Tag Archives: Hermann Loew

Builders to donate proceeds of sale to nonprofits in West Chester

A new home is scheduled to be built in an empty lot on the corner of Potter and Harmony alleys in West Chester. But unlike other such homes, all proceeds raised from this sale will be donated to charity. In the spirit of giving, local developers Eli Kahn, Jack Loew and Gary Toll have organized the project as a way to give back to the community that has given to them. “The borough has been a great place for us, so we wanted to give back to local charities,” Kahn said.

Town center of West Chester, a borough in Penn...

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Charities benefiting from the sale of the home will be Safe Harbor on Matlack Street and the Friends Association for Care and Protection of Children on Gay Street. “It’s very difficult to get this type of support anymore,” said Glenn Fricke, executive director of Safe Harbor. “It’s tremendous, truly a gift from the heavens.” According to Fricke, executive director of Safe Harbor, the organization served more than 50,000 meals to people in need last year.

Kahn said they are calling the project “Harmony House, a community partnership to benefit the homeless” and expect to raise more than $400,000 with the sale of the home.The carriage house will have three bedrooms and 2½ bathrooms. “We wanted to do something big,” Kahn said. Though Kahn and his partners will be donating the money generated from the sale of the home, Kahn said many contractors have also offered their services at no cost for the project. According to Kahn, the foundation will be laid within the next few weeks and builders anticipate finishing the project by late spring 2012. For more information you can check out the full article originally posted by Dailylocal.com here.

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Idea Exchange to Discuss the Future Mosteller Corner Redevelopment

D-Town Associates, LP, a Pennsylvania limited partnership of Eli Kahn and Jack Loew, have recently purchased the “Mosteller” buildings at Gay and Church Streets from the County of Chester.

Prior to commencing any development plans for the property, the West Chester Business Improvement District is sponsoring an Idea Exchange to discuss the Mosteller corner redevelopment facilitated by the new owners. The public is invited to participate. For more information, contact Malcolm Johnstone at 610-738-3350.

Monday, December 5, 2011, at 6pm

West Chester Municipal Building in the Borough Council Chambers
401 East Gay Street


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Downtown Property For Sale

Old Chester County Courthouse. The new Chester...

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About a dozen residents of West Chester made it clear to the Chester County commissioners at a meeting Wednesday that they take very seriously the upcoming decision the county will make on the sale of vacant courthouse properties in the downtown area.

And although the comments at times became a referendum on which of the two bidders for the three properties would best serve the town’s interests, it was clear that those who spoke wanted a sale that would not damage the borough’s historic charm and character. The commissioners held the meeting to get input from West Chester residents on the fate of the buildings they have put up for sale in the heart of the borough’s downtown area. They include the North Wing of the courthouse on North High Street; two storefronts along West Gay Street; and the so-called Mosteller Annex of the courthouse at West Gay and North Church streets.

Two bidders have emerged for the properties, both offering more than $4 million for the buildings. Exton developers Eli Kahn and Jack Loew, doing business as 2 North High Associates, have bid $4.5 million; Stan Zukin, along with partners in Penguin Associates, bid $4.8 million. For the most part, the speakers urged the commissioners to look towards selling the property to those who would promise to preserve the properties rather than redevelop them. The fate of the land is still unknown but hopefully the land will be properly maintained. For more information check out the full article at Dailylocal.com!

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