New YorkMay 5, 2023Extell sells Harlem site to MTA for $82MGary Barnett’s firm snagged 80% premium on land for Second Ave subway
New YorkApr 21, 2023MTA moves on Harlem properties for Second Ave subwayAgency initiated eminent domain proceedings to take control of nine sites
New YorkAug 24, 2022City sues to tear down languishing Harlem buildingFormer owner was arrested over dangerous renovations
New YorkMar 11, 2022Developer plans 129K sf of affordable housing in East HarlemElie Fouerti filed for building on East 110th Street
New YorkJan 25, 2022Smile! BDG nabs $125M refinancing at Harlem multifamilyInvesco bridge loan retires AIG construction debt
New YorkNov 12, 2021Durst accuses MTA of stalling East Harlem developmentLawsuit: East 125th Street sites sat vacant while talks dragged on
New YorkMay 10, 2021Hakimian, Certes land $59M loan for East Harlem multifamily project113-unit project rising at 212 East 125th Street
New YorkFeb 23, 2021Emerald Equity siphoned security deposits at now-bankrupt buildingsIsaac Kassirer’s firm admitted to commingling the deposits, which is prohibited by state law
New YorkMay 20, 2020Peter Fine inks $70M construction loan for Harlem resi projectProject at 1998 Second Avenue will be along the next phase of the Second Avenue subway
New YorkDec 26, 2019Good while it lasted: Tenant paid $1 rent for 5 monthsBut lucky break was undone when landlord Emerald Equity fixed paperwork
New YorkSep 25, 2019Developers see dollar signs in Second Avenue subway extensionMTA says it has the funding to extend the subway line north
New YorkMay 13, 2019Blumenfeld Development Group lands $235M refi for East Harlem retail centerMoney comes from ING Real Estate Finance
New YorkFeb 12, 2019Here’s the latest project headed to rezoned East HarlemInvestor pre-files application for 20-story rental building
New YorkJul 13, 2018City used fair method to evaluate tenant displacement, judge rulesHer ruling will allow work in the East Harlem rezoning and at the Bedford-Union Armory to proceed
New YorkJan 19, 2018Legal Aid Society sues city, claims East Harlem rezoning will price out residentsDe Blasio administration said the suit was without merit
New YorkDec 6, 2017East Harlem landlord admits to endangering tenants with gut renovationOfficials accused him of coercing the family out of his building
New YorkNov 30, 2017City Council approves East Harlem rezoningThis is the third neighborhood rezoning under MIH
New YorkOct 24, 2017Cuomo orders probe into de Blasio’s controversial $1B East Harlem real estate planState must determine whether playground site that would house resi tower is parkland