Posted by Leonard Steinberg on January 20th, 2014 Is it just me or has accountability and personal responsibility evaporated from our society? Many are decrying the number of pedestrian deaths on our streets and it is rather horrific how many pedestrians die or are seriously injured in New York, often at the hands of careless, irresponsible… [Read More]
TALE OF TWO CITIES: CONDO TAXES RISE DOUBLE OF TOWNHOUSES!
Posted by Leonard Steinberg on January 16th, 2014 The new tax rolls came out and SHOCKINGLY the disparities are on clear display: you see, in New York City we are all unequal. Some get breaks and other have to pay for it. This is Mayor de Balsio’s TALE OF TWO CITIES, PART 2, the other… [Read More]
COOPER SQUARE/ASTOR PLACE STREETSCAPE CHANGES DRAMATICALLY
Posted by Leonard Steinberg on January 11th, 2013 The streetscape around Astor Place and Cooper Square is in the process of being altered significantly: In the past few years, the architectural landscape has been revolutionized, most recently with the addition of 51 Astor Place, home to hi-tech including the IBM Watson Group. Other buildings added… [Read More]
LUXURY LESSONS FROM ROLLS ROYCE
Posted by Leonard Steinberg on January 10th, 2014 Rolls Royce Motorcars announced its highest-ever annual sales volume, delivering 3,630 cars in 2013 in its fourth consecutive record-breaking year. That makes Rolls-Royce the best-selling automaker in the world of cars that cost more than $250,000.00 and a brand all who make ultra-luxury products should watch closely:… [Read More]
SHVOHO: SHVO COMES TO SOHO!
Posted by Leonard Steinberg on January 9th, 2014 Michael Shvo has partnered up to buy another site, this time in the Soho/Hudson Yards area at the entrance to the Holland Tunnel, next door to Trump Soho. Here are some facts to ponder: This actually may be a cheap purchase: 280,000sf for $140 million = roughly… [Read More]
ANNIE LIEBOVITZ SELLS HER WEST VILLAGE TOWNHOUSE COMPOUND
Posted by Leonard Steinberg on January 8th, 2014 Annie Liebovitz, the famous Vanity Fair photographer extraordinaire has just sold her ivy-clad West Village townhouse compound for $28.5 million after it sat on the market for many, many months. The compound consists of three unconnected homes: her home is at 757 Greenwich Street, her office at 755… [Read More]
TALE OF TWO CITIES CONTINUES, ALTERED?
Posted by Leonard Steinberg on January 4th 2014 Did you notice during the snowstorm how poorly the streets in Manhattan had been plowed? Mayor de Blasio proudly exclaimed in a press conference that Queens and Brooklyn and the outer boroughs were the focus of City snow plows: is the TALE OF TWO CITIES that he so vehemently… [Read More]
WHY DO BILLIONAIRES AND OLIGARCHS BUY MANHATTAN APARTMENTS?
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]
IS AIR MORE VALUABLE THAN LAND IN NEW YORK CITY?
Posted by Leonard Steinberg on January 2nd, 2014 Has the air above a building become as valuable or even more valuable than the land it is built on? It appears so…. Transferable air rights have soared in price to $500 a square foot, making them worth more than the dirt below. Donald Trump made buying air… [Read More]
LUXURYLOFT TEAM CLOSES LARGEST SALE OF 2013 IN NEW YORK.
Posted by Leonard Steinberg on December 28th, 2013 Congratulations again to my LUXURYLOFT team: The New York Times announced this morning that our $ 43million sale at 144 Duane Street was the largest closed transaction of 2013 in New York City. An especially big congratulations to Yoko Sanada who made it all possible. Here is… [Read More]