This developer is seeking $91 million sellout at Hancock Place site. The site of 362 West 125th Street provides an interesting microcosm of the history of Harlem: It got its start as a live theater at the turn of the twentieth century, only to transition to a cinema and then to a church. In its most recent chapter, developer Chaim Nortman bought the site for $28.5 million in 2016. Shortly after, he demolished the four-story building and announced grand plans for a 12-story residential building to rise in its place. Construction is in progress. https://therealdeal.com/2018/10/25/this-developer-is-aiming-for-a-91m-sellout-for-a-harlem-condo-project/