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 Rentals"
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Should You Rent or Buy an NYC Apartment?
By
David Dam
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December 21, 2016
Deciding to rent or buy a home is often one of the most important financial decisions one can make. But in New York City, there are many other factors to consider.
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Airbnb’s Legal and Ethical Woes: A Story of Dramatic Expansion and Timely Reality Checks
By
Zain Ul-Arifeen
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July 12, 2016
In the age of the sharing economy, its flag-bearer finds itself in murky legal and ethical waters with governments and housing interests.
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A Diamond in Development: Queens Plaza in Long Island City
By
Nikko Espina
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March 23, 2016
Queens Plaza of Long Island City is building and booming into the next rental real estate jewel in New York.
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What Should You Rent?
By
Ilana Yoneshige
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April 13, 2015
Use this flowchart to help you decide what to rent! And for some mild amusement.
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I Won’t Grow Up: Short-Term Leases for Millennials
By
Ilana Yoneshige
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March 18, 2015
Buildings in New York City are beginning to allow month-to-month rentals.
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Rents Rise Relative to Income Nationwide
By
Jonathan Tuason
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May 16, 2014
Data collected via Zillow for the New York Times listed the median rents and median incomes for cities across the country. The compiled data showed that nationally, for about 50% of renters, 30% of their incomes is spent on housing costs, with that 30% proportion for median data holding true for 90 cities.
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NYC's Debacle: Affordable Housing
By
Kamini Ramdeen
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March 13, 2014
Mayor de Blasio stated during his campaign that he intends to create a program that will develop 200,000 units of affordable housing over the next 10 years. The mayor’s housing team has a May 2014 deadline to formulate the plan to bring those 200,000 units into reality. The question knocking on everyone’s noggin is how is this possible if during Bloomberg’s three terms there were less than 5,000 units of affordable housing created. Not that there wasn’t a lot on the plate of our new mayor already, but will he able to live up to his goal?
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Airbnb's Lesson on Supply and Demand
By
Jonathan Tuason
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February 18, 2014
Earlier this month, the Super Bowl prompted users on Airbnb, a short-term room rental platform, to promote their available spaces with the event in mind, offering more affordable alternatives to hotels.
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Rental Relief: Cuomo Proposes Tax Breaks For NYC’s Largest Demographic
By
Tim Sheehan
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January 21, 2014
While New York City’s new mayor still has about 3 years and 11 months left on his term, current New York Governor, Andrew M. Cuomo, is up for re-election in November of this year. As part of his re-election campaign, Cuomo has proposed some $2 billion in tax cuts with housing playing a large role in relief. However, while tax reliefs are often given to homeowners, Cuomo has something different in mind—tax breaks for renters.
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Elegran Completes Record Setting Rental Deal
By
Ryan Daley
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February 28, 2013
February 28, 2013 -- In one of the biggest rental deals of 2013, Elegran Real Estate and Development has recently finalized a year-long agreement on a 2770 sq ft, 3 bedroom, 3 bath penthouse. The penthouse has 3 terraces, plus a private roof deck with Jacuzzi and rents for $30,000 a month. "I'm excited to get this rental agreement completed and I am looking forward to continuing success in the rest of 2013." said Elegran Broker Nick Agostinelli. The penthouse was not publicly listed.
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