It seems like since the beginning of January the Real Estate market turned on a switch and people started getting busy. FINALLY! A three year drought of activity will make any real estate professional long for the ‘old days’. Since most real estate folks I know are certified ADD candidates, the lack of deals has been especially hard to take. Lease proposals, sale prospects, some refinancings, appraisals, and even some tenant improvement construction have cropped up everywhere.
Last week we completed demo work at 35 Cricket Terrace in Adrmore. Fourteen 30 yard dumpsters took years of walls, ceilings, doors away from our 12,000 sf former office suite. Our dumpster guy reported ours was one of four demo jobs going on that week. We should all hope the job market really picks up and maybe we can get back to real estate hyper activity, the drug all of us real estate addicts crave!
On Friday April 8th Villanova University hosted it’s second annual Real Estate Competition. Teams of undergrad students were given a week to analyze and prepare a plan to develop a parcel of ground in New York City. Industry leaders from Keystone Property Group, JLL, CBRE and KPMG were on hand to judge the teams. NYU, Univ of PA, North Carolina, Texas, Penn State, Georgia and USC were some of the participants. UNC was the first place finisher featuring a student named Marcello who seized the moment in an impressive display of knowledge and confidence!
Once again Thanksgiving reminds us that another year will soon be in the books, and I begin to think about my Top 10 albums for the year. Actually I have been thinking about it all year. Since this represents my fourth year of a formal review, I take the responsibility all the more seriously. For 2010 I am adding a slight new wrinkle, I am preparing this list before the national media (not trying to sound like Sarah Palin) publish theirs. This way the list cannot be influenced by other year end reviews. So for the record, this list was complied Thanksgiving weekend and uninfluenced by Paste, Rolling Stone, Inquirer, etc.
The current world seems to carry a fair amount of uncertainty. We just witnessed another political shift. Our economy feels like it wants to move forward View full article »
2009 marked some personal numerical milestones for me; I turned 50, celebrated 20 years of wedded bliss but most frightening my daughter turned 18. How did that happen?
So I am continuing a recent tradition with my yearly music review. As I considered my favorites from the year it became obvious that many bands on the list were acts I had seen live. 5 of my top 10 CD releases were bands I enjoyed perform this year, including one and two which I saw in the same night! If you are a music fan you absolutely must go out and see live music. My year included the SXSW live music overload, Phish for the first time in Jones Beach, NY, and two iconic artists closing the old Spectrum in Philly. I was also fortunate to witness a crazy number View full article »
2008 was certainly a year to remember! We experienced huge shifts in the political, economic, and overall psyche of our country and world. The United States will have its first African American president, the economy shifted into reverse after a long climb up, people lost 30-40% of their net worth over what seemed like a 2-3 month period, and we are still fighting two silly wars. Oil prices spiked to $140 a barrel and back to $40 a gallon in 6 months. Wall Street will never be the same with huge investment banks, insurance companies and auto companies either tanking or needing billions of dollars in bail out money from our government. It was a crazy year in sports starting with the NY Giants Super Bowl win over an undefeated opponent, the incredible Michael Phelps, and our very own Phillies ending a 28 year city championship drought. If we ever needed a positive distraction View full article »