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Rittenhouse Square was a hub (and to some degree remains so) for private clubs. What we now know as the Parc Rittenhouse condominiums was built as the Penn Athletic Club — the club had been in a mansion just a half block away but apparently needed much larger space in the Roaring ’20s. Designed by architects Zantzinger, Borie & Medary and completed in 1925, the building eventually was converted to a rental apartment building. Known more recently as the Rittenhouse Regency apartments, it went through another change in 2007, when it was transformed into 258 condominiums.
Parc Rittenhouse units range from studios to mega-penthouses, so a wide variety of price points are available in the building. Along with upgrading the kitchens and bathrooms, the developer in 2007 added and enhanced common areas for residents to enjoy. A beautiful lobby, outdoor pool, huge multi-level terrace, fitness center, media room and conference room are just some of the extras for residents. Parking spaces, when available, can be bought for $75,000 to $80,000 plus a nominal monthly add-on to condo fees.
A few of the high-floor, upper-end units at Parc Rittenhouse are tricked out with party-sized terraces complete with fire pits, hot tubs — pretty much the same amenities one might enjoy in a suburban backyard. And for the person seeking truly custom “estate homes” in the city, there is raw space for approximately 22 units on the second and third floors of the building that is available to create custom residences. Square footage can range from 1,500 to 6,000 depending on the plan, and owners of these special condos will have their own lobby and elevators while still having access to the pool, fitness center and other amenities that “the masses” in the rest of the building use. Contact our Philadelphia office for assistance with these new-construction units or resales and rentals at Parc Rittenhouse.