Posted by Leonard Steinberg of URBAN COMPASS on July 19th, 2014 It is just a matter of time before the sidewalks of New York will be lined with charging stations for electric vehicles: I have always resisted the urge to get a car and driver as the thought of a car idling in front of… [Read More]
NEW YORK OBSERVER – AGENT OF DISRUPTION – LEONARD STEINBERG
This week’s profile in the NEW YORK OBSERVER…… http://observer.com/2014/07/leonard-steinberg-urban-compass-profile/
THE CURSE OF REAL ESTATE RANKINGS
Posted by Leonard Steinberg on July 7th, 2014 In the past few months all sorts of rankings have come out showing how real estate brokers fare next to one another in either the number of transactions they close, the total volume of sales, or the total volume of exclusives they have on their books. I… [Read More]
NYC MARKET RESULTS: NEGLECT OF THE MIDDLE RICH?
Posted by Leonard Steinberg, President of URBAN COMPASS, on June 30th, 2014 Is the New York real estate market starting to soften? Some reports say so, but it probably has everything to do with the INVENTORY issue. Signed contracts may have declined in recent quarters compared to the prior year but it’s not because of… [Read More]
KIM KARDASHIAN SHOPPING NEW YORK REAL ESTATE?
Posted by Leonard Steinberg on June 27th, 2014 Is Kim Kardashian shopping for an apartment in New York or is she just trying to fill her show with footage of her shopping for a home in New York? Is Sotheby’s broker Mark Amadei showing Kim apartments, but ONLY if her camera crew can accompany her on… [Read More]
100 MILLION DOLLAR LISTING NEW YORK
Posted by Leonard Steinberg, president of URBAN COMPASS, on June 20th, 2014 Moments away from the official beginning of Summer, things are really heating up in Manhattan real estate when it comes to pricing: the elusive $100 million mark that has yet to be achieved in New York for the sale of a residential property heats… [Read More]
NUMBER OF US MILLIONAIRE HOUSEHOLDS RISES 18%, CHINA UP 82%!
Posted by Leonard Steinberg on June 11th, 2014 For anyone worried that there may not be enough buyers for luxury New York apartments, take a deep breath. The Boston Consulting Group has determined that the number of millionaire households in the US grew by 18% last year from 2012. The total number of millionaire households in… [Read More]
560 WEST 24th STREET – WE LOVE THIS BUILDING!
Posted by Leonard Steinberg on June 7th, 2014 I cannot help but gush over this exquisite building currently under construction in the heart of West Chelsea: Its location is superb, perched aside 200 Eleventh Avenue across the street from Gagosian Gallery, between the Hudson River Park and the Highline Park, around the corner from AVENUE’S SCHOOL…..and… [Read More]
THE BEGINNING OF A NEW CHAPTER
Posted on June 2nd, 2014 Dear Friends: Today marks a historic day as I begin my role as President of URBAN COMPASS. We have always been at the forefront of the New York Real Estate industry, always with an eye towards the future of real estate: in URBAN COMPASS we see the future. URBAN COMPASS… [Read More]
INFORMATION WITHOUT INSIGHT – MANHATTAN PRICING DROP?
Posted by Leonard Steinberg on May 30th, 2014 Todays screeching headlines generated by a report from STREETEASY that Manhattan condominium prices registered their biggest monthly decrease in almost four years last month is further proof that information without insight is useless. According to the Streeteasy report, the median condo price fell 1.4% in April to… [Read More]