In the first stage of cities making a pitch to be the site for Amazon's second headquarters campus, there were 238 applicants.Every one of these cities knew what kind of impact being chosen would have on local economies. At stake are 50,000 high-paying jobs workers...
Month: January 2018
Eminent domain for economic redevelopment restricted
Many Philadelphia residents do not want to receive, and may even fear getting, a notice from government authorities telling them that their home or business property, or even a portion of it, is the target of a potential eminent domain action.As this blog has...
Philadelphia real estate developer handles underserved market
For many real estate developers, maximizing return is a high priority. When the developers flip real estate, they buy a dilapidated home at a bargain price, fix it up and sell it at a much higher price.With new projects, the investors build amenity-filled luxury...
House stealing in Philadelphia is all too common
You purchase a dilapidated house, plan to renovate it and start gutting the inside. Maybe you are waiting for construction plans to finalize and don't go back for awhile. When you return to keep working on the project, someone else is living in the house, and claims...
Looking forward to commercial real estate in 2018
Commercial real estate is an ever-changing market but it is important for commercial real estate investors to review market trends and predictions before making their next purchase. There are a multitude of commercial property options such as retail, restaurants,...
Breach and Remedies for Real Estate Contracts
It is common to have a contract when dealing with a large purchase such as a real estate transaction. These purchases involve substantial sums of money and often require certain conditions be met by each of the parties. As such, a contract helps to clearly outline all...
Land use & zoning: what you need to know
Since New York City adopted the first zoning ordinances in 1916, land-use and zoning regulations have become standard in nearly all municipalities, particularly in urban areas. Each municipality may enact its own zoning and land-use ordinances specific to the needs of...
