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Harlem News
Tuesday, 12 August 2008 05:00
According to the latest Real Estate Statistics, NY state has approved only 12 buildings for residential co-op conversion so far this decade—and just two last year.
In fact, condos outsold co-ops in the first half of 2006 in Manhattan—a notable feat, considering that more than 75 percent of the borough’s for-sale housing is co-op. In the first quarter of 2007, according to Miller Samuel, 1,771 co-ops traded hands to 1,703 condos—a near dead heat, all things considered.
Friday, 08 August 2008 18:32
2201 Adam Clayton Powell Boulevard - new condominium
- The six-story, 35-unit residential condominium
- According to the developers, WA Design and Development, units will be priced at $900 to $1,100 per square foot
- Gym
- 24-hour doorman service
- Two levels of parking garages
- Rooftop swimming pool
- Running track
- Terrace
Saturday, 07 July 2007 04:54
According to the latest statistics of recent real estate sales in Harlem & in particular Hamilton Heights, it appears that a recent Town House sale above 110th Street had broken the previous record. A recent deed filed with the city states a five story town house which is 20 feet wide with 8 bedrooms and five bathrooms sold for $3.89 Million in the area breaking the previous top sale by $1.3 Million in upper Manhattan. The owner had bought the house in 1993 for $292,500 in 1993. Also, the apartment rentals in Harlem from W 125th St to W 155th St has skyrocketed in the past two years. A typical average one bedroom in 2005, was about $950. Currently in 2007, they go for at least $1100 - $1150. The two bedroom average in 2005 was $1100 - $1200. Now, for an average two bed in the same area and quality is $1500 - $1600.
Saturday, 07 July 2007 04:54
S
cattered along the very busy and famous 125th Street corridor from Second avenue to Amsterdam Avenue in northern Manhattan, each of the projects includes two or more floors of retailing aimed to attract high-profile and high-fashion national chains that historically have been absent from the mix in Harlem. Real estate professionals say they understand that a prominent department store is also looking at the street. The projects that are on the books include a 30,000-square-foot three-story retail complex at 261 West 125th Street next to the Apollo Theater. The site had been a vacant lot since the mid-1980s, when fire destroyed a small office building.On the corner of West 125th Street and Lenox Avenue, Under development is a 33,000-square-foot parcel into 230,000 square feet of space that includes three stories of retailing and either a community facility or residential units on upper floors.
Saturday, 07 July 2007 04:54
206 East 124 Street Condominium features luxury apartments. Sunday Open House 12:30 - 2:00 PM From spaciously designed open-plan residences to a roster of premium amenities — 206 East 124 Street Condominium is the ideal choice for discerning New Yorkers seeking extraordinary value, convenient location and the highest standards in city living. Clean modern lines, warm natural finishes, distinctive design provide residents with classic styling and generously proportioned apartments. A full roster of premium building and neighborhood amenities and nearby shopping, create a convenient and comfortable environment for families and individuals alike. Experience the 206 East 124 Street Condominium advantage. 1-2 Bedroom Condominium Residences starting from $330,000.
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New 206 Condos
With the unbeatable mixture of convenience, value and quality, 206 Condos is a perfect choice for the first-time buyer and a solid investment in the most exciting real estate market in the world.