City Centers Expands As Residents Seek Affordable Urban Living

"In a trend that is redefining the very boundaries of America's third-largest residential downtown, Ferguson and Artom-Ginzburg stepped beyond Center City's traditional borders and snapped up a $180,000 house in a less expensive neighborhood near Graduate Hospital, but an area that still rings the city's affluent core... 'It's a model for urban living, there's no question about it. Philadelphia has a pretty neat downtown, and people want to live there. It has a wonderful stock of existing and converted housing, open space, restaurants; it's walkable. It's very urbane.' "