Posted by Leonard Steinberg on January 8th, 2014 Annie Liebovitz, the famous Vanity Fair photographer extraordinaire has just sold her ivy-clad West Village townhouse compound for $28.5 million after it sat on the market for many, many months. The compound consists of three unconnected homes: her home is at 757 Greenwich Street, her office at 755… [Read More]
THE AMENITY NEXT DOOR
Posted by Leonard Steinberg on December 3rd, 2013 Many buildings being developed in the luxury Manhattan real estate market these days would not be complete without a host of very impressive amenities, including swimming pools, gyms, garages, playrooms, etc, etc. This makes it difficult sometimes for smaller buildings to compete. While many of these amenities… [Read More]
150 CHARLES CONTINUES GROWING
Posted by Leonard Steinberg on October 21st, 2013 150 Charles Street, the CookFox-designed, Witkoff-developed condominium in the West Village that achieved the largest, fastest sell-out in history ($3/4 BILLION in 3 months!)keeps growing….
150 CHARLES STREET CONSTRUCTION PROGRESS
Posted by Leonard Steinberg on September 30th, 2013 A quick-pic of 150 Charles Street construction progress, 2013’s most successful new building (by Cook + Fox for The Witkoff Group): looking good! Was a world record shattered when we sold $ 750 million in 3 months?
BABY BOOMERS KEEP MOVING TO CITIES
Posted by Leonard Steinberg on August 9th, 2013 Developers always ask the question: what will be the target profile of buyers you imagine will buy in my building? The answer has changed. I learned to adapt my answer many years ago while selling a large building in Tribeca. Anyone would have automatically assumed young families… [Read More]
500 WEST 21st STREET – WEST CHELSEA'S NEWEST ADDITION
Posted by Leonard Steinberg on June 30th, 2013 Renderings were just released for the new Sherwood Equities-developed building coming to the corner of 21st Street and Tenth Avenue in West Chelsea abutting The Highline Park, 500 West 21st Street: I am not certain if I love or loathe this building. Elements of it are somewhat… [Read More]
ITS ALL ABOUT THE BIG VIEW, BUT NOT FOR ALL
Posted by Leonard Steinberg on June 14th, 2013 My recent experience selling 150 Charles Street, the record-shattering new Witkoff-developed building in the West Village, and more recent sales in other new very high end buildings in Manhattan, has given me a great insight into the mindset of New York high end buyers when it comes to… [Read More]
A WORLD RECORD FOR NEW DEVELOPMENT SALES AT 150 CHARLES STREET?
Posted by Leonard Steinberg on May 13th, 2013 Is it possible that sales at 150 CHARLES STREET are breaking a world record? After reaching the 3 month date on the calendar this weekend (February 11th, 2013 being the day we started sending out contracts) we are now in contract for almost $750 million worth of… [Read More]
150 CHARLES STREET: HALF A BILLION IN SALES IN 4 WEEKS
Posted by Leonard Steinberg on March 16th, 2013 The New York Times ran an article for this weekend’s REAL ESTATE section talking about the ‘Downtown Spring awakening’: 150 Charles Street, the Witkoff Group developed, CookFox-designed building in the West Village achieved over HALF A BILLION in sales in 4 weeks, certainly a record for New… [Read More]
BIG DEALS ARE BACK!
Posted by Leonard Steinberg on February 15th, 2013 Wall Street is still reeling from the re-birth of the BIG DEAL, where this week Warren Buffet and a Brazilian group swooped in to buy out HEINZ. Similar confidence in the BIG DEAL is being seen in the New York luxury real estate market where big players… [Read More]