The Real Deal New York

Posts Tagged ‘harlem’

  • 1831 Madison Ave.

    1831 Madison Ave.

    Residents of a city-subsidized Harlem co-op are pushing back after being hit with a $4.25 million lawsuit by the developer for complaining about inferior construction and repairs. [more]

  • Charles Rangel and 163 West 125th Street

    Charles Rangel and 163 West 125th Street

    New York City Congressman Charles Rangel skipped rental payments on the district office he rents in Harlem’s Adam Clayton Powell Jr. State Office Building for all of 2013, according to records obtained by the New York Post.

    The longtime legislator and national figure paid $7,253 in monthly rent on the office at 163 West 25th Street, which has housed the Congressman’s district office since 2000, according to 2012 expense reports cited by the Post. But the payments halted in 2013, and the state responded by allowing an “abatement” that permitted the postponement of six months of rent, the paper indicated. [more]

  • 4-14 West 125th Street

    4-14 West 125th Street

    An out-of-town retail operator has inked a 99-year triple-net ground lease for the Rosen family’s Bargain World spot on Harlem’s West 125th Street.

    Skyline Properties’ Robert Khodadadian was the broker on the 4-14 West 125th Street deal, and told the New York Observer that the roughly 30,000-square-foot building will be delivered vacant. [more]

  • 423 West 127th Street

    423 West 127th Street

    A new business incubator for startup biotech ventures is yet another sign of the change sweeping Harlem. [more]

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  • 75 East 125th Street

    75 East 125th Street

    Two congregation leaders recently filed suit as alleging they are the rightful owners of a Harlem church that was seized after a pair of developers failed to rebuild it as promised.

    Saadia and Maria Shapiro, a husband-and-wife team for a Brooklyn-based limited liability company called Parade Place, planned to erect a 12-story mixed-use building on four parcels. [more]

  • From left: Aerial view of Boston's infrastructure, the Harlem explosion site on Wednesday and a Washington, D.C. water main

    From left: Boston’s infrastructure, the Harlem explosion site in New York and a Washington, D.C. water main

    An explosion in Harlem that left seven people dead, injured 28 and leveled two buildings on Park Avenue is suspected to have been caused by a gas leak from an underground main, rousing concern about the city’s aging infrastructure. [more]

  • samuelsson

    Marcus Samuelsson and his Harlem brownstone

    Harlem real estate broker Laurent Delly reached a settlement in a lawsuit against Halstead Property and celebrity chef Marcus Samuelsson. The broker had accused Samuelsson of conspiring with a Halstead broker, Kim McKeller, to cheat him out of his 3 percent commission on the purchase of a $2.9 million Harlem townhouse. [more]

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  • 145-cpn

    145 Central Park North

    A Belgium-based development firm plans to convert a one-story church building in Harlem into a 13-story residential property.

    Architect David Howell is set to design the 24-unit structure at 145 Central Park North, between Malcolm X and Adam Clayton Powell Jr. boulevards, according to permits filed last week. The developer paid $16.5 million, or $386 per square foot, for the church in November. Emmut Properties’ sale of the site generated a $4.1 million profit. It came with nearly 42,700 square feet of development rights. [more]

  • From left: 590-593 Riverside Drive, 49 St. Nicholas Terrace and 608 West 139th Street

    WEEKENDEDITION In Upper Manhattan, 19 buildings have been tapped for the city’s Alternative Enforcement Program, which fixes decaying buildings on the taxpayer’s dime, until slumlords can pay up. [more]

  • From left: buildings on 135th Street, Frederick Douglass Boulevard and St. Nicholas Avenue owned by Greater Harlem Housing Development Corp.

    From left: buildings on 135th Street, Frederick Douglass Boulevard and St. Nicholas Avenue owned by the Greater Harlem Housing Development Corp.

    WEEKENDEDITION A financially troubled, and politically connected Harlem affordable housing provider is set to receive a windfall of millions to pay off its debt, but critics say that the money should go to repairs. [more]

  • 2108-powell-blvd

    2108-2118 Adam Clayton Powell Jr. Boulevard in Harlem (Inset: Billie Holiday)

    Times Square-based investment firm Jem Realty Management bought a seven-story office building on Adam C. Powell Jr. Boulevard in central Harlem for $21.5 million from Fort Lee, N.J., developer Mitchell Mekel, according to property records filed with the city today.  [more]

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  • From left: waterfront of Battery Park City and the Lower East Side skyline

    From left: waterfront of Battery Park City and the Lower East Side skyline

    Investment opportunities abound in nine New York City neighborhoods where homes are priced much cheaper than others in the same boroughs.

    The median sales price in Manhattan, for instance, is nearly a million bucks. But homes on the Lower East Side are 42 percent cheaper, according to data from PropertyShark. [more]

  • harlem-eastern

    121 West 120th Street and Ronda Rogovin

    A pair of walk-up rental buildings in Harlem changed hands for $3.3 million as the Upper Manhattan multi-family market heats up.

    The three-story, eight-unit brownstones at 121 West 120th Street and 146 West 120th Street offer a combined 9,270 square feet. The buildings are across the street from each other, between Adam Clayton Powell and Malcolm X boulevards. Eastern Consolidated’s Ronda Rogovin and Chad Sinsheimer represented the seller. [more]

  • mount-morris

    Lenox Ave. between West 123rd and 124th streets

    Mount Morris Park has evolved into one of Harlem’s most booming neighborhoods, with renovated brownstones selling for more than $3 million and an influx of new commercial tenants.

    In 2013, at least six restaurants and cafes either opened and revealed plans to open in the 16-block historic district just west of Marcus Garvey Park. The historic district status, earned in 1971, limits changes to buildings and storefronts. Revised plans are in the works to expand Marcus Garvey Park and therefore remove one traffic lane along Mount Morris Park West. [more]

  • 220-st-nicholas

    Justin Gorjian and 220 Saint Nicholas Avenue in Harlem (Credit: Roy Plamo)

    The condo-turned-rental building at 220 Saint Nicholas Avenue in central Harlem is halfway leased after three weeks, according to developer Justin Gorjian.  [more]

  • 301 West 118th Street, Central Harlem

    301 West 118th Street, Central Harlem

    The owner of a penthouse condo at SoHa118 in Central Harlem is asking $4.3 million, more than any other home on the market in the neighborhood. [more]

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  • 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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  • taystee-bakery

    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]

  • 542-west-153rd

    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]

  • 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]