The building was completed in 1920. It has 66,300 sf on four floors, plus afull basement. The complete property includes the adjacent former Savoyrestaurant and empty courtyard in addition to the building, which is vacantand gutted. The side parcels allow room for expansion.
Thomas Jefferson University Hospital has owned the property for more than adecade and planned to erect a nine-story, above-ground parking facility atthe site. The Washington Square West Civic Association vehemently opposedthe plan. Although the building is zoned for commercial/residential, Studley ismarketing the property's potential for residential conversion, orretail/residential, end uses the association applauds.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
