Posted by Leonard Steinberg on March 14th, 2014 Great article about 560 West 24th Street in this morning’s DAILY NEWS: http://nydn.us/1goCJjZ
$14.1 BILLION WALL STREET TAXES COLLECTED FOR NEW YORK CITY AND STATE TAX COFFERS
Posted by Leonard Steinberg on March 13th, 2014 Wall Street’s profits in 2013 were the seventh-largest ever: the combined profits of Goldman Sachs, JPMorgan Chase and other banks and brokers fell by 30% and revenues across the industry were flat, yet New York City collected $3.8 billion in Wall Street-related taxes last year, the second most ever!… [Read More]
NEW BUILDING REAL ESTATE TAX DISCRIMINATION
Posted by Leonard Steinberg on March 10th, 2014 PLEASE can someone explain to me why two beautifully finished out apartments in A-grade buildings in a prize location in Greenwich Village about 1 block apart from one another ON THE SAME STREET are being billed more than DOUBLE the other for real estate taxes? No, I… [Read More]
DOES AFFORDABLE HOUSING MEAN RENTAL HOUSING?
Posted by Leonard Steinberg on March 9th, 2014 As the cries for AFFORDABLE HOUSING grow in a city where labor, land and material costs keep escalating, it is probable that the only real solution for affordable housing is RENTAL housing. The percentage of new homes being built as rental apartments is at the highest level… [Read More]
MAYOR DE BLASIO: THE TEACHER’S UNION SOLDIER?
Posted by Leonard Steinberg on March 8th, 2014 Mayor de Blasio’s intense focus on the destruction of New York’s highly successful Charter School program begs the question: what are our Mayor’s priorities? Charter Schools have been a huge success and only cater to around 70,000 kids, or 7% of the system. For a mayor who… [Read More]
GLOBAL SUPER-RICH ARE RICHER AND NEW YORK IS ‘CHEAPER’!
Posted by Leonard Steinberg on March 7th, 2014 Today the Euro is trading around 1.39 to the dollar and the pound about 1.67, making New York increasingly ‘cheaper’ for the global rich who have grown in numbers over the last year as the world’s economies expand. Those Ultra High Net Worth Individuals whose combined assets… [Read More]
New Listing!! 456 West 19th St #6/7A
Perfectly positioned in the heart of the West Chelsea Arts District, yet moments from The Meatpacking District, the Highline and Hudson River Parks, this chic, loft-like duplex is virtually brand new, perched in the distinctive Cary Tamarkin-designed 1920’s-artists-studio-inspired brick and steel windowed building that is both contextual and modern. The entry gallery leads to the… [Read More]
AVENUES SCHOOL SOLD?
Posted by Leonard Steinberg on March 6th, 2014 Rumors swirling that AVENUES SCHOOL has been sold to the Fisher Family (THE GAP)? And they are adding space!
ART AND REAL ESTATE
Posted by Leonard Steinberg on March 6th, 2014 The Art Shows are in town and the next few days in Manhattan will be verrrrry art-focused. As always, the art crowd at the Armory Show were quite ‘arty’, mostly adorned from head-to-toe in black with seriously serious conversation the order of the day. I enjoy looking… [Read More]
THE NEW YORK BUILDING BOOM IS BACK!
Posted by Leonard Steinberg on March 4th, 2014 If you thought every block in New York was experiencing construction, you are right: the word on HOUSING PERMITS is in and it indicates a return to pre-recessionary construction levels. The combined number of New York City housing construction permits jumped 71% last year, even though the… [Read More]