As swaths of Harlem have gentrified through the years, real estate investors were banking that the commercial area around 126th Street and Park Avenue would do the same. But the area has proven surprisingly resistent to the types of changes seen nearby, according to the New York Times. In August, five properties — four on the west side of Park Avenue, one on the south side of 126th Street — sold to Artimus Construction for $1.35 million. A broker [more]
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