The Real Deal New York

Posts Tagged ‘harlem’

  • Clockwise from left: 125th Street in Harlem, Jeff Sutton, Ian Bruce Eichner

    Clockwise from left: 125th Street in Harlem, Jeff Sutton, Ian Bruce Eichner

    Developers and retailers are zeroing in on Harlem’s 125th Street. [more]

    3 Comments
  • 247-hancock

    247 Hancock Street in Bed-Stuy, and Jonathan Miller

    New York City construction loans are on the rise as neighborhoods such as Harlem and Bedford-Stuyvesant undergo a major makeover.

    The number of loans increased 24 percent to 233 during the first half of this year compared to the same period in 2012. The U.S. arm of TD Bank, for example, saw construction loan volume in the New York area grow by 15 percent through mid-November compared with all of last year, Bloomberg News reported. [more]

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  • From left: Steven Vegh, 519 West 43rd Street and Azi Mandel

    From left: Steven Vegh, 519 West 43rd Street and Azi Mandel

    Treetop Development purchased a three-building package from Heritage Real Estate Partners for $27.5 million, The Real Deal has learned. The deal, coupled with one in September, means that Heritage has made a $15 million profit on a portfolio it bought just a year ago. [more]

    2 Comments
  • Rendering of "The Renny" at West 138th and Adam Clayton Powell Jr. Boulevard

    Rendering of “The Renny” at West 138th and Adam Clayton Powell Jr. Boulevard

    The demolition of the Renaissance Casino and Ballroom — along with construction of a new building on the site — could spur projects in a Harlem neighborhood where the pace of development has lagged that in nearby areas. [more]

    2 Comments
  • A rendering of the new Sugar Hill development

    A rendering of the new Sugar Hill development at West 155th Street and St. Nicholas Boulevard, Harlem

    The odds do not seem to be in the favor of those seeking affordable apartments in New York City. [more]

    2 Comments
  • From left: the Victoria Theater and rendering of the upcoming hotel at the site

    From left: the Victoria Theater and rendering of the upcoming hotel at the site

    The Victoria Theater in Harlem will be transformed into a mixed-use complex that will include a Renaissance Hotel by Marriott, 200 apartments as well as retail and cultural space. [more]

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  • From left: 2036 Fifth Avenue and Neil Patrick Harris with husband David Burtka and their kids

    From left: 2036 Fifth Avenue and Neil Patrick Harris with husband David Burtka and their kids

    Broadway and television star Neil Patrick Harris is a nester. In a recent interview with Charlie Rose, he explained why he and his husband chose to buy a home in Harlem. Read more after the jump.

    1 Comment
  • The penthouse at One Morningside Park in Harlem

    The penthouse at One Morningside Park in Harlem

    A unit at One Morningside Park is the priciest apartment above Central Park. [more]

    3 Comments
  • 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]

    Comments
  • 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]

    4 Comments
  • 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]

    Comments
  • 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]

    Comments
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