The former Metropolitan Hospital on Franklin Square is enjoying life as a home to 129 spacious Pniladelphia condominiums. The rounded exterior of this 1960s era building now forms the MetroClub Condominiums, and it is a popular spot in City Center. A beautiful building, with parking, access to the interstates made it a great candidate for renovation. Fueled by the 10 year tax abatement program, Center City has become a popular and affordable destination for those who require a luxury residence in a prime area.

So what is the story with the stimulus and the tax credit for first time home buyers anyway? How different is it from the tax credit that already exists? Originally, a $15000 stimulus credit was discussed, one that would be open to all home buyers who had not purchased within the past three years. This would have carried a 19 billion price tag. Congress reduced it to $8000. But you still are eligible if you have not owned a home within the past three years.

Downtown Phoenixville is home to some of the Manhattan style lofts that the Philadelphia area is famous for. The Byrne Lofts in downtown Phoenixville is a great blend of the old and new. Formerly the loft building was the largest manufacturing center of women’s corsets in the USA – and now it is a dynamic Philadelphia condo residence, with single level flats and bilevel residences.

The Lofts at Bella Vista are a collection of properties which deliver spacious well lit homes with gorgeous wide views of the Philadelphia skyline. These Philadelphia condominiums are in the heart of the city, on Washington Avenue, and are well priced in the range of $300K to $1.5M.

Perhaps the most unique feature of the Arch Street Exchange Lofts is the tri-level design of the Penthouses. With 16 foot ceilings, and large outdoor terraces, these Philadelphia lofts are a contemporary jewel.

Center City is the place for new Philadelphia Condominiums, and smart buyers are not letting them sit empty too long. Lets talk about Naval Square. Toll Brothers has crafted a variety of housing types in this
comprehensive development, and at a variety of prices too. These residences are newly built town homes with private garages, and historical renovated condos with tall ceilings and distinctive, open space.

Along the Schuykill River, Philadelphia condominiums have a new standard in elegant midrise living.  Locust Point is conveniently located in one of Philadelphia’s most spectacular neighborhoods for river/cityscape views, close to University of Pennsylvania and major business and cultural venues.
Locust Point is a Philadelphia Condo conversion development.  The building is an historically certified multi family residence which is now converted to new luxury condominiums.  This unique residence, in the heart of Center City, features one and two bedroom homes, with every finishing touch you could expect in a luxury residence.  …

The Theatre Alliance, located at 1616 Walnut Street, will host a celebration party sponsored by Philadelphia weekly at 6 PM February 23. Heading down Walnut Street toward the Delaware River, stop and see the progress of 101 Walnut Street, the new luxury residences in the famous Society Hill neighborhood. These luxury residences are designed to be a single residence per floor, where keyed elevator access opens into your private home, privacy and peace abound in the midst of Philadelphia’s Old City.

Putting this Whitepaper together was almost as exciting as engaging in the real estate brokerage community this year.  For all of you who have followed us through social media and our blogging efforts… and for all of you who have met us or become a client of ours: you all know we like to have fun along the way!
Well, while all of that fun that is publicly displayed, there is actually quite a bit of work that went on behind the scenes.  I believe that this CondoDomain Year 1 Review …

The Residences at the Ritz Carlton are priced from $550,000 to $12 million. The building is a contemporary masterpiece which has transformed the Philadelphia skyline. Situated in the center of Philadelphia’s arts attractions, shopping, and restaurants, this unique building is a distinguished, opulent address. It is the ultimate in Philadelphia luxury condo living,

Are you ready for some good news, Philadelphia? A report from The National Association of Realtors announced that Philadelphia is among the six national markets for the strongest median price sales growth. This is a great time to come home to a Philadelphia condo.

Philadephia, “City of Brotherly Love” and home of the first Independence day, is hosting an inaugural celebration on January 20. Makes sense – this is where the Declaration of Independence was signed. Philadelphia is more than history, it is a fabulous city with great opportunities for home ownership.