Posted by Leonard Steinberg on April 20th, 2013 Has a new pricing insanity set into the New York uber-luxury market with 33 official listings (with many more un-official ones!)above $ 30 million and three over $ 100 million: Is $ 100 million the new $ 50 million just within a matter of months? It appears… [Read More]
WEAK JOB GROWTH……EXCEPT IN BIG CITIES.
Posted by Leonard Steinberg on April 18th, 2013 Corporate results are showing an eerily similar trend: profits are growing, but revenues are not. Is this mostly related to the fact that companies are not hiring while demand grows very slowly, thereby deriding profits mostly from reduced labor costs and low interest rates? Are existing workers… [Read More]