Tag Archives: real estate

This weeks HGTV Selling NY to feature Harlem again

Posted on February 4, 2013 | Leave a comment

HGTV selling New York
A real estate broker has given us the heads up that Harlem real estate and Harlem’s restaurant row will be featured in this weeks edition of HGTV Selling NY. The broker and two of her clients, who are looking to purchase their first home together, venture into Harlem to look at apartments in the neighborhood. In the course of the episode, the clients receive a tour of Harlem restaurants and shops to show them that everything they have become used to downtown can be found right here in Harlem, specifically along Frederick Douglass Blvd.

Check out the TV show this Thursday, Feb. 7 at 6:30 pm.

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Posted in apartments, Bars, Cedric French Bistro and Bar Harlem, Chocolat, drinks, entertainment, food, Frederick Cafe Bistro Harlem, Frederick Douglass Blvd., Harlem, Harlem Food Bar, Harlem Shambles, Harlem Tavern, Lido Italian Restaurant and Bar, Melba's Restaurant Harlem, New York, New York City, NYC, real estate, restaurant row, restaurants, The Park Wine Bar, Zoma Ethiopian Restaurant

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Latest Manhattan Rental Market Report, how does Harlem make out?

Posted on December 17, 2012 | Leave a comment

HG Photo IMG_1842

I came across an interesting clip from Brick Underground about renting or selling during the Winter months, which then lead me to a Manhattan rental report and from there I tripped over housing stats about Harlem. If you’re an owner of property in Harlem, you’ll enjoy this news. If you’re a person looking to rent in the Harlem area, this is info could be bad news for your endeavor.

According to the 2012 November issue of Manhattan Rental Market Report, “Harlem is the only neighborhood that saw increases,” which is unusual because during the cold season the real estate market typically slows down for both selling and renting; and numbers are flat. But not for renting in Harlem. The numbers are up, according to this report. Here are the Harlem stats:

Non-Doorman Studios (3.1%)
Doorman Studios (4.4%)
Non-Doorman One-Bedrooms (3.5%)
Doorman One-Bedrooms (2.6%)
Non-Doorman Two-Bedrooms (2.0%)
Doorman Two-Bedrooms (1.2%)

To learn more about the Manhattan Rental Market Report, go here.

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Posted in 110th Street, 116th Street, 125th Street, Adam Clayton Powell Jr. Blvd., apartments, business, Community, education, Frederick Douglass Blvd., Harlem, Lenox Avenue, New York, New York City, NYC, real estate

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220 St. Nicholas Avenue in Harlem going rental, not condo

Posted on November 27, 2012 | 2 comments

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?

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Posted in apartments, commercial real estate, Harlem, real estate

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In the News: Victoria Theater Development Project in Harlem moves closer to reality

Posted on October 9, 2012 | Leave a comment

The Victoria Theater Project is moving closer to becoming a reality. On September 26, Real Estate Weekly reported that Danforth Developers, the developers behind the project, picked Aufgang & Subotovski as the designers of the commercial and residential project. The article also states that construction is “slated to begin early next year.”

Fast forward to this week and we have the Globe St. And The New York Observer reporting that there are more changes to the design plans. The Empire State Development Corporation approved plans for two 26-story towers: a 230-unit apartment tower and a 210-room hotel versus the previously planned 140-unit rental tower and 175-room hotel.

So in 2014 or 2015, West 125th Street will have two new towers that will be the tallest buildings in Harlem. Stay tuned.

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Posted in 125th Street, apartments, business, commercial real estate, Harlem, New York, New York City, NYC, real estate

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Dear Harlem: Is it better to buy or rent?

Posted on August 14, 2012 | Leave a comment

There are those so-called “million dollar question(s)” out there in the universe around housing that we have all asked ourselves at one time or another. I know I have. And that is…is it better to buy or rent? It’s a loaded question…huh? Well, there is actually an online, interactive tool available now that is trying to help consumers answer that question: buy vs rent? It’s in The New York Times’ Making the Most of your Money section.

To use the online tool, fill in the information on your left, i.e. monthly rent, home price, etc. After you fill out the information, then place your cursor over the grid and it will reveal whether its better to buy or rent? Below are two samples.

Try it by going here. And good luck with finding the answer to that familiar question.

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Posted in apartments, education, Free!, Harlem, Money Series, New York, New York City, NYC, real estate, spending

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250 Park View joins condo market in Harlem

Posted on August 11, 2012 | Leave a comment



If you want to live right across the street from the Morningside Park Farmer’s Market in Harlem, now is your chance. Renovated condos called 250 Park View hit the Harlem condo market on Manhattan Avenue this past week. They are located exactly across the street from the park and a stone throw away from Central Park North.

