Does anyone know if something is happening with the Jacob Holtz Warehouse on York St. I was driving by today and there seems to be some work going on - windows have been removed and covered with plywood. Does Miles Generalis still own the building?

Something is definitely going on. The windows were all cinder-blocked up...now they are removed and covered with plywood as you said. If anyone has any information as to what is going here that would be great. Its right around the corner from my house and am curious as to what is going on!

I think they're turning into lofts. Wish I could remember who said this or where it was read. Hope it's right though!

A few years ago they planned on converting this space. I hope it happens!!

don't know who owns it but i saw an Atid Property Management van out there the other day - does anyone know anything about this company?

Atid is an Israeli property management company, they have bought up tons of homes and warehouses in all sections of the city, they do pretty nice work from what i have seen.

thanks.

a little research reveals that the property is owned by '2424 E York Partners', which is probably an entity set up just for this property. more details here:

http://brtweb.phila.gov/brt.apps/Sea...id=8574002410#

here you go guys....

http://2424studios.com/comingsoon/

it will be studio space starting at $400/mo. No residential. That parcel is zoned general industrial and apparently they couldn't get a variance the last time miles & generalis came around and proposed lofts (which the neighbors shot down).

There's already a ton of studio spaces available in East Kensington - it makes me wonder if they can actually fill this building.

thanks for the info.
do you know who the developer actually is?

also, i love their use of adverbs:"Neighborly Fishtown Location | Lofty Studio Community High Ceilings"
it's gonna be neighborly and lofty - what more would one want? ;----)

Thanks Kevin, you always have the inside scoop

Sales Date: 3/14/2007
Assessed Land (Taxable): $65,040 Sales Price: $2,250,000

Thats a big investment for $400/mo studio rentals