WHY WE MUST FIGHT SMOKERS AND DIRTY AIR

Posted by Leonard Steinberg on March 25th, 2014 Many ask me why I am so militant against air pollution and smokers…. here is why: Air pollution killed 7 million people in 2012, more people than AIDS, diabetes and road injuries combined. 12,5% of deaths worldwide can be attributed to breathing tainted air, the world’s largest… [Read More]

AN UNFLATTERING BOOK ABOUT NEW YORK REAL ESTATE MOGULS?

Posted by Leonard Steinberg on March 22nd, 2014 I have heard Vicky Ward is writing a book about real estate moguls…..supposedly it’s an investigation exposing the shady stories of various real estate moguls who’d prefer people to think they’d made their money honestly.  The book is scheduled for publication by John F. Wiley & Sons later in… [Read More]

MANSION TAX FRAUD? HMMMMMMM……

Posted by Leonard Steinberg on March 20th, 2014 Mansion Tax is imposed on properties sold in New York State costing $1 million or more: has anyone seen a mansion anywhere in Manhattan, Queens, Brooklyn or the Bronx for $1 million? In other words, this MANSION TAX is simply a disguise for another tax that hurts the… [Read More]

DOES AFFORDABLE HOUSING MEAN RENTAL HOUSING?

Posted by Leonard Steinberg on March 9th, 2014 As the cries for AFFORDABLE HOUSING grow in a city where labor, land and material costs keep escalating, it is probable that the only real solution for affordable housing is RENTAL housing.  The percentage of new homes being built as rental apartments is at the highest level… [Read More]

GLOBAL SUPER-RICH ARE RICHER AND NEW YORK IS ‘CHEAPER’!

Posted by Leonard Steinberg on March 7th, 2014 Today the Euro is trading around 1.39 to the dollar and the pound about 1.67, making New York increasingly ‘cheaper’ for the global rich who have grown in numbers over the last year as the world’s economies expand. Those Ultra High Net Worth Individuals whose combined assets… [Read More]

AVENUES SCHOOL SOLD?

Posted by Leonard Steinberg on March 6th, 2014 Rumors swirling that AVENUES SCHOOL has been sold to the Fisher Family (THE GAP)? And they are adding space!

ART AND REAL ESTATE

Posted by Leonard Steinberg on March 6th, 2014 The Art Shows are in town and the next few days in Manhattan will be verrrrry art-focused. As always, the art crowd at the Armory Show were quite ‘arty’, mostly adorned from head-to-toe in black with seriously serious conversation the order of the day. I enjoy looking… [Read More]

THE NEW YORK BUILDING BOOM IS BACK!

Posted by Leonard Steinberg on March 4th, 2014 If you thought every block in New York was experiencing construction, you are right: the word on HOUSING PERMITS is in and it indicates a return to pre-recessionary construction levels.  The combined number of New York City housing construction permits  jumped 71% last year, even though the… [Read More]

LUXOFLATION: THE WORLD JUST TUNED IN

Posted by Leonard Steinberg on March 3rd, 2014 The World has finally caught onto what I have been talking about for years – LUXOFLATION – the excessive inflation on luxury products, including real estate. In this morning’s Wall Street Journal, an article addresses the subject specifically related to retail. Despite expanding into new markets, the… [Read More]