The Abington Public Affairs Committee approved a lease agreement for the former Settlement Music School building
After six months of vacancy, the portion of Alverthorpe Manor that formerly housed the Jenkintown/Settlement Music School is one step closer to having a new tenant. The Abington Public Affairs Committee last night OK’d a motion to accept the lease for areas of Alverthorpe Manor by Lubavitch of Abington, a local synagogue. As per the lease, Lubavitch will pay about $19,100 per year, in monthly installments, but the organization will receive an annual credit of $4,000 to offset improvements to the facility. “The gross annual rent … shall be $19,074, payable in monthly installments … provided that, the amount of annual rent for the first 60 months of the lease term shall be reduced by the amount of $4,000 per year in consideration of …
Township looks to move forward on former Settlement site
Update: The Abington Public Affairs Committee deleted this item from the agenda. Abington Township Manager Michael LeFevre said the township is still in talks with the group Lubavitch of Abington regarding a lease. LeFevre said he expects a lease to be brought to the board of commissioners in June or July. -- According to the Abington Public Affairs Committee agenda, the committee will discuss the lease terms for Alverthorpe Manor at its meeting tonight. According to the agenda, the group Lubavitch of Abington agreed on the terms of a lease with the township for the 2,300-square foot building — except for the rental costs. The township reached out to Quinn and Wilson Realtors to have the former Settlement/Jenkintown Music School site …
40.116848
-75.120486
Abington Township
1176 Old York Rd, Abington, PA
/articles/alverthorpe-manor-lease-on-the-agenda-tonight
862848
/locations/6927189
40.092703
-75.117756
515 Meetinghouse Rd, Jenkintown, PA
/articles/alverthorpe-manor-lease-on-the-agenda-tonight
/locations/6927190
Victor B. Krievins
10:51 am on Thursday, May 3, 2012
There appears to be a conflict of interest here as one of our elected commissioners is employed by the Realtor "Quinn and Wilson". more ›