Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Is Philadelphia’s red-hot multi-family rental market finally cooling? Less than two months after Equus Capital Partners scrapped plans to build a 300-unit apartment complex in Conshohocken, Dranoff Properties shifted gears on its 22-story One Riverside project in Fitler Square. Dranoff will convert what was originally conceived as luxury apartment rentals into 88 residential condominiums ranging in price from $700,000 to …
Old City Gets a High-Rise; Equus Favors Offices for Conshohocken; Co-Working Keeps Expanding
Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends: Brown Hill Development intends to create a rarity in Old City — a high-rise building. Brown Hill plans to construct a 197 foot tall mixed-use building at 205 Race Street. The project will include a mix of apartment units and ground floor retail. The new zoning code allows Brown Hill to proceed with …