Archive for the ‘Neighborhood Pages’ Category

Philadelphia real estate market: First quarter trends

Thursday, February 16th, 2012

Philadelphia Real EstateEven though the real estate market has been tumultuous for many recently, Philadelphia somehow seems to be doing much better compared to most other parts of the country. The local market has some activity, as in housing is being purchased and seeing increases. Additionally, construction of new single-family homes continues to go up, especially in the suburbs.

One point of prosperity in the Philly real estate market lies in the increase in existing home sales into December. December 2011 took in about five more percent of existing sales than December 2010 did. Sales from the end of last year thus far have been positive. This is something the housing market needs momentously. Thus far in 2012, there hasn’t been a significant increase in homes purchased but there is certainly a growing interest in property expected to take place. 

On the seller’s side, there is hope that rising apartment rental rates could drive some potential buyers back into the fold in 2012. The average rental rate for all Philadelphia apartments has gone up nearly eight percent in the last year alone. This equals an increase of nearly $80 in the past year alone. The thought is that those individuals or couples on the fence about renting and buying could take a more serious look at buying, especially with today’s mortgage rates.

Reports have shown that mortgage rates have been hitting record lows throughout the country, as well as here in Philadelphia, which is certainly inviting for potential buyers. Right now, a 30-year fixed-rate mortgage is coming with 4.007 APR. With mortgage rates being this low and rentals continuing to increase in price, there is hope that some buyers will begin to see the benefits of buying in early 2012.

Right now, Philadelphia’s top selling areas have remained the northwestern and western areas of Center City. However, other parts of Philadelphia have retained their value attracting buyers and keeping the market going.

Right now, the big issue the city faces is sale prices, specifically for sellers. It is important to note that even though sales prices have dropped in this area, they have not plummeted as much as other cities across the country.

 

Rittenhouse Square

Rittenhouse Square, in western Center City, continues to show strength

In the coming months, there is reason to be optimistic that these prices can get a small pickup. Median prices were down about six percent in December from the previous year, but this could have been expected. The months of November and December are generally regarded as slow months for real estate anyway, but the numbers shouldn’t have too heavy an impact on the rest of the first quarter of 2012.

A glance at the early trends in 2012 Philadelphia real estate is truly a mixed bag right now. Coming off the month of December is usually not pretty for any market; however, the Philly market has looked rather stable in the early part of the year. Regardless, it should remain to be seen if factors such as mortgage rates, rising rental rates and an increase in existing home sales can positively influence the market for both buyers and sellers throughout the first half of 2012. 

–By Emma Crawford, special to PhillyLiving.com

Greenfield parents rally to save art programs

Wednesday, February 8th, 2012

With the School District of Philadelphia looking to close yet another yawning budget deficit, parents have begun to take matters into their own hands in order to preserve the quality of educational programs at their neighborhood schools.

The School District has cut funding for programs considered non-essential such as studio arts, performing arts and foreign languages. One group of Center City parents has taken advantage of a state tax credit program to keep art alive at their school.

That school is Albert M. Greenfield Elementary, near Fitler Square. The school’s active Home and School Association has raised private funds to paint, landscape, and improve the school’s interior and exterior spaces, so it didn’t take much to get it involved in the business of saving cherished enrichment programs.

The HSA took advantage of a state tax credit known as the Education Improvement Tax Credit (EITC) to do this. By establishing itself as an Educational Improvement Organization (EIO), the Greenfield HSA can receive direct donations from private companies to support programs cut by the School District outside the core curriculum. Companies can deduct the donations from their state tax bills.

The HSA did not clear the bureaucratic hurdles in time to save Greenfield’s art program this year but will be able to do so for the coming school year.

Read more about this development in the Weekly Press.

