Sold for $1, resold for riches: How Philly gave away $54 million in properties
Of the 2,314 properties the city has sold for $1 since 2000, according to an Inquirer analysis, about 800 have been since resold for $54 million.
A rocking horse at the playground on 4055-57 Powelton Ave. The lot, one of four purchased by the nonprofit West Powelton Concerned Community Council for $2 total and resold for $670,000, will soon become market-price apartments with three roof decks.Read moreMONICA HERNDON / Staff Photographer
