Pektor plans 71 homes at silk mill --...

Pektor plans 71 homes at silk mill -- themorningcall.com

There are 116 comments on the The Morning Call story from Oct 18, 2007, titled Pektor plans 71 homes at silk mill -- themorningcall.com. In it, The Morning Call reports that:

A century ago, workers finishing their shift at the Bethlehem Silk Mill often filed out of work and straight into the city's burgeoning downtown.

Join the discussion below, or Read more at The Morning Call.

First Prev
of 6
Next Last
Karl

Bethlehem, PA

#1 Oct 18, 2007
This will make a lot more money then renting to rumply students. It's a good thing someone burned the place to the ground when they did!

“aka MOB”

Since: Mar 07

Bethlehem

#2 Oct 18, 2007
Another great project from Pektor! It's a shame the Silk Mill was damaged in the fire but it sounds as if Pektor is ready to move on.
Joe Allentown

Allentown, PA

#3 Oct 18, 2007
STOP buliding new homes. The Lehigh Valley CAN'T handle any more people, especially the trash that comes in form NY & NJ. The schools, county and city services are overwhelmed. The infrastructure is about to collapse. THe Lehigh Valley was once a great place to live. Now it's a dumping place for NY & NJ's rubish.
BID

Nazareth, PA

#4 Oct 18, 2007
It sounds great, but where are they going to find the young upcoming adults ? No high paying jobs, no college educated youth to spend some money on this. I hope it works tho.

“Too soon old, too late smart..”

Since: Feb 07

Bethlehem, PA

#5 Oct 18, 2007
Michele of Bethlehem wrote:
Another great project from Pektor! It's a shame the Silk Mill was damaged in the fire but it sounds as if Pektor is ready to move on.
I agree.
Lou Pektor is not converting green spaces here, he is preserving as much as possible of historic buildings and/or their architectural feel while increasing the tax base.
This sounds like good housing that may be affordable (while not to me!) to some of our young people, so maybe not all of our best will leave the area, which is a good thing.
Rickster

Newtown Square, PA

#6 Oct 18, 2007
Is he going to make them affordable to normal people?
Getting Gray

Allentown, PA

#7 Oct 18, 2007
Does anyone know or has anyone heard what is going to happen with the property in Allentown behind Union Terrace Park. I am talking about the land that used to be the Eastern Industries cement plant. There was a proposal to build upscale townhouses there but city council has neither accepted or rejected the idea.
Bucks County Resident

Hillsborough, NJ

#8 Oct 18, 2007
BID wrote:
It sounds great, but where are they going to find the young upcoming adults ? No high paying jobs, no college educated youth to spend some money on this. I hope it works tho.
Good point. The LV pays squat compared to the Philly area. What jobs can support the 200K price tags these condos will carry? Especially if they are looking to sell to the young professional (22-28 yrs old).
questions

Bethlehem, PA

#9 Oct 18, 2007
What is the fascination with Lou Pektor? It seems to me that there are a lot of projects that are in the works but aren't going anywhere. I see Ashley signs all over town but no building or progress. What's the story? Are all of the Riverport apartments sold? Who's going to live in these places?
Tea

Easton, PA

#11 Oct 18, 2007
I agree, what young professionals who work in the Lehigh Valley are going to be able to afford a home with a price tag of $200k and up? The jobs around this area are not reflective of the salaries that are being paid. Such a shame that everyone coming down from NY and NJ are taking our housing.
KJE

Schnecksville, PA

#12 Oct 18, 2007
I live in this area already and welcome this news. This will rejuvinate this neighborhood and bring much needed youth to it. As a young professional living in this area already,$200,000 is a great price in that area for a starter home.

My main concern is investors purchasing and renting to college students? Is there any way the city can stop this?
lv toilet

Washington, DC

#13 Oct 18, 2007
what a waste. more crap to clog the toilet the lehigh valley has become. Up coming adults...my arse. how about just making it projects with a prison in the middle to better serve the upcoming criminals.
Lynn

Bethlehem, PA

#14 Oct 18, 2007
I would prefer this over low-income housing any day. It will maintain or increase the value of the homes in that area. THey will hopefully solicit the businesses in the downtown as well.

