Posted by Leonard Steinberg of URBAN COMPASS on October 9th, 2014 Are Soho artists living in the third most expensive zip code in the USA? It appears so…..The median price for a home in Soho is $6 million yet the City still keeps Soho in the grasp of an antiquated zoning law called A.I.R, or… [Read More]
SAVE SOHO: HELP WITH THE A.I.R ISSUE IN SOHO AND NOHO!
Posted by Leonard Steinberg on March 31st, 2012 Forty years ago, zoning laws were enacted in New York permitting joint live/work quarters for artists who were certified by the New York City Department of Cultural Affairs. They were necessary to protect the remaining manufacturing uses as well as artists who occupied vacant or underutilized buildings… [Read More]
THE POST OFFICE FIGHTS EVOLUTION
Posted by Leonard Steinberg on January 28th, 2012 As I look out of my window in the distance I see a large U. S. Post Office facility and it reminds me of the on-going debacle that is the Post Office. I speak on this subject from a real estate perspective living in an area (West… [Read More]
WEST CHELSEA’S FUTURE AS AN ARTS CENTER?
Posted by Leonard Steinberg on July 15, 2011 The question arose this week (and many times before) about the future of West Chelsea as an Arts Center: will West Chelsea go the way of Soho? Will Gagosian become the Gap? Will Prada replace Paula Cooper? Chanel replace Cheim & Reid? “The biggest difference between Soho’s… [Read More]
CANAL STREET: THE NEXT PARK AVENUE?
Posted by Leonard Steinberg on March 31, 2011 Residential real estate sales in Downtown New York soared in the month of March, and as the first quarter of 2011 draws to a close, it is clearly evident that the market has recovered strongly from a year ago, and even from the last quarter of 2010…. [Read More]
BRACE YOURSELF: IS LUXE-HYPER-INFLATION AROUND THE CORNER?
Posted by Leonard Steinberg on December 19, 2010 Downtown New York residential real estate inventories are now approaching the levels of 2005…..does this equate to the beginnings of a shortage? With new construction having ground to a virtual halt over the past 2 years, we should not expect any brand new DELIVERABLE quality ultra-luxury apartments for… [Read More]
DOWNTOWN! Manhattan’s favored suburb. Convenience is the new luxury.
Is Downtown Manhattan the new New York SUBURB? With 200 Eleventh Avenue, you have a garage attached to your own apartment……many full-full service buildings are becoming similar to suburban ‘gated communities’ affording even more conveniences than their suburban counterparts….think 101 Warren Street with its own Whole Foods, Bed Bath and Beyond and Barnes and Noble IN… [Read More]