We use the recently introduced S&P/Case-Shiller index for condominium prices to assess the valuation of the New York apartment market. Although housing market valuation typically has little predictive value for the near term, it is useful for anticipating longer-term moves, especially when prices are far away from equilibrium. Indeed, New York apartment prices are very
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Think Small! By Scott Harris Living in a shoebox has been an important rite of passage for many city dwellers. You scored that nearly-affordable apartment and you’re finally you’re living on your own. While your dreams of having a MTV-styled “Real World” loft party are probably going to have to wait, the realities of small-apartment
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“No press is bad press,” especially when it’s good press. My listing with my colleague and brother Judd Harris at 310 west 99th Street was featured as the “Buy of the Week.” We thoroughly enjoyed meeting Vivian S. Toy, whose column is read in my house every weekend. Her photographer showcased the great features of
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Our gorgeous listing at 255 West 98th Street (Apt 6A) was featured in New York Magazine. Jhoanna Robledo, the reporter from NYMag, stopped by at a slow open house, but was delightful. Her photographer got a great shot of the sellers’ cat, Putty. This is available for sale or rent.
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Apartment Practical October/November 2008 a monthly report on getting new york city real estate done A welcome to you as we move towards 2009 and have elected a new President. As you have probably noticed, the media has reported a downturn of the Manhattan Real Estate market. We are certainly witnessing more hesitation and consternation
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Apartment Practical September 2008 a monthly report on getting new york city real estate done A welcome to you from your summer vacations and adventures. Today, more than ever, my clients and customers want advice and information about the “market.” There is just so much to process affecting our Manhattan Real Estate market, especially as
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