Sandy Smith

Let’s Do Brunch: 10 of Our Weekend Best

Friday, January 27th, 2012

And on the seventh day, ye shall rest. That means no cooking for you. Instead, treat yourself to a leisurely brunch at one of these great places. Whether you’re in the mood for a breakfast favorite or something more dinner-y, but on the light side, these stars of the weekend offer everyone living in Philadelphia a delightful, casual dining experience – and then some, in a few cases.

Weekend BrunchCarman’s Country Kitchen, 1301 South 11th Street (at Wharton), Passyunk Square. At this quirky, intimate diner, the best down-home cooking in Philadelphia comes with something special on the side: running conversation with the chef, who loves to mix it up on current events and whatever else is on her mind with the patrons. (Your blogger has had more than one super-cheap therapy session with Dr. Carman, who is guaranteed to remove whatever blues you may be feeling.) In good weather, you can dine al fresco at the picnic table mounted in the back of the pickup truck parked in front of the restaurant. Breakfast and brunch specialties served 7 days a week, 8 a.m.-2 p.m. BYOB.

Sam’s Morning Glory Diner, 10th and Fitzwater streets, Bella Vista. This “finer diner” is a daytime-only destination beloved by locals and lovers of fresh, local, seasonal ingredients. The weekend brunch menu features egg dishes, cakes and breads, salads and “samwiches” sure to please just about everyone. Steak lovers will appreciate the bargain-priced steak and eggs, and carb fans will find the challah French toast divine. Brunch served Saturdays and Sundays, 8 a.m.-3 p.m.

Sabrina’s Cafe, 910 Christian Street, Italian Market; 1804 Callowhill Street, Logan Square/Art Museum Area; 34th Street and Powelton Avenue, Powelton Village. Classic comfort food is Sabrina’s stock in trade, and the long lines of diners waiting for tables attest to its quality. Breakfast lovers will find their favorite meal served all day, and there are vegan and vegetarian items on the menu as well. Brunch specials include a burger of the week, eggs Benedict Florentine, and a continually changing menu of cleverly named creative items.Brunch served Sundays, 8 a.m.-4 p.m. BYOB.

Valanni, 1229 Spruce Street, Washington Square West. Cocktail lovers will find this uber-cool Gayborhood mainstay as much to their liking as diners will, with a drink menu that goes well beyond the standard Bloody Marys and Mimosas. The kitchen is incapable of turning out a mediocre meal, and brunch is no exception. The Monte Cristo sandwich is to die for. Outdoor seating in season. Brunch served Sundays, 11 a.m.-3 p.m.

Jones, 700 Chestnut Street, Washington Square. Stephen Starr’s Mom-food eatery does everything with a nudge-nudge, wink-wink attitude, with the only difference being that you are in on the joke at this very Brady restaurant. The food, however, is serious – all your favorite classics are on the brunch menu, or you can order items from the all-day menu as well. Chicken-and-waffles fans, take note. It’s also a great place to dine with the kids. Brunch served Saturdays and Sundays, 10 a.m.-3 p.m.

Honey’s Sit ‘n’ Eat, 800 North 4th Street, Northern Liberties. Bet you didn’t know there was such a thing as “Southern Jewish food.” Well, there is, and Honey’s has it. It might be more accurate to say that the best traditions of Southern and Jewish cookery coexist side by side on Honey’s extensive menu, which features breakfast, brunch and deli favorites all made with ingredients sourced from some of the best local farms, including East Kensington’s Greensgrow Farm. But there are some interesting intersections of the two: brisket soft tacos, for instance. Brunch served Sundays, 7 a.m.-5 p.m. BYOB.

Jake’s and Cooper’s Wine Bar, 4365 Main Street, Manayunk. Feeling like doing something grownup for brunch? Here’s the place to do it. This Manayunk pioneer offers the full white-tablecloth, fine-dining experience and a menu of more than 30 items, all emphasizing sustainably grown, local ingredients. If you prefer wine to a Bloody Mary with your brunch, Cooper’s offers 35 different wines by the glass and 50 by the bottle, including several excellent values. (Jake’s will undergo a total makeover starting in the spring of 2012.) Brunch served Sundays, 10:30 a.m.-3 p.m.

