Posted on May 29th, 2013 As more hard evidence emerges that the housing market is indeed experiencing a significant country-wide recovery, new data shows how impacting this is on the overall economy, fueling confidence and spending and off-setting other less-than-great economic news. In a consumer-driven economy, a confident consumer (with improved net worth because of… [Read More]
NEW YORK: ARE PARKING TICKETS DISGUISED TAXATION?
Posted on May 27th, 2013 Have you noticed how inefficient the systems of New York are in the area of deliveries? A good chunk of traffic congestion can be attributed to delivery trucks double parking and blocking the flow of traffic: why does the City not enforce delivery parking bays within certain hours so that trucks… [Read More]
BLOOMBERG'S TAXI FIGHT IS THE RIGHT FIGHT – PLEASE REPLACE THE CABS OF NEW YORK!
The NEW YORK POST continued its attack on Mayor Bloomberg who claimed yesterday he doesn’t remember unloading an f-bomb-laced tirade on a taxi-fleet kingpin during a Knick game last week. Taxi Club Management CEO Gene Freidman, who won a legal challenge to Bloomberg’s “Taxi of Tomorrow” based on a technicality requiring more Hybrid cabs, told The… [Read More]
SHVO NO!
Posted on May 22nd, 2013 Michael Shvo is back……and this time he is returning as a developer, having partnered with an established developer to buy the LUKOIL/GETTY gas station (reported fist here, btw….). Shvo, with developer Victor Homes, beat out competitors to acquire 239 Tenth Avenue, a gas station site at Tenth Avenue and West… [Read More]
TWEET-SAVVY ANTHONY WEINER TO REPLACE BLOOMBERG AS NEXT NEW YORK MAYOR?
Posted on May 22nd, 2013 Anthony Weiner, the texting-twittering-tiranic former U.S. Representative announced in a video message early this morning that he is running for New York City mayor. Two years after resigning from Congress in a lewd photo scandal, he’s ba-ack. Pundits are asking if voters in the conservative state of North Carolina who recently re-elected Mark… [Read More]
TRIBECA EAST: HOME OF ONE 57 SOUTH?
Posted on May 16th, 2013 Is the concept of Midtown highrise living (a-la-One57)invading Eastern Tribeca? It appears so. Joining the sky-high condominiums of the Woolworth Building and 56 Leonard Street comes word that Larry Silverstein has finally secured funding for his long-planned $950 million luxury high-rise in TriBeCa: The 82-Story Robert A. M. Stern-designed tower will… [Read More]
US BUDGET DEFICIT TO SHRINK TO 2008 LEVELS: HAS RATIONAL EXUBERANCE ARRIVED?
Posted on May 14th, 2013 After this morning’s KNIGHT FRANK-led conference on the international housing outlook, predicting huge growth in demand for luxury real estate as global wealth expands, more news came in about the ever improving U.S. economy: The budget deficit will shrink this year to $642 billion, the smallest shortfall in five years….some good… [Read More]
SEEN AT FRIEZE 2013, NEW YORK
Posted on May 13th 2013 I loved this lady at the FRIEZE 2013 art show this weekend in New York on Randall’s Island: she stood in sharp contrast to all those uber-haute-culture-fashionistas in their daunting black ensembles, profound accessories, carefully placed tattoos, statement jewelry, abstract expressionistic hairstyles and seriously framed glasses. I vote for this… [Read More]
A WORLD RECORD FOR NEW DEVELOPMENT SALES AT 150 CHARLES STREET?
Posted by Leonard Steinberg on May 13th, 2013 Is it possible that sales at 150 CHARLES STREET are breaking a world record? After reaching the 3 month date on the calendar this weekend (February 11th, 2013 being the day we started sending out contracts) we are now in contract for almost $750 million worth of… [Read More]
DO YOU KNOW WHAT YOUR NEIGHBORS ARE UP TO?
Posted by Leonard Steinberg on May 9th, 2013 The horrific details of the kidnapped ladies in Cleveland are being revealed, and I am not sure what is more horrifying: the details of this crazed sadistic monster’s actions or the fact that for over a DECADE none of the neighbors had any clue there were captives… [Read More]