Wednesday, February 19, 2014

Is Harlem The New Midtown South?

It appears that Midtown South is the new Harlem, according to Janus Property Company.

A major draw? The great subway access, the bountiful restaurants and bars and the old-school charm.

“There is very, very strong demand for office space in the neighborhood,” said Jonathan Fales, a leasing executive at Cushman & Wakefield.

“Between Columbia University’s expansion to the north and City College’s expansion to the south, the Taystee Building is uniquely positioned to attract several spin-offs from both universities," Fales recently told Real Estate Weekly.

The rendered image, which is pictured above, is set to be ready for occupancy by mid-2015.