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Philadelphia Metropolitan Area Real Estate Law Blog

Tag: redevelopment

Land bank could help increase property values, reduce crime, create jobs

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on Apr 10, 2013.

The Philadelphia Association of Community Development has reportedly joined dozens of community groups, builders, realtors, and environmental and anti-blight organizations to form the Philly Land Bank Alliance and launch a website. The purpose of the collaboration is to form a land bank to deal with the approximately 40,000 vacant or abandoned properties around Philadelphia.

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City establishes website for those interested in purchasing city-owned property

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Development on May 31, 2012.

Properties held by the Philadelphia Redevelopment Authority, the Department of Public Property and the Philadelphia Housing Development Corp. will soon be easier to purchase with a new website featuring a map which allows potential buyers to identify the location, price and other information of city-held properties. At present, 9,000 properties are listed on the website, which represents the majority of the city’s holdings.

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