The debate between city living or living in the suburbs is an on-going one: ultimately its all about match-making. Some people living in the suburbs would never live in the city in a million years, and visa versa. Then there are those in-between. Most people I speak to love both. Here are the attributes of… [Read More]
Artificial Intelligence?
Are New York Quarterly reports delivering Artificial Intelligence? Yesterday’s (April Fool’s Day) First Quarter Manhattan real estate market reports touted radical home price escalations just as the entire real estate industry is adjusting to a ‘new normal’ comprised of slower absorption, adjusted asking prices and more negotiability. This further highlights just how severely quarterly reports… [Read More]
Trump marketing observations
Posted by Leonard Steinberg on March 26th, 2016 Donald Trump has made a spectacular ascent to power. His marketing methods are in many ways a reflection of the shifting trends of our society in general and new marketing methods employed by some. This essay is in no way an endorsement or denouncement of any… [Read More]
ECONOMIC BENEFITS 432 PARK AVENUE
The economic benefits of 432 Park Avenue, New York, the much-hyped Manhattan Mega-Tower in the Midtown Cultural District are enormous: Units have just started to close. Too many have vilified the buyers of these uber-expensive apartments marginalizing their contribution to the City. The economic impact of this building is massive and here is a breakdown of what… [Read More]
NEW KITCHEN DESIGN
Posted by Leonard Steinberg on December 4th, 2015 (excerpt from my daily COMPASS CONTEMPLATION) The debate between an open or closed off kitchen design has raged over the past two decades with almost evenly divided camps. Some feel an open kitchen is much more conducive to healthy interaction between the host (who may be cooking… [Read More]
Buying Legitimacy
Every morning, seven days a week, 365 days a year, I write a daily contemplation to all at COMPASS. I thought I would share this one that has resonated well with everyone. BUYING LEGITIMACY The Internet-driven world has allowed many to fabricate an (often false) image of who they are. Aside from selfies with… [Read More]
3.9 million more renters.
Posted by Leonard Steinberg on October 25th, 2015 Every morning I write a contemplation to everyone at COMPASS sharing thoughts and insights: Here is an edited highlight of this morning’s COMPASS CONTEMPLATION related to the advantages of buying property: DID YOU KNOW? The number of single-family renter households increased by 3.9 million more renters, or 34%,… [Read More]
Compass Markets
Posted by Leonard Steinberg, President of COMPASS, on Saturday, October 23rd, 2015 This week was a HUGE moment for Compass as we launched COMPASS MARKETS, the first ever real-time market reporting/analysis thats available in the palm of your hand via a mobile APP, instantly, anywhere in the world. This Compass Markets APP is truly revolutionary, and we… [Read More]
CONSUMERISM THAT CREATES BONDS
Pope Francis laments the days when the local shop carried every item a household required under one roof and how that shop created the kind of bonds between retailers and consumers that have virtually disappeared in our ultra-consumerist world. Consumerism has become increasingly isolating and lonely, especially when so much can be purchased on… [Read More]
THE SILVER SPOON GENERATION
Posted by Leonard Steinberg, President of COMPASS, on July 2nd, 2015 The Greatest Generation is in the midst of transferring massive amounts of wealth to their baby boomer kids (and grandkids), the largest generational transfer of wealth in history……to date. This is happening simultaneously to the beginnings of an even larger wealth transfer from Baby… [Read More]