market extrapolation can be hard, but this loft sale comp is a non-sale of same loft Stop me if you’ve heard this before: an “index” is a proxy for The Market, just as a market report is a summary of…
market extrapolation can be hard, but this loft sale comp is a non-sale of same loft Stop me if you’ve heard this before: an “index” is a proxy for The Market, just as a market report is a summary of…
numbers are hard thingsIt is not a coincidence that both lofts on the 3rd floor at 30 West 15 Street closed on the same day. Although owned by different people and listed by different firms, the closings of lofts #3S…
[having discovered that my draft post was WAY too long for this platform, the end of my Part 1 post follows, with the last paragraph repeated…] … With this building sales history as context, the exemplar July 2011 sale…
a different approach to outliersI daresay that the Sunday real estate section lead article in yesterday’s New York Times by Vivian Toy, In New York, a Sprinkling of Higher Prices, will get a lot of play on the inter tubes.…
well, it’s a theoryGenerally speaking, the Manhattan real estate resale market is not terribly efficient, in the economic sense. First, because real time accurate information is not widely held (among other factors: in contract status, actual condition of units); second,…
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