As residential prices continue to rise in New York and New Jersey, neighboring northeast Pennsylvania is beginning to look more and more attractive to metropolitan residents. Today, residents are moving to the area to take advantage of affordable home prices, a lower cost of living and all that the great…
The 12-story SNB Plaza Building at the corner of Lackawanna Avenue and North Washington Avenue in downtown Scranton was sold to Scranton Tower Associates. They were represented in the transaction by John T. Cognetti, SIOR, CCIM of Hinerfeld Commercial Real Estate. The historic building clad in white terra cotta tile…
It has been stated that one person’s gain is another person’s pain. This appears to be the situation with the housing market in NEPA, particularly in regard to shelter for the poor. Mike Hanley, executive director of the United Neighborhood Centers (UNC) of Lackawanna County, explains that Money magazine is…
