Passing along a real estate update from Robb D. Pair, President of Harlem Lofts, Inc. From the Polo Grounds to a “field of dreams”, Harlem has come a long way.
From 1998 to the present, here are some real estate charts and status reports and interesting sales statistics from townhouses to condominiums presented by the President of Harlem Lofts, Inc.
A Word From Robb
Construction seems to be moving along at 240 Manhattan Avenue even with the snow. It appears they are already up to the 4th or 5th floor level. If you look at the buildings behind they are almost covered.
Here is a photo from our previous post just a couple months back 240 Manhattan Avenue
While the new potential retail and consumer consumption will be good for the neighborhood businesses and restaurants, comments and concerns are being discussed on the possible blockage of light to buildings in the surrounding areas East of 110th Street. See comments in our previous post linked above.
We continue to wait to see what will happen with 220 Saint Nicholas. It has been over 2 years now with little if no activity. Does anyone know what is the latest status on this project? It is starting to look a little shabby and abandoned. The architectural plans looked interesting and the website is still up marketing it as a boutique luxury condominium. It is probably something to do with finances but I do not know for sure.
Harlem Bespoke and several other Blogs have written about it in the past but we all seem to be asking the same question. If anyone knows about this condominium property please share with us what you know.
Hopefully something is getting resolved as I write about this.
(UPDATES BELOW: Read Comments – Will Now Be Rentals)
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