lb,
I agree with you-but people are making an overbroad "prediction" about an area as many other la-z-boy speculators now wish to call CC boundaries front to schuylkill, and as far down as Washingon. The simple fact is that there are so many variables within the area that is must be demarcated in some fashion-hell, anyone who is going to compare a prop. on webster street or 4th and christian to rittenhouse or society hill can basically invent any numbers they desire.

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Peter Cetera:
Sometimes I just forget
Say things I might regret
It breaks my heart to see you crying

Instead of just admitting that Society Hill has LONG been considered part of CC (and that would be well before Wiki came along), you backpedal with your response.

The very fact that you didn't know something as fundamental as Society Hill being part of CC calls into question your knowledge of more in-depth topics, such as developer risk. I believe your purpose here is simply to argue -- rather than to debate real issues.

HAHAHA...you haven't said a correct thing yet and now you wish to claim that I'm backpedalling and unknowledgeable about the area I've lived in probably before you were using building blocks? You are the only one who can't grasp the concept that you've been wrong on just about every single thing you've said, and in the meantime insulted and disparaged the true risks associated with development-especially in the society hill area which you obviously know nothing about.

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Peter Cetera:
Sometimes I just forget
Say things I might regret
It breaks my heart to see you crying

You proved my point -- again. You just argue -- you don't debate. All you have said to me is that I am "wrong" -- while adding personal attacks. That's the typical strategy of someone who has nothing of substance to add to a debate. But I'll give you a chance to prove your points. Where am I wrong?

I assure you that some developers have nothing to lose when building a project. If you don't know this, your knowledge of finance is not highly sophisticated.

Yeah, that think looks like one of those old pictures of what the future would look like, like a flying horse carrage...

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"And Lord, I pray that you would guard your own reputation, because they're going to think that their god is bigger than you, if that happens. So I pray that you will step forward and honor your own name with all that happens between now and Election Day."--Rev. Arnold Conrad

Hey guys, No Attacks, Just the Facts.

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"Ah, good taste! What a dreadful thing! Taste is the enemy of creativeness."

Pablo Picasso (1881–1973)

I remember the Otis Schindler house very well. Actually, it should be called the Schindler-Otis house. The Rev. Schindler, a Mennonite circuit preacher and noted pacifist and vegetarian, constructed the original three-story house cc. 1760. Schindler was later committed to the insanity wards of Pennsylvania Hospital, having been scalped and waterboarded while preaching on the Allegheny frontier during the French and Indian War. The building was then purchased in sheriff's sale by Otis, a retired sea captain, privateer, carpenter, and lush, who enlarged the house, a story at a time, to house his growing family.

According to Watson's "Annals," the building was popularly called "Otis's Folly," since it tended to sway in the wind. But modern researchers believe that Otis had actually calculated on allowing a certain degree of sway into the construction, which was accomplished through the use of highly porous mortar between the bricks.

Moreover, it is thought by some researchers that Otis had constructed an ingenious elevator to access the upper floors, which was modeled on Thomas Jefferson's dumbwaiter at Montecello. It is not known whether the elevator was designed to transport people, but Watson cites older residents of the neighborhood who stated that they remembered Otis remarking in the tavern that his wife's poodle was a frequent passenger.

In the early 1960s, the Schindler-Otis house was denied historical certification because it stood in the way of an interchange for the proposed Locust St. Expressway. But it was temporarily spared demolition because ornithologists had observed a pair of eagles roosting in the upper stories. Eventually, the weight of the guano caused the building to collapse, and it was soon reduced to the three-story height of the original 1760 Schindler house.

At that point, the Philadelphia Telepathic Society sued in state court for the building to be restored, citing compelling evidence that the Rev. Schindler's unhappy ghost had been seen on the site. But a judge summarily dismissed the case, and two days later, in the middle of the night (as is their method), the Commonwealth demolished the building.

fascinating history.

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"You down wit OPM?"
Fumo: "Yeah, you know me!"

Well, the firm I work for was started as a small-scale development company and is now also full service real estate brokerage. The company is presently involved (as partners) in one development at 444 N 4th. Like I said, working for a couple of developers doesn't make me an expert on development....but I've never met anyone who developed a project with no cash and no risk.

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-Tim K

Licensed PA Real Estate Salesperson

MILES & GENERALIS, INC. GO REAL ESTATE
20 N. 3rd St.
Philadelphia, PA 19106
215-928-0221 (office)
215-928-0584 (fax)

www.PhillyLoftHouse.com : Loft-style living in a single-family home

www.LoftOn12th.com : A REAL loft in Center City

Your humbleness is a decent sign of a good realtor. That or your just stoned, but you don't seem like the stoner type.

__________________
Peter Cetera:
Sometimes I just forget
Say things I might regret
It breaks my heart to see you crying