Posts Tagged With: reverend al sharpton

HOT IN HARLEM

Real estate is finally picking up again in Harlem—so we ventured to uptown to visit with Giscombe Realty Group (which manages over 500k SF in the neighborhood) to find out where the action is.

Founder Eugene Giscombe tells us that there’s an uptick in Midtown retailers venturing north, from smaller businesses like florists and dog groomers to national retailers like M.A.C. Cosmetics, which took space at 202 W 125th, and H&M, which settled at 125 W 125th St. “The haberdashers that have been here for 20 years are now being replaced by a different kind of retailer,” he says. Where there were once only three banks, there are now 19. The retailers are realizing that Harlem is part of Manhattan, he points out. Of course, there are significant discounts: instead of paying $200 to $300/SF downtown, Harlem offers $100 to $110/SF retail rents.

Read more of what’s hot in Harlem at BisNow.

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Obama Heads to Midtown for Speech at Al Sharpton’s Gala

President Barack Obama greets Rev. Al Sharpton in Washington DC in December 2010. (Reuters)

A week after holding a fundraiser in Harlem, President Barack Obama is coming back to Manhattan Wednesday for a brief visit to Midtown that could wreak havoc on the evening commute.

Obama will arrive at JFK Airport at 5 p.m. and immediately make his way to the Sheraton New York Hotel on Seventh Avenue between West 52rd and West 53rd Street for the Rev. Al Sharpton’s annual National Action Network Keepers of the Dream Awards Gala, according to his public schedule.

Read more from DNAinfo.

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