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New York & Tri-State  + Uptown/Bronx  + Apartments  | 

Nortco’s Eleven Hancock Condo Project in Harlem is 50% Sold

Nortco Development’s Eleven Hancock, a newest ground-up residential condominium development in Harlem, is now 50% sold. The project has received its Temporary Certificate of Occupancy (TCO) from the city, and the first move-ins are slated for this summer. 

“Passing 50% sold and securing a TCO carries a lot of weight for buyers—and translates to better financing opportunities as banks understand the building will be completed on time with substantial sales in place,” said Rony Nortman, principal of Nortco Development.  “Buyers looking for more space, including private and shared outdoor spaces, without sacrificing on quality and location have discovered why Eleven Hancock is an incredible investment—it has been wonderful to see that our design is striking a chord.”

Scheduled for completion this summer, the 12-story, 130,000-square-foot condominium will comprise 71 studio, one-, two-, three- and four-bedroom residences.  Asking prices for the remaining units range from $550,000 to more than $2.2 million.

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Nortco’s Nortman

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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