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/
NEW NOHO LISTING: 306 MOTT ST, PH
Where Noho, Soho and Nolita converge: This triplex Noho penthouse offers remarkable space with exceptional light and views in one of New York’s most desirable locations, steps from all amenities including subways, prize retail boutiques, Whole Foods, restaurants and so much more. The intimate doorman condominium building with its newly renovated lobby, and almost completed… [Read More]
BLACK FRIDAY SHOPPING MAYHEM: A GOOD THING?……OR IS IT A SIGN OF INFLATION?
Posted by Leonard Steinberg on November 28th, 2011 Retail insanity was the order of the day starting mere seconds after the turkey and stuffing had been digested. Reports of fist fights, pepper spraying, gun-shots, etc highlighted American’s intense desire for a bargain. Retail sales were up over 8% over last year, setting new records. These are my… [Read More]
POINTING FINGERS, DOUBLE STANDARDS: Hmmmmm……
Posted by Leonard Steinberg on May 14, 2011 Everyone seems to be pointing fingers these days with horrible double standards…..here are some examples: 1) Pakistan is OUTRAGED that the USA ‘invaded’ their land to kill the world’s worst terrorist and the government now demands that these outrageous breaches of their borders end immediately…. even though… [Read More]
THE REALLY, REALLY STUPID MTA…… REALLY!
How stupid is the MTA? Well, just when you thought they were as stupid as stupid gets, we are reminded how much more stupid stupid can be….. As we all know by now, the MTA is building an extension to the #7 subway line from Midtown all the way over west to a new stop… [Read More]
THE MOST EXPENSIVE DOOR IN THE WORLD?
Yes, this door, a simple door located in THE CALEDONIA fronting onto The High Line Park, could very well be the most expensive door in the world….. Reliable sources have told us that negotiations between the building and the Parks department have broken down after the building was asked to pay an annual fee of… [Read More]
IS BANK OF AMERICA ABANDONING RESIDENTIAL MORTGAGES?
Just to-day, Bank of America withdrew a loan that had been completely signed off on and referred it to another lending institution…..word on the street is Bank of America may be exiting the residential mortgage market….. “Its amazing how many smaller banks and untraditional lenders are eating away at the market share of the more… [Read More]
IRAN + VENEZUELA’S WORST NIGHTMARE?
When is this clever idea coming to the USA with its MILLIONS of square feet of parking spaces in sunbelt areas? Imagine every Wallmart and Home Depot, not only providing shade to all its parked cars to reduce their need for that initial AC blast, but also producing enough power from the overhead SOLAR PANELS… [Read More]
MONACO SAFRA PENTHOUSE SELLS FOR $ 17,600/sf: A NEW RECORD
The chatter on the French Riviera is all about the recent sale of a Monaco penthouse, once the home to Edmund Safra and featured recently in Architectural Digest….recently we reported the London penthouse that had sold for around $ 220 million making it then the world’s most expensive private residence: Now the record has been shattered with the… [Read More]
WHAT'S REPORTED HAS ALREADY HAPPENED
In this morning’s Wall Street Journal, an interesting article talks about the timeliness of real estate data. We have been talking about this for years…. “We have repeatedly cautioned anyone to use real estate quarterly reports to get the best gauge of what is really happening in the markets right now,” says leonard Steinberg of… [Read More]