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 "Battery Park City Luxury Apartments"

  • View from Reade57 luxury condos Open House Roundup: Sunday 9/27 By Serena Horrigan | September 25, 2015

    Check out these new open houses for Sunday, September 27!

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  • Controversy Surrounds New Pier A Developments By Stephanie Spencer | June 21, 2012

    Residents of the Battery Park area are reportedly taken aback by the city’s plans to incorporate a new oyster bar and catering hall at Pier A, changes that would allow boat attractions such as dinner cruises to embark around the city. The 126-year-old landmarked pier, which was in shambles until developers helped garner a $30 to $36 million project to reconstruct the rotting buildings, is expected to be fully finished for Manhattan residents by early fall of 2013. Local residents of the Battery Park City area are concerned, however, that these endeavors will bring pollution and tourism, cluttering the quiet neighborhood with unwanted visitors.

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  • Battery Park City Parents Clash Over School Seating By Olivier Fitzgerald | May 31, 2012

    The saga of Lower Manhattan’s scholastic overcrowding issue has finally come to an end. Battery Park City elementary P.S. 276 has opened its doors to this fall’s incoming kindergarten class after months of heated deliberation. Pre-kindergarten four year olds were being turned away from their district’s coveted P.S. 276 due to the preexisting four sections being filled to capacity. Desperate to reverse the decision, parents and school officials sought assistance from the Department of Education to help resolve the crisis. 

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  • New Construction and Manhattan's School Shortage By Daniel Muhlenberg | March 28, 2012

    It’s no secret that many parents and couples looking to have children have elected to stay in Manhattan rather than migrate out to the suburbs in recent years. While this is certainly good for the Manhattan apartment sales market and the New York City economy, the combination of this trend and many new apartments buildings designed for families has created an unintended consequence. Actually, it’s less unintended than unaccounted for: if New York City had adhered to its own formula regarding how many school seats should be built based on new housing units built, new schools would be popping up all over Manhattan’s fastest growing neighborhoods. Unfortunately, the city has been asleep at the wheel and failed to live up to their own standards. The implications for parents looking to purchase multi-bedroom luxury apartments in Manhattan are dire, especially if their children are elementary or middle school age.

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  • WTC Subcontractors Owed $50 Million in Unpaid Construction Costs By Daniel Muhlenberg | March 21, 2012

    After years of government infighting about construction costs at the September 11th Museum, it appears that subcontractors who have nothing to do with the dispute have been shouldering the weight. The Port Authority of New York and New Jersey and the Sept. 11 Memorial & Museum have been unable to agree upon who should pay for the ongoing construction at the landmark Manhattan museum, and, unsurprisingly, new construction at the site has almost ground to a halt – there’s virtually no chance that it will be open in time for the eleventh anniversary of the attacks. Even worse: according to one trade group leader, the two government giants have left subcontractors holding a $50 million bill.

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  • Riverfront Revival Continues with Pier 26 Restaurant By Daniel Muhlenberg | March 16, 2012

    The Hudson River Park Trust is planning to open a new restaurant on Pier 26 in Battery Park City. Pier 26 is one of three new restaurants slated to open in Hudson River Park, and in April the trust will seek proposals to develop the 200-seat waterside restaurant there. The new space will feature an open rooftop terrace and sweeping views of the Hudson River and the New York Harbor, something that should please current residents of apartments in Battery Park City and the Financial District and attract new potential buyers and renters as well.

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  • Tourists Are Flocking to Lower Manhattan By Daniel Muhlenberg | March 05, 2012

    If you're one of those New Yorkers who doesn't like tourists, you may want make note of the fact that Lower Manhattan is starting to resemble Times Square. According to the Downtown Alliance, a record 9.8 million tourists visited this Manhattan neighborhood in 2011, exceeding 2010’s total by 800,000 people. What’s more, the area’s popularity has increased 40% since 2008. This definitely has a lot to do with the completion of the 9/11 Memorial - 1 million visitors between it’s opening on September 11th 2011 and the end of the year - and as the WTC site reaches completion in 2013, the number of tourists will likely continue to increase.

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