Harlem T-shirts, from the Harlem New York, NY, the Lady Chitra Desai at the 116th St. Marketplace. Then there's Sucio Crash, the Hip Hop smash, who says its hard living in the crash, even in Harlem and the South, South Bronx!!!
Thursday, July 9, 2009
Hard Times in the Harlem Real Estate Market
There are some hard times in the Harlem real estate market. It was nice for a while with the mad rush to rehab old Harlem Brownstones. The price on these homes went up in a couple of years from $500,000 to about $1.4 million. Now the prices are heading back down again. Any Harlem or Bronx NY dude with brains could have figured that at, but it stunned and amazed the New York times in an article they published on July 8th, 2009. After all, their main purpose over the last few years has been to brainwash people into the real estate and other financial bubbles. Now investors are left holding the bag, trying to sell their brownstones for $600,000.
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