Tag Archives: Fifth on the Park

Harlem’s Marcus Garvey Park and Hamilton Heights make New York Mag’s Next Big Neighborhood List


By HarlemGal for HarlemCondoLife
It is that time of year where New York Magazine profiles some of the upcoming neighborhoods for 2011. In this week’s edition (April 3), they list 20 of The Next Big Neighborhoods in New York City and two Harlem sections made the list!

A big congrats to Marcus Garvey Park.  This area located in Central Harlem was ranked fourth out of 20. NYMag says Marcus Garvey Park “is undergoing a several million dollar renovation, including smoothed-out sidewalks and the transformation of its existing bandshell into a state-of-the-art amphitheater.” In addition to park renovations, several buildings have sprung up, such as 5th on the Park, located at Fifth Avenue and 120th Street; and “the recently constructed Windows on 123, a pair of buildings graced with limestone-balconied apartments and full-floor lofts.”

Hamilton Heights located in West Harlem, finishes out the list placing 20th on the list.

Another notable mention, is Manhattan Valley, which is right below Harlem on the Westside. They were ranked second out of 20.

Fifth on the Park Attempts First Wave of Closings

By HarlemGuy

Rumour has it at that notices to close were sent for Fifth on the Park condominium yesterday.  Fifth on the Park is one of two Harlem-based ultra-luxury condos and the first to reach this stage since the downturn. 

Located on 120thand Fifth, the project is the tallest in Harlem and faces Marcus Garvey / Mt. Morris Park.  It features multi-million dollar condos, parking, pool, gym, decks and other amenities. 

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Photo – Royce Douglas

The project was started over two year ago and has been delayed time and again.   One of the founding members  recently filed for bankruptcy, as reported on Curbed, Crain’s and the Raw Deal.

The sponsors claim to have enough solid contracts to close.  However there does not yet appear to be a Certificate of Occupancy.  Additionally it appears some buyers are seeking to get out of their deals and are networking and/or contacting the New York Attroney General’s Office.

For more information please track the latest and greatest on Curbed.com.