Category Archives: real estate

The Money Series examines how East Harlem spends their money

In our Money Series,  it has covered spending habits for the Harlem areas of 10027 and 10030. The Money Series continues with the focus on East Harlem. The zip code used to come with the data for this segment of Harlem is 10029.

The top three household spending areas for the 10029 area of Harlem resulted in shopping ranking first, health & family is second, followed by house & home. If you compare spending for 10029 with 10027 and 10030, 10029 ranks identical to 10027 in the areas of health & family and house & home. Each of these spending categories ranked second and third out of the top three spending categories versus 10030, these categories ranked first and second. The interesting fact out of all three zip codes was that 10027 was the only part of Harlem that had food and drinks in the top three spending categories. Food & drink did not even rank in the top three for 10029 and 10030.

On a 12 month average, household spending for 10029 includes: $461 for shopping. Next is health & family totaling $452. Most of the spending in this area is dedicated to school & child care and insurance. House & home follows with a total of $432 with the majority of this portion going toward utilities.

If 10029, 10027 and 10030 are compared in their shared ranking areas, which are health & family and house & home, 10030 spends the most on health and family at $798 versus 10027 spends $552 and 10029 spends $452. In house & home, 10027 spends the most at $472 followed by 10030 spends $434 and 10029 spends $432.

All figures are created from an online money management tool and based on ages from 18 to 65 years of age and above, all households (married with kids or without, male or female single with kids or without), and income starting at $20,000 to $125k and above.

Stay tuned as the Money Series will look into spending habits of Harlem residents versus other parts of Manhattan.

Harlem Real Estate Progress Report: Residential buildings in Harlem with swimming pools


This past weekend, The New York Times featured an article on NYC residential buildings with outdoor pools. The article stated,”of the approximately 150 pools in residential buildings in Manhattan, only about 15 are outside, according to the city’s Department of Health and Mental Hygiene; some of those 15 are in private town houses.” As I read on, I wanted to know what residential buildings in Harlem offered indoor or outdoor swimming pools-if any. There are two condo buildings in Harlem that currently offer/or will soon offer an indoor pool as part of building amenities.

Fifth on the Park indoor pool

Fifth on the Park, located at 1485 5th Avenue, has an indoor pool. It is a 55 foot, heated lap pool. I have seen this pool. It’s not too shabby and I believe it is in the lower level part of the building. The only draw back is you can only swim when there is a lifeguard around and who knows the schedule. So depending on what the schedule is, owners probably have to schedule their lap appoints way in advance. Hey…there could be worse things in life. If you’re interested in an apartment with indoor swimming pool, there are apartments for sale in 5th on the Park ranging from around $400k to close to $2 million.

WA Condo indoor pool

The other building that offers an indoor pool is the WA Condominiums, a relatively new condo building located at 2201 Adam Clayton Powell Jr. Blvd. According to StreetEasy and its website, an indoor pool is one of many amenities offered. However, both of these sites I mentioned do not show any past sales. So I can’t provide additional details at this time. Does anyone have the lowdown on this condo building?

So out of the 150 pools in NYC residential buildings, there appears to be two right here in Harlem. Can you imaging living in one of these buildings-especially during the summer. Not a bad way to live and beat the August heat!

Yogurt store planned for Frederick Douglass Blvd in Harlem falls apart

I hate being the messanger of bad news especially since I only like blogging about things positive happening in Harlem.  However, I came across some reliable information about the planned yogurt store in Gateway Condominiums, located on Frederick Douglass Blvd. between 113th and 114th. Apparently, the deal for a yogurt place to open in the retail space of 2098 Frederick Douglass Blvd. fell through. A credible source tells HarlemGal the business person(s), who is from Westchester County, pulled out recently from plans to rent the commercial space in Central Harlem for a Baby Yogurt store. However, they are the same investor/business person(s) opening up the nail salon next door and those plans appear to be moving forward since construction is actively happening. So as of now, Harlem will not getting another yogurt place, i.e. Baby Yogurt, unless the parties involved reconsider. Total bummer. I was looking forward to that.

