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. Continue Reading →

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. Continue Reading →

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. Continue Reading →

Harlem Hellfighters’ First Woman Brigade Commander At NYC Veterans Day Parade 2016

dawson-baghdad1“America’s Parade,” the 97th annual New York City Veterans Day Parade, begins with a Memorial Ceremony featuring, Mayor Bill de Blasio and other dignitaries on Friday, November 11, 10 a.m. – 11 a.m. at Madison Square Park, 23rd Street and Fifth Avenue.  Parade begins at 11:11 a.m. Continue Reading →

HW Pick: Commercial Brokerages Stuck In The 19th Century

rrea-estate-in-harlemDavid 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. Continue Reading →

Investors, Developers Looking To Harlem And Further North

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“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 Midtown panel discussion Thursday. Continue Reading →