East 96th Street, particularly near Second and Third Avenues, underwent significant gentrification in the late 1980s. By 2005, a wave of speculation for Harlem real estate pushed a corridor of luxury condos and co-ops up First Avenue from 96th Street as well. The construction of the Second Avenue Subway, which built a station on the street, disrupted lives and businesses along 96th Street, but its opening in January, 2017, was expected to further increase residential and commercial development in East Harlem, as well as increasing housing value in Yorkville.