Downtown Brooklyn vs West Harlem

Jersey City...

West Harlem.

Downtown Brooklyn. Any chance you're talking about Belltel Lofts in Downtown Brooklyn?

Downtown Brooklyn. Let me guess, Toren? I've looked at it and it's very impressive. DoBro has tons of potential and it will develop. It's already happening.

a no brainer: DoBro.

So properties like Oro, Toren, Belltell with exorbitant common charges (that will continue to go up, up, up) still be an easier sell than Harlem with a CC base that is way lower? Will potential buyers hesitate in purchasing properties with higher CCs? Thanks for your insights.

They'll love living right near a mega basketball arena and its hordes of nightly visitors, so they'll cough up the extra bucks.

Seriously, I would consider downtown Jersey City (esp. near Grove Street). I've written about it numerous times, but if you're looking for a place for the next 7 years, JC could be your spot.

If you plan to spend late nights in New York, Jersey City is a nightmare. PATH trains only leave every 30 minutes late at night, and from 33rd street the train takes forever (really slow). Liverd there for a year, life was OK, but went into the city a lot less because of how poor transportation was.

Agreed. If you're going out a lot, then JC isn't ideal cuz after 1am, the trains are about every 20-30 min. But if you're looking for space, a lovely neighborhood, kid-friendly parks, and just a great vibe overall - then downtown JC could be great!

check out www.grovestreetjc.com for more details.

Hi
Thinking of moving with my husband to Harlem. Ar e there any best areas to go?

All of Harlem will be worth 3x as much in the next year. Hurry up and buy as may as you can.

That isn't possible, thanks for the help.

It really depends on the character of the neighborhood that you seek. I'd start with the area between Morningside Park and 8th Avenue (as it's pronounced; it's spelled "Frederick Douglass Boulevard"), especially around 116th-120th..

The Bridges NYC is a former Curbed Development Du Jour at Third Avenue and 124th Street in East Harlem, two new-construction buildings comprised of 31 total condo units. The Bridges NYC is also East Harlem's newest rental property. According to the Sun, the north building—consisting of two- and three-bedroom apartments ranging from 1,200 to 1,700 square feet—failed to attract a single buyer. The developer will now charge rents starting at $4,000 per month, and bring on Wachovia and a government agency to occupy retail space in the building (the building wasn't supposed to have commercial space). The south building has sold some units, per the report, and the website and listings are still active. So why the failure up north? According to Halstead broker Stephen Kliegerman, the apartments were too big and expensive for the gentrifying East Harlem 'hood: "Studios, one-bedrooms would have been fine. The trend in East Harlem is affordability, and the building just missed the mark a bit."
· Credit Crunch Turns Condos Into Rentals [Sun]
· Development Du Jour: The Bridges NYC [Curbed]
· The Bridges NYC [thebridgesnyc.com]

http://curbed.com/

dco, the questions on this thread concern West Harlem and Harlem -- not East Harlem. You might as well post about Philly.