The Corn Exchange Bank Building, a 125-year-old Harlem landmark at 81 East 125th Street, will soon lose its top two floors after the city’s Department of Buildings found that it was too dangerous to stand as is. The building, which overlooks Metro North Railroad station at Harlem-125th Street, was purchased from the city by Ethel Bates, a community activist who promised to renovate the building and open a non-profit culinary school at the site, in 2003. When her developer backed out of the project, Bates found that she couldn’t finance the repairs and never followed through with her plans. The city repossessed the property in January, but it was too late to salvage the top stories because the masonry is at risk of falling.
the real deal by email
news by neighborhood
New Jersey
Bronx
Long Island
Queens
Other Brooklyn Neighborhoods
Kensington / Windsor Terrace / Ditmas Park
Staten Island
Red Hook / Gowanus
Boerum Hill / Cobble Hill / Carroll Gardens
Park Slope / Prospect Heights
Bed-Stuy / Bushwick
Fort Greene / Clinton Hill
Dumbo / Brooklyn Heights / Downtown
Williamsburg / Greenpoint
Lower Manhattan
East Village / Lower East Side
Tribeca / Soho
West / Greenwich Village
Murray Hill / Gramercy
Chelsea
Far West Side
Midtown
Upper West Side
Central Park
Upper East Side
Harlem
Inwood / Washington Heights
TWEETS
- This week, @DouglasElliman dominates @trdny's "Top Residential Agents" list, scoring three of the top five spots. http://t.co/WuwFfoQI 10:26:54 PM May 25, 2012
- Here's some #NYC residential sales data before you head off to the #Hamptons via @trdny http://t.co/41pt08N4 08:54:27 PM May 25, 2012
- Marcia Gay Harden gets $2.8M for #Harlem townhouse listed by@cathytaub of @StriblingNYC http://t.co/pR718yY4 via @trdny 08:47:36 PM May 25, 2012
- Boymelgreen, Africa Israel settle with @AGSchneiderman over 20 Pine St. construction, but face new $20M suit http://t.co/wYyqrfBP via @trdny 08:16:42 PM May 25, 2012

