Archive for January, 2015

Friday, January 30th, 2015

New Condos At Race Street Square.

By: Jarek Cotto

A new four-story building has appeared on the 100 block of Race Street over the past few months. It has been dubbed Race Street Square, and it is a quadplex that is replacing a surface parking lot at 138 Race St.

A few of these four condo units are still on the market. The prices range from $369K for a 1 bed/1.5 bath unit to $439K for a 2 bed/3 bath unit. They’re in a great area too. Located just down the street is the wonderful Race Street Pier which is just past the Race Street Connector. That’s not all either. The surrounding blocks have all the things that Old City is known for like bars, restaurants, galleries, places to shop and much more. It’s even far enough away from the hustle and bustle of Market Street, so the block is pretty quiet. Outside of the traffic across the street at bridge and Patco of course.

Just around the corner at Front & Quarry is a six-condo project that has progressed nicely. Unlike the project on Race Street, these homes will have parking for each unit. While each of these units will have a view of the bridge like those on Race Street, they’ll also have a view of the surface parking lot in the foreground as well. We look forward to seeing the outcome of these projects.

Monday, January 26th, 2015

FYI: CHOP Gets $50 Million For New 8-Acre Campus.

By: Jarek Cotto

Philanthropist Raymond G. Perelman has given the Childrens Hospital of Philadelphia $50 million dollars in order to develop an 8-acre campus for health research and scholarship. The new campus will be a hub of pediatric research.


A 17-year-old girl was attacked on the 15 trolley while on her way to school. Reports claim that the girls bag kept hitting a man while they were on the crowded trolley. Apparently the man became enraged and struck the girl 3-4 times in the face. She was left with a black eye and a broken nose, while the man ran off the trolley. Detectives are still investigating this incident.


Man robs a Center City bank with a fake bomb. He reportedly went to the Republic Bank on Tuesday evening with a note and a box. The note demanded that the teller hand him the money and explained that he was carrying a bomb. He presented the teller a box of wires who then gave him the money. He is still at large.


Will we finally have paid sick days? City Councilman Bill Greenlee says it will with, or without Mayor Nutters vote. Read more here.


Seven people were arrested in a massive insurance fraud scheme in Bucks County. Apparently, 6 Ferraris, Two Rolls-Royces, and $1.2 million in jewelry have been seized so far.

Thursday, January 22nd, 2015

More Awesomeness is Coming to Fishtown.

By: Jarek Cotto

After years in the works, the New Kensington Community Development Corporation finally joined forces with Postgreen Homes to collaborate on a mixed-housing development known as Awesometown. The site is located on the 400 block of Moyer Street, and the plan is to build 14 townhomes in two phases. The homes will include sustainable elements like solar thermal capacities, improved rainwater collection abilities and they will seek LEED Platinum certification. The first phase of the project will include 8 town homes on the 400 block of Moyer St., followed by Phase 2, which will be six more homes with Thompson Street addresses. Six of the homes have sold to date, including four of the homes marked for affordable housing. Postgreen Homes uses the pre-sale of unbuilt houses to leverage with banks when developing new projects.


The Awesometown website has a full description of this project. It says that it is,

“A unique collaboration between Postgreen Homes and New Kensington Community Development Corporation (NKCDC). These 14 homes located in the heart of Fishtown boast the latest in modern design and sustainable construction. We are happy to be one of the first projects in the city where a local, sustainable developer has partnered with a non-profit CDC in a collaborative effort to provide eco-friendly housing to its friends and neighbors. Additionally, NKCDC will be providing financial assistance to four income qualified buyers, making it possible for everyone to live in Awesometown.”

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Postgreen is already known for its green projects like the 100K House, and the 2.5 Beta House.  According to OCF Realty, It was Postgreen’s “role to create a team that could take the foundation of a project that was already in place in theory, and design a fitting home and sell it to the bank on paper. For that, they turned to ISA Architects.” They also mention that Phase 2 of this project is sort of dependent on the success of Phase 1. Builders are conducting all necessary site work right now. They are pouring foundations for the 14 homes, sidewalks and driveways. Building is planned to begin this winter, and the first homes should be delivered by the middle of 2015.


Monday, January 19th, 2015

FYI: Could Obama’s Community College Plan Be A Total Train Wreck?

By: Jarek Cotto

Ubers chief competitor Lyft, the ride-hailing service, is planning to launch in Philadelphia. You might know Lyft from the pink mustaches they have on the front of their car. Look out Uber!


Is Yeungling banned from Gov. Tom Wolf’s inaugurral  events this weekend? Find out why below.


A Temple student was killed after falling 8 stories from and apartment building downtown and landing on another pedestrian walking by. She was pronounced dead at Jefferson Hospital after suffering severe head injuries. The pedestrian walking by was transported Hahnemann Hospital and listed in stable condition. She only suffered a fractured neck vertebrae and lost several teeth.

Could Obama’s community college plan be a total disaster? Read more.



