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Arthaus sales have been weak for a multitude of reasons, but this recent shift may be a sign that Center City is ready for its next high-rise condo. (Paging Pearl and Southern Land Co.)

'We're on fire right now': With Arthaus on a hot streak, Dranoff lists penthouse at $7.25M
https://www.bizjournals.com/philadelphia/news/2026/02/14/arthaus-penthouse-sale-avenue-arts.html

Following a flurry of condo sales at Arthaus to kick off 2026, developer Carl Dranoff has decided to actively market the first of its three penthouses.

The 4,378-square-foot unit, spanning the full 42nd floor of the building at Broad and Spruce streets, is listed for sale at $7.25 million.

The developer said he's encouraged by the momentum Arthaus has seen this year. Deals were struck for six units totaling over $15 million in the first six weeks of 2026, he said, leaving the building more than 50% sold.