THE MOST EXPENSIVE WIND TUNNELS IN THE WORLD?

Posted by Leonard Steinberg of URBAN COMPASS on November 22nd, 2014 Many New Yorkers have succumbed to their chiropractors recently as they arch their heads to the skies to fully embrace the sky scraping height of 432 Park Avenue, the tallest (1,396ft) residential condominium tower in New York City now fully topped out and visible… [Read More]

MISSION POSSIBLE: IS 57th STREET THE NEW PARK AVENUE?

Posted by Leonard Steinberg on December 8th, 2011 Is 57th Street becoming the new PARK AVENUE? With ONE 57, the EXTELL developed tower located between 6th and 7th avenues on 57th street commanding prices upwards of $ 5,000/sf comes confirmation that Macklowe’s site (now CIM)of the former Drake Hotel on Park Avenue and 57th Street… [Read More]

ONE 57: THE LATEST ADDITION TO THE UBER-LUXURY MANHATTAN MARKET

Posted by Leonard Steinberg on November 19th, 2011 The other night I was invited to the launch of EXTELL’s newest addition to the New York skyline, One 57, the Christian de Portzamparc-designed 90 story, 1,000ft tall Tower located at 157 West 57th Street between 7th and 8th Avenues. Towering above the Time Warner Center, Trump’s One Central… [Read More]

TOY BUILDING SELLS – WITKOFF IS THE WINNING BIDDER

Posted by Leonard Steinberg on June 30th, 2011 The Witkoff Group won in the bidding for the Toy Building, the Madison Square Park landmark once slated to be condominiums by developer Yitzhak Tessler. Supposedly the bidding was fierce with competitive bidders S.L. Green and Macklowe losing out on the purchase of this magnificent structure that… [Read More]

THE NEW DEVELOPMENT RETURNS TO NEW YORK: A GIANT AWAKENS

Posted by Leonard Steinberg on January 13, 2011 After a 2 year hiatus, ‘New Development’, the darling of Manhattan high end real estate is coming back with a vengeance! We hear new buildings such as the Extell’s Park Hyatt building, Harry Macklowe’s Park Avenue tower, 250 West Street, the Rudin’s St.VIncent building are all moving… [Read More]