Tag Archives: Manhattan

Rates of Return on Office Buildings in Manhattan vs Other CBDs

By James R. MacCrate, MAI, CRE, ASA  Introduction No one can deny that Manhattan is an interesting city that attracts real estate investors from all over the world. Properties in Manhattan command higher prices per square foot and lower capitalization … Continue reading

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New York City Real Estate Taxes & Forecasting Cash Flow

By James R. MacCrate, MAI, CRE, ASA  Introduction  The local real property tax burden in New York City has been increasing constantly and represents a large percentage of the operating expenses associated with apartment buildings, office properties and other commercial … Continue reading

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Manhattan Property Values and Capitalization Rates

By James R. MacCrate, MAI, CRE, ASA Overview In a previous post in 2008, What Has Happened to Manhattan Property Values?, the factors that would affect real property values in New York City were discussed. It was pointed out that … Continue reading

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Housing in the New York Metropolitan Area

Housing in the New York Metropolitan Area – February 28, 2009 By James R. MacCrate, MAI, CRE, ASA and Terry V. Grissom, PhD The turmoil in the housing markets has been a prolific topic for the media, professional journals, and … Continue reading

Posted in Real Estate Market Analysis, Residential Properties, Residential Valuation | Tagged , , , , , | 2 Comments

What Has Happened To Manhattan Property Values?

What Has Happened To Manhattan Property Values?   By James R. MacCrate, MAI, CRE, ASA Real estate appraisers have to be wondering what property values are doing in Manhattan and elsewhere.  Clearly, the real estate market is being hit by … Continue reading

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