According to its website, 250 Park View has an exposed-brick entryway which leads into 20 elevator-accessible units, a live-in super, security camera and color video intercom. The 20 units range from studios to 3 bedrooms with either park or courtyard views. Studios start at $450k, and the largest 3 bedroom duplex penthouse are going for $999. Wow!

Better hurry if you’re interested in living in Harlem at this location, which I think is a good one since it’s by two big parks, close to Harlem’s restaurant row and its very close to a subway stop, 110th Street B/C. Out of the 16 apartments listed on its site, only 8 are left. Harlem apartments clearly sell like hot cakes!

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Posted in apartments, Frederick Douglass Blvd., Harlem, real estate, restaurant row

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Harlem neighborhoods experience price jump in rental market

Posted on July 16, 2012 | Leave a comment

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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.

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Posted in 110th Street, 116th Street, 125th Street, Adam Clayton Powell Jr. Blvd., apartments, commercial real estate, Community, Frederick Douglass Blvd., Harlem, Lenox Avenue, New York, New York City, NYC, real estate

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Rental building planned for St. Nicholas Avenue in Harlem

Posted on May 22, 2012 | 2 comments

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For the last several years, all Harlem has seen is condo buildings going up-one after the other-especially on or near Frederick Douglass Blvd. Another building is going to be constructed in this Harlem area. However, it’s not going to be a condo. Several sources tell Harlem Gal Inc that the next building to be built from the ground up in Central Harlem will be a rental building and the developer responsible for this will be Hans Futterman. Futterman has built 2280 FDB and several other buildings in the surrounding area in Harlem.

Futterman purchased the space on St. Nicholas Avenue between 121st and 122nd Street. It’s where the gas station use to be. If you walk by you will see that it’s been closed and permits are hanging on the fence. Futterman has told several business people in Harlem that he is going to build a rental building at this location in Harlem since most of what he has built has been condos!

There is no word yet as to what the building will look like in terms of layout or how high. As with most stories, that information will unfold over time.

As for whether this building will be an affordable rental building, I seriously doubt it. Most of what Futterman builds is mid-to-high end. Stay tuned!

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Posted in apartments, business, commercial real estate, Frederick Douglass Blvd., Harlem, real estate

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‘Across the Universe’ star and singer buys home in Harlem

Posted on May 21, 2012 | Leave a comment

One of my favorite movies is Across the Universe by Julie Taymor and I really enjoyed the performance in the film by the actress and singer who played Sexy Sadie, which was Dana Fuchs. The New York Times reported this past weekend that Fuchs, a well-known and highly established singer and musician, has made Harlem her home. Fuchs recently purchased a 1500 square foot, three bedroom apartment with her companion at Fifth on the Park in Harlem. The article states Fuchs was a drawn to Fifth on the Park in Harlem because of the amazing views. “With big windows overlooking so much greenery, I was just wowed,” Fuchs told the Times.

If you have never heard Dana Fuchs’ music before, check out the video below. And now that I know Fuchs lives in Harlem, I will silently wish that she and her band will one day perform live in Harlem. Wouldn’t that be so cool?

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Posted in apartments, art and culture, entertainment, Harlem, music, New York, New York City, NYC, real estate

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Lenox Lounge in Harlem goes after Lenox Social on trademark infringement?

Posted on April 9, 2012 | 24 comments

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I am so disappointed right now by Lenox Lounge in Harlem if this article in Crain’s New York proves true. Crain’s reported April 8 that “Harlem’s Lenox Lounge sent “representatives” to the bar [Lenox Social] to inform the newcomers that using the name Lenox Social “constituted trademark infringement.”

Get outta here! Can you believe this? This just smells of pure desperation and greed on one side. Why is Lenox Lounge going after Lenox Social when they can’t even pay their rent, according to a recent article in the Daily News? Shouldn’t the owners of Lenox Lounge worry about saving their own home before going after someone else’s? And why can’t there be a Lenox Lounge and Lenox Social on Lenox Avenue in Harlem? There’s room for everyone to play in the restaurant sand box and who ultimately has the rights to the name “Lenox?”.

This is just sad and making me want to sort of retract my earlier blog post on Lenox Lounge. I really hope this article proves to be wrong or I hope Lenox Social doesn’t end up caving to this potential nonsense and change their name.

This story is clearly not over. Stay tuned.

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Posted in 125th Street, Bars, business, drinks, food, Harlem, Lenox Avenue, Lenox Lounge, Lenox Social, New York, New York City, NYC, restaurants

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