Harlem Heights: Two 26-Story Towers Shuffling Onto 125th Street Above Victoria Theater
It’s the biggest show on the block since James Brown played The Apollo.
At the end of August, Danforth Development announced that it had found a partner to move forward with its plans to develop two 26-story towers above the century-old Victoria Theater. The project has been in the works for years now, a pet project of local politician Keith Wright. A new hotel and apartment building are meant to sustain a clutch of cultural institutions on the first few buildings of the complex, and things were well underway until the recession hit.
Now, Exact Capital is pitching in $100 million to get the project off the ground. Way off the ground. Read More
