Real Estate News from January 2014

  • Super Bowl XLVIII: NYC's Economic Game By Tim Sheehan | January 31, 2014

    This Sunday, the Super Bowl will be held in the New York metropolitan area for the first time in National Football League history. Just across the Hudson River in New Jersey lies Metlife Stadium—home of the New York Giants and the New York Jets. On February 2nd, the Denver Broncos will face the Seattle Seahawks in the NFL’s first Super Bowl played in a cold-weather, non-dome stadium. Though fans of New York teams have no horse (or bird) in this race, Super Bowl week is an exciting time for the City.

    Read More
  • Will The Village be Pillaged by Historic Expansion? By Kamini Ramdeen | January 30, 2014

    In the past month, Greenwich Village Society for Historic Preservation (GVSHP) acquired the largest landmark expansion since 1969. The expansion includes 240 buildings, in a 13 block section located south of Washington Square Park.

    Read More
  • New York City in 2050: What Will It Look Like? By Sophia Polin | January 28, 2014

    Arup Group Limited, a multinational engineering and design firm, recently celebrated the 25th anniversary of its New York office with a brainstorm-- what will NYC be like in the year 2050?

    Read More
  • Inwood Braces for the Starbucks' Effect By Stephanie Fujihashi | January 27, 2014

    New Yorkers, like most other big city dwellers throughout the nation, are a highly caffeinated bunch, reliant on their coffee to get them through their demanding work day. This is evident from the astounding 212 Starbucks Coffee Shops found throughout the island of Manhattan.

    Read More
  • Rental Relief: Cuomo Proposes Tax Breaks For NYC’s Largest Demographic By Tim Sheehan | January 21, 2014

    While New York City’s new mayor still has about 3 years and 11 months left on his term, current New York Governor, Andrew M. Cuomo, is up for re-election in November of this year. As part of his re-election campaign, Cuomo has proposed some $2 billion in tax cuts with housing playing a large role in relief. However, while tax reliefs are often given to homeowners, Cuomo has something different in mind—tax breaks for renters.

    Read More
  • HOW TO BUILD EQUITY IN 2014: WEST CHELSEA NEW CONSTRUCTION By Andrew Warren | January 14, 2014

    In my previous post I discussed the importance of building “instant equity” with a new construction purchase. 

    Read More
  • City OKs Lower East Side Pier 42 Waterfront Park By Tim Sheehan | January 10, 2014

    A planned renovation of Pier 42 in the Lower East Side is now just one step away from becoming a reality. The Mathews Nielsen Landscape Architects Pier 42 project has been given the go-ahead from the Public Design Commission of the City of New York and a subcommittee of Community Board 3. To begin construction, the plan needs the authorization from the complete board of Community Board 3.

    Read More
  • Chibeca: The Tribeca Development Boon East of Broadway By Bryan Gamble | January 03, 2014

    It’s not news that New York City’s recently flourishing real estate market has to do with an influx of luxury residential development but this demand has largely been limited to select areas. However this is slowly changing, in Tribeca at least, where property value has skyrocketed in the area along Broadway over the past quarter of this year.

    Read More
  • Hunters Point South Development Enters Phase Two By Bryan Gamble | January 02, 2014

    The Hunters Point South development project in Long Island City took a huge stride with the partnership of developer TF Cornerstone and the nonprofit Selfhelp Community Services for the project’s second phase. The project, massive as it is, is especially significant because it marks the Bloomberg administration’s largest albeit final housing development project. 

    Read More
  • What's Ahead in NYC Real Estate: 2014 Edition By Ryan Daley | January 01, 2014

    2013 has proven a banner year for New York City real estate, with housing prices nearing pre-recession levels and a multitude of high profile developments drawing buyers from around the world.

    Read More
 

Elegran LLC may or may not be the exclusive listing agent of the properties being displayed on Elegran.com. All data displayed on Elegran.com is presented for informational purposes only and should be independently confirmed by all customers. All Information is compiled from both public and private sources including, but not limited to the RLS, MLS and ACRIS; each of which is assumed to be reliable. All information displayed is subject to errors and omissions regarding apartment specifications and final sale prices, and further, any unit listed may have had its listing withdrawn without notice subsequent to such information being compiled. No representation is made as to the accuracy of any description (ie: listing, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed by customer and/or their attorney. Elegran LLC, its members, affiliates, and contributors adhere to New Your City, New York State, and United States Fair Housing Laws.