MGC in the News

On the Rental Market: Industrial Loft Condo in Rittenhouse Square
Maybe "industrial" is carrying it a bit too far, but this condo for rent in The Hutton wouldn't look out of place in Callowhill.

Up until agent Leigh Calarco of MGC Real Estate Group dropped this condo for rent in a recently reworked Rittenhouse Square building in my email inbox, I would have said that the term “Rittenhouse Square loft apartment” described a thing that didn’t exist.

Behold living proof that such a creature does exist.

Read More At: On the Rental Market: Industrial Loft Condo in Rittenhouse Square

On the Rental Market: Live/Work Loft in Old City

Need a cool home to work out of? Try this high-ceilinged, very flexible apartment. 

Live-work loft apartments are most closely associated with artists and craftspeople, but artists and craftspeople aren’t the only people who work where they live.

Read More At: On the Rental Market: Live/Work Loft in Old City

Bella Vista Loft in Repurposed School Building Lists for $370K

It's a one-bed with a soaking tub

A Bella Vista loft that combines retro and contemporary aesthetics for a unique, 1000-square-foot space, recently listed for $369,900.

The home is a lot of things—funky, colorful, bright, and even a little modern—but ordinary isn’t one of them. It’s a one-bed, one-bath apartment in a former high school and grade school building, which was repurposed into lofts in the mid 1980s.

Read More At: Bella Vista Loft in Repurposed School Building Lists for $370K

A First-Timer's Guide to Buying a Home in Philly
Local experts answer every question you've ever had about buying in the city

Buying a home in a city is, more often than not, out of reach for the vast majority of urban dwellers in the U.S. But it’s different here in Philly. This has long been a buyer’s city—52.6 percent of Philadelphians were homeowners in 2015, according to Pew research.

That’s because compared to most other major cities (i.e. New York, San Francisco, Boston), Philly home prices remain relatively affordable—although that is changing. The housing market is a different beast than it has been in recent years past, making it increasingly difficult for potential homebuyers, especially first-timers, to get in on the game.

Read More At: A First-Timer's Guide to Buying a Home in Philly

The 10 Best Eye-Catching Kitchens in Philly

And all of the homes are for sale

Thanksgiving is just around the corner, with turkey prepping/stuffing/frying and what have you underway in most kitchens around the city. So in the spirit of this upcoming holiday, we set out with the help of Estately to find the most eye-catching kitchens in homes currently for sale in Philly...

Over in Old City, this sunny loft has a sweet industrial-style kitchen to go along with its warehouse vibes. Plus, the large refrigerator means extra space for leftovers. This listing
 includes two similar-style lofts for $1,699,000, but they can be sold separately.

Read More At: The 10 Best Eye-Catching Kitchens in Philly

5 Philly Neighborhoods Everyone Should be Watching
From up and down Broad St to Grays Gerry and beyond

It has been a big, nay, huge year for Philly’s real estate and development scene. Home prices hit an all-time high since the housing bust, 30-plus high-rises are currently under construction or being renovated, walkable new construction is rampant, and the end of 2016 is still months away.

"It’s fascinating," says John Calarco, owner of MGC Real Estate Group. "I’ve been here for 20 years, and it’s amazing how much the city has grown."

Read more at: 5 Philly Neighborhoods Everyone Should be Watching

That House Out There: Creative Class in Old City
Looking to make your own "maker space"? These two loft units, being offered together, offer the flexibility you're looking for in a live/workplace.

What sort of creative-class type are you?

An artist looking for a blank canvas to paint on? A craftsperson who’d like to turn raw space into a one-of-a-kind atelier? Or maybe just a middle manager looking for a place with a fantastic view?

If you’re any one of these, or anyone else with the scratch who has a hankering for elegant living with the industrial touch, these joined-at-the-hip condo units may be just what you’re looking for.

Read more at: That House Our There: Creative Class in Old City

South Square Development in South Kensington to Break Ground This Month
Half of the townhomes are already under contract

South Square, a batch of three-story townhomes planned for South Kensington, is scheduled to break ground this month. Eight of the 19 townhomes are currently undercontract. 

It's been pushed back due to City Hall delays with it being summer and all, but as of right now, it's looking like July," Leigh Calarco of MGC Real Estate Group tells Curbed Philly. 

Read more at: South Square Development in South Kensington to Break Ground This Month

Wee One-On-One: Leigh Calarco
One super-busy supermom shares her favorite stuff.

The mom: 
Leigh Calarco, mom to Skylar who’s two (“going on 14!”), wears a whole lot of hats: The longtime Philadelphian and Fairmount resident has four (four!) jobs at the moment. A former freelance lifestyle writer, she changed gears when she and her husband (a real estate broker and property management guru) bought a real estate brokerage in town. Their company, MGC Real Estate Group, is a joint effort, and Leigh is Vice-President (“boss lady”), Real Estate Agent (“meaning I search for MY next house all day, every day”), Social Media Coordinator (“‘like’ should be my middle name”); and Executive Assistant to her husband (“basically, I’m his b***ch”). It is, she says, “a lot of work, and a lot of fun … though more sleep would be amazing.”

