Big price cuts lead to big sales in Harlem – Especially on Condo Row

The Real Deal reports increased activity Harlem at building including The Douglass, Windows on 123, the Livmor and Parc StandardLast.

Price cuts on the units in those buildings have resulted in some units selling for less than $500 per square foot.

t, the 72-unit Livmor, the 28-unit Parc Standard and the 38-unit Douglass, all on Frederick Douglass Boulevard, are sold out.   The 73-unit co-op 88 Morningside is 71 percent sold.  The 86-unit Gateway is 90 percent sold. Windows on 123 is on its second phase of sales.

A few years ago, in 2008 HarlemGuy at a blog meeting for HarlemCondoLife with 6 bloggers present at the meeting in front of witnesses, came up with and coined Frederick Douglass Boulevard from 110 to 125th Street as “Harlem Restaurant Row“.  Which since has become a signature phrase credited to Harlem Condo Life.

via Big price cuts lead to big sales in Harlem | The Real Deal | New York Real Estate News.