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A blog from CityRealty (Links below will take you to the 6sqft site)

Carter's View

Marketing has started for "5th on the Park," a 28-story, mixed-use building at 2 East 120th Street that occupies the block between 119th and 120th Streets and Fifth and Madison Avenues.

It is across Fifth Avenue from the Marcus Garvey Park, which is also known as Mount Morris Park, in Harlem.

The 310-foot-high building, now under construction, also has the address of 1481 Fifth Avenue and 1-7 East 119th Street and is on the site of the Bethel Gospel Assembly, which will occupy 38,000-square feet in the new building with an 1,800-seat sanctuary.

The building will have 26 residential floors with 47 of church-owned, affordable rental apartments and 147 of condominium apartments. The church and the rental units will have entrances on 119th Street where the building has five setbacks.

Uptown Partners LLC, of which Eytan Benjamin is a partner, Artimus Construction Inc., and Phoenix Realty Group are the developers.

FXFowle is the architect.

The project will have a setback at the sixth floor with a lap pool, landscaped garden, outdoor deck, fitness center and media room. It will also have a 117-car garage with 24-hour parking attendant.

The condominiums will have a 40-foot-high lobby with a mobile sculpture by Tim Prentice, a day and a evening doorman and a 24-four concierge. The building will also have bicycle storage and a community room. Apartments will have Brazilian cherry hardwood floors, Kitchenaid or GE Monogram kitchen appliances, vented washers/dryers and central air-conditioning.

Phoenix Realty Group is a national real estate investment firm founded by J. Michael Fried, an attorney formerly with Proskauer Rose and a co-chair of the Affordable Housing Roundtable, Keith Rosenthal, formerly the founder and president of Lehman Housing Capital, the first tax credit syndication firm on Wall Street, and Ron Orgel, who was formerly with Lehrer, McGovern & Bovis, Inc. Artimus Construction Inc., is a development and construction company founded in 1979 that has completed 38 projects in the New York City area including 18 in Harlem. Uptown Partners LLC was founded in 2001 and is presently completing The Lenox, 12-story condominium apartment development on Lenox Avenue at 129th Street.

A 573-square-foot studio apartment on the 10th floor is priced at $400,600. A one-bedroom apartment with 893 square feet on the 12th floor is priced at $648,300. A two-bedroom apartment with 1,296 square feet on the 12th floor is priced at $1,012,100. A two-bedroom unit on the 28th floor with 2,011 square feet and 1,360 square feet of exterior space and east, north and south exposures is priced at $2,342,500.

Bethel Gospel Assembly was founded in 1917 and the next year moved into a storefront at 116 Bradhurst Avenue. In 1923, it moved to 255 West 131st Street and in 1947 it moved again to 36-8 West 123rd Street and eventually it moved to the former James Fennimore Cooper Jr. High School at 2-26 East 120th Streeet.
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Additional Info About the Building

 
Architecture Critic Carter Horsley Since 1997, Carter B. Horsley has been the editorial director of CityRealty. He began his journalistic career at The New York Times in 1961 where he spent 26 years as a reporter specializing in real estate & architectural news. In 1987, he became the architecture critic and real estate editor of The New York Post.
Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
Luxury Homes in Midtown | Newly Renovated Studio-2BR Homes View Property
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