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 "Manhattan Apartments"

  • NYC Brokerages Prepping Up for Good Year in Real Estate By Aby Thomas | February 11, 2013

    If the lack of a winter slowdown in the market is any indication, all signs point to 2013 being an extremely good year for New York real estate. And it’s not just New York’s apartment hunters who are taking note of this phenomenon—the city’s residential real estate brokerages are expecting an increase in business, and are staffing up to prepare for that onslaught. (And yes, Elegran is hiring too—get in touch with us if you want to become a part of this exciting industry!)

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  • No Winter Slowdown Seen in Manhattan Real Estate By Aby Thomas | February 08, 2013

    Although a dip in temperature usually translates into a decline in sales in Manhattan real estate, the market doesn’t seem to be following tradition this year. An article in The Real Deal cites an industry report that says there were about 19 contracts over $4 million that were made in January this year, a significant rise from the seven similarly priced contracts that were made during the same period in 2012. As a result, the new year has started on a good note for the city’s real estate industry, with many now expecting 2013 to post as good results as the ones they saw in the previous year.

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  • Selling Your Home During the Holidays? Go Easy on the Decor By Aby Thomas | December 06, 2012

    Decorating our homes for the holiday season is something most of us look forward to as winter rolls into New York City. But if you are planning on selling your home and have a couple of showings planned for the next few weeks, holding off on the tinsel may be a better option for you this time around. After all, a clean house with as little clutter as possible makes it easier for home hunters to check out your home and imagine it as their own. As a result, an apartment that doesn’t go overboard with their holiday-themed decorations has a better chance of being bought as compared to homes that have it in excess.

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  • In NYC, Buildings Matter; Starchitects, Not So Much By Aby Thomas | September 24, 2012

    While New York is certainly known for being home to some of the tallest buildings in the world, it is also interesting to note that these skyscrapers are among the most well-designed as well, with their architecture generating the same amount of buzz as their startling heights. One of the architects who has been known for his designs on the Manhattan skyline is French architect Christian de Portzamparc, whose Pritzker Prize winning roster in the city includes impressive addresses like the LVMH Tower, 400 Park Avenue South and the current toast of the town, One 57. Besides getting the best luxury lifestyles possible, residents of these buildings can take pride in the fact that they are living in what is, ultimately, a piece of art.

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  • 2012 Shapes Up Well for Manhattan Real Estate By Aby Thomas | August 30, 2012

    2012 has been a year of several amazing achievements. Queen Elizabeth II marked the diamond jubilee of her reign over the United Kingdom. Michael Phelps thrilled and wowed us At the London Olympics by becoming the most decorated Olympian of all time with 22 medals to his credit. Christopher Nolan’s last installment of the Batman trilogy, The Dark Knight Rises, lived up to all its hype, grossing over $941 million worldwide. And now, here’s something that could be added to the list: 2012 has been the hottest market for Manhattan real estate ever since the economic downturn hit it in 2008.

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  • Marquees in Manhattan Stand Out More Than Ever By Aby Thomas | August 15, 2012

    A variety of architectural styles are resplendent in the buildings that line the streets of New York City. Be it the elegant brownstones of Brooklyn, or the stunning skyscrapers of Manhattan, a number of architectural designs are showcased in the construction of buildings around the city. However, while most of these structures are meant to dazzle and awe, there are certain designs that are not just eye-catching, but also provide a great service to New Yorkers. One example of this would be the water towers mounted on the roofs of buildings. While they make a perfect New York picture for tourists, they were originally built to protect the city’s municipal water pipes.

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  • In the Name of Design, Dwell and New York Mag Join Forces By Andrea Garcia-Vargas | July 31, 2012

    Soaring high-rises, quaint brick townhouses, and every other sort of architecture will be getting their well-deserved love soon. Yesterday, Dwell Media and New York Magazine struck a partnership named CITY MODERN, which will not only release a joint magazine in October highlighting but will also go the extra length of sponsoring “Archtober,” a month-long appreciation of architecture and design.

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  • LEED Certification Proves its Worth By Yuan Feng | July 23, 2012

    An emphasis on sustainability and green technology has become a leading trend and concern in the modern era. In particular, sustainability in New York apartments is now a pressing issue for developers and buyers alike. However, this begs the question: does LEED certification actually brings about higher prices? LEED, which stands for Leadership in Energy and Environmental Design, is a ranking system for sustainability which judges everything about the design and features of a building to the way in which it was constructed. Though expensive, LEED certification means that a building is conforming to the highest standard of eco-friendliness. After all, would homebuyers really pay more for green technology in their homes or apartments during hard economic times? As it turns out, a green certification label truly is worth more than just the sake of a title; LEED certification has actually been proven to add selling value to Manhattan apartments.  

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  • New York City: A Golf Mecca? By Aby Thomas | July 17, 2012

    Oklahoma’s favorite son Will Rogers once said, “I guess there is nothing that will get your mind off everything like golf.” With New Yorkers famously known for having a lot on their minds as they traverse through the concrete jungles of their city, Manhattan apartment residents would be wise to go by Rogers’ words and try hitting a tee or two at the many golfing options available in the city. This might come as a shock to the average New Yorker living in a Tribeca tower or a Chelsea loft, but rest assured that New York City is very much a little golfing oasis.

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  • NYC: Vacancy Rates Rise, But Rents Soar By Aby Thomas | July 13, 2012

    Recent reports in June reveal that while more Manhattan apartments are coming onto the real estate market, rents for all these apartments, from studios to three-bedrooms, continue to shoot up. While the median price of a rental apartment has now reached a staggering $3,125 per month (a rise of 7.9% when compared with the same period last year), the vacancy rates have shown a tiny but noteworthy rise from 0.69 percent last year to 1.01 percent in June.

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