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 "One MiMA Tower"
For Condos Converting To Rentals, the Key Word is Service
March 01, 2012
Luxury Manhattan condo building 75 Wall Street has put a halt on condo sales in the building. A spokesman from the Corcoran Sunshine Marketing Group, which handles marketing for this building would not confirm, but Crain’s New York is reporting that inside sources say this is an indication that 75 Wall will convert the unsold condos into rentals. If this conversion takes place, it will mirror decisions made by two other high-luxury condo buildings in recent months.Read More
MiMa Sets Itself Apart From the Crowd
February 22, 2012
Of all the unexpected outcomes the thriving rental market produced, perhaps the most surprising is that Manhattan’s premier rental building is located on 42nd Street and 10th Avenue in the Far West Side of Midtown West, an area that’s not exactly known for high-end luxury. Bolstered by the market, Related Companies rented 95% of the 600-plus luxury apartments in MiMa, short for Midtown Manhattan, in a mere 8 months.Read More