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Harlem Rents Go Back To The Future In New Development

Harlem Rents Go Back To The Future In New Development

By Jeff Vasishta August 10, 2016
Photo courtesy of 6sqft.com

Has anyone seen my DeLorean?

The yet-to-be-completed Striver’s Plaza in Harlem is taking rents back to the future with studio apartments set to be available for as low as $494/month. It’s enough to make you dig out your leg warmers and Flashdance posters. Applications are now being accepted for 53 under market housing units for Central Harlem’s newest, eight story apartment building aimed at keeping New Yorkers in New York.

Related: Stop In The Name Of Love: Can Gentrifying Harlem Pause To Honor Its Past?

The complex, located at 275 W. 140th St on the corner of Frederick Douglas Boulevard could see other residents paying $532/month for a one-bedroom and $896 for a two-bedroom if they qualify for affordable housing. There are 15 studio apartments, 12 one-bedrooms and 26 two bedrooms available under the program. Other units in the building are priced closer to market rent. The apartments are available to households making between $18,275 and $158,550 per year.

Built through various affordable housing programs, a percentage of units are being set aside for eligible city employees, existing residents of Manhattan Community Boards 10’s catchment area and applicants with mobility, vision or hearing disabilities.

Data courtesy of 6sqft.com

The building’s name alludes to nearby Striver’s Row on West 138th and 139th Streets. The townhouses there are some of the most sought after in Harlem. These streets were once the epicenter of the Harlem Renaissance in the 1920’s and ’30’s. Striver’s Plaza will also include an 8,000-square foot supermarket in accordance with the city’s FRESH supermarket incentive program. It wasn’t pure altruism on the part of the developers, Radson. They get bonuses (in the floor area ratio they are allowed to build on) for both the affordable housing and the supermarket.  No word yet if free mix tapes of New Edition and Keith Sweat will be distributed to celebrate the 80’s era rents.

Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

ABOUT THE AUTHOR Jeff Vasishta

Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

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