Posted by Leonard Steinberg on November 19th, 2012 The economy’s recovery is largey reliant on the housing market recovery, so today’s news from The National Association of Realtors that existing home sales climbed 2.1 percent last month to a seasonally adjusted annual rate of 4.79 million units, beating forecasts by Wall Street economists, comes as… [Read More]
THE NEW VIEWS
Posted by Leonard Steinberg on november 13th, 2012 With a vast swath of new buildings under construction or about to begin construction in New York, only a select few of us will enjoy them from the inside, but all of us will be able to enjoy them from the outside……that’s of course the one’s that… [Read More]
SELF-HEALING CONCRETE CRACKS?
Posted by Leonard Steinberg on November 5th, 2012 Cracks in concrete are a common problem in New York, especially noticeablye on sidewalks that are mostly the responsibility of the buildings they front. With the vast temperature range in New York from below freezing in Winter to over 100 degrees in Summer, cracked concrete can begin… [Read More]
THE FUTURE OF THE ‘PLATINUM MILE’?
Posted by Leonard Steinberg on November 5th, 2012 There is much chatter in the New York real estate community about the future of the ‘Platinum Mile’, that stretch of high end downtown properties fronting the Hudson River from 30th Street down to Tribeca. After Hurricane Sandy it is understandable that there is concern that these… [Read More]
HURRICANE SANDY LESSONS
Posted by Leonard Steinberg on October 29th, 2012 As I sit observing white crested waves on the Hudson River, bracing for the worst of Hurricane Sandy, there are some real estate lessons to be learned. We all know that waterfront property has its risks, so in that is nothing new. But why is it that… [Read More]
US BUILDING ROARS BACK TO LIFE.
Posted by Leonard Steinberg on October 17th, 2012 As always, the press has just caught on to the fact that construction is experiencing a mammoth surge….it started months ago, but now the data is out with enough hard evidence to prove a point I have been making for quite a while. Groundbreaking on new U.S. homes… [Read More]
THE NEW YORK BOOMERANG BUYER
Posted by Leonard Steinberg on October 15th, 2012 The Wall Street Journey reports this morning about the Boomerang Buyer who through foreclosure in the 2008 financial crisis lost their home and is now back in the market ready to buy. In New York, we have a slightly different Boomerang Buyer: The buyers who left the… [Read More]
THE NEW YORK BUILDING BOOM OF 2013
Posted by Leonard Steinberg on October 5th, 2012 New York is poised for one of the greatest building booms of all time in 2013, fueled by the awakening sleeping giant of residential new construction. There are literally hundreds of buildings where already the roar of machinery and activity are firing up. This is what I… [Read More]
A.D.D. SOCIETY: THE INCONVENIENT DETAIL.
Posted by Leonard Steinberg on October 2nd, s012 Vice Presidential nominee Paul Ryan says it would take too long to explain the numbers behind the tax plan that he and Mitt Romney are proposing: sounds familiar? Of course! Neither side has the time to explain anything in detail…..we want a ratings-grabbing one-liner! We now live in a world whereby detail… [Read More]
THE NEW SOLAR PANEL? V3 SPIN CELLS
Posted by Leonard Steinberg on October 1st, 2012 Flat solar panels are becoming increasingly efficient, yet they do take up quite a lot of space. The Spin Cell could be a game-changer. On their website V3 explains that if one places a 20x solar concentration on a flat, static solar panel then the temperature quickly reaches 260… [Read More]