Read more at: Wee One-On-One: Leigh Calarco

How Much for an Industrial Live-Work Loft in Old City?
PriceSpotter is Curbed's asking price guessing game. We provide you with some details and pictures from a listing, and you take a crack at the price in the poll. Tomorrow we reveal the answer. And hey, no cheating!

What/Where: 2-bedroom, 2-bathroom condo in Old City
Square footage: 2,064 square feet
This week's Pricespotter is an idyllic live-work industrial space, with old factory windows spanning three sides. That means two things: Great views and all-day light. There are hardwood floors, exposed ductwork, and great industrial sliding doors that shut off the two bedrooms from the main living area. The future owner also has rights to build a roof deck.Think you can guess the correct asking price (not including HOA fees)? Take a tour, than take our poll!

Read more at: How Much for an Industrial Live-Work Loft in Old City? 

Trenton Stables Developer Announces New Project in Kensington

Having sold their final unit in Fishtown’s Trenton Stables, boutique builders AGA Developers recently announced plans for a 19-unit project in what they are calling South Kensington.

The townhomes project, called South Square, will be on Berks Street adjacent to the Market-Frankford El and promise off-street parking, private vehicle access, rooftop decks and “exceptional curb appeal.”

The project will also include two streetside commercial spaces fronting on Berks.

“From a buyer’s standpoint, South Kensington represents the next great real estate opportunity in Philly,” said AGA’s Sean Killeen.

Time will tell.

MGC Real Estate Group is the listing broker for this project.

Read more at: Trenton Stables Developer Announces New Project in Kensington

South Square Development in the Works for South Kensington
The project will include 17 townhomes and two triplexes

Fishtown development continues to boom, but its next door neighbor South Kensington shows no signs of slowing down either. We just received word from MGC Real Estate Group that another batch of townhomes are set to break ground immediately in the burgeoning neighborhood.

Yesterday AGA Developers (the same folks behind Trenton Stables and Frankford Square in Fishtown) settled a property at 182-188 W. Berks Street in South Kensington that's currently a car lot. The development, dubbed South Square, will include 17 townhomes and two triplexes, which will each have a commercial space.

Each townhome will feature a driveway with two parking spaces, a roof deck, three bedrooms, and 2.5 bathrooms. They'll have 9-foot ceilings, hardwood floors, L-shaped kitchens, finished basements, and balconies off the master bedrooms.

The starting price of the townhomes will be about $450,000.

Leigh Calarco of MGC Real Estate Group says the Harman Deutsch-designed project will be built in four phases, with the first one scheduled to be completed in August.

Read more at: South Square Development in the Works for South Kensington

Open House Roundup! Friday, January 29, 2016 

 2231 Trenton Avenue
Size: 3 beds, 3 baths, 2,900 sq ft
Price: $519,900
Pitch: "Last Townhouse at Trenton Stables. The design of the 'Point' is unique. This corner townhouse triumphs in the amount of light that travels into this house. House has the largest garage in the development."
Open House: Sunday, January 31, 12:30-1:30 p.m.

Read more at: New Fishtown & Francisville Homes You Can Tour This Weekend

Open House: Tour Fishtown's Trenton Stables and Drink Some Beer, Too

We’ve seen a couple of really fun, 
outside-the-box open house events over the past year or so, and there’s another one happening tonight in Fishtown that looks to beat the impending doom caused by Friday’s snowpocalypse, and give you a chance to taste some delicious local beer. That’s right! We said beer.

MCG Real Estate Group is hosting a tour of at Trenton Stables, a 6-home project at 2331 Trenton Avenue (map) built by AGA Developers, this evening from 4:30 p.m. to 6:30 p.m. There’s only one home left, and it’s uniquely situated on the point where Trenton Avenue meets Frankford Avenue (so you’re steps from Pizza Brain).

The home comes decked-out with 3 bedrooms, a fenced-in yard, 2 balconies and a roof deck, a garage (the largest for the 6 homes) and a finished basement.

Better still, the tour is accompanied by a beer tasting with Saint Benjamin Brewing Company, a popular local beer master that operates out of nearby Kensington. You also get a chance to chat with the people who actually built the home, which can't be understated when it comes to buying new construction.

You can take the virtual tour below, but know that it doesn't come with beer from Saint Benjamin Brewing Company.

Open House: January 21: 4:30 p.m. to 6:30 p.m. and January 24: 12:30 p.m. to 1:30 p.m.
Beds: 3
Baths: 2/1
Square Feet: 2,900
Price: $519,900
Additional Info: 10-year Tax Abatement

Read more at: Open House: Tour Fishtown's Trenton Stables and Drink Some Beer, Too

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