Posted by Leonard Steinberg on October 19th, 2013 Its almost a certainty that New York’s next mayor will be Bill de Blasio who has been very vocal about the need for more affordable housing. He is correct, and just like Mayor Bloomberg has added more than 156,000 units in his 12 years, very close to… [Read More]
NEW YORK’S AIR CLEANEST IN 50 YEARS
Posted by Leonard Steinberg on September 27th, 2013 Mayor Bloomberg’s concerted efforts to make New York a healthier environment for all has paid off: New York’s air is cleaner now than in 50 years, and ranks 4th for clean air in a large City in the USA. Much of this is credited to the termination… [Read More]
REFLECTING ON 9/11 A DOZEN YEARS LATER
Posted by Leonard Steinberg on September 11th, 2013 Its a dozen years since the horrific attacks of 9/11: since then New York and our world has changed forever, so here are some observations of the effects of 9/11 from a real estate (and human)perspective: 1) SECURITY remains an on-going, daily concern. We are reminded… [Read More]
BLOOMBERG'S TAXI FIGHT IS THE RIGHT FIGHT – PLEASE REPLACE THE CABS OF NEW YORK!
The NEW YORK POST continued its attack on Mayor Bloomberg who claimed yesterday he doesn’t remember unloading an f-bomb-laced tirade on a taxi-fleet kingpin during a Knick game last week. Taxi Club Management CEO Gene Freidman, who won a legal challenge to Bloomberg’s “Taxi of Tomorrow” based on a technicality requiring more Hybrid cabs, told The… [Read More]
NEW YORK GREEN LAW TO CREATE A RENEWABLE ENERGY WEBPORTAL
Posted by Leonard Steinberg on March 4th, 2013 A new GREEN LAW was signed into effect this past week by Mayor Bloomberg, Intro 887-A: It establishes a Renewable Energy Webportal that consolidates information into an easy-to-navigate website that New York homeowners can access to study new climate change initiatives, how they can implement renewable energy systems,… [Read More]
I’VE GOT THAT SHRINKING FEELING….
Posted by Leonard Steinberg on October 26th, 2012 Yesterday a client mentioned to me an interesting phenomenon that is hitting the New York/Manhattan luxury real estate market. He was visiting a very high end new building in Greenwich Village and as he stood in one of the secondary bedrooms, he felt the entire world around him… [Read More]
AT LAST A SUPER-PAC TO PROMOTE CENTRIST VIEWS: INDEPENDENCE USA PAC.
Posted by Leonard Steinberg on October 20th, 2012 “You cannot balance the budget without raising revenue and cutting expenses. There is no reputable economist that remotely thinks you could do this without doing those two things — one of which is anathema to the Republicans, and one of which is anathema to the Democrats.” No,… [Read More]
IS HOME OWNERSHIP FADING IN FAVOR OF RENTING?
Posted by Leonard Steinberg on April 24th, 2012 The press is reporting that the U.S. homeownership rate may fall two percentage points to 64 percent, below historic norms, amid about six million additional foreclosures and tight lending standards, according to Pacific Investment Management Co.’s Scott Simon. This translates to about 4 million homeowners turning into renters…. [Read More]
WHY IS NEW YORK REAL ESTATE DOING SO WELL?
= Posted by Leonard Steinberg on March 12th 2012 Everyone keeps asking and e-mailing why on earth I keep posting all these blurbs about how the real estate market is doing so well right now….in March’s LUXURYLETTER I called New York MULTIPLE BID CITY…. Last night I received e-mails about an article talking about how… [Read More]
Posted by Leonard Steinberg on December 22nd, 2011 New York will draw more than 50 million visitors by the end of 2011 — a record for the city, Mayor Michael Bloomberg announced yesterday. “While playing host to the world isn’t new for us, the number of visitors we’re welcoming in recent years is new,” Bloomberg said… [Read More]