Monthly Archives: March 2016

Challenges related to the development of historic neighborhoods

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on Mar 31, 2016.

When it comes to the development of real estate, in many areas of the United States there is friction between the community and those seeking to develop the property. Philadelphia is not an exception. Currently, the neighborhood of Chestnut Hill is facing this situation.

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Philadelphia School District challenges denial of building sale

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Real Estate Law on Mar 25, 2016.

When it comes to land use in Pennsylvania, interested parties are not always on the same page. When one party opposes the proposed actions of another, there are multiple ways the matter might be addressed. When other methods are not effective, it is possible litigation could be employed to address the issue. This recently occurred in Philadelphia.

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Kaplin Stewart is sponsoring the upcoming Philadelphia Capital Markets Summit taking place in Philadelphia, PA on April 13, 2016.

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Uncategorized on Mar 24, 2016.

Neil A. Stein will be a speaker on the 10:05 am panel, the Alternative Financing Solutions for Real Estate Deals. Other topics being discussed at the conference are State of the US Banking System and what that means to Real Estate in Philadelphia and Real Estate Equity Investors Requirements & Investment Deal Flow.

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Is commercial property tax increase coming to Philadelphia?

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Commercial Real Estate on Mar 17, 2016.

As we have mentioned in previous posts, the development and use of commercial real estate can be beneficial not only to the owners or developers of the property, but to the surrounding community as well. While at times the benefits reaped in connection with commercial real estate are mutual, other times one party will benefit more than the other. Legislation that was recently proposed by two Pennsylvania lawmakers illustrates this.

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Pennsylvania Supreme Court to hear cases that could impact zoning

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Land Use & Zoning on Mar 14, 2016.

Zoning issues can have an impact of the development of property where construction is concerned. That is not the only situation in which disputes regarding the way in which land is used can arise however. Currently environmental protection is taking center stage in the use of some property in Pennsylvania. Two cases regarding this issue are slated to be heard by the Pennsylvania Supreme Court this month.

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Commercial developments may positively impact area residents

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on Mar 7, 2016.

The first thing that may come to mind for many, when they hear that a new commercial real estate development is underway, is the economic profit the developers behind the project will realize as a result of it. While it is true that property development is a business that in some cases can be quite lucrative, developers may not be the only ones to profit. Depending on the scope of the project, and where it is located, it is possible the surrounding community could benefit as well. This is expected to be the outcome of a Philadelphia shopping center development recently commenced.

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