We’ve spent the last few days going over the BRT web site to see what it shows about real estate activity on Frankford Avenue last year. It took some time but now we can report that 25 properties were transferred in 2007. One of them was transferred twice. This runs from the 4200 block through the 5200 block. $ of those transfers only were title changes. The remaining 21 were valued from $32,000 to $3,732,000. 8 of the new owners gave addresses outside of Philadelphia. 2 of those 8 are located in Brooklyn, New York.
In 2006 there were 37 transfers between $15,000 and $550,000.
In 2005 there were 39 transfers between $20,000 and $750,000.
In 2004 there were 30 transfers between $9,000 and $310,000.
This is the first of a series where we will take a look at those properties transferred in 2007.
From the Philadelphia Business Journal:
Patients at the Transplex Center (map) for Medicine and Rehabilitation don’t just stretch, lift weights and use stair-climbers during therapy sessions.
They also play baseball, golf, bowl and even box — all without leaving the Frankford health-care center in Northeast Philadelphia.
Read the entire story here.
The general meeting of the Frankford Business and Professional Association was held at at Frankford Hospital on Wednesday, February 13th, with 19 in attendance. The meeting was chaired by Elizabeth McCollum Nazario the new President.
- Discussions centered around the ongoing issue of crime and safety and the perception of Frankford as an unsafe area. While statistically crime has declined in the area, headlines have not.
- Guest speaker Maria Quinones Sanchez, new City Council representative, talked about her first month in office. She plans to return to a future meeting of the FBPA for more detailed discussions of what can be done to develop the area economically.
- Scott Lodise, Chief of Staff for State Rep. Tony Peyton made a presentation on National Safe Place. He encourages businesses in the area to consider joining this network.
The next general meeting of the FBPA is scheduled for Wednesday April 9, 2008. If you are in business in any way in Frankford you are invited to join the FBPA.
Well the Sunrise Deli is actually at 4200 Kensington Avenue (Google map) on the corner at Womrath. Yes it is near the venerable defunct Art Holiday but don’t hold that against them. They have been open almost 2 months and offer breakfast and lunch starting at 6:00AM as well as fresh cold cuts.
Last week I came back from center city on the El in the afternoon and got off at Margaret-Orthodox. As the train pulled into the station my eye was taken by something unusual. It took a second or two before it hit me. Clean glass was beaming out from the second floor of one of the stores on Frankford Avenue (Googlemap). If you ride the El you will understand how unusual that is.
When I got off the train I walked down the platform to the end and had a closer look. There were new windows on the second and third floor and what looked like a new paint job over the brick front of the building. I went down the stairs and walked down to have a closer look. Yet it is a new business open now. The web site is http://www.saveonkitchen.com/