Tag Archives: New York City

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

Posted in Capitalization Rates, Discount Rates, Office Buildings | Tagged , , , , | 1 Comment

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

Posted in Appraisal Process, Real Estate Investments, Real Property Tax Assessments | Tagged , ,

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

Posted in Capitalization Rates, Real Estate Investments, Real Estate Valuation Methodology | Tagged , , , , | 2 Comments

Uniform Appraisal Standards for Federal Land Acquisitions – Highest & Best Use

By James R. MacCrate, MAI, CRE, ASA Overview In 2000, The Interagency Land Acquisition Conference developed, promulgated, and adopted the Uniform Appraisal Standards for Federal Land Acquisitions which is an excellent guide for real estate appraisers and government agencies to … Continue reading

Posted in Business Valuation Issues, Ethics, Highest & Best Use, Uniform Standards of Professional Appraisal Practice | Tagged , , , , , , | 3 Comments

When Will Real Estate Prices Stabilize in the New York Metropolitan Area?

By James R. MacCrate, MAI, CRE, ASA  Many so called real estate experts have been predicting the bottom to the real estate market will occur in late 2009 or early 2010.  No one can predict with any degree of accuracy … Continue reading

Posted in Real Estate Market Analysis | Tagged , , , | 4 Comments

Follow Up -What Has Happened to Land Values in New York Metropolitan Area?

Follow Up -What Has Happened to Land Values in New York Metropolitan Area?   By James R. MacCrate, MAI, CRE, ASA – MacCrate Associates LLC   In the last post, it was discussed that real estate appraisers have been taught … Continue reading

Posted in Land Valuation, Real Estate Investments, Real Estate Valuation Methodology, Residential Valuation | Tagged , , , , , , , , , , , , , ,

What Has Happened to Land Values in New York Metropolitan Area?

What Has Happened to Land Values in New York Metropolitan Area?   By James R. MacCrate, MAI, CRE, ASA – MacCrate Associates LLC     The Financial Accounting Standards Board has found it very difficult and a time consuming task … Continue reading

Posted in Land Valuation, Real Estate Valuation Methodology | Tagged , , , , , , , , , , , | 6 Comments