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Zillow CEO expects StreetEasy buy to fill its gap in NYC market

…This acquisition could be the beginning of bigger things, said Jonathan Miller, president and CEO of Manhattan-based appraisal and consulting firm Miller Samuel.

“Basically one of the things about national aggregators and [Multiple Listing Services] is they’ve been particularly weak in presenting data for what I call the vertical housing market,” Miller said. “I see this as a template, starting with the biggest vertical market in the country, and being able to apply this to other donwntowns with a heavy concentration of condos, co-ops and rentals.”…

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