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The Lenox in Harlem nearing completion

August 21, 2006

The 12-story, red-brick residential condominium development at 380 Lenox Avenue is nearing completion and occupancy is expected this fall.

The 77-unit building is known as The Lenox and it occupies the east block front of the avenue between 129th and 130th Streets and is directly across the avenue from another new residential construction project, the 8-story, 19-unit "Lenox Grand" at 381 Lenox Avenue.

The development at 380 Lenox Avenue is a venture of Uptown Partners, of which Joseph H. Holland, a former New York State Commissioner of Housing, Starla Caldwell and her husband, Lewis Futterman, are principals.

The building has a two story limestone base and setbacks on the 8th and 10th floors. The building contains 77 apartments According to an article by Hasani Gittens in the May 30, 2006 edition of The New York Post, the building "set a record for a condo purchase above 125th Street - selling a penthouse unit for $2.4 million" in May.

According to the building's website today, 47 of its 77 apartments have been sold. The available apartments range in price from $763,350 for apartment 10 G, a two-bedroom-two-bath unit with 1,179 square feet to $1,992,900 for a three-bedroom, two-and-a-half bath apartment, 12 J, with 2,289 square feet.

The building has been designed by GF55 Architects of which David E. Gross and Leonard Fusco are partners.

The building has a roof deck, a 24-hour concierge, attended parking, valet service, a fitness center. Many apartments have washers and dryers and each apartment has kitchens with Frigidaire appliances and granite countertops and bathrooms with Kohler fixtures and marble floors and wainscoting.

Mr. Holland's father, Jerome Holland, was an All-American football player at Cornell University who became president of two colleges, ambassador to Sweden and the first black member of the New York Stock Exchange.

The younger Mr. Holland also graduated from Cornell University and then from Harvard Law School and opened the first Ben & Jerry's store in Harlem, was ordained a minister, wrote two professionally produced plays and acted in one of them as a homeless man, according to an article by Teri Karush Rogers in the November 6, 2005 edition of The New York Times. That article indicated that the $9 million equity portion of the $40 million construction cost of 380 Lenox Avenue came from the RD Management Corporation of which Jay Furman is a principal.

The building was highlighted in an article by Julia Vitullo-Martin in the March 2, 2006 edition of The New York Sun as "Harlem's first large, fully market-rate apartment building in decades - building without government subsidies and on 100 percent private land." The article noted that Mr. Futterman and Mr. Holland "bought the development rights from Mount Calvary Church, which had run out of money while trying to build a new church in the 1980s." The article emphasized that conditions have changed in Harlem, which in 1990 "had 243 murders, compared to 42 last year."


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