Relevant Commentary, all information Philly (real estate and otherwise), Open Houses, Listings, Happenings, and More — by Jeff “City” Block
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Philly: One of the Best Places to Live and Retire
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I do not plan to retire. Of course, I do not plan to retire soon, but what I really mean is I have no interest in or plan to retire ever. I love my job, and I want to keep working for decades into the future. I like to think I am young at heart, but I was not born yesterday. Let me just say that my Bar Mitzvah was the same month that the Phillies won their first World Series. You know, the one with Mike Schmidt, Pete Rose, Gary Maddox, Manny Trillo, Larry Bowa, Bake McBride, and Tug McGraw (to name just a few). I was alive when the Flyers won their Stanley Cups, though I don’t remember that too well. And I was in High School at Friends Select when the Sixers won their most recent championship with Doc, Moses, and Mad Andrew Toney.
Please note that I have not yet started receiving any of the mail, emails, or other contacts from AARP, and I am not sure at what age you start getting that kind of stuff from the American Association of Retired People, but I understand it is well before most people actually retire.
So why do I bring all this up? Because one of my clients just texted me a link from the AARP website, and she said, “Go Philly.” So, I was intrigued, and I opened it. I was pleased to learn that as of November 29, 2021, Philadelphia is one of the “Best Places to Live and Retire Now.” And it is actually a really informative and interesting article.
Those who know me know that I strongly believe that Philly is the best place to live in the United States (if not the world)! But as a hotbed of retirement? It actually makes sense. A few highlights from the piece—
The article’s sub-heading is: “Whether to work or retire, these communities deliver on the qualities we most want in a hometown.” Totally agree there. Love working here.
“Call it the Great Reassessment. Nearly two years of pandemic living have given Americans so much time to reconsider what makes a house a home and a zip code a neighborhood worth living in.
Over the years, AARP The Magazine has regularly reported on great places to live on a modest income. But in our first assessment since the pandemic began, we knew we had to amend the criteria. AARP’s Livable Communities team — which provides support to local leaders to help make cities and towns best-suited for people of all ages — and the AARP Public Policy Institute — which publishes the popular Livability Index used by real estate agents and home shoppers nationwide — worked with our editors to come up with 14 objective points of data by which to assess American communities in this new reality. From them, a set of communities emerged. It was full of surprises: a few big cities you might not expect to be retirement-friendly, and smaller towns that are hardly known outside their region.
Of course, numbers don’t reveal the intangibles that make communities special. So we gathered input from AARP’s state offices as well as from regional journalists. Ultimately, this process yielded a handful of communities that represent much of what we all look for in a place to call home: a comparatively low cost of living, great access to nature and recreation, relative ease of getting around, quality health care systems, and a strong sense of community. These are draws even if you aren’t nearing retirement; all of the featured communities have strong job markets or are good candidates for remote work.
‘We know that older adults and younger generations want similar things in the places they live,’ says Mike Watson, director of AARP Livable Communities.”
Ok, a few highlights here to discuss. First, this does not seem as if it is just some kind of popularity contest. They actually put careful thought, analysis, and data through the wringer. Second, I never realized that the oft-cited Livability Index was an AARP creation. I looked it up and sure enough, it is. So, AARP has some experience and credibility in the world of “best places to live.” Finally, the conclusion sums up Philly to a tee—low cost of living compared to other Northeast cities, superb access to nature and recreation, easy to get around (compared to other Northeast cities), quality health care, etc. And these are all key whether you are young or old, working or retired. Most people are looking for similar things.
Now for some highlights specific to Philly:
“Philadelphia may not seem like the most obvious place to settle down into retirement — the big, old, noisy East Coast city is as famous for its grumpy sports fans as for its history. But Philadelphians know their city as a green, welcoming, community-minded place.”
Yes. Yes. This is exactly right. And we did not really throw snowballs at Santa. That is not the whole story. Not to mention it was in the 1960s, and that silly fable still sticks. Green. Welcoming. Community-minded. Right on point.
