Posted by Leonard Steinberg on October 29th, 2011 THE BIGGEST SOCIAL REVOLUTION EVER? We are currently experiencing a dramatic societal shift, and in it lie superb clues to the future of our planet, and luxury real estate, a subject I am focused on. Here are the key trends: Machines have replaced humans on a grand scale:… [Read More]
OBAMA PROPOSES ASSISTED RE-FINANCING OF TROUBLED MORTGAGES
Government assisted re-financing
US RESIDENCE VISA FOR SALE…… VIA REAL ESTATE PURCHASE!
Posted on October 20th, 2011 Senators Charles Schumer of New York and Mike Lee of Utah are proposing a Bill that would provide foreign buyers a residence visa if they buy a US home worth $ 500,000.00 or more. Now that’s a REAL incentive for foreign buyers! I think this is a brilliant idea, and could… [Read More]
OCCUPY HOLLYWOOD! OCCUPY THE NBA! OCCUPY 7th AVENUE!
Posted by Leonard Steinberg on October 17th, 2011 So OCCUPY WALL STREET keeps growing based on the masses’ fury at Wall Street’s corporate greed. The facts are simple: greed exists on Wall Street for sure. But greed exists in many other areas too: 1) Hollywood: Every time you see a Tom Cruise Movie, Tom’s $… [Read More]
WHERE ARE THE JOBS…..OR WHERE ARE THE SKILLED WORKERS?
Posted by Leonard Steinberg on October 15th, 2011 With real unemployment soaring closer to 20%, unemployment has become the key problem in resolving our fiscal woes. Unemployed people cannot spend the way employed people do and the economy is suffering mostly from lack of demand. The saddest part of this story is that there are indeed… [Read More]
OCCUPY WALL STREET? IT'S ALL ABOUT THE WRONG LOCATION!
Posted by Leonard Steinberg on October 15th, 2011 As OCCUPY WALL STREET continues, I feel its connection to the real estate world and how location is everything. Do these demonstrators know nothing about how one block can make all the difference in New York? Firstly, the title is about as accurate as WOODSTOCK, the era-defining… [Read More]
REAL ESTATE LIFE IN THE BLACKBERRY BLACKOUT
Posted by Leonard Steinberg on October 12th, 2011 As the BLACKBERRY BLACKOUT continues, I as a real estate broker vow never to complain about my Tech ever again, even though at times it may be warranted. Life in real estate land in New York is simply HORRIBLE without a functioning Blackberry. I feel I have… [Read More]
IS THE ANSWER TO U.S. UNEMPLOYMENT IN THE NAME STEVE JOBS?
Posted by Leonard Steinberg on October 6, 2011 With Steve Job’s passing, certainly one of the greatest losses of 2011, it may be a good time to look at his company as a case study for the future of other companies in the USA. I write this on a MAC, own an I-pad, I-pod and… [Read More]
700 PROTESTERS ARRESTED ON NEW YORK’S BROOKLYN BRIDGE – OLD FASHIONED?
Posted by Leonard Steinberg on October 2nd, 2011 Yesterday while most of Wall Street was away enjoying the first weekend of Fall 2011 in the Hampton’s, 700 Protesters were arrested for blocking the Brooklyn Bridge, protesting all sorts of things especially Wall Street GREED. Isn’t this a bit old-fashioned in the age of Twitter-heads and Facebookers? I… [Read More]
WHEN REAL ESTATE BECOMES ART
Posted by Leonard Steinberg on September 29th, 2011 Have you walked the HIGHLINE PARK by 245 Tenth Avenue recently? If so, you will see a light installation called REMOTE NATION by artist Kevin Cooley that is really rather exceptional. All West facing windows overlooking The Higline Park emanate light transmitted by dozens of televisions placed… [Read More]