Harlem Real Estate Progress Report: A view from the top of 88 Morningside

This past Tuesday, July 26, the sales and marketing team for 88 Morningside, a new Harlem condo development right across the street from Morningside Park and 122nd, held a reception to unveil their rooftop deck and celebrate their TCO, temporary certificate of occupancy. Several guests were taken around at the soiree to view available apartments and take in the view from atop. And cocktails and food treats were provided by 67 Orange Street!
I was able to take in the view from the rooftop for myself and it’s not bad at all if you’re looking for an apartment to buy in Harlem. The building has a wonderful view of Columbia University, the park, and midtown Manhattan. If you are looking for an apartment with rooftop views, check this property out!

20110729-124337.jpg

20110729-124345.jpg

20110729-124355.jpg

20110729-124402.jpg

20110729-124424.jpg

20110729-124435.jpg

20110729-124447.jpg

20110729-124457.jpg

Harlem Shambles plans to open in Livmor Condo

Looks like commercial retail space in Harlem on Frederick Douglass Blvd is slowing getting scooped up! It appears from the photo below that the Livmor has sold (or rented out) some of its commercial space to a business called Harlem Shambles. I have never heard of this business and looking online for information, the only item I could find is Harlem Bespoke blogging that Harlem Shambles is a butcher shop! Hmm. I wonder what type of products they will be offering? Just meat! Or seafood too? And what does this mean for Best Yet and Central Market that are not too far away?

This is certainly a different addition to the other businesses that have opened up on FDB and that are getting ready to open soon! Recently, I blogged about how a yogurt store and nail salon are opening up side by side in the Gateway Condo located at 2098 Frederick Douglass Blvd.

As always, stay tuned on when Harlem Shambles will be opening. I am sure it will be soon!

20110725-104449.jpg

20110725-104459.jpg

Money Series: How Harlem spends their money

Household Spending 10027 12 month avg

I have been living in Harlem since 2006 and have witnessed enormous change since then with new restaurants opening on every major avenue, buildings popping up throughout upper Manhattan, and more new faces lining Harlem streets. With all this change, I have always wondered about spending. How do we, i.e. Harlem locals, spend our money? Where does all of our money go?

I researched the topic and unearthed some interesting numbers via an online money management tool on how we spend. In the Money Series, I will share data discovered by zip code from shopping to health & family to food & drink and more! First up is 10027 of Harlem.

On a 12 month average, household spending for 10027 includes: $568 for food &

Food and Drink 10027 12 month avg

drink, $269 is for dining out and $299 is for groceries. Next on the list is health & family. Harlem locals from 10027 spend a total of $552. The majority of the figure goes to insurance and school & child care with $166 and then $156. The remaining total is divided among four other categories shown in the graph.

After food & drink and health & family, house & income rounds out the top three

Health and Family 10027 12 month avg

spending categories. This part of Harlem spends a total of $472. Two-hundred and six dollars goes to utilities. One-hundred and twenty-four dollars goes to home improvement and $122 goes to phone. The remaining $20 is for home maintenance. The graph below displays the remaining areas of spending for 10027.

House and Home 10027 12 month avg

All figures are based on ages from 18 to 65 years of age and above, all households (married with kids or without, male or female single with kids or without), and income starting at $20,000 to $125k and above.

Next up in the Money Series is how Harlem locals from 10030 spend!

Harlem real estate progress report: Gateway Towers seventy percent sold

20110718-122828.jpg

Recently, I blogged about how some condos in Harlem were meeting their mark in terms of sales. There is another condo development that has achieved similar success. The Gateway Towers, located at 2098 Frederick Douglass Blvd. and also known as Gateway Condominiums, is 70 percent sold. I have confirmed this with two sources. There are only a limited number of properties left in this two-phase condo development.

I am surprised by this figure. It took a while for the Gateway to be completed. One would think buyers would just forget about places that take forever to be finished. However, this is not the case when it comes to New York real estate. There seems to be about 12 apartments left on the market according to Streeteasy.com. My guess is the apartments on the upper level of the tower were snapped up first and then the lower level next. The apartments on the higher floors have unobstructed views. The rooms are also big and spacious and like most new developments, the Tower has washer and dryers in the apartments.

