Month: December 2008

had been very pushy, how pushy now in Soho?

There’s a beautiful classic old Manhattan loft that was definitely pushing it when it came to market in the summer at around $1,250/ft. I confidently say definitely because it has not sold yet, despite dropping around $300/ft off the price.

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more unintended consequences in petri dish of Tribeca neighbors

can you stir the pot in a petri dish?I hit a Tribeca building with 3 active Manhattan loft sale listings on December 8 (selling the neighbor’s loft / unintended consequences in a Tribeca petri dish?), another in my occasional neighborly

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keeping it real in Chelsea (or not) as 'too pushy …?' thread pushes on

buying like it is 2005There is a new listing last week in one of my favorite Chelsea condos that tracks with my December 4 Goldilocks post (Goldilocks in the too pushy ..? thread in greater midtown). One of the smaller

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the deed is done at 135 Watts, finally / following a falling market

little corner of Tribeca as microcosmI have found the single Manhattan loft that (so far) best illustrates the change in The Market over the last year — with a gloss of unique-lofts-are-hard-to-value. The cold perspective of time is quite the

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to the West Village to push, or not

  listing history can mislead When I looked at the listing history of a (rare) West Village loft new to the Manhattan loft market this week, I thought they were likely to be pushing it at around $1,350/ft, considering it

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Manhattan loft inventory as of December 7 = 845

Number of Manhattan lofts offered for sale as of Sunday night:  price range # of lofts $500k to $999k 125 $1mm to $1.99mm 301 $2mm to $2.99mm 202 $3mm to $3.99mm 84 $4mm to $4.99mm 49 $5mm to $10mm 84

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176 Broadway has a closing 40% off the original price

long and hard slog endsThe Manhattan loft Penthouse E at 176 Broadway took ten months but it did close; it also took three price drops from $1.425mm down to $945k, to finally get it done at $850k. Happy New Year

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pushing the East Village thread / hidden mints?

they had candy + punctuation, do we? If you had an East Village loft to sell (and if you really wanted to sell), and if a raving "triple mint!!!" Manhattan loft had sold in the building in the last few

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new Manhattan loft listings + closed sales in last 7 days

 This is my fifty-eighth 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 25 Manhattan

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more pushing in Chelsea / appreciate much?

seeking The Magic Number or needing to sell??There’s a new Manhattan loft listing in a Chelsea new development that closed within the last two years. This one closed at about $1,100/ft when brand spanking new. They think The Market loves

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