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$67M Harlem groundbreaking.


New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, state and federal officials including U.S. Representative Charles B. Rangel Charles Bernard "Charlie" Rangel (born June 11, 1930) is an American politician. He has been a Democratic member of the United States House of Representatives since 1971, representing the Fifteenth Congressional District of New York (map) Rangel's district, the smallest in the , State Senator David A Paterson, Manhattan Borough President C. Virginia Fields C. Virginia Fields is the former Borough President of Manhattan, elected in 1997 and reelected in 2001. Her term expired in January 2006.

C. (Clara) Virginia Fields was born in Birmingham, Alabama circa 1946 and received her B.A.
, Assemblyman Keith L. T. Wright Honorable Keith L. T. Wright is a member of the New York State Assembly in New York, United States.[1] He was first elected to the assembly in 1992 and has been reelected ever since. , and a host of business, housing and community leaders joined The Greater Harlem Chamber of Commerce for a special groundbreaking ceremony to celebrate the start of construction for Strivers Gardens, a dynamic, $67 million, mixed-use development on Frederick Douglass Boulevard between 134th and 135th Streets.

The Greater Harlem Chamber of Commerce also made a surprise announcement dedicating the complex garden area in honor of Congressman Rangel.

Situated in one of New York City's most historic cultural and residential districts, Strivers Gardens will be home to 170 luxurious one, two and three-bedroom condominiums and approximately 37,000 square feet of retail and office space. Construction is expected to be completed in 2005.

"Harlem is experiencing an economic reawakening reawakening ndespertar m

reawakening nréveil m

reawakening nWiedererwachen nt
 that rivals its well-documented cultural, arts and entertainment renaissance of the 1920's, '30's and '40's," said Lloyd Williams, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Greater Harlem Chamber of Commerce, the Community Project sponsor that is the driving force behind. Strivers Gardens.

Located within one block of the City College of New York “City College” redirects here. For other uses, see City College (disambiguation).
CCNY was the first free public institution of higher education in the United States[3]
 and a half block from the reconstructed St. Nicholas Park St. Nicholas Park is a New York City public park located in Harlem at the intersection of Manhattan neighborhoods Hamilton Heights and Manhattanville. The nearly 23 acre park is contained by 141st Street to the north, 128th Street to the south, St.  and the 135th Street subway station, Strivers Gardens is deemed the crown jewel of the Strivers Center Development Project, an initiative aimed at revitalizing and redeveloping the area between West 130th to West 141st Streets, from Convent to Fifth Avenues.

The project is a joint initiative of Manhattan Community Board #10, the Greater Harlem Chamber of Commerce, the Upper Manhattan Empowerment Zone, the Office of the Manhattan Borough President and the Office of the Mayor of the City of New York.

"New York's future, like that of its families, is tied to business investment in our communities and our people," said Rangel. "Strivers Gardens embodies the vision of the Upper Manhattan Empowerment Zone, and I am especially pleased that a group of local investors will own and operate the commercial portion of the development. It is gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to see a cross-section of local residents pool their resources in order to take an equity stake in their community's future."

Strivers Gardens is being developed in part through the ANCHOR Program, a neighborhood revitalization program designed to create newly constructed commercial retail space and units of housing on vacant city-owned land. The program is a joint venture of HPD and the New York City Housing Partnership and focuses on developing commercial corridors, generating private economic activity and creating employment opportunities in underserved communities.

Fleet Real Estate Finance Group will provide the $42.7 million in construction financing for this first of its kind condominium project.
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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Oct 29, 2003
Words:451
Previous Article:Major hotel project slated for Harlem: 585,000 s/f.
Next Article:Oceanfront Asbury, the 56-acre, mixed-use waterfront redevelopment in Ashbury Park, NJ, achieved several key approvals at a City Council meeting.
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