The Real Deal New York

Carthage Real Estate planning 108-unit resi building in Harlem

Building at 224 West 124th Street would stand 12 stories
By Eddie Small | July 25, 2018 12:00PM

An aerial view of 224 West 124th Street in Harlem (Credit: Google Maps)

UPDATE Wednesday, July 25 at 1:55 p.m.: Harlem’s development boom is continuing with a new 108-unit residential building from developer Carthage Real Estate Advisors.

The Harlem-based real estate firm filed plans with the Department of Buildings on Wednesday for a 12-story building at 224 West 124th Street spanning about 113,000 square feet and standing 112 feet tall. The property currently houses a three-story, 72-unit building.

Fischer & Makooi Architects will design the project, and the company said it will contain a mix of condos and rentals, with both affordable and market-rate units.

Carthage, led by Ed Poteat, declined to comment on the upcoming project.

The company closed on its purchase of the property late last year following a lengthy legal dispute with the seller, Abyssinian Development Corp. Other Carthage projects include the affordable housing development Colon Plaza at 55 East 115th Street and 88 Morningside, a 74-unit co-op building on Morningside Avenue.

Jonathan Rose Companies and L+M Development Partners recently filed plans for part of their massive Sendero Verde project in East Harlem: a 37-story building with 384 residential units that will span about 346,000 square feet.

Correction: An earlier version of this story referred to an employee of Carthage as the developer.