Posted by Leonard Steinberg on February 22nd, 2014 Once you’ve achieved great wealth, often a painful lesson sets in: without your health that wealth is pretty useless, although it certainly helps to be wealthy if health is important to you. Have you noticed how health-conscious the wealthy have become not only in weight and appearance-obsessed… [Read More]
MURDOCH’S PENTHOUSE ECONOMIC STIMULUS: A NEW DOWNTOWN RECORD
Posted by Leonard Steinberg on April 21st, 2014 Rupert Murdoch is in contract to buy the penthouse (combined with one floor below)at One Madison Park for $57,25 million, the fabled building that was possibly the most famous victim of the 2008 GREAT RECESSION, bailed out by HFZ Capital and Related, and redesigned on the interior… [Read More]
LUXU-WEE TOILETS COMING TO MANHATTAN?
Posted by Leonard Steinberg on February 20, 2014 I think this is a brilliant idea: New York has failed to deliver clean public toilets for decades, so a New York firm wants to charge people up to $8 a day to use “luxury” toilet complexes in Midtown. Posh Stow and Go plans to open “clean, safe… [Read More]
55 NEW MULTI-MILLIONAIRES: WhatsAPP WITH THAT?
Posted by Leonard Steinberg on February 20th, 2014 It has been reported that Facebook will be buying WhatsApp for almost $19 billion, hence making each of their 55 employees multi-millionaires. If this were to be averaged amongst them (highly doubtful) they would each be taking home an average of around $344 million, making POWERBALL winners… [Read More]
MAYOR DEBLASIO DECLARES WAR ON NEW YORK PEDESTRIAN FATALITIES
Posted by Leonard Steinberg on February 19th, 2014 I applaud Mayor DeBlasio for making bold efforts to reduce pedestrian fatalities and injuries in New York: now he wants to reduce the Manhattan speed limit to 25mph from 30mph and help enforce this by installing more cameras to help enforce this law. Its always smart to… [Read More]
THE ROLLER COASTER 2000's
Posted by Leonard Steinberg on February 16th, 2014 The world keeps asking “what’s next?” With over 20,000 high priced apartments currently under construction, that is a fair question. Many Manhattan developers who very recently talked about $ 2,000/sf are now talking $ 3,000/sf. “DUBAI 57”, the 57th Street corridor that looks a wee bit like… [Read More]
NEW YORK GARBAGE DISGRACE
Posted by Leonard Steinberg on February 15th, 2014 This week we were again reminded how antiquated the garbage collection system is in our GLOBAL CENTER, New York City: Its truly outrageous. The endless snows have slowed garbage collection to a grind, with sidewalks piling up with garbage bags. Worse, when the trucks eventually roll around… [Read More]
MANHATTAN CONSTRUCTION TRAFFIC NIGHTMARE
Posted by Leonard Steinberg on February 13, 2014 Have you noticed recently just how bad the traffic has become in Manhattan? It seems every block has at least 2-3 constructions sites, some even more. These construction sites require bringing in large equipment and trucks that congest and cause traffic chaos. Most have a construction shed… [Read More]
MELANIE LAZENBY WINS DOUGLAS ELLIMAN’S TOP PRODUCER AWARD
Posted by Leonard Steinberg on February 13th, 2014 Dolly Lenz has been de-throned: A big CONGRATULATIONS to Melanie Lazenby, who was announced as the NUMBER ONE broker at Douglas Elliman’s real estate awards event last night (The Ellie’s) at CIPRIANI by Howard Lorber. Breathtakingly beautiful Melanie sold the most expensive condominium in 2013 at 18… [Read More]
AFFORDABLE HOUSING FOR WHOM?
Posted by Leonard Steinberg on February 11th, 2014 The gorgeous building housing CITY HALL restaurant at 131 Duane Street just sold for over $18 million: this sale highlights an issue that Mayor De Blasio needs to address related to AFFORDABLE HOUSING: The building houses 6 rent stabilized tenants who are supposedly paying an average of… [Read More]