The Philadelphia Inquirer names The Arts Condos the
#1 Selling Condo Project in Philadelphia The Arts Condo Marketed and Sold by The Atacan Group of Keller WilliamsPhiladelphia, PA, June 5, 2007 - The Following excerpt is from June 5th edition of The Philadelphia Inquirer...
"In the first quarter, with 47 units claimed, the Arts Condominium at 13th and Locust Streets was the city's best seller, deed records show. Of its 372 units, 371 have settled, says property manager Mary Galgon." "Two decades of sales downtown suggest that as a long-term investment, condos are remarkably bulletproof." Center City real estate has appreciated an average of 15 percent a year since 1985, greater than the inflation rate," says Center City District executive director Paul Levy. " That's consistent with the trend nationally, says Mark Zandi, chief economist for Moody's Economy.com. "Downtown condo markets across the country have held up better than I would have expected," he says, "given . . . demand and despite the glut of space."
In the first quarter of 2008, data from the City Recorder of Deeds Office show, condo sales throughout Philadelphia stayed about even with the same quarter last year, at more than 500 units. "We were able to accomplish this so quickly by selling a great condo at a great price. Our marketing research showed us what the consumer was looking for and that is what we supplied. Crescent Heights was an absolute pleasure to work with through the project." says Atacan Group Founder and Keller Williams Broker/Owner Antonio Atacan. "Additionally, I was also awarded the 2007 Mid-Atlantic Condominium Conversion Volume Leader in conjunction with this project.
To learn more about Keller Williams Realty, call Cristian David at 215.627.3500. Best-Selling Condo Projects SOURCE: Phila Recorder of Deeds, First Quarter 2008
| Project | Sales | Price Range |
| Arts Condominium | 47 | $93,000-$250,000 |
| Parc Rittenhouse | 36 | $260,000-$875,000 |
| The Aria | 33 | $330,000-$1,167,500 |
| The Pearl | 17 | $244,800-$502,950 |
| Western Union | 14 | $359,900-$1,374,720 |
| Naval Square | 12 | $368,950-$740,000 |
| 22 Front Street | 12 | $225,922-$1,163,000 |
| Lucky Garden | 12 | $179,000-$385,000 |
| Marine Club | 10 | $150,000-$280,000 |
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