Tag Archives: New Construction

One Morningside Park – Almost Sold Out in Harlem

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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.

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Gas Station Lot

Gas station lot in South Harlem now fenced off with construction to begin

Gas station lot in South Harlem now fenced off with construction to begin

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Pre snowstorm we took these photos of the Gas Station lot on 110th Street and Frederick Douglass Boulevard showing that it is now completely fenced off, boarded up and waiting for construction to begin.

There seems to be a variety of articles about what the development will be (rentals, condos, both), what it will include (affordable units, how many, community space, etc), and so on.  See our previous posts for the backstory here.

It would seem that this lot – which represents the last real estate property left along Central Park (West, South, East and North), will more likely be a new construction condominium complex.  A reliable professional source to HarlemCondoLIfe in real estate who is always ahead of the curve on many stories, agrees with this assessment.   There are several recent precedents for this configuration.  For example Fifth On the Park on 120th Street and 5th Avenue along Marcus Garvey Park includes condominiums, affordable rentals and a community church.

Stay tuned for more on this property in our Harlem Real Estate section.

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Update: On One Morningside Park in Harlem

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A large crane was spotted the other day at One Morningside Park in Harlem on 110th Street and Manhattan Ave.  The exterior of the building looks to be near completion, however there still seems to be a lot of work needed to finish the interior.   The original date we posted here at HCL for construction to be finished was by January 2014.  I think by March/April or even summer of 2014 is more realistic .  The building is over 50 percent sold with pricey units offering views of Morningside Park and Central Park many with balconies.

We will continue to keep you updated with progress reports on this condominium complex.  For more information on previous posts on One Morningside Park and other Harlem developments, please visit Harlem Condo Life and click on the Harlem Real Estatemenu item.

Exterior siding is going up on One Morningside Park

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Previously we posted One Morningside Park in Harlem already 40 Percent Sold, over a month ago.  The other day we noticed  the siding and windows are now being placed along the lower floors in the front.  This process could move quickly but they still have the interior and all of the fixtures inside to finish up which could take several more months.  However, our source connected with the development as well as our broker friend who has sold a couple of units in this building already, both say that they suggest completion by January 2014.  I’d like to be that optimistic but I think that they are going to run over their estimated finis time a bit.  New construction usually does just take for example some of the buildings in this area such as 5th on the Park, the Gateway Towers and The Livmor.

You can visit their website and make an appointment to view floorplans and additional details if you are interested in One Morningside Park.

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