Posted by Leonard Steinberg on July 18th, 2013 Mayor Bloomberg is encouraging New Yorkers to take the stairs by introducing new legislation to make stairs a more approachable alternative to taking the elevator. He said he would introduce legislation forcing new buildings and those undergoing major renovations to make it easier to walk up and down… [Read More]
ZAHA HADID COMES TO WEST CHELSEA
Posted by Leonard Steinberg on July 16th, 2013 Zaha Hadid, the Pritzker-prize-winning architect is coming to West Chelsea: the 11-story condo building coming to 520 West 28th Street, developed by Related, is perched on a site that was actually quite limiting, according to Hadid, keeping her signature TWA-terminal-esque grand swooshes in check. With two wings of uneven heights,… [Read More]
TREES SPROUT EVERYWHERE IN MANHATTAN
Posted by Leonard Steinberg on July 11th, 2013 Which bird made this tree sprout out of the side of a midtown New York building?
HOW DOES NEW YORK RATE BUSINESS-WISE?
Posted by Leonard Steinberg on July 10th, 2013 The WALL STREET JOURNAL just posted its rankings for the top states for doing business in the USA, and New York did not fare that well, mostly because of the exorbitant costs for doing business here and….our workforce. New York was ranked # 35 out of the… [Read More]
CAN NEW YORK TEACH PARIS SOMETHING?
Posted by Leonard Steinberg on July 7th, 2013 Everyone keeps asking why New York is so popular with foreigners……and it is. New York welcomes about 47 million visitors annually. The top producing countries for international visitors to New York City in 2011 were the United Kingdom (1,055,000), Canada (1,033,000), Brazil (718,000), France (662,000) Germany (587,000), Australia… [Read More]
HOT TOPIC OF THE DAY: INVENTORY
Posted by Leonard Steinberg on July 2nd, 2013 Last month in LUXURYLETTER we posted a note about how inventory levels have dropped to their lowest in almost a decade. This week, the market reports reported the same story……inventory levels are indeed very low right now. What these reports do not indicate is all the inventory… [Read More]
500 WEST 21st STREET – WEST CHELSEA'S NEWEST ADDITION
Posted by Leonard Steinberg on June 30th, 2013 Renderings were just released for the new Sherwood Equities-developed building coming to the corner of 21st Street and Tenth Avenue in West Chelsea abutting The Highline Park, 500 West 21st Street: I am not certain if I love or loathe this building. Elements of it are somewhat… [Read More]
LUXURYLOFT TEAM RANKED IN TOP 20 IN USA THIRD YEAR IN A ROW
Posted by Leonard Steinberg on June 29th 2013 The LUXURYLOFT TEAM ranked #8 this year in the national rankings of brokerage teams by the WALL STREET JOURNAL and Real Trends, the third year in a row to be in the TOP20……..a big thanks to my exceptional team, Herve Senequier, Lois Planco, Matt Amico, Amy Mendizibal,… [Read More]
WILL THE BRAZILIAN AND CHINESE BUYERS ABANDON NEW YORK?
Posted by Leonard Steinberg on June 25th, 2013 The chatter of bad economic news coming from Brazil and China recently leads to the question: will Chinese and Brazilian buyers who have helped fuel a notable uptick in activity and pricing in the Manhattan luxury market disappear and how will that affect our real estate market? I… [Read More]
508 WEST 24th STREET: A BEAUTIFUL ADDITION TO WEST CHELSEA
Posted by Leonard Steinberg on June 22nd, 2013 The chic art gallery block on West 24th Street between 10th and 11th Avenues, home to Gagosian, is getting a swell new neighbor…….a facade rendering has now been revealed: Designed by Cary Tamarkin, the concrete and black steel windowed building is quite a looker and brackets the… [Read More]