SUBURBIFICATION AND THE CITY

Posted by Leonard Steinberg, President of COMPASS, on May 16th, 2015 Every morning, 365 days of the year, I post a daily contemplation to my fellow colleagues at COMPASS and today I wanted to share one: SUBURBIFICATION AND THE CITY I hate to admit this, but when I lived in Dallas many years ago, one… [Read More]

NEIMAN MARCUS GOES WEST: HUDSON YARDS MANHATTAN LUXE!

Posted by Leonard Steinberg on September 4th, 2014 Where will all those chic new homeowners coming to West Chelsea do their shopping? Neiman’s of course!  A quick hop onto the Highline Park will take swell Chelsea dwellers a few streets north to Hudson Yards. Yes, its official: Neiman Marcus is coming to the West Side… [Read More]

FASHION WEEK AND NEW YORK CITY REAL ESTATE

Posted by Leonard Steinberg on September 10th, 2013 FASHION WEEK in New York City is a reminder of how important this industry is to the welfare of our city. These fashion shows alone bring in hundreds of millions of dollars in production, venue rental, equipment rental, media, tech, travel and hotel revenue. While the fashion… [Read More]

THE LUXURY MARKET BAROMETER?

Neiman Marcus Group Inc. swung to a fiscal second-quarter profit on steep write-downs a year earlier, as the luxury retailer posted higher revenue and lower expenses. The Dallas-based retailer is also owner of BERGDORF GOODMAN. Neiman’s is probably the most important barometer of the Luxury market, and this certainly is a good indicator of the luxury market… [Read More]