Tuesday, January 26, 2016


It is always quite amazing to see that some of the newer construction in Harlem are required to have community space in exchange for financial incentives but a lot of the more historic architecture end up turning into something else.  The Hamilton Theatre on Broadway and 146th Street is a good example since a developer purchased the property who reportedly had plans for condo towers on top of the landmark.  This does not seem to be happening anytime soon since there are no new permits on file since 2014 for the building that was that changed ownership almost 3 years ago for $19 million.  Having an entertainment or community center in an actual historic entertainment or community space is somewhat of a novel idea because of property cost but at one point in time it probably would have worked.  We are not sure what will eventually happen at The Hamilton but it probably will require a lot of subsidies to really get off the ground.  More details in our past post: LINK

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