Jacob Frydman has become one of the nation’s top analysts of real estate trends in both the New York City and throughout the country. The property expert has recently offered his deeply knowledgeable response to CityRealty’s projection that condominium sales at new developments in Manhattan will exceed $10 billion by 2018. Recognized as a thought-leader in his field, Frydman has been a guest lecturer on real estate finance at Columbia University and in the Master’s Lecturer series sponsored by New York Law School, and has been interviewed numerous times on Bloomberg TV, Fox Business News, CNBC and other television networks.
Few if any are better positioned than Jacob Frydman to analyze expectations in the real estate market. An expert in various segments of the industry — including industrial properties, hotels, and retail space as well as residential units — he addressed the value of condominiums during his guest appearance on Fox Business News on Nov. 4, 2014. “Things you live in might not be an investment,” Frydman said. “But if you’re thinking about it as an investment, condos fell less as a percentage than houses from the top of the market to the trough in 2009, and have recovered faster from the trough of the market in 2009 to today, by between 6 and 10 percent in major cities. …it might surprise most Americans, but buying a condo actually was a better investment play than buying a house.”
Jacob Frydman – CEO & Chairman – United Realty Advisors, LP – LinkedIn: https://www.linkedin.com/in/jacobfrydman
Jacob Frydman – Huffington Post: http://www.huffingtonpost.com/author/jacob-frydman