Real Estate News from September 2013

  • Empire State Building Investors Revealed By Olivia Smedley | September 16, 2013

    Malkin Holdings Law Firm, the company that controls the Empire State building, isn’t looking to give it up just yet. With three unsolicited bids to buy the building up to $2.1 billion dollars, it seems they have something different in mind for the landmark.

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  • 767 Third Avenue: Checkmate By Shwetha Ravishankar | September 16, 2013

    A game of chess on the streets of New York is as common as pigeons and sparrows strutting the sidewalks. Players intently watching over their opponents next move, while bystanders gather around is a usual sight in spots like Union Square and Bryant Park, among others.

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  • National Tennis Center Expansion Approved By City Council By Olivia Smedley | September 13, 2013

    At just 35 years old, the United States Tennis Association Billie Jean King National Tennis Center in Queens will soon be getting a facelift. Home to the U.S. Open, the center might finally measure up to the other locations included in the Grand Slam Tournament. The center, which is open to the public 11 months out of the year, now takes up a whopping 46 acres of Flushing Meadows Corona Park. It is leased to the NYC Parks Association by the National Tennis Association and includes 22 courts, plus 11 courts in the park.

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  • Seaport City Proposal Hit by Storm of Skepticism By Bryan Gamble | September 13, 2013

    The effects of Hurricane Sandy are still lingering in New York City as we try to recover and rebuild what was lost. In the wake Sandy, the city is understandably imagining bold means of flood prevention that could once more devastate large portions of the city.

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  • The Vitality of Lower Manhattan By Peter Black | September 12, 2013

    Twelve years ago terrorists flew commercial jets into the Twin Towers. They collapsed, and the entire country grieved. The damage to Lower Manhattan was catastrophic. Although the enormous loss of life was obviously 9/11’s most horrific consequence, Lower Manhattan’s commercial, retail, and residential sphere was also devastated. The Twin Towers were one of the largest commercial real estate centers in the world; their collapse left hundreds of businesses homeless.

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  • Proposed Low Line Raises Support in Lower East Side By Bryan Gamble | September 12, 2013

    Although Manhattan has virtually no room left for new development, especially park development, this has not deterred creative thinkers looking to beautify the city and create new public spaces. The High Line, the famous and ever-expanding park initiative, has long been the poster child of repurposing unused land for a park since its proposal and opening in 2007.

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  • Marking the 12th Anniversary of 9/11: Memories, Memorials, the Museum and more By Shwetha Ravishankar | September 11, 2013

    We mark the 12th Anniversary of 9/11 today - a tragic day that claimed the lives of 3,000 people, and has continued to affect friends, family, and every single visitor that has set foot on the grounds of the memorial ever since.

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  • Citi Bike and the Urban Trend Towards Green and Clean By Peter Black | September 11, 2013

    New York is frequently ranked among the nation’s filthiest cities. Scurrying through a monstrous maze of concrete and glass, throwing Chinese takeout boxes aimlessly into overflowing trash cans, filing like desperate rats into underground metal tubes—these are New Yorkers, and they’re not exactly the embodiment of environmental consciousness.

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  • Fashion, Food, Fotography and More: Your Fall Calendar By Shwetha Ravishankar | September 10, 2013

    We just wrapped up our last summer weekend of 2013, *sigh*, how quick summer flew by! With summer behind us, the gorgeous colors of fall lie ahead, and so does a whole bunch of free Fall events! Get a taste of everything from festivals, fashion, food, photography, art, and more! So lets get right to it.

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  • Elegran Sponsors City Challenge Obstacle Race By Tim Sheehan | September 10, 2013

    September 10, 2013 -- Elegran Real Estate and Development is pleased to announce its sponsorship of the the City Challenge Obstacle Race in Hoboken, New Jersey on October 5th, 2013. The race will take place across 4 miles of the Hoboken waterfront, overlooking the Manhattan skyline. Over the course of the race, participants will navigate over 15 obstacles designed to be fun and push each athlete to their limit! Obstacles include: - Walls to climb over  - Water jugs to carry up stairs 

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