September 8, 2017
Nearly two-thirds of the market rate apartments already have signed leases at Harlem 125, a new apartment building in Manhattan’s Harlem neighborhood.
“This is a major corridor of the city that has screamed for development,” said Jeffrey Simpson, head of Greystone Development. “Over the next five years it’s really going to wow people.”
New apartments have opened in many parts of Harlem — but Harlem 125 is one of very few developments on 125th St., Harlem’s Main Street. Rents start at $1,994 a month for a studio at the property, which began leasing its 75 apartments in May, including 15 affordable apartment units.
Hear more of Simpson’s perspective on New York City and the capital markets at Connect New York, which will be held Sept. 19, 2017, at The Underground, Rockefeller Center.
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