Philadelphia Real Estate Blog

Center City Philadelphia
Condos and Lofts

 

Subscribe To Receive
 Blog Updates By Email

Calendar

December 2018
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930
31  
 
 

March 29, 2018

The Drake Tower at 1512 Spruce St.

Filed under: General Real Estate,Real Estate: Condominiums,State of Marketplace — Center City Philadelphia Real Estate Agent @ 1:29 pm

Built in 1929, the Drake stands as a magnificent addition to the Philadelphia skyline.

Here’s what you don’t know:

  • It IS a condo building. Back in the 1970’s, they converted to condos with a less than enthusiastic welcome.
  • Per public records, only five (5) units are privately held – the other 300 units are owned by one entity and are used as RENTALS.
  • The penthouse units start on the 24th floor.
  • Through most of the 1990’s- all penthouse units were vacant shells.
  • Some penthouses housed gardens and the top penthouse had its own pool.
  • The building is faced with small details of ships, mermaids, and other sea paraphernalia.

My first apartment was in the Drake in the late 1980’s when Duran Duran was on MTV and telephones had cords.

Mark Wade 
www.CenterCityCondos.com
BHHS Fox & Roach Realtors
Mark@CenterCity.com

Tags: , , , ,

• • •

 
 

530 Walnut Street, Suite 480
Philadelphia, PA 19106
Direct: 215.521.1523 ~ Office: 215.627.6005
Fax: 215.627.3142
Email: Mark@CenterCity.com
Copyright Mark Wade | All rights reserved.
Site Admin | Log Out