Morning Headlines: Pantzer Properties Buys the Sansom For $42 Million

Photo credit: Google Street View

Photo credit: Google Street View

A new rental community seems to be in the works for the corner of 16th and Samson. The Philadelphia Business Journal’s Natalie Kostelni reports that New York-based Pantzer Properties has acquired an eight-story building at 1605 Samson Street, its second purchase on the block this year.

Pantzer previously bought the Oakwood Philadelphia at 1601 Samson for $28.87 million. That property, which has 80 residential units and 11,192 square feet of retail space, is slated to become a market rate rental community called the Point at Rittenhouse Row.

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Steven Cook and Michael Solomonov Opening Two New Restaurants

 

Photo by Steve Legato

Photo by Steve Legato

Steven Cook and Michael Solomonov who have gifted us with Federal Donuts, Percy Street Barbecue and Zahav have two new restaurants planned for early 2014. Both will open opposite Federal Donuts on the 1600 block of Sansom Street.

Dizengoff, a casual hummusiya will offer varieties of hummus with fresh pita, condiments and pickles. The 25-seat space will offer a select beer list and be open seven days a week. The restaurant is named for Dizengoff Street, a major Tel Aviv boulevard and the restaurant will be modeled after the hummus spots found all over Israel.

Abe Fisher promises to be “an approachable restaurant serving the cuisine of the Jewish diaspora.” Solomonov says the food will be inspired by “the foods and dishes found in the Jewish communities outside of Israel, from Montreal and New York, to France, Hungary and Italy.”

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DC’s Medium Rare Opening on the 1600 Block of Sansom

the-sansom

The Sansom, the high-end apartment project by Jim Pearlstein’s Pearl Properties is going to house Medium Rare, a steak frites restaurant operating in Washington DC. The under construction project takes up much of the north side of Sansom between 16th and 17th Streets (opposite Federal Donuts).

This is the second restaurant Pearlstein has landed this week. Marc Vetri announced that he’s opening Pizzeria Vetri in Pearl Property’s Granary project on Callowhill Street.

Medium Rare specializes in steak and frites, with the signature dish is available for just under $20. Co-founder Mark Bucher has Philadelphia roots, he was once an intern at WMMR. His grandfather, George Bucher was Civil Service Commissioner of the City and chairman of the City’s Board of Ethics, as well as the head of one of the city’s largest unions in the 60s and 70s.

has hired Philadelphia architect Richard Stokes to design the restaurant. Stokes has had a hand in several Stephen Starr Restaurants. Medium Rare is aiming for a fall opening.

Medium Rare [Official Site]