Thursday, September 22, 2011

☞ DWELL: Update at the Metropolis

The eco-friendly "green" building called the Metropolis at 51 East 128th Street had its initial closings on units at the end of 2010 but how is the development doing these days in final sales?   This new construction on the part of East Harlem that feels more  like Central Harlem had 8 units sold out 13 in the beginning of the year and now it appears the new construction has made a little progress since then.

Looking at Streeteasy, it now appears that 9 units have closed now and 1 unit is in contract: LINK.  The last two units available include 1 and 2 bedroom units ranging from $350K-$425K with an average price of $578 per square foot. This location at 128th Street faces the nondescript Choir Academy building but the surrounding blocks still has some nice housing stock intact.  For more on what's green about this development:

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