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Thursday
Mar262009

« Applying Economics Education to Understand Real Estate - Brett Goldman »

Development Themes:

In Chapter 6 of 9, real estate developer Brett Goldman applies a macro-economic understanding to frame New York City over-development, in particular within Williamsburg, Brooklyn. Specifically, acquisitions-minded Goldman sees market weakness due to a property supply influx after a 2004 rezoning that enhances market risk while depressing prices in a down market.

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