Real Estate
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Former Summer Home of the Guggenheims Hits the Market in Bucks County
Solomon R. Guggenheim, the mining titan behind the Guggenheim Museum in New York City, escaped the pressures of his business career as many other people of means did in the last century. He and his family annually retreated to a summer home in the country. That dwelling, in Upper Black Eddy, Bucks County, is now…
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Area Residents Support Increases in Real Estate Densities to Address Housing Crunch
The majority of Philadelphia-area residents have voiced support for “modest densification” measures in residential neighborhoods. In short, they favor residential real estate arrangements that allow multi-residential housing on a single building lot. Manny Garcia explained the trend — and its growing acceptance — for Zillow. The residential real estate shift of creating multiple living units…
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Malvern Bank House of the Week: Redefined Country Estate on Eight Breathtaking Acres in Malvern
A French-inspired country estate nestled on 8.7 breathtaking acres with four bedrooms and four full and two half bathrooms is available for sale in Malvern. Situated in the heart of Radnor Hunt, this bespoke residence has been completely reimagined and renovated by builder E.B. Mahoney, along with architect Spence Kass. This timeless estate has been…
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Westtown to Ensure Crebilly Farm — ‘This Pristine Corner of the Township’ — Remains Unspoiled for Generations
Natural Lands announced that the owners of Crebilly Farm have signed an agreement of sale that opens a path for the permanent protection of the property. The iconic property in Westtown Township has been at risk of development. “We are very grateful to the Robinson family for their willingness to take this important step towards…
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Malvern Bank House of the Week: Spectacular Stone Estate in Chester Springs
A spectacular stone estate with five bedrooms and four and a half bathrooms is available for sale in Chester Springs. The residence is situated in Byers Station, a neighborhood that has two swimming pools, two fitness centers, walking trails, tennis and basketball courts, and playgrounds. . . The home welcomes you with an elegant foyer…
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Here’s What Kennett Square Residents Want at the Borough’s Last Plot of Undeveloped Land
In a recent survey sent out by Kennett Square officials, residents revealed their ideas for the borough’s last plot of undeveloped land, the 22-acre National Vulcanized Fibre (NFV) property off Mulberry Street, writes Fran Maye for the Daily Local News. Formerly the Nozesky junkyard, the property still requires environmental remediation by the Pennsylvania Department of…
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Westtown Township May Buy Almost Two-Thirds of Crebilly Farm
At a meeting tonight, April 4, Westtown Township officials will discuss the possibility of purchasing almost two-thirds of the 322-acre Crebilly Farm from the Robinson family, writes Bill Rettew for the Daily Local News. The township would buy 208 acres of the farm for $20.8 million, or $100,000 per acre. Meanwhile, Natural Lands may purchase…
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Contaminated Property on East Gay Street in West Chester May Finally Have a Buyer
The former Davis Oil property in West Chester that is currently owned by the Davis Estate may have a potential buyer, writes Bill Rettew for the Daily Local News. Located on 614 East Gay Street, the contaminated site used to be a storage and distribution center for heating oil. Now, the Davis Estate is working…
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Malvern Bank House of the Week: Charm, History, and Opportunity at This Former B&B in West Chester
A former bed and breakfast with 10 bedrooms and eight full and two half bathrooms is available for sale in West Chester. This one-of-a-kind property was designed by the renowned Samuel Sloan and expertly built by William Baldwin in 1860. The venue was constructed to overlook the wooded Brandywine Valley. . . The home has…
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Path Clears for Sale of Hotly Contested Property in Phoenixville
The Phoenixville Area School Board has voted 5-3 to sell the school district’s Kindergarten Center, a one-story school that was built in 1958 but has been closed since 2017, to Toll Brothers for $4.6 million, writes Holly Herman for Phoenixville Patch. Toll Brothers plans to build townhouses at the 7.4-acre lot at 100 School Lane.…
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‘What Used to Be Unthinkable Is Now Commonplace’: Housing Stock in Chester County at ‘Implausible Levels’
The region’s housing stock, particularly in Chester County, is continuing to reach record-low levels, causing prices to skyrocket and reach heights that far outweigh the income of potential homebuyers, writes Ryan Mulligan for the Philadelphia Business Journal. According to Kevin Gillen, a senior research fellow at Drexel’s Lindy Institute for Urban Innovation, the inventory trends are…
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Malvern Bank House of the Week: Executive Colonial in Gated Community in Malvern
An executive colonial with six bedrooms and four full and two half bathrooms is available for sale in Malvern. The home sits on 0.69 acres in a gated community, The Reserve at Spring Meadow. . . The residence opens into a dramatic, two-story marble foyer with keystone archways leading to the bright living room, formal…
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‘It Feels Good to Fill a Need’: Developer Aims to Meet Demand to Live in West Chester with 219 New Apartments
Following the demolition of the Salvation Army thrift store and Rubenstein’s Office Supply, West Chester Borough Council has granted preliminary land development approval for the construction of 219 “affordable housing” apartments at 250 East Market Street, writes Bill Rettew for the Daily Local News. Council will still need to vote for final approval before developer…
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Local Family Finds Modern Comfort in Home That George Washington Once Visited
Caroline and Brian Linz and their four sons may live in Whitby Hall, an 18th-century stone Georgian house on the Haverford Heritage Trail, but that doesn’t mean they can’t have a warm space to call their own, writes Terri Akman for The Philadelphia Inquirer. The Linzes live in a home that dates back to 1754.…
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Amish-Built Log House in Coatesville — a Paradigm of Quality Craftsmanship — Hits the Market
Constructed in the style of a barn, an Amish-built log house in West Brandywine Township combines comfort with sophistication and rustic charm, writes Sandy Smith for Philadelphia magazine. This three-bedroom, two-bathroom home was built in 2008 and is a paradigm of quality craftsmanship. The abode features an open main level that is ideal for entertaining…
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Restaurant in Pottstown Goes Up for Sale at $3.6 Million
A landmark restaurant on High Street in Pottstown, Cutillo’s at the Sanatoga Inn is up for sale, writes Natalie Kostelni for the Philadelphia Business Journal. Owners John and Mary Cutillo retired earlier this year and listed the 27,361-square-foot restaurant with a renovated bar and lounge for $3.6 million. The price includes a much-sought-after liquor license, 30…
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Exton Square Mall Owner Dismisses Its Auditor After 20 Years
PREIT, which owns Exton Square Mall, has dismissed its auditor, KPMG, and has brought on a new accounting firm, according to the SEC. Natalie Kostelni reports the latest PREIT news for the Philadelphia Business Journal. The new PREIT auditor is BDO USA LLP, a part of BDO International, a global accounting network headquartered in Chicago.…
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Malvern Bank House of the Week: No Expense Spared on This Regal Manor in Kennett Square
A regal manor with five bedrooms and four full and three half bathrooms is available for sale in Kennett Square. . . The custom home, with its captivating exterior that features real fieldstone, sits on five premium acres in the private community of Bucktoe Hills. It is adorned with many gorgeous details, such as the…
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