The Real Deal New York

Posts Tagged ‘Leonard Steinberg’

  • From left: Leonard Steinberg, 450 West 25th Street and Ben Shaoul

    From left: Leonard Steinberg, 450 West 25th Street and Ben Shaoul

    UPDATED, Dec. 17, 4:17 p.m.: Ben Shaoul’s conversion of a four-story multifamily building in West Chelsea into a modern townhouse has set a record north of 23rd Street, broker Leonard Steinberg claims. [more]

    5 Comments
  • From left: Amir Korangy, Marc Murphy, Leonard Steinberg, Jeffrey Brodsky and Andrew Goldberg

    From left: Amir Korangy, Marc Murphy, Leonard Steinberg, Jeffrey Brodsky and Andrew Goldberg

    Like Prince Edward in Mark Twain’s 1881 novel The Prince and the Pauper, today’s buyers of Manhattan’s top real estate can become jaded when everything on the market carries the luxury tag – and the word itself starts to lose its meaning.

    [more]

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  • From left: rendering of 152 Elizabeth Street and Tadao Ando

    From left: rendering of 152 Elizabeth Street and Tadao Ando

    Japanese architect Tadao Ando has designed some of the world’s most celebrated buildings. He’s won every major architecture award. The only thing that’s seemed to elude him: designing a New York City apartment building. [more]

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  • Is Urban Compass really the future?

    November 25, 2014 08:30AM
    From left: Ori Allon, Leonard Steinberg, Kyle Blackmon and Robert Reffkin

    From left: Ori Allon, Leonard Steinberg, Kyle Blackmon and Robert Reffkin

    Brown Harris Stevens’ Twitter handle reads, simply, “@Established1873.” The brokerage trades upon its distinguished lineage and generally manages to keep its white-gloved hands out of industry drama. But when real estate startup Urban Compass poached elite broker Kyle Blackmon last week, BHS president Hall Willkie decided it was time for those gloves to come off.

    “Kyle has made the decision that the equity proposition offered to him trumps a singular focus on brokerage,” Willkie said in a statement to The Real Deal. He questioned the wisdom of that decision in an internal BHS memo that stated: “The value of Kyle’s or anyone’s equity will be dependent on the success of Urban Compass’ founders implementing their vision of selling their company for substantially more than many industry experts believe is possible.”

    Willkie’s statement echoed what many in the industry have whispered – or shouted under the cloak of anonymity – for months. Urban Compass, these sources say, is merely an idea – albeit a well-choreographed, Ivy League and McKinsey-branded one. But even with a $360 million valuation, they ask, is it really the future? [more]

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  • From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

    From left: Robert Reffkin, Leonard Steinberg and Lever House at 390 Park Avenue

    Urban Compass is expanding to Park Avenue’s Lever House. [more]

    5 Comments
  • From left: 520 Park Avenue, Leonard Steinberg, Emily Beare and Michael Graves

    From left: 520 Park Avenue, Leonard Steinberg, Emily Beare and Michael Graves

    Earlier this week, Zeckendorf Development announced that it would seek $130 million for the penthouse triplex at its 520 Park development, the priciest current listing for a condominium unit in New York City. The ask surpassed the $118 million listing for the Ritz Carlton Hotel’s penthouse and surely made more than a few jaws drop. [more]

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  • The penthouse at 7 Harrison Street in Tribeca (Credit: Steven Harris Architects)

    The penthouse at 7 Harrison Street in Tribeca (Credit: Steven Harris Architects)

    The $25 million penthouse at Tribeca’s 7 Harrison Street goes live this morning, and The Real Deal got a first peek. The Southern California-style, glassy duplex house, designed by Steven Harris, is inspired by the work of late Austrian-American modernist architect Richard Neutra. The unit has four bedrooms and 4.5 bathrooms spread over 4,200 square feet. [more]

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  • From: Domingo Zapata, Ilan Bracha, Andrea Tantaros, Leonard Steinberg, Wendy Maitland, The Real Deal's Amir Korangy and Stuart Elliott, Domingo Zapata and  Kelli Giddish

    Clockwise from top left: Domingo Zapata and Ilan Bracha; Andrea Tantaros, Leonard Steinberg and Wendy Maitland; Domingo Zapata and Kelli Giddish; The Real Deal’s Amir Korangy and Stuart Elliott

    There’s no need to exchange the city for the Hamptons if you’re looking for a good party in August. Case in point: Luxury Listings NYC‘s event on Tuesday night, which was held at artist Domingo Zapata’s Gramercy Park triplex.

    Zapata, as well as his colorful, art-filled home, was featured on the cover of the July issue of LLNYC. The event was sponsored by Keller Williams NYC and the Bracha Group. Click here to see the photos from the event.

