Posted by Leonard Steinberg on January 25th, 2014 Many developers are in a quandary: what is the ‘next’ design direction and how do you deliver this without taking on too much risk. In the last few years we have seen new adjectives emerge in the different styles of finish-out……here are some: 1) Richard Meier-esque:… [Read More]
CRAZY CONTRADICTIONS
Posted by Leonard Steinberg on December 14th, 2013 Today is indeed a day of ironies and contradictions: We learned that Desmond Tutu was snubbed from the Mandela funeral for being possibly the only true un-biased, genuinely honest critic of all things bad, including both the disgraceful Apartheid regime as well as the equally corrupted ANC… [Read More]
THE HIGH END TEAR-DOWN
Posted by Leonard Steinberg on October 27th, 2013 A report released recently shows that many houses in the Hampton’s are being torn down again to be replaced by much larger ones, fueled by a very strong high end market. I have often heard buyers of old dilapidated houses wishing they had torn down the old… [Read More]
$50 MILLION TRUMP SOHO PENTHOUSE LISTED BY DOLLY LENZ
Posted by Leonard Steinberg on September 25th, 2013 As a follow up to last night’s BLURB, take note of another mega-priced listing: the presidential penthouse of the Trump Soho New York just hit the market for a whopping $50 million. The 10,000-square-foot (Maybe $ 5,000/sf is cheap compared to its competition?), customizable spot that’s being listed… [Read More]
WILL 140 WEST STREET BE WALKER TOWER SOUTH?
Posted by Leonard Steinberg on September 12th, 2013 Ben Shaoul of Magnum Real Estate has purchased the upper floors of the magnificent Verizon building located at 140 West Street, a building very similar to the Verizon building that became Walker Tower. This superb Art Deco landmark sits alongside the Freedom Tower, nestled between Tribeca and… [Read More]
ITS ALL ABOUT THE BIG VIEW, BUT NOT FOR ALL
Posted by Leonard Steinberg on June 14th, 2013 My recent experience selling 150 Charles Street, the record-shattering new Witkoff-developed building in the West Village, and more recent sales in other new very high end buildings in Manhattan, has given me a great insight into the mindset of New York high end buyers when it comes to… [Read More]
WALKER TOWER $50m PENTHOUSE FINDS A $ 95m BUYER: RUMOR OR REALITY?
Posted by Leonard Steinberg on September 17th, 2012 Rumor has it that the $ 50 million penthouse at 212 West 18th Street (Walker Tower) has gone to contract with a rather rich oil+gas guy from Texas…..and the rumor goes further ….that he combined additional units to make a $ 95m combination penthouse. If this rumor is true, this… [Read More]
CHELSEA'S WALKER TOWER AT 212 WEST 18th STREET COMES TO LIFE
Posted by Leonard Steinberg on November 14th, 2011 The Verizon building known as Walker Tower, located at 212 West 18th Street, just west of Seventh Avenue between 17th and 18th Street is in the process of being converted to a high end condominium. 55 residences with exceptional views and superb 12ft+ ceiling heights will sit… [Read More]