Thursday, January 20, 2011

☞ DWELL: A Closer Look at Ellington on the Park


A lot has been written about the new constructions on the east side of Jackie Robinson Park and the building at 130 Bradhurst Avenue is probably the most representative of the mixed income housing model that is now standard in most Harlem developments.  Also known as Ellington on the Park, the 133-unit condo-op building located between 148th and 149th is the modern model of Urban Renewal since economic diversity is the end goal.  So what's the update on units sold in the building?

Checking on the Streeteasy site, the sales of the 110 affordable units all happened relatively quickly in the last year and 7 of the market rate apartments have recently sold: LINK.  There are 16 units left and one can probably speculate that the park view and penthouse apartments are among those being offered.  The doorman building also has a parking garage so this might be what's attracting the buyers who apparently are looking to spend around the $600 range per square foot.  There's more details in an article from last March which points out that 63% of the Ellington on the Park buyers are Harlemites so this is a good example of how developers can facilitate home ownership in the surrounding community: LINK.  Those interested in the last remaining units can check out the building's site: www.EllingtonOnThePark.com

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