Posted by Leonard Steinberg on January 3rd, 2014 The subject of Russian oligarchs and Chinese billionaires buying $ 20m+ apartments has reached a fever pitch: many New Yorkers are OUTRAGED that we do not impose some form of punishment to these people for buying here. It is probably true that some of these buyers earned… [Read More]
TWEET-SAVVY ANTHONY WEINER TO REPLACE BLOOMBERG AS NEXT NEW YORK MAYOR?
Posted on May 22nd, 2013 Anthony Weiner, the texting-twittering-tiranic former U.S. Representative announced in a video message early this morning that he is running for New York City mayor. Two years after resigning from Congress in a lewd photo scandal, he’s ba-ack. Pundits are asking if voters in the conservative state of North Carolina who recently re-elected Mark… [Read More]
BE CERTAIN OF MANHATTAN INFLATION…..VERY CERTAIN. (AND NO, ITS NOT 2%!)
Posted by Leonard Steinberg on May 3rd, 2013 The one thing that almost guarantees that real estate will continue its upward pricing trend is the fact that big city inflation is quite different from the rest of the country’s (I believe artificially deflated) inflation figures. Did cab fares go down during the recession? Food prices?… [Read More]
OBAMANOMICS + BOEHNOMICS: ECONOMIC DISCRIMINATION
Posted on November 10th, 2012 by Leonard Steinberg In all the discussions about THE FISCAL CLIFF both parties are revealing to the world just how incompetent (and corrupt?)they really are when it comes to identifying what ‘rich’ is. Both are behaving in a discriminatory fashion that is pretty astounding. I know I keep repeating myself… [Read More]
AT LAST A SUPER-PAC TO PROMOTE CENTRIST VIEWS: INDEPENDENCE USA PAC.
Posted by Leonard Steinberg on October 20th, 2012 “You cannot balance the budget without raising revenue and cutting expenses. There is no reputable economist that remotely thinks you could do this without doing those two things — one of which is anathema to the Republicans, and one of which is anathema to the Democrats.” No,… [Read More]
700 PROTESTERS ARRESTED ON NEW YORK’S BROOKLYN BRIDGE – OLD FASHIONED?
Posted by Leonard Steinberg on October 2nd, 2011 Yesterday while most of Wall Street was away enjoying the first weekend of Fall 2011 in the Hampton’s, 700 Protesters were arrested for blocking the Brooklyn Bridge, protesting all sorts of things especially Wall Street GREED. Isn’t this a bit old-fashioned in the age of Twitter-heads and Facebookers? I… [Read More]
THE NEXT BIG BUILDING AMENITY: ULTRA-SECURITY?
Posted by Leonard Steinberg on September 28th, 2011 With the development of new high end residential buildings such as Extel’s One 57, 150 Charles Street, the Rudin’s St. Vincent’s buildings, One Madison Park, 212 West 18th Street, etc roaring back to life in Manhattan, the question always arises at the marketing meetings: what is the… [Read More]
DEAR MAYOR BLOOMBERG: ABOUT YOUR REAL ESTATE TAXES….
Posted by Leonard Steinberg on January 23, 2011 Mayor Bloomberg we love you: you are the greatest mayor this town has had. BUT, we have a serious problem with the real estate taxes in this City, and you are avoiding the big issue. You recently said in the NEW YORK POST that you feel the… [Read More]
DEAR UNCLE SAM…..
Warren Buffet’s thank you note in the op-ed piece of this morning’s New York Times, prompted us to write our own letter. While not a thank you note, it does infer gratitude of sorts: Dear Uncle Sam: We second most of the points made by Mr. Buffet, but would like to add a few of… [Read More]