I’m a big fan of Pat Kiernan, the star anchor for Spectrum News NY1. I especially like his “in the papers” spots and I’ve been on his morning show a few times. He interviewed me virtually to set the stage to describe NYC’s housing challenge.
Check it out!
Tags: NY1, Pat Kiernan, Housing Crisis, Spectrum NY1
Michael Herzenberg of NY1 did a great story on the exodus from Stuy Town after the landlord provided terms for people to break their leases. The story was inspired by a press release from CHIP (I haven’t seen) which talked about the pandemic exodus as the reason for the rising vacancies. I thought that was a bit of hyperbole since the other key factor has been the inability of the real estate brokerage industry to do in-house showings by state mandate until June 22nd. The lack of mobility has also been a key factor in driving vacancy higher.
Tags: NY1, Michael Herzenberg, Spectrum TV, Stuyvesant Town
[click to see article and play clip]
Enjoyed speaking with Michael Herzenberg of NY1 on the Super Tall story in Manhattan. This is a great summary of the phenomenon.
Tags: NY1, skyscraper, Super Talls, Michael Herzenberg
Yesterday I joined Pat Kiernan on NY1’s Mornings on 1 show to talk about the proposed tax GOP tax bills agree to by the House and the Senate. Pat is a local broadcasting legend so it was great to actually meet him in person.
Later that day a couple of sticking points separating the two versions of the bills were addressed in the congressional committee. Once they agree to the terms, they’ll probably hold a vote next week and then send to the president for signature.
Tags: federal government, Mornings On 1, Pat Kiernan, NY1
|
TV, Videos
|
[click to play]
Jill Urban of NY1 News came by my office to talk about the state of the New York rental market – she did a great job conveying the state of the market.
The Elliman Report: 12-2012 Manhattan Rentals [Miller Samuel]
The Elliman Report: 12-2012 Manhattan Rentals [Douglas Elliman]
Tags: NY1, Jill Urban, Television
[click to play]
Had a great conversation with Monica Brown covering the release of the Elliman Report: Manhattan Sales 3Q 2012. She’s NY1’s anchor for Staten Island, Queens and Rockland County.
Tags: Television, NY1
[click to play]
Shazia Khan of NY1 does a nice local segment on foreign buyers (no pun intended). You can’t really tell, but due to tripod issues, the video camera is sitting on a pile of my books.
Admittedly, NYC always over hypes participation by foreign buyers (remember stories of Irish carpenters buying Manhattan condos?) but its worth paying attention to.
The dollar remains pretty weak compared to the Euro.
Tags: NY1, Television
Here’s NY1’s coverage of our 2Q 09 Manhattan Rental Market Overview released yesterday. Jill always does a great job covering real estate topics.
Tags: NY1, Television
List Price Key In Real Estate Slowdown
By: Jill Urban
It’s all about setting the right price in the current market – sellers have more properties to compete with and need to consider all inferior amenities when setting their list price.
Jill called me to do this piece during an unbelievable downpour on Thursday. You really can’t tell I was soaked.
Tags: NY1, Television
|
Public
|
My firm released the 1Q 2007 Manhattan Market Overview that we author for Prudential Douglas Elliman today. Its pretty much consumed most of my time for the past week and I am glad it is finally out. The “pretty” version should be online by the end of the day.
Note: I am equally thrilled that I won my March Madness pool last night with a Florida win.
The numbers were released and my summary of their interpretation were provided to the media for the coverage today. The actual data and charts will be available later today as well.
A year ago, I began posting the links to the coverage of each report as they are released to see how each media outlet reports the market using the exact same data. I find it to be an interesting process.
This list of articles is presented basically when I found them. I also include some duplicate news feeds because I like to see what regions are interested in the story – I place those near the bottom because of the repetition. I’ll keep adding links through the end of the week.
