Average sales size patterns for these two size sales categories split sharply three years ago.
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Tags: Square Footage, New Development Sales, Condos, resales
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Posts Tagged ‘New Development Sales’
New Manhattan Condos Got Really Big Over The Past Three Years
Bloomberg TV’s Surveillance on 12-31-2015
December 31, 2015 | 8:00 pm |
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On the last day of 2015 I was invited to guest host for the 6am hour on Bloomberg TV’s Surveillance with Mike McKee, Vonnie Quinn & Erik Schatzker. I was paired with Michael Holland, Chairman at Holland & Co. I’ve never met him before but really enjoyed his insights on the stock market.
The first segment was largely stock market talk which was out of my bailiwick but in the second segment I got to articulate my views on the New York City super luxury market. Today’s Max Frankel New York Times editorial was brought up – “Make Them Pay For Views” – which I thought was a ridiculous premise – despite the legendary author.
And a second segment talking about professional services used for acquiring assets.
After the hour was up, I ran over to Bloomberg Radio’s Surveillance with Mike McKee (at 33 minute mark) [Listen to clip]
Gotta go. The Spartans are playing in the Cotton Bowl now.
Tags: Bloomberg TV, Erik Schatzker, Bloomberg Radio, Vonnie Quinn, New Development Sales, Super Talls, Mike McKee, guest host, Michael Holland, Max Frankel
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Rocket Ship: Manhattan New versus Existing Average Sales Price
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I’ll let this soak in.
New development sales are significantly detached from the balance of the market. I selected average sales price to exaggerate the trend to make my point.
Tags: Existing Home Sales, New Development Sales
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[Chart] Separating New Development From Existing Sales Shows Sharply Higher Trend
After separating new development data from existing sales from our 1Q14 Manhattan sales report, the high end new development product that is beginning to close now and pushing overall prices to record levels.
[click to expand]
Tags: Existing Home Sales, New Development Sales
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About Jonathan Miller
Jonathan Miller is President and CEO of Miller Samuel Inc., a real estate appraisal and consulting firm he co-founded in 1986. He is a state-certified real estate appraiser in New York and Connecticut, performing court testimony as an expert witness in various local, state, and federal courts. He holds the Counselors of Real Estate (CRE) designation, is an Appraiser “A” Member of the Real Estate Board of New York, and is a member of RAC.
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Columns by Jonathan Miller
Forbes ('20-)
Appraisersblogs ('17-)
'Three Cents Worth' column 3CW ('05-'16)
When Curbed was acquired by Vox, my eleven years of 3CW chart art and column links were broken on Curbed NY, Curbed DC, Curbed Miami, Curbed Hamptons, Curbed LA, and Curbed Ski.
Many of my 3CW charts can be found here:
Curbed 3CW Full Chart Archive
Op-ed column ('14-'15)
'Economic Spotlight column ('03-'09)
New York Times experiment ('08-09')
Huffington Post (09')
Favorite "How to Value" Posts
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