Philly won’t pave (artist’s) paradise to put up a parking lot
12/29/2014 | Real Estate Blog
The Philadelphia Redevelopment Authority has reached a settlement with a property owner over an eminent domain dispute. What happens next is anyone’s guess.
Second verse, same as the first: Revel deal hits a familiar snag
12/27/2014 | Real Estate Blog
The course of true love and the sale of Revel Casino may never run smooth. With Brookfield US Holdings LLC officially out of the running as buyer of the Atlantic City complex — we wrote about the deal’s demise in our Nov. 21 post — the sellers turned to runner-up bidder Glenn Straub. Straub, however, has not backed off his belief that the initial auction was unfair.
Long-term care planning: Understanding its importance
12/26/2014 | Kaplin Stewart Blog
Estate planning is something that all Pennsylvania residents should make time for. However, you may also be wondering if you need to plan for the possibility that you will need long-term care. Estate planning covers what will happen to your assets and possessions after your death. Long-term care planning, on the other hand, helps you make provisions in case you become incapacitated while you are still living. According to the U.S. Department of Health and Human Services, approximately 70 percent […]
How does the purchase agreement prevent real estate litigation?
12/20/2014 | Real Estate Blog
Anyone who has bought or sold a house will probably remember that they and the other party drew up a purchase agreement at some point in the proceedings. In commercial real estate, purchase agreements are also commonly used as a “road map” to direct the parties to closing. A well-made purchase agreement can avoid future problems by making each parties obligations clear, so that there is no confusion or misunderstanding.
George Washington slept here – or was it over there? p2
12/16/2014 | Real Estate Blog
Before developer Edgar Scott III’s proposal went before the Radnor Board of Commissioners for approval, a group of residents moved to block the project for an unusual and perhaps unexpected reason. The Ardrossan Farm property apparently has historical significance. The residents want plans to pause while archaeologists assess just how significant the site is.