I've been tracking several penthouses in Harlem these past few months. I don't NEED a lot of space, but after 8 years of living in a cramped Midtown apartment I'm intrigued by the possibility of owning a large, spacious 3 bedroom/2bathroom. With my budget I could basically have a nice 1 bedroom or a large 2 or 3 bedroom penthouse in Harlem ... but when I mention the idea to some friends I was... [more]
I've been tracking several penthouses in Harlem these past few months.
I don't NEED a lot of space, but after 8 years of living in a cramped Midtown apartment I'm intrigued by the possibility of owning a large, spacious 3 bedroom/2bathroom.
With my budget I could basically have a nice 1 bedroom or a large 2 or 3 bedroom penthouse in Harlem ... but when I mention the idea to some friends I was interested in having as roommates, most of them hate the idea of living in Harlem.
I was excited by the chance to have a home office & even a guest bedroom & bathroom, but I've found that almost no one I know would be interested in living up there, even if the rent was dirt cheap.
I'm sure most users on this site have seen those luxury penthouses for around a million bucks in Harlem. Say that prices come down 30-40% in the next few months or so ... a 1,000,000 penthouse reduced to say, 700K or 600K.
Would that tempt any of you on this site? Or is there NO price that would get you to move up there?
If enough people call me crazy, I'll forget about it ... I know that resale would be more difficult up there, but if it seems IMPOSSIBLE then maybe it's just not worth it.
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Response by jason10006
almost 17 years ago
Posts: 5257
Member since: Jan 2009
"Harlem has much more to offer that the FiDi and even Hells Kitchen as far as a community and neighborhood. The question is, will it ever realize its potential."
Having lived in all three, I can say "maybe" for FiDi but TOTALLY wrong for Hells kitchen. Hell's kitchen has a zillion times more restaruants, stores and such than Harlem. It may not have as many long-time residents, if that's what you mean, but I long for when I could go out at any time of the night and get whatever I craved - something impossible in even the nicest parts of harlem without taking a (gypsy) taxi.
As for the blogger - you see drug addicts in plenty of places below 110th. Again, I lived in hell's kirchen post-gentrification for many years and literally saw bums pooping on the sidewalk in front of luxury hi-rise buildings.
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Response by bronxboy
almost 17 years ago
Posts: 446
Member since: Feb 2009
Yes, Hell's Kitchen has many more restaurants than Harlem. And I love many of them. But it's only recently become a residential neighborhood. Where are the parks? Harlem is close to Central Park, Riverside, Jackie Robinson and others. That's what I meant.
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Response by jason10006
almost 17 years ago
Posts: 5257
Member since: Jan 2009
ok but I could counter that I loved being close to Hudson River park even more...but its a matter of preferance.
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"Harlem has much more to offer that the FiDi and even Hells Kitchen as far as a community and neighborhood. The question is, will it ever realize its potential."
Having lived in all three, I can say "maybe" for FiDi but TOTALLY wrong for Hells kitchen. Hell's kitchen has a zillion times more restaruants, stores and such than Harlem. It may not have as many long-time residents, if that's what you mean, but I long for when I could go out at any time of the night and get whatever I craved - something impossible in even the nicest parts of harlem without taking a (gypsy) taxi.
As for the blogger - you see drug addicts in plenty of places below 110th. Again, I lived in hell's kirchen post-gentrification for many years and literally saw bums pooping on the sidewalk in front of luxury hi-rise buildings.
Yes, Hell's Kitchen has many more restaurants than Harlem. And I love many of them. But it's only recently become a residential neighborhood. Where are the parks? Harlem is close to Central Park, Riverside, Jackie Robinson and others. That's what I meant.
ok but I could counter that I loved being close to Hudson River park even more...but its a matter of preferance.