Posted by Leonard Steinberg on July 23rd, 2013 The WALL STREET JOURNAL this morning addresses a concern of many: are first time homebuyers being excluded from the housing recovery? Manhattan has always been a tough place for first time homebuyers, yet depending on the expectations of these buyers, I find there is always an entry… [Read More]
DATA DISGRACE: REALLY BAD INFORMATION
Posted by Leonard Steinberg on July 21st, 2013 This month several real estate company reports were released addressing the 2nd quarter of real estate sales in New York. What astounded me (and surely many consumers) was the huge variance in the reporting. I was shocked how several real estate firms reported flat pricing even though anyone and everyone… [Read More]
ITS TOO DAMN HOT!
Posted by Leonard Steinberg on July 19th, 2013 The rent is too damn high and its too darn hot!…….seen earlier today on the streets of New York….
LESSONS FROM BANKRUPT DETROIT?
Posted by Leonard Steinberg on July 19th, 2013 Detroit filed for the largest municipal bankruptcy in U.S. history yesterday after steep population and tax base declines sent it tumbling toward insolvency. The filing by a state-appointed emergency manager means that if the bankruptcy filing is approved, city assets could be liquidated to satisfy demands for payment…. [Read More]
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IS CENTRAL PARK SOUTH THE NEW CENTRAL PARK WEST?
Posted by Leonard Steinberg on July 18th, 2013 Yesterday’s announcement that Steve Witkoff is in contract to buy the Park Lane Hotel on Central Park South for $ 650 million and construct a new residential tower leads me to believe that Central Park South, once associated with hoards of tourists and horse-drawn carriages, and already home to… [Read More]
New Rental Listing: 6 Varick Street #7C
Be inspired by this truly one-of-a-kind, authentic, enormous prewar loft in prime Tribeca, moments from all of the neighborhood’s superb restaurants and amenities, public transportation and the Hudson River Park: Incomparable sunlight floods this exquisite space through south-facing arched windows (9 in total) with exposed brick walls, rough-hewn beams and that sophisticated bohemian chic that’s… [Read More]
BLOOMBERG SAYS USE THE STAIRS!
Posted by Leonard Steinberg on July 18th, 2013 Mayor Bloomberg is encouraging New Yorkers to take the stairs by introducing new legislation to make stairs a more approachable alternative to taking the elevator. He said he would introduce legislation forcing new buildings and those undergoing major renovations to make it easier to walk up and down… [Read More]
NEW Rental Listing! 201 West 21st Street #6D
Picture perfect studio blending style, form & function with beautiful appointments. Bathed in brilliant light from an Eastern wall of widows, this home features: modern kitchen with granite counters & dishwasher, Bamboo Flooring and large walk-in-closet, The location is superb & central to everything: transportation, fine dining, Whole Foods Market. The Building features a 24/7… [Read More]
NEW RENTAL LISTING: 201 West 21st St #6D
Picture perfect studio blending style, form & function with beautiful appointments. Bathed in brilliant light from an Eastern wall of widows, this home features: modern kitchen with granite counters & dishwasher, Bamboo Flooring and large walk-in-closet, The location is superb & central to everything: transportation, fine dining, Whole Foods Market. The Building features a 24/7… [Read More]