“Of Philly’s 1.6 million residents, 300,000 are over 60. Their living costs, while slightly above the national average, are lower than in most East Coast cities, especially for housing. And the city offers notable access to health care, parks and culture.
Like any American city, Philadelphia contends with its share of crime and poverty. But AARP surveys found that almost 70 percent of Philadelphia’s older residents rate the city as ‘good’ to ‘excellent.’ Among America’s 10 biggest cities, only New York outscores Philadelphia on the AARP’s ‘livability index.'”
And while this is all accurate as well, I finally find something in this piece a little dubious. NYC outscores Philly on the livability index? Ok, whatever. No 2 is still pretty good. Personally, I would live in Philly over New York any day.
So please enjoy your weekend in Philly or wherever you are. Be careful out there. Get vaxxed and wear your mask. I hope I am not writing about new open house restrictions in the coming weeks. That is for sure.
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7111 Germantown Avenue #401
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Triplex
$788,000 (net price)
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2 Bed | 1.5 Bath
$550,000
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3 Bed | 1.5 Bath
$435,000
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Here is a list of the 5 other properties the City Block Team sold this November:
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2217 N 51st Street
Brand New Listing
36 Units | 20,640 SF | Professionally Managed | Elevator Building | Solid Rental History | $3,500,000
Located in the red-hot Wynnefield neighborhood, and with beautiful old-world charm and character, the Gainor is your prefect perfect investment opportunity.
36 units that are always occupied (two units are being turned over at present), so keep the building as-is or add value with improvements to match the neighborhood improvements.
This c. 1926 building is professionally managed and has had the same owners for the past 36 years. Just three blocks from St Joes, there is new construction and rehabs everywhere you look.
The Gainor consists of 23, one-bedroom units and 13 studios. Elevator building, large on-site laundry room. Quick walk to the Septa Regional rail via Center City. Numerous Bus Stops to Center City, KOP Mall, etc. Shopping along City Avenue. Solid rental history.
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Since 1956 Wanamaker’s (now called Macy’s, obviously), has presented a Christmas Light Show at the Grand Court in the Wanamaker Building. The show features 100,000-lights, sparkling snowflakes, dancing snowmen, and narration by Julie Andrews, accompanied by the Wanamaker Organ. The Show takes place once daily at 10:30 am starting December 1 until 24. And from December 26 to 31 the show begins at 11:30 am. Also at Macy’s is the vintage Dickens’ Village located on the third floor featuring detailed sets and animatronic dolls retelling “A Christmas Carol.” Advance reservation is required.
Photograph & content courtesy of uwishunu.
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Holiday Happenings at Reading Terminal Market
Reading Terminal Market is a Philly staple that’s especially fun to visit during the holiday season. During December the Market features a Gingerbread Candyland, giant snowflakes, and festive programming:
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An awesome window display, painted by local artists, on 12th Street will be unveiled along with Holiday decorations.
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Help support local charities while listening to live music during Thoughtful Thursdays running December 9, 16, and 23 from 4 to 6 pm. Also, visit Molly Malloy’s holiday-themed drinks.
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Head to City Kitchen to watch chef demonstrations from local and market chefs starting at noon on December 10 & 17. Seating is available on a first-come basis.
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See holiday performances and get gifts from local crafters on Jingle Mingle Sundays running from 11 am to 3 pm on December 12 and 19.
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2217 N 51st Street
BRAND NEW LISTING
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Mount Airy
New Construction
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3 Bed | 2.5 Bath
$770,000
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5 Bed | 2.5 Bath
$595,000
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733 S 12th Street, Unit 200
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1811 Chestnut Street #502
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3 Bed | 1.5 Bath
$214,900
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250 S 13th Street, Unit 8F
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As always, please know that I’m humbled by and appreciative of your introductions and referrals. If you have a friend, colleague, or family member that is in need of Expert Real Estate Representation, please have them contact me.
Be assured, I will do my best to exceed their expectations! Thanks for taking the time to read this issue of Around the Block.
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Some imagery in this e-newsletter was sourced via UWISHUNU, thephiladelphiacitizen.org, readingterminalmarket.org, and Canva.
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