Morningside Heights is the academic quarter of New York City. It stretches irregularly from north of 96th Street to about 123rd Street between Morningside Park and Riverside Park on the Upper West Side of Manhattan.

From the top of a 135-foot bluff, it overlooks the Hudson River on one side and Harlem on the other. It is about 15 minutes from midtown Manhattan by subway. With apartments on the "Gold Coast" of Riverside Drive selling for well over $1,000,000, Morningside Heights is one of the more desirable residential neighborhoods in Manhattan.

The Ariel, two new luxury residential towers across the street from each other at 99th & Broadway are currently being erected. One tower will be 31 stories tall and have 73 units, the other will be 37 stories tall and have 65 units. The Ariel is selling family sized apartments with 2 bedrooms starting at $1,500,000.

Ariel East on Broadway is going up next to the famous Metro Theatre. This jewel of a neighborhood movie house gained landmark status because of it's handsome glazed-terra-cotta Art Deco facade and beautiful neon marquee. Unfortunately only the outside of the building has landmark status. The inside space is currently available for rent to a store. The theatre is nestled between two high rise buildings. The new 37 story glass Ariel to the north and the 17 story 1930 Art Deco co-op The Trafalgar at 233 W. 99th Street to the south.

    Ariel Condos East & West      

 

 

            <- Metro - Ariel ->

 

 

 

 

 

New condos at 455 Central Park West between 105th and 106th Street is a restored French renaissance style chateau building originally built in 1887 as a cancer hospital. The building has 5 round turrets because at the time it was built corners were thought to harbor germs.  A new tower was added to the original building in 2004. Columbia University bought 15 floors in the new building.

Another new condo was recently built at 110th and Broadway and another new building Avalon Morningside Park a new rental building going up at Morningside Drive and 110th Street will have a 2 story glass entrance. 59 of the 296 units will be reserved for low income households.

Columbia University has been building new luxury buildings along Broadway. Columbia owns 7,000 apartments, for professors, staff and graduate students as well as several undergraduate dorms and converted apartment buildings in the neighborhood.

Columbia has plans to expand the campus from Morningside Heights to include 17 acres from 129th St. to 133rd Street in West Harlem. The expansion plan will take 25 years with phase 1 to be completed by 2015.

A new kind of urban academic community for the next quarter century gradually will be woven into the fabric of the surrounding community according to Columbia. The new development will utilize and convert some existing manufacturing plants in the Manhattanville industrial section including The Studebaker plant. Open public roads and spaces through the Manhattanville campus will connect West Harlem to the Hudson river waterfront.

   Columbia University Campus from a 1915 postcard                    

                                        Columbia Campus today

 

 

 

 

 

 

Morningside Heights is currently home to about 35,000 people, and over the years has housed a long list of famous individuals, intellectuals and students, charming bookstores, cafes and bars as well as world-renowned institutions, including: 

  • Columbia University                                                                                                      Grant's Tomb
  • Barnard College
  • Union Theological Seminary                                                                            
  • Jewish Theological Seminary                 
  • Bank St. College of Education
  • Manhattan School of Music
  • Cathedral of Saint John the Divine
  • Riverside Church
  • Grant's Tomb

                                              Riverside Church

 

Morningside Heights by the numbers: (source Miller Samuel data of Morningside Heights and Hamilton Heights)

Morningside Heights increased 42.6% with average sale prices increasing from $355,157 in Q4 2005 to $506,3555 in Q4 2006.

