Mar
16

The Inexact Science of Square Footage

By

– The Real Deal

During the boom, New Yorkers increasingly relied on price-per-square-foot as a way to compare rapidly rising apartment values.

The metric is even more popular in the downturn, as discount-crazed buyers look for good deals.

But price-per-square-foot isn’t as reliable a measure as they think. Unbeknownst to many shoppers, it’s extremely difficult to determine the true square footage of a Manhattan property, experts say.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.inman.com/news/2010/03/5/the-inexact-science-square-footage

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