Commercial Grade is a regular post by John Cicero, MAI, CRE, FRICS who provides commentary on issues affecting real estate appraisers, with specific focus on commercial valuation. This week, John shows us how we can correlate real estate values with physical exertion and not resort to blood doping.
Disclosure: John is a partner of mine in our commercial real estate valuation concern Miller Cicero, LLC and he is,
on Tuesdays on Wednesdays , one of the smartest guys I know. …Jonathan Miller
Truethe subways are crowded, apartment rents are through the roof and every so often you need to fend off the squeegee guy, but for me this remains the greatest city in the world! For the second year in a row, I rode in the NYC 5-boro bike tour — a completely unique perspective. It was completely exhilarating to be biking down the Brooklyn-Queens Expressway, a road that is typically clogged with trafficnot to mention riding over the Verrazzano Narrows Bridge without paying the $9 toll!
The highlight of the trip for anyone near me, of course, was listening to my running commentary on the dozens and dozens of buildings that I’ve appraised over the years as I rode by!