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 "Condo Conversion"

  • Defunct Brooklyn churches find redemption in luxury housing By Stephanie Lovelle | August 24, 2015

    As Brooklyn neighborhoods are losing their historic churches, converting them into luxury living space may just be a necessary saving grace.

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  • Spring 2015: Manhattan Market Trends By Ilana Yoneshige | May 15, 2015

    According to some Real Estate Market reports, competition for a new home will be incredibly fierce this spring.

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  • Sony Sells Midtown Tower for $1.1 Billion - Set For Residential Conversion By Samantha Brown | June 25, 2014

    Due to consistent losses and increased competition, Sony just sold its US headquarters at 550 Madison Avenue to Chetrit Group. Although the details have not yet been finalized, the Chetrit Group is planning on converting the upper portion of the 37 story building into a total of 96 condominiums.

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  • St. Vincent's Hospital Compromise Leads to Big Changes By Daniel Muhlenberg | March 15, 2012

    In a compromise designed to address the objections that residents of Greenwich Village apartments had about the condo conversion of the former St Vincent’s Hospital site by Rudin Development, the City Council voted yesterday to rewrite many of the terms of the agreement between the development company and the city. "[The] agreement reached today between the City Council, Rudin Development and the Bloomberg Administration will bring much needed educational capacity to the West Village," said City Council Speaker Christine Quinn said in the statement. West Village apartment dwellers credit her with playing a key role in the decision.

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  • NYC Condo Trends: The Condo Conversion and the Mega-Condo By Kimberly Milner | September 08, 2011

    Rethink glass condo towers shooting from the ground. For the next few years, a condo boom isn’t exactly in store. With tight financing on mega-projects, developers must display Manhattan business savvy to compete in the NYC condo market of booms and falls. So instead of another article to predict cycles, let’s look at the market and new tactics developers are employing. What are the numbers really in the pipeline for 2011 condo plans and, more importantly, what will they look like? As conversions and boutique buildings become reinvigorated elements of the market, the buzzword on the real estate scene (because after all, this is New York City) is diversity.

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