New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


New York & Tri-State  + Uptown/Bronx  | 

$1 for Prime Site in Harlem

New York City will give developers the vacant lot at 263-267 West 126th Street in Harlem for $1 to build 29 affordable homes. Developers Lemor Realty Corporation and Apex Building Group will also create space for a restaurant and tech incubator company Silicon Harlem.

The 8,492 square-foot lot is one of six sites given to eight teams owned by women or minorities selected by the City to develop a total of 440 homes, all priced to be affordable to New Yorkers earning a variety of income levels.

“This is the first group of developers to take advantage of the City’s expanded resources for Minority and Women-Owned Business Enterprise (M/WBEs),” said Jonnel Doris, director of the Mayor’s Office of M/WBEs.

For comments, questions or concerns, please contact Bendix Anderson


Inside The Story

Read More at the New York City Department of Housing Preservation and DevelopmentConnect to NYC's Doris

About Connect CRE

Cert_Stat_BU_300x250_Banner_DG23_Prim_A_AC_2 Advertisement
New call-to-action
Finance_Stat_BU_300x250_Banner_DG23_Prim_B_AC_2 Advertisement