Posted by Leonard Steinberg on February 11th, 2014 The gorgeous building housing CITY HALL restaurant at 131 Duane Street just sold for over $18 million: this sale highlights an issue that Mayor De Blasio needs to address related to AFFORDABLE HOUSING: The building houses 6 rent stabilized tenants who are supposedly paying an average of… [Read More]
BANKS POISED FOR DISMAL FOURTH QUARTER RESULTS: BAD FOR NEW YORK?
Posted by Leonard Steinberg on January 7th, 2012 Banks will start posting results for the fourth quarter and year end starting next week, and the results are poised to be weak. Weak results result in many things, so here is my evaluation: 1) Bonuses will probably be down rather sharply from last year, I… [Read More]