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Real Estate Showcase - Hot Properties

“Whether you're just curious about real estate or actively looking, check out the Real Estate Showcase, where we feature some of the hottest properties on the market that you need to know about. From the tri-state area and beyond, we do the legwork to present the short list of the best of what’s out there. Click here to find out what we’re spotlighting in this week’s showcase.”

 
 


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neighborhood profile
Morningside Heights
 
The Union Theological Seminary with Teacher's College in the background. (Photo courtesy of morningside-heights.net)
 
The basics: Many buyers are affiliated with Columbia or St. Luke’s, or they’re families priced out of the downtown market who need the space,” says Barbara Good, Halstead Property senior vice-president. The area is also popular with first-time buyers, who come for the reasonably priced one-bedrooms: “A lot of Columbia students buy around here, or rather, their parents buy for them,” says Ann Guttman of Coldwell Banker Hunt Kennedy.

Boundaries: The area from about 106th Street to about 123rd Street between Morningside Park and Riverside Park on the Upper West Side of Manhattan.

Borders: Upper West Side and Harlem

Subway stops: 1 or 9 to 116th Street

 

 OUTLOOK

What's new: There are few recent conversions in the area—not counting the twelve-story faculty-housing-and-prep-school complex Columbia is building on 110th Street and the post-doc housing that’s springing up at 103rd and Broadway. That said, you’ll find newly renovated, high-end co-ops in the Manhasset, the mansard-topped building that occupies an entire block of Broadway between 108th and 109th Streets, selling for top market prices.

Bargain hunting: To find the best deals, head east of Broadway and west of Central Park West. You can also score in the non-doorman buildings from 121st to 123rd Streets.

Prediction: This area, newly colonized by Upper West Siders escaping to the north, felt last year’s drop-off. But one-bedrooms are selling well, says Guttman. (Must be all those Columbia grads.) Riverside Drive’s big prewar buildings with views of the Hudson tend to hold their value best. Columbia’s incentives for staff to move toward Harlem may boost prices to the east.

— Profile from the March 10, 2003 cover story of New York Magazine

 
 
 
APARTMENT PRICES
TO BUY
2001
2003
Studio/1BR $150K-$350K $180K-$425K
2BR $300K-$600K $400K-$700K
Family Apt. $850K-$2.5M $880K-$2.5M
     
TO RENT
2001
2003
Studio/1BR $1,200-$2,000 $900-$2,300
2BR $1,800-$2,500 $2,500-$3,200
Family Apt. $1,900-$3,300 $3,500-$5,000
NEIGHBORHOOD BROKERS
Coldwell Banker Hunt Kennedy
Harlem Homes
Harlem Shops Directory

BEST CITYWIDE BROKERS
Brown Harris Stevens
Douglas Elliman
Corcoran
Halstead
COMPARE THIS NEIGHBORHOOD...
How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
NYC.gov
 RELATED FEATURES
Best of NY: Above 103
(March 25, 2002)

Real Estate 2001: Upper West Side
(March 12, 2001)

THE SCENE
Dining
107 West: The fried chicken beats its competition at almost all the southern-food meccas up here.
2787 Broadway, between 107th and 108th Sts.; 212-864-1555 or 107west.com

Kitchenette Uptown
: Much roomier uptown spinoff of the venerable TriBeCa comfort-food cottage.
1272 Amsterdam Ave. between 122nd and 123rd Sts.; 212-531-7600

Max SoHa Old-school Italian .
1274 Amsterdam Ave., at 123rd St.; 212-531-2221

Toast: Popular Columbia hangout offers soups and salads to students and scholars.
3157 Broadway between Tiemann Place and LaSalle St.; 212-662-1144

More Morningside Heights Restaurants

Drinking

Ding Dong Lounge: If you're looking for some live punk.
929 Columbus Ave.; 212-663-2600

Smoke Jazz Club and Lounge
: More like a living room than like a club, with intimate comfort and finest acoustics.
2751 Broadway; 212-864-6662 or smokejazz.com

SoHa
: A dark, dusty lounge "South of Harlem" for casual gatherings and cheap drinks.
988 Amsterdam Ave.; 212-678-0098

The Abbey Pub: A quiet, relaxed and spacious retreat for Columbia students.
237 W. 105th St., between Broadway and Amsterdam Aves.; 212-222-8713

More Morningside Heights Bars

Shopping
Bank Street Bookstore: A full-time, completely knowledgeable staff run this children's bookstore.
610 West 112th St.; 212-678-1654

More Morningside Heights Shopping


RECOMMENDED SITES
 Precinct 26 Morningside Heights, Hamilton Heights, West Harlem, and Manhattanville
520 West 126th Street, 212-678-1311

Morningsidepark.org: A volunteer community-based coalition of residents and institutions dedicated to preserving and improving one of Manhattan's most important historic parks.

St. John the Divine: The world's largest gothic cathedral does community outreach, hosts artistic events and religious services.
1047 Amsterdam Ave. at 112th St.; 212-316-7540 or stjohndivine.org