Real Estate
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Horsham-based Workspace Property withdraws IPO
After twice postponing an initial public offering in November, Horsham-based Workspace Property has shelved its plans for an IPO offering. The real estate company sent a letter to the Securities and Exchange Commission on Feb. 5 informing it of its decision. The company filed last October to have its shares listed on the New York Stock…
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House of the Week: 882 Penn Oak Road, Lower Gwynedd
Tucked away in prestigious Gwynedd Valley is this exceptional, custom built Estate Home. The fieldstone facade and solid Mahogany door invite you into the airy, open, elegant interior reminiscent of homes in the Hamptons. Upon entering, the gleaming, field-finished white oak flooring, exquisite millwork and beautiful Pella Architectural Series windows and french doors are among…
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Eric Goldstein’s vision of King of Prussia is a bit green
When most people look at King of Prussia, they see stores and cars and, well, cement. Eric Goldstein, the executive director of the King of Prussia District, wants to tweak that vision a little bit and make it a bit more pedestrian. With backing of the business community, Goldstein has attempted to pull King of…
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House of the Week: 770 Crooked Lane, Gulph Mills
This 6 bedroom/4.5 bathcustom built 17 year young Colonial on over 1.2 acres is a slice of paradise. This estate is both unique and stunning pool house pavilion with built in bar that could entertain up to 60 people sparkling in ground pool 10 car garage exterior lighting custom paver patio. Whether you love to…
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Lower Pottsgrove buying land for possible township ‘campus’
Like many older, smaller municipalities throughout Montgomery County, Lower Pottsgrove is outgrowing township facilities that were originally occupied by a few part-time employees. Township commissioners have entered into a contract to buy three parcels of property at the corner of South Pleasant View Road and East High Street for a combined cost of $377,000. Commissioners…
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Lower Merion officials take a closer look at St. Charles Borromeo for new school site
St. Charles Borromeo Seminary in Wynnewood is under consideration by Lower Merin School District officials as the site for a new school in the district. Monday night, the Lower Merion Board of School Directors approved two contracts that could eventually lead to the construction of a school on the site of the historic seminary, writes…
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Starter homes hard to come by in Narberth and other desired Philadelphia suburbs
Home ownership among young couples, is rather low — at least in comparison to last year. On a national scale, adults 35 years old or younger accounted for just one-third of home owners. In 2004, the highest peak in the country, home owners in that age bracket accounted for 43.6 percent. The reduction, caused by…
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Millennials not getting much choice when it comes to home ownership
A new generation of homeowners is on the rise, but they’re not getting much to chose from when they’re looking to the Philadelphia suburbs as a place to settle down. Starter homes have felt the largest squeeze for a number of reasons: Many entry-level homeowners remain underwater, meaning they owe more on their mortgages than…
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House of the Week: 1230 Ridgewood Road, Bryn Mawr
Move right into this stunning 5 Bedroom, 4.2 Baths, French Colonial home. The first floor offers an open chef’s kitchen with over-sized island and granite counter tops. Adjacent you will find a breakfast room with access to a private deck, just perfect for a peaceful start to your day. On the main floor you will…
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Markley Swim Club soon to be Markley Farm homes
Markley Farms Swim and Tennis Club closed for business more than seven years ago, but very soon that area in West Norriton Township will be bustling again with families. In building 79 single family homes surrounding 11 acres of open space with a pond and walking trails on the sprawling West Norriton property, DelGrippo Builders…
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The ‘best place’ to live in PA is right here in Montco
So if you could live anywhere in Pennsylvania where would it be? Would you head to the Poconos to your very own mountain retreat? How about a high rise in Philly or Pittsburgh? How about none of the above? Situated along the prestigious Main Line in the Philadelphia suburbs, Lower Merion is one of the…
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Horsham-based Toll Bros. conquering the west
Toll Brothers is heeding the words of author and newspaper editor Horace Greeley by heading west — that is, west of the Mississippi River. Toll Brothers has been known mainly as a Northeast and Mid-Atlantic home builder based out of Horsham. But the company founded by Bruce and Bob Toll today is moving ever westward,…
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House of the Week
This beautifully situated gorgeous 1.35-acre lot deep within a cul-de-sac in the exceptional Worcester neighborhood of The Enclave, is located at 2094 Deep Meadow Lane. Built by Paone, this 4-bedroom Colonial with 5,437 sq ft. including the walkout finished lower Level, has an open floor plan and beautiful upgrades. The highest quality of workmanship is…
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Residents offer views of Amazon’s HQ2 list and the Philadelphia region
So, Philadelphia made the top 20 hot list as a location for Seattle-based Amazon’s new headquarters, and the region is reflecting a mix of reactions. Just as the e-commerce giant’s call for bids for its so-called HQ2 set off a frenzy among local municipalities around the country last year, the shortlist has also garnered a…
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Westrum Development Company joins forces with local officials to give condemned building a new lease on life
Westrum Development Company, an award-winning residential real estate developer in the mid-Atlantic region, is pleased to announce the completion of the long-awaited revitalization and official integration of 770 Sandy Street into the luxury apartment campus of its Luxor Lifestyle Apartments, according to a company press release. A ribbon-cutting ceremony and reception will be held Thurdsay…
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Applications now being accepted for Montgomery Park “elderly” community
Altman Management Company is pleased to announce that applications are now being accepted for the brand-new Elderly (62 and older) Community in Norristown which will be opening in the Early Summer of 2018. The community will have 50 1-bedroom apartments and many amenities such as on-site parking, community room, laundry, energy efficient appliances and much more. Located…
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Montco House of the Week
Timeless interiors, sophistication and quality are the hallmarks of this estate residence with Art Deco influences, according to realtor.com. Designed by Kass & Associates, Sonrisa was created for entertaining on a grand scale. Much loved and beautifully maintained, the home is a showcase for artisan craftsmanship. From its gated entry to its wood and stone…
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Luxury living for 55-plus renters opens in King of Prussia
One of the ways a prominent real estate developer is courting over-55 renters into moving to King of Prussia Town Center is by offering amenities galore that will uphold a lifestyle they may have always dreamed about, as they shed the headaches of home ownership. Besides having Wegmans market and more than a dozen of…
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