mission as meeting the need for good, affordable housing for Philly’s working class. To date, he has built 47 homes in three neighborhoods with sizable working-class (and lower) populations, Point Breeze, Sharswood and Brewerytown, and he has plans to build even more homes in the latter two neighborhoods. Read more »

Three Philly Neighborhoods to Watch in 2017

Spruce Hill's substantial rowhomes and twins are popular with the Penn crowd. | Photo: Plan Philly/Eyes on the Street, used under CC-BY-NC-ND-2.0

Spruce Hill’s substantial rowhomes and twins are popular with the Penn crowd. | Photo: Plan Philly/Eyes on the Street, used under CC-BY-NC-ND 2.0

The online brokerage Redfin has released its list of the “Hottest Neighborhoods for 2017,” and while none of the 10 hottest neighborhoods nationwide are in Philadelphia, it did offer up its choices for the three hottest neighborhoods in the city.

Topping the list is Spruce Hill in University City, where the median-priced home sells for $415,200, making it the most expensive of the three by almost double. Redfin agent Jimmy Caraway had this to say about the neighborhood: Read more »

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