Viewing a single comment thread. View all comments

ColdJay64 OP t1_j15t1a2 wrote

Reply to comment by MShoeSlur in Demolition Permit Could Be First Sign of Skinny Rittenhouse Tower by ColdJay64

Two weeks ago I read that nearly 70% of the condos in the Laurel had sold: https://www.bizjournals.com/philadelphia/news/2022/12/05/laurel-rittenhouse-square-philadelphia-photos.html?ana=TRUEANTHEMFB_PL&csrc=6398&utm_campaign=trueAnthem%3A+New+Content+%28Feed%29&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwAR3oB2W-sbHM5wZjYxqe6yhkgsFKV45rJG75sms4NsCdRBhjxlF1saBO5vg

How do you know it's not leasing well? That's disappointing, it is very expensive though.

9

MShoeSlur t1_j15tomx wrote

I was referring to the apartments, which make up the majority of the units there. You can look at an interactive map at 1909 Rittenhouse (I guess they’re branding them differently even though they share the building) and see that roughly ~75% of units are available for rent 😬

5

ColdJay64 OP t1_j15xdhf wrote

I think the different branding is a pretty bad idea, I've followed this development from the beginning (not that closely) and haven't even heard of that until just now. I googled "Laurel rittenhouse rentals" and "laurel rittenhouse apartments" and nothing for 1909 Rittenhouse even came up, and I don't see a way from the Laurel website to get to the apartments either. Besides the prices, this certainly doesn't help get them leased...

Edit: OMG, a 2 bedroom on like the 3rd floor is $10k a month?!

10

Ng3me t1_j172k2f wrote

Majority of units but equal number of floors and probably pretty close in sq footage. The article says 40% of rentals are booked so not 75% available.

0