New York State authorities reported real property transactions exceeding $15,000 in estimated fair market value. The dataset covers eight fiscal years, ending in the most recently completed calendar year. It is compiled by the Authorities Budget Office from mandatory annual reports submitted under Public Authorities Law Section 2800.
Use Cases
- Analyze trends in `Purchase Sale Price` and `Lease Rate` by `Authority Name` and `Fiscal Year End Date`.
- Assess the prevalence of non-competitive bidding by filtering on `Transaction Competitively Bid` and `Reason for Not Competitively Bid`.
- Map transaction locations by joining on `Property City`, `Property State`, and `Property Postal Code`.
- Identify frequent counterparties by analyzing `Seller/Purchaser/Tenant Organization` and `Relation With Authority`.
- Compare `Estimated Fair Market Value` against final `Purchase Sale Price` to study valuation accuracy.
Strengths
- Covers eight consecutive fiscal years of transaction data.
- Includes detailed fields for property, counterparty, and transaction terms (e.g., `Lease Period`, `Market Rate`).
- Mandatory reporting for transactions over $15,000 provides a consistent threshold.
Limitations
- Unknown total row count prevents assessment of statistical significance.
- Limited to transactions above a $15,000 threshold, excluding smaller deals.
- Potential for reporting inconsistencies across different state authorities.
Provenance
- Source
- data.ny.gov, sourced from the New York State Authorities Budget Office.
- Collection Method
- Mandatory annual reports submitted by state authorities under Public Authorities Law.
- Time Range
- Eight fiscal years, ending in the most recently completed calendar year.
- Freshness
- Updated annually, with data through the most recently completed calendar year.
- Geography
- New York State, United States.