The development known as 220 St. Nicholas Avenue was stalled for a couple of years but new investors have turned the building around quickly in 2013. This new construction at the corner of 121st Street is at one of the best locations on the lower FDB corridor in South Harlem and apparently is asking for market rate rents because of that fact. There currently are 5 active listings on Streeteasy ranging from $3,000 to $8,000 per month for 1 bedrooms and 2 bedroom units:
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