Tag Archives: Faith Hope Consolo

Liquor License Restrictions Hampering Harlem?

Earlier this month, Alain Chevreux thought he had found the perfect location for his fourth Manhattan restaurant. Continue reading

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With Retail Rents Doubling, Small Businesses Are Closing in Harlem

 

Retail rents in Harlem are duplicating the path taken by home prices and rents in the area since the boom. According to the New York Daily News, that increasingly means national chains are replacing the Harlem’s beloved mom-and-pop businesses. Continue reading

Rangel’s Landlord Press Shy

Never heard of the Olnicks? Aside from industry insiders, pretty much no one had until July 11, when The New York Times revealed that, amid an affordable housing crisis, Congressman Charles Rangel had been hoarding four rent-stabilized apartments in the Olnick’s Lenox Terrace complex in Harlem.

It may be hard to believe that in a city so consumed with itself, so dedicated to narcissism and self-love, money and power, the Olnicks would shun the spotlight. But do a Nexis search on the family name, and aside from some clips in Real Estate Weekly—which faithfully publishes personnel and small lease announcements—you’ll find nary a hit until this month. Continue reading