Posted by Leonard Steinberg on February 8th, 2012 Rick Santorum just proved to the world that there is no such thing as an AVERAGE Republican with his dramatic wins in Colorado, Minnesota, and Missouri…..there are Romney Republicans, Gingrich Republicans and Santorum Republicans. No averages here. And it proves yet again that averages are hugely inaccurate…. [Read More]
U. S. MORTGAGE RELIEF PROGRAM ON ROBO-SIGNED FORECLOSURES ALMOST AGREED UPON.
Posted by Leonard Steinberg on February 6th, 2012 A deal is about to be agreed upon for the Obama led multibillion-dollar mortgage relief settlement to address foreclosure abuses by large banks between 2007 and 2011. The potential support from California and New York comes in exchange for tightening provisions of the settlement to preserve the right to… [Read More]
MADONNA’S SUPER BOWL NOUVELLE 50 REAL ESTATE MESSAGE?
Posted on February 4th, 2012 by Leonard Steinberg. In a desperate attempt to find a lighter topic for a newsworthy real estate post, to-day I am trying to find meaning in the story of the weekend….SUPER BOWL. Yes, even I know its Super Bowl this weekend, although my attention is mostly focused on the half-time… [Read More]
MARTHA STEWART SMILING: CONGRESS VOTES AGAINST INSIDER TRADING AMONGST ITS OWN.
Posted by Leonard Steinberg on February 3rd, 2012 Miracles do happen: the Senate voted Thursday to strengthen insider-trading bans for its members (the kind of law that applies to non-elected citizens of our land), and in the process agreed to ban bonuses for Fannie Mae and Freddie Mac executives. The Senate overwhelmingly passed on a… [Read More]
WEST CHELSEA'S AVENUES WORLD SCHOOL IS LOOKING GOOD!
Posted by Leonard Steinberg on February 2nd, 2012 As I peered up towards the new AVENUE’s WORLD SCHOOL earlier to-day while evaluating an exciting new townhouse project, I wondered how on earth they would be ready for the August 2012 enrollment….there certainly is a constant hive of construction activity daily, but this is a very… [Read More]
WANT TO SEE A BUBBLE IN THE MAKING? WATCH FACEBOOK…..
Facebook is a bubble in the making
HEARD DURING A REALLY BUSY SUNDAY IN NEW YORK REAL ESTATE LAND….
Posted by Leonard Steinberg on January 29th, 2012 To-day had to be one of the very busiest Sunday’s in New York real estate in a long time…at least since the 2007/2008 peak. I did 12 appointments, a record amount even compared to a busy week-day. The buyers were all 100% serious and focused. And the… [Read More]
THE POST OFFICE FIGHTS EVOLUTION
Posted by Leonard Steinberg on January 28th, 2012 As I look out of my window in the distance I see a large U. S. Post Office facility and it reminds me of the on-going debacle that is the Post Office. I speak on this subject from a real estate perspective living in an area (West… [Read More]
DENISE RICH’S 785 FIFTH AVENUE PENTHOUSE FOR SALE: NEW YORK’S MOST EXPENSIVE CO-OP?
Posted by Leonard Steinberg on January 27th, 2012 Denise Rich, a songwriter for Celine Dion, Chaka Khan, Diana Ross, Mandy Moore/billionairess/heiress/divorcee, has placed her 785 Fifth Avenue penthouse, scene to numerous swell gatherings over the years, on the market for sale for $ 65 million, making it New York’s most expensive co-op listing…… the recent $ 88… [Read More]
GDP GROWS 2.8% IN FOURTH QUARTER 2011: UP 1.1% FROM THIRD QUARTER
Posted by Leonard Steinberg on January 27th, 2012 GDP figures for the fourth quarter of 2011 were announced this morning and fell just slightly shy of estimates, although they were up 1.1% over the GDP of the third quarter. Consumer spending rose 2%: The great news was that housing investment rose significantly more than the… [Read More]