Category Archives: commercial real estate

WATCH: Neil Patrick Harris explains to Charlie Rose why he lives in Harlem

Actor Neil Patrick Harris moved to Harlem permanently with his family into a nice million dollar brownstone. He was recently interviewed by Charlie Rose and was asked “why live in Harlem?” Watch Harris explain.

Love a big gulp? 7-Eleven opening its first location soon in Central Harlem

We learned yesterday via a news release that 7-Eleven is coming to Harlem. New Street Realty Advisors, LLC recently announced that 7‐Eleven has leased approximately 2,300 sq. ft. of ground floor retail space at 256 West 116th Street. The commercial space is situated on the south side of West 116th Street between Frederick Douglass Boulevard and St. Nicholas Avenue.

7-Eleven will take immediate occupancy of the lower and first level space and anticipates an opening in early 2015. This means Africa Kine Restaurant is either moving to another location or closing. This blog reported earlier that Kennedy’s Fried Chicken was moving to the corner where a bodega use to be on 116th Street and FDB.

The picture below shows the exact location of where 7-Eleven will be located.

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View rendering of new Harlem condo going up on 110th and Central Park North

The gas station that was located on 110th Street and Central Park North in Harlem is completely gone and a rendering of what’s to go in that space is up! Take a look. Market rate apartments will be offered starting in the winter 2017. Stay tuned.

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Trendy shoe retailer takes long time empty commercial space in Harlem

The commercial space on 115th Street and Adam Clayton Powell Jr Blvd in Harlem will no longer be empty. It has a tenant, according to Commercial Observer.

Moe’s Sneaker Spot, a trendy shoe retailer, will open its second location this fall at 1890 Adam Clayton Powell Jr. Boulevard, which is a newly converted condo building called The Strathmore

The shoe chain inked a 10 year, 1,800-square-foot lease in the ground floor space of the condo building where condos cost more than a million dollars and asking rents for the formerly vacant retail space costs over $50 per square foot.

To read full article, click here!

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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.
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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.

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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!

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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.

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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.

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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.”
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