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Mentioned in this Article:
Stephen G. Kliegerman

Stephen G. Kliegerman
President of Development Marketing

The Real Deal

Sales Resume At Cogswell's 2130 Adam Clayton Powell

From left: Cogswell Realty CEO Arthur Stern and 2130 Adam Clayton Powell

Sales have resumed at 2130 Adam Clayton Powell, a residential development by Manhattan-based developer Cogswell Realty at Adam Clayton Powell Jr. Boulevard and 127th Street, Halstead Property Development Marketing, which is fronting sales for the property, announced last week.

The seven-story newly constructed building features 46 studio-, one-, two- and three-bedroom residences ranging in size from 533 to 1,508 square feet and in price from $289,000 to $949,000.

The developer launched pre-sales at the building in 2008, but they were then suspended until construction could be completed.

"With construction now complete, buyers can now see firsthand the fine finishes," said Arthur Stern, CEO of Cogswell Realty.

"We believe property values in this area of Harlem will continue to increase over time," said Steve Kliegerman, president of Halstead Property Development Marketing. "In addition, there has been a recent high absorption of units in the area limiting the number of new homes for sale." -- Katherine Clarke

Thursday, August 11, 2011