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tastycakebiker t1_ixkc74g wrote

AC being great again would be awesome. I think we can all get behind that

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bukkakedebeppo t1_ixmlcva wrote

It has so much potential! It would be great for there to be fun stuff to do off of the boardwalk. I like this idea a lot.

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pasnow t1_ixmiwa8 wrote

Would love to see it as Vegas East

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BUrower t1_ixn0hcb wrote

Vegas is over-developed. I actually think AC has too many casinos as well. Should honestly keep Ocean Club, Harrahs, Borgata, Trop and Hard Rock. Bulldoze the rest. Build condos, mixed use development, triplexes and maybe a handful of single family houses in their place.

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pasnow t1_ixq738c wrote

was a figure of speech. Yeah, not verbatim like Vegas, but a weekend getaway spot. More year round tho

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napsdufroid t1_ixkcb7v wrote

May be too far gone at this point

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headykruger t1_ixkdfrg wrote

Not sure why you are down voted - have people been there recently??

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melikeybouncy t1_ixkz356 wrote

yeah I've been to AC recently. But I was also in Fishtown 15 years ago, Fairmount 20 years ago, and Manayunk 30 years ago.

A couple billion in investments can turn around a "too far gone" neighborhood.

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headykruger t1_ixm0pmg wrote

None of those neighborhoods are as bad as ac

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multile t1_ixm0xip wrote

Were you there 15, 20, and 30 years ago?

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respondstostupidity t1_ixmomhz wrote

What's with the revisionist history? Fishtown wasn't bad 15, 20 or 30 years ago. Heroin was less of a thing during ANY of those times, pills didn't even become an issue until the '00s. Eddie Bisch was the first dude that made the news.

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headykruger t1_ixmpt9h wrote

20 years ago the dorkiest dude i knew moved fishtown - it was already gentrifying

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pasnow t1_ixmjpdk wrote

All 3 were already gentrified in the timelines you gave. Fishtown 2007, yeah I almost bought there. Fairmount 2002 was definitely fine, and Manayunk 1992 was yuppie-fying already. None were nearly dangerous. Is AC hopeless, no I don't think so. But it needs A LOT. Mostly, attract WFH employees, improve the schools, and create jobs for the locals. It all sorta ties together, but requires time & investment. Also a little help from mother nature by no major flooding in the next decade or two.

In fairness, as sketchy as the boardwalk can get, I don't think there's been any gunpoint robberies, which I can't say the same for Center City and Philly as a hole, so there's hope!

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filladellfea t1_ixl8yw6 wrote

there was a point in philadelphia where you would be considered fucking insane to willingly spend time in kensington - and now it's arguably the hottest area for development in the city.

anything can happen with enough money.

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Mcjibblies t1_ixlslcs wrote

And if that sounds too far fetched, West Philly is actually considered a really attractive housing market right now.

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jbphilly t1_ixlvuew wrote

West Philly is a huge and diverse place. If you’re talking about University City, that’s nothing new or surprising in the slightest.

Cobbs Creek is certainly starting to gentrify (as people get priced out of east of 52nd) which is newer, but also was predictable enough if prices in Cedar Park continued to get unreasonable. And I don’t know if it’s really all that hot now, notwithstanding some eyebrow-raising sale prices during the height of the boom prior to interest rates going up.

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Mcjibblies t1_ixmfxn5 wrote

$400K at 62nd and Walnut, that’s all I have to say.

Neighborhoods can and will change

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jbphilly t1_ixn3806 wrote

This made me curious and I checked out the Sold option on Zillow. Closest thing I see is a 3 bed/3 bath house at 62nd and Walnut for $245k from earlier this year. That is a pretty bananas price for that far west and does speak to a wild market, but I'm not seeing 400k. That number just started to show up for larger houses in the 52-5300s at the height of low-interest-rate real estate boom.

There are some people with clearly no grasp on what the market will actually support, listing houses like this at 62nd and Ellsworth for laughable prices. But I don't see the real gentrification wave reaching that far any time soon.

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kman1018 t1_ixt865a wrote

How much would you value the house in that listing at?

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jbphilly t1_ixv2nov wrote

I have no idea honestly, but 470k is absolutely insane for that location.

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Mcjibblies t1_ixq6mct wrote

So, I see about 4 or 5 houses over $300K, and one for $470K on south 62nd. I am trying to see how I can see previous home sales prices for the $400K at 62nd and Walnut.

South West for close to $400K is insane

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pasnow t1_ixmjy6n wrote

There's jobs paying $100 grand within a bike ride of theses areas tho. Not the same for AC. Their best shot is making it attractive to WFH Philly & NYers, or cheaper 2nd home & AirBnB properties.

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Robotchickjenn t1_ixlu715 wrote

Because if NYC can go from "Fear City" to what it is now, then we can believe that it's possible for every American city.

For those of you not around in the 70s and early 80s, NYC was like the Southside of Chicago. It was dangerous for everyone, crime didn't need a purpose it was just everywhere. It was despicable. But it's a safer city now. It's not at all like it used to be.

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headykruger t1_ixm0r9h wrote

It took 20 years for nyc to turn around

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napsdufroid t1_ixkeb8h wrote

Either they haven't or don't understand how much AC has downslid in the last 20 years.

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ryzen2024 t1_ixkp200 wrote

I almost downvoted this to match the vibe of the previous comment… but that’s kind of a dick move.

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Little_Noodles t1_ixklzic wrote

But, and hear me out here … what if three rich assholes found a way to take what desperate people are currently doing for money in AC, and monetized it to their benefit without ever actually having to do sex work themselves?

FWIW, I’m all for legalizing and normalizing sex work. Work is work. But I don’t trust any of this crew to head up the effort.

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