another one bites the dust! the lower 2 buildings met their fate with explosives about a month ago. these 1830's greek revival historic properties were at the corner of front & chestnut sts in center city philadelphia. harvey & robert spear bought the properties to cash in on the condo develpment boom. well, they can kiss this yellow ass! with the condo development boom in olde city, northern liberties, & even port richmond, the market has finally snapped under stress. this project did not go bad, but it went terribly bad. the new construction was never realized and the existing historic properties were leveled to make way for another parking lot. thanks to some loopholes in L&I, the spears got their order for demolition. respect to cecil baker & partners to conceptualize the condominiums without destroying the existing history. another tragedy befalls the people who do have pride in the heritage and preservation of philadelphia's historic architecture. to get the full story by inga saffron, click here
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