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[Three Cents Worth #245 NY] Manhattan Puts Best (Square) Foot Forward

Posted By Jonathan Miller On September 3, 2013 @ 5:22 pm In Blogging Off The Matrix,Curbed: 3 Cents Worth,Manhattan | Comments Disabled

It’s time to share my Three Cents Worth (3CW) on Curbed NY [1], at the intersection of neighborhood and real estate in the capital of the world [2]…and I’m here to take measurements.

Check out my 3CW column [3] on @CurbedNY:

After a long weekend and a suggestion from a friend, I thought I’d take a different look at how we got here by measuring the total square footage sold as a market metric. It reveals a somewhat different post-Lehman perspective than would be derived from price. The blue columns represent the total square footage closed during each period that were available immediately following the period. The pink horizontal lines represent average square footage sold per period and were described with a key market attribute during that period…


[click to expand chart]


My latest Three Cents Worth column on Curbed: Manhattan Puts Best (Square) Foot Forward [Curbed [3]]

Three Cents Worth Archive Curbed NY [5]
Three Cents Worth Archive Curbed DC [6]
Three Cents Worth Archive Curbed Miami [7]
Three Cents Worth Archive Curbed Hamptons [8]

Article printed from Miller Samuel Real Estate Appraisers & Consultants: http://www.millersamuel.com

URL to article: http://www.millersamuel.com/three-cents-worth-245-ny-manhattan-puts-best-square-foot-forward/

URLs in this post:

[1] Curbed NY: http://ny.curbed.com/

[2] capital of the world: http://www.nyc.gov/html/lmec/html/about/nycapital.shtml

[3] my 3CW column: http://ny.curbed.com/archives/2013/09/03/three_cents_worth_manhattan_puts_best_square_foot_forward.php

[4] Image: http://www.millersamuel.com/files/2013/09/3cwNY9-3-13.jpg

[5] Curbed NY: http://ny.curbed.com/tags/three-cents-worth

[6] Curbed DC: http://dc.curbed.com/tags/three-cents-worth

[7] Curbed Miami: http://miami.curbed.com/tags/three-cents-worth

[8] Curbed Hamptons: http://hamptons.curbed.com/tags/three-cents-worth

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