Harlem Lofts are delighted to announce the publication of our 2019 Upper Manhattan Real Estate Report! Harlem Lofts are officially releasing this report on April 1, 2019. Today you get a complimentary copy before our official release date.
In the Report, their researchers summarize trends in the Harlem and Upper Manhattan real estate market, focusing in particular on sales of historic townhouses. Harlem holds a high volume of beautiful brownstones built between 1895 and 1920 which are recognized as an important body of vintage early 20th Century architecture, and which give us fascinating insights into American cultural history.
Their Report uses meticulous research to identify trends in Upper Manhattan townhouse and wider real estate sales.
For example, did you know that former boarding houses, called Single-Room Occupancy (SRO) properties, are now the most sought-after townhouse properties in Harlem and Upper Manhattan?
The SRO property classification was historically assigned in the early 20th Century to large townhouses converted by the city to generate affordable housing. These houses are rich with atmosphere and have been famously photographed and appeared in television shows and movies, but more recently many of them have lain vacant. However, they are now being renovated and reconditioned at record rates, giving these historic homes a second lease on life. In addition to describing patterns in the purchase and sale of these historic Harlem brownstones, our report also examines the process required for their renovation, which is subject to complex legal restrictions governing occupancy and registration.
Harlem Lofts Inc. is a boutique real estate firm incorporated in 2002 by our founder Robert ‘Robb’ Pair. We are located at 272 Lenox Avenue in Harlem, New York, in the former studio space of the famous Harlem Renaissance photographer, James Van Der Zee. The firm covers all major residential property transaction types in Upper Manhattan and is the acknowledged expert in Upper Manhattan real estate.