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]

NEW LISTING!! 110 THIRD AVE #9C

Perched above the intersection of the vibrant East Village, Greenwich Village and Gramercy, moments from Union Square and every imaginable convenience including the Farmer’s Market, all subways, Whole Foods, Trader Joe’s, the best restaurants and retail, this immaculate sun-bathed modern corner apartment with floor-to-ceiling windows designed by Danielle Galland has it all: Enter into the… [Read More]

NEW LISTING!! 525 East 11th Street #5A

Perched above a picturesque garden and park, this light filled 2 bedroom, 2 bath condo home is a rare find. In triple mint condition, featuring a brand new custom kitchen with top grade finishes this home has the essence of new development without the wait. Highlights of this home include: Open views from all rooms,… [Read More]

NEW TOWNHOUSE LISTING!! 450 WEST 25th ST

Nestled in the heart of West Chelsea, Manhattan’s ultimate urban oasis teaming with the world’s leading contemporary art galleries, chic restaurants and moments from AVENUE’S School, the Highline Park, Hudson Yards, and the Hudson River Park, this superb townhouse has been completely gut renovated and re-built by a highly experienced developer and will be ready… [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]

NEW LISTING – 231 Tenth Ave #2A

   Located in the heart of West Chelsea, Downtown’s most vibrant neighborhood that provides a unique mix of the world’s leading art galleries, restaurants and retail, and anchored by the remarkable Highline Park (that connects West Chelsea to the Meatpacking District and the Hudson Yards) and the Hudson River Park (with Chelsea Piers), this elegant… [Read More]

NEW LISTING!! 64 PERRY ST

This historic sun-kissed townhouse centered on an ultra-prime, exquisite tree-lined West Village block, faces south over one of the most picturesque gardens (with a 280 year old white horse chestnut tree)in all of New York City. The house requires a gut renovation: fully approved, highly detailed plans by AD 100 architect Steven Harris come with… [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]