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]
ALL ABOUT OIL….
Posted by Leonard Steinberg on March 19, 2011 As we witness fighter jets over Libya, again we are asked why are we so horribly dependent on foreign oil? What forces exist that bind us to this commodity that allows monster-thugs like Gaddafi to affect the welfare of the entire globe? Lets face it, if Gaddafi… [Read More]
HOME OWNERSHIP STILL HIGHLY DESIRABLE
Posted by Leonard Steinberg on March 19, 2011 A new survey reveals that 70 percent of Americans would advise friends and family to buy a house, Thomas Wilson, CEO and chairman of the insurance company Allstate Corporation, told CNBC Friday. “The underlying demand for houses has not changed, despite the fact that consumers are more conservative… [Read More]
$90 MILLION FOR LUCILLE ROBERTS’ MANHATTAN WOOLWORTH MANSION?
Posted by Leonard Steinberg on March 12, 2011 4 East 80th Street, the house that belonged to Lucille Roberts, the notorious gym diva who passed away in 2003, has hit the market with a whopping $ 90 million asking price. Ms. Roberts bought the 18,000sf mansion for around $6 million in 1995 and the house underwent substantial renovations to convert… [Read More]
BIDDING WAR CITY
Posted by Leonard Steinberg on March 7, 2011 While not every listing is producing multiple bids, the volume of multiple bids on good properties is back in a BIG way in New York City real estate, both in the residential and commercial sectors. (It has also returned to the art world and many other markets)… [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]
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]
WHAT HAS HAPPENED TO CREDIBILITY? ARE ALL THESE ADVISORS QUALIFIED?
Posted by Leonard Steinberg on Januaryt 16, 2011 Ashlee Dupree, Elliot Spitzer’s fling-thing gives relationship advice in the New York Post. Reverend Al Sharpton speaks on MEET THE PRESS these days about keeping civil tones in political discussion. Reality TV shows show us the ‘reality’ of life in all its forms from fashion to cooking… [Read More]
AVENUES SCHOOL COMES TO WEST CHELSEA
Posted by Leonard Steinberg on January 13, 2011. ‘Avenues: The World School’ a brand new private school is coming to Chelsea, New York, accomodating 1,600 pre-K through 12th grade students, reliable sources have confirmed… The school will be located in an existing warehouse building that used to house the sets for ABC-TV soaps at 259 Tenth… [Read More]