Weren't the people of Duskwood all killed during the rogue campaign? Duskwood would be the perfect place in the eastern kingdoms for the Night Elves to make their home.
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"I Am Vengeance. I Am The Night. I Am Felfáádaern!"
I want Malfurion to die. No I don't hate him. But if he survives I really find it hard to explain why Ogrimmar still stands. Malfurion is fcking OP. Keeping him away from conflict considering Teldrassil burns is stupid. Having him fight Horde and Horde is still exist is stupid too. So best way will be to kill him off - not permanently ofcourse. He can slowly regenerate next 2-3 expansions in Emerald Dream.
Make Tyrande great again like she was in Warcraft 3 - strong, ruthless, independent.
If they both die I can see Shandris lead NELF and Jarod being her right hand.
As for new home:
1 - Gilneas if Genn will retake it. Zone is woody and dark and will fit for NELFs. Plus Worgen will finally pay the debt.
2 - Hinterlands. There Willdhammer and some High Elves. Plus Emerald Tree portal.
3 - Duskwood.
The thing is, Northern Kalimdor isn’t going to just be “held”. The Horde seems to plan to live in there after pushing natives out. There are plenty of Horde races who are accustomed to forests and can take on night elf guerrilla tactics. Think blood elf rangers, Darkspears, orc hunters/beastmasters.
This is also not an unknown land for the Horde. They have experienced it many times after orcs came to Kalimdor. Zoram’Gar and Splintertree outposts sent their troops all over the forest before and they can easily do so again if given the chance. Apart from the open war, they also experienced night elf guerrilla tactics as well, so those wouldn’t prove to be a surprise.
The only question I have, when it comes to the conquest of northern Kalimdor, is what is going to happen with Cenarion Circle. I can imagine them sealing off Moonglade, but what about Hyjal?
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No, we have characters that battled creatures way beyond both Cenarius and fel-corrupted Grommash
Personally I'd like to see Malfurion and Tyrande dethroned and exiled after one too many failures.
Then have Shandris take over the Night Elves and move them to dire maul, kicking out the Ogres and Tauren dotting Ferelas, preferably using some extremely brutal and morally questionable tactics to add a bit of color to the Alliance and the Night Elves.
They can then have Feathermoon stronghold act as a military fortress and sea port whilst dire maul houses the Kaldorei civilian population.
But it's more likely Blizzard will just add a few 'Night Elf Refugee' NPC's wearing human clothes to Stormwind, having Night Elves forget their culture as they assimilate into the Alliance Human overmind over the next few years.