193 apartments planned along Delaware River in Northern Liberties

Dated: August 29 2024

Views: 55

A new apartment building planned for the Delaware riverfront at 901 Penn St. will have 193 units and 75 parking spaces. The units will range from 500-square-foot studios to two-bedroom units of 1,000 or more square feet. The new project in Northern Liberties is the latest from developer GY Properties, a Philadelphia-based residential company helmed by Israeli military veterans, which envisioned Waterfront Square over 20 years ago as a complex of five towers. But after the first three towers were built, the Great Recession struck, and the company struggled to fill the buildings. The final third of the project was never completed. Now GY Properties is filling in the land around Waterfront Square with more modestly scaled rental developments. Together with a companion building at 933 Penn St., they have 389 apartments planned for the site. Read more in the Inquirer.
Source: Inquirer; 7/23/2024 

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Pete McGuinn

Pete McGuinn - Your Trusted RE/MAX Main Line Real Estate Expert With over 22 years of experience as a full-time REALTOR® at RE/MAX Main Line, Pete McGuinn is a distinguished real estate professional....

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