Just how important is outdoor space in the city? The New York Times attempts to decipher how real estate brokers put a price on the luxury of outdoor space — is it a patio? terrace? balcony? Is it shared space or private? Is there abundant natural light or is it an urban cave?

Whether you pay a premium for outdoor space or not, there are a few clues to what to expect when shopping for real esate with outdoor space in New York City. Check it out: The New York Times | Geranium Friendly

Image: Joshua Bright for The New York Times