The Swann Lounge at the Four Seasons, One Logan Square. $73 per person and worth every penny, the Swann Lounge’s Sunday brunch buffet is the most sumptuous in the city. Patrons enjoy an embarrassment of riches: traditional breakfast favorites, a global appetizer menu, salads and classic entrees, all prepared with French flair and served with one of the city’s loveliest views as a backdrop. Service, as one might expect at an establishment of this caliber, is super-attentive without being intrusive. Brunch served Sundays, 10 a.m.-2 p.m.

Mixto, 1141-43 Pine Street, Washington Square West. From the owners of Tierra Colombiana in North Philly’s Zona del Oro comes this delightful Cuban-Latin-Caribbean fusion alternative to the standard weekend brunch. Sure, Mixto offers plenty of traditional items for the less adventurous, but the Creole, Cuban and Caribbean dishes on the restaurant’s weekend breakfast menu offer a break from the ordinary. The wood-and-brick décor and exterior plantings will make you think you’ve left Philly for the tropics – and for a while at least, you have. Try their bacon Bloody Mary as well. Brunch served Sundays, 8 a.m.-3:30 p.m.

Farmicia, 15 S. 3rd Street, Old City. Imbibers, do your wallet a favor: Dine here and take advantage of the only weekend brunch Happy Hour in town, with half-price drinks from 11 a.m. to 2 p.m. Saturday and Sunday. Farmicia – the marriage of former White Dog Cafe chef Kevin Klause’s and Metropolitan Bakery owners James Barrett’s and Wendy Smith Born’s visions – offers simply prepared artisanal fare in a relaxed environment, with an emphasis on local ingredients. Brunch served Saturdays and Sundays, 10 a.m.-3 p.m.

–By Sandy Smith

Photo by Alice Park from Wikimedia Commons, used under a Creative Commons license

It’s Official: Philly Housing Market Is Improving

Tuesday, January 10th, 2012

Residential street in Center City PhiladelphiaThere are now 76 markets where the real estate picture is expected to look better in the months to come, according to the latest National Association of Home Builders/First American Improving Markets Index, released Jan. 9. The Philadelphia real estate market is one of those 76.

The addition of 40 metro areas to the monthly list of improving markets suggests that the fitful housing market recovery is spreading beyond the smaller markets that were not as heavily affected by the bursting of the housing bubble in 2008. Last month, there were 41 cities on the list. (Five of those – Anchorage, Alaska; Fort Wayne, Ind.; Canton, Ohio; Scranton, Pa., and Charleston, W. Va. – dropped off the list.)

“While relatively small metropolitan areas continue to dominate the list of improving housing markets, it’s important to note that several major metros in diverse parts of the country have now joined the field as well – including such metros as Dallas, Denver, Honolulu, Indianapolis, Nashville and Philadelphia,”NAHB Chief Economist David Crowe said in a news release. “This is an encouraging sign that gradually strengthening economic conditions are starting to take hold across a broader swath of America.”

The NAHB and title insurer First American base the index on trends in three categories: employment growth from the Bureau of Labor Statistics, house price appreciation from Freddie Mac, and growth in single-family housing construction permits from the U.S. Census Bureau. A metro area that has had six consecutive months of growth from a prior trough in all three areas gets added to the index.

What does this mean for you, the Philadelphia home owner or buyer? If you are in the latter camp, we suggest you accelerate your house-hunting timetable if you can. While home price growth is forecast to be modest for the year ahead, prices are expected to rise, and that means that you are more likely to get the home you want at a great price now than later. If you are a home owner, talk with your Realtor about the ideal time to put your home on the market if you are still weighing your options. Our team of real estate experts can assist you in determining when and how to best take advantage of a rising market.