The Link List
Market Strong for Apartments in Manhattan [NYT] April 3, 2007
Big Apple’s Housing Market Shines [TheStreet.com] April 3, 2007
Manhattan home prices on the rise – again [CNN/Money] April 3, 2007
CITY HIGH RI$E [New York Post] April 3, 2007
Manhattan Apartment Prices Increase at Slower Pace [Bloomberg] April 3, 2007
Wall St dollars help NY buck U.S. housing decline [Reuters] April 3, 2007
Buoyant Manhattan Market Bucks National Housing Trend [New York Sun] April 3, 2007
No bubble in NYC apartment prices [New York Daily News] April 3, 2007
Manhattan Market Report: Sales Soar, Prices Nudge Up [Curbed] April 3, 2007
Residential market in bloom [The Real Deal] April 3, 2007
Manhattan Apartments Keep Selling [Gothamist] April 3, 2007
Manhattan home prices still rising [MSN Money] April 3, 2007
Wall St dollars help NY buck housing decline [Yahoo! News] April 3, 2007
Manhattan’s real estate market stays hot [amNew York] April 3, 2007
Big Apple Bucking National Housing Market Trends [All Headline News] April 3, 2007
Manhattan Residential Market Surges in 2007 [Commercial Property News] April 3, 2007
Quarterly Figures Defy Dour Predictions [New York Observer] April 4, 2007
Radio and TV clips
Manhattan Residential Market [Bloomberg TV] April 3, 2007
Manhattan Residential Market Surges in 2007 [Dow Jones TV] April 3, 2007
Manhattan Residential Market [Bloomberg TV] April 3, 2007
Manhattan Residential Market [WABC-TV] April 3, 2007
Manhattan Residential Market [WNYW-TV Fox 5] April 3, 2007
Manhattan Residential Market [NY 1] April 3, 2007
Manhattan Residential Market [NY 1] April 3, 2007
[Bloomberg Radio] April 4, 2007
[Bloomberg Radio] April 3, 2007
Tags: New York Observer, NY1, Radio
|
Public
|
Amy Zimmer wrote about the latest attempt to break the record for riding the entire New York City subway system continuously [Metro].
The 25 hours, 11 minute record was sent in 1998 [Time for Kids] by Michael Falsetta and his friend Salvatore Babones. Michael is a senior executive at our commercial firm, Miller Cicero, LLC.
Falsetta, an executive at a real estate firm, remembers drinking just one liter of water and eating three Power Bars. Babones, a sociology professor at the University of Pittsburgh, said, “We took 10 minutes off and missed a transfer at Jamaica station so that we could use the restrooms there.”
Babones doubted their record would be broken, but his partner said they “would come out of retirement and issue a challenge” if their record fell.
I love the convenience of the NYC subway system – I use it nearly every business day. However, I don’t know if I love it enough to ride for 24 hours straight.
UPDATE:
Two Adventurers, One Subway System, and a Challenge to Break a Riding Record [NYT]
Two Commuters Try To Break Record For Traveling Entire Subway [NY1]
UPDATE 2:
The Rise and Fall of the Amateur New York Subway Riding Committee [Gricer]
Subway Challenge on MySpace
Buddies go after subway riding mark [Newsday]
Subway Record Attempt [Fox5]
UPDATE 3:
Straphangers Break Record For Fastest Subway System Record [NY1]
If the mass transit thing doesn’t work out, these guys are destined to be in public relations. They got a lot of coverage.
Tags: NY1, Miller Cicero
If you haven't already, sign up for
'Housing Notes' to receive weekly insights and research.
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.
Learn More...
You'll be able to choose from an array of robust housing metrics compiled using research developed during the preparation of our market report series. Expanded significantly from prior offerings, use this resource to build charts and custom data tables or leverage your own information for more powerful research and presentations.
In the meantime, here is a small sample of the aggregated data we will provide.
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')
Get Weekly Insights and Research
Receive Jonathan Miller's 'Housing Notes' and get regular market insights, the market report series for Douglas Elliman Real Estate as well as interviews, columns, blog posts and other content.
Follow Jonathan on Twitter
Favorite "How to Value" Posts
Recent Comments on Matrix