Category Archives: commercial real estate

Harlem Mural Contest, art to cover fence at 110th Street and Frederick Douglass Blvd

There is an art mural contest happening in Harlem! The deadline is April 11. Here’s the details: Harlem art students, community members, school children involved in the arts should send their art work to publicmural@gmail.com. The various art pieces that come in will be used to create a huge mural to be printed on large-scale printed vinyls to go on the construction fence across on the corner of FDB and 110th Street. That’s where a new Harlem condo building is going up where the old gas station used to be.

See flyer below for more details.
20140401-092517.jpg

East Harlem’s East River Plaza completely leased out, Planet Fitness and Mt. Sinai rent space

Blumenfeld Development Group, the owners of East River Plaza in East Harlem, today announced via a news release that the retail complex at 116th Street and FDR Drive is now 100 percent leased following the signing of a long-term agreement for 14,500 square feet of space by Planet Fitness and the inking of a 15-year lease by Mt. Sinai Hospital for a community oriented dialysis center, also for 14,500 square feet of space.

They join other tenants within the five-story, half a million square foot complex that includes Target, Costco, PetSmart, Aldi, GameStop, Burlington Coat Factory, Old Navy, Bob’s Discount Furniture and Marshalls, among others.

20140304-121649.jpg

2040 Frederick Douglass Blvd in Harlem to become apartment complex, gas station employees let go before the holidays

We now have confirmation on what will happen with the Harlem gas station at 2040 FDB. It will become an apartment building. We’ve pretty much known all along what was going to happened to the gas station. Details leaked out last August. Read the latest details here.

What we’ve also learned recently is that more than 20 gas station employees were let go right before the holidays. I guess the developer couldn’t wait until January. Grinch!

20131219-114236.jpg

Want a Harlem t-shirt? Keep Harlem, Harlem tees now available

On this Harlem blog, I use tees to feature the subject matter, ie Harlem. Sometimes readers ask, where can I buy a unique tee with the name Harlem on it? Here’s an option. One of my favorite Harlem sites, Harlem NYC, is now offering Harlem tees to purchase. The t-shirt says “Keep Harlem, Harlem.” Pretty cool…huh? If you’re interested in purchasing this Harlem tee, go here! And to check out Harlem NYC like I do, click here.

20131202-082009.jpg

One Morningside Park in Harlem taking shape

Harlem real estate continues to amaze me. Development continues even though the entire world feels like a quagmire, with the exception of Manhattan real estate. Look at this building in Harlem on the corner of 110th Street and Manhattan Avenue, which was an abandoned lot! It’s going up so fast and there’s not very many apartments left-unless one has a million dollars. Look at One Morningside Park’s listings! All that’s left to purchase are apartments for $1.2 to $2.2 million. And there’s no guarantee those million dollar apartments have Central Park or Morningside Park views. My guess is those apartments with great park views went first.

With this apartment building going up in this former abandoned lot, can we all agree now that Harlem is one expensive place to buy real estate? Long gone are the days of reasonable apartment deals in Harlem.

20131014-222843.jpg

20131014-222859.jpg

20131014-222911.jpg

Sale of 1800 Park Avenue in Harlem is completed

We have more Harlem real estate news to report. HarlemGal Inc received a news release recently announcing that Vornado Realty Trust has “completed the previously announced sale of a parcel of land known as Harlem Park located at 1800 Park Avenue (at 125th Street) in New York City for $66 million…” The sale was finalized in the last 48 hours.

With the sale of 1800 Park Avenue completed, we can all now assume that the previously reported plans to develop this area will now move forward. According to several online reports, “Bruce Eichner is planning an 80/20 residential project at the Harlem Park site. Eichner has been in the midst of an architectural competition for the planned development at 1800 Park Avenue and 125th Street.”
1800 Park Ave

Harlem building 2070 Frederick Douglass Blvd goes on sale for $9.75 million

Another apartment building in Central Harlem has been renovated and is now on the market for sale. The last building we talked about was on 115th Street and FDB. This week we learn that the seven-story, mixed-use property located on the corner of West 112th Street and Frederick Douglass Blvd (2070 Frederick Douglass Boulevard) is for sale through Eastern Consolidated for $9.75 million.

