Prudential Douglas Elliman; Miller Samuel Inc.
2nd Quarter 2008 Manhattan Residential Market Report Sets Million Dollar Record Despite Falling Sales
Published in Law and Health Weekly, July 19th, 2008
"The turmoil of the credit markets has reduced buyer purchasing power, served to reduce employment in the financial services sector and is generally believed to result in reduced individual compensation next year," said Jonathan Miller, President/CEO of Miller Samuel, the firm that prepared the report. "Nevertheless, the number of sales to date in 2008 is at a higher level, and inventory is at a lower level, than seen in the...
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