REVISITING PREVIOUS 'PASSES'…..

Posted by Leonard Steinberg on March 20th, 2012 Is a new trend emerging whereby ultra-fussy buyers who had passed on properties they visited some time ago return and re-visit with a new, fresh, less critical set of eyes? I see this happening right now in a few instances. Some buyers in the luxury real estate… [Read More]

REAL ESTATE LIFE IN THE BLACKBERRY BLACKOUT

Posted by Leonard Steinberg on October 12th, 2011 As the BLACKBERRY BLACKOUT continues, I as a real estate broker vow never to complain about my Tech ever again, even though at times it may be warranted. Life in real estate land in New York is simply HORRIBLE without a functioning Blackberry. I feel I have… [Read More]

ITS TIME TO CHANGE NEW YORK CITY SCAFFOLDING

Posted by Leonard Steinberg on July 30th, 2011 We have covered this subject before in LUXURYLETTER: Manhattan and New York City sidewalks are constantly covered with hideous, unsightly construction sheds and scaffolding. Always dark, somewhat sketchy, and often covered with graffiti, the sheds leave much to be desired, which is why the Department of Buildings… [Read More]

THE POWER OF A VIEW: THE VIEW AS ART

Posted by Leonard Steinberg on June 20, 2011 The other day I did a showing of a rather wonderful Chelsea apartment that boasts the most extraordinary view…..the kind of view that leaves you breathless even after seeing many truly incredible views. This view located from the top of the Chelsea Stratus building at 101 West… [Read More]

YOSSI MILO OPENING NEW HIGHLINE GALLERY

Posted by Leonard Steinberg on June 9th, 2011 YOSI MILO GALLERY is opening a new gallery at 245 Tenth Avenue, the iconic stainless steel building hovering over the newly opened extention of the Highline Park. I am shamelessly sharing this information as we are marketing the building, but it is always exciting when another gallery is… [Read More]

MANHATTAN: WIND CITY vs. NUCLEAR CITY

Posted by Leonard Steinberg on March 29, 2011 Living on the river’s edge has exposed me to how much wind New York City experiences: The other day as I turned the corner onto the West Side Highway, I leaned my full body weight into the wind to propel myself forwards. Thats quite a lot of… [Read More]

OVERHEARD IN THE MARKET…THE BILLIONAIRE BUYER IS BACK!

Posted by Leonard Steinberg on March 23, 2011 Overheard tonight at a little gathering in a swell penthouse overlooking all of Manhattan, amidst dramatic lightening and ice/hail….A 3-unit combination apartment st THE PLAZA has gone to contract for around $ 48million….and a rather swell pad at TIME WARNER has gone to contract for around $… [Read More]

BROOKLYN HEIGHTS: I WAS WRONG!

Posted by Leonard Steinberg on March 20, 2011 For years I said the upscale Manhattan crowd would never travel ALL THE WAY to Brooklyn to live in what are arguably neighborhoods as refined and desirable as the West Village, Tribeca and the Upper East Side: I was wrong. About 3 years ago, a friend of… [Read More]

NEW YORK: THE MOST CORRUPT REAL ESTATE TAX SYSTEM IN THE WORLD?

Posted by Leonard Steinberg on January 18, 2011 Co-op and condo owners are slated to pay much higher real estate taxes next year, under a preliminary assessment roll released on Friday by the Bloomberg administration. The city attributed the rises, due to take effect in July 2011, to higher market values placed on apartment buildings… [Read More]