The Real Deal New York

Harlem neighborhood news

  • [caption id="attachment_325343" align="aligncenter" width="570"]From left: From left: 1040 Fifth Avenue and 530 Manhattan Avenue[/caption]

    The Corcoran Group’s Sharon Baum and Deborah Grubman had the priciest single-family listing to hit the Manhattan market this week with a $43 million co-op at 1040 Fifth Avenue on the Upper East Side, while Brian Phillips and Wendy Rosario of Douglas Elliman had the cheapest with a $180,000 co-op at 530 Manhattan Avenue in Central Harlem. Click here to see these listings and more.

  • inez-dickens

    2155 Adam Clayton Powell Jr. Boulevard in Harlem, and Inez Dickens

    Tenants at Harlem buildings co-owned by City Council member Inez Dickens have begun a rent strike over the lack of heat or hot water in the properties.

    Residents at a five-story walk-up building at 2155 Adam Clayton Powell Jr. Boulevard claimed they have had to go days in the cold. Resident Syran Brantley, for example, has refused to pay her rent of $880 per month for a two-bedroom apartment there. Dickens and her sister jointly own the building, which houses her campaign office and the Martin Luther King Jr. Democratic Club on the ground floor. [more]

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    Melissa Mark-Viverito

    East Harlem City Council member Melissa Mark-Viverito’s handling of a 2007 rezoning bid is, for her constituents, representative of both the likely council speaker’s persistence and tendency to polarize.

    The debate, which centered on nonprofit Jewish Home Lifecare’s bid to demolish its 106th Street buildings and replace them with two new structures, was an amalgamation of real estate issues a council speaker confronts regularly, including land use proposals, community anger and campaign contributions that come along following a government action. Directly following a two-year wrangle over new Upper West Side building height restrictions, residents were surprised to find Mark-Viverito strongly supporting the Jewish Home project. [more]

  • One Morningside Park at West 110th Street and Shlomi Reuveni

    One Morningside Park at West 110th Street and Shlomi Reuveni

    Developers are looking to lure buyers further Uptown with a powerful carrot: Central Park views. And these come at a fraction of the cost of tony developments such as One57.

    At One Morningside Park for example, a 2,160-square-foot space that was combined from three apartments sold for $2.74 million. The 22-story building offers views of both Morningside and Central Parks, as well as the Cathedral Church of St. John the Divine. Compare that to Gary Barnett’s One57, where the smallest three-bedroom available as of November was asking $18.75 million. [more]

  • east-harlem

    Lenny Sporn, and 125th Street between Madison and Park

    In a bid to jumpstart activity in a long-neglected section of East Harlem, the Joel Schreiber-led Waterbridge Capital has plans to build a 210,000-square-foot tower with retail and apartments.

    The developer entered contract to buy five neighboring sites near the intersection of East 125th Street and Park Avenue for $37 million. The project would involve tearing down a hotel and low-rise retail sites currently there. [more]

  • A rendering of the East Harlem Media, Entertainment & Cultural Center

    A rendering of the East Harlem Media, Entertainment & Cultural Center

    The Proton Center, a research facility that develops proton therapies for cancer patients, is in talks to take about 120,000 square feet in a planned 1.7 million-square-foot complex in East Harlem. [more]

  • 5 cheapest Manhattan sales of the week

    December 16, 2013 03:00PM
    464 West 152nd Street and Malik Mitchell

    464 West 152nd Street and Malik Mitchell

    An 800-square-foot Hamilton Heights co-op was the Manhattan residential market’s cheapest single-family sale of the week. The home is located at 464 West 152 Street and sold at its asking price of $232,000. Listed with Douglas Elliman’s Malik Mitchell, the apartment has two bedrooms, a formal dining room and a washer-dryer. [more]

  • From left: Bjarke Ingels and West57

    From left: Bjarke Ingels and West57

    Blumenfeld Development Group, the firm behind the East River Plaza shopping mall in East Harlem, has tapped Bjarke Ingels’ Copenhagen-based BIG to design a new 200,000-square-foot apartment complex, also in Harlem.

    The building would rise on the parking lot next door to the 120,000-square-foot Gotham Plaza at 125th Street, between Lexington and Third avenues, which is currently an office of the Department of Motor Vehicles. [more]

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    Rendering for 426-458 West 126th Street in Harlem

    Janus Property Company has struggled to secure any tenants for its $135 million redevelopment of the former Taystee Bakery in Harlem. [more]

  • [caption id="attachment_314059" align="aligncenter" width="572"]From left: From left: 132 East 65th Street and 8 West 119th Street[/caption]

    Joshua Arcus and Peggy Dahan of the Siderow Organization had the priciest listing to hit the Manhattan market this week with a $14.25 million full-floor penthouse condominium in the Touraine, located at nearby 132 East 65th Street. Click here to see these listings and more.

