One frequently recurring question?how to price private outdoor space?gets an answer in a Post story today: "When pricing outdoor space, brokers have traditionally valued it at half the worth per square foot of the interior space. It should be noted that this only goes for spaces that approach half the interior square footage of the apartment, explains Kinnaird Fox, director of townhouse sales at Wohlfarth & Associates. Anything smaller doesn't really affect pricing." [NYP]
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