New York Real Estate Journal

Carthage Real Estate Advisors celebrates ground <br> breaking for 168-unit Marcus Garvey Village

July 11, 2023 - Owners Developers & Managers
Shown (from left) are: Mark Levine, Manhattan borough president; Carmen Neely, Harlem Center president;
Shaun Abreu, New York City council member; Ed Poteat, managing partner, Carthage Advisors;
Erik Bottcher, New York City council member; and Al Taylor, Office of NYS assembly member.

Manhattan, NY Carthage Real Estate Advisors hosted a ceremonial groundbreaking event to celebrate the construction of 212 West 124th St. at Marcus Garvey Village, comprising Central Harlem’s first 100% affordable multifamily rental in over a decade.

More than 150 community members and elected officials attended the event, including Manhattan borough president Mark Levine, assemblyperson Keith Wright, assemblyperson Al Taylor, councilmember Sean Abreu, and councilmember Erik Bottcher. In addition, Carmen Neely, president of Harlem Pride, drew a large crowd of constituents applauding the new home of the Harlem SGL-LGBTQ Center, which is being built on the first floor of the building.

Shown (from left) are: Keith Wright, director of strategic planning, government affairs
group/former NYS representative; Carmen Neely, Harlem Center president;
Ed Poteat, managing partner, Carthage Advisors; and Al Taylor, Office of NYS assembly member.

“This project has been my dream for more than 25 years, starting when I was co-chair of the Housing Committee for Community board 10,” said Edward Poteat, president of Carthage Real Estate Advisors. “I especially want to thank the visionary team at NYCHDC for their support on every level! It was thrilling to see so many well-wishers at the event who helped make this a reality, including several of our most esteemed elected officials.”

When completed in November 2024, the 20-story residential tower will feature 168 studio-, one bedroom, two bedroom- and three-bedroom apartments. In addition to light-filled apartments, there will be a residents’ roof deck with separate performance space for community artists.

Developed by Carthage Real Estate Advisors and designed by Body Lawson Associates Architects & Planners – both MBE firms – and Fischer + Makooi Architects, when completed in 2025, Marcus Garvey Village will consist of three rental towers, of which two will be 100% affordable.