Philly’s small apartments | Real Estate Newsletter

Philly made a “top cities” list — yay. But it was for having some of the smallest new apartments in the country — boo.

That’s not what the city has. The Land Bank was created a decade ago to make it easier for the city to get abandoned private land and to do something with its own vacant land. But it hasn’t lived up to its promise. The Philadelphia city budget that is poised to pass today includes $14 million for the development of income-restricted homes at the site of aPhilly’s fiscal watchdog says the city is failing to track dangerous buildings or recoup the money it spends to demolish them because ofNew property tax relief options for PhiladelphiansOne increases the amount of money homeowners can shave off the value of their property assessments.

One personal touch is the prominent display of their collections of bourbon and art, including stage masks from Indonesia. In more bad news for buyers , sales prices keep breaking records.🔺 The median sales price reached $375,000, a new record for May. That’s up from $345,000 last May.

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