The person who writes these real estate blog posts puts a lot of our local news writers to shame.

Could you imagine if the Philadelphia city government put half as much effort into solving the city's Crime Crisis as Philly real estate bloggers do whenever a demolition permit is filed anywhere in the city?

Difference between an industry insider vs observer writing the content

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Weird that it’s only 7 feet taller (611 vs 604) than the Laurel, which just opened about 50 feet away and doesn’t seem to be leasing up very well. The 2BRs start at $5500 which is some NYC pricing

If that's the case, the city housing authority should buy excess units from the landlord and lease the surplus units as low income apartments. Having the wealthy tenants who run the city businesses live next to lower income tenants that are affected by their policies might help the wealthier tenants build some empathy

Lmao there's a barrier and bushes so Arthaus doesn't have to see the next door neighbors sleeping in front of Broad Street Ministry.

Two weeks ago I read that nearly 70% of the condos in the Laurel had sold: https://www.bizjournals.com/philadelphia/news/2022/12/05/laurel-rittenhouse-square-philadelphia-photos.html?ana=TRUEANTHEMFB_PL&csrc=6398&utm_campaign=trueAnthem%3A+New+Content+%28Feed%29&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR3oB2W-sbHM5wZjYxqe6yhkgsFKV45rJG75sms4NsCdRBhjxlF1saBO5vg

How do you know it's not leasing well? That's disappointing, it is very expensive though.

The housing authority spending millions on a few units would be a tremendous waste of taxpayer money.

I was referring to the apartments, which make up the majority of the units there. You can look at an interactive map at 1909 Rittenhouse (I guess they’re branding them differently even though they share the building) and see that roughly ~75% of units are available for rent 😬

I think the different branding is a pretty bad idea, I've followed this development from the beginning (not that closely) and haven't even heard of that until just now. I googled "Laurel rittenhouse rentals" and "laurel rittenhouse apartments" and nothing for 1909 Rittenhouse even came up, and I don't see a way from the Laurel website to get to the apartments either. Besides the prices, this certainly doesn't help get them leased...

Edit: OMG, a 2 bedroom on like the 3rd floor is $10k a month?!

It's so some Corpo can buy the land basically.

Majority of units but equal number of floors and probably pretty close in sq footage. The article says 40% of rentals are booked so not 75% available.

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I hate skinny buildings. They make me feel oddly uncomfortable.

Color looks way better than some of the dull white concrete around it.

I haven’t heard anything new about this building for about a month. Glad to see it going forward