Hans Futterman Loses Control Of Site In Harlem

The Real Deal reports that Hans Futterman has lost control of his troubled Harlem development site, after a failed last-ditch attempt to pay back creditors on the 127-unit residential project. 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…

Manhattan Retail Combats Down Current Of National Market Slowdown

The Manhattan retail leasing market is feeling the weight of the national retail sales slowdown, but staying afloat with renewed retailer interest amidst declining retail rents. 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…

Distressed Harlem site heading to bankruptcy auction

Developer Hans Futterman’s vacant Harlem site at 300 West 122nd Street, which fell into foreclosure last year,  has hit another snag said source. 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…

Nonprofit Takes 9K SF For Jobs Program In Harlem

NADAP, a nonprofit that helps New Yorkers struggling with substance abuse and mental health issues, is adding to its Midtown East offices with new digs in 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…

Orbach Sells Rhree Harlem Rental Buildings

The Orbach Group sold three Harlem walk-up rental buildings with a combined 41 apartments for $21 million, the firm told The Real Deal. 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…

HW Pick: Commercial Brokerages Stuck In The 19th Century

David Burton was at Madison Square Garden watching Axl Rose belt out “Back in Black” as the fill-in lead singer for AC/DC when he got an unexpected reminder of what his life is like as an African-American in the city’s commercial real estate business. Become a Harlem Insider! Sign-Up for our Newsletter *Select list(s) to…

Colliers International Brings P.C. Richard to Harlem

Colliers International has arranged a long-term 20,000-square-foot lease at 309 West 125th Street, with popular electronics and appliance retailer P.C. Richard & Son opening a new store in Harlem location. 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…

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…