IS AIR MORE VALUABLE THAN LAND IN NEW YORK CITY?

Posted by Leonard Steinberg on January 2nd, 2014 Has the air above a building become as valuable or even more valuable than the land it is built on?  It appears so…. Transferable air rights have soared in price to $500 a square foot, making them worth more than the dirt below. Donald Trump made buying air… [Read More]

CONTINUUM TOWER FOR FLATIRON/MADISON PARK?

Posted on December 24th, 2013 On the heels of One Madison Park’s enormous success (Yoko Sanada on our team is currently selling a unit there), is more news about developer Ian Bruce Eichner’s planned neighbor, 41 East 22nd Street….possibly the first New York Continuum? Eichner had great success with the Continuum Towers in Miami that… [Read More]