Our colleagues at PhillyMag’s new Property blog say that bidding on the old Daffy’s location at 17th and Walnut is down to two bidders, both apparel companies.
One of the bidders would like to use the entire building, while the other would like to use just the first four floors, including the basement. If the latter should happen, the upper four floors are up for grabs—could be a health club, apartments, whatever the mind can conjure up.
The bidders are currently considering price, of course, but also how they might use the space most effectively. The four-story bidder, for instance, is looking at selling out of the the basement and the first two floors and using the third floor as offices and storage.
Two weeks remain before the bidding process ends.