THE NEW YORK BUILDING BOOM IS BACK!

Posted by Leonard Steinberg on March 4th, 2014 If you thought every block in New York was experiencing construction, you are right: the word on HOUSING PERMITS is in and it indicates a return to pre-recessionary construction levels.  The combined number of New York City housing construction permits  jumped 71% last year, even though the… [Read More]

JOBS AND THOSE PESKY TWO TRILLION DOLLAR OFFSHORE CORPORATE PROFITS

Posted by Leonard Steinberg on March 7th, 2012 Peggy Noonan penned a telling article about the US economy in the Wall Street Journal: she says the focus should be on jobs, because the country needs jobs more than it needs class warfare and threats of doom and gloom from President Obama…..even though 236,000 jobs were… [Read More]

NEW YORK: BEST CITY IN USA FOR HIRING

In CRAINS, a report on the strength of the New York for hiring…..certainly a good thing for real estate when the strength of the employee pool is best in the country…. Whats good for business, is good for real estate values. SEEN IN CRAINS:  Here’s a bit of good news for New York businesses: The… [Read More]