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 "Grand Central Terminal"

  • #TBT: The Grand History of Grand Central Terminal By Serena Horrigan | October 15, 2015

    Passing through Grand Central Terminal, it's easy to appreciate its wondrous beauty; but what about its remarkable, and sometimes very hidden, history?

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  • An Invasion of Airspace: One Vanderbilt Tower By Samantha Martinez | April 07, 2015

    After nearly two years of stasis, Mayor Bill de Blasio has finally agreed to the Vanderbilt Corridor Text Amendment. But what does that mean for Grand Central Station?

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  • No Sweat: Mayor de Blasio's Meeting with REBNY By Jonathan Tuason | February 27, 2014

    New York City Mayor Bill de Blasio recently met with members of the Real Estate Board of New York in a closed meeting late last week.

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  • Over The Hill: The Pan Am Building Turns 50 By Janna Allen | March 12, 2013

    We know it today as the MetLife building. If we rewind fifty years back, however, we’ll find it being called the Pan Am building instead. Located on 200 Park Avenue, the 57-story tower was constructed atop the Grand Central Terminal. Construction of the building began back in 1958, was completed in 1962, and was opened to the public on March 7th, in 1963. Although difficult to miss, a fifteen foot-tall sign was added to the top of the building as an indicator of Pan Am’s presence within.  

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  • Grand Central Terminal Makes Plans to Celebrate its One Hundredth Birthday By Michelle LaFiura | January 24, 2013

    Grand Central Terminal is celebrating its one hundredth birthday next week, and in true New York fashion, it’s doing it with style.  Commonly called Grand Central Station, this name is actually incorrect since trains do not pass through, they are ‘terminated’ at this location. Grand Central Station is in fact the name of a nearby post office. Built by Cornelius Vanderbilt, the terminal has been carting passengers on its 67 subterranean tracks, as well as acting as the backdrop for tons of New York City films, since February 1, 1913. For that reason, on Feburary 1, 2013, the terminal will be having an all day party including performances and special appearances. LEGOLAND Discovery Center Westchester will be unveiling an exact replica of the terminal made completely of Lego® bricks, along with a performance from the Knicks City Dancers and tons of free giveaways and specials.  Various shops and restaurants will be participating by rolling back their prices, way back to 1913. That’s right, 19 cents for shrimp at Pescatore, 10 cents for fries at Tri Tip Grill, and $2 for silk scarves at TOTO. Anybody in the area that day should highly consider stopping by the terminal for lunch.

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  • Midtown East Rezoning Causes Clash Between Old and New By Joseph Lee | December 07, 2012

    Even as he prepares to leave office, Mayor Michael Bloomberg’s development initiatives continue to impact New York City. One of his many development pushes centers around Grand Central Terminal in Manhattan’s Midtown East neighborhood. Seeking to solidify the area surrounding the historic train station as a bustling business hub for years to come, the administration’s proposal would increase the allowable building density up to a maximum of sixty percent. The only problem with this proposal is that a number of groups fear that this development push might signal the end for a number of historic buildings that have yet to secure official landmark status.

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  • A Skyscraper Next to Grand Central Terminal? By Liam Delaney | November 26, 2012

    The newest proposed project for Midtown East is a giant office building only a single block away from Grand Central Terminal. Spearheaded by the SL Green Realty Corp. and to be designed by architecture firm Kohn Pedersen Fox Associates, the new project is in the planning stages largely due to the Bloomberg administration’s push to rezone the area around Grand Central. Under the current zoning today, about 1 million square feet would be allowed. If Bloomberg’s rezoning plan goes through it would give SL Green the rights to build a tower nearly 1.4 million square feet in size. What more might the new zoning laws do to the neighborhood around Grand Central should they pass?

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  • The Holiday Season is Here: The Grand Central Holiday Fair is Now Open By Aby Thomas | November 15, 2012

    We’ve all seen the signs—the temperatures have been falling, stores have been upgrading their window displays and party invitations have started making the rounds. Yes, the holiday season is upon us and New York’s Grand Central Terminal is getting in on the action by opening its annual Grand Central Holiday Fair. As the only holiday market in the city that is run indoors, New Yorkers from all over the city are expected to congregate at this historic location over the next few weeks to check out what this fair has to offer.

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  • Moynihan Station Construction Moves Forward By Stephanie Spencer | July 11, 2012

    Penn Station will be experiencing major renovations in the upcoming years as officials plan to expand its concourse into the historic Farley Post Office across the street. May marked a significant period for the Moynihan Station construction plan as Amtrak celebrated the unveiling of Phase 1 to officials from Albany, Washington D.C., and New Jersey. Elements to Phase 1 will include new stairs, elevators, and additional entrances to the Farley Post Office Building. The riveting expansion will move above the terminal’s basement, thus connecting Penn Station and the West End Concourse on 33rd Street and making way for 9 of the station’s 11 original platforms.

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  • Bloomberg Fast-Tracks Rezoning Plan for Grand Central By Daniel Muhlenberg | April 17, 2012

    In an attempt to stay competitive on an international level, Mayor Bloomberg’s administration is fast-tracking a transformative rezoning plan for the area around Grand Central Terminal. The proposed changes would apply to the area between Fifth and Third Avenues from East 39th Street all the way up to East 59th Street, and the plan would open the door to replacing older buildings with large, ultra-modern high-rises in Midtown Manhattan. Bloomberg feels that the area has become outdated – office buildings in the area are 68-years-old on average – and wants to encourage new construction projects that would fully modernize the district.

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