From historic downtown apartment towers to portfolios in neighborhoods adjacent to Center City, sales of Philadelphia multifamily properties are picking up. Both The Drake and The Lofts at 1835 Arch sold in November. And the trades aren't just among the largest assets. Forty-one units in…

A six-building University City apartment portfolio has been purchased for $5 million by a local buyer who plans to renovate units as leases turn over. Story Highlights Loonstyn Properties purchased 41 apartments in University City for $5 million. The portfolio includes six buildings near Drexel…

New York's Cellar Dog just opened in Center City. The 2025 restaurant scene is expected to see branches of Ayat, Medium Rare, Gertie, Pig & Khao, the Newsroom, and others from New York and D.C. Medium Rare, a steak-frites specialist from Washington, D.C., will open…

For more than 30 years, Show & Tel has catered to Philly's salacious club scene with an all-nude show and mega store stocked with X-rated videos and fetish gear. But it looks like the strip club could be nearing the end of its run at…