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  • Neighborhood Joint: Staubitz Market in Brooklyn: 100 Years of Sawdust, Steaks and Chops
    By ANDREW COTTO - Wednesday Jun 14, 2017

    A display contains frozen items, and the shelves are stocked with jars and cans. But there’s just one reason to visit this Boerum Hill business: meat.

    Source: NYT > Home Page
  • Attention, Affluent Marketers: Please Watch Out For The Gap Between Millennials And Luxury
    Wednesday May 3, 2017

    Based on recent questions we have received about what’s really going on with Millennial consumers and their viewpoints on luxury and upscale products and services, werecently conducted a qualitative research study, “Millennials: Their Current and Future Need for Luxury,” in collaboration with The Luxury Marketing Council of Connecticut –Hudson Valley.  

    The exploratory study’s primary purpose was to lay the foundation for a more comprehensive understanding of Millennials' luxury-related passions, values,and buying habits in significant luxury and upscale markets. This study included both an online survey of 46 respondents and an in-depth, 90-minute focus group discussion with five accomplishedMillennials (all from the eastern United States), concentrating on the following two topics: 

    • How Millennials describe luxury 
  • Their current and future need for luxury products and services and their rationale for their outlook

More so than in the past, this keyaffluent demographic, upscale Millennials, described the word “luxury” using such negative terms as “expensive” and “unnecessary.” Also, some key attributes ofluxury in the minds of the older generations — Gen-Xers and Boomers — such as “exclusive” and “designer” were not as important, if at all, to many of theMillennials. 

Given this scenario, brands that market to affluent and luxury consumers had better pay close attention to how Millennials view upscale and luxury products andservices. And when these less-than-positive descriptions come from Millennials — the future affluent consumers — how do they impact prospects for the affluent and luxury goods and servicesmarketplaces in the future?

This challenge is even more daunting since most Millennials in this exploratory study, when asked about their need for luxuries, answered that theydon’t need them. There were a few exceptions, as some respondents cited “quality” and “designer” as positive attributes of luxury. In addition, Chanel, Hermès, andRolls-Royce were all mentioned as notable and recognized luxury brands, so there is at least some name brand awareness among this younger generation. 

Notably, though, in thissurvey, not one American brand was mentioned as being among the top luxury brands. That said, this overall lukewarm interest in luxury is a clear warning shot across the bow of the affluent and luxuryworlds, and its implications call for more innovative approaches to making a case for upscale and luxury products and services among Millennials … or that case may well be closed.

Source: Media Post: Engage:Affluent
  • Cyclist Killed by Bus in New York’s First Citi Bike Fatality
    By MATTHEW HAAG and HANNAH ALANI - Tuesday Jun 13, 2017

    Dan Hanegby of Brooklyn fell under a bus’s tires in Chelsea. He worked for Credit Suisse and was once the top-ranked tennis player in Israel.

    Source: NYT > Home Page
  • Why Ohio State keeps calling for Erasmus Hall’s biggest stars
    By Zach Braziller - Monday Jun 26, 2017

    Matt Jones was introduced to the Ohio State-Erasmus Hall bond early on. He was only in eighth grade when he met Ohio State coach Urban Meyer and several of the powerhouse program’s other coaches on their visit to the Brooklyn high school. They were there recruiting Curtis Samuel, who would become a Buckeye star and...

    Source: New York Post: Sports
  • Andre Iguodala on the Nets’ radar
    By Brian Lewis - Tuesday Jun 27, 2017

    With a suddenly youthful team, coach Kenny Atkinson and general manager Sean Marks said the Nets will be shopping for veterans. Andre Iguodala is reportedly on that list. The 33-year-old Iguodala won his second NBA championship ring with Golden State this month, and was a finalist for Sixth Man of the Year. But Brooklyn is...

    Source: New York Post: Sports
  • Pride 2017: New York’s L.G.B.T.Q. Story Began Well Before Stonewall
    By LIAM STACK - Monday Jun 19, 2017

    The gay bar’s 1969 patron-police battle, hailed as a starting point, actually followed many events in the city, now mapped in a sites project.

    Source: NYT > Home Page
  • Fashion Review: American Chic on the Runways of Paris
    By GUY TREBAY - Tuesday Jun 27, 2017

    Berluti, Comme des Garçons, Hermès, Junya Watanabe, Louis Vuitton and Valentino solve a fashion problem: dressing the 21st-century man.

    Source: NYT > Home Page
  • Luxury, In The Words Of Female And Male Luxury Buyers
    Wednesday Apr 5, 2017

    This month's column follows up on the many comments we received from readers of last month's column, "Luxury, In The Words Of Upscale Americans," which focused on the differences in how upscaleAmericans, as defined by their spending power (i.e., their household incomes and wealth), describe luxury in response to the following question: "When you read, see, or hear the word luxury, pleasedescribe briefly what you think about."

    Source: Media Post: Engage:Affluent