Real Estate News from March 2014

  • Did You Hear About the Superfund Site Up for Historic Designation? Oh, Hi Gowanus By Kamini Ramdeen | March 30, 2014

    Gowanus, Brooklyn’s two most known sites are the new Whole Foods that recently opened and the horrifically polluted canal that runs through the neighborhood. This little neighborhood that is comprised of 422 properties that are all sitting alongside the Gowanus Canal are up for Historical Designation by the State Historic Preservation Office.

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  • MANAR's Global Symposium: What You Missed By Kamini Ramdeen | March 27, 2014

    Recently, Elegran Edge had the chance to attend the Manhattan Association of Realtors (MANAR) Global Symposium. The symposium itself was held in the poorly lit but spacious McGraw Hill Conference Center on the Avenue of the Americas or simply Sixth Avenue.

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  • The Future of Global Real Estate: Urban Growth By Jonathan Tuason | March 26, 2014

    It might appear that Asia will be a new point of focus for real estate investors.  In particular, urban centers in both China and India are projected to grow significantly over the next couple decades, and take an even more prominent position in the world’s markets.

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  • Michelin Guide for NYC 2014 Mapped By Tim Sheehan | March 26, 2014

    When travelers and locals alike want to dine at the best restaurants a city has to offer, they turn to the Michelin Guide. Earning a coveted Michelin Star is akin to an actor winning an Academy Award. In New York City, where cuisine is king, a star from Michelin can have a drastic effect on the success of a Restaurant.

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  • 10 Indicators A Neighborhood Is Set To Emerge By Kamini Ramdeen | March 25, 2014

    New York, the land of trend creation, brings about a difficult task for residents. That task is, keeping up with the latest trendy neighborhoods. New Yorkers can do one better than just keeping up, they can now spot the soon-to-be trendy stomping grounds themselves. How you ask? By keeping an eye-out for these emerging factors:   1) Neighborhood Renovations are afoot.

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  • Finding Hidden Gems in NYC: There‚Äôs an App for That By Stephanie Fujihashi | March 25, 2014

    With the busy lifestyles that many of us New Yorkers have considered to be a normal part of our lives, we have a tendency to find a routine to stick to. Many of us go from point A to point B in the morning, just to turn around and go from point B right back to point A. We know which restaurants, bars, and barbers are within close proximity to our homes or our offices, but how often do we venture beyond the “norm,” and try something new?

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  • Priciest Square Footage in the Country: Where Does NYC Rank? By Jonathan Tuason | March 24, 2014

    Although New York is the US’s most economically, politically, and culturally relevant city, a cool million will yield even less square footage in San Francisco, Boston, and Washington DC.  Business Insider listed some of the country’s largest cities in order of price per square foot.  New York ranked 4th out of 39 cities, and beat out other major centers like Los Angeles and Chicago.

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  • Update: Hudson Yards Project By Kamini Ramdeen | March 24, 2014

    The once forgotten rail yard on the west side of midtown along the Hudson River, has been a hot topic in the past year. According to the Related Company, we’re going to experience the “New Heart of New York” come 2018. Construction and renderings for the Hudson Yards Project have been developing for a year now, but what’s the progress of this progressive city in a city? Check out the progress of 2012-2013 here:

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  • Update: Mayor de Blasio Names Real Estate Related Cabinet Members By Kamini Ramdeen | March 21, 2014

    One message that has been on the mind of developers in NYC regarding Mayor de Blasio is the issue of affordable housing. De Blasio during his campaign had announced his support and his plan of creating over 200,000 units of affordable housing. This could be thought of as a rather lofty goal considering that under Bloomberg only 5,000 affordable units were created, and that was over a span of three-terms.

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  • Architectural Digest Home Design Show 2014 Kicks Off Spring in NYC By Tim Sheehan | March 21, 2014

    [Handmade Flasks by Brooklyn Glass] Just in time for some spring cleaning, the Architectural Digest Home Design Show is open all weekend. This four-day event features over 300 of the top interior design brands under one roof, right here in New York City.

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