Mr. Fox reports that on the southeast corner of 12th and Spring Garden, the huge vacant triangular parcel that used to be a lumber yard, and before that a brass works, was recently posted for sheriff's sale. "According to the Sheriff's website, the property is on the list for the March 17th Tax Collection Sale. This makes sense, because the property owners currently owe almost $95K in property taxes. Looking at the reporting from the Revenue Department though, it seems the owners may be paying down their debt which would either postpone or cancel the sheriff's sale. Hopefully, the sheriff's sale possibility will result in the current owners redeveloping the parcel, their willing sale of the parcel, or a new owner coming in that has a little more urgency to redevelop." [Naked Philly]
Filed under: