Word: manhattanization
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...said that Manhattan is nearly alone in its real estate crisis due to its specific housing policies...
Costs of building new apartment buildings in Manhattan fall somewhere between $150 and $200 per square foot, according to the report, while the median sales price for condominiums was $606 per square foot last year. The report attributes the difference between cost and price to the bureaucratic costs stemming from New York City building regulations...
...guts of the report is that current housing prices in Manhattan are three times more than the cost of providing it,” said Glaeser...
...Manhattan Institute, a public policy organization that favors free market solutions to social problems, published the report, which Glaeser co-authored with Joseph Gyourko, a professor of finance and real estate at the University of Pennsylvania...
Glaeser rejected criticism of the study that suggested the study only dealt with selected facets of the housing market in Manhattan, while not taking into account certain aspects like demographics...