Posted by Leonard Steinberg of Compass on April 20th, 2015 Shockingly, the politically fueled non-story about how people who qualify for affordable component rental housing within a large market-rate condominium would have to use a separate entrance, has resulted in over 88,000 applicants for just 55 units at 470 West 62nd Street. Further proof that… [Read More]
SOME THOUGHTS ON OBAMA'S NEW MORTGAGE PLAN
Posted on August 9th, 2013 Obama is finally addressing the need to reform the mortgage world, a lead cause of our current financial woes. In my opinion there should be a mortgage lending requirement that all borrowers must have full health insurance to protect the mortgage lender. Being lent money is not a right, it’s… [Read More]
WOULD CREATING 100 MILLION JOBS PAYING $ 50,000.00 PER YEAR CURE THE ECONOMY?
Posted by Leonard Steinberg on July 16th, 2012 It is fact now that US corporations are sitting on almost $ 5 TRILLION in cash, both domestically and internationally. This cash sits idle as corporations’ frustration grows because consumer demand is not strong enough to justify solid, meaningful business investment. This is my argument: Consumer demand… [Read More]