GLOBAL SUPER-RICH ARE RICHER AND NEW YORK IS ‘CHEAPER’!

Posted by Leonard Steinberg on March 7th, 2014 Today the Euro is trading around 1.39 to the dollar and the pound about 1.67, making New York increasingly ‘cheaper’ for the global rich who have grown in numbers over the last year as the world’s economies expand. Those Ultra High Net Worth Individuals whose combined assets… [Read More]

New Listing!! 456 West 19th St #6/7A

Perfectly positioned in the heart of the West Chelsea Arts District, yet moments from The Meatpacking District, the Highline and Hudson River Parks, this chic, loft-like duplex is virtually brand new, perched in the distinctive Cary Tamarkin-designed 1920’s-artists-studio-inspired brick and steel windowed building that is both contextual and modern. The entry gallery leads to the… [Read More]

AVENUES SCHOOL SOLD?

Posted by Leonard Steinberg on March 6th, 2014 Rumors swirling that AVENUES SCHOOL has been sold to the Fisher Family (THE GAP)? And they are adding space!

ART AND REAL ESTATE

Posted by Leonard Steinberg on March 6th, 2014 The Art Shows are in town and the next few days in Manhattan will be verrrrry art-focused. As always, the art crowd at the Armory Show were quite ‘arty’, mostly adorned from head-to-toe in black with seriously serious conversation the order of the day. I enjoy looking… [Read More]

THE NEW YORK BUILDING BOOM IS BACK!

Posted by Leonard Steinberg on March 4th, 2014 If you thought every block in New York was experiencing construction, you are right: the word on HOUSING PERMITS is in and it indicates a return to pre-recessionary construction levels.  The combined number of New York City housing construction permits  jumped 71% last year, even though the… [Read More]

LUXOFLATION: THE WORLD JUST TUNED IN

Posted by Leonard Steinberg on March 3rd, 2014 The World has finally caught onto what I have been talking about for years – LUXOFLATION – the excessive inflation on luxury products, including real estate. In this morning’s Wall Street Journal, an article addresses the subject specifically related to retail. Despite expanding into new markets, the… [Read More]

5 INSANE DOUBLE STANDARDS

Posted by Leonard Steinberg on March 1st, 2014 Here are some crazy double standards to ponder….. 1)   NSA whistle-blower Edward Snowden has sought refuge in Russia (the world’s shining bastion for human rights) from the abusive horrors of the US spying on its citizens…..while Mr. Putin boasted during the Sochi Olympics that every e-mail, text and phone call… [Read More]

Authentic, classic designer-renovated SoHo loft living at its very best: 152 Wooster St

Authentic, classic designer-renovated SoHo loft living at its very best: This seductive home with approximately 2,800sf of meticulous living space is located on a quintessential cobbled street in the heart of Downtown’s most sophisticated neighborhood amongst the world’s leading boutiques, restaurants and galleries.  This triple mint, fully renovated home is configured as a sprawling 1… [Read More]

New Listing! 447 West 18th Street #4E

Located in the heart of West Chelsea, moments from the Meatpacking District, Chelsea Piers, The Hudson River and Highline Parks and so much more, The Chelsea Modern Condominium has the luxury of a 24-hour attended lobby, private fitness center, bike room, landscaped roof deck and cold storage for fresh grocery deliveries. Spacious and expansive, this… [Read More]

NEW YORK ROAD RAGE

Posted by Leonard Steinberg on February 27th, 2014 We have all complained about the condition of our New York roads before, but at times we may have felt we were whining: we were not. Its really that bad according to a new report released by TRIP, a Washington, D.C.-based national transportation organization. Have you ever driven… [Read More]