Over 400 Philadelphia Housing Authority Properties at Auction
- Oct 19, 2011
By Veronica Grecu, Associate Editor
The Philadelphia Housing Authority (PHA) announced last week that more than 400 vacant properties throughout the city will be auctioned on November 16 starting 1 p.m. at PHA’s finance office building at 1800 S. 32d St. in the Greater Grays Ferry area.
According to PHA, the sale will be conducted by Max Spann Real Estate & Auction Co. A detailed list of properties—ranging from town homes and building lots to multi-family propertis—is available at www.maxspann.com. As these properties fall mostly in the affordable housing category, said Max Spann’s Chief Operation Officer Bob Dann, they are a great opportunity for homeowners, builders and investors who wish to invest in Philadelphia and thus contribute to the city’s economic growth.
A series of informational sessions are scheduled before the auction as follows:
– October 19, from 1 p.m. to 3 p.m., at the Greater Grays Ferry Estates building
– October 26, from 1 p.m. to 3 p.m., at PHA’s Warnock Center at 2862 Germantown Ave. in North Philadelphia
– November 2, from 1 p.m. to 3 p.m., at the Greater Grays Ferry Estates building
PhillyBurbs.com reports that construction is advancing at the new Bucks County justice building. The work began in July when contractors started cleaning the site to make sure that the actual construction would be done in a safe environment. Despite the fact that the development is questioned by many who think it should be scaled down, the new courthouse will be 285,000 square feet and it will cost around $84 million coming from public funds. The building will be L-shaped and will feature wings that parallel Broad and Main streets in Doylestown.
Illustration courtesy of Philadelphia Housing Authority