Average Sale price:                  4Q-05 $355,157 - 4Q-06 $506,355

Median sale price:                    4Q-05 $242,000 - 4Q-06 4415,000     +71.5%

Average price per square foot:  4Q -05 $520 - 4Q-06 $529      +7.5%

Manhattan Neighborhood Real Estate Market Reports:

A blog series courtesy of:  Mitchell Hall, Associate Broker, The Corcoran Group

Harlem

Morningside Heights

Upper West Side

Chelsea

Clinton / Hells Kitchen

Greenwich Village

SoHo

Tribeca

Battery Park City

©Mitchell Hall 2006-2009

 

10 Comments on Manhattan Neighborhood Market Report: Morningside Heights Real Estate Guide

MAR
12
2007

hello mitchell...

had a quick question since you seem to have lots of manhattan expertise....

if i were to buy new tribeca 1BR   how much /sq ft is average???  not a great view but im always interested in hearing what local brokers say about the area

thanks

ed (edleeremax@hotmail.com)

12:49am • #1
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Ed,

In 4Q-06 the average price per square foot in Tribeca was $1,332. Most spaces in Tribeca are lofts.

9:37am • #2
110,135 Points 26 Featured Posts Localism Sponsor Outside Blog

Hi Mitchell,

It's interesting to me how all the academia is located in one spot. Well not all, but certainly a lot of it! John Jay is in Tribeca yes?  Very interesting, as always :-)

12:30pm • #3
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Hi Carole,

NYU and the art schools are in the village. Columbia is Ivy League, it has been there for more than 300 years. New York was a colony.

John Jay is on 11th Ave at 60th St. Where Clinton ends and Upper West Side begins. 11th Avenue becomes West End Avenue at 60th street. I walked by it yesterday.

1:27pm • #4
MAR
13
2007

Why do you say "unfortunately the theatre has landmark status". What makes a neighborhood great is it's past history and historical buildings, even if only it's facade. Learn about Art Deco preservation efforts around the country and perhaps you will realize understand how lucky you are to still have the marquee in tact!

Sharon Koskoff

founding president Art Deco Society of the Palm Beaches

http://communitylink.palmbeachpost.com/groups/artdeco

Sharon Koskoff
3:47pm • #5
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Sharon,

I said: "Unfortunately only the outside of the building has landmark status". I believe the inside should have been saved as well. The interior had recently been restored, was revived as an art cinema and now it is going to be gutted and divided into a drug store and or a supermarket.

The Art Deco buildings in Palm Beach are gorgeous and they are being utilized in an arts capacity.

I've been a supporter of Landmark West and the Municipal Art Society for the past 20 years. Yes, we are lucky that the building can not be razed.

My point was that it should remain as a theatre or at least keep the integrity of the original use. Having a neighborhood theatre particularly a beautiful one also makes a neighborhood great.

5:40pm • #6
MAR
15
2007
453,711 Points 13 Featured Posts Localism Sponsor Outside Blog
Mitchell all I can say is that I alway look forward to your post and the tour you give of the NYC area.  I get the sense you are really into history.  You are someone I can reference as a person who really knows his market place.  If I get questions about the area I will certainly refer people to your blog.  Thanks again for the time effort and thought you put into each post.
7:08am • #7
154,113 Points 18 Featured Posts Localism Sponsor Outside Blog
Thanks Jennifer, I appreciate you stopping by and your nice comment.
10:39am • #8
JAN
27
2008

Hello Mitchell,

A further correction on John Jay. I actually live diagonally across from it and the main entrance is on 10th between 58th and 59th although they do have the back lot which they seem to be building on 11th. I'm adjacent to St. Lukes Roosevelt hospital. I have to say that John Jay's main building had wonderful architectural detail at roof-view level. Living across and appreciating its lit-up roof at night is fantastic at eye level just across from it. It's like living across from a beautiful British stately home. That's the problem with new architecture -- the lack of ever building anything truely distinctive anymore. It's important to treasure these landmarks. That said, I'm glad that the new buildings will revitalize the economics of the west side--as long as they don't tear down great old buildings, get too high in the sky, or monopolize the look of New York City I guess it's OK. 

A.R.T.
10:50pm • #9
JAN
28
2008
154,113 Points 18 Featured Posts Localism Sponsor Outside Blog
Hi A.R.T. Thanks for stopping by and correcting me. Yes John Jay is on 10th Ave and it is a very beautiful building. There certainly are a lot of new glass tower buildings going up where you live.
7:59am • #10

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