Since: Jul 07

Lehigh Valley, PA

#15 Oct 18, 2007
KJE wrote:
My main concern is investors purchasing and renting to college students? Is there any way the city can stop this?
I believe they can zone it for only 1 related family per unit. While a collage student could rent the loft/townhouse/condominium, they would have to live there by themselves.

There might also be a strong Home Owners Association, that would tightly control any attempt at renting.
Phillies Fan

Northumberland, PA

#16 Oct 18, 2007
KJE wrote:
I live in this area already and welcome this news. This will rejuvinate this neighborhood and bring much needed youth to it. As a young professional living in this area already,$200,000 is a great price in that area for a starter home.
My main concern is investors purchasing and renting to college students? Is there any way the city can stop this?
The alley behind my house butts up against this property. The neighborhood is filled with destructive, drinking college children. Who wants to buy a condo on a VERY crowed lot? Mach Chunk and Goepp Sts. can not handle any more traffic. Try again!
Mike

Macungie, PA

#17 Oct 18, 2007
Actually, the city can't do much to prevent them from being rented to collage students. I believe p to four unrelated people may live in a single unit in Bethlehem provided there is a certain amount of bedrooms and a certain amount of square footage.
Phillies Fan

Northumberland, PA

#18 Oct 18, 2007
RideEmCowboy wrote:
<quoted text>
I believe they can zone it for only 1 related family per unit. While a collage student could rent the loft/townhouse/condominium, they would have to live there by themselves.
There might also be a strong Home Owners Association, that would tightly control any attempt at renting.
There's a house in the neighborhood that butts up against this property and there have been up to 9 unrealated people living there at any given time. To the neighbors it's more like a rooming house. Current zoning states up to 5 unrelated people per home.

“aka MOB”

Since: Mar 07

Bethlehem

#19 Oct 18, 2007
Sarah-Sally wrote:
<quoted text>
I agree.
Lou Pektor is not converting green spaces here, he is preserving as much as possible of historic buildings and/or their architectural feel while increasing the tax base.
This sounds like good housing that may be affordable (while not to me!) to some of our young people, so maybe not all of our best will leave the area, which is a good thing.
Yes, that is what I like about Pektor, he is not out there building up the suburbs. He is using brownfields and historic building instead and really helping the urban areas.

And before all the Pektor bashers jump on me...I do not see things as just black and white. I know there have been some issues with Pektor, and yes he is a developer and he wants to make a buck. But he could be making that buck out in the suburbs with lower costs and less hassle.

I give him a lot of credit for helping the urban areas, but I'm not saying he is a saint. He is definitely a business man.

“aka MOB”

Since: Mar 07

Bethlehem

#20 Oct 18, 2007
questions wrote:
What is the fascination with Lou Pektor? It seems to me that there are a lot of projects that are in the works but aren't going anywhere. I see Ashley signs all over town but no building or progress. What's the story? Are all of the Riverport apartments sold? Who's going to live in these places?
Riverport is not apartments, they are Condos and they are mostly sold. A friend of mine lives there (owns, not renting) and he said it is at least 80% occupied. There is probably another 10+% sold with investors looking for tenants.

“aka MOB”

Since: Mar 07

Bethlehem

#21 Oct 18, 2007
Tea wrote:
I agree, what young professionals who work in the Lehigh Valley are going to be able to afford a home with a price tag of $200k and up? The jobs around this area are not reflective of the salaries that are being paid. Such a shame that everyone coming down from NY and NJ are taking our housing.
There are plenty of young professionals in the Lehigh Valley making enough money to afford a $200K house.

The key term is "Professionals."

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 6
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Walking Discussions

Title Updated Last By Comments
News 2015 Walk & Talk series kicks off on Feb. 23 (Feb '15) Apr '17 fileorgin 2
News Obama's vacation starts with beach run (Jul '10) Apr '16 Lukegilbert 2
Walking for weight loss (Jul '15) Jul '15 Jess33 1
News Bethenny Frankel holding hands with man weeks a... (May '15) May '15 disgusted 1
News Zikto to take on the world at Creative Business... (Nov '14) Nov '14 Markson 1
European Peace Walk (Jun '14) Jun '14 EuropeanPeaceWalk 1
Raising Testosterone? (Mar '14) Mar '14 lostsoul62 1
More from around the web