Living in East Harlem (New York, York: to rent, crimes, credit)

[Patrick Bateman Jr]

Originally Posted by bluedog2

Anyone who thinks there is even a remote possibility of real estate values ever again doubling in a 10 year period needs their head examined.In 10 years, the Harlem condos now selling for $500,000 will be selling for $500,000......if they are lucky.

I agree. Unless they demolish all the projects and replace them with luxury buildings or retail property in its place.

[FlushingRepresenter]

Police have released the photos of two men wanted for questioning in connection to a New Year’s Eve shooting in East Harlem that wounded a bystander in the leg. A 53-year-old woman was shot once in the leg at the corner of East 110th Street and Third Avenue shortly before 2 p.m. on Sat., Dec. 31, the NYPD said. Police added that she was not the intended target of the shooting.
Surveillance footage captured images of the two men, who are described as males in their 20s.
Anyone with information in regards to the shooting is asked to call CrimeStoppers at 1-800-577-TIPS (8477). The public can also submit their tips by logging onto the CrimeStoppers website at or by texting their tips to 274637 (CRIMES), then enter TIP577.
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Read more: Police Seeking Two Men for Questioning in East Harlem Shooting - DNAinfo.com
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Police Seeking Two Men for Questioning in East Harlem Shooting - DNAinfo.com

Investigators nabbed a teen gunman wanted for shooting three men in East Harlem, cops said.
The victims were hanging out on East 122nd Street near Third Avenue at 5:40 p.m. on Sept. 28 when gunshots rang out.
The three were treated for non-life-threatening injuries, cops said.
Tyneek Williams, 17, was identified from surveillance videos as the gunman and picked up Monday by the Violent Felony Apprehension Team, cops said.
Williams is an alleged gang member with prior weapons and drug arrests

Read more: NYPD Daily Blotter - NYPOST.com


HAVE FUN!!!!

[KRISTINsf]

My friend lives on E 110 and 1st. She has been robbed at gun point. Her wallet (with $50 in cash and all her identification plus credit cards), Macbook, IPod, and IPhone were stolen.

[AverageJ]

Originally Posted by frenchy93

that is one little block right here, how about the "ghetto-ness" of lexington & 102nd st between the carver and the washington houses??

Hardly ghetto, I was there on NYE with my wife, very quiet even walking through the carver houses, there wasn't a large presence from the Jakes either, considering how it was popping off a kittle earlier in the day, there is a bad minority but there is a lot of gentrification in El Barrio, and Im not talking about white money, there are Latino & Black new business' opening up in the hood all the time, el barrio is always going to have crime because of the high volume of PJ's here, but its getting a LOT better, long may it continue.

[Kefir King]

My Route is to go North by bus on First and walk to Costco 116th or 117th. Then coming back I walk to either Second and take the bus down or to Lex and catch the train at 116th and head South. I do this a couple times a month. Sometimes I walk back on 115th or 114th just to see different streets.

There is a LOT of good housing stock that will take a gut rehab to become gorgeous...reminds me of Downtown Jersey City in the late 80's.
Cut first you have to get rid ol all those "pesky" Puerto Ricans...like Jersey City did. (Making a cruel genocidal joke here.)

If I had to recommend the best area to buy into NOW it would be between First to Plaeasant, and Pleasant to River...a lot of renovations going on. Pleasant Avenue itself is already pretty pleasant. The further West you go the more "projecty" the area becomes.


But like bluedog said, anyone buying to double his money is fooolish indeed. Buy a home to enjoy for yourself...let any accretion to value, if you see any, come as a pleasant surprise. Homes are not the cash cows they once were because people have their eye on bank shenanigans, and crooked appraisers. Each stupid scheme gets ony ONE chance to go Ponzi...and housing had its run. And of course, you cannot sell low and middle classs housing to a population without jobs.

(I don't have a clue what lies above 118th St. so I have no advice to give in that regard.)

[citylove101]

"Anyone who thinks there is even a remote possibility of real estate values ever again doubling in a 10 year period needs their head examined.In 10 years, the Harlem condos now selling for $500,000 will be selling for $500,000......if they are lucky."



"Ever " is a pretty strong word. No one know what the economy will be like here in ten years.

But the more important thing is that real estate prices will rise higher, faster in a neighborhood that is already low-priced (relative to the rest of Manhattan) like E Harlem, provided the neighborhood improvement process continues. Those prices are simply starting from a lower base. And neighborhood improvement (gentrification) will turn on the state of the local and national economies. Nobody can predict that ten years out, which is why I agree with those who say buy in E. Harlem with a view toward the long-term. AND with a clear understanding of whether you can deal with the QOL issues that will be there in meantime.

That Harlem prices will remain stagnant over the next decade is crazy. They many not double again, but to beleive that they'll decline in real terms is just absurd. There are too many people looking to live in Manhattan for that to happen.

[anon1]

Originally Posted by citylove101

"Anyone who thinks there is even a remote possibility of real estate values ever again doubling in a 10 year period needs their head examined.In 10 years, the Harlem condos now selling for $500,000 will be selling for $500,000......if they are lucky."



"Ever " is a pretty strong word. No one know what the economy will be like here in ten years.

But the more important thing is that real estate prices will rise higher, faster in a neighborhood that is already low-priced (relative to the rest of Manhattan) like E Harlem, provided the neighborhood improvement process continues. Those prices are simply starting from a lower base. And neighborhood improvement (gentrification) will turn on the state of the local and national economies. Nobody can predict that ten years out, which is why I agree with those who say buy in E. Harlem with a view toward the long-term. AND with a clear understanding of whether you can deal with the QOL issues that will be there in meantime.

That Harlem prices will remain stagnant over the next decade is crazy. They many not double again, but to beleive that they'll decline in real terms is just absurd. There are too many people looking to live in Manhattan for that to happen.

Here's what a post from someone with a clearly slanted opinion looks like boys and girls... Take notes, this is textbook...

[rgr555]

Originally Posted by anon1

Here's what a post from someone with a clearly slanted opinion looks like boys and girls... Take notes, this is textbook...

Care to share your opinion?

I highly doubt East Harlem properties will not increase within 10 years for the same reasons citylove101 posted.

[INTELLICHICK]

I moved back to East Harlem and hatte it now. Its too much development and I told my friiend the eastside is going to slide into the river bc the increase of people and new housing.

It sucks thank goodness for central park and the east river so u can take a break from the clutter.

I notice a lot of new nyers live btw 110 and lex and first, 115 and madison has a couple of new complexes and condos going towards 5 and lenox close to mt morris park.

Up on 122 and madison the hospital was converted to luxury condos.

If I was staying on the east side I would live on madison ave above 112 street.

[frenchy93]

any sign of gentrification on 118th st and further north?