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 "Midtown Manhattan"
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Coming Soon: One Vanderbilt, NYC's Tallest Midtown Office Building
By
Laura Schier
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January 22, 2018
Midtown Manhattan will soon have a new tallest office tower.
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New York Public Library Settles Renovation Disputes
By
Lara Milbauer
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July 21, 2014
The six year controversy over the New York Public Library’s renovation has been settled. The original plans have been terminated, altered to accommodate the requests of many New Yorkers.
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Sony Sells Midtown Tower for $1.1 Billion - Set For Residential Conversion
By
Samantha Brown
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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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57th Street's Restaurants Complement Rising Towers
By
Jonathan Tuason
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April 18, 2014
Midtown is continuing to cement its spot as the place to be. The upwards expansion of condominium towers, like Extell’s buzzing One57, has set up a growth-conducive environment for an area that was previously left unconsidered by homehunters. Restaurants, taking advantage of the new developments, have Read More
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Pop-up Hotels May Solve Manhattan Vacancy Issue
By
Bryan Gamble
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October 29, 2013
For those visiting New York City, the prospect of finding and booking a hotel that won’t cost a small fortune is no easy task and only becomes more difficult in peak seasons despite the high numbers of buildings with hotel service. In fact, New York City hotels tend to maintain a 96% booking rate so demand is always high and prices reflect this.
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Daily News: Landmark Preservation Hindering New York City’s Progress
By
Aby Thomas
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July 29, 2013
In an editorial published on Tuesday, the New York Daily News took to task the Landmarks Preservation Commission in New York City for going overboard with their zeal for preservation—according to the editors, the commission has been designating certain sections of the city as historic landmarks even though they don’t really have any significance in the overarching story of the city. For instance, the article notes that 30 percent of Manhattan properties are currently protected by the commission’s regulations, and included in that list are 48 vacant lots and 50 parking lots, spaces that could have been put to better use as real estate development sites.
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432 Park Avenue Will Now Have Two Penthouses
By
Aby Thomas
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July 11, 2013
Image Courtesy of DBOX for CIM Group & Macklowe Properties 432 Park Avenue just can’t seem to stay out of the news. The 1,396-foot tall tower, which first hit the deadlines for being the tallest residential building that is currently being constructed in New York City, caused quite a stir in the city’s real estate sector when it announced that it was putting out its top floor penthouse on the market with a price tag of $95 million. The buzz about the building then continued when that same penthouse reportedly got into contract for the full asking price. But now, the developers have gone ahead and one-upped themselves—there’s now going to be a second penthouse in the Rafael Vinoly-designed tower.
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Building for Bragging Rights?
By
Shwetha Ravishankar
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June 10, 2013
The pride of New York City, the iconic Empire State Building, piercing through, and towering high above its peers in Midtown Manhattan and beyond, is in the spotlight once again. This time around the 1,454 feet (including its antenna spire) tall structure is caught in the middle of Manhattan’s skyscraper wars.
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Our Top 5 Picks to Cool off in the Big Apple
By
Shwetha Ravishankar
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May 29, 2013
Photo Courtesy Derick Burleson With temperatures playing seesaw this past week, between rainy, sunny, and muggy days; the weekend seems to be the perfect start to the summer, with temperatures reaching the 90 degree mark. With the weather looking promising, here is a look at our top 5 picks to cool off and quench your summer thirst. 1. Pop Bar in the West Village
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The Case for Moving Madison Square Garden
By
Aby Thomas
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May 13, 2013
On May 22, the Department of City Planning is going to vote on whether Madison Square Garden, one of New York City’s most iconic structures, should be given only 15 more years to operate from its current location over Penn Station in Midtown Manhattan. If the city’s commissioners give the green signal to this proposal, then that means that the “World’s Most Famous Arena” will probably soon have to find a new location to call as its home in the city.
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