Monday, May 14, 2018

Harlem’s Renaissance Ballroom-replacing condo will debut next month

Condos at the eight-story building will cost $780,000 on average

The condo building that replaced Harlem's historic Renaissance Ballroom and Casino, is now less than a month from launching sales. Despite efforts by local residents to preserve the structure, developer BRP Companies demolished it in 2015, saying at the time that the existing structure was unsalvageable.

Its replacement, The Rennie, is an eight-story building with 106 condos, and has been named after the former ballroom at the site, and for a Harlem basketball team, The Rens, that played at the theater building between 1923 and 1949, according to The Real Deal.

Apartments at the Rennie come in studios through three-bedroom variants though a majority of them are one and two-bedroom homes. Though pricing has yet to be unveiled, a spokesperson for the developer told Curbed that the average cost of an apartment here will be $780,000. Of the total units, 20 percent have been set aside for affordable housing, and those condos will ask between $300K-$350K.

Via BRP Companies
A 3BR model residence at The Rennie.

Apartments here will come fitted with stainless steel appliances, white marble walls, and laundry in-unit. Residents will have access to amenities like a rooftop lounge, a fitness center, and attended parking, among other features.

Construction got underway in 2015, about a year after BRP Companies paid $15 million to acquire the site from Abyssinian Development. The structure topped out in the summer of 2016, and construction has been progressing steadily since. Construction on the condo will wrap later this year.

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