Posted by Leonard Steinberg, president of COMPASS, on March 14th, 2015 Traditionally, couples who lived in New York City migrated to the suburbs, or at least to the Upper East Side, to raise a family. This has changed drastically over the past decade. With the gentrification of Downtown neighborhoods, schools, parks, services, amenities and property… [Read More]
ROBOTS TO INVADE CHELSEA? LOWE’S IS COMING TO NEW YORK CITY
Posted by Leonard Steinberg of URBAN COMPASS on October 29th, 2014 CRAIN’S just reported that Lowe’s, the primary Home Depot competitor is coming to Manhattan opening two branches, one on the Upper West Side at 2008 Broadway and another 30,000sf store in West Chelsea at 635 West 19th Street. Does anyone know what building this… [Read More]
ARE LONDON BUYER-BLUES BEING MIRRORED IN NEW YORK?
Posted by Leonard Steinberg, President of Urban Compass, on July 8th, 2014 London is experiencing some BUYER-BLUES on the very high end and today its reported that home-price gains in London’s most-expensive neighborhoods are trailing the rest of the city because buyers are deterred by high asking prices and the possibility of new taxes. Values in… [Read More]
DAILY NEWS ARTICLE ABOUT 560 WEST 24th STREET
Posted by Leonard Steinberg on March 14th, 2014 Great article about 560 West 24th Street in this morning’s DAILY NEWS: http://nydn.us/1goCJjZ
TWITTER MOVES TO CHELSEA
Posted by Leonard Steinberg on January 24th, 2014 Twitter is coming to Chelsea, joining Google as the two most important tech companies in the area. Their 141,000 square-foot new base is just one block from Google on Eighth Avenue. The buildings used to be wagon warehouses: now the two are connected loft buildings at 245… [Read More]
DEAR MR. DE BLASIO: WHY ARE BROOKLYN’S REAL ESTATE TAXES SO MUCH LOWER THAN MANHATTAN’S?
Posted by Leonard Steinberg on September 26th, 2013 With Brooklyn pricing on the rise (Dumbo and Brooklyn heights are now two of the costliest New york neighborhoods), and Brooklyn’s infrastructure looking awfully similar to Manhattan’s (and in many areas much better), why are their real estate taxes so much lower than Manhattan’s? Is Bill de… [Read More]
LUKOIL SITE ON TENTH AVENUE SELLS
Posted by Leonard Steinberg on May 1st, 2013 The illustrious LUKOIL site at 239 Tenth Avenue at the corner of 24th Street in the heart of the West Chelsea Arts District has supposedly gone to contract after multiple bids…..and it appears the price was several million dollars over the asking of $ 18,95million. The site… [Read More]
LEFROY BROOKS COMING TO CHELSEA?
Posted by Leonard Steinberg on January 9th, 2013 Is the fine bathroom fixtures maker, Lefroy Brooks, coming to Chelsea, opening at 134 West 18th St? It appears so.
THE NEW VIEWS
Posted by Leonard Steinberg on november 13th, 2012 With a vast swath of new buildings under construction or about to begin construction in New York, only a select few of us will enjoy them from the inside, but all of us will be able to enjoy them from the outside……that’s of course the one’s that… [Read More]
MADONNA’S SUPER BOWL NOUVELLE 50 REAL ESTATE MESSAGE?
Posted on February 4th, 2012 by Leonard Steinberg. In a desperate attempt to find a lighter topic for a newsworthy real estate post, to-day I am trying to find meaning in the story of the weekend….SUPER BOWL. Yes, even I know its Super Bowl this weekend, although my attention is mostly focused on the half-time… [Read More]