Posted by Leonard Steinberg of COMPASS on February 17th, 2015 Property price escalations have soared over the past few years in cities such as London, Miami, Aspen, Beverly Hills and New York, in some areas coming off lows caused by the GREAT RECESSION: Many of the super-wealthy are now asking whether its realistic that pricing escalation… [Read More]
WILL THE HOME BATTERY BE THE NEXT 'MANHATTAN-MUST-HAVE' HOME AMENITY?
Posted by Leonard Steinberg of COMPASS on February 13th, 2015 Elon Musk, the James-Bond-sized leader (and fellow South African)behind TESLA, announced that he will be introducing a HOME BATTERY to the market in the next few months, a devise we assume will be akin to a home generator. While Tesla is a car manufacturer, it… [Read More]
HOARDERS ANTICIPATING A MARKET CORRECTION?
Posted by Leonard Steinberg, President of URBAN COMPASS, on January 24th, 2015 As the price of oil dips, word is out that some are hoarding large supplies of oil in anticipation of rising prices in the future. Recently I hear of chatter amongst the very wealthy how they are hoarding (very cheap) cash in anticipation… [Read More]
THE BEST BUYERS: AMERICAN ROLLS ROYCE-BUYING OLIGARCHS?
Posted by Leonard Steinberg, president of URBAN COMPASS, on January 6th, 2015 Is 2015 going to be the year of the AMERICAN Oligarch? Rolls-Royce Motor Cars reported more car deliveries in 2014 than ever before in its 111-year history, marking the fifth consecutive annual sales record for the ultra-luxury brand, according to Bloomberg. The company sold… [Read More]
THE WORLD’S #1 REAL ESTATE BROKER FOR 2014?
Posted by Leonard Steinberg of URBAN COMPASS on January 2nd, 2015 Congratulations to investment broker Douglas Harmon of Eastdil, who with Adam Spies, marketed 50 New York City buildings that traded for $19 billion. Does this make him 2014’s #1 broker of the UNIVERSE?
REFLECTING ON 2014
Posted by Leonard Steinberg, President of URBAN COMPASS on December 31st, 2014 2014 was monumental: making the leap to URBAN COMPASS in June was a daring move, yet looking back now after a mere seven months, I am certain it was the best move ever. Many felt this move was my midlife crisis – simply… [Read More]
DOW 18,000: THIS IS JUST THE BEGINNING!
Posted by Leonard Steinberg of URBAN COMPASS on December 23rd, 2014 The Dow has sailed past the magical 18,000 number and it shocks me that some are surprised by this…..surely strong 5% Third Quarter US economy growth figures combined with a US consumer ‘tax rebate’ in the form of much cheaper gas, combined with low… [Read More]
$500,000.00/MONTH PIERRE HOTEL RENTAL EXPLAINS FOREIGN BUYERS
Posted by Leonard Steinberg of URBAN COMPASS on December 9th, 2014 The $500,000 per month rental of a full floor apartment located on the 39th floor of the luxury Pierre hotel, boasting 4,786 square feet of living space, six bedrooms and 6½ bathrooms, including the Presidential Suite has made headlines as a major rental record for… [Read More]
THE GETTY:VICTOR HOMES, SHVO, PETER MARINO BUILDING REVEALED
Posted by Leonard Steinberg of URBAN COMPASS on December 6th, 2014 Victor Homes and Michael Shvo revealed the Peter Marino-designed building located at the old Getty Station site at 24th Street and Tenth Avenue (239 Tenth Avenue) in West Chelsea, New York at Design Miami as part of the Art Basel fanfare, which naturally had… [Read More]
URBAN COMPASS MARKETS FIRST US TADAO ANDO RESIDENTIAL CONDO
Posted by Leonard Steinberg on December 5th, 2014 I am so honored to confirm the rumors that URBAN COMPASS has been chosen to market the first USA residential condominium building designed by the Grand Master of all Architects, Tadao Ando, located at 152 Elizabeth Street in Nolita. The marketing of the 7-unit property that is… [Read More]