New Listing! 124 Hudson St #4C

                The perfectly scaled light-filled corner four bedroom apartment in prime Tribeca in an A-grade building with superb views: Located in the heart of Tribeca, moments from all transportation, amenities, retail and restaurants, in an elegant full service 24-hour doorman condominium building, this exceptional apartment has it all…. [Read More]

NEIMAN MARCUS GOES WEST: HUDSON YARDS MANHATTAN LUXE!

Posted by Leonard Steinberg on September 4th, 2014 Where will all those chic new homeowners coming to West Chelsea do their shopping? Neiman’s of course!  A quick hop onto the Highline Park will take swell Chelsea dwellers a few streets north to Hudson Yards. Yes, its official: Neiman Marcus is coming to the West Side… [Read More]

THE INFLUENCE OF HOTELS ON LUXURY APARTMENT BUYERS

Posted by Leonard Steinberg on August 27th, 2014 I am currently comfortably settled in my hotel room at the tip of a peninsula overlooking the Mediterranean Sea and the famous Faraglioni rocks of Capri. Looking around this room I am reminded why so many buyers of luxury real estate around the world use the quality… [Read More]

SUPER-MODEL GISELLE EARNS $47 MILLION PER YEAR

Posted by Leonard Steinberg on August 21st, 2014 I am happy to hear that Giselle, the ultimate super-model, earns $47 million per year…..she buys lots of real estate, pays lots of taxes and fuels lots of jobs. What I am not happy to hear is the automatic outrage one hears when a corporate titan earns… [Read More]

ONE-TIME CASH WINDFALLS: WHAT TO DO WITH THE MONEY?

Posted by Leonard Steinberg on August 21st, 2014 I sit on the Board of my building, and sometimes (very seldom) a building can come into a windfall of money, a surprise revenue source that boosts its reserves unexpectedly and outside all budgetary expectations. New York State is experiencing this exact phenomena right now:  It will realize a… [Read More]

THE INNOVATION ECONOMY: IS TECHNOLOGY NEW YORK'S FUTURE?

Posted by Leonard Steinberg on August 19th, 2014 There can be no doubt that technology has become a key driving force and growth sector for the New York economy (and the world in general). A city that was once almost entirely reliant on the financial sector for high paying jobs is seeing tech catch up… [Read More]

THE 24/7/365 WORLD

Posted by Leonard Steinberg of URBAN COMPASS on August 16th, 2014 In my role as President of URBAN COMPASS, I post some of my thoughts and observations to the company. I thought I would share this one as it highlights the new world we live in: THE 24/7/365 WORLD. Seasons are a magical way of reminding us… [Read More]