Bronx-based JCAL Development Group has filed applications for a 15-story, 75-unit mixed-use building at 2395 Frederick Douglass Boulevard, located between West 128th and 129th streets in Harlem. The project will encompass 95,200 square feet and rise 147 feet to its roof, according to the filings. There will be 8,625 square feet of retail space for a ground-floor grocery store, followed by 75 apartments across the second through 15th floors. All of the units, averaging 910 square feet apiece, will rent at below-market rates through the housing lottery.
The Beginning of a Buyer’s Market in Manhattan? In the last quarter of 2016, the median resale price of homes in Manhattan saw its most precipitous drop in four years. The 6.3 percent decline, to $900,000, was recorded by Douglas Elliman in its most recent sales report. Thank you for reading HarlemCondoLife.com
Construction is now underway on the third floor of the seven-story, 30-unit residential building under development at 464 West 130th Street, located on the corner of Convent Avenue in the Manhattanville section of Harlem. An update by Harlem+Bespoke provides a look at the construction progress. The latest building permits indicate the project will encompass 24,955 square feet and rise 69 feet to its main roof, not including bulkhead elements. Its residential units should average 642 square feet apiece, indicative of rental apartments