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
Posted in Architecture, Central Harlem, East Harlem, Family, Harlem, Harlem Real Estate, HarlemCondoLife, New York City, North Harlem, Real Estate, South Harlem (SOHA), West Harlem Tagged with: @HarlemHCL, Apartments, Central Harlem, condos, Harlem, Harlem Condos For Sale, Harlem Lofts, HarlemCondoLife.com, Inc, Lenox Avenue, Million Dollar Listing New York, retail space, Selling New York, townhouses
By HarlemGal for HarlemCondoLIfe
There is so much construction change taking place in the southwestern part of Harlem one would thing it would be impossible to keep up with. That could be the case if it weren’t for readers informing HarlemCondoLife on where to go take that next stroll around Harlem. I am learning to listen to those tips and that’s what I did today (Friday). A reader tipped HCL about a ton of retail construction happening on the southwest corner of 115th Street and Adam Clayton Powell, Jr. Blvd., also known as 7th Avenue. I checked it out. Thank you Lynn!
There are two scenarios floating around about what is happening with this retail space in Harlem that I am estimating to be more than 3000 square feet. One worker said that the space is being cleaned out and turned into a laundry mat. Interesting. Not my favorite scenario since most of the buildings in the area have laundry facilities inside the building and there are two other mats close by: one on Frederick Douglass Blvd., and 114th Street and the other on St. Nicholas and 113th Street.
Another person hanging out in front of the construction, said that the owner, who happens to own the entire complex located at 1890 Adam Clayton Powell, Jr. Blvd., is remodeling the space to get an entire new tenant. It is rumored that the owner of this retail space wants $15,000 in rent. I believe that is 5 thousand less than what is requested on Frederick Douglass Blvd. I hear some commercial space goes for around $20k with a ten-year commitment. Not cheap!
Overall, I hope something unique and interesting moves into this space, such as a diner or another mom and pop drug store. What do you want? Diganos! Who knows…maybe the owner is listening!
Posted in Harlem, Real Estate Tagged with: 115th Street, adam clayton powell, commercial real estate, Harlem, Hgl, Hgl5, Jr. Blvd., Real Estate, retail space
I walked to the 2/3 subway stop today at 110th Street and Central Park North and noticed half of the retail space is gone at 111 Central Park North. HarlemCondoLife told you about Doctor Diego moving in to that space, and there had been a lot of chatter online about a McDonalds going there and Subway. Well, we know a Subway franchise got it’s way and a deli. I guess the tenents/owners in 111CPN were able to say “no way Jose” to the golden arches. If that is in fact true, as a homeowner in Harlem I am very happy!
Posted in Harlem Tagged with: 111 Central Park North, Doctor Diego, Harlem, retail space, Subway