Posted on November 10th, 2012 by Leonard Steinberg In all the discussions about THE FISCAL CLIFF both parties are revealing to the world just how incompetent (and corrupt?)they really are when it comes to identifying what ‘rich’ is. Both are behaving in a discriminatory fashion that is pretty astounding. I know I keep repeating myself… [Read More]
NEW Rental Listing – 62 Cooper Square #4A – Prime Greenwich Village!
Carl Fischer Building, 62 Cooper Square, 4A – Greenwich Village Located on Cooper Square, steps off Astor Place at the crossroads of NOHO, the East Village and minutes from Soho, this remarkable , fully renovated 2 bedroom + study area loft apartment is positioned overlooking an enchanting treed square with an impressive span of large… [Read More]
THE 3rd SUPER-STORM: "SANDY", "ATHENA"……."THE FISCAL CLIFF"?
Posted by Leonard Steinberg on November 7th, 2012 As the second super-storm “Athena”, a strong nor’easter, approaches our shores with the expectation of super-strong winds, rain, snow and storm surges, we have to look towards a potentially bigger storm…..THE FISCAL CLIFF. Unlike nature, this is a $ 7 trillion storm we can actually be prepared… [Read More]
STRONG GROWTH IN NEW HOUSEHOLD FORMATION: IS THIS A GOOD INDICATOR FOR THE NEXT 4 YEARS?
Posted by Leonard Steinberg on November 7th, 2012 New American households are being set up at the fastest rate in more than six years: is this an indication that recession anxiety, which prompted adult children to move in with their parents and single people to postpone marriage, is starting to ease? Is this an indicator… [Read More]
New Rental Listing – 285 Lafayette #6A – SOHO
Located at 285 Lafayette Street at the crossroads of Soho and Nolita, this unique loft is truly epic in its proportions: the elevator door opens to reveal the magnificent southwest corner living room, perfect for entertaining on a grand scale. 13ft ceilings with abundant wall space are perfect for art collectors. A massive windowed kitchen… [Read More]
SELF-HEALING CONCRETE CRACKS?
Posted by Leonard Steinberg on November 5th, 2012 Cracks in concrete are a common problem in New York, especially noticeablye on sidewalks that are mostly the responsibility of the buildings they front. With the vast temperature range in New York from below freezing in Winter to over 100 degrees in Summer, cracked concrete can begin… [Read More]
THE FUTURE OF THE ‘PLATINUM MILE’?
Posted by Leonard Steinberg on November 5th, 2012 There is much chatter in the New York real estate community about the future of the ‘Platinum Mile’, that stretch of high end downtown properties fronting the Hudson River from 30th Street down to Tribeca. After Hurricane Sandy it is understandable that there is concern that these… [Read More]
ONE 57 CRANE COLLAPSE
Posted by Leonard Steinberg on October 29th, 2012 The uber-hyped, mega-luxe Extell new condominium building located at 157 West 57th Street is one of the first victims of Hurricane Sandy: The crane at the top of this construction site has collapsed and the area is being cleared. If you think the winds on the street… [Read More]
HURRICANE SANDY LESSONS
Posted by Leonard Steinberg on October 29th, 2012 As I sit observing white crested waves on the Hudson River, bracing for the worst of Hurricane Sandy, there are some real estate lessons to be learned. We all know that waterfront property has its risks, so in that is nothing new. But why is it that… [Read More]
I’VE GOT THAT SHRINKING FEELING….
Posted by Leonard Steinberg on October 26th, 2012 Yesterday a client mentioned to me an interesting phenomenon that is hitting the New York/Manhattan luxury real estate market. He was visiting a very high end new building in Greenwich Village and as he stood in one of the secondary bedrooms, he felt the entire world around him… [Read More]