The abandoned, halfway finished, glass building on 121st Street and St. Nicholas Ave., aka 220 St. Nicholas Ave., is apparently going rental, not condo. The Real Deal reports that the developers are foreclosing on this odd structure and taking title to the property and turning into a rental.
I walked by this place yesterday afternoon and saw a forklift (if that’s what it’s called?) on site carrying someone to the top of 220 St. Nicholas Ave in Harlem. Maybe it was the young developers checking out their soon to be foreclosed place?
Sep 14, 2010 @ 7:35
Construction around 220 Saint Nicholas Condominiums remains the same. The building has most of its scaffolding down leaving the structure partially visible to the public, which led me to wonder if they are getting ready to market these apartments. They are not! 220 St. Nicholas is hoping to start selling in the Spring of 2011. That’s not too far off if you’re looking for a full floor, 1500 square foot apartment in Manhattan!
220 St. Nicholas is offering full floor apartments with the exception of floors seven and eight, which are two bedrooms, two baths. Whomever buys on those floors has to share a floor and pay around 650 to 700k! Not bad of a price given these floors will have either a balcony or terrace. According to the 220 St. Nicholas website, all apartments will have either a balcony or terrace. I think that is an interesting aspect to this building given there are unblocked views of Harlem in that area…for now. Plus most of the new developments around Harlem do not offer outdoor space with every apartment. It’s one or the other.
So if you’re in the market for a full floor apartment with a terrace or balcony in Manhattan near Harlem’s up and coming corridor, Frederick Douglass Blvd., then this new development might be the place for you!