very interesting model here. heard that there is something similar going on in bed stuy, but im not sure if that's with renters. i'd feel better about the harlem retrofits if they worked to turn over ownership to the tenants, or least 20 years leases for the tenants.
Some blocks get all the history. West 135th Street in Harlem, between 7th Avenue and Lenox, was one of the proudest blocks in the neighborhood during Harlem's glory years. In 1910, the St. Philip's Episcopal Church -- the wealthiest of uptown's black churches during that period -- bought the block of homes on 135th Street, with the intention of renting them to parishioners. At the time, the row of stately townhomes were the first buildings that far uptown to belong to an African American landlord. The block was later the home (and one of the main subjects) of the famed photographer James Van Der Zee. These days, the block is notably worse for wear, but headed for another encounter with New York City history. As Stephen reported earlier this year, The Rose Smart Growth Investment Fund purchased West 135th's 198 units of housing (and 4,500 square feet of ground floor retail) back in December 2008, with the intention of giving the entire block a top-to-bottom green overhaul. The planned greening of 135th Street the most ambitious residential green retrofit project in New York City to date, by a longshot.
Some blocks get all the history. West 135th Street in Harlem, between 7th Avenue and Lenox, was one of the proudest blocks in the neighborhood during Harlem's glory years. In 1910, the St. Philip's Episcopal Church -- the wealthiest of uptown's black churches during that period -- bought the block of homes on 135th Street, with the intention of renting them to parishioners. At the time, the row of stately townhomes were the first buildings that far uptown to belong to an African American landlord. The block was later the home (and one of the main subjects) of the famed photographer James Van Der Zee. These days, the block is notably worse for wear, but headed for another encounter with New York City history. As Stephen reported earlier this year, The Rose Smart Growth Investment Fund purchased West 135th's 198 units of housing (and 4,500 square feet of ground floor retail) back in December 2008, with the intention of giving the entire block a top-to-bottom green overhaul. The planned greening of 135th Street the most ambitious residential green retrofit project in New York City to date, by a longshot.
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