Tahl Propp Equities donates $320,000 to Harlem Academy for expansion
In efforts to further the growth and expansion of Harlem Academy, a Harlem-based independent school for underprivileged children, Tahl Propp Equities, one of Harlem's leading owner/developers, has donated $320,000 to the Academy following the renewal and expansion of its space at Fifth Ave. Place.
Fifth Ave. Place is a two-building, 215,000 s/f apartment/retail complex located on two full block fronts between 111th and 112th Sts. on both sides of Fifth Ave., just above Central Park.
"We are delighted to invest in the continued growth of Harlem Academy," said Rodney Propp, chairman of Tahl Propp. "The Academy is an invaluable resource for the community and we are committed to its future success."
"We are honored to be able to support the Academy in achieving that objective," said Joseph Tahl, president, and Propp's partner, who added that the Academy intends to expand by 40% to a total of 6,800 s/f at 1330 Fifth Ave.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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