Property, Rentals, Transactions
Murt Legislation Would Provide Property Tax Relief for Disabled Veterans
March 1, 2010 Posted by Pennsylvania RealEstateRama
Harrisburg, PA - March 2, 2010 - (RealEstateRama) — In an effort to provide property tax relief to Pennsylvania’s disabled veterans, Rep. Thomas P. Murt (R-Montgomery/Philadelphia) is joining with Rep. Doug Reichley (R-Lehigh/Berks) to introduce a pair of bills designed to help disabled veterans.
Rare Opportunity to Buy Historical Bucks County Estate at Auction
February 22, 2010 Posted by Max Spann Jr
February 22, 2010 - (RealEstateRama) — A Bucks County estate featuring an enchanting stone farmhouse on 2.86 acres of manicured property is scheduled to go on the auction block next month. Max Spann Real Estate & Auction Co., a national auctioneer of elite properties, has scheduled the auction for Thursday, March 18 at 1 p.m. at the estate, 6739 Upper York Road, New Hope (Solebury Township). Bidding will start at $750,000. The estate was originally listed at $1,495,000.
METRO COMMERCIAL SELECTED TO MARKET SURPLUS GIANT FOOD STORES
January 29, 2010 Posted by Metro Commercial
CONSHOHOCKEN, PA - January 29, 2010 - (RealEstateRama) — Metro Commercial announced today that they have been selected by GIANT Food Stores to sublease five of their surplus locations in Pennsylvania. The Giant-Carlisle Division of Ahold USA, headquartered in Carlisle, Pennsylvania, is a leading supermarket chain in Pennsylvania, Virginia, Maryland and West Virginia with grocery stores operating under the names of GIANT Food Stores and MARTIN’S Food Markets.
Suburban Square Opens Two New Retailers
November 23, 2009 Posted by Metro Commercial
Priscilla of Boston and Denim Habit join America’s first shopping center. Ardmore, PA - November 23, 2009 - (RealEstateRama) — Metro Commercial, one of the region’s largest full-service retail real estate firms, announces the addition of two new retailers to the world-class lineup at Suburban Square, America’s first shopping center, in Philadelphia’s Main Line suburb of Ardmore, PA.
Metro Commercial Inks 6,200 SF Lease in Center City Philadelphia
November 19, 2009 Posted by Metro Commercial
Govberg Jewelers joins exclusive Walnut Street retail row. Philadelphia, PA - November 19, 2009 - (RealEstateRama) — Metro Commercial, one of the region’s largest full-service retail real estate firms, announced today that it has negotiated a lease for Govberg Jewelers to locate its flagship store at 1521 Walnut Street in the heart of Philadelphia’s “Rittenhouse Row”
Johnstown Redevelopment Authority Receives $900,000 in Federal ‘Stimulus’ Funds
August 18, 2009 Posted by Pennsylvania RealEstateRama
JOHNSTOWN, PA - August 18, 2009 - (RealEstateRama) — Congressman John P. Murtha (PA-12) announced today that the U.S. Environmental Protection Agency (EPA) has awarded a $900,000 grant from the American Recovery and Reinvestment Act (ARRA) to the Johnstown Redevelopment Authority for local brownfield cleanup activities.
Tilden Ridge Breaks Ground
August 14, 2009 Posted by Pennsylvania RealEstateRama
Tilden Township, PA - August 14, 2009 - (RealEstateRama) — Tilden Township, home of the largest and most successful Cabela’s Worlds Foremost Outfitter store in the nation, is about to become home to another large commercial project. Construction officially began today at the site of the Tilden Ridge Shopping Center – soon to become the home of a Wal-Mart Supercenter, Lowe’s Home Improvement Store and approximately 100,000 square feet of other complimentary retail stores.
FEMA Approves $1.2 Million Grant For Property Acquisition
July 29, 2009 Posted by Pennsylvania RealEstateRama
PHILADELPHIA, Pa. - July 29, 2009 - (RealEstateRama) — Jonathan Sarubbi, Regional Administrator for the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) Philadelphia Office, announced today the awarding of more than $1.2 million in funding to acquire five homes in Temple Hills, Maryland. The five properties are located in areas of unstable soil.
Grand Re‐Opening: Skyview Park Apartments Newly Rehabilitated
July 6, 2009 Posted by NHT/Enterprise Preservation Corporation
July 6, 2009 - (RealEstateRama) — On July 7th, residents, neighbors, elected officials and community developers will celebrate the grand re‐opening of Skyview Park Apartments (43 Crown Circle), an enduring source of affordable housing in Scranton, P.A. Skyview Park Apartments underwent nearly $8.2 million in renovations to preserve 188 affordable apartments. The rehabilitation of the properties marks an important step in safeguarding affordable rental homes; an increasingly endangered resource in the city of Scranton and in communities across the country.
$222.7 Million In Property Tax/Rent Rebates Distributed To Older Adults, Residents With Disabilities
July 1, 2009 Posted by Pennsylvania RealEstateRama
HARRISBURG, PA - July 1, 2009 - (RealEstateRama) – More than 475,000 senior homeowners, renters and people with disabilities will be issued rebates today totaling $222.7 million through the Property Tax/Rent Rebate Program. The number is approximately 58,000 more rebates than were issued last year on July 1.
Economist Cautions Legislative Committee Against Housing Cuts
June 1, 2009 Posted by Housing Alliance
Glenside, PA - June 1, 2009 - (RealEstateRama) — The same economist who issued a recent study saying that state investment in housing could provide a stimulant to economic recovery, now warns that proposed cuts in state investment could have just the opposite effect – a further slowing of the recovery.
Rohrer Reintroduces School Property Tax Elimination Act
May 7, 2009 Posted by Pennsylvania RealEstateRama
Harrisburg, PA - May 4, 2009 - (RealEstateRama) — Hailing it as the single most important step Pennsylvania lawmakers could take to jumpstart the state’s economy, prime sponsor Rep. Sam Rohrer (R-Berks) today unveiled the School Property Tax Elimination Act (SPTEA).
New Penn Report Says More Rental Housing Could Prevent Foreclosures
April 29, 2009 Posted by Housing Alliance
Glenside, PA - April 29, 2009 - (RealEstateRama) — Incentives to produce more quality rental housing could help stem the current housing crisis and promote long-term economic stability, according to a new study released today by the Fels Institute of Government and the Housing Alliance of Pennsylvania. Study author and Fels consultant John Kromer calls the lack of reasonable rental alternatives to homeownership a factor in the housing market collapse.
Metro Commercial Inks Inks Deal for 6,270-Square-Foot Card & Gift Shop in Havertown, PA
April 29, 2009 Posted by Pennsylvania RealEstateRama
Mt. Laurel, NJ - April 29, 2009 - (RealEstateRama) — Metro Commercial, the region’s largest full-service retail real estate firm, recently brokered a 6,270-square-foot lease for Ruth’s Hallmark in the Manoa Shopping Center in Havertown, PA bringing the occupancy of the center to 100 percent.
Gillespie Supports Effort to Put Property Tax Relief on November Ballot
April 28, 2009 Posted by Pennsylvania RealEstateRama
Harrisburg, PA - April 27, 2009 - (RealEstateRama) — State Rep. Keith Gillespie (R-Hellam) was among General Assembly members to stand in support Monday of legislation that would place options for property tax relief on the Nov. 3 General Election ballot. If passed, voters would be able to select from several different property tax reduction or elimination bills.
