NYC MARKET RESULTS: NEGLECT OF THE MIDDLE RICH?

Posted by Leonard Steinberg, President of URBAN COMPASS, on June 30th, 2014 Is the New York real estate market starting to soften? Some reports say so, but it probably has everything to do with the INVENTORY issue.  Signed contracts may have declined in recent quarters compared to the prior year but it’s not because of… [Read More]

IS THE CO-OP BACK?

Posted by Leonard Steinberg on April 17th, 2014 With the recent $70 million sale of the 960 Fifth Avenue Bronfman penthouse and the $ 42million Central Park West Jon Stryker sale (by Robby Browne)that just closed, we may conclude that rumors of the CO-OP’s demise have been grossly exaggerated! The Central Park West sale is… [Read More]