Sunday, August 9, 2009

What Happened to NYT's "Residential Sales Around the Region"?


We have twice poked fun of the New York Times for the strange inaccuracies in some of the "sales" that are listed in the "Residential Sales Around the Region" column of the weekly "Real Estate" section. This section profiles (by region) sales in various price ranges. We have never quite been able to figure out what the New York Times means by "sale" since sometimes these sales are verifiable in ACRIS and other times, just seem to be pulled out of a broker's press release thin air. For example, we still haven't seen a city filing for the supposed sales at 60 Beach Street and 101 Warren that we previously wrote about.

So, even though we thought the section was sometimes blatantly inaccurate (such as the reported $745,000 sale of a 20 Pine 2 bedroom, 2 bath isn't there like, an intern that could have checked that out? that was actually a small 1 bedroom), we kind of liked the section and are surprised that it seems to be gone from the New York Times. In the era of ACRIS and Streeteasy, you might argue that publishing residential sales isn't really necessary anymore, however we tend to agree with this poster on Streeteasy who notes, "I'll miss seeing the sales I'd never otherwise see...[like in] Rockland County." (touche, touche)

New York Times, 'sup? Are you guys done with this section for good?

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