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    542 West 153rd Street and Chris Benedict

    UPDATED, 6:18 p.m. Dec. 4: Synapse Capital intends to build the first “passive” apartment building in Manhattan, meaning that the property will cover its own energy needs with a mix of solar power and stronger insulation.

    The development arm of the firm purchased the 9,900-square-foot lot at 542 West 153rd Street, between Amsterdam Avenue and Broadway, in Harlem. It sold for $3.6 million, but was listed for $3.5 million, Robert Shapiro of Massey Knakal Realty Services told The Real Deal. [more]

  • 556-558 West 126th Street

    556-558 West 126th Street

    Two multifamily properties near Columbia University’s new 17-acre Manhattanville campus have sold for $15 million, or $384,615 per unit, brokers on the sale told The Real Deal. [more]

  • national-urban-league-museum

    A rendering of the National Urban League complex

    The state Public Authorities Control Board gave unanimous approval to the Empire State Development Corporation’s $225 million National Urban League complex in Harlem yesterday. The project will include a civil rights museum, affordable housing and commercial space.

    Construction at 125th Street, between Adam Clayton Powell Jr. and Malcolm X boulevards, would begin after the expiration of tenants’ leases in 2015. State officials said the businesses currently occupying the site can apply for a low-interest loan for relocation services. But lawsuits might still delay the complex. [more]

  • From left: Macy's at Herald Square and Harlem's 125th Street

    From left: Macy’s at Herald Square and Harlem’s 125th Street

    Macy’s is rumored to be going uptown – to a 400,000-square-foot complex on 125th Street being built by the Empire State Development Corp. The retail giant, though, has not announced plans for a store in Harlem and others contend the location has been tapped as the headquarters of the Urban League. [more]

  • guarino-145-lev

    From left: Richard Guarino, 145 Central Park North (Photo credit: PropertyShark) and Lev Kimyagarov

    Five months after buying a church on the north end of Central Park, the owner has sold the property to overseas investors for $16.5 million, which yielded what is believed to be a per-square-foot record for the area and a $4.1 million profit over the purchase price. [more]

  • 125th Street in Harlem

    125th Street in Harlem

    Harlem’s rapid development and emergence as a viable tourist and business destination has led to a spike in the demand for hotels in the area, so much so that the neighborhood is now short about 1,500 hotel rooms, experts said at a hospitality conference Wednesday.

    Even future growth in the hotel industry won’t be able to meet demand, Curtis Archer, president of the Harlem Community Development Corporation, said at the second-annual Harlem Hospitality and Culinary Conference held this week. Though two hotels are in the works – a 210-room property near the old Victoria Theater on 125th Street and a 230-room property near Columbia University’s West Harlem expansion – the lodging industry is still “sorely lagging,” Archer added. [more]

  • From left: Marcus Samuelsson, Maya Haile and 130 West 120th Street

    From left: Marcus Samuelsson, Maya Haile and 30 West 120th Street

    Celebrity chef Marcus Samuelsson has been accused in a lawsuit of cheating a real estate broker out of his commission on the purchase of a $3 million Harlem townhouse. [more]

  • From left: TOWN's Andrew Heiberger, a $30,000 rental at 525 West 22nd Street in Chelsea and a $1,900 pad at 43 Clinton Street on the LES

    From left: Andrew Heiberger, $30,000 rental at 525 West 22nd Street and $1,900 at 43 Clinton Street

    Chelsea is home to some of Manhattan’s most expensive rentals this month, while the Upper East Side and Lower East Side were among the most affordable neighborhoods below 96th Street, according to a new report from TOWN Residential. [more]

  • 80 South Street

    Taconic Investment Partners on Mayor Bloomberg’s pet Seward Park renewal project. Harlem historic district’s first tour along Strivers’ Row. Gluten-free By the Way Bakery to set up Manhattan outpost. Read these stories and more after the jump.

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    From left: Eli Tabak, 69-75 East 125th Street (Photo credit: PropertyShark) and Gary Barnett

    The Bluestone Group purchased the debt on three mid-block Harlem buildings that make up most of a site with about 64,000 square feet of development rights, half a block from Bruce Eichner’s planned 320-foot residential towers. [more]