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Uptown
With former President Clinton taking office
space in Harlem, a few Friends of Bill and Hollywood types
are following his cue. Some high-profile shoppers in the
neighborhood: actor Wesley Snipes and poet Maya Angelou.
The 73-year-old author of “I Know Why the Caged Bird
Sings” was outbid on a four-story townhouse that needed
a gut renovation, with an asking price of $475,000. Instead,
she opted for another building in the neighborhood, people
close to the situation say. And just three years after Mr.
Snipes bought a West Village home for $2.4 million, he’s
looking in Harlem, where his fictional character in Spike
Lee’s “Jungle Fever” lived. Despite market
doldrums, bidding wars are still common to Harlem, says
Bob Eychner, of real-estate company Harlem Homes, because
prices are lower than in other parts of Manhattan and there
is a limited inventory. The record for a townhouse: $850,000,
but several are on the market for more.