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$48 million fixer-upper hits upper East Side market, needs $10 million more for luxury makeover

…But Jonathan Miller, the city’s top appraiser, thought a $48 million price tag was not out of the question….

…Miller noted that the average townhouse is 18 feet wide, with about 4,000 square feet. “The wider you get, the bigger the price,” he said….

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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