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 York City Economy"

  • It Will Be Harder For Chinese Buyers To Invest in NYC Real Estate in 2016 By Serena Horrigan | February 26, 2016

    Last month HSBC announced a major policy change for Chinese buyers investing abroad. What does it all mean for NYC’s real estate market?

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  • Where Does New York City Rank in the Global Marketplace? By Lara Milbauer | June 27, 2014

    New York City is one of the most extravagant cities in the world and a highly desirable place to live. Though over 8 Million people are able to live in the city, it is still quite a pricey lifestyle to maintain. When compared to other major cities around the world, however, New York City happens to be a bargain.

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  • RealtyTrac’s False Housing Data Corrected by Jonathan Miller By Kamini Ramdeen | May 27, 2014

    (Right: Jonathan Miller, Left: Darren Blomquist) Recently, RealtyTrac had send out erroneous data about the all-cash housing market in Manhattan. The Washington Post reported that RealtyTrac’s data concluded that eight out of ten homes in Manhattan were bought with all cash, The Real Deal later picked up the same story. If you’re at all familiar with the Manhattan market these numbers seem a tad bit fishy.  

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  • Film Industry Racks Focus From CA To NY By Jonathan Tuason | May 12, 2014

    “You can’t fake New York.

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  • Questioning New York’s Future in a Post-Sandy World By Bryan Gamble | November 13, 2013

    It has been one year since Hurricane Sandy ravaged the Tri-State area and the struggle to rebuild and achieve a stable life still continues for many who lost their homes and businesses. With this somber anniversary, there is a new emphasis on protecting ourselves from future storms, which are likely to be even worse than Sandy.

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  • Urbanism and Architecture Conferences Happening in New York This October By Shwetha Ravishankar | October 09, 2013

    New York City has always had a host of urban challenges on its plate, and everyone from our Mayor, developers, engineers, and urban experts have been there to offer newer, smarter solutions each time. October in New York City is all set to be one of those urban brainstorming months, when all the big-wigs of the urban development community are brought together on one platform, at the four different urbanism conferences that are taking place.

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  • I Got My Eye On You: NYC Prepares for Another Hurricane Season By Andrew O'Neill | May 29, 2013

    As New Yorkers gear up for summer, their plans usually consist of where to vacation, what family BBQ to attend and what bathing suit to go swimming in.  Unfortunately, New Yorkers, as of the last couple of years, have to make sure they are prepared for a potential hurricane. In addition, Mayor Bloomberg and a variety of city offices have updated building codes and rethought flood zone boundaries, to avoid a repeat of Hurricane Sandy.

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  • Proposed Queens MLS Stadium Meets Opposition By Tim Sheehan | February 28, 2013

    While the “first look” photos of the proposed Queens Major League Soccer stadium might not be official, MLS wants a team playing in New York City by 2016. Early renderings of the stadium by SHoP Architects were released to the internet and caused a stir on the blogosphere, but MLS reports that the drawings do not represent what the stadium will look like. Regardless, the project appears to have kicked off, which could very well result in another new stadium in the City.

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  • Sellers Mimicking Developers, Testing the Market Then Repricing By Ryan Daley | January 16, 2013

    Analysis and Reporting By J. Thomas. With Manhattan inventory levels near all-time lows and housing demand strong, sellers are increasingly finding themselves with the ability to leverage their valued commodity in ways that would have been seen as totally unrealistic just a few short years ago.

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  • National Housing Market Thrives as Home Prices in Major Cities Increase By Stephanie Spencer | June 27, 2012

    The national housing market has been enjoying great success as the prices of homes in nearly all major cities have steadily increased. According to the Standard and Poor’s/Case-Shiller price index released on Tuesday, 19 out of 20 major cities across the country have seen major improvements even with the job market continuing to slump. National prices rose by an average of 1.3% in April, with cities like Washington D.C. and San Francisco gaining the most in the striving market. Phoenix has seen the greatest overall improvement, however, as prices rose 8.6%, a feat the housing market hasn’t seen since early 2003.

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