Posted by Leonard Steinberg on January 25th, 2014 Many developers are in a quandary: what is the ‘next’ design direction and how do you deliver this without taking on too much risk. In the last few years we have seen new adjectives emerge in the different styles of finish-out……here are some: 1) Richard Meier-esque:… [Read More]
BRACE YOURSELF: IS LUXE-HYPER-INFLATION AROUND THE CORNER?
Posted by Leonard Steinberg on December 19, 2010 Downtown New York residential real estate inventories are now approaching the levels of 2005…..does this equate to the beginnings of a shortage? With new construction having ground to a virtual halt over the past 2 years, we should not expect any brand new DELIVERABLE quality ultra-luxury apartments for… [Read More]