Posted by Leonard Steinberg on December 7th, 2013 The other day I identified a breed of New Yorker who chooses to live in their home in complete squallor, oblivious of (or ignoring) the fact that the real estate they are living in is worth MILLIONS. Why is it that these people hold on so desperately… [Read More]
INFORMATION CRISIS?
Posted by Leonard Steinberg on December 6th, 2013 I want to yell it from the mountaintops. I want to yell at the top of my lungs. I have done so many times before, but it appears no-one is listening: WE SUFFER FROM REALLY, REALLY BAD INFORMATION, especially in Real Estate! Aside from the horrifically inept,… [Read More]
New York Times reports "Big Ticket" Sale at 144 Duane Street!
A vintage TriBeCa loft building designed as a department store in 1862, reinvented as a warehouse for a children’s shoe company and then, in 2001, gut-renovated and transformed into boutique apartments, has sold for $43 million. It was the most expensive sale of the week, and garnered one of the highest prices for a… [Read More]
BRILLIANT DE BLASIO CHOICE FOR NEW YORK POLICE COMMISIONER
Posted by Leonard Steinberg on December 5th, 2013 Mayor Elect Bill de Blasio has appointed Bill Bratton as police commissioner for New York…..this is a brilliant choice and a very encouraging insight into our next mayor’s actions regardng crime. Bill Bratton is largely credited for the jaw-dropping turnaround in crime under the Giuliani administration. A… [Read More]
FLOCKING TO THE CITY: IS THE CITY KEEPING UP?
Posted by Leonard Steinberg on December 6th, 2013 The United Nations projected that half of the world’s population would live in urban areas at the end of 2008. By 2050 it is predicted that 64.1% and 85.9% of the developing and developed world will be urbanized. We continue to witness this prediction in action as we see… [Read More]
THE AMENITY NEXT DOOR
Posted by Leonard Steinberg on December 3rd, 2013 Many buildings being developed in the luxury Manhattan real estate market these days would not be complete without a host of very impressive amenities, including swimming pools, gyms, garages, playrooms, etc, etc. This makes it difficult sometimes for smaller buildings to compete. While many of these amenities… [Read More]
LUXURYREEL: THE FIRST BROKER WEB-TV IS LAUNCHED
Posted on December 2nd, 2013 We are pleased to announce LUXURYREEL, the first New York real estate broker web-based television channel featuring some of the finest New York properties we are marketing. www.luxuryreel.com
LESSONS FROM THE MIAMI MARKET
Posted by Leonard Steinberg on December 2nd, 2013 This week heralds the beginning of ART BASEL in Miami, that eponymous art fair that revolutionized the perception of Miami from an average American coastal resort City to a world-class cultural center. Of course along with this culture comes a large swath of horrendous wannabe’s entirely focused… [Read More]
This perfect loft on Ladies Mile is newly listed:
Located on Ladies’ Mile, the most coveted stretch of iconic pre-war buildings on Fifth Avenue in the Flatiron District, moments from Union Square and every conceivable amenity and convenience, this recently renovated loft comprises a gracious entry hallway that leads to the generously proportioned living room. An adjoining open kitchen, superbly milled by master… [Read More]
40 BOND CLOSING REPORTED IN NEW YORK TIMES
Our closing of 40 BOND STREET was reported in this morning’s NEW YORK TIMES: http://cityroom.blogs.nytimes.com/2013/11/29/big-ticket-outdoor-living-in-noho-for-23-million/?ref=realestate&_r=0