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	<title>Miller Samuel | Recent Press</title>
	<link>http://www.millersamuel.com/press</link>
	<description>Latest stories from the "Press" section of the website</description>
	<language>en-us</language>
	<copyright>Copyright 2005 Miller Samuel Inc. All world wide rights reserved</copyright>
	<webMaster>webmaster&#064;millersamuel.com (Christopher Miles)</webMaster>
	<managingEditor>jmiller&#064;millersamuel.com (Jonathan Miller)</managingEditor>
	<pubDate>Thu, 08 May 2008 12:00:00 EDT</pubDate>
	<lastBuildDate>Thu, 08 May 2008 12:00:00 EDT</lastBuildDate>
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	<ttl>60</ttl>
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	<title>Mortgages &amp; Housing Update</title>
	<link>http://www.millersamuel.com/press/view.php?V=1210276735qNPrh</link>
	<pubDate>Thu, 08 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> To hear this multi-part radio interview, click on each of the following links:</p>
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<p>[Part 1] - </p>
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<p>[Part 2] - </p>]]></description>
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	<title>A Tale of 5 Cities [Manhattan]</title>
	<link>http://www.millersamuel.com/press/view.php?V=1210126764tzqaH</link>
	<pubDate>Tue, 06 May 2008 12:00:00 EDT</pubDate>
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	<title>Storage room in NYC building where Lennon died fetches $801K</title>
	<link>http://www.millersamuel.com/press/view.php?V=1210080934FouAE</link>
	<pubDate>Mon, 05 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The latest proof that Manhattan real estate prices keep climbing past the attic and through the roof can be found in the basement of the famed Dakota apartment building, where a storage room recently fetched $801,000. </p>

<p>High prices are nothing new for the Dakota, a gorgeous, gabled palace overlooking Central Park, best known as the home of John Lennon and the scene of his 1980 assassination. Yoko Ono still lives there and its apartments routinely sell for many millions of dollars.</p>

<p>The...</p>]]></description>
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	<title>Coveting Thy Neighbor&amp;rsquo;s Condo</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209996680aRJWW</link>
	<pubDate>Sun, 04 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Botox. The iPod. Arugula. Each in its own way ushered in an era of heightened expectations  for brow lines, personal music players and salad courses, respectively. </p>

<p>Skip to next paragraph Then there is New York Citys recent condominium boom: Its in-your-face ubiquity and fantasy-minded marketing have raised the bar for apartment seekers exposed to an excess of spa bathrooms, Zen gardens and Boffi kitchens. Thats fine for those willing to pay new-construction prices and wait up to a year or...</p>]]></description>
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	<title>Strong Summer Rentals for the Hamptons</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209735040CVmWj</link>
	<pubDate>Fri, 02 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Justin Sparr was worried that, with the economy slipping into recession, he might have to make concessions to find a good tenant for his four-bedroom house with an outdoor hot tub and private dock in the Hamptons, the traditional summer playground for celebrities, tycoons, and elite families. </p>

<p>It turned out to be "easy breezy," he says. An Upper East Side couple with a baby took the house for Memorial Day to Labor Day and agreed to his asking rent of $40,000 (last year's tenants paid...</p>]]></description>
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	<title>Weak Dollar Has Hamptons Rentals Soaring</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209735344Qxyey</link>
	<pubDate>Thu, 01 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Hamptons home sales have plummeted since the first quarter of last year, but brokers say this summer's rentals are stronger than ever, fueled by an influx of international tourists lured by the beaches and the weak dollar.</p>

<p>"We have had an astronomical rental year," the president of Town & Country Real Estate, Judi Desiderio, said, adding that her firm has rented some 19% of its properties this year to international clients, compared with just 5% last year. "Main Street is going to sound like...</p>]]></description>
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	<title>Rich And Famous New York Enclave Experiences Slump In Home Prices, Sales</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209735777ZAiua</link>
	<pubDate>Thu, 01 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Home prices and sales in the favorite summer hideaway of New York's rich and famous crowd plummeted in the first quarter of 2008.</p>

<p>According to a survey by appraisal company Miller Samuel, the median price of a Hampton home dipped by 7.1 percent to $882,500 while sales tumbled by 29 percent compared to the last quarter of 2007.</p>

<p>Jonathan Miller, chief executive officer of Miller Samuel, explained to Bloomberg, "There's caution because of more potential layoffs in the future, so people are...</p>]]></description>
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	<title>A Few Crumbs of Good Housing News - Housing Tracker</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209736156SRJZH</link>
	<pubDate>Thu, 01 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Prudential Douglas Elliman/ appraisal firm Miller Samuel report: Home prices in the Hamptons, where rich and famous New Yorkers spend summers by the sea, fell in Q1... The median price declined 7.1% to $882,500 and the number of sales dipped 29% from Q407 The number of days a home stayed on the market rose 29% from a year earlier to 181. Homes sold for 9.6% less than the original asking price in Q108, compared with 3.6% less in Q407 In the Hamptons luxury market, defined as the highest 10%...</p>]]></description>
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	<title>Home prices in Hamptons down</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209736922pTMLx</link>
	<pubDate>Thu, 01 May 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Home prices in the Hamptons fell in the first quarter as Wall Street job cuts and an economic slowdown took a toll on some of the region's priciest real estate.</p>

