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[Essential Reference] State of New York City’s Housing and Neighborhoods 2008

It’s that time of year again – The Furman Center For Real Estate and Urban Policy [1] just released their seminal annual report. It’s chock full of an amazing level of analysis on all 5 boroughs and an essential download.

Here’s the executive summary [2] and the full report [3].

Regarding property appreciation over four decades:

A couple of interesting points made:

In Memoriam: New York just lost an essential New York media icon with the passing of Braden Keil [4]of the New York Post to cancer. Combining celebrity and real estate, he always seemed to get the scoop. After starting off a bit shaky, I grew to appreciate my interaction with Braden and will miss him – he characterized his situation to me in early January: Life is indeed serving me up a lot of lemons.

I speak now from an especially close perspective to cancer but with a better outcome:
Cancer – for lack of a better word – sucks.