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Harlem is Treetop's Darling

NEW YORK CITY-Believing in the area's future, and compelled by its value, Treetop is making several moves in Manhattan's upper reaches.

By Rayna Katz | Updated on July 08, 2013

NEW YORK CITY-Treetop Development appears to have its sights set on upper Manhattan. The company announced it is planning to close later this month on an acquisition of a portfolio of twelve buildings totaling 130 homes.

That move would come in the wake of Treetop acquiring its sixth rental building in the greater Harlem area over the last 12 months. The company recently announced the $13.6 million purchase of 17-27 W. 125^th St., a 50-unit apartment building. That deal follows in the footsteps of the acquisition of more than 250 rental units in five buildings along 7th and 8^thAvenue between 125^th Street and 130^th Street.

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