Posted by Leonard Steinberg on December 16th, 2013 12 East 69th Street was just listed for $ 114 million……oops, and $ 77,000.00….who came up with that price? Did they forget a faucet in their calculations and just tag it on at the end? The $ 100m+ New York real estate listing has become quite fashionable,… [Read More]
TODAY I FEEL AFRICAN-AMERICAN
Posted by Leonard Steinberg on December 15th, 2013 I immigrated to the USA about 29 years ago, and I am a US citizen now (which makes me African-American I guess), but today I feel very African with the burial of Nelson Mandela. Today I fully understand why so many immigrants, regardless of how long they have… [Read More]
CRAZY CONTRADICTIONS
Posted by Leonard Steinberg on December 14th, 2013 Today is indeed a day of ironies and contradictions: We learned that Desmond Tutu was snubbed from the Mandela funeral for being possibly the only true un-biased, genuinely honest critic of all things bad, including both the disgraceful Apartheid regime as well as the equally corrupted ANC… [Read More]
TALE-OF-2-REAL-ESTATE-TAX-CITIES: DE BLASIO TO GRACIE MANSION
Posted by Leonard Steinberg on December 12th, 2013 Some are chattering with disdain at the recent announcement that Mayor-elect Bill de Blasio will be moving into Gracie Mansion from his home in Park Slope: While the mansion is certainly beautiful, 12 years ago its possible that some would have thought Mike Bloomberg chose not to… [Read More]
Start your new year in this charming Greenwich Village studio with open views over townhouse gardens!
This charming L-shaped studio apartment located in a full service condominium building directly across the street from Greenwich Lane, the super-luxe new Rudin-developed building, offers a well proportioned space with very good light and highly appealing East exposures over townhouse gardens. The kitchen and bathroom have been updated. This has to be the most convenient… [Read More]
THE REAL ESTATE MISER-MILLIONAIRE
Posted by Leonard Steinberg on December 7th, 2013 The other day I identified a breed of New Yorker who chooses to live in their home in complete squallor, oblivious of (or ignoring) the fact that the real estate they are living in is worth MILLIONS. Why is it that these people hold on so desperately… [Read More]
INFORMATION CRISIS?
Posted by Leonard Steinberg on December 6th, 2013 I want to yell it from the mountaintops. I want to yell at the top of my lungs. I have done so many times before, but it appears no-one is listening: WE SUFFER FROM REALLY, REALLY BAD INFORMATION, especially in Real Estate! Aside from the horrifically inept,… [Read More]
New York Times reports "Big Ticket" Sale at 144 Duane Street!
A vintage TriBeCa loft building designed as a department store in 1862, reinvented as a warehouse for a children’s shoe company and then, in 2001, gut-renovated and transformed into boutique apartments, has sold for $43 million. It was the most expensive sale of the week, and garnered one of the highest prices for a… [Read More]
BRILLIANT DE BLASIO CHOICE FOR NEW YORK POLICE COMMISIONER
Posted by Leonard Steinberg on December 5th, 2013 Mayor Elect Bill de Blasio has appointed Bill Bratton as police commissioner for New York…..this is a brilliant choice and a very encouraging insight into our next mayor’s actions regardng crime. Bill Bratton is largely credited for the jaw-dropping turnaround in crime under the Giuliani administration. A… [Read More]
FLOCKING TO THE CITY: IS THE CITY KEEPING UP?
Posted by Leonard Steinberg on December 6th, 2013 The United Nations projected that half of the world’s population would live in urban areas at the end of 2008. By 2050 it is predicted that 64.1% and 85.9% of the developing and developed world will be urbanized. We continue to witness this prediction in action as we see… [Read More]