The ‘Hamilton’ Effect: Upper Manhattan Real Estate Gets Boost From Musical | DNAinfo

By Amy Zimmer

Hamilton Collage

From left to right, an image of brownstones in Hamilton Heights, Lin-Manuel Miranda and the Hamilton Grange on West 141st Street. (Credits: Flickr, Getty, Flicker)

Lin-Manuel Miranda’s hit musical “Hamilton” is not only making history cool on Broadway, it’s also been a boon for real estate in Upper Manhattan, helping lure crowds to Alexander Hamilton’s home on West 141st Street and giving areas such as Hamilton Heights and Washington Heights a new cachet.

Hamilton’s legacy in the area was the hot topic at the kickoff event last weekend for the Real Estate Board of New York’s 2016 Uptown Open House Expo, where Kevin Draper of New York Historical Tours discussed that the Founding Father selected the hilly terrain in Northern Manhattan to build his 32-acre estate for many of the reasons people today are flocking to these neighborhoods: for more space and for views.

“Having that mansion up there ties it in with what the neighborhood was: the country. Even today, for people looking for more space in Manhattan, it’s still the place to get that,” Draper said. “And he built it for the views, to see the Hudson and East rivers. The guys in the past were thinking of views and fresh air. If they got sick, they believed fresh air was the cure.”

Draper will be speaking again this Sunday, April 17, at an Expo open house event called “Hamilton in the Heights” — which will also include a menu that would have been popular during the era of the fledgling democracy — at a three-bedroom apartment on the market for $1.875 million at 790 Riverside Drive, off of West 156th Street and not too far from Hamilton’s Grange.

Read more: The ‘Hamilton’ Effect: Upper Manhattan Real Estate Gets Boost From Musical | DNAinfo


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