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Fifth on the Park East Harlem June 2009

Started by Columbus
over 16 years ago
Posts: 132
Member since: Apr 2007
Discussion about
What's the latest on this 160-unit market rate condo multi-use project? The developer filed for bankruptcy in January 2009, there has only been 1 closing and that was way back in March 2009. No closings since. Physical exterior construction is mostly complete, but the interiors are not done yet. Punch lists? Tax abatement? City violations? What are you hearing? Full story here: http://tinyurl.com/dfw566
Response by bronxboy
over 16 years ago
Posts: 446
Member since: Feb 2009

I haven't heard anything lately, but it looks like a zombie condo right now. Hopefully someone will take it over and make at least affordable housing out of it.

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Response by Maraman
over 16 years ago
Posts: 165
Member since: Nov 2008

Work seems to be picking up there in the past few weeks. Maybe things are getting back on track. They do have a ton of units in contract. An earlier thread stated that the one sale was affiliated with the Sponsor.

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Response by jason10006
over 16 years ago
Posts: 5257
Member since: Jan 2009

jesus christ try looking for existing threads

http://www.streeteasy.com/nyc/talk/discussion/3532?redirect_url=http%3A%2F%2Fwww.streeteasy.com%2Fnyc%2Ftalk%2Fdiscussion%2F3532-5th-on-the-park-harlem

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