Thursday, March 31, 2011

☞ DWELL: Catching Up with The Lore

UPDATE: 29 UNITS ARE RECORDED AS SOLD. The last time we checked out the status of The Lore condos at 261 West 112th Street in September 2010, 14 of the reported 35 units finally closed after the building stood vacant for most of 2009.  This South Harlem development just right by the lower FDB corridor had some financial issues in the past but now it looks like most of the units except one has sold out or are currently in contract according to Streeteasy: LINK. Overall 29 units are listed as sold and 4 are in contract (there are double listing marked as sold on the Streeteasy chart so it looks like more). Recent sales per square foot appear to be in the upper $500 range to even the low $700's. Most units are well below the $1 million mark but there appears to have been one penthouse taken off the market for the asking of $1.4 million.


  1. Apartments in Harlem are moving quickly. What is up with 220 St. Nicholas? You would think these guys would want to get their act together and finish that place off.

  2. Just got a tip that "2 units were being marketed together as the $1.4 million unit. One of those 2 sold on its own recently, hence you see the $1.4 ph as being taken off the market. Nothing went for over $1 million in this building."