The park plans to invest $10 million into building rehabilitation if a tenant is secured.

The real estate costs are a burden for the nonprofit, partly because the event business in the space has not come back from the pandemic.

City council members narrowly voted to create the tax, which would be paid by renters who secure vacation homes through Airbnb, Vrbo, and similar sites.

The project will add retail and a diversity of apartment sizes to Northwest Philadelphia's main drag.

The Zillow listing for 1307 S. Sixth Street has been live for nearly a year, but recently gotten widespread attention.