The Philadelphia City Council has authorized the Commissioner of Public Property to transfer fee simple title of 116 N. 58th Street to the Philadelphia Redevelopment Authority. The property will then be transferred to the Philadelphia Land Bank for future redevelopment, in accordance with Section 16-405 of The Philadelphia Code.
This transfer allows for the efficient use of surplus city property, contributing to neighborhood revitalization efforts in the 4th Councilmanic District, supporting redevelopment initiatives.