a possible jewel, squeaking through the Junk folderOn a typical day, i get anywhere from 100 to 250 e-flyers from real estate firms touting a new listing, a price reduction, an open house, "spectacular views", or simply an AMAZING deal…
Month: December 2008
FSBO loft in unusual location offers artist provenance + park views
Tagged with: 107 Street, Amenities, Artist, Central Park, Comps, East Harlem, Fifth, Fsbo, Liebovitz, Sale By Owner
VERY pushy way to (try to) flip a big loft
must be some renovationThere’s a small Manhattan loft condo conversion from last year in which the large full-floor lofts went for about $750/ft (it is not in a traditional loft [fashionable] neighborhood). They had classic loft features and finishes that…
pushing on in Flatiron, but not as hard
a reader writesIn this continuing series asking the (musical?) question is that Manhattan loft too pushy on price, or not pushy enough?, I hit a candidate a while back that one MLG reader identified easily (my efforts to assure listing…
quote of the day / avoid PR war with a PO'd writer
is this a fair fight?Today’s NY Post provides a quote that almost put coffee on my screen. Nothing to do with real estate (that would be Glengarry Glen Ross), but the story about Jeremy Piven’s ‘health’ issues keeping him off…
hard data are hard to find … here's some on 30 days of actual loft sales
first of a series? maybeA week ago I set up a spreadsheet on Google Docs as a way to retain and order data that I look at periodically — namely, recent actual sales of Manhattan lofts. Since then I have…
was the 708 Greenwich seller a yogi? the buyer was inflexible
2004 + 17% = 2008, with an asterisk, not a bullet When I first looked at the listing history for the Manhattan loft #4F at 708 Greenwich Street (a rare West Village loft), I wondered if they had picked the…
new Manhattan loft listings + closed sales in last 7 days
This is my fifty-ninth 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 23 Manhattan…
my job does not include magic tricks / pondering pricing puzzles
sometimes "impossible" means just that I stumbled across a NY Magazine piece today that compared Manhattan coop listing prices in 2007 to Manhattan coop listing prices in 2008 to assess how optimistic sellers are now. There’s a table, but…
Manhattan loft inventory as of December 14 = 855
Number of Manhattan lofts offered for sale as of Sunday night: price range # of lofts $500k to $999k 128 $1mm to $1.99mm 305 $2mm to $2.99mm 206 $3mm to $3.99mm 85 $4mm to $4.99mm 50 $5mm to $10mm 81…
Tagged with: Inventory
tracking the market / the lab at 114 West 27 Street heads south
closing price starts with an ouch The Manhattan loft #8N at 114 West 27 Street has changed hands three times in the last 50 months, first at $1.225mm in September 2004, then at $1.57mm in April 2007, and most…
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