Posted by Leonard Steinberg on May 30th, 2011 Bloomberg reports that homes priced at $10 million and above are accumulating on the market in Greenwich, Connecticut, a town about 30 miles (48 kilometers) north of Manhattan that’s known as the U.S. hedge fund capital. They’re moving so slowly that it would take more than four years… [Read More]
BONUSES WILL BE STRONG THIS YEAR…..
It is very early in the year to be talking about bonuses…..but because bonus season fuels Manhattan luxury real estate so much, we thought now would be a good time to remind buyers that buying before those bonuses are paid out is ALWAYS smart. We know some will disagree with this philosophy, so we will… [Read More]
BARCLAYS PROFITS DOUBLE: IS THIS GOOD NEWS?
Barclay’s announced its profits doubled! The world is alarmed! Nothing about this alarms me…. Think about the market share Barclay’s picked up when they took over Lehman, buying out the company at a bargain price. Think about the money made as the world population increased their savings in the past 12 months, while Barclay’s… [Read More]