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Terrace blog

Downsizing — Three Reasons to Choose a Luxury Condominium Instead of a House

Whether you’ve finally emptied the nest and don’t need the space or want to trade your commute for a more convenient urban lifestyle, a luxury condominium at The Laurel Rittenhouse Square is a better option than purchasing a house in the city. Owning a condominium home allows you to downsize your home while upgrading your lifestyle. No house in Philadelphia can provide the breathtaking city views that make up the backdrop of your expansive home thanks to floor-to-ceiling windows — or offer the same level privacy and exclusivity.

Here are three more reasons you’ll love living in this iconic tower more than a house:

1. Enviable Location

It can be difficult to find a house in a good neighborhood in the city that affords you close proximity to shopping and dining. The Laurel is located in Rittenhouse Square, Philadelphia’s most prestigious neighborhood. You’ll live within walking distance to a host of boutiques, restaurants and other places of interest such as art galleries and entertainment venues — not to mention the city’s most popular outdoor events will take place in The Square, just across the street from your new home.

2. Exclusive Services

When you own a single-family home, you spend a good deal of time managing the upkeep. From housekeeping and gardening to structural repairs, owning a house requires a lot of coordination to source vendors and services. When you own a residence at The Laurel, on the other hand, you’ll experience a more convenient lifestyle. You’ll have access to a concierge who can arrange anything from housekeeping, pet grooming, personal training, town car chauffeur and a host of other services to help you maximize your free time.

3. Private Amenities

Let go of your gym memberships and the time and energy it takes to maintain a pool. As a resident of The Laurel, you’ll simply be able to take an elevator ride to our indoor heated pool and swim or relax with an incredible view of the city. Enjoy a wealth of other exclusive amenities such as the lounge featuring a club bar and catering kitchen overlooking Rittenhouse Square, a stylish meeting room, and a state-of-the-art fitness center with yoga and Peloton© studio — all of which serve as luxurious extensions of your home.

4. Peace of Mind

For those who own multiple properties, have demanding jobs or travel extensively, condominium living allows you to “lock it and leave it.” Whether you’re traveling for the weekend or an extended trip, you’ll never worry about maintenance or having to prepare your home for an extended vacay.

As the last residential opportunity on Rittenhouse Square, The Laurel offers an array of carefully curated services designed to facilitate a luxurious Center City lifestyle. Experience a renaissance of refined living in Philadelphia’s most sough-after neighborhood. Grand condominium homes from the $2 millions available. Visit the Sales Gallery at 1845 Walnut St. Suite 1911, Philadelphia, PA 19103, or call 215-977-9777 for more information.

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outhern Land Company (SLC), the real estate developer behind The Laurel Rittenhouse Square, today announced that more than 50% of the condominiums at The Laurel have been sold, including one full-floor penthouse, marking a significant milestone in the development of the 48-story tower