Posted by Leonard Steinberg on April 21st, 2012 The 7,000sf+ penthouse at 145 Hudson Street (Sky Lofts) in New York’s prized downtown neighborhood Tribeca has returned to the market for $ 48million, or $ 6,400/sf: Is this showplace worth that much more than the penthouses of Superior Ink, 200 Eleventh Ave. and 100 Eleventh Ave,… [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]
ITS TIME TO CHANGE NEW YORK CITY SCAFFOLDING
Posted by Leonard Steinberg on July 30th, 2011 We have covered this subject before in LUXURYLETTER: Manhattan and New York City sidewalks are constantly covered with hideous, unsightly construction sheds and scaffolding. Always dark, somewhat sketchy, and often covered with graffiti, the sheds leave much to be desired, which is why the Department of Buildings… [Read More]
UBS MOVING BACK TO NEW YORK?
UBS moving back to New York?
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]
BROOKLYN HEIGHTS: I WAS WRONG!
Posted by Leonard Steinberg on March 20, 2011 For years I said the upscale Manhattan crowd would never travel ALL THE WAY to Brooklyn to live in what are arguably neighborhoods as refined and desirable as the West Village, Tribeca and the Upper East Side: I was wrong. About 3 years ago, a friend of… [Read More]
TRIBECA'S NEWEST PARK OPENS AT PIER 25.
Great news for Tribeca, and another reason why the West side of Tribeca will increase in desirability and value: Construction at Pier 25 wrapped up right on time for Thursday’s grand opening of what becomes the newest piece of the five-mile-long Hudson River Park, the largest open space to be built in Manhattan since Central… [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]