111 Central Park North - Harlem - Condo
HARLEM HIGH-RISE PLANNED
By BRADEN KEIL
July 16, 2004
Central Park North could become the next Fifth Avenue — or at least Central Park South — with the arrival of a new luxury high-rise building planned for the long-neglected Harlem boulevard facing the famed park.
The Post has learned that luxury condominium builder, The Athena Group, has bought three property parcels at the northwest corner of Central Park North and Lenox Ave. It plans to construct an upscale doorman building that would rise 20 floors with as many as 80 units, if the plans are approved.
"This is an opportunity for New Yorkers to be on the park at roughly half the price of Central Park South," said Athena CEO Louis Dubin. "And I think these are the best views of the park, and the city, from that vantage point."
Dubin said the building would have units ranging from one to four bedrooms at prices between $500,000 and $1.7 million.
Last month, the Post reported a migration of middle-class families and single professionals taking advantage of the low prices and grand spaces. Several apartment buildings are now in the process of floor-by-floor renovations.
Once the permits are in place, Dubin hopes to begin demolition by spring 2005.
Copyright 2004 NYP Holdings, Inc.