The 70 percent sales were also probably achieved due to location and the rooftop views I have been on several rooftops in Harlem, such as The Douglass, 2280 FDB, Parc Standard, Fifth on the Park and Livmor. However, Gateway Condo has one of the best rooftops in Harlem. It has a clear shot of Central Park and Morningside Park from the roof. Also, the view of St. John the Divine is just that…divine. The view of East Harlem is nice as well. That view offers seeing brownstones from overhead.

I had the opportunity to take some photos from the rooftop at Gateway. I could not resist. When the real estate agents show the apartments, they take visitors up to the roof. Hopefully, these photos give you a sense of why the roof at Gateway Towers is one of my favorites!

20110718-120334.jpg

20110718-120345.jpg

20110718-120411.jpg

20110718-120427.jpg

Harlem’s Honeycomb Burgers aiming to open by end of summer

I was at Chocolat recently enjoying their happy hour (more on that later) and while there I inquired about the status of Honeycomb Burgers, located on Frederick Douglass Blvd between 119th and 120th Street. The word is they are hoping to open the place by the end of summer. Harlemites can hopefully expect a new burger joint around August or mid September. We all know the drill when it comes to opening these establishments. Deadlines are very fluid. Let’s keep our fingers crossed that the hamburger prices will be reasonably priced at Honeycomb Burgers in Harlem!

Leon Ellis, the owner of Moca and Chocolat, owns Honeycomb Burgers. He is clearly expanding his restaurant business in Harlem and will soon dominate this particular block in Harlem once his third business opens. Good for Leon and best wishes for continued success! Can’t wait to have a burger there!

20110711-122235.jpg

20110711-122246.jpg

New yogurt store and nail salon coming to Frederick Douglass Blvd in Harlem


Have you walked by the Gateway Condominiums lately, the condo building located at 2098 Frederick Douglass Blvd., and noticed how the majority of its retail space on the first floor has been vacant for a while? Well…that block on the eastside of FDB is about to change. Word has it that a yogurt store and a nail salon have signed a long-term lease with the developer who owns the large portion of commercial space, located right next to Society Cafe.

Apparently the leases were signed recently for a yogurt store and nail salon to move in, and work has already begun by dividing up the space for these two new businesses in Harlem. Notice in the photo, there are two separate doors on the commercial space. For the longest time, that commercial space only had one door to enter.

No exact confirmation on the names of each business yet. As soon as I know, I will pass along!

This portion of Frederick Douglass Blvd from left to right will eventually appear and operate as Society Cafe, which most of us know is owned by Karl, then next to Society Cafe will either be the nail salon or the yogurt place. After the nail salon and yogurt place is the lobby of the Gateway Condos. Next to that lobby is vacant space. A Metro PCS use to be there. However, we hear a shoe repair is hoping to move in there. And finishing out the complex is Express Dry Cleaners.

The new yogurt store will join the recently opened Chill Berry at 414 Lenox Avenue. And the nail salon joins stiff competition. There is Polished FingerTips on FDB and 118th, and Z Nail Salon on 116th between FDB and Adam Clayton Powell Jr. Blvd.

Overall, I personally like that these two new businesses will be moving into Harlem. I like eating yogurt and I definitely like getting my nails and feet done. I just wish someone would open a 24 hour diner around this portion of Harlem! Don’t you think so as well?

Rent spikes in Harlem

Harlem is a Nike symbol or an arrow shooting straight up on a graph when it comes to the rental market for apartments. According to The Wall Street Journal, Harlem, along with the Financial District, share a statistic at the moment being that they are seeing the largest rent increases during the last year. Rental prices in both of these Manhattan areas are up more than 15 percent year-over-year.

The article states “the average Harlem apartment rent was $2,055 a month during the second quarter, up $333 from a year earlier. These rent averages include dwellings of all sizes – studios, as well as one-, two- and three-bedroom apartments.”

20110709-061831.jpg