The ‘double-wide’ is a term most used in American trailer parks, yet in Manhattan the super-rich love their ‘double-wide’s’ too…. and sometimes their ‘triple-wides’! Usually adjoining townhouses are combined to create multi-million-mansions. When it comes to City townhouses, width is everything. The space needs of the very wealthy are different: most individual townhouses measure up… [Read More]
IS EXECUTIVE PAY A BARGAIN COMPARED TO CELEBRITY PAY?
Posted by Leonard Steinberg on May 28th, 2014 Todays revelation of executive pay shows how much top executives earn, and already the cries of outrage are being heard. The divide between the top earners and the average earners in a company is growing, yet the divide between those that are often responsible for the livelihoods of… [Read More]
THE MEGA-MANSION RISES AGAIN….EVEN IN NEW YORK
Posted by Leonard Steinberg on February 11th, 2012 While the Occupy Wall Street movement exposed the deep divide between the 1% and the 99%, bonuses dropped sharply even for some of the wealthiest and President Obama announced a new budget that includes raised taxes on the wealthy, the super-wealthy have been building some exceptionally large houses around the… [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]
I just returned from a Real Estate Conference that addressed the future, existing technology, and new technology, and how all this will impact our lives as real estate brokers. About 500 people attended. So here I am blogging…. The most annoying aspect of this conference was the strong encouragement of that recent phenomenon called TWITTER…. [Read More]
Pop Diva Madonna is back in New York aggressively looking for a grand mansion to house her ever-expanding family. She has been spotted on the Upper East Side looking at some of the grandest townhouses ($30m+). Obviously she is avoiding co-ops after her humiliating Board turn-down at the San Remo at the beginning of… [Read More]