Ariel Property Advisors Secures Over $14 Million In Loans For Key Projects

The Capital Services Group at Ariel Property Advisors recently secured two significant loans totaling over $14 million. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails from Harlem World Magazine. (You can unsubscribe anytime)Constant Contact Use. Please leave this field blank.By…

KeyBank Provides $5.2M In Financing For Affordable Housing Property In Harlem

Rebusiness Online reports that KeyBank Community Development Lending & Investment has provided $5.2 million acquisition financing for Grand Crossing, an affordable housing property located in Central Harlem. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails from Harlem World Magazine. (You…

Buildings Bundled For $18.5 Million To Hit Market In East Harlem

Three East Harlem buildings are hitting the real estate market as a packaged deal for nearly $20 million, according to the real estate firm hired to market the portfolio. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails from Harlem World…

START Treatment & Recovery Centers Upgrades Its East Harlem Clinic

In keeping with its ongoing commitment to providing the best possible care to New Yorkers affected by the opioid epidemic, START Treatment & Recovery Centers has acquired a 15,765-square-foot, four-story building at 2191 Third Avenue in East Harlem. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes,…

Six-Story Building Coming To Washington Heights

New York Yimby reports that on a vacant lot just South of Columbia Presbyterian Hospital and Yeshiva University, 465 West 163rd Street will soon rise six stories, in Washington Heights, in Upper Manhattan. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails…

Development Permits Filed For Rentals In East Harlem

New York Yimby reports that permits filed reveal a new eight-story building will be coming to 410 East 115th Street, in East Harlem, Manhattan. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails from Harlem World Magazine. (You can unsubscribe anytime)Constant…

Emerald Equity Buys Harlem Buildings For $25M

Real estate investor Isaac Kassirer’s Emerald Equity Group continues to look to the East Harlem multifamily market, having acquired a four-building portfolio of mixed-use rental properties in the neighborhood from Castellan Real Estate Partners for $24.8 million, Commercial Observer has learned. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World…

Uptown Manhattan’s “Stunning Drop” Off A Cliff

It was a sluggish first half of the year for Northern Manhattan’s commercial real estate market, with a stunning drop in sales volume and mixed pricing results. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example: Yes, I would like to receive emails from Harlem World Magazine. (You…

Fairstead Capital Acquires Savoy Park Apartment Complex in Harlem

Fairstead Capital announced the purchase of Savoy Park Apartments, a 1,790-unit, 10.5-acre multi-family campus in Central Harlem for $315 million. The purchase represents Fairstead’s continued support for New York City affordable housing and the company’s long-term belief in Harlem. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to subscribe toHarlem World Magazine Example:…

Investors, Developers Looking To Harlem And Further North

“If you haven’t walked around this area and you’re a real estate bloodhound, it smells like it’s going to be the [next] Meatpacking District,” Emerging markets like Northern Manhattan are offering real estate investors “huge potential for growth,” though such growth is dependent on continued investments in transportation and infrastructure, market players said at a…