GOVERNMENT SHUTDOWN CONTINUES

Posted by Leonard Steinberg on October 5th, 2013 As the government shutdown continues mostly dictated by opposition to Universal Health care, I have to ask the question:  If its OK for us taxpayers to pick up the grossly inflated tab when an un-insured person walks into a Hospital emergency room, why is it not OK for… [Read More]

Posted on October 3rd, 2013 This weeks horrific biker gang incident highlights the unreal powers of motorcyclists in New York: do they exist above the law? It appears so. Only until now maybe have people come to realize just how lawless these road-terrorists really are. From a real estate perspective, I find the fact that… [Read More]

GOVERNMENT SHUTDOWN: WHERE IS A THIRD PARTY WHEN WE NEED ONE?

Posted by Leonard Steinberg on October 1st, 2013 Its official: our beloved government has failed again to reach a compromise in their negotiations mostly focused on Obamacare and a shutdown has resulted. Could this be avoided if we had a viable third party in government? Here are some facts to ponder: 1) The US deficit… [Read More]

150 CHARLES STREET CONSTRUCTION PROGRESS

Posted by Leonard Steinberg on September 30th, 2013 A quick-pic of 150 Charles Street construction progress, 2013’s most successful new building (by Cook + Fox for The Witkoff Group): looking good! Was a world record shattered when we sold $ 750 million in 3 months?

NEW YORK’S AIR CLEANEST IN 50 YEARS

Posted by Leonard Steinberg on September 27th, 2013 Mayor Bloomberg’s concerted efforts to make New York a healthier environment for all has paid off: New York’s air is cleaner now than in 50 years, and ranks 4th for clean air in a large City in the USA. Much of this is credited to the termination… [Read More]

NORMAN FOSTER’S 551 WEST 21ST STREET/150 ELEVENTH AVENUE ARRIVES

Posted by Leonard Steinberg on September 25th, 2013 Mega-architect Norman Foster and developer Scott Resnick’s new building at the corner of Eleventh Avenue and 21st Street in West Chelsea has come to market, now known as 551 West 21st Street. The 250ft tower across from Chelsea Piers and the Hudson River Park with its gracious… [Read More]

$50 MILLION TRUMP SOHO PENTHOUSE LISTED BY DOLLY LENZ

Posted by Leonard Steinberg on September 25th, 2013 As a follow up to last night’s BLURB, take note of another mega-priced listing: the presidential penthouse of the Trump Soho New York just hit the market for a whopping $50 million. The 10,000-square-foot (Maybe $ 5,000/sf is cheap compared to its competition?), customizable spot that’s being listed… [Read More]