According to a news release, Eastern Consolidated “is marketing the recently-renovated 15,000-square-foot elevator apartment building in Harlem, which was gut renovated and with new construction of the two top floors in 2007- consists of 16 units, which are mostly two and three bedroom units, as well as two retail stores on the ground floor.”

Interested in more information about acquiring the property? Contact Adelaide Polsinelli at Eastern’s Midtown offices at 212 499-7700.
112th and FDB

Mixed use building going up at 2272 Frederick Douglass Blvd in Harlem

A residential building with street front commercial space is finally being built at 2272 Frederick Douglass Blvd in Harlem. I use the word finally because this area in Harlem, which was once an abandon lot, construction had started a few years ago and then suddenly stopped-probably due to the 2008 financial crisis is my guess. Now its clear from the scaffolding and signage at the corner of 120th Street and FDB, construction work is well underway.

According to signage on the construction site, the building will have 8 floors and consist of 41 units. PropertyShark states 36 of the 41 units will be residential units. No word on whether this building will be condo or rental! So stay tuned.

20130603-080907.jpg

20130603-080914.jpg

Opening Soon The Harlem Garage, a co-working space in Harlem by Tech Cocktail

HarlemGarage1To support entrepreneurship in New York, the City and Mayor Michael Bloomberg are getting behind the startup community.

In 2010, they launched a $22 million seed-stage fund, as well as the annual NYC Next Idea competition. They’re also sponsoring various incubators, from General Assembly to NYU-Poly to the newest space: HarlemGarage.

HarlemGarage, to be run by coworking space operator MicroOffice, is a 6,000-square-foot space at 118th Street in Harlem. Construction will start soon, and by late summer the space should be hosting over 100 people, as well as classes and networking events.

The space is actually a converted car garage, and MicroOffice cofounder David Rotbard hopes to keep the industrial feel, with high ceilings and exposed brick. There will be comfortable chairs for lounging, coworking tables, and no enclosed offices – just semi-private classrooms.

Unlike other coworking spaces in New York, Rotbard imagines that HarlemGarage will mostly attract local residents. He sees it as “place of gathering,” “almost like a community center,” and hopes to bring in art exhibits, live music, and local community events.

That’s consistent with the City’s goals, which include revitalizing the 125th Street corridor.

“Harlem is an area that’s been on the radar for awhile. It’s probably quadrupled in the amount of entrepreneurial residents in the past couple of years,” says Rotbard.

He’s seen restaurants and bars popping up in the area, alongside new condos and old Harlem brownstones. But there isn’t much commercial office space, he says; many residents work out of coffee shops or restaurants. With HarlemGarage, they’ll have a new office-home: just steps away from a Starbucks and nicely situated between Morningside Park, Central Park, and Columbia University.

Desks will cost around $300 per month – with discounts for women- and minority-owned businesses – and you can apply through the MicroOffice website.

http://tech.co/opening-soon-harlemgarage-a-coworking-space-in-nyc-2013-05.

Blink Fitness signage up in Harlem, target opening day June 2013

A friend, reader of HarlemGal Inc., and filmmaker/producer of Changing Face of Harlem, Shawn Batey, sent in a photo over the weekend of signage on the upcoming Blink Fitness, which will be located on 125th Street and Frederick Douglass Blvd. According to Blink Fitness’ website, the Equinox-owned business is aiming to open this coming June. Interested consumers can join the gym at their Harlem location for $1. For more information, go to www.blinkfitness.com/locations.

And a big thanks to Ms. Batey for sending in the photo! Muchas Gracias!

20130513-142334.jpg