School Report Card: Russell Byers Charter School

Thursday, January 5th, 2012

Location: 1911 Arch Street, Philadelphia, PA 19103

Enrollment: 418 students in grades preK-6 in 2010-11

Student-teacher ratio: 16.0 in 2010

Demographics: African-American, 81.8%; White, 11.5%; Asian, 2.4%; Latino, 3.8%; all others, 0%. 67% of Russell Byers students come from economically disadvantaged backgrounds.

Metrics:

Attendance rate (2010-11) 91%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 71.0% 58.6% 77.1%
Reading 65.1% 52.0% 73.5%
Science 70.2% 34.8% 60.9%
Writing 84.8% 51.2% 75.0%

Profile: Founded in 2001 to honor the memory of the Philadelphia Daily News columnist who passionately championed both his hometown of Philadelphia and better public education, Russell Byers Charter School is the only school in the state to adopt the Expeditionary Learning Schools model of instruction, which emphasizes learning by doing, teamwork, discovery and accountability. The model sets high expectations for students, teachers and school staff and builds character as students engage in collaborative projects that engage them with not only subject matter but the world around them. Spanish language instruction is an integral part of the curriculum as well.

School Report Card: People for People Charter School

Thursday, January 5th, 2012

Location: 800 N. Broad Street, Philadelphia, PA 19130

Enrollment: 540 students in grades K-8 in 2009-10

Student-teacher ratio: 13.3 in 2010

Demographics: African-American, 96.4%; White, 0.3%; Asian, 0%; Latino, 2.8%; all others, 0%. 85% of People for People students come from economically disadvantaged backgrounds.

Metrics:

Attendance rate (2010-11) 91%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 63.5% 58.6% 77.1%
Reading 54.4% 52.0% 73.5%
Science 23.5% 34.8% 60.9%
Writing 76.0% 51.2% 75.0%

Profile: People for People Charter School is affiliated with the community development corporation of the same name founded by Greater Exodus Baptist Church pastor Rev. Herbert H. Rusk II. The school follows the same core curriculum used in the Philadelphia public schools and prides itself on maintaining small class sizes (20 students on average) and individualized attention. Courses in enterpreneurship, a key component of People for People’s mission, are also an integral part of the school curriculum.

School Report Card: Math, Civics & Sciences Charter School

Thursday, January 5th, 2012

Location: 447 N. Broad Street, Philadelphia, PA 19123

Enrollment: 891 students in grades 1-12 in 2010-11

Student-teacher ratio: 14.2 in 2010

Demographics: African-American, 97.6%; White, 0.4%; Asian, 0.1%; Latino, 1.5%; all others, 0.3%. 76% of Math, Civics & Sciences students come from economically disadvantaged backgrounds.

Metrics:

Attendance rate (2010-11) N/A

Graduation rate (2010-11) 100%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 52.6% 58.6% 77.1%
Reading 53.9% 52.0% 73.5%
Science 53.8% 34.8% 60.9%
Writing 72.9% 51.2% 75.0%

Profile: Math, Civics & Sciences Charter School (MCSCS) is one of only a few charter schools in the city to offer instruction from grades 1 through 12 under one roof. The school’s curriculum is designed to prepare students for either college or vocational training; the overhwelming majority of graduates (97-98%) go on to two- or four-year colleges, with the remainder entering vocational schools. Civic involvement is as important a part of the educational experience at MCSCS as math and science are, as the school has as a major goal producing “good citizens through the promotion of caring, character, and community service.” Among the projects MCSCS students have engaged in over the years are voter registration, feeding the homeless, and supporting Philadelphia police officers.

School Report Card: Independence Charter School

Thursday, January 5th, 2012

Location: 1600 Lombard Street, Philadelphia, PA 19146

Enrollment: 746 students in grades K-8 in 2010-11

Student-teacher ratio: 12.4 in 2010

Demographics: African-American, 54.4%; White, 24.5%; Asian, 3.8%; Latino, 12.9%; all others, 4.4%. 46% of Independence students come from economically disadvantaged backgrounds.

