THE PLAZA HOTEL TO SELL FOR $ 600 MILLION?

Posted by Leonard Steinberg on April 9th, 2012 New York’s famed Plaza Hotel built in 1907 is for sale again by current owner Elad Properties:  the landmark property that recently underwent a significant renovation and was partially converted to condominium residences has traded hands several times over the past decade. Sahara India Pariwar Ltd from… [Read More]

LIFE HAS BECOME ONE BIG REALITY TV SHOW – OCCUPY REALITY TV?

Posted by Leonard Steinberg on December 4th, 2011 Did MTV start the reality TV craze with MTV CRIBS? Maybe C-span started it? Maybe it was HGTV? Actually it was PBS with a show called AMERICAN FAMILY….and it aired in 1973. Remember PBS creates content on a tight budget. The snowball seemed to escalate with SURVIVOR,… [Read More]

$90 MILLION FOR LUCILLE ROBERTS’ MANHATTAN WOOLWORTH MANSION?

Posted by Leonard Steinberg on March 12, 2011 4 East 80th Street, the house that belonged to Lucille Roberts, the notorious gym diva who passed away in 2003, has hit the market with a whopping $ 90 million asking price. Ms. Roberts bought the 18,000sf mansion for around  $6 million in 1995 and the house underwent substantial renovations to convert… [Read More]

MARKETAINMENT – THE UNREALITY OF REALITY

Posted by: Leonard Steinberg, 11/21/2010 Have you noticed how markets have been reduced to entertainment in recent years? Did it start with Donald Trump who once upon a time was just a serious (seriously!)developer that morphed into a reality TV star? When did we ever think that picking stocks could be akin to a Wheel… [Read More]