City Centers Expands As Residents Seek Affordable Urban Living
In Philadelphia, urban residents flock to the fringes of the urban core in search of affordable housing.
"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.' "
Thanks to Richard Layman
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Published on Sunday, February 1, 2004 in
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