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New York & Tri-State  + New York + Uptown/Bronx  + Apartments  |  June 16, 2023
Emily Fu
By: Emily Fu

Harlem Affordable Income Rental Development Marcus Garvey Village Breaks Ground 

Carthage Real Estate Advisors hosted a groundbreaking event for the construction of 112 West 124th Street at Marcus Garvey Village, Central Harlem’s first 100% affordable multifamily rental in over a decade.  

“This project has been my dream for more than 25 years, starting when I was Co-chair of the Housing Committee for Community Board 10,” said Edward Poteat, President of Carthage Real Estate Advisors. “I especially want to thank the visionary team at New York City Housing Development Corporation for their support on every level.”  

The 20-story residential tower, developed by Carthage Real Estate Advisors, will feature 168 apartments of different sizes and a residents’ roof deck with a performance space for community artists. The project is set to be completed in November 2024 as part of the Marcus Garvey Village development, which will include three rental towers, two of which will be 100% affordable. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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