Re: [UC] news flash

[William H. Magill]

On Sep 12, 2011, at 7:32 PM, Richard Conrad wrote:

> There is much need and plenty of room for a lot near there - and also even 
> though the restaurants are large and the  parking limited, they are usually 
> almost full... not far from public transports, large mosque - nor the Supremo 
> market either.
> On Sep 12, 2011, at 6:00 PM, krf...@aol.com wrote:
> 
>> 
>> You know those stores some people who didn't know what they were doing built 
>> "on spec" on the northwest corner of 45th & Walnut? The ones that nobody 
>> ever rented -- and that actually aren't really finished on the inside?
>>  
>> A "For Sale" sign just went up where there used to be a "for lease" sign.
>>  
>> I feel bad for the people who put in their money (and their hopes) and will 
>> probably take a bath on the sale ... if someone comes along and buys the 
>> property during their lifetimes. But, from my albeit limited involvement 
>> with this sort of thing, I believe they would have done poorly even if the 
>> bottom didn't drop out of the economy in 2008. No parking, for example, 
>> would make the businesses dependent largely on walk-ins.
>>  
>> -
>> Alan Krigman
>> KRF Management, ICON/Information Concepts Inc
>> 211 S 45th St, Philadelphia PA 19104-2918
>> 215-349-6500, fax 215-349-6502
>> krf...@aol.com or al.krig...@krf.icodat.com

The "good news" is … the builder "remediated" (removed) about 6 feet of earth 
and vented the old tanks…. so theoretically, the site can now be sold without 
EPA issues.

The folks at the Mosque across the street had tried to buy the old vacant lot 
for years, but the then owner wanted far too much money for the property BEFORE 
any remediation costs.

Guess we'll just have to wait and see what happens next.


William H. Magill
Block Captain
4400 Chestnut Street

mag...@mcgillsociety.org
whmag...@gmail.com
 4428 Chestnut Street
 Philadelphia, PA 19104-2914
 (267-402-0529)










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Re: [UC] news flash

[Richard Conrad]

There is much need and plenty of room for a lot near there - and also even 
though the restaurants are large and the  parking limited, they are usually 
almost full... not far from public transports, large mosque - nor the Supremo 
market either.
On Sep 12, 2011, at 6:00 PM, krf...@aol.com wrote:

> 
> You know those stores some people who didn't know what they were doing built 
> "on spec" on the northwest corner of 45th & Walnut? The ones that nobody ever 
> rented -- and that actually aren't really finished on the inside?
>  
> A "For Sale" sign just went up where there used to be a "for lease" sign.
>  
> I feel bad for the people who put in their money (and their hopes) and will 
> probably take a bath on the sale ... if someone comes along and buys the 
> property during their lifetimes. But, from my albeit limited involvement with 
> this sort of thing, I believe they would have done poorly even if the bottom 
> didn't drop out of the economy in 2008. No parking, for example, would make 
> the businesses dependent largely on walk-ins.
>  
> -
> Alan Krigman
> KRF Management, ICON/Information Concepts Inc
> 211 S 45th St, Philadelphia PA 19104-2918
> 215-349-6500, fax 215-349-6502
> krf...@aol.com or al.krig...@krf.icodat.com

[UC] news flash

[Krfapt]

You know those stores some people who didn't know what they were doing  
built "on spec" on the northwest corner of 45th & Walnut? The ones that  nobody 
ever rented -- and that actually aren't really finished on the  inside?
 
A "For Sale" sign just went up where there used to be a "for lease"  sign.
 
I feel bad for the people who put in their money (and their hopes) and will 
 probably take a bath on the sale ... if someone comes along and buys the  
property during their lifetimes. But, from my albeit limited involvement  
with this sort of thing, I believe they would have done poorly even if the  
bottom didn't drop out of the economy in 2008. No parking, for example, would  
make the businesses dependent largely on walk-ins.  

-


Alan Krigman
KRF Management, ICON/Information Concepts  Inc
211 S 45th St, Philadelphia PA 19104-2918
215-349-6500, fax  215-349-6502
krf...@aol.com or  al.krig...@krf.icodat.com