Month: December 2008

looking for walk-aways by testing the hypothesis that buyers can't close / the lab at The Caledonia, 450 West 17 Street

yes, still beating on The Real Deal Can you tell yet that I am still frustrated about The Real Deal article that linked two related-but-vastly-different premises? Here’s (still) more….   Without having access to actual sales directors of actual new

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quick work at 139 Reade Street / 11 weeks from list to artistic close

  taking advantage of the Fall market How’s this for a quick sale? The Manhattan loft #3B at 139 Reade Street came to market on September 28 at $2.875mm and found a contract within six weeks, then closed in another 4

Posted in loft neighborhoods tribeca Tagged with: , , , , ,

Manhattan lofts for sale = 822

Number of Manhattan lofts offered for sale as of Sunday night:  price range # of lofts $500k to $999k 123 $1mm to $1.99mm 293 $2mm to $2.99mm 196 $3mm to $3.99mm 84 $4mm to $4.99mm 53 $5mm to $10mm 73

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facts v. hype / testing the thesis of “little or no sales activity”

still beating on The Real Deal I unloaded a bit recently on The Real Deal article that linked two related-but-vastly-different premises. Here’s more….   The teaser early line from that Michael Stoler piece was: While many brokers and developers are

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new Manhattan loft listings + closed sales in last 7 days

 This is my sixty-first report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days.The stats as of Sunday night: there were only 8

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disconnect: dumbest article ever? (not saying market is not tough, but …)

not THE dumbest EVER, but …Curbed linked this week to a Real Deal article by a smart Manhattan real estate guy (really) that does not make much sense. I am thinking it has got to be the editing, rather than

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bringing (a lot of) cash to closing / news from the top of the market at “Madison Square North”

waiting to close, not for contractI realized when I did my post of 30 days of actual loft sales on December 18 that 15 East 26 Street (15 Madison Square North) was a very successful new Manhattan loft development, with

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NY Times highlight 142 Duane St sale, mis-counts weeks, omits land lease info

  garbage in, garbage out? The problem with relying on the NY Times sometimes for accurate information about Manhattan loft sales is that the Times has to rely on (shudder) real estate agents to supply "facts". That can lead to

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , ,

Manhattan loft inventory as of December 21 = 840

Number of Manhattan lofts offered for sale as of Sunday night:  price range # of lofts $500k to $999k 126 $1mm to $1.99mm 301 $2mm to $2.99mm 198 $3mm to $3.99mm 85 $4mm to $4.99mm 53 $5mm to $10mm 77

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new Manhattan loft listings + closed sales in last 7 days

 This is my sixtieth report on the number, price distribution and neighborhood distribution for Manhattan lofts reported as new to the market or as closed sales in the last 7 days.The stats as of Sunday night: there were 17 Manhattan

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