Extending from Morningstar Park to Fifth Avenue, and from Central Park North to West 125th St., New York Metropolis’s South Harlem continues experiencing a serious transformation. Throughout the enclave a blossoming of upscale residential developments is happening.
And little surprise. “South Harlem is a thriving and vibrant neighborhood that continues to supply worth and alternative,” says Rachel Medalie, principal at New York Metropolis-based Blissful Dwelling Growth, developer of 300 West, one of many new South Harlem residential buildings. “The realm is among the metropolis’s most historic and architecturally wealthy neighborhoods, and it additionally gives the entire fashionable conveniences one would wish.”
A bevy of builders should agree, as a result of South Harlem has over the previous couple years seen an unprecedented growth in luxurious condominium arrivals. Included are Eleven Hancock, a 12-story, ground-up condominium at Morningside Park. That includes 71 residences, the Nortco Growth mid-rise launched gross sales in late summer time 2019.
Additionally dealing with Morningstar Park is the ground-up condominium 99 Morningside. Developed by Azimuth Growth Group and designed by Aufgang Architects, it is destined to rise 11 tales and ship 22 luxurious houses. Not far-off, 10 Lenox is a Degree One Holdings-developed constructing residence to 29 luxurious residences and a set of facilities. Extra new modern buildings making the scene embrace Circa, a 38-unit condominium on a parcel that when housed a fuel station, and 111 Central Park North condominium. Close by, within the coronary heart of Morningside Heights, The Vandewater, a brand new 67-residence improvement from INC Structure and Design, overlooks the Hudson River and Columbia College.
It is onerous to argue with a nook the place leisure choices embrace Apollo Theater. Having simply feted its 86th anniversary, the Apollo has hosted just about each nice jazz and blues act in historical past, and lures greater than 1 million guests yearly.
Different nightlife venues embrace The Cecil Steakhouse, Dick Parsons’ Minton’s Jazz and Supper Membership and Crimson Rooster Harlem. “Proximity to among the world’s most elite educational establishments, inexperienced areas, transportation hubs, huge array of buying and high quality eating make South Harlem the right neighborhood to name residence,” Medalie stated.
Her personal 300 West, on the nook of 122nd Road and Frederick Douglass Boulevard, is an all-new 15-story luxurious condominium that includes attainably-priced residences. Preliminary pricing for the 170 houses on the improvement begin at $499,000 for a studio to greater than $2.6 million for a four-bedroom, three-bath penthouse. Close to Columbia College, 300 West is inside steps of not solely among the aforementioned leisure choices, but additionally an array of acclaimed eating places. Transportation alternate options just like the West Aspect Freeway and Hudson River Greenway Bike Path supply quick access to downtown Manhattan.
Whereas many buildings delayed launches and openings till the autumn promoting season, Blissful Dwelling Growth bucked the pattern and got here to market through the lengthy, sizzling summer time. That transfer mirrored the agency’s persevering with confidence within the New York Metropolis actual property market and adopted enthusiastic responses from potential consumers, 700 of whom signed up for added info from the builders through the top of the pandemic’s first wave.
The corporate is betting its consumers can be amongst those that do not need to pay heart-of-Manhattan costs however need to savor the sprawling layouts, facilities bundle and premier uptown location. Above all, they’re more likely to worth the possibly excessive return on funding corresponding with the neighborhood’s wealthy cultural identification and appreciating residence values.
Medalie touts the chance to reside in an attainably-priced luxurious condominium that brings Manhattan’s downtown stylish to the rising South Harlem neighborhood, noting, “300 West is a residential vacation spot for consumers trying to reside in Manhattan [but] unwilling to compromise on a way of life they’re accustomed to.”