Friday, January 16th, 2015

Six Row Homes For Sale Across From Liberty Lands

By: Jarek Cotto

If you’ve been around Liberty Lands Park in Northern Liberties lately, you may have noticed 6 row homes up for sale at 918-24 N. American St. What makes these homes interesting isn’t their unique architecture or because they’re new (because they’re not), it is the fact that they are all up for sale together. That’s right, you can grab them all for one price!

Most of the homes are to the west fronting Liberty Lands, and only one actually faces American St. Since there are no homes across the street, they get plenty of natural light. They even come with eleven parking spots in the back. Plus, who wouldn’t want a beautiful park right in front of their home?

The listing for the homes expired in December after a year on the market at a sale price of around $2.4M. According to OCF Realty, “Across the six homes, there’s twenty-five bedrooms, nine full baths, and five half-baths.” it seems that these homes are set up to be rentals. Here’s the full description on Unit #F from Zillow,

“ Four Bedrooms and two and Half Baths in the Heart of Northern Liberties. Looks onto Liberty Lands Park. Walk to Everything.One block to 2nd Street and Piazza. This property also includes up to 2 off street parking areas plus space for scooters and motorcycles right in front of this home. Open Kitchen, Living Room and Dining area with plenty of natural light make this spot amazing. Check it out today. Property has recently been detailed and looks awesome.”

With a 7% cap rate these listings might be attractive to the right buyers, but for now, it looks like the current owners are sticking around. You can still snag one of these units. At least one of the units is still available for rent for $2,400 per month.

Monday, January 12th, 2015

FYI: Wawa Customer Has Yet to Claim Their $1M in Lottery Winnings!

By: Jarek Cotto

American’s are paying big cash to be cuddled with. A professional cuddler can earn up to $80 an hour! Read more about this growing trend below.


Two men left a 42-year-old man unconscious during a robbery after blindsiding him on the 1700 block of JFK. The suspects can be seen on surveillance tape laughing while using the victim’s bank card to take out money. Read more.


Franklin Towne Charter High School was temporarily cleared after a threat was posted on a social media site. The police departments Homeland Security Unit searched the school but found nothing. No arrests were made, but a student was taken into custody.


There was a shooting at Girards Gold Club at 2:18 a.m. on Saturday. Video footage shows a hispanic male open fire at a small group of individuals after a fight. Two people were struck by bullets and taken to Temple Hospital and were said to be in stable condition.


The former principal at Alain Locke Elementary School has been charged in a cheating scandal. She has been accused of creating an environment that encourages cheating on state assessments. She will be the 8th Philly educator to face charges in the long-running scandal. More below.


A Wawa customer has won $1M after purchasing a winning Mega Millions ticket. There is only one problem. They haven’t claimed the money yet!


Saturday, January 10th, 2015

Open Houses Jan. 11th 2015



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Thursday, January 8th, 2015

New Homes Coming To Laurel Street.

By: Jarek Cotto

New Market Street has seen the rise of quite a few projects recently that are currently being built. Three new homes at the corner of New Market & Laurel just joined the ranks and are currently under construction. The homes have progressed some outside, and it looks like they’ve gotten quite a bit of work done on the inside as well. Each unit will have 3 bedrooms/2.5 bathrooms, four floors, a finished basement, a green roof and parking. Christopher Somers is the listing agent for this property. If you want more information on these properties, you can click here to view the project website.

Last month at a NLNA zoning meeting, the community voted to support plans for a new home at 117 W Laurel St. The project was designed by KJO Architecture, and it was recently approved by the ZBA a few weeks ago. In September 2013, the parcel was last acquired for $95K. It is zoned for industrial use, but it was designed to be a 3-story, single-family residential with a roof deck.

The area is only a couple of blocks away from Front & Poplar, the formerly bare block that was transformed into an entirely residential area in just two years. Since it’s kind of tough to access by car, this block of Laurel Street might seem farther away. Despite that, it’s close to a great outdoor space, Liberty Lands at 3rd & Poplar, and right next to the Piazza. The parcel may be zoned for industry, but like so many similar areas in the neighborhood, it’s going residential.

Monday, January 5th, 2015

FYI: Temple’s New Stadium Could Be a Big, Expensive Mistake.


By: Jarek Cotto

The FCC will make a vote on net neutrality in February. If it is approved, it will turn internet service providers into a public service, and not everyone is for that.


Want to know what’s in store for Philly in 2015? Well, check out this list.


The body of missing college student Shane Montgomery was found in the Schuylkill River on Saturday. The student went missing on Thanksgiving Eve after leaving Kildare’s Irish Pub around 1:45 a.m. His family made a tearful statement after a dive team recovered their sons remains.


An Indonesian man tried to board a plane at Philadelphia International Airport on December 19 carrying two concealed blades under his shirt. He tried to make a connection to another plane heading to Miami, but TSA workers noticed two lumps under his shirt. Upon more investigation, the knives were found inside of an empty highlighter and the other in pen. The Department of Homeland Security has gotten involved and is seeking to take him into custody.


Driving is going to get a little more expensive. Tom Corbett enacted Act 89 last year which is the transportation funding law. It will raise the state’s tax on gasoline wholesalers by 9.8 cents per gallon.


Temple is trying to build a $100 million stadium, and a lot of people think it is a mistake. Find out more below.