Month: May 2007

price drop at Ruggles House, getting to the point of pain?

  I touched on 112 E 19 St #3F in my May 4 open house review [3 Sunday loft open houses $2.3 – $2.5 (each with history)], when it was offered for $2.35mm, a $200k premium over the January clearing

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3,600 sq ft of

  Chelsea loft at $920/ft lasts 3 months Couple of puzzles about the 2d floor at 129 West 22 St, which went into contract this week off an asking price of $2.995mm ($3,000/mo maintenance): (1) how is a full-floor loft

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patience pays? 429 Greenwich births a contract

  8 months later, #4B is in contract without a price change #4B at 429 Greenwich St was the apple of its owner’s eye when it was first offered for sale in September at $3.1mm ($2,780/mo) and now – nearly

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advantages to the much-maligned coop ownership, vs. condos

  getting rid of a bad neighbor is much easier in a coop Another interesting bit in Sunday’s NY Times Real Estate Q + As section deals with one way in which coop boards have much more power than condo

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identity theft, anyone? / what really happens to confidential purchase applications?

  why are 6 copies of my tax returns in the trash at my new building? One of yesterday’s Real Estate Q + As In the NY Times (How Confidential Are Applications?) deals with one of those dirty little secrets

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  #3N at 10 Leonard St just went into contract this week after six months on the market, off an asking price of $1.199mm (and a relatively high maintenance for a non-doorman loft of $1,157/mo for a 1,000 sq ft

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is 4,600 sq ft enough? 2 chances at 17 W 17 St

  raw loft space at $700/ft I blogged about the 3rd fl unit at 17W 17 St when I saw three West 17th Street lofts within a short time in December (selling West 17th St / 3 very different lofts

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Tribeca at $1,000/ft (or less)

  Transportation options don’t get much better than at 261 Broadway (opposite City Hall), with every Manhattan subway that gets that far downtown passing with a couple of blocks. Unit #5E (the first listing at http://www.nyctribeca.com/) is newly for sale

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NYT on Condo Rules

  hysteria sells old grey newspapers? The NY Times piece yesterday about a trend in which some Manhattan condominium boards behave like coop boards (Condo Boards Tighten the Rules) is an unfortunate load of fluff on its most essential point.

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what would Cass Gilbert think / 130 W 30 St challenges

  great building! the block … not so much There are few great loft buildings in Manhattan that separate the Prefer-Loft people from the Love-Lofts people the way The Cass Gilbert does, at 130 West 30th Street. Indeed, this building

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