Elegran Edge
The Real Estate Blog

What is Elegran Edge? It’s the blog where we bring together the biggest and best stories from our neighborhood blogs and agent blogs. If it’s happening in Manhattan real estate, you can find it here.

Articles about "Apartments in Chelsea"

  • 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. 

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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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  • 35 XV Reveals Its Future Self By Janna Allen | March 21, 2013

    Once Xavier High School sold off its unused air rights to Alchemy Properties, the Chelsea neighborhood was unsettled. Rumors of a hotel going up within the neighborhood were being whispered on the streets back in 2008. Residents were perturbed due to thoughts of losing a quiet neighborhood in lieu of a busy hotel, and protested vehemently. Alas, 35 West 15th street was destined to become a luxury condominium building (which residents still weren’t happy about) and plans were finalized in 2011. Despite simmering anger from residents, construction has commenced, a name of 35 XV has been given, and an official site has been launched portraying sparkling renderings.

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  • Calling All Chocolate Lovers to Chelsea’s 15th Annual Chocolate Show By Laura Simmons | October 09, 2012

    Chocolate is one of our many guilty pleasures, and apartment residents of Chelsea can look forward to an entire weekend of it. Returning for its fifteenth year to the Metropolitan Pavilion on 125 W. 18th St., the chocolate show will be providing an array of tasty delicious chocolate samples from across the globe. Chelsea residents can feel free to drown themselves in this sea of chocolate pleasures. This is a great event for families to come out and for children to indulge in all of the chocolate that their parents would allow, of course.

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  • Chelsea Green Faces $4 Million Suit Over Damages to Adjacent Building By Liam Delaney | September 19, 2012

    Alfa Development, currently in charge of building the Chelsea Green, are preparing for a legal battle over alleged property damage to 45 West 21st Street, the building adjacent to Chelsea Green. The building owner claims that her property was damaged by falling debris from the new construction.

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  • Google Propels Manhattan Real Estate By Stephanie Spencer | July 12, 2012

    Google can knowingly take credit for a slew of innovations that have assisted businesses in expanding by helping them easily connect over the Internet, but now they can evidently also take credit for raising residential and commercial value for Manhattan’s real estate market. Since Google’s $1.8 billion move to the Chelsea neighborhood in New York, the Silicon Valley giant has helped the neighborhood achieve a vast improvement in the average asking price of commercial rents, consequently causing an increase in the number of $4,000 a month rentals in the neighborhood according to StreetEasy. Surrounding areas like the Flatiron District and NoHo have also relished in the low vacancy rate, both commercially and residentially.

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  • Chelsea Residents Upset About Tourist Congestion Near The High Line By Stephanie Spencer | May 25, 2012

    Since the first section of The High Line Park was constructed in June of 2009, local apartment residents of the West Chelsea area have found it difficult tolerating the number of tourists cluttering the streets on a daily basis. The park, built upon a freight train line, has caused regular activities such as grocery shopping and bike riding to be disrupted by tourists photographing the park and walking the streets. Tourists have caused such a scuffle, in fact, that angry flyers have been posted throughout the Chelsea area urging tourists to “act accordingly--in the way that your morals or religion or general human consideration would dictate.” The rant continues by saying that “West Chelsea is not Times Square. It is not a tourist attraction,” bringing to light the tense relationship between New Yorkers and New York City tourists. 

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  • New York State Senate Denies MTA Request For Additional Funding By Justin Spees | March 15, 2012

    The New York State Senate yesterday dealt what could be a major hit to the MTA 2010-2014 Capital Program, and a fatal blow to the Second Avenue Subway, the long-term construction project on 72nd Street that has made waves throughout apartments in the Upper East Side.

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  • Air Rights Extremely Valuable For Property Along the High Line By Justin Spees | March 05, 2012

    The development of the High Line on the far West Side has caused a frenzy of development, and apartments in Chelsea have skyrocketed in value over the past few years. The value has become so high that development companies who own buildings along the Manhattan landmark have begun selling the undeveloped air above their property, and for prices New York has never seen before. Sherwood Equities, a development firm that owns an unused building at 508 West 20th Street, is now selling the air above its building for $500 per square foot.

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  • Riverside Center Nearing Fruition By Phil Ryan | September 22, 2011

    With all the development occurring on the West Side of Manhattan, we often tend to focus on Chelsea, the Meatpacking District, and Clinton, neglecting the Upper West Side in the process. After all, does the Upper West Side have the High Line? Well, no, it doesn’t, but instead its signature development project, Riverside South, is nearing completion with its final portion, Riverside Center, well under way. Although not as well known as many other luxury residential and commercial projects in Manhattan, Riverside Center is critical in the development and continued growth of not only the West Side but also Manhattan in general.

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