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ALLAN DOMB
REAL ESTATE'S
CENTER CITY
UPDATE
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As an owner, investor and overall cheerleader for Philadelphia, I am very concerned about the city's high office vacancy rate as a result of the shift to remote and hybrid work. In my latest Philadelphia Magazine op-ed, "Philly's Great Office Building Conversion Needs to Start Right Now," I propose some solutions for getting ahead of this problem before it gets out of hand.
The crux of the problem is a lack of high-paying jobs in the city which diminishes demand for office space, something I will discuss further in future columns. But this article really focuses on what we need to do to make converting office space into residential space a reality. It requires better utilization of tax abatements, streamlining the process and getting buy in from the state of Pennsylvania to support the efforts.
Here is the article.
Happy Friday and best wishes for a wonderful weekend!
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1318 Pine Street
Philadelphia, PA 19107
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Recently Listed Homes for Sale | |
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3 North Christopher Columbus Boulevard #TD424
2 BD | 2 BA | $335,000 | 1,300 SF
Well-appointed home with river views and private balcony at Pier 3 Condominiums. This home features large windows with views of the river and Penns Landing, high ceilings, a modern kitchen, and parking.
Click here for more information
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233 South 6th Street #306F
1 BD | 1.5 BA| $479,900 | 1,205 SF
Completely renovated deluxe one bedroom plus alcove that features an open floorplan with hardwood floors in the living spaces and a private balcony offering custom composite decking, showcasing treetop city views.
Click here for more information
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225 South 18th Street #205
2 BD | 2.5 BA | $825,000 | 1,152 SF
Turnkey, brand new construction at The Estate Homes at Parc Rittenhouse, offering an open floorplan with modern finishes and details and custom kitchen and baths, ideal for both everyday living and entertaining.
Click here for more information
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122 New Street #6H
3 BD | 2.5 BA | $899,000 | 2,512 SF
Entire floor penthouse with a private outdoor terrace overlooking the Delaware River and bridge. Modern, open and bathed in incredible natural light through walls of floor-to-ceiling windows.
Click here for more information
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Featured Rental Properties | |
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1714 Rittenhouse Square Philadelphia, PA 19103
Price: $5,150/mo
Bedrooms: 2+den | Bathrooms: 2.5
Square Footage: 2,496
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Independence Place
241 South 6th Street #611A
Price: $1,925/mo
Bedrooms: 1 | Bathrooms: 1
Square Footage: 777
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1737 Chestnut Street #501
Philadelphia, PA 19103
Price: $4,250/mo
Bedrooms: 2 | Bathrooms: 2
Square Footage: 1,744
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The Warwick
1701 Locust Street #1716
Price: $1,450/mo
Bedrooms: 0 | Bathrooms: 1
Square Footage: 381
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Oktoberfest comes early with this certifiably German beer extravaganza. Philly Bierfest (February 24th) brings more than 50 German-style craft beers by over two dozen Pennsylvania brewers, plus plenty of imports and ciders.
Information & imagery sourced from visitphilly.com
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No worries for the rest of your days when you take your seats at the Kimmel Center for a 30th-anniversary presentation of the classic film Disney’s The Lion King in Concert with The Philadelphia Orchestra (February 23-25).
Information & imagery sourced from visitphilly.com
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ABOUT ALLAN DOMB REAL ESTATE | | |
Allan Domb Real Estate is a multi-faceted, full-service real estate company specializing in the brokerage of luxury condominiums in Center City Philadelphia. Over the past 44 years, Allan Domb Real Estate has been involved in more luxury high rise condominium sales in Center City than any other REALTOR. If you are interested in buying, selling or renting a Center City condominium, please contact us via phone at 215-545-1500 or email at domb@allandomb.com. | | | |
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1845 Walnut Street, Suite 2200
Philadelphia, PA 19103
215-545-1500
domb@allandomb.com
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