Stephen G. Kliegerman
President of Development Marketing
Median prices in Harlem are, after a long dive, scrabbling their way back up. According to statistics furnished by Streeteasy.com, 98 properties went into contract in Central, East, and West Harlem in the fourth quarter of 2010, up from 89 the year before, and 62 in 2008. Brownstones and starter apartments composed many of those sales, but buyers are also being drawn by a new breed of amenity-stocked condos that are barely distinguishable from any others in Manhattan. Is this a fabulous new Harlem—or the homogenization of a highly distinctive neighborhood? Probably both.
117 West 123rd Street, Apartment 8B
What: An 1,815-square-foot three-bedroom, two-bath with two terraces in a 26-unit condo stuffed with swanky flourishes (radiant-heat floors, Viking ranges) and amenities (fitness center and, for a price, underground parking).
Monthly charges and taxes: $1,370.32.
Agents: The Boland Group, Halstead Property.
Price: $1.245 million
Sunday, February 06, 2011