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 "New Development"

  • Tishman Speyer Buys Potential "Hudson Spire" Site By Kamini Ramdeen | May 22, 2014

    Tishman Speyer Properties recently purchased two parcels north of the Hudson Yards development site for a whopping $438 million. This large purchase is considered Tishman Speyer’s first major property acquisition since the market crash in 2008. The company had been buying primarily foreign real estate in Europe, Brazil and China. Their U.S. property purchases were mainly in California and Chicago, until now.    

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  • DUMBO Heights the ‘Campus’ for All Things Tech By Kamini Ramdeen | May 16, 2014

    Jared Kushner (owner of the Puck building located in SoHo)  along with partners Aby Rosen and Michael Fuchs from the RFR firm (who have a huge Manhattan skyscraper office portfolio, which includes the Seagram Building located on Park Avenue), and Asher Abehsera (an investor from LIVWRK Holdings), have come together to purchase the Brooklyn Watchtower from the Jehovah Witnesses. The transaction cost the partners $375 million for the 1.2 million square feet property purchase.  

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  • 10 Indicators A Neighborhood Is Set To Emerge By Kamini Ramdeen | March 25, 2014

    New York, the land of trend creation, brings about a difficult task for residents. That task is, keeping up with the latest trendy neighborhoods. New Yorkers can do one better than just keeping up, they can now spot the soon-to-be trendy stomping grounds themselves. How you ask? By keeping an eye-out for these emerging factors:   1) Neighborhood Renovations are afoot.

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  • Foreign Buyers' Trend Moves To Brooklyn By Kamini Ramdeen | March 19, 2014

    Photo Source: http://world.soufun.com/ Oosten Condominium is the soon to be developed 421 Kent Avenue building in Williamsburg, Brooklyn. Like many other condominium buildings in NYC, this one has a green roof, seven stories, 215-condo units, private pools, aerobics room, cafe, even an industrial design that has a glassy facade complimenting it’s exterior. What’s unique about this particular building?

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  • Brooklyn's Fourth Avenue: Moving On Up By Kamini Ramdeen | February 14, 2014

    The “Park Avenue” of Brooklyn, is the name fitted for Fourth Avenue. After a 2003 rezoning and withstanding this latest recession, residential development and construction has begun and the transformation we’ve been waiting for is finally happening, according to the New York Times.

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  • A Shipping Container You’ll Want to Live in..No, Really! By Bryan Gamble | December 05, 2013

    Williamsburg, a neighborhood known by many for its alternative and avant garde sentiments, is at it again with an exciting new development at 2 Monitor Street. No it’s not another luxury condominium or artisan pickle shop, but rather a private residence made entirely out of recycled shipping containers. 

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  • It’s Alive! MoMA Tower Jumpstarted by Foreign Investment By Bryan Gamble | November 04, 2013

    In yet another series of fortunate financial events, the vacant lot adjacent to the MoMA has received a substantial investment of about $1 billion to greenlight the MoMA Expansion Tower, also known as Tower Verre (which fancifully translates to ‘glass tower’).

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  • 5Pointz Redevelopment Plans Approved By Bryan Gamble | October 22, 2013

    This October is witnessing a peculiar focus on graffiti art, partially thanks to Banksy’s New York residency, but what about New York’s home-grown graffiti icon, 5Pointz? 

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  • The Joining of Church and Real Estate in New York By Bryan Gamble | October 02, 2013

    As New York experiences a surge of real estate developers looking in all kinds of areas for sites and land prices soar, a new sector of real estate is being tapped: church land. To the astonishment of many, an increasing number of Manhattan churches are seeking deals with developers. The decision to sell church land comes on the heels of financial desperation in many cases and has, unsurprisingly, outraged many parishioners and local activists. 

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  • Is Time Warner Westward-Bound? By Joel Bennett | July 22, 2013

    Earlier this month, Time Warner’s tentative plans for a mass exodus from its Midtown headquarters came to light after the media/entertainment giant entered exclusive talks with Related Construction. The deal hasn’t been officially inked yet, but the move would take the companies operations Westward to Hudson Yards. While it appears to be a win-win for both parties involved, the thought of empty skyscrapers in Midtown is a concern for some.

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