Coming Soon…Northern Liberties Point Townhomes!

Amazing 19 foot wide 3 bed/2.5 bath new construction homes with parking in the heart of Northern Liberties! Preconstruction pricing for those that act fast! Northern Liberties Point Homes will feature spectacular marble and stone baths, beautiful hardwood floors, goergeous high end kitchens with granite counters and luxury stainless steel appliance package and great outdoor space! Estimated completion summer 2012. Still time to customize!Pictures shown are not actual home, these photos are samples only! Walking distance to Piazza and all of the hot Northern Liberty attractions!

CLICK HERE to download a brochure

FLOORPLANS: FP1  FP2  FP3  FP4  FP5  FP6  FP7  FP8  FP9  FP10  FP11  FP12

For more information please contact
Jim Onesti 215-440-2052 or jonesti@mccannteam.com

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Coming Soon…More New Construction in Northern Liberties!!

Project is proposed and going before the zoning board this month!!

Brandywine Place will include ~ 3000+ sq ft gorgeous 3 bed/2.5 bath new construction home with 1 car garage, deck, yard, hardwood floors, granite counters, stainless steel appliances, skyline views, custom baths and amazing space! Incredible design! Super bright with tons of livable space! Conveniently located to restaurants, businesses, shopping, transportation and more! BUYER BROKERS WELCOME!  Delivery will be September 2012! Meet the Builder! 10 year tax abatement!

CLICK HERE FOR MORE INFORMATION

Contact Jim Onesti for additional info
215-440-2052 or jonesti@mccannteam.com

 

Reclaiming Public Space…

At 1/10 the cost of demolition…seems like an easy choice!

Built in the 1890s, the Reading Viaduct is a combination of embankment sections, bridged by steel structures and arched masonry bridges, that runs 10 blocks through the Callowhill and Chinatown North neighborhoods, from Vine Street to Fairmount Avenue.

Train service on the Viaduct was discontinued in 1984, when the Center City commuter tunnel was opened. Today the Viaduct’s four elevated tracks have been overtaken by grasses and trees.  It’s two branches offer spectacular views of immediate neighborhoods and the Philadelphia skyline.

Although seen by some as a blight, a redeveloped Viaduct will act as a magnet for residential and commercial development in the surrounding neighborhoods, including West Poplar, Brandywine East, and Northern Liberties.

In 2003, the City of Philadelphia obtained a grant to fund a study of alternatives for the development of the Viaduct. The study analyzed the cost to demolish the Viaduct compared to the cost of reclaiming the Viaduct for use as a linear park. Conducted by Urban Engineers, the study concluded that the estimated cost to demolish the Viaduct was almost 10 times greater than the cost to address existing environmental concerns and redevelop the structure into a park.

Development as a park and recreational pathway, including landscaping, benches, access ramps and staircases, was estimated to cost $5.1 million, whereas demolition of the structure was estimated to cost between $35.5 million and $51.2 million.

The Reading Viaduct Project is seeking the support of State and local officials and government agencies for its vision of a redeveloped Viaduct.  They are also actively exploring partnerships with private developers who share in our vision of the adaptive reuse of the Viaduct as a catalyst for continued residential and commercial development of the surrounding neighborhoods.

If you want more information on this project or would like to get involved, visit www.readingviaduct.org.

Courtesy of Mike McCann “The Real Estate Man’ & His Five Star Team

Visit www.mccannteam.com for more info!

This Week In Northern Liberties

This week in Northern Liberties the median list price is $474,999.

The Market Action Index has been trending down lately, while inventory and days on market are climbing. The trends imply a weakening market.

For this weeks McCann Team Summary Report CLICK HERE

For this weeks Market Update Report CLICK HERE

To sign up for weekly updates emailed directly to you please contact Jim Onesti at 215-440-2052 or jonesti@mccannteam.com

Old Philadelphia & Northern Liberties

Check out some of these facinating photos from the late
1700’s, 1800’s and early 1900’s…Amazing!

Jumbo Theater in 1916 Front & Girard looking down from the EL
Girard Ave Market Frankfort line 1913
Liberty Stove Works – 1851 – 4th & Brown
Philadelphia Wheelwright Works – 1751 between Front & 2nd Noble & Green on New Market Street

Philadelphia Homestead Tax Rebate

Did you know that you could save money on your real estate taxes? Upon passage of legislation, the City of Philadelphia will be offering a Homestead Exemption for all homeowners in Philadelphia. A Homestead Exemption means that if you own your home, you can qualify for a reduction of your
home’s reassessment, and therefore reduce your tax bill. There are no age or income restrictions and all homeowners in the city are encouraged to apply. To be eligible, you must own your own home and live in it, and complete the Homestead Exemption application by JULY 31, 2012. In addition to qualifying for a the homestead exemption on your property, you may also qualify for additional programs that can help reduce your real estate taxes. CLICK HERE TO DOWNLOAD AN APPLICATION

When you receive your home assessment in the fall, after our comprehensive reassessment has been completed, you will receive notification of whether you have qualified and the amount of the exemption. Qualification is simply based on whether the home is your primary residence—that is, if you own your home and live in it, too. Rental homes or vacation homes do not qualify. Mixed use properties qualify and will benefit from the exclusion for the portion of the property that is the owners’ primary residence. CLICK HERE FOR A BROCHURE

After an application has been approved, you do not need to reapply each year unless the deed to the home changes.

Mail completed applications to the Office of Property Assessment at the address listed on the application by JULY 31, 2012.

Applications received after the deadline for consideration for this year will be considered for tax year 2014.

For more information or if you are thinking of buying or selling contact
Jim Onesti 215-440-2052 or jonesti@mccannteam.com

Philadelphia City Stats

Many of our followers have been asking for Statistics on our City.

Attached is the City Planning Commissions report which includes

General demographic and economic information including Population stats, Employer info, income statistics and more.

Enjoy…CLICK HERE FOR REPORT

For more information contact
JIM ONESTI 215-440-2052 or jonesti@mccannteam.com