The New Math: Michael Lehrman on his plan to introduce derivatives into New York City’s otherwise staid rental market.

Michael Lehrman thinks the commercial real estate services business is completely staid, calcified, old-fashioned.

He doesn’t use those words specifically. He’s a little more eloquent. He’s a Wall Street man now, and to him it’s practically laughable when major real estate services firms claim to be cutting edge when the heart of their analytical capacity is still rooted in the decades-old practice of collecting troves of market data and organizing them into endless charts in order to divine tomorrow’s market conditions.
Read More

The New Math: Michael Lehrman on his  plan to introduce derivatives into New York City’s otherwise staid rental market.