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Harlem 125th Street Picks Up Momentum
The pace of transformation of Harlem's 125th Street is picking up speed, attracting developers and retailers who want to be part of the thoroughfare's accent. Earlier this month, developer Greystone & Co. paid 11.5 Million through a bankruptcy auction to buy a group of lots facing East 125th Street and a parcel on East 126th Street. Greystone said it inteds to build a mix of about 75 market-rate and affordable apartments with retail on the ground floor. Read More
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Major Branding Opportunities on 125th
On December 8th and 9th, the 125th Street BID traveled downtown to participate in the ICSC Deal Making Conference at the Javits Center. Special thanks to Aloft Harlem Hotel representative, Aquaria Harley who assisted in manning our booth. The BID showcased new developments and retail opportunities with a large stand alone banner and a takeaway handout that also included a development summary and a 3 year annual comparison of pedestrian footfall counts in our district. CBRE, Lee and Associates, Winick, L&M and others were showing conference attendees available retail for lease on the ground, lower, second and third floor levels.
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PEDESTRIAN COUNTS
125th Street
Recording Area: 125th Street South West Corner of Frederick Douglass Blvd.
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Weekly Count Below:
Week of December 1 - December 7
77,130 total visitors this week
+40.6% change from same week in the previous year.
Weekly Performance
The total customer count for the Week beginning 1-DEC-2014 changed by 2,628 from the previous week. Total count for portfolio as a whole changed 0.42%. The highest hourly customer count for the Week beginning 1-DEC-2014 were achieved on Thursday at 12pm.
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