Metrics:

Attendance rate (2010-11) 96%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 78.3% 58.6% 77.1%
Reading 69.3% 52.0% 73.5%
Science 69.5% 34.8% 60.9%
Writing 81.1% 51.2% 75.0%

Profile: Independence Charter School was founded in 2001 by a group of parents and community members committed to raising their children in Philadelphia. The school’s curriculum aims to produce, in the words of the school’s mission, “independent, thoughtful global citizens” by incorporating ideas and cultures of the world and second language acquisition into the curriculum. All Independence students take Spanish classes in one of two programs (enhanced or immersion) each year; starting with the sixth grade, students are introduced to Arabic as well. The school takes advantage of its Center City location near the Avenue of the Arts to incorporate the resources of the city’s many cultural institutions into its curriculum through field trips and classroom work. The school accepts students from all over the city; admission is by a blind lottery conducted each fall.

 

School Report Card: Folk Arts-Cultural Treasures Charter School

Thursday, January 5th, 2012

Location: 1023 Callowhill Street, Philadelphia, PA 19123

Enrollment: 454 students in grades K-8 in 2010-11

Student-teacher ratio: 13.6 in 2010

Demographics: African-American, 20.9%; White, 1.3%; Asian, 70%; Latino, 3.7%; all others, 4%. 87% of Folk Arts-Cultural Treasures students come from economically disadvantaged backgrounds.

Metrics:

Attendance rate (2010-11) 97%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 80.9% 58.6% 77.1%
Reading 71.0% 52.0% 73.5%
Science 64.9% 34.8% 60.9%
Writing 93.2% 51.2% 75.0%

Profile: Located at the north edge of Chinatown, Folk Arts-Cultural Treasures Charter School (FACTS) offers a distinctive curriculum that thoroughly incorporates the cultural and artistic traditions of both its own community and cultures around the world into every aspect of learning. As part of the curriculum, all FACTS students learn Mandarin Chinese in two classes, one for native speakers and another for those new to the language. Artists from the community routinely work with students in FACTS classes to provide a learning experience that reflects the students’ own cultures and backgrounds. FACTS is the only Philadelphia school to use the math curriculum taught in Singapore schools, where students routinely place first in international math tests.

 

School Report Card: Christopher Columbus Charter School

Thursday, January 5th, 2012

Location: 916 Christian Street, Philadelphia, PA 19147 (North Site); 1242 S. 13th Street, Philadelphia, PA 19147 (South Site)

Enrollment: 775 students in grades K-8 in 2010-11

Student-teacher ratio: 15.3 in 2010

Demographics: African-American, 33.5%; White, 51.4%; Asian, 8.1%; Latino, 6.7%; all others, 0.3%. 66% of Christopher Columbus students came from economically disadvantaged backgrounds in the 2009-10 school year.

Metrics:

Attendance rate (2010-11) 96%.

PSSA performance (2011, percentage of students scoring proficient or advanced):

Subject This School District Public Schools State
Math 64.5% 58.6% 77.1%
Reading 70.8% 52.0% 73.5%
Science 65.3% 34.8% 60.9%
Writing 82.8% 51.2% 75.0%

 

Profile: While the Italian-American heritage of the Christopher Columbus Charter School (CCCS) and its neighborhood is reflected in its name, the school itself reflects the increasingly diverse community that surrounds its two buildings near the Italian Market and Passyunk Square. The school’s curriculum is based on Core Knowledge principles, with a strong emphasis on language arts: students are expected to learn at least one foreign language in addition to English. Use of the latest technology is also a core component of the school’s educational program. The school’s staff and faculty have also committed themselves to providing a “safe, orderly, disciplined and caring environment” in which learning can take place. As a Title I school, CCCS offers enhanced academic support to students who are educationally at risk of failing to meet state standards for performance.

 

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