[Commercial Grade] New York City Income Property Market Report Second Half 2008 Is Available For Download

The Massey Knakal Income Property Report that I prepare on behalf of the brokerage firm was just released for the second half of 2008. The report is the only one of its kind that tracks cap rates, income multipliers, price per square foot and number of sales for the New York City multi-family market. As this report included only those sales (above $500,000) that closed from July 1 through December 31, it includes sales closed before and after the market turn in mid-September, when Lehman collapsed and the credit markets seized…

[Commercial Grade] The New York City Income Property Market Report - First Half 2008 - is available for download

Commercial Grade is a post by John Cicero, MAI who provides commentary on issues affecting real estate appraisers, with specific focus on commercial valuation. John is a partner of mine in our commercial real estate valuation concern Miller Cicero, LLC and he is, depending on what day of the week it is, one of [...]

[Straight From MacCrate] What Has Happened To Manhattan Apartment Property Values?

Jim MacCrate, MAI, CRE, ASA has his own firm, MacCrate Associates, but has worn many hats as a Director at PricewaterhouseCoopers in New York City and Chief Appraiser at European American Bank. He is a prolific writer on valuation issues and teaches a number of the real estate appraisal classes through the Appraisal Institute and [...]

[Commercial Grade] Time To Break Out The Ouija Board

Commercial Grade is a post by John Cicero, MAI who provides commentary on issues affecting real estate appraisers, with specific focus on commercial valuation. John is a partner of mine in our commercial real estate valuation concern Miller Cicero, LLC and he is, depending on what day of the week it is, one of [...]

[Commercial Grade] Massey Knakal NYC Income Property Market Report prepared by Miller Cicero released

Commercial Grade is a post by John Cicero, MAI who provides commentary on issues affecting real estate appraisers, with specific focus on commercial valuation. John is a partner of mine in our commercial real estate valuation concern Miller Cicero, LLC and he is, depending on what day of the week it is, one of [...]

New York City Income Property Market Report Released

The Massey Knakal New York City Income Property Market Report [pdf] was just released for the second half of 2006. This report, which we prepare on behalf of the brokerage firm Massey Knakal, examines cap rates, gross income multipliers, median price per square foot and number of sales for multi-family and mixed-use buildings in [...]

[Sounding Bored] The RAC Report 4Q 2006

Sounding Bored is my semi-regular column on the state of the appraisal profession. This week I present RAC’s newest report.

I have been a member of Relocation Appraisals & Consultants (RAC) for about ten years. Its considered the cream of the relocation appraisal industry crop and their focus is to bring professionalism to relocation assignments [...]

[Commercial Grade] Massey Knakal Income Property Market Report, prepared by Miller Cicero, LLC, released

Commercial Grade is a post by John Cicero, MAI who provides commentary on issues affecting real estate appraisers, with specific focus on commercial valuation. John just created and completed a new study analyzing the income property investment market in New York City in a way thats never been done before. Its a very [...]

[In The Media] Squawk Box 5-2-06

I’ll be on Tuesday’s morning edition of Squawk Box on CNBC. I’m tentatively scheduled to be on at 7:40am (May 2, 2006).

I’ll be discussing the current state of the residential real estate market, east coast real estate trends, specifically New York. I believe they are doing a daily segment with representatives from different [...]

Back on Friday!

Sorry for being largely absent this week. I released our 3rd quarter market report and its been a frenzy of coverage, to say the least. [Miller Samuel] The report will be available for download in a few days. I’ll also provide an interpretation of the results - a lot of slinging and [...]