<p>The median price declined 7.1% to $882,500 and sales dipped 29% from the last three months of 2007, according to a survey by appraisal firm Miller Samuel for Prudential Douglas Elliman Real Estate. </p>

<p>"There's caution because of more potential layoffs, so people are taking longer to make buying decisions," Miller Samuel CEO Jonathan...</p>]]></description>
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	<title>1st Quarter 2008 Hamptons and North Fork Residential Market Shows Strength in High-End, Overall Drop in Sales</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209564307AyYvV</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The just-released First Quarter 2008 Prudential Douglas Elliman Hamptons and North Fork Market Overview reveals a rise in price indicators at the top end of the market and a decline in overall number of sales.</p>

<p>"What we are seeing overall on the East End is a market moving modestly upward price-wise, with significant strength at the luxury end," said Dottie Herman, President and CEO of Prudential Douglas Elliman. "The characteristics of this market closely mirror what we are seeing at the same...</p>]]></description>
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	<title>Hamptons Home Prices Decline on Wall Street Job Cuts, Economy</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209564959WbpcI</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Home prices in the Hamptons, where rich and famous New Yorkers spend summers by the sea, fell in the first quarter as Wall Street job cuts and an economic slowdown took a toll on buyers. </p>

<p>The median price declined 7.1 percent to $882,500 and the number of sales dipped 29 percent from the last three months of 2007, according to a survey by appraisal firm Miller Samuel Inc. for New York-based Prudential Douglas Elliman Real Estate. Part- time Hamptons residents include Lazard Ltd. Chief...</p>]]></description>
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	<title>1st Quarter 2008 Hamptons and North Fork Residential Market Shows Strength in High-End, Overall Drop in Sales</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209565610aqZzU</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The just-released First Quarter 2008 Prudential Douglas Elliman Hamptons and North Fork Market Overview reveals a rise in price indicators at the top end of the market and a decline in overall number of sales.</p>

<p>"What we are seeing overall on the East End is a market moving modestly upward price-wise, with significant strength at the luxury end," said Dottie Herman, President and CEO of Prudential Douglas Elliman. "The characteristics of this market closely mirror what we are seeing at the same...</p>]]></description>
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	<title>Sales drop in Hamptons, North Fork</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209567127bRmtj</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The number of sales in the combined market of the Hamptons and Long Island's North Fork plunged 35 percent in the first quarter of 2008 from the previous quarter, according to a market report prepared by appraisal firm Miller Samuel and released by Prudential Douglas Elliman. </p>

<p>A total 400 sales were recorded, down from 613 in the fourth quarter of 2007. Sales also fell 41.4 percent from 683 sales in the first quarter of 2007. </p>

<p>Listing inventory increased as a result, up 5.8 percent from...</p>]]></description>
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	<title>Home sales prices dip in Hamptons, North Fork</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209576072AHZMj</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The price of a home in the Hamptons or North Fork has dropped a teensy bit, with the median sales price going from $800,000 at the end of last year to $790,000 for the first three months of this year, according to the latest quarterly report from Miller Samuel, a Manhattan-based appraisal company.</p>

<p>The first-quarter median price was actually higher than the $775,000 median a year ago, but much of the report reflects an ongoing slowdown in the high-end market, which early last year seemed...</p>]]></description>
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	<title>Hamptons home prices hit by recession</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209588626BznfN</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Looking to buy that long-desired Hamptons home? Now may be the time. </p>

<p>Home prices in the Hamptons, New Yorks hot summer vacation area, took a hit in the first quarter as Wall Street job cuts and a pending recession took their toll on home buying. </p>

<p>The median home price in the Hamptons, which includes Southampton, East Hampton, Bridgehampton, Amagansett and Sagaponack, fell to $882,500 during the first quarter, down 7.1% from fourth quarter 2007, according to a report prepared by appraisal...</p>]]></description>
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	<title>Report: New Yorkers spend more than half of income on rent</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209668740fkwmB</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Troubled financial times, cuts in government housing programs and insufficient incentives for developers to offer affordable housing have all contributed to the booming number of New Yorkers who spend more than half their income on rent, according to Rep. Anthony Weiner (D-Brooklyn/Queens).</p>

