Real Estate
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Meridian Bank House of the Week: A Sunny Forecast for This Richboro Home’s New Owner
338 Glen Meadow Road, Richboro, is a little bit like Father Noah. It weathered a rather rough time amid some stormy waters, but it has emerged as if on a sunny mountaintop, ready to march onward. The current owners have shown vision and commitment in their stewardship of the structure. A massive expansion of the…
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Bucks County’s Residential Real Estate Boom Is Exploding the Dreams of Low-Income Purchasers
It’s true that a rising tide lifts all boats, meaning that one change can sometimes improve the general status of many. But there’s an downside to that phenomenon, which is making itself evident in Bucks County. Elevated residential real estate prices are pushing properties out of the budgets of needy families. The trend has become…
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Office Break Rooms That Once Produced Gallons of Coffee Could Soon Yield Medical Breakthroughs
Office space that once produced things like ideas and strategies — and their kitchens that once bred weird things in the refrigerator and countless pots of coffee — could soon issue something else. Emptied by work-at-home employees, these sites are finding new purposes, writes Jake Blumgart for The Philadelphia Inquirer. “Landlords in their private moments…
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Warrington’s Shops at Valley Square Acquired by New Jersey Real Estate Investment Co.
The Shops at Valley Square — a lifestyle center of nearly 300,000 sq. ft. in Warrington — has been acquired by Lamar Companies of Fairfield, N.J. The mixed-use site at 1501 N. Main St. hosts retail, commercial and multi-family residential properties; it was built in 2007. One of the deciding factors that caused Lamar to…
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Bush House Hotel Owner on Its Ongoing Role: ‘I Like Restaurants. But We Need Affordable Housing, Too’
Tom Skiffington, owner of Quakertown’s Bush House Hotel, has been told repeatedly to give up. Considering his daily pressures — a vintage building in constant need of care, a roster of residents relying on him, a recent condemnation-related closure — bailing on the property would be understandable. But he remains committed. Skiffington bought the 103-room,…
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Dublin’s $26-Million Mixed-Use Site Is Set to Drive the ‘Next Frontier’ of Local Economic Opportunity
The transformation of 17 acres in Dublin into a vibrant, mixed-use development continues. Natalie Kostelni updated readers in the Philadelphia Business Journal on the final preparations of the Dublin Town Center. It’s a $26-million retail-residence-open space community. Nehemiah Development Co., itself a Dublin business, is currently working on a 15,000 sq.-ft. building that will hold…
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Meridian Bank House of the Week: A Levittown Residence That Will Reflect Well on Its New Owner
The sartorially minded new homeowner of 105 Mill Drive, Levittown, will hold the deed to a property that enables plenty of opportunities to ensure his or her look is just-so. Hair in place? Check. Shoes not scuffed? Nope. Any unsightly wrinkles in the outfit? Certainly not. Sleeping quarters are an appropriate place to check out…
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Meridian Bank House of the Week: Living on Morrisville’s Crown Street without Paying a King’s Ransom
Nestled cozily in its Morrisville neighborhood is this distinctly designed domicile, built in the Tudor style in 1906. The property at 859 Crown Street has a regal air about it, with mullioned leaded-glass windows, french doors, high ceilings, and wood floors. But its charms and welcoming atmosphere will make even the commonest of commoners feel…
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Levittown Benefits from State Shot-in-the-Arm to Fund a Commercial Site Renno
A low-interest loan from Harrisburg — extended by the Pa. Industrial Development Authority (PIDA) — will help Levittown’s economic outlook. The resource was covered in the Lower Bucks Times. The connector between the funds and their recipient, Aluminumia Realty LLC, was the Bucks County Economic Development Corporation. Its efforts brought a 15-year, $1 million state…
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Ambler Borough Is Getting a New Apartment Community for the First Time in 50 Years
Ambler is getting ready to welcome its first new apartment community in over 50 years, reports AroundAmbler. 25+ years ago, Ambler was a blighted community with multiple abandoned industrial facilities. Through dedication and focus, members of the Ambler Borough worked diligently to attract commerce, retail, dining, arts, and culture to Ambler, transforming the town into the thriving community it is…
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Meridian Bank House of the Week: A Bensalem Lesson in ‘Don’t Judge a Book by Its Cover’
From the curbside, 1121 Park Avenue, Bensalem, looks like a cute little cottage, perhaps something seen on a side street in a Jersey Shore or Cape Cod resort town. But closer inspection — possible from just taking a few sidesteps into the driveway — reveals a huge footprint of a home, thanks to a 2017…
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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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Meridian Bank House of the Week: Seeking ‘Green Acres’? This Ottsville Farm Livin’ Is the Life for You
The Ottsville property at 16 Park Drive East has all the essentials of a bucolic Bucks County life, perfect for a city slicker from any metropolitan area to ditch it all, get his or her hands dirty, and make a go of an agribusiness. And all that opportunity comes without an inept handyman; a dim…
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Just Like Buying a Home, Purchasing a Vacation Spot Is All About Timing
Vacations are a prime opportunity to ditch the phone alarms, toss aside the wristwatch, and pause all electronic reminders to enjoy some well-deserved downtime. A brief pause in clock-watching is a great refresher for the occasional respite from work and chores, but it can be a detriment to potential purchasers of a vacation home. In…
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Rising Rent Rates Are Closing Doors to Low-Income Bucks County Renters
Like most of the country, Bucks County is seeing record increases in rent rates that are making housing costlier than ever for many residents. Abha Bhattarai, Chris Alcantara, and Andrew Van Dam reported the trend in The Washington Post. Nationally, rent prices went up by a record 11.3 percent last year. This fast pace of…
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New Book by Swarthmore Author Tackles the Humorous Side of Real Estate
After 40 years in the commercial real estate business, Brian Dickens Barrabee has heard a few stories, some of them fairly bizarre, writes Peg DeGrassa for the Daily Times. Now the Swarthmore resident has decided to put 81 of those humorous — and sometimes inspirational — stories into a book, Confessions of a Real Estate…
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Former Summer Home of the Guggenheim Family, Founder of New York’s Famous Museum, Hits the Market
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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Meridian Bank House of the Week: Bensalem Colonial with a ‘Sound of Music’ Gazebo Attached
Any potential home buyer looking for a Bucks County property — who also happens to be a fan of the 1965 film The Sound of Music — will want to see the four-bedroom, 2.5-bath Colonial at 2957 Columbia Drive in Bensalem. It features no Tyrolean architecture. It’s not bordered by a waterway in which children…
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