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 "Greg David"
The Uncertain Legacy of Mayor Bloomberg, Part 2
April 11, 2012
As we mentioned in the previous part of this series, Mayor Bloomberg deserves a lot of praise. Our economy hasn’t missed a beat mainly because his policies accounted for the decline of Wall Street by expanding the range of businesses in Manhattan; in media, fashion, the arts, and technology, business owners look at Manhattan neighborhoods as attractive places to conduct business. He invested in the right places. But, in the long run, none of this may matter if Wall Street isn’t fully restored to its former self. And if it isn’t, Bloomberg will be partly to blame. His lack of political foresight, particularly in regards to what is becoming the biggest issue of our time, may prove to be his undoing.Read More
The Uncertain Legacy of Mayor Bloomberg, Part 1
April 10, 2012
Truly, now is a great time to live and work in New York City. The recession was a blip. The rental apartment market is soaring. Buyers from Brazil, China, and Russia are shelling out millions to purchase luxury apartments in Manhattan. Employment is nearing the 1969 peak of 3,797,700 jobs. And, to top it off, four different reports in the past five months have ranked us as the number one business center in the world. In many ways this success is the handiwork of one Michael Bloomberg, New York City’s mayor since January 1st, 2002. His business-first philosophy has not only sustained the low crime rate that he inherited from Rudy Giuliani – with the help of NYPD Police Chief Ray Kelly, the crime rate has fallen for almost a dozen years - it has diversified New York City’s economy and created new sources of revenue for the city.Read More