New Harlem Condo

Research shows that great views increase the value of a condo unit - according to a recent report, by up to 60%. This is a key differentiator in a crowded market - we all understand intuitively that, other things being equal, a buyer would choose an apartment with a superior view. This of course allows the better view to command a higher price.

In New York City, real estate watchers surely remember the negative effect on the Lincoln Towers buildings when their view was obstructed by the new Trump Towers on Manhattan’s West Side.

Fifth on the Park (www.5thonthePark.com) luxury condos in Harlem offer what is essentially a huge value for free - their condos with spectacular Manhattan views. These apartments already offer excellent value for Manhattan, and with no comparable building in the neighborhood, the price can’t be said to be inflated by the views.