Tag: Demand

babbling in the Real Estate Industrial Complex / NY Magazine edition

  does EVERYONE want to live in the Village?I probably take boozy (and woozy) press coverage about the Manhattan real estate market more seriously than most people (I hope so, for their sake), but this bit of drivel from a

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risk, revisited / I am still a coward, but the 'brave' did not sell (yet)

checking back on the SpringI recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky

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monthly sales trends for Manhattan coops + condos, per Corcoran

  small but confusing nuggetThe number that jumped out at me when I got to see Corcoran’s Manhattan real estate market report for the first quarter of 2009 (pdf, here) is their count of what looks like closed sales, by

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am I a coward? assessing + bearing risk in a risky world

a rumination (bear with me)I tell owners in this market that my job is to protect their equity and get them on their way (to whatever is next in their lives) with as much money in their pocket as possible.

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Barbanel gives up Manhattan sales data in NY Times, grudgingly

stingy reporter!I referred in Wednesday’s data point in a sideways market / closing at 32 West 18 Street to "Josh Barbanel’s latest frustrating review of market data from Sunday’s New York Times (A Mixed Picture)" as an intro to that

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actual data / 5 years of median sales prices, by size of apartment

Following on yesterday’s post about Big Media ‘reading’ The Market (making sense is hard / NYT vs WSJ on The Manhattan Market), here is some hard data about the median price for closed sales in all of Manhattan, by quarter,

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Manhattan as

  I post lasted week about “economic rent” and how “the fundamentals” must be different in Manhattan compared to most places in America, my theory being that coop and condo prices in Manhattan are driven more by demand-side issues than

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