The Real Deal New York

Posts Tagged ‘harlem’

  • St. Ann & the Holy Trinity in Brooklyn Heights

    St. Ann & the Holy Trinity

    Brooklyn congregations desperate for a financial boost are now tapping into the local real estate market as a sort of saving grace. [more]

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  • Can Harlem’s rise roar on?

    October 17, 2014 10:20AM
    From left:

    From left: Willie Suggs, Sarah Saltzberg, Fabienne Lecole and Jeffrey Schleider

    From the October issue: How much more can Harlem real estate rise? That’s the key question concerning area developers and investors who have been flocking to Harlem since the mid-aughts, during both the last real estate boom and again during the current development craze. [more]

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  • CNN anchor Don Lemon buys Harlem condo

    October 15, 2014 05:20PM
    don-lemon

    Don Lemon and 2280 Frederick Douglass Boulevard in Harlem

    Don Lemon, the CNN anchor notorious for his “black hole swallowed airline” theory, has bought his second condominium at 2280 Frederick Douglas Boulevard, one of the priciest developments in Harlem.  [more]

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  • mirada

    Eric Schneiderman and 161 East 110th Street in Harlem

    The developers of the Mirada condominium in Harlem have been barred from selling condo or co-op units as part of a settlement over fraud charges, according to a spokesperson for the New York Attorney General’s office. [more]

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  • From left:

    From left: 233 West 125th Street and John Lam

    Permits have been filed by the Lam Group for the redevelopment of Harlem’s Victoria Theater .

    Aufgang is designing the proposed 26-story tower. The building will be 300 feet tall, according to New York YIMBY. [more]

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  • Harlem

    Harlem

    Harlem has seen its fair share of ups and downs over the last century. But its real estate fortunes have turned around in recent years, and today Harlem is having another full on renaissance, according to the Financial Times. [more]

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  • From left: Terry Considine, 2302 Seventh Avenue in Harlem and Steven Vegh

    From left: Terry Considine, 2302 Seventh Avenue in Harlem and Steven Vegh

    AIMCO just closed on the sale of a 21-building residential and retail portfolio in Central Harlem for $66.7 million, a source familiar with the off-market transaction told The Real Deal. [more]

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  • Big Harlem ground lease hits the market

    September 10, 2014 06:00PM
    From left: 256-258 West 125th Street and Shimon Shkury

    From left: 256-258 West 125th Street and Shimon Shkury

    The owner of a Harlem building is looking for a partner to develop a mixed-use property on the rapidly changing West 125th Street. [more]

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  • calvin-butts

    Calvin Butts and 2070 Adam Clayton Powell Blvd. in Harlem

    A fire tore through the Ennis Francis Houses, a complex owned by Pastor Calvin Butts’ Abyssinian Development Corporation. Butts’ company has been planning to move tenants out of the property to a new eight-story building in Harlem.

    Dozens of tenants of the dilapidated apartment complex at West 124th Street near Adam Clayton Powell Jr. Boulevard have been waiting to relocate to the other site. Abyssinian resumed work on the project in April after running out of funds. [more]

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  • 525 West 125th Street

    521 West 125th Street

    Plans to bring a dilapidated old school building at 521 West 145th Street in Harlem back to life as an affordable housing project are now in motion. [more]

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  • From left: Seth Weissman and 426 Bainbridge Street, one of his properties in Brooklyn

    From left: Seth Weissman and 426 Bainbridge Street, one of his fund’s properties in Brooklyn

    Brooklyn investor Seth Weissman is targeting a new neighborhood with his venture CityShares, a fund that enables its participants to reap the benefits of increasing apartment demand in gentrifying areas. [more]

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  • From left: 1917 Seventh Avenue, Adam Mermelstein and 120 West 116th Street

    From left: 1917 Seventh Avenue, Adam Mermelstein and 120 West 116th Street

    Treetop Development sold part of their Harlem Portfolio to Flatbush-based E&M Associates for $29 million. [more]

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  • From left: Bed Bath & Beyond and 5-15 West 125th Street construction

    From left: Bed Bath & Beyond and 5-15 West 125th Street construction

    Bed Bath & Beyond is opening a store in Harlem. [more]

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  • sutton

    Jeff Sutton and 100 West 125th Street

    Jeff Sutton’s Wharton Properties received a $95 million construction loan to develop a six-story, 33,000-square-foot Harlem retail building to be anchored by Whole Foods. Natixis Real Estate Capital provided a three-year, interest-only loan that comes with two options to extend it for a 12-month period. The site at 100 West 125th Street, near Lenox Avenue, will hold Whole Foods as well as Olive Garden, TD Bank, Burlington Coat Factory and American Eagle. All leases are for 20 years; the building is 77 percent pre-leased, the New York Observer reported. [more]

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  • taystee

    426-458 West 126th Street

    Janus Property Company and Monadnock Construction unveiled a more detailed look at its $135 million redevelopment of the former Taystee Cake Bakery in Harlem. [more]

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  • harlem

    221 West 138th Street and Norman McHugh

    The $2.9 million sale of a landmarked limestone townhouse set a price record in the Harlem historic district of Striver’s Row, also known as the St. Nicholas Historic District, according to a spokesperson for Halstead Property. [more]

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  • From left: Josh Zegen, 2053 Frederick Douglass Boulevard and 300 West 112th Street

    From left: Josh Zegen, 2053 Frederick Douglass Boulevard and 300 West 112th Street

    Madison Realty Capital has teamed with RWN Real Estate Partners to purchase a pair of buildings along Frederick Douglas Boulevard in Harlem for about $30 million. [more]

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  • Rentals-in-demand

    With 20-somethings scavenging for more affordable rentals in Manhattan, demand for Central Harlem units among prospective renters jumped last week, according to apartment listings website Zumper.

    Central Harlem made it into the top five popular neighborhoods for the first time in nearly two months. The Upper West Side, Upper East Side and East Village topped the list, followed by Central Harlem and Greenwich Village. The median rent inquiry in Manhattan fell to $2,450, largely as a result of the Harlem surge. [more]

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  • 126th-st-depot

    2460 Second Avenue (Inset: Lev Kimyagarov)

    The 126th Street Depot in Harlem, one of the oldest bus depots in the city, will close in January to make way for a slave memorial and possibly an apartment building. [more]

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  • From left: HAP Development's Eran Polack and 2211-2217 Third Avenue

    From left: HAP Development’s Eran Polack and 2211-2217 Third Avenue

    UPDATED, 2:55 p.m., June 16: In yet another residential transaction in Harlem for HAP Investment Management, the firm bought a vacant corner lot on Third Avenue and 121st Street for $13 million. [more]

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