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 Trends"

  • The Luxury Trend By Kamini Ramdeen | June 02, 2014

    “It smells like 2006,” said Peter Hauspurg, Chairman of Eastern Consolidated. 2006 was a time when the property sales market was full of inventory and prices were on the rise. According to the statistics, it looks like NYC is very much riding the second wave of that trend and coming back full-swing after the 2008 market crash, and there are many ways to interpret that trend.  

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  • Manhattan Real Estate: Breaking Sales Records in First Quarter By Kamini Ramdeen | April 04, 2014

    Manhattan’s apartment sales soared through the roof in the first quarter of 2014. Median prices reflect a 14% increase from the prior quarter, resulting in $972,428 for the beginning of this business year according to a Douglas Elliman Report.

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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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  • Now is the Best Time to Sell Your Property in New York By Aby Thomas | April 11, 2013

    If you have been waiting for an opportune time to put your New York property for sale, all signs point to now being the best time to do just that. In a real estate market that is now notoriously short of inventory, people who have put up their apartments for sale are seeing top dollar being offered for their luxury residences, often from multiple interested buyers. It’s a seller’s market in New York right now—the ones who are selling are the ones laughing all the way to the bank.

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  • Buying a Home in Manhattan May Be Better Than Renting Right Now By Aby Thomas | February 15, 2013

    Thanks to the recent spate of increases in apartment rents in Manhattan, the city’s landlords have been grinning all the way to the bank for quite some time now. But now, it looks like that smile is going to be wiped off their faces very soon—New York’s apartment hunters, exasperated with the high rents for apartments in the city, have realized that buying a home makes better sense than renting one in this climate. As a result, many have chosen to leave the vagaries of the rental market, and have decided to scout the options available to them in the buyer’s market instead.

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  • Rooftop Gardens Blossoming in NYC By Yuan Feng | July 16, 2012

    In the sprawling urban landscape of New York City, you’d be hard pressed to find an area capable of sustaining a farm or growing a range of crops. But as residents of such a dynamic city, we‘ve certainly managed to find a way to do so. Rather than seeking out plots of unoccupied space on the ground, New York residents and companies have taken to the skies, starting full gardens on rooftops instead. In fact, New York has quickly become a true leader in the rooftop agriculture movement. And with the support of commercial agriculture interests, this trend will surely only continue as time goes on.

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