Posted by Leonard Steinberg on February 17th, 2012 Now there is no excuse for using those hideous fluorescent lightbulbs that emit the vulgar light better associated with surgery chambers: A LED lightbulb thats affordable! The PHAROX lightbulb is an LED that uses about as much energy as a fluorescent bulb, and a fraction of the… [Read More]
NEW YORK IS THE WORLD’S 47th MOST EXPENSIVE CITY…..HUH?
Posted by Leonard Steinberg on February 15th, 2012 New York is the 47th most expensive city in the world…huh? Zurich took over from Tokyo as the world’s most expensive city to live in: that is what the Economist Intelligence Unit’s most recent world-wide cost-of-living survey says, even though it is somewhat difficult to believe. Of course… [Read More]
HAVE YOU SEEN? ART INSTALLATION UNDER HIGHLINE PARK AT 24th STREET
Posted by Leonard Steinberg on February 15th, 2012 Have you seen the rather striking art installation now on display under the Highline Park at 24th Street (on the site of the future PACE gallery), New York’s prized Contemporary Art gallery block between 10th and 11th Avenues? It’s worth a visit! Best viewed after dark, it… [Read More]
PROOF OF THE #7 SUBWAY EXTENSION TO 34th STREET @ 11th AVENUE
Posted by Leonard Steinberg on February 14th, 2012 A perfect Valentine’s gift came to-day in the way of proof that the West Side of Midtown will no longer be isolated from the rest of Manhattan: the tunnel connecting 11th Avenue and 34th Street and Times Square is completed and now the finishing process has begun… [Read More]
IS FIRST CLASS THE NEW MIDDLE CLASS?
Posted by Leonard Steinberg on February 12th, 2012 I just read an article in the New York Times that confirms domestic First Class on airlines is just a slightly bigger, wider version of the horrific Coach class airlines offer to fliers, regardless that they are spending triple or more for their seat. In fact, the perks for… [Read More]
THE MEGA-MANSION RISES AGAIN….EVEN IN NEW YORK
Posted by Leonard Steinberg on February 11th, 2012 While the Occupy Wall Street movement exposed the deep divide between the 1% and the 99%, bonuses dropped sharply even for some of the wealthiest and President Obama announced a new budget that includes raised taxes on the wealthy, the super-wealthy have been building some exceptionally large houses around the… [Read More]
MORE PROOF THAT AVERAGES ARE MIS-INFORMATION
Posted by Leonard Steinberg on February 8th, 2012 Rick Santorum just proved to the world that there is no such thing as an AVERAGE Republican with his dramatic wins in Colorado, Minnesota, and Missouri…..there are Romney Republicans, Gingrich Republicans and Santorum Republicans. No averages here. And it proves yet again that averages are hugely inaccurate…. [Read More]
U. S. MORTGAGE RELIEF PROGRAM ON ROBO-SIGNED FORECLOSURES ALMOST AGREED UPON.
Posted by Leonard Steinberg on February 6th, 2012 A deal is about to be agreed upon for the Obama led multibillion-dollar mortgage relief settlement to address foreclosure abuses by large banks between 2007 and 2011. The potential support from California and New York comes in exchange for tightening provisions of the settlement to preserve the right to… [Read More]
MADONNA’S SUPER BOWL NOUVELLE 50 REAL ESTATE MESSAGE?
Posted on February 4th, 2012 by Leonard Steinberg. In a desperate attempt to find a lighter topic for a newsworthy real estate post, to-day I am trying to find meaning in the story of the weekend….SUPER BOWL. Yes, even I know its Super Bowl this weekend, although my attention is mostly focused on the half-time… [Read More]
MARTHA STEWART SMILING: CONGRESS VOTES AGAINST INSIDER TRADING AMONGST ITS OWN.
Posted by Leonard Steinberg on February 3rd, 2012 Miracles do happen: the Senate voted Thursday to strengthen insider-trading bans for its members (the kind of law that applies to non-elected citizens of our land), and in the process agreed to ban bonuses for Fannie Mae and Freddie Mac executives. The Senate overwhelmingly passed on a… [Read More]