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  • From left: 7 Harrison and Leonard Steinberg

    From left: 7 Harrison and Leonard Steinberg

    Loft living seems to be losing a good deal of its appeal. [more]

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  • From left: Jared Kushner, Miki Naftali and Leonard Steinberg

    From left: Jared Kushner, Miki Naftali and Leonard Steinberg

    Developers Miki Naftali and Jared Kushner, as well as top Downtown broker Leonard Steinberg, spoke today to a standing-room-only crowd at the Lower East Side’s New Museum during a panel discussion on the future of real estate. The discussion kicked off with a look at the state of Manhattan’s luxury market. [more]

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  • Leonard Steinberg (Credit: Briana Heard)

    Leonard Steinberg (Credit: Briana Heard)

    From the July issue: It was the shot heard ’round the real estate world. Last month, Leonard Steinberg ended his 13-year tenure with Douglas Elliman to join real estate technology startup Urban Compass as its president. [more]

    1 Comment
  • The July issue is live!

    July 02, 2014 07:58AM


    july

    Big ideas in New York City’s real estate industry can either be short-lived or long-lasting concepts that set a new standard. This month, we surveyed top industry players to break down the latest influx of innovative concepts gaining steam in today’s market, from crowdfunding to condo-ing LED signs on buildings to using Google Glass to showcase properties. We take a look at the best of them in the cover story of our July issue, now available online. [more]

    1 Comment
  • A drone camera and the view from HFZ Capital's 505 West 19th Street

    A drone camera and the view from 505 West 19th Street

    Realtors who use drones to snap aerial shots of properties have been hit with subpoenas by the Federal Aviation Administration. [more]

    4 Comments
  • Ryan Serhant to join Urban Compass?

    June 19, 2014 01:02PM
    From left: Ryan Serhant and Leonard Steinberg

    From left: Ryan Serhant and Leonard Steinberg (Credit: @luxury_loft_team on Instagram)

    Could “Million Dollar Listing New York” star Ryan Serhant be looking to leave Nest Seekers International to join Urban Compass? Leonard Steinberg, one of the city’s top-ranked brokers, made a shock move to the much-hyped startup from Douglas Elliman earlier this month, and has been wining and dining Serhant this week, as indicated by both brokers’ social media accounts. [more]

    10 Comments
  • From left: Jay Glazer and Tinnie Chan Sassano

    From left: Jay Glazer and Tinnie Chan Sassano

    Warburg Realty’s Jay Glazer and Town Residential’s Tinnie Chan Sassano are the latest in a string of high-profile brokers to jump to Urban Compass in recent months. The moves come hot on the heels of star broker Leonard Steinberg’s surprise defection from Douglas Elliman.

    Glazer, named one of Warburg’s top brokers in 2013 along with Richard Steinberg and Wendy Greenbaum, cited Leonard Steinberg’s leap as a factor that cemented his decision to make the move. [more]

    5 Comments
  • 146 Waverly Steinberg

    From left: 146 Waverly Place, Leonard Steinberg and renderings of interior of 146 Waverly

    Leonard Steinberg is marketing a Greenwich Village townhouse undergoing a gut renovation for $22 million — more than twice the $10.2 million the sellers paid for the property late last year. [more]

    4 Comments
  • Leonard Steinberg and a unit at 7 Harrison Street (Credit: Urban Compass)

    Leonard Steinberg and a unit at 7 Harrison Street (Credit: Urban Compass)

    Leonard Steinberg’s shock exodus from Douglas Elliman saw the star broker take several shiny listings to his new firm, upstart Urban Compass. But it appears Steinberg may have had to relinquish a number of his crown jewels in the surprise switch. [more]

    2 Comments
  • From left: Ori Allon, Leonard Steinberg, Hervé Senequier and Robert Reffkin

    From left: Ori Allon, Leonard Steinberg, Herve Senequier and Robert Reffkin

    UPDATED, 10:22 a.m., June 2: Leonard Steinberg, a perennial top-ranked broker at Douglas Elliman, is ending his decade-plus tenure with the firm to join Urban Compass as its president, The Real Deal has learned. Steinberg declined to comment, citing legal constraints. He led Elliman’s Luxury Loft team, along with partner Hervé Senequier, who is also joining Urban Compass as vice president of strategic development. [more]

    16 Comments
  • The Real Deal hosts a series of panel discussions.

    From left: Leonard Steinberg, Richard Steinberg, Stephen Kliegerman and Adam Modlin

    “Every time a seller tells me about this illustrious Russian oligarch that is going to step out of the shadows and buy their $100 million apartment – that is probably worth a lot less — I shudder,“ Leonard Steinberg, a top broker at Douglas Elliman told a room of hundreds of real estate industry professionals at The Real Deal and Luxury Listing‘s NYC New Development Showcase panel on international buyers. [more]

    1 Comment
  • Soho penthouse trades for nearly $27M

    April 23, 2014 03:47PM
    From left: Leonard Steinberg, Herve Senequier, 383 West Broadway and Adam Modlin

    From left: Leonard Steinberg, Herve Senequier, 383 West Broadway and Adam Modlin

    The penthouse loft in a former Soho manufacturing space has changed hands for $26.58 million. [more]

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