Tag Archives: Jonathan Miller

We pay higher taxes, are being compared to houses in undesirable locations and the location cannot be valued?

Q: we recently had our 2-family in north jersey appraised for refinancing. the only other 2-fam in the area are 2-3 miles away and not in desirable locations. we live across(50 ft) from a historic park and pond that can never be developed and pay higher taxes because of that . the appraiser said there is no avail calculation for appraisers to consider this type of issue. this cannot be right. we pay higher taxes, are being compared to houses in undesirable locations and the location cannot be valued in what do you think please advise thank you? Read More.

What’s the average charge per square foot for co-op maintenance for a studio and one-bedroom in the West Village?

Q: What’s the average charge per square foot for co-op maintenance for a studio and one-bedroom in the West Village (Manhattan)? Read More.

My company is considering moving its activities to New York City. Is there a PPSF index for Soho?

Q: My company is considering moving its activities to New York City. Soho appears to be the best location—can you possibly provide a square foot/price index for that specific district in NYC? Thank you for your help. Read More.

Is there a cheaper type of appraisal that sellers can use as a guide when pricing their homes?

Q: Dottie talks about appraisals on her radio show, but she never mentions summary or restricted use appraisals, which are supposedly cheaper than regular appraisals and can be used as a guide for sellers when pricing their homes. Is this true?  Read More.

If I close an old credit card that I never use, will it hurt my credit?

Q: I am thinking of closing an old credit card that I never use will this hurt my credit? I am planning on buying a property and don’t want my score to drop.  Read More.

My co-op is raising the monthly maintenance fees, which are already high. What are the consequences?

Q: My co-op in Westchester County is raising again the monthly maintenance fee. As a holder of one of the biggest apartments in the co-op, my quota is going very soon to be equal to my monthly mortgage. What are the consequences of this? Read More.

How much of an advantage does paying all cash play in purchasing an apartment?

Q: How much of an advantage does paying all cash play in purchasing an apartment? Read More.

Does your average price per square foot refer to gross feet, and do you have maintenance/sf data?

Q: Does your “average price per square foot” refer to gross feet, which sometimes includes a percentage of public spaces, such as elevator shafts, or “carpetable” feet? Do you have data on maintenance and real estate taxes per square feet? If not, can you get it? Read More.

I inherited a Bridgehampton property and sold it. How do I find out what the 2003 assessed value was?

Q: I inherited a property at 59 Sunshine Ave., Bridgehampton, NY. and have since sold it. I would like to know if you could help me find out what the assessed value of that property would have been in the year 2003. Or would you be able to tell me how to find out that information? Thank you for your help. Read More.

Have there been sales in the luxury market on the North Shore of Nassau County in the $2 million plus price range?

Q: I’m interested to know of any recent sales in the luxury market on the North Shore of Nassau County in the $2 million plus price range. Read More.