Monday, May 18, 2009

And Philly

Real estate prices in and around center city never got completely crazy, though at some point bubble fever hit some developers and speculators. That is, not that many houses/condos were sold at crazy prices but some parcels were purchased by developers at crazy prices.


American Loft was to be the centerpiece of a booming real estate empire, an 11-story, 40-unit luxury condominium project at North American and Brown Streets in Northern Liberties.

Now, the 63,000-square-foot, 21st century mid-rise designed by architect Winka Dubbeldam and looming over a hodgepodge of 19th-century rowhouses, warehouses, and vacant lots, is headed to Philadelphia sheriff's sale.


Kinda ugly
and doesn't really fit the neighborhood well.