LuxuryBlurb

Posts Tagged ‘Time’s Square’

PROOF OF THE #7 SUBWAY EXTENSION TO 34th STREET @ 11th AVENUE

Tuesday, February 14th, 2012

Posted by Leonard Steinberg on February 14th, 2012

A perfect Valentine’s gift came to-day in the way of proof that the West Side of Midtown will no longer be isolated from the rest of Manhattan: the tunnel connecting 11th Avenue and 34th Street and Times Square is completed and now the finishing process has begun to deliver the # 7 subway extension by the end of 2013. This is great for New York real estate as easily accessible public transportation defines neighborhoods and boosts their value tremendously.

This transportation addition will revolutionize the West Side forever, and area that had been traditionally too far removed from central New York City to be considered convenient. Once the Hudson Yards are built, not to mention the dozens of other buildings sprouting in the area, this neighborhood will become a thriving area, connected to both the hudson River and Central Manhattan.

Seeing is believing!

IS WALKING TO WORK IN VOGUE?

Wednesday, August 4th, 2010

Conde Nast is in the final stages of negotiating its new office space lease in the new World Trade Center building….this means if you see a fabulously rail-thin figure hiding behind a Birkin bag, power-walking in a southerly direction, it may just turn out to be Anna Wintour, the empress of Vogue, who will officially halve her commute to the office. Currently Vogue is housed in Times Square, a 40-something street distance from Ms. Wintours’s chic Village townhouse. The Wall Street location will be about a 20 minute walk. We ask the question:  What is the value to being able to walk to the office, thereby avoiding the commute, whether it be in a limo, the subway or a bus?

If you were to save 20 minutes a day commuting, that’s over 1.5 hours a week saved…or 86+ hours per year…..that’s an additional 3.6 days vacation a year or almost 13 weeks vacation in a 25 year career….. or maybe an additional 5,200 hours on the treadmill? Analyzing your closet?

“In a brief analysis of our clients, we determined that those working closer to home found the extra time to be incredibly valuable,” says Leonard Steinberg, head of the LUXURYLOFT team. Matt Amico, a member of the LUXURYLOFT team added: “Those who walked to the office sounded happier, healthier and pleased with their real estate location’s proximity to the office. In New York, a short, walking commute to the office is a wonderful thing!”