BRP Scraps Affordable Rentals At Harlem Project, Will Sell Condos Instead

UPDATED: Mar. 6, 9:37 a.m.: For-profit affordable housing developer BRP Companies plans to sell condominiums instead of rent below-market apartments at its Harlem development called “the Rennie,” according to an offering plan filed with the New York Attorney General’s office. Continue Reading →

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JP Morgan, Morgan Stanley Provide $125M Refi For Jeff Sutton’s Harlem Whole Foods Site

Jeff Sutton’s Wharton Properties just bagged a big loan for the Whole Foods Market site in Harlem, sources have told Commercial Observer. Continue Reading →

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Construction Wraps On Retail Complex In Harlem

100-West-125th-Street-in harlem before and afterIn July of 2015, YIMBY brought you a construction update on the the six-story, 202,361-square-foot commercial-retail project being built at 100 West 125th Street, located on the corner of Malcolm X Boulevard (Aka Lenox Avenue), in Harlem. Continue Reading →

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Raymour & Flanigan Signs Lease At Harlem Development

100-west-125th-street-rendering

The Commercial Observer reports that Raymour & Flanigan, the American furniture store that began in 1947 in Syracuse, N.Y., has signed a lease at Jeff Sutton’s Wharton Properties’ six-story retail development on West 125th Street in Harlem. Continue Reading →

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Jeff Sutton Receives $95M Loan for Harlem Whole Foods Project

whoel foods on 125th streetCommercial Observer reports that Jeff Sutton owner of Wharton Properties has obtained a construction loan from Natixis Real Estate Capital to develop a 33,000 square foot retail property along 125th Street, Harlem’s busiest commercial thoroughfare, Mortgage Observer has first learned. Continue Reading →

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