200 ELEVENTH AVENUE: BUILDING OF THE YEAR?

Posted by Leonard Steinberg on December 31, 2010 Of course we are completely biased, as we were actively involved in the creation and marketing of 200 Eleventh Avenue. And while it may not be a huge compliment, we took it as one when CURBED.COM rated 200 Eleventh Avenue the BEST NEW BUILDING OF 2010. Kudo’s… [Read More]

A TRASHY TALE….

Have you ever noticed the trash in front of some buildings (a system that appears more in keeping with 19th century technology) while other buildings do not have to succumb to placing large bags of garbage in front of their buildings? “It is truly amazing that in the 21st Century, with a world full of… [Read More]

NEW YORK: BEST CITY IN USA FOR HIRING

In CRAINS, a report on the strength of the New York for hiring…..certainly a good thing for real estate when the strength of the employee pool is best in the country…. Whats good for business, is good for real estate values. SEEN IN CRAINS:  Here’s a bit of good news for New York businesses: The… [Read More]

NEW YORK ADDS MORE JOBS IN AUGUST.

The city’s faster-than-expected recovery continued in August:  the local economy added 6,500 private sector jobs, continuing to surpass the nation’s growth rate. Jobs were added mostly in the real estate and banking arenas. New York’s August unemployment rate held steady at 9.4%, according to a report released Thursday by the state Department of Labor. The… [Read More]

EATALY: MANHATTANS NEW FOOD COURT

Yesterday I visited EATALY for the first time, the new food emporium of Mario Batali…..what an experience! The line at the front door was the reminiscent of Studio 54: who would be chic enough to get past that velvet rope from a line stretched around onto 5th Avenue? I had to negotiate hard, explaining a… [Read More]

ONE HYDE PARK: THE MOST EXPENSIVE APARTMENT IN THE WORLD SELLS.

And you thought New York was expensive? Think again. A six-bedroom, two-floor penthouse in the One Hyde Park development in Knightsbridge, London has sold for £140 million — equivalent to around $220 million — making it the world’s highest priced apartment sale, according to THE REAL DEAL. The buyer, who remains anonymous, will enjoy views of the London skyline,… [Read More]

  Luxury New York real estate is invading the media…. Supposedly, according to the NEW YORK POST, Brown Harris Stevens brokers, Brenda Powers and Elizabeth Sample, made it past the first cut of candidates to potentially join the cast of “The Real Housewives of New York City.” Kim G…..watch out!  What about Jackie, Dolly? Hello????

MANHATTAN INFLATION, MTA-style

Anyone worried about inflation going away in New York, and worse, turning into deflation (the talk du jour), should look to the MTA for some relief. In a recent audit, astounding abuse of the overtime pay system is revealed. This is on top of the absurd retirement policies they have  in place. An example: The audit… [Read More]

NEW YORK HAS THE MOST MILLIONAIRES, BUT….

In to-days Wall Street Journal, a tally is made of the number of millionaires (those with at least $ 1million in investable assets) in the major cities of the US: New York ranks #1, and has almost as many millionaires as Los Angeles, Chicago, Washington and San Francisco…combined!  The number grew almost 19% in 2009. BUT, $ 1million… [Read More]