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"everything lofts"
Harlem today is enjoying a vigorous rejuvenation and is becoming one of the popular new places to live. It begins at the northern border of Central Park, at 110th Street, and extends to 155th Street between Saint Nicholas Avenue and the East River.
In East Harlem, also known as El Barrio "The Neighborhood", you can find blocks of restored brownstones. The heart of Harlem, at 125th Street, has all the colors, and sights one would expect of a neighborhood commercial center and such landmarks as the Apollo Theater, where many African-American musicians started their careers, the Studio Museum, one of the principal centers for the study of Black art in America, and the Theresa Hotel (now an office building), which played host to such notables as Fidel Castro, Jimi Hendrix, and Joe Louis.
After his presidency, Bill Clinton brought further attention to this area by choosing it for his business offices. In cafes in Europe and clubs in Japan, you will hear people speaking about the real estate opportunities Harlem has to offer. With historic districts, landmark and turn-of-the century buildings, one can find beautiful architecture and charming details in the properties here. Wise buyers and investors are taking advantage of the many abandoned buildings and restoring them to their original state.
One-room condominiums are selling from $80,000 to $90,000. Two bedrooms start at $165,000. Rents range from $850 for a one-bedroom to between $1000 and $2,000 for a two-bedroom.