Tag: Jonathan Miller

was the Manhattan coop loft market dead in 1Q09? Miller nugget provokes arithmetic angst

once more into the breachThis may be my last nugget from the Manhattan real estate market reports from the first quarter of 2009. Honors go to Miller Samuel:  The market share of new development sales jumped to 74.2% of all

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disconnect / sellers struggle to find The Market

The Miller graphs itInteresting graph on yesterday’s Curbed contribution from The Miller, Three Cents Worth: Listing Discount A Spiked Punch . Bottom Line is that what The Miller calls Listing Discount (the gaps between the last listing price and the

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creeping Manhattan inventory a feint or more creepy?

oracle of dataOver at Matrix, Jonathan Miller links to a chart he did for Crain’s New York Business showing that the number of coops and condos available for sale in Manhattan has gone up 15% from the end of December to

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seasonality of Manhattan inventory, not so much

numbers don’t lie, but they can confuseI put this one aside a week ago, not sure what it means. I have decided it does not mean much, except that it addresses a question that people sometimes ask, and that other

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it's the demand, stupid / Manhattan Q3 market numbers

not supply, but demand I usually focus on the inventory number as a key number in any Manhattan real estate market reports, but the inventory numbers this quarter are overwhelmed in significance by the demand number — the raw number

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Lake Wobegon lofts sell for more than $1,246/ft

  crunch, crunch Miller, crunch, crunch Samuel I have finally gotten to spend a little time staring at the fourth page of the Miller Samuel Second Quarter Manhattan Market Overview, the page with the loft synopsis.   As per usual,

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sorry, wrong number (but still ironic) / Miller corrects the record

  year-over-year number different than quarterly decline Jonathan Miller points out on his Matrix that the NY Post article I quoted yesterday (Manhattan Bumps Real-Estate Slump) used the wrong median sale price number in comparing his report for PruDE with

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what

  Nice post on Jonathan Miller’s other blog, Soapbox (on appraisals) about the temptation to predict the future: we all have it, you all want it.   I try to tell people all the time that the best I can

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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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loft market trended with overall market in Q3 06 / Miller Samuel finally stands up

Appraiser Jonathan Miller cops to being the reason his Q3 Manhattan Market Overview has been so long delayed in release, but at least it is now out. The short story for Manhattan lofts is that (1) the loft market behaved

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