Posted by Leonard Steinberg on December 4th, 2015 (excerpt from my daily COMPASS CONTEMPLATION) The debate between an open or closed off kitchen design has raged over the past two decades with almost evenly divided camps. Some feel an open kitchen is much more conducive to healthy interaction between the host (who may be cooking… [Read More]

Entrepreneurial Traits

ENTREPRENEURIAL TRAITS Inc. and Capital One Bank recently conducted a survey of the traits of entrepreneurs: lets face it, in the real estate brokerage profession we all have to be entrepreneurs to a certain degree, so I thought it would be useful to highlight these traits. In them you can easily see why certain agents… [Read More]

Buying Legitimacy

Every morning, seven days a week, 365 days a year, I write a daily contemplation to all at COMPASS. I thought I would share this one that has resonated well with everyone. BUYING LEGITIMACY   The Internet-driven world has allowed many to fabricate an (often false) image of who they are. Aside from selfies with… [Read More]

The Wait-and-See Market

A new trend may be worth watching over the course of the next few weeks and months. We are definitely in the midst of a real estate market correction, whereby overly ambitious pricing is being adjusted downwards. We have seen more price drops in the past three months than in the past three years…combined! Fall… [Read More]

3.9 million more renters.

Posted by Leonard Steinberg on October 25th, 2015 Every morning I write a contemplation to everyone at COMPASS sharing thoughts and insights: Here is an edited highlight of this morning’s COMPASS CONTEMPLATION related to the advantages of buying property: DID YOU KNOW? The number of single-family renter households increased by 3.9 million more renters, or 34%,… [Read More]

Compass Markets

Posted by Leonard Steinberg, President of COMPASS, on Saturday, October 23rd, 2015 This week was a HUGE moment for Compass as we launched COMPASS MARKETS, the first ever real-time market reporting/analysis thats available in the palm of your hand via a mobile APP, instantly, anywhere in the world.  This Compass Markets APP is truly revolutionary, and we… [Read More]


  Pope Francis laments the days when the local shop carried every item a household required under one roof and how that shop created the kind of bonds between retailers and consumers that have virtually disappeared in our ultra-consumerist world. Consumerism has become increasingly isolating and lonely, especially when so much can be purchased on… [Read More]


Posted by Leonard Steinberg, President of COMPASS, on July 2nd, 2015 The Greatest Generation is in the midst of transferring massive amounts of wealth to their baby boomer kids (and grandkids), the largest generational transfer of wealth in history……to date. This is happening simultaneously to the beginnings of an even larger wealth transfer from Baby… [Read More]


Posted by Leonard Steinberg on June 30th, 2015 The City Rent Guidelines Board ordered a freeze on rent hikes for rent stabilized apartments for the first time in history. It froze rents for 1-year leases and capped increases on 2-year leases at 2%.  Real estate taxes are however rising around 13% and water-rates are rising… [Read More]


Posted by Leonard Steinberg, president of COMPASS on June 28th, 2015 A huge CONGRATULATIONS to all my fellow colleagues who were listed on the Real Trends TOP 1000 Agents in the Wall Street Journal yesterday: everyone on these lists should be extremely proud of their achievements considering they are in the Top 0.00125% of all… [Read More]