Posted by Leonard Steinberg on November 12th, 2013 Yesterday was Veteran’s Day, and while I have never fought in a war, I am considered somewhat of a ‘veteran’ in the real estate industry. Here are a few nutty and ironic observations during the day that I thought I’d share: 1) While trying to navigate… [Read More]
LULULEMON LESSONS
Posted by Leonard Steinberg on November 10th, 2013 Founder of LULULEMON Chip Wilson said the unthinkable the other day: he suggested that those stretchy see-through-ish yoga pants were not for all body types: HOW DARE HE! Obviously some of his production delivered excessively sheer product, for which he apologized. Its not enough. It seems everyone… [Read More]
CONSTRUCTION FUELS NEW YORK EMPLOYMENT
Posted by Leonard Steinberg on November 8th, 2013 Need further proof how building those pesky LUXURY CONDOS helps the City? Employers added 11,000 construction jobs in October hitting a 50-month high and marking the fifth consecutive month of gains in the sector, according to data analysis by the Associated General Contractors of America. Employers added 11,000… [Read More]
THE QUEST FOR ULTRA-PRIVACY
Posted by Leonard Steinberg on November 8th, 2013 We just listed a rather exceptional penthouse on Hubert Street in Tribeca at the brand new pre-war conversion 250 West Street that boasts a feature very few buildings can provide: ultra-privacy. The penthouse is accessed via a private drive-in drop-off entrance……from there you enter a completely dedicated… [Read More]
FALL IN LOVE WITH THIS TRIBECA RIVER-FRONT PENTHOUSE
Perched atop Tribeca’s newest iconic address, 250 West Street, sits an unparalleled brand new penthouse of epic proportions. Offering sweeping, protected Hudson River views with almost 120 feet of frontage facing West, The Penthouse residence will enthrall you from the moment you arrive. More info here: www.elliman.com/1662210
EUROPEAN CENTRAL BANK CUTS INTEREST RATES
Posted by Leonard Steinberg on November 7th, 2013 The European Central Bank cut interest rates to a new record low on Thursday, responding to a slump in inflation that has sparked fears the euro zone’s economic recovery could stall. Is this a move as a result of too much government spending and over-taxing? Were taxes raised… [Read More]
LANDSLIDE VICTORY MANDATE?
Posted by Leonard Steinberg on November 6th, 2013 Mayor-elect Bill de Blasio is talking today about how the City has given him a mandate to push his agenda forward because of his impressive winning margins. This may be so on the surface, but further analysis proves otherwise. So, Mayor-elect Mr. de Blasio, please consider the… [Read More]
MAYOR-ELECT DE BLASIO AND TAXES: THE REALITY?
Posted by Leonard Steinberg on November 6th, 2013 Its official: Bill de Blasio is the mayor-elect of New York City. Getting elected was relatively easy, but now its down to work. He is smart enough to know that botching Bloomberg’s successes will almost certainly lead to a fiscal mess and prevent the very things that… [Read More]
TROPHY SOHO PENTHOUSE LOFT: 383 WEST BROADWAY
Never before has a penthouse loft come to the market that combines indoor and outdoor living, the very essence of Soho, with the architectural proportions, natural light and unprecedented level of finishes and features as this magnificent home. Designed by Piero Manara & Debla Manara-Berger of Casamanara in direct collaboration with the owner, this unique… [Read More]
HUGE TAX REDUCTION COMING FOR THE HOLIDAYS! IS OPEC THE FED?
Posted by Leonard Steinberg on November 4th, 2013 On Good Morning America this morning a big news item was about gas prices plummeting, closer to $ 3/gallon. When the correspondent was asked why, the answer was somewhat disturbing to me…. she said it was because the economy was not doing that well and this would be… [Read More]