Category Archives: 110th Street

Harlem gas station in demand

20120820-074239.jpg

According to The New York Post this morning (Aug 20), the owners of the Harlem gas station on 110th Street and Frederick Douglass Blvd have been busy fighting off the City of New York from taking over their property.

The article states that Carmie Elmore and a partner took over the gas station in 1981 when Harlem was seedy. Now that Harlem is hot and has been on an upward trajectory for a while, the city apparently owned it at one time and wants its gas station back. Each entity is heading to Manhattan Supreme Court to make its point.

When I first moved to Harlem and was looking at apartments to buy, I remember either my broker or another local telling me this farfetched, ridiculous statement about this corner…get ready for this, which was that it was being eyed by the Donald Trump himself. Did anyone else get fed this line when buying an apartment in South Harlem? I recall someone mentioning that Donald Trump was interested in the Harlem gas station because he wants to own property bookends on the westside of Central Park–one property already exists at Columbus Circle.

Crazy stuff huh? But now that I am reading this article, it makes me wonder what the City is really up to? If Mr. Elmore and his business partner own the gas station and they don’t want to sell it, shouldn’t that be the end of the discussion? Punto! What do you think?

Harlem neighborhoods experience price jump in rental market

20120716-122011.jpg
According to RentJuice®, a Zillow® business and provider of lease marketing technology to thousands of real estate property managers and brokers, the uptown part of Manhattan, specifically Harlem neighborhoods, experienced a price jump in the rental sector of real estate. In a news release distributed today, it stated that “over the last quarter, the city’s average cost for space remained stable at $4.98 per square foot-exactly the same as at the close of the first quarter. The largest hike in price per square foot occurred uptown in Harlem. Neighborhoods such as Central Harlem, Harlem and Morningside all experienced 11 percent jumps in average price per square foot in the second quarter. Renters in Hamilton Heights, however, saw a five percent decrease in average price per square foot.”

To read the full news release, click here.

Is 111 Central Park North getting a Dunkin’ Donuts?

The commercial space at 111 Central Park North, which is at the base of Harlem, is slowly filling up. The next business that is rumored to take up shop there is a Dunkin’ Donuts. There are work permits posted in the corner space, which faces Lenox Avenue and Central Park North, aka 110th Street, but the permits do not mention the coffee-chain company. However, the other businesses already in place in the commercial space at 111 Central Park North will say-if asked-a Dunkin’ Donuts is going there. The workers at this location see whose coming and going. My bet is they are right about whose moving into this space. Of course, nothing is final until the signage goes up. Stay tuned…

20120707-092636.jpg

20120707-092642.jpg