Real Estate News from December 2013

  • Are De Blasio's Legislative Choices Too Safe? By Peter Black | December 30, 2013

    During his campaign, Bill de Blasio vowed to transform the face of New York City, overhaul its government, and crush every visage of Bloomberg’s diversionary, wealth-coddling policies.

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  • Elegran's Top Stories of 2013 By Ryan Daley | December 30, 2013

    2013 will be considered the year Manhattan luxury real estate bounced back in a big way. After years of steady growth, the market in Manhattan hit it's biggest year since 2007, with 1,372 contracts of $4 Million or more, totalling $10.9 Billion in sales.

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  • Rumors of a Starbucks are Brewing in Williamsburg By Olivia Smedley | December 27, 2013

    In Manhattan, you can’t go two blocks without seeing one. Its coffee cups are a chic accessory for celebrities. It is a studying, reading, and socializing space of choice for many people, and it is coming to a neighborhood of endless development. Yes, Starbucks is making its way to Williamsburg.

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  • Orchard Street is Back in Full Bloom By Shwetha Ravishankar | December 27, 2013

    Spread across eight city blocks between Division Street in Chinatown and East Houston Street on the Lower East Side, Orchard Street is today a little neighborhood in transition mode.

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  • A Look at the One Madison Penthouse By Peter Black | December 26, 2013

    One of the most epic penthouses of all time recently hit the market. Floors 58-60 at One Madison are 7,000 square feet of opulence in the center of Manhattan. 360 degree views abound in this gargantuan glass box of luxury. To the North, the Empire State Building basks in all its glory.

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  • A Room With A View: Hotels On The Rise Around Lower Manhattan By Shwetha Ravishankar | December 26, 2013

    Lower Manhattan has been the buzz of the town, since the day a plane crashed into the Twin Towers, to this day, when proud New Yorker’s look up to the now complete Freedom Tower. Staying strong and bouncing back is what New York and New Yorkers are all about. In keeping with the spirit, dozens of developers have set their eye on the growing hotel boom in Lower Manhattan. 

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  • $1.1 Billion Expansion Plans For The Lower East Side By Bryan Gamble | December 24, 2013

    The city announced a $1.1 billion expansion plan on a large piece of land in the Lower East Side, along Essex and Delancey Streets. With the Lower East Side seeing a burst of new businesses, restaurants, and plans for a Low Line park in the talks, the gentrification of the Lower East Side in the past few years has been consistent. The announcement was made after close to 50 years since public housing that once stood on the Seward Park Urban Renewal Area (SPURA) was demolished.

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  • The Garment District Settles On A Name: The Old One By Olivia Smedley | December 24, 2013

    Although the Garment District hasn’t been known for its flourishing fashion impact as of late, it has been announced that it will not be going through the name change process. For about a year, the garment district has been planning to rebrand the rectangular section of Manhattan, which included, at the time, a different name.

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  • From Pope Hat to 3D Puzzle: The New Design for a Chelsea Condo Building By Bryan Gamble | December 18, 2013

    After several years of bemusing, angering and enticing people in Chelsea, the “Pope Hat Building” design has been scrapped to the disappointment of the fans it had accumulated. Architect Carlos Zapata’s infamous design for a condominium building was deemed “the Pope Hat Building” for its curvilinear structure that shaped into a pointed oval, making it vaguely resemble a mitre.

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  • Thirty Years in the Making: 50 West Street By Bryan Gamble | December 18, 2013

    Long awaited 50 West Street has been three decades in the making, but it’s finally starting to make headway. The project has gone through several revisions.

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