Jonathan Miller, a well-known author of residential real estate market reports, will be partnering with The Real Deal, according to a May 8 announcement. Miller’s Housing Notes column will now appear on The Real Deal’s website several times each week. In addition, his quarterly report for New York City, previously published through Douglas Elliman for over thirty years, will now be called “The Real Deal report, prepared by Jonathan Miller.” His data company Streetmatrix will also provide statistics to TRD Data subscribers.
This partnership is notable because Miller’s analysis and reporting have long been considered authoritative in the field of residential real estate. By moving his work to The Real Deal and offering hyperlocal data through Streetmatrix, readers and industry professionals are expected to gain broader access to timely information about the New York City housing market.
In one of his recent columns featured on the site, Miller discusses reactions to New York City’s proposed pied-à-terre tax. He describes how criticism began after Mayor Mamdani referenced Ken Griffin’s $238 million purchase at 220 Central Park South in a social media video. According to Miller’s commentary, much of the backlash from both Griffin and the real estate industry was more about being singled out than about the tax itself.
Miller notes that despite concerns raised by wealthy buyers and developers—including threats by Griffin to withdraw from major projects—the city’s economic fundamentals remain strong. He points out that luxury property owners often benefit from lower effective property tax rates compared to renters due to assessment practices and legacy abatements. Citing other experts like Richard Florida, he suggests that targeted taxes such as those on high-value second homes are unlikely to drive away significant numbers of billionaires or disrupt New York’s talent pool.
Miller concludes that while public sentiment may be shifting away from billionaire worship after years of focus on their successes, these individuals still play an important role as taxpayers in supporting city services.