<p>More than half a million New Yorkers -- or about 30 percent of those who rent -- spend at least half their paycheck on housing, according to a report from Weiner's office released yesterday. In 1999, about...</p>]]></description>
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	<title>1q 2008 Hamptons/North Fork Market Overview</title>
	<link>http://www.millersamuel.com/press/view.php?V=1210006850fgjqP</link>
	<pubDate>Wed, 30 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> </p>


<p><A HREF="http://windowsmedia.com/download"></p>

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	<title>The just-released First Quarter 2008 Prudential Douglas Elliman Hamptons and North Fork Market Overview reveals a rise in price indicators at the top end of the market and a decline in overall number of sales.</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209565328wBoxH</link>
	<pubDate>Tue, 29 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The just-released First Quarter 2008 Prudential Douglas Elliman Hamptons and North Fork Market Overview reveals a rise in price indicators at the top end of the market and a decline in overall number of sales. </p>

<p>"What we are seeing overall on the East End is a market moving modestly upward price-wise, with significant strength at the luxury end," said Dottie Herman, President and CEO of Prudential Douglas Elliman. "The characteristics of this market closely mirror what we are seeing at the...</p>]]></description>
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	<title>The Power of Teamwork</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209389204zFwaB</link>
	<pubDate>Sun, 27 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> No one remembers who had the idea first, but thats beside the point: The Aronsons and the Edmondses, whose Riverside Drive two-bedroom apartments (8A and 9A) sat atop each other, were both about to sell. So they entered the market at $2.995 million for the two properties, about right for the four-bedroom their apartments could become but easily $400,000 more than they couldve expected to get separately. </p>

<p>Although the couples have since dipped their price, they were definitely onto...</p>]]></description>
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	<title>New Home Sales Lowest In 17 Years</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209069808JvBRF</link>
	<pubDate>Thu, 24 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> </p>


<p><A HREF="http://windowsmedia.com/download"></p>

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	<title>Storage room in NYC building where Lennon died fetches $801K</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209136026RjwQT</link>
	<pubDate>Thu, 24 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The latest proof that Manhattan real estate prices keep climbing past the attic and through the roof can be found in the basement of the famed Dakota apartment building, where a storage room recently fetched $801,000.</p>

<p>High prices are nothing new for the Dakota, a gorgeous, gabled palace overlooking Central Park, best known as the home of John Lennon and the scene of his 1980 assassination. Yoko Ono still lives there and its apartments routinely sell for many millions of dollars.</p>

<p>The room's...</p>]]></description>
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	<title>Wall Street may lose 36,000 jobs</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209139205ZuAwy</link>
	<pubDate>Thu, 24 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Wall Street, the lifeblood of New York City's economy, could lose over 36,000 jobs because the financial credit crisis has rocked markets and stunned the U.S. economy, estimated James Brown, a labor market analyst with New York state's labor department. </p>

<p>"History suggests it's going to be something of that magnitude," Brown told Reuters, noting Wall Street employment peaked at 200,300 in December 2000, nine months before the September 11, 2001 air attacks. </p>

<p>Losing one in five jobs on Wall...</p>]]></description>
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	<title>Is Manhattan Immune from the Real Estate Bust?</title>
	<link>http://www.millersamuel.com/press/view.php?V=1209400690mrRIb</link>
	<pubDate>Thu, 24 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> The real estate downturn has been spreading like a virus since the credit crunch began eight months ago, dragging down prices in small towns, suburbs, and previously resilient cities such as Seattle and San Francisco. New York, it seems, is the last major city where real estate is booming. </p>

<p>In the first quarter of this year, the median price for a Manhattan home rocketed up 18%, to $872,000, compared with the same period last year, according to an Apr. 17 report by ResidentialNYC.com, a Web...</p>]]></description>
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	<title>World Housing Market</title>
	<link>http://www.millersamuel.com/press/view.php?V=1208863314OMocm</link>
	<pubDate>Mon, 21 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> </p><p>To hear the radio broadcast, <a href="http://www.millersamuel.com/video/mp3/GYB20Apr 23_36_57 - 23_43_25.mp3">click here.</a><br></p><p>...</p>]]></description>
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	<title>Average Price For City Home Jumps by 28%</title>
	<link>http://www.millersamuel.com/press/view.php?V=1208525876EHrIY</link>
	<pubDate>Fri, 18 Apr 2008 12:00:00 EDT</pubDate>
	<description><![CDATA[<p> Fueled by a jump in Manhattan condominium prices, the average price of a New York City home climbed to $853,000 in the first quarter of 2008, 28% higher than the same period in 2007, according to a report released yesterday by the Real Estate Board of New York.</p>

<p>Average Manhattan home prices increased 41% from 2007 to $1.6 million, while prices in Brooklyn climbed 3%. The average cost of a home in the Bronx fell by 1% and dropped by 5% in Queens and Staten Island. The number of home sales...</p>]]></description>
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