Real Estate Notes
By Sam Spatter
Published: Sunday, Sept. 18, 2011
• The Cafe at the Point in Point State Park opened under sponsorship of PNC Foundation, the Pennsylvania Department of Conservation and Natural Resources, Laurel Foundation and Riverlife Pittsburgh. The $670,000 project is owned by the state and operated by Chahine Boulos, owner of Boulos Concessions. The cafe will be open through October seven days a week, 11 a.m. to 6 p.m. Winter hours are undetermined but will be limited.
• Two programs are being presented this month by the Builders Association of Metropolitan Pittsburgh. On Monday, Mark LaLiberte will highlight High Performance Homes: Do's, Don'ts and Why's, from 2 to 5 p.m. at the Regional Learning Alliance, 850 Cranberry Woods Drive, Cranberry. On Sept. 26 at LeMont Restaurant, 1114 Grandview Ave., Mt. Washington, a general membership meeting will feature Jim Lund, CEO of Andersen Enterprise, who will present an Outlook for New Homes and Renovations. Dinner begins at 6 p.m. and the program starts at 7 p.m.
• Pittsburgh Planning Commission will hold a hearing at 2 p.m.Tuesday for testimony on the Urban Redevelopment Authority's request to certify for redevelopment an area on both sides of Smallman Street between 11th and 24th streets in the Strip District. Certification will allow the city to use alternative forms of financing to assist development. It will not allow use of eminent domain under state law. The commission also will review a request from the city to excavate, grade and fill a site in Riverview Park, North Side, for an athletic field. The request includes placing 50,000 cubic yards of fill. The hearings will be held on the first floor of the John P. Robin Civic Building, 200 Ross St., Downtown.
• North Catholic High School will seek approval Thursday from the city Zoning Board of Adjustment to install an electronic message board at 1400 Troy Hill Road. Markovitz Germinaro & Tabaka Partnership will seek an OK to place a 58-square-foot sign on Crane Avenue. Tri-State Land Inc. will seek approval to use a 5,400-square-foot structure at 608 Foreland St. as a warehouse.
• More than 2,500 are expected to attend AASHE 2011: Creating Sustainable Campuses and Communities conference in Pittsburgh on Oct. 9. Speakers at the Association for the Advancement of Sustainability in Higher Education include Dr. Wangari Maathai, founder of the Greenbelt Movement and Nobel Peace Laureate; Bill McKibben, founder of 350.org, and David Orr of the Oberlin Project. More than 400 sessions are scheduled. The local Green Building Alliance will serve as host.
DEALS OF THE WEEK
A quick look at recent retail, commercial and industrial projects, sales and leases of note in Western Pennsylvania:
PRICE: $1.2 million
Property sold: 501 Beaver St., Sewickley
Seller: BNY Mellon, Pittsburgh
Buyer: GKK Sewickley LP, Sewickley
Details: Two-story, 8-357-square-foot building, half occupied by Citizens Bank
Comment: "The new owner, an investment group, plans to lease the remainder of the building to retail tenants," said Rob Geiger, who with Michael Sell, both from Grant Street Associates, handled the sale.
PRICE: $1.05 million
Property sold: 4 Woodlawn Drive, Aliquippa
Seller: Woodlawn Road LLC, Aliquippa
Buyer: Dream 7 Equities LLC, Irving, Texas
Details: Truck terminal with 12,000 square feet; 1,200 square feet is office space. The property is on four acres.
Comment: "We've been leasing space in the region for 10 years and as our business has grown under Andrews Logistics Inc., we decided to buy," said Brian Jarvis, president, Dream 7 Equities.
Property sold: 148 S. 19th St., South Side
Seller: Enclave at Saint Matthews LP, Pittsburgh
Buyer: P/7 Investments LP, Pittsburgh
Details: Conversion of church rectory, convent and school into nine-unit condominium
Comment: "Following our success at the Classroom condo on the South Side, this was a perfect fit for us, and we have four of the units either sold or under consideration by buyers," said David Piran of Piran Enterprises Inc.
Recent home and condominium sales that brought top prices in Western Pennsylvania.
PRICE: $1.37 million
Seller: Gregory S. Romeo
Buyer: Marc and Jill Olin
Details: Provincial-style house, sculpted plaster ceilings, sweeping staircase, paneled library, log-burning fireplace
Comment: "The buyers liked that the house has retained about 90 percent of its original look, and that the seller was in the process of making some renovations which they now can supervise," said Danielle Gundlach, listing agent with Re/Max Realty Brokers.
Seller: William and Pamela Kredel
Buyer: Laurence and Ilene Topper
Details: Cape Cod with family room, paneled library, large deck, large game room; provides privacy yet close to shopping and amenities
Comment: "The buyers liked that the house reminded them of a previous house they owned, liked the location close to town and the natural beauty of the area," said Lisa Burrows, listing agent with Prudential Preferred Realty.
Property: Upper St. Clair
Seller: Alan and Judith Woodworth
Buyer: Kamal Amin
Details: Colonial, veranda in rear, guest suite, newer roof, game room, wine room
Comments: "The buyer liked the quality of the house and it's location on a cul de sac," said Margie Caplan, listing and selling agent with Keller Williams Realty.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.