SOME GOOD ECONOMIC NEWS?

Posted by Leonard Steinberg on June 3rd, 2012 I had lunch the other day with a REALLY successful, wealthy guy who pretty much has his pulse on the planet, especially financially. Out of this conversation I extruded good news for the luxury market in Manhattan. His belief, as is the belief of many, is that… [Read More]

WEST CHELSEA IS EXPLOSIVE!

Posted by Leonard Steinberg on June 1st, 2012 At  10:30 a.m. an explosion occurred at the site of a former Mobil gas station on 14th St. and 10th Ave.  in West Chelsea/Meat Packing District. NY 1 is reporting that crews were in the process of removing six gas tanks when the explosion occurred.

WILL THE BLACKBERRY-WIELDING-BROKER BE AN EXTINCT BREED?

Posted by Leonard Steinberg on June 1st, 2012 The number of brokers switching from Blackberry has grown dramatically over the past year: An increasing number of top companies and government departments that were once devoted to the Blackberry are instead now giving some staff the option of using Apple Inc’s iPhone or smartphones running off… [Read More]

ONE HUDSON YARDS

Posted by Leonard Steinberg on May 29th, 2012 More exciting news from the West Side…..Another new building is being planned by Gary Barnett, developer of One 57, at the Hudson Yards, the mega development north of West Chelsea experiencing a revolution mostly because it will be connected to Times Square by the # 7 subway extension… [Read More]

NEW YORK CITY: THE NEXT GLOBAL TECH POWERHOUSE

Posted by Leonard Steinberg on May 28th, 2012 New York  is especially well positioned in the NEW TECH ECONOMY: The recent expansion of New York’s Internet industry has forced some entrepreneurs — who recently automatically flocked to California’s Silicon Valley – to focus on New York. New York is now enough of an attractive alternative that a… [Read More]

NEW DIA ART MUSEUM COMING TO WEST CHELSEA’S WEST 22nd STREET

Posted by Leonard Steinberg on May 24th, 2012 DIA is about to launch an important new arts building in West Chelsea on West 22nd Street:  Dia just bought the former Alcamo Marble building at 541 West 22nd Street in Chelsea for $11.5 million. That building sits between its former space at No. 545, and its existing… [Read More]

THIS IS WHAT LIES UNDERNEATH NEW YORK

Posted by Leonard Steinberg on May 24th, 2012 This is what Manhattan is built on…..the picture above shows chunks of granite that were blasted out of the basement of a townhouse being renovated and shows just how intensely solid the foundation of a good chunk of Manhattan is. It is also a message about how… [Read More]

MAKE IT UP: IT'S CABLE TV!

CNBC host asks a reporter for comment on Durable Goods data: He had none…the anchor says:  “Make something up: it’s CABLE TV!” How real!

WE HAVE ENTERED THE NEW TECH ECONOMY

Posted by Leonard Steinberg on May 23rd, 2012 We have entered the NEW TECH ECONOMY, an economy that is reliant on, and thrives on technology to improve speed and productivity, lower costs and increase profitability. This Tech Economy makes our world a much smaller place by inter-connecting countries and economies instantly, 24 hours a day. It usurps… [Read More]