HNBA January Meeting – Jan. 12, 7:00 PM

On Tuesday, January 12th at 7pm, Join HNBA in welcoming:

  • Liz Crotty on who is running for Manhattan DA
  • Ruth McDaniels who is running to replace Bill Perkins on the City Council
  • Valerie Bradley from the Marcus Garvey Park Alliance

We hope you’ll be able to attend with questions for the candidates. For the Zoom link, subscribe to our blog:

Lee Building for Sale

In 1979, Eugene Giscombe paid $40,000 for the 12-story office building at 1825 Park Avenue known as ‘The Lee Building’ (neighbors now think of this building as the Mount Sinai – hiding under the name Beth Israel -methadone hub of East Harlem).

He was quoted (when selling it recently for $48 million) that, next to marrying his wife, buying the historic Lee Building in Harlem was the best decision he ever made.

The Lee Building
The Lee Building

When Giscombe first purchased the building, it was only 20 percent occupied.  Savanna, the current owner, is asking around $75 million for the early 1900s-era building, or about $555 per square foot.

Tenants include Beth Israel Medical Center (Mount Sinai methadone) and the Metropolitan Transportation Authority, which operates the Metro North Railroad and New York City subway lines that run through the nearby 125th Street station.

Tenants recently signed about 16,000 square feet of leases in the building, including an extension and expansion by Beth Israel and a new lease with Northwestern Mutual.

Black Demographic Increases and Decreases: 1990 – 2016

Black New Yorkers have seen notable losses in population in Manhattan. The most intense increases occurred in southern Brooklyn and Queens, while the largest decreases have been seen in Downtown/Central Brooklyn and in Central Harlem.

Asian/PI Demographic Increases and Decreases: 1990 – 2016

There have been incredible increases in the number of Asian (and Pacific Islanders) New Yorkers living in our city. While there are a few interesting places of decrease (note historic Manhattan Chinatown), the overall picture is one of significant growth. Queens and south west Brooklyn have had impressive increases.

Hispanic Demographic Increases and Decreases: 1990 – 2016

Hispanic New Yorkers have been on the move since 1990. Downtown/Central Brooklyn and East Harlem have lost Hispanics while Queens, The Bronx, and even Staten Island have gained.

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HNBA Holiday Party (tonight at 7pm)

Let’s usher in the holiday season with a Zoom HNBA Party tonight at 7:00 PM.

Subscribe to this blog: to get the Zoom link and we’ll toast to the end of 2020 and (hopefully) light at the end of the tunnel in 2021.

Since 1970

It’s interesting to see how New York’s ethnic/racial composition has changed since 1950. This graph from does a great job of illustrating the evolution:

New York City is the center of the largest metropolitan region in the United States,
encompassing 22.6 million people living in 9.1 million homes across three states, 31 counties,
and nearly 900 hamlets, villages, towns, and cities. The combined economic activity of the
metropolitan region, which covers the Hudson Valley and Long Island in New York, southwest
Connecticut, and northern New Jersey, accounted for approximately 10% of United States Gross
Domestic Product and generated $1.9 trillion in 2017, which would make this region the 10th
largest economy in the world.