The Real Deal New York

Playing the game of inches in measuring square footage

September 18, 2008 02:33PM
By C.J. Hughes

From the September issue: Considering the intangibles that can
factor into buying an apartment — the hipness of a neighborhood, the
beauty of a view, whether that roof deck will really become a gathering
place for sunset cocktails — getting a handle on how much space there
is may seem straightforward. Yet it isn’t. For condos, appraisers
generally use one method, brokers prefer others, and it can be
anybody’s guess how
developers stretch their measuring tapes (though the results are often,
er, generous.)

Comments are closed.