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To: RealMuLan who wrote (24298)2/24/2005 4:21:13 PM
From: RealMuLan  Respond to of 116555
 
Real Estate Is Still Surging in Harlem, a Study Finds
By DENNIS HEVESI

Published: February 23, 2005

The Harlem real estate renaissance rolls on - and the numbers show it.

Sales of condominiums and co-ops above West 116th Street and East 96th Street reached 5.5 percent of all sales in Manhattan last year, according to the Prudential Douglas Elliman Manhattan Market Report, compared with the 3.6 percent share it held in 2003.

By comparison, the downtown loft market was 9.4 percent of all sales in Manhattan, up from 8.1 percent the year before.

nytimes.com