The City of Philadelphia acquires the former strip club property at 3001 Castor Ave. in Port Richmond for $7.1 million, as indicated by public records. Situated in an industrial area along the Delaware River, between I-95 and the Port of Philadelphia’s Tioga Marine Terminal, the 3.2-acre lot previously housed The Penthouse Club. The sale reflects a significant increase from the $3.1 million paid by the previous owner, Biglib LLC, in February 2020, surpassing the city’s recent property assessment of $6.2 million.

*Article courtesy Philadelphia Business Journal

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