Thursday, July 24, 2014
Inquirer Daily News

Real Estate

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Alon Barzilay has done as much in 41 years as many people do in a lifetime. And that includes what the founder and CEO of Barzilay Development L.L.C. of Philadelphia calls "side businesses," the latest of which is a film project with Germantown Academy pals Bradley Cooper and Brian Klugman that sent him to Los Angeles this summer.
In the past week, two homes originally owned by two prominent Philadelphia families have come on the market.
One thousand dollars per square foot. That's what raw space on the 19th floor of the Rittenhouse Hotel & Condominiums is now fetching - for the first time in the building's history.
One in a continuing series spotlighting real estate markets in the region's communities. For those who have lived here, Jenkintown is a gift that keeps on giving.
I don't think I'd be breaking any new ground if I said there seems to be a lot of multifamily - read that, rental - development underway here and elsewhere.
It's not exactly "The Golden Girls," but for Marcia Rosenfeld, it'll do. Rosenfeld is among thousands of aging Americans taking part in home-sharing programs around the country that allow seniors to stay in their homes and save money while getting some much-needed companionship.
Roofmeadow founder Charlie Miller and head of operations Melissa Muroff are designing, promoting, and maintaining green roofs all across the Philadelphia area - the 13,000-square-foot green roof at the Barnes Museum, another atop the Granary building in Fairmount. Lately, they've been busy.
Patty and Jim Seif had always yearned for a waterfront home. They just never envisioned theirs would be overlooking the Brandywine Creek in Wilmington.
The traditional home equity line of credit — an initially cheap but financially risky loan that allows borrowers to make interest-only payments for years — is all but dead at the nation's leading mortgage lender.
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
Homeowners who want to cash out their equity might be puzzled by the advantages and disadvantages of their three choices: a home equity line of credit, home equity loan or cash-out refinance.
Construction on the long-vacant lot at the corner of 2nd and Race streets in Old City should begin by the first quarter of next year, according to Jeffrey Brown, one of the developers who has planned a 148-unit apartment complex at the site.
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