Harlem Real Estate Round Up: Fall 2010

Halstead Property Development Marketing announced a couple of weeks ago that they have signed on to be the exclusive sales and marketing representatives for  three prominent new developments, and have also launched sales at additional developments in Harlem.

Signaling renewed strength in the new development market in New York City, Halstead Property Development Marketing added three new developments to its portfolio this month: Windows on 123 (www.windowson123.com), 380 Lenox (thelenoxnyc.com) and 1485 5th Avenue (www.5thonthepark.com) which Halstead began marketing on November 20th.

Uptownflavor will be doing a separate post on the history of the beleaguered Windows on 123.

“While many were predicting doom and gloom for the new development market this year, we were confident there would actually be a strong turnaround due to dwindling inventories and little new construction starts since 2009,” said Stephen G. Kliegerman, executive director of Halstead Property Development Marketing. “With so many new projects coming to market, we are confident business will continue to increase.”

Halstead recently launched sales at the following new developments in the neighborhood:

Harlem Sol (www.harlemsol.com), located at 121-123 West 131stStreet in Harlem, is a 12-unit, two-building development; one is designed in the classic brownstone style, while the second is a contemporary take on townhouse living. The development will offer floor-through studio, one and two- bedrooms and duplexes ranging in size from 534 to 1,197 square feet and are priced from $299,000 – $729,000. Sales launched on November 1.

Parkside Flats (www.parksideflats.com), located across the street from St. Nicholas Park at 362 St. Nicholas Ave. in Harlem, features 22 homes in a mix of one bedrooms with huge terraces and two-bedroom homes ranging in price from $439,000 to $539,000 and size from 665 to 881 square feet.  Sales launched on October 30.

Halstead also recently announced closings and move-ins at PS90 (ps90condo.com).