ART AND REAL ESTATE

Posted by Leonard Steinberg on March 6th, 2014 The Art Shows are in town and the next few days in Manhattan will be verrrrry art-focused. As always, the art crowd at the Armory Show were quite ‘arty’, mostly adorned from head-to-toe in black with seriously serious conversation the order of the day. I enjoy looking… [Read More]

LUXOFLATION: THE WORLD JUST TUNED IN

Posted by Leonard Steinberg on March 3rd, 2014 The World has finally caught onto what I have been talking about for years – LUXOFLATION – the excessive inflation on luxury products, including real estate. In this morning’s Wall Street Journal, an article addresses the subject specifically related to retail. Despite expanding into new markets, the… [Read More]

THE HEALTHY WEALTHY

Posted by Leonard Steinberg on February 22nd, 2014 Once you’ve achieved great wealth, often a painful lesson sets in: without your health that wealth is pretty useless, although it certainly helps to be wealthy if health is important to you. Have you noticed how health-conscious the wealthy have become not only in weight and appearance-obsessed… [Read More]

OBAMACARE GOOD FOR LUXURY REAL ESTATE?

Posted by Leonard Steinberg on February 7th, 2014 Is it possible that OBAMACARE could be good for the high end of luxury real estate in New York? This week it was revealed that the overall level of labor will fall by 1.5% to 2% over the decade, not merely by 800,000, according to the Congressional Budget Office… [Read More]

FROM INSTAGRAM TO INSTA-ART?

Posted by Leonard Steinberg on February 2nd, 2014 February’s REAL DEAL reports on our INSTAGRAM event where we printed and framed 49 Instagram shots from our account ‘luxury_loft_team’ as “INSTA-ART” to stage an apartment (a New York first?): Social media meets society? http://therealdeal.com/issues_articles/social-media-becomes-the-latest-staging-tool/

LUXURY LESSONS FROM ROLLS ROYCE

Posted by Leonard Steinberg on January 10th, 2014 Rolls Royce Motorcars announced its highest-ever annual sales volume, delivering 3,630 cars in 2013 in its fourth consecutive record-breaking year. That makes Rolls-Royce the best-selling automaker in the world of cars that cost more than $250,000.00 and a brand all who make ultra-luxury products should watch closely:… [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  

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]