A revamped system of assessing property taxes in Philadelphia has some experts worried that the recovery in the local real estate industry will come to a screeching halt.The mayor recently introduced what was called the Actual Value Initiative reform. The reform is...
Month: February 2013
Developer planning major project for Philly
If a local developer gets clearance to do so, he is poised to turn a piece of commercial real estate property into a complex that will define the area at Eighth and Market Streets in Philadelphia.The serial developer, who is the leader of Goldenberg Group in Blue...
Lower Nazareth Township comes out of settlement with land
Lower Nazareth Township will finally gain possession of a piece of property and its office and warehouse space, which officials plan to use to house a new municipal center. The resolution comes on the heels of a lengthy legal process for the commercial real estate,...
Mayor’s veto on zoning code bill overridden
Philadelphia's city council recently stepped in and saved a new bill from veto by the mayor that will effect the city's zoning code.Under the new bill, zoning applicants and registered community organizations are forced to notify neighbors within one block of a...
Proposal to Philly zoning code threatens community gardens
In the last few years, more and more residents in Philadelphia and other large cities throughout the country have taken to urban farming and the creation of community gardens. While these are constructive measures to make one's lifestyle more sustainable, these...
