Posted by Leonard Steinberg on June 11th, 2014 For anyone worried that there may not be enough buyers for luxury New York apartments, take a deep breath. The Boston Consulting Group has determined that the number of millionaire households in the US grew by 18% last year from 2012. The total number of millionaire households in… [Read More]
GLOBAL WEALTH REACHES ALL TIME HIGH
Posted by Leonard Steinberg on October 8th, 2013 In the on-going debate about the depth of buyers for the $ 22billion worth of inventory coming to the New York residential real estate market, I thought it wise to evaluate wealth in general…..and luckily a Credit Suisse Report on the subject hit my desk this morning…. [Read More]
GLOBAL WEALTH FACTS – THE FUTURE OF THE LUXURY MARKET LOOKS BRIGHT – NEW YORK WEALTHY TO RISE 36%
Posted by Leonard Steinberg on March 6th, 2013 For anyone wondering about the longterm future of wealth in the world and especially New York, here are some facts to ponder: Over the next 10 years, New York will see a rise of 36% of High Net Worth Individuals, those with assets above $ 30million……does that… [Read More]