As virtually all areas of Manhattan below 96th Street have seen the emergence of high-end luxury condominium development, this sort of residential development is now expanding into new frontiers in the city, such as the neighborhood of Harlem. 5th on the Park, a new construction condominium development to be completed in summer 2008, is one of the two largest 100% market-rate luxury condo developments in Harlem. 5th on the Park boasts all of the high quality finishes and amenities one associates with a top tier condominium development in New York City. The building features a 40 foot high art-filled atrium lobby, 24-hour doorman and concierge, drive-in valet parking, a 55-foot lap swimming pool, luxurious and spacious indoor and outdoor common spaces, and a state-of-the-art fitness center amongst many other amenities.

5th on the Park is the first condominium development in Harlem that is truly on a par with the very finest developments elsewhere in Manhattan. Due to the quality of the construction and design, the level of amenities, and the low carrying costs, New York Residence recommenda the building as an excellent opportunity for the local or international investor willing to make a long term investment in an emerging neighborhood very much on the upswing.