Down to 4 units left in One Morningside Park they are almost sold out. The penthouse unit with sweeping views of both Central & Morningside Parks, is selling for a mere $5,900,000 with two terraces. This building hit the ground running as one of the most desirable new properties in South Harlem on the market. People who bought over a year and a half ago during construction have already resold with high profits on their investments.
The same developers are now focusing on their latest project one block over the neighboring property nicknamed as the gas station lot. Located on the south, east corner of 110th and Frederick Douglass Boulevard it is the last lot left on Central Park in New York City. Ground has already broken and a sales office will open soon with floorpans of units ready to sell. The higher units with unobstructed city / park views will undoubtedly become the priciest condos in Harlem.
The very busy gas station and store on 110th street and Frederick Douglass Boulevard has closed. It is now a Western Union. This must have just happened because they were still there the last couple of days.
Cars and cabs were pulling up while I was taking photos trying to figure out what happened. This gas station was always packed and very needed in the area so I can’t imagine that lack of business was the reason. We had written on our blog rumors of developers looking at this space. I can’t see a Western Union supporting that large lot of land. That is valuable real estate. It was nice having the bright 24 hour lights on the corner late at night. We will write a follow up post on this tomorrow. Stay tuned.
Several articles surfaced today in the papers and on local news channels about the corner Harlem gas station located on 11oth Street and Frederick Douglass Boulevard. This is an unfortunate situation that the city will most likely end up winning. With this prime real estate location a business is vulnerable to the city and eager real estate developers. The HP Harlem gas station is getting pressure from the city to sell. This location would provide incredible central park and unobstructed downtown city views. The Owner Carmie Elmore, and a partner took over the gas station in 1981. The pressure has increased for them to sell and their response to that is Hands off! Situations like this have often occurred with the city in the past and if history repeats itself it does not look good for the gas station owner. Read more from one of several articles about the ongoing battle here Lucianne.com.
The story was big enough to hit NY1 today. Twenty employees would lose their jobs if the gas station was sold. The neighborhood has changed with the booming businesses on Frederick Douglass Boulevard. What once was an undesirable property now has become the hottest piece of Real Estate on Central Park. I’ve stopped by this 24 hour market many times at night all the years I’ve lived here. I do not own a car but the need for a gas station at this location can easily be supported by the continuos flow of cars and cabs 24 hours. They also do repairs here which is very convenient. I imagine the gas station on 96th Street will double in business if the 110th Street gas station closes but that location is small, on a hill and very dangerous.
We will have to wait and see how this plays out but undoubtedly big business will win in the end.