Today is a big day at our commercial appraisal firm, Miller Cicero. My partner John Cicero has shared a few thoughts on the anniversary – after all, he is the smartest guy I know.
Here’s John Cicero’s take on it.
Seven years ago today Miller Cicero [1] was formed, a collaboration between me and Jonathan Miller [2] (before he became famous and went on Mexican TV), his wife Cheryl [3] (who watches over the purse strings) and his sister Dina [4] (the true brains of Miller Samuel!) It’s been a great ride and I couldn’t ask for better partners.
Similarly, I couldn’t ask for a better group of staff appraisers, especially Michael Falsetta, Executive Vice President, who freakishly remembers every sale that ever took place in Brooklyn since the turn of the century (and knows where to get the best pizza and grilled octopus in every borough), and Steve Manheimer, Senior Vice President, who leaves no stone unturned when researching a project and makes more demands on himself than I ever do. I know that I’m biased but I believe that I have the best group in the business.
Its been an interesting time to be appraising property in the New York metro area, though. Over the past seven years we’ve seen property double and triple in value, buyers camping outside the sales offices of new condos to be the first to buy, 21-year olds fresh out of school becoming developers (cute!) and then…just as quickly, complete market paralysis.
OK, enough nostalgia. I need to get back to trying to figure out what anything is worth these days….