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East Harlem’s Big Housing Push | Real Estate News

East Harlem’s Big Housing Push | Real Estate News

Published 1 week, 5 days ago
Description

East Harlem is set for a major housing boom as Richman Group and Monadnock Development unveil plans for a 14-story, 370,000-square-foot residential tower with 828 apartments, commercial space, and parking—scheduled to break ground next year. Meanwhile, the city’s Economic Development Corporation is actively seeking developers for vacant lots, including a Second Avenue site targeting 140 units—with many required to be affordable. Additional efforts aim to stabilize distressed buildings through new management and potential community land trusts. With multiple projects underway, East Harlem’s skyline and neighborhoods are poised for dramatic transformation.

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