podcast icon
EPISODE 42

NYC real estate by the numbers

Is it a good time to buy? How long will rental concessions last? What is the lasting impact of the pandemic on NYC real estate? These are some of the questions explored in this week’s episode. 
0:00
0:00
By Brick Underground  | December 1, 2020 - 11:30AM 

This episode of the Brick Underground Podcast is all about the numbers. Affordability has long been an issue in New York and at the beginning of the year we saw people leave the city—either to rent or buy in the suburbs or ride out the pandemic elsewhere. The past few months have seen rents with concessions fall low enough to pull people back to the city. Jonathan Miller, CEO and president of the appraisal firm Miller Samuel, calls this a "phenomenal reset" that could signal a renaissance of newcomers to the city. 

Miller joins host Emily Myers to look at what the numbers are telling us about buying, selling, and renting in NYC. He points out the market's recovery depends on a coronavirus vaccine—that's when stability will return and people will venture back into office buildings.

But what will be the lasting impact of remote working on the real estate market? Will 2021 be a booming recovery or simply slow the current decline? Is it a good time to buy? And how long will rental concessions last? These are some of the questions explored in this week’s episode. 

We'd love your feedback on this or any of our other episodes. We'd also love to answer your questions. Leave us a rating or review wherever you get your podcasts. Send us an email, sign up for our newsletter or follow us on social media @BrickU.

Read the transcript. 

 

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.
topics:

Subscribe to the podcast via the links above and please do leave us a rating or review. We'd love to hear your feedback on this or any of our other episodes. Send us AN EMAIL, sign up for our newsletter and follow us on SOCIAL MEDIA.

MORE FROM THE PODCAST ...
12.31.69

Racism and the lack of diversity in the appraisal business

In a conversation on the Brick Underground podcast with Jonathan Miller, president and CEO of appraisal firm Miller Samuel, he says racial bias in appraisals is probably as prevalent in NYC as it is in rest of the U.S. and blames the lack of diversity in the appraisal business. 
LISTEN
0:00
0:00
12.31.69

Making sense of the NYC real estate market with Jonathan Miller

In this episode of the podcast, appraiser Jonathan Miller, president and CEO of Miller Samuel, joins host Emily Myers to discuss what buyers, sellers, and renters in New York City can take away from the real estate data as we head into 2023. 
12.31.69

Predators in the NYC rental market, with Hannah Levintova from Mother Jones

Hannah Levintova, an investigative reporter with the national publication Mother Jones, talks to host Emily Myers about what she uncovered during her reporting on private equity landlords in NYC, the complicated structure of these entities, and how tenants can fight back.