RECENT BLOG POSTS
A new Center City report indicates that Center City Philadelphia's retail market has shown strong resiliency despite the national recession.  The retail sector with the most change has been restaurants and food related businesses.   Center City's fine dining restaurants have increased by 328% si...
11/30/2010
The newest proposals for the vacant areas alongside the Delaware River were presented last week.  The plan consists of a waterfront that would mostly contain mid-rise apartments and rowhouses. They expect this proposed housing to take 30-50 years to fill in the vacant land and they hope for the ...
10/21/2010
The American Planning Association has honored Rittenhouse Square as one of the top 10 Great Public Spaces in the country.  Check out the APA website. Characteristics of Rittenhouse Square noted by the APA are the vibrant neighborhoods of shops, offices, homes, schools, hotels, and cultural instit...
10/21/2010
The Pennsylvania Gaming Control Board is deciding whether to give Foxwoods another chance on their proposed South Philly casino project.  The Foxwoods investors are about to sign a deal with Harrah's Entertainment for casino operation, and Apollo Management for financing. The largest obstacle wit...
10/04/2010
This is a beautiful 1 bed/1 bath den unit with 1 car parking located in the Regatta building at Waterfront Square! This unit features great views of the Ben Franklin Bridge and river as well as a nice view of the landscaped common area - Custom kitchen with granite counters, tile backsplash and ...
10/01/2010
OPEN HOUSE THIS SUNDAY 12-1:30! Exquisitely renovated Victorian townhouse on quiet, tree-lined block in the heart of the Art Museum area. This meticulously maintained home boasts a bright, open floor plan with high-ceilings, gorgeous hardwood floors throughout and an ideal layout for entertaining...
09/24/2010
Homes have never been more affordable. Mortgage rates are at rock bottom and won't stay there forever. Prices are trending back up. Sellers are motivated. Lenders are back in the game! Ownership costs are dropping below rental costs! Home ownership remains at the core of the American Dream. Chec...
09/14/2010
Philadelphia was named one of the top 10 cities where it is a good time to buy now according to Forbes.com.  For people who currently rent in Philadelphia, the premium to buy is much smaller than usual.  Check out these stats from Forbes: Metropolitan Statistical Area: Philadelphia-Camden-Wilmin...
09/13/2010
The very cool Kimpton Hotels has an agreement to purchase Lafayette Building from the Northern Group on the corner of 5th & Chestnut  overlooking Independence Mall.  The sold price is not public, but it was once listed at $25 Million and it was reduce to $15 Million earlier this year. Ironically...
09/09/2010
Philadelphia has been ranked the number 2 most stable real estate market in America by the real estate website Zillow.com.  The ranking is based on the Zillow home value index that measures the median value for homes currently on the market to reveal which markets experience the least price volat...
09/01/2010
Rainmaker
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The Atacan Group Philadelphia Real Estate

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