by Al Heavens
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Fire-sale prices for luxury Center City Condos
Price break on luxury condos in striking glass tower in Center City. Best offers over $250,000 considered.
That's the strategy for moving 40 of the 178 units still unsold at the Murano at 21st and Market Streets, to be sold at auction for sums 50 percent below their original list price later this month.
Take the 1,405-square-foot, 23d-floor unit originally listed at $995,000. It could go for $485,000, less than what it would cost to build today, said Jon Gollinger, president of Accelerated Marketing Partners, of Boston, which is handling the sale for Murano's developer, Thomas Properties Group Inc.
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by Barbara Ormsby
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Delco Council Approves funds for Municipalities
Delaware County Council last week ratified two Land Use Planning Technical Assistance Program (LUPTA) contracts for assistance to two municipalities. LUPTA will pick up 50 percent of the costs.A contract with the Department of Community and Economic Development is for the preparation of a Comprehensive Plan update for Chester Heights Borough at $50,000. The cost will be split between the DCED, Community Development Block Grant funds and the borough.Also, the $70,000 zoning ordinance updates for Aston, Upper Chichester and Lower Chichester townships will be funded by the townships, DCED and CDBG.
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