Posted by Leonard Steinberg on February 16th, 2014 The world keeps asking “what’s next?” With over 20,000 high priced apartments currently under construction, that is a fair question. Many Manhattan developers who very recently talked about $ 2,000/sf are now talking $ 3,000/sf. “DUBAI 57”, the 57th Street corridor that looks a wee bit like… [Read More]
WHEN THE FED STARTS TO TAPER QUANTITATIVE EASING…..
Posted by Leonard Steinberg on August 19th, 2013 It is a certainty that quantitative easing will be tapered: it is not a question of if, as much as when. It’s a new world for what tapering could mean for the markets as we have no historical benchmark. Is tapering an indication that the economy is improving?… [Read More]