Posted by Leonard Steinberg on November 27th, 2012 Warren Buffet has said what we have been YELLING in a recent New York Times editorial: Income of $ 250,000/year is NOT rich. Not in New York, or Los Angeles, or Miami, or San Francisco, or a host of other larger US cities. His piece addresses brilliantly… [Read More]
EXISTING HOME SALES CONTINUE CLIMBING
Posted by Leonard Steinberg on November 19th, 2012 The economy’s recovery is largey reliant on the housing market recovery, so today’s news from The National Association of Realtors that existing home sales climbed 2.1 percent last month to a seasonally adjusted annual rate of 4.79 million units, beating forecasts by Wall Street economists, comes as… [Read More]
GERMANY SHINES BRIGHT ON ITS OWN (CLEAN) ENERGY: WHY NOT NEW YORK?
Posted by Leonard Steinberg on November 17th, 2012 While Europe is faltering, Germany is one of the few countries rising above the growing tide of failure. One example of their success is their ability to invest into the future. Some estimate that Germany will produce close to 100% of its energy from renewable sources by… [Read More]
MIRACLE IN WEST CHELSEA
Posted by Leonard Steinberg on November 14th, 2012 West Chelsea Art galleries are to be commended for the incredible resilience: 2 weeks after SANDY flooded these galleries, there is strong evidence that many will be back in business, fully fixed up, this week……a miracle or simply that New York can-do spirit unlike any other? It… [Read More]
THE NEW VIEWS
Posted by Leonard Steinberg on november 13th, 2012 With a vast swath of new buildings under construction or about to begin construction in New York, only a select few of us will enjoy them from the inside, but all of us will be able to enjoy them from the outside……that’s of course the one’s that… [Read More]
OBAMANOMICS + BOEHNOMICS: ECONOMIC DISCRIMINATION
Posted on November 10th, 2012 by Leonard Steinberg In all the discussions about THE FISCAL CLIFF both parties are revealing to the world just how incompetent (and corrupt?)they really are when it comes to identifying what ‘rich’ is. Both are behaving in a discriminatory fashion that is pretty astounding. I know I keep repeating myself… [Read More]
NEW Rental Listing – 62 Cooper Square #4A – Prime Greenwich Village!
Carl Fischer Building, 62 Cooper Square, 4A – Greenwich Village Located on Cooper Square, steps off Astor Place at the crossroads of NOHO, the East Village and minutes from Soho, this remarkable , fully renovated 2 bedroom + study area loft apartment is positioned overlooking an enchanting treed square with an impressive span of large… [Read More]
THE 3rd SUPER-STORM: "SANDY", "ATHENA"……."THE FISCAL CLIFF"?
Posted by Leonard Steinberg on November 7th, 2012 As the second super-storm “Athena”, a strong nor’easter, approaches our shores with the expectation of super-strong winds, rain, snow and storm surges, we have to look towards a potentially bigger storm…..THE FISCAL CLIFF. Unlike nature, this is a $ 7 trillion storm we can actually be prepared… [Read More]
STRONG GROWTH IN NEW HOUSEHOLD FORMATION: IS THIS A GOOD INDICATOR FOR THE NEXT 4 YEARS?
Posted by Leonard Steinberg on November 7th, 2012 New American households are being set up at the fastest rate in more than six years: is this an indication that recession anxiety, which prompted adult children to move in with their parents and single people to postpone marriage, is starting to ease? Is this an indicator… [Read More]
New Rental Listing – 285 Lafayette #6A – SOHO
Located at 285 Lafayette Street at the crossroads of Soho and Nolita, this unique loft is truly epic in its proportions: the elevator door opens to reveal the magnificent southwest corner living room, perfect for entertaining on a grand scale. 13ft ceilings with abundant wall space are perfect for art collectors. A massive windowed kitchen… [Read More]