West Harlem, Garment District are the next residential hot spots, brokers say

New York /
Apr.April 12, 2010 04:23 PM
From left: Faith Hope Consolo of Prudential Douglas Elliman, Noah Rosenblatt of UrbanDigs.com, Pamela Liebman of the Corcoran Group

As part of its 2010 “Neighborhoods Issue,” New York Magazine asked 10 real estate experts about their picks for the New York City nabes that will offer buyers the most bang for their buck by 2014. Pam Liebman, president and CEO of the Corcoran Group said West Harlem, while Streeteasy.com’s Sofia Song chose Morningside Heights. Melissa Cohn, president of Manhattan Mortgage, said that while southern Yorkville “hasn’t been popular in years,” it’s likely to appreciate in price over the next five years with the advent of the Second Avenue subway line. Retail veteran Faith Hope Consolo of Prudential Douglas Elliman picked the Garment District, where storefront leases are being snapped up west of Penn Station and there are plenty of new condominiums to house their customers. Noah Rosenblatt of UrbanDigs.com chose the Financial District and Jed Walentas of Two Trees Management chose the Far West Side, in the 50s. Other experts had their eyes on the outer boroughs’ Flushing, Bushwick and Prospect Heights neighborhoods. [NY Mag]


Related Articles

arrow_forward_ios
Pam Liebman (Illustration by Paul Kisselev)
Pam Liebman’s lifeguarding days
Pam Liebman’s lifeguarding days
John Giannone and Jac Credaroli (Credit: iStock)
Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)
Douglas Elliman is coming to Texas
Douglas Elliman is coming to Texas
Tenants are singing longer leases to lock in low rent. (Getty)
Tenants locking in longer leases as apartment rents rise
Tenants locking in longer leases as apartment rents rise
Federal Reserve Chair Jerome Powell (Getty)
Traders eye Fed pullback on mortgage bonds
Traders eye Fed pullback on mortgage bonds
1133 Sixth Avenue, 114 West 47th Street, 537 Greenwich Street and 55 Broadway (Tdorante10/Wikimedia, Durst Organization, Easter Consolidated Google Maps)
These were the largest Manhattan real estate loans in May
These were the largest Manhattan real estate loans in May
WATCH: Here’s what Two Trees has planned for its Williamsburg “River Ring” site
WATCH: Here’s what Two Trees has planned for its Williamsburg “River Ring” site
WATCH: Here’s what Two Trees has planned for its Williamsburg “River Ring” site
Two Trees CEO Jed Walentas and renderings of the controversial project. (Getty, James Corner Field Operations / Bjarke Ingels Group)
Two Trees says it will sell Williamsburg site if rezoning isn’t approved
Two Trees says it will sell Williamsburg site if rezoning isn’t approved
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...