Domb on Real Estate

Monday, December 17, 2007

Virtual Open House: 22 Front - Boutique Condominium Living in Old City

22 Front, a new boutique condominium between Market and Chestnut Streets in Old City, is nearing completion, and some residents have even already moved in. Watch this video tour of the model home. It is a 1,362 sq. ft. 2 bedroom, 2 bathroom condo, priced in the mid-700s.

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Monday, November 12, 2007

Project update: Putting a face on 22 Front

And not just any face -- but one that captures what it's like to live among the vibrancy of Old City and the cache of Society Hill.

That's my goal at 22 Front, my seven-story, 42-unit boutique condominium straddling these two Philadelphia neighborhoods. Construction is moving along, and the 19th-century charm that inspired the building is really showing through.

The brick exterior is 99 percent complete. The facade consists of 10-foot, floor-to-ceiling windows, which let in a great deal of sunlight. They're also insulated to reduce outside noise.

We're fitting in the interiors, too. All include tile, stone, hardwood finishes, and radiant heat. Plus, first-floor residents have the outdoor privacy of their own terrace.

Residents have already begun to move in and for prospective buyers, a one-bedroom model home and sales center is now open.

This is the side of 22 Front today:


And this is the facade:


Once it's all done, 22 Front will look like this:



Buyers with questions, or anyone else interested in learning more about 22 Front, can contact me at 215-545-1500, or Domb@AllanDomb.com.

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Wednesday, November 7, 2007

Philadelphia: Acre of Diamonds

I'm Allan Domb and this is my blog.

I'm starting it because condo living and development in Philadelphia are my passions. And I want to share with the city, country, and industry my experiences, insights, and musings on life in Philadelphia, the Center City condo market, and what it all means for the city and its people.

Expect new ideas. Unique insight. Uncommon commentary. Everyone's invited to join the conversation -- including my competitors!

But first, a little background on why I specialize in condos in Philadelphia. I view it as Russell Conwell's Acre of Diamonds theory. It states people search the world over for fortune, when in reality, it's right in their backyard.

I came to Philadelphia in 1977. I worked as a salesperson for Phelps Time Lock Company, making $15,000 a year. To supplement my income, I became a realtor three years later, specializing in luxury Center City condos. And in 1999, I began specializing in luxury high-rise condo development.

I didn't research other markets beforehand. I just lived here, worked here, and had 19 years of successful experience selling and renting local real estate, and helping other regional developers market their projects.

My goal: Achieve homes for people in Philadelphia. Over the past eight years, I've developed The Barclay, 220 West Washington Square, The Lanesborough, The Bank Building Residences, 22 Front, The Warwick Condominium, and my latest accomplishment, Parc Rittenhouse, into luxury Center City condos.

Now I'm blogging about it.

But beyond the Acres of Diamonds theory, I invest so much time, money, and energy into Philadelphia for another reason, more meaningful than digging in your backyard. Check back soon to find out!

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