Posted by Leonard Steinberg on February 1st, 2011 After attending the launch to-day of AVENUES, the new private school scheduled to open in September 2012 in West Chelsea on Tenth Avenue at 25th Street, I realized a new breed of global wealthy is emerging: The MEGA-CLASS. The MEGA CLASS is a group of very wealthy… [Read More]
HAVE YOU CHECKED YOUR MAILBOX?
Posted by Leonard Steinberg on January 27th, 2011 If you check your mailbox, you may find a lovely envelope from the New York City Department of Finance showing the new assessment on your property. One of my assessment notices showed that the market value of a property I own increased in value by over 60%…..in 2010! WOW! That’s facinating…. [Read More]
CARCHITECTURE!
Posted by Leonard Steinberg on January 24, 2011 Have you noticed how cars have become more cleverly integrated into architecture recently? Two great examples: 1111 Lincoln Road in Miami beach designed by Herzog and de Meuron and developed by Robert Wennet…..and 200 Eleventh Avenue in New York City by Annabelle Selldorf, developed by Glauco Lolli… [Read More]
DEAR MAYOR BLOOMBERG: ABOUT YOUR REAL ESTATE TAXES….
Posted by Leonard Steinberg on January 23, 2011 Mayor Bloomberg we love you: you are the greatest mayor this town has had. BUT, we have a serious problem with the real estate taxes in this City, and you are avoiding the big issue. You recently said in the NEW YORK POST that you feel the… [Read More]
SCREEN SOCIETY: IS THE i-HEAD NEXT?
Posted by Leonard Steinberg on January 20, 2011 As New York real estate brokers, we have become the SCREEN SOCIETY, our faces confronted by a screen/monitor literally all day long, either via a desktop computer, a laptop computer, an I-pad or a Blackberry/I-phone/cellphone. ….and then there is the TV, the TV monitor on the treadmill,… [Read More]
NEW YORK: THE MOST CORRUPT REAL ESTATE TAX SYSTEM IN THE WORLD?
Posted by Leonard Steinberg on January 18, 2011 Co-op and condo owners are slated to pay much higher real estate taxes next year, under a preliminary assessment roll released on Friday by the Bloomberg administration. The city attributed the rises, due to take effect in July 2011, to higher market values placed on apartment buildings… [Read More]
WHAT HAS HAPPENED TO CREDIBILITY? ARE ALL THESE ADVISORS QUALIFIED?
Posted by Leonard Steinberg on Januaryt 16, 2011 Ashlee Dupree, Elliot Spitzer’s fling-thing gives relationship advice in the New York Post. Reverend Al Sharpton speaks on MEET THE PRESS these days about keeping civil tones in political discussion. Reality TV shows show us the ‘reality’ of life in all its forms from fashion to cooking… [Read More]
AVENUES SCHOOL COMES TO WEST CHELSEA
Posted by Leonard Steinberg on January 13, 2011. ‘Avenues: The World School’ a brand new private school is coming to Chelsea, New York, accomodating 1,600 pre-K through 12th grade students, reliable sources have confirmed… The school will be located in an existing warehouse building that used to house the sets for ABC-TV soaps at 259 Tenth… [Read More]
THE NEW DEVELOPMENT RETURNS TO NEW YORK: A GIANT AWAKENS
Posted by Leonard Steinberg on January 13, 2011 After a 2 year hiatus, ‘New Development’, the darling of Manhattan high end real estate is coming back with a vengeance! We hear new buildings such as the Extell’s Park Hyatt building, Harry Macklowe’s Park Avenue tower, 250 West Street, the Rudin’s St.VIncent building are all moving… [Read More]
BUYING FROM FLOORPLANS: ARE THEY READY?
Posted by Leonard Steinberg on January 12, 2011 After 2008 showing prospective buyers of luxury property just the floorplans of a condominium with a model kitchen and bathroom virtually ceased. As construction and new projects ground to a halt in New York, the ‘new normal’ was all about showing a completed, furnished (staged) apartment to… [Read More]