Fox Business Asks Jonathan Miller, Are There Too Many Luxury Apartments in Manhattan?


Warning: Illegal string offset 'before_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 769

Warning: Illegal string offset 'after_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 771

Warning: Illegal string offset 'before_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 773

Warning: Illegal string offset 'after_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 775

Warning: Illegal string offset 'before_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 769

Warning: Illegal string offset 'after_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 771

Warning: Illegal string offset 'before_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 773

Warning: Illegal string offset 'after_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 775

Warning: Illegal string offset 'before_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 769

Warning: Illegal string offset 'after_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 771

Warning: Illegal string offset 'before_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 773

Warning: Illegal string offset 'after_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 775

Warning: Illegal string offset 'before_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 769

Warning: Illegal string offset 'after_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 771

Warning: Illegal string offset 'before_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 773

Warning: Illegal string offset 'after_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 775

Warning: Illegal string offset 'before_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 769

Warning: Illegal string offset 'after_widget' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 771

Warning: Illegal string offset 'before_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 773

Warning: Illegal string offset 'after_title' in /nfs/c07/h02/mnt/98311/domains/thesargentreport.com/html/wp-content/plugins/mycustomwidget/my_custom_widget_functions.php on line 775

Last month, Fox Business’ Deirdre Bolton interviewed Manhattan’s #1 go to person for clear and unfiltered real estate data, Jonathan Miller, President and CEO of Miller Samuel, Inc. a top appraisal and consulting firm. The questions on everyone’s lips today: Are developers building too many luxury homes and super-luxury condominiums in New York? Is there enough demand to meet the supply, and why have we not seen any significant new construction that serves the $3,000,000 or under market in Manhattan for years?

Jonathan does a fantastic job of answering these questions in this video. For a high net worth client considering a new development I recently completed a study of same unit re-sales in some of Manhattan’s top buildings built since 2006. Which buildings saw huge equity growth and which saw little, surprised me. I will share more on that in a future post.

Leave Your Response

* Name, Email, Comment are Required

 

Buying, Selling, Renting

Market Update

New York Luxury Real Estate: Why Manhattan’s $10M+ Market Offers Huge Buyer Opportunity

Posted on February 1, 2019

Other Market Updates

Archives

Follow Me on Instagram

Follow Me on Twitter

Follow Me on Facebook