While the migration of New Yorkers to Philadelphia is not new, post COVID-19 we are seeing some interesting shifts in demographics.
The New York Times recently reported on Where New Yorkers Moved to Escape the Coronavirus.
Prior to COVID-19, the largest demand in Philly from Manhattan luxury buyers was for Center City condos and townhomes with easy access to Amtrak’s 30th St Station.
For example, amenity rich condos like The Residences at Ritz-Carlton in mid-town Philly that resonate with a Manhattan luxury lifestyle – but less expensive, quieter and a little more friendly.
Why Philly? In 2018 The New York Times article, Leaving New York to find the American Dream in Philadelphia, highlights a migration of artisans, chefs, immigrants and business owners to Philly from New York. All with a dream in mind.
As an example, learn first hand “Why Philly” from my clients who purchased the first PASSIVE-Certified luxury home at THE STABLES in Northern Liberties.
They were originally looking at traditional offerings in Society Hill, but were fascinated with this more creative, cutting edge option.
Remote luxury homes on the Main Line in areas like Gladwyne and Bryn Mawr are seeing a huge uptick in demand from Manhattan buyers.
While once criteria was “walkability” to train stations and shopping, but post COVID-19 New Yorkers are looking for privacy, acreage, flexible living space as highlighted in my recent article “Top 5 new features to sell your home post COVID-19.”
I had the honor of recently helping my Manhattan clients purchase this luxury Merion Station home during the COVID-19 shut down.
365 Meadow Lane in Merion Station offered the perfect mix of historic architecture and renovated interior living space. Going to Manhattan 2-3 days a week is easy with a short drive to 30th Street Station.
“Susanna is a total gem. We started looking for homes in early 2020. We had not yet found an agent, but struck up a conversation with her at an open house.
My husband and I immediately noticed how real she was: she was truthful and did not try to “sell’ us, either on the home or on her as an agent. As a result, we asked her to represent us.
Throughout the process, she was incredible: she educated us about the different neighborhoods, prepared fact books for each weekend that we looked for homes, and made sure she never wasted our time showing us homes that were not a fit.
At the end of the process, we found the perfect place. I can honestly say, it was all because of her. I cannot express how amazing she is and how rare as an agent: kind, thoughtful, realistic, honest, easy to work with.
I would work with her in a second if we ever needed to again, and so cannot recommend her more highly.”
If you’re looking for a luxury home or weekend retreat on the Main Line, contact me for off-market options. It’s my pleasure to help.