Posted by Leonard Steinberg on December 6th, 2013 The United Nations projected that half of the world’s population would live in urban areas at the end of 2008. By 2050 it is predicted that 64.1% and 85.9% of the developing and developed world will be urbanized. We continue to witness this prediction in action as we see… [Read More]
THE AMENITY NEXT DOOR
Posted by Leonard Steinberg on December 3rd, 2013 Many buildings being developed in the luxury Manhattan real estate market these days would not be complete without a host of very impressive amenities, including swimming pools, gyms, garages, playrooms, etc, etc. This makes it difficult sometimes for smaller buildings to compete. While many of these amenities… [Read More]
LUXURYREEL: THE FIRST BROKER WEB-TV IS LAUNCHED
Posted on December 2nd, 2013 We are pleased to announce LUXURYREEL, the first New York real estate broker web-based television channel featuring some of the finest New York properties we are marketing. www.luxuryreel.com
LESSONS FROM THE MIAMI MARKET
Posted by Leonard Steinberg on December 2nd, 2013 This week heralds the beginning of ART BASEL in Miami, that eponymous art fair that revolutionized the perception of Miami from an average American coastal resort City to a world-class cultural center. Of course along with this culture comes a large swath of horrendous wannabe’s entirely focused… [Read More]
40 BOND CLOSING REPORTED IN NEW YORK TIMES
Our closing of 40 BOND STREET was reported in this morning’s NEW YORK TIMES: http://cityroom.blogs.nytimes.com/2013/11/29/big-ticket-outdoor-living-in-noho-for-23-million/?ref=realestate&_r=0
WALL STREET PAY RIGHTEOUSNESS = HUGE 2013 BONUS $$$
Posted by Leonard Steinberg on November 27th 2013 Another story of mis-guided righteousness has emerged today: As a reaction to the outrage over excessive banker-pay, starting in 2009, the biggest Wall Street firms were pressured to pay their top money-makers in restricted stock, which usually vested in 3 or 5 years, rather than cash bonuses. The… [Read More]
A GREEN THANKSGIVING: DE BLASIO’S GREEN VISION FOR NEW YORK
Posted by Leonard Steinberg on November 27th, 2013 Thankfully under Mayor Bloomberg’s outstanding leadership New York City has been a shining light in green initiatives to save energy, protect the environment, and build green jobs for our economy. Bill de Blasio intends to build on that history and expand sustainability initiatives throughout the five boroughs…. [Read More]
HOUSING CONTINUES TO IMPROVE
Posted by Leonard Steinberg on November 26th, 2013 Housing continues to improve, and for anyone who believes housing is not the key to the welfare of the US economy, think again: Permits for future U.S. home construction hit a near 5-1/2 year-high in October and prices for single-family homes notched big gains in September, suggesting… [Read More]
STATEN ISLAND’S GOT THE (GREEN) POWER!
Posted by Leonard Steinberg on November 25th, 2013 Staten Island is about to deliver some power to the area: Between 30,000 to 35,000 solar panels will be installed on 47 acres at Freshkills Park. The land will then be leased to SunEdison Inc., a solar energy company that won the bid for the project. The project… [Read More]
SWISS TO VOTE ON CEO PAY LIMITS: IS THIS SELECTIVE FAIRNESS?
Posted by Leonard Steinberg on November 24th, 2013 In a world where income inequality and fairness has become a hot topic, today we will find out if Switzerland will go ahead with one of the most radical plans to fight inequality ever: Limiting the pay of top executives to that of their lowest paid employees’… [Read More]