Month: January 2009

are they fooling only each other? / 3 neighbors push, 1 smiles

regressing (meanly)I have been following a funky-but-spectacular (in its way) Manhattan loft and — after noting the last price drop (and reading a little frustration between the lines of the marketing text) — I checked on two other units in

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Manhattan loft inventory as of January 4 = 812

  Number of Manhattan lofts offered for sale as of Sunday night:  price range # of lofts $500k to $999k 120 $1mm to $1.99mm 292 $2mm to $2.99mm 193 $3mm to $3.99mm 83 $4mm to $4.99mm 51 $5mm to $10mm

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drip, drip, drip in Tribeca / the sound of price dropping (bird NOT chirping?)

  was too pushy, for sure There was a time when some Manhattan lofts were sold as white boxes — minimal finishing to qualify for a Certificate of Occupancy, but no interior walls, probably only one bath, and (often) a

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new Manhattan loft listings + closed sales in last 7 days

 This is my sixty-second 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 10

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you price it high, you pay the price / 105 East 29 St #11 closes, finally

from September 2005 to nowManifestly, the sellers of the beautiful 11th floor loft at 105 East 29 Street (with "3,000 sq ft" that have room for 2 fireplaces, 4 exposures and 19 windows) mis-perceived the Manhattan loft market when they

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getting pushy but getting it / 90 Hudson exceeds $1,200/ft

  renovation bliss, perhaps The Manhattan loft #5B at 90 Hudson Street was certainly pushing the envelope when it came to market in September 2007 at $1.495mm (we know this because it did not sell). That ask was roughly $1,500/ft

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