Printer Friendly
The Free Library
14,709,857 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Demand from workers driving Harlem developer's expansion.


One of Harlem's most prolific developers, the Migdol Organization, which specializes in the renovation and restoration of multi-family properties in Harlem and the South Bronx, announced the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
 of its headquarters to 2280 Adam Clayton Adam Charles Clayton (born 13 March 1960 in Chinnor, Oxfordshire, England), is the bass player of the rock band U2.[1] A British citizen, Clayton has resided in Dublin county since the time his family moved to Malahide when he was five years old.  Power Jr. Boulevard, at the intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another.

intersection

a site at which one structure crosses another.
 of West 134th Street.

Additionally, the firm has opened a three-story satellite office one block south at 2272 Adam Clayton Powell Adam Clayton Powell can refer to:
  • Adam Clayton Powell, Sr. (1865–1953), pastor
  • Adam Clayton Powell, Jr. (1908–1972), politician and civil rights leader
  • Adam Clayton Powell III (born 1946), son of Adam Clayton Powell, Jr.
 Jr. Boulevard to accommodate Midgol's residential sales division as well as its finance division, which offers Harlem residents discounted mortgage loans through a joint venture with Wells Fargo Wells Fargo

armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147]

See : Protectiveness


Wells Fargo

company that handled express service to western states; often robbed. [Am. Hist.
.

Formerly located at 2269 First Avenue at East 117th Street, the relocation represents a substantial expansion for The Migdol Organization led by president Jerry Migdol, which is very much in growth mode.

Migdol purchased the 5,056 s/f building from the Griffin-Peters Funeral Home Corp. for $1.05 million, then proceeded to gut renovate the property converting it to offices with an apartment on the upper two floors.

"We are now in a position to service Harlem residents with homeowners loans in conjunction with Wells Fargo at substantially reduced rates," said Migdol.

"Demand from our constituents, the workforce--policemen, firemen, teachers and government workers, who have to live within the City limits to do their jobs--has driven this new arm of our business, which complements our residential brokerage, property management, and construction capabilities."

The Migdol Organization acquired the 2280 Adam Clayton Powell Jr. Boulevard with air rights last year. Historically noteworthy, in the 1930's it was home to the legendary Hotcha Bar & Grill where Billie Holiday Billie Holiday (April 7, 1915 – July 17, 1959), born Eleanora Fagan and later nicknamed Lady Day (see "Jazz royalty" regarding similar nicknames), was an American jazz singer, a seminal influence on jazz and pop singers, and generally regarded as one of the  used to perform.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 23, 2006
Words:259
Previous Article:C&W report shows new age of trade changing US cities.
Next Article:Retail condo sold in red hot SoHo.(Shulsky Properties acquires retail store buildings from Resolution Capital)(Brief article)
Topics:



Related Articles
With tenant, industrial park blooms in Bronx. (New York Flower Mart Inc. leases five-acre parcel from developers of Harlem River Transportation and...
Harlem now seen as island's final frontier.(real estate development flourishing)(Brief Article)
Newmark New Spectrum's Fox: retail is where the action is.(Benjamin Fox of Newmark New Spectrum)(Industry Overview)
Educating buyers pays off for Halstead in Harlem.(Residential: marketing & brokerage)(Norman Horowitz appointed for Gateway Condominium)
Warburg tapped for Harlem properties.(Warburg Realty Harlem's lease contract)(Brief Article)
Firm getting clothes for comfort.(Dwelling Quest donations for hurricane victims)(Brief Article)
North Harlem corridor is now coming full circle.(INSIDERS OUTLOOK)
Developers eye prime site on Harlem River Dr.(Besen and Associates, Inc)(Brief article)
Bloomberg backs plans for builders tax reform.
New York City retail market continues full steam ahead.(RETAIL)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles