Month: April 2009

497 Greenwich Street sale was off a low ball?

  Page Six thinks so The Manhattan loft #7A at 497 Greenwich Street closed on April 16, just less than a month after going to contract. Not many Manhattan residential real estate agents make Page Six (I hope), but that

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Manhattan loft inventory as of April 26 = 995

  Number of Manhattan residential lofts offered for sale as of Sunday night continues to reflect a bulging inventory, though (again) essentially flat this week:   price range # of lofts $500k to $999k 153 $1mm to $1.99mm 370 $2mm to

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new Manhattan loft listings + closed sales in last 7 days

 This is the seventy-eighth Manhattan Loft Guy 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

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price of 'museum quality' in Noho = $1,000/ft / 644 Broadway closes quickly

no dithering hereIn the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum

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how to be happy selling for $1mm+ off at 43 West 64 Street

don’t cry for me ArgentinaYou’d be tempted to assume that a Manhattan loft seller with this listing history would not be happy:to market April 28, 2008 at $3.85mmprice drop June 23 to $3.595mmprice drop October 17 to $2.95mmprice drop November

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flipping over a kitchen?

  from top to …. now (counter-intuitive) Can we agree that the peak of The Market was 1Q08? (Maybe not for very single property, I know, but let’s speak generally about that.) Then how to explain this Manhattan loft, newly

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March nugget / PruDE's signed contracts up for month

  limited data set, but something Long-time blogger / honest agent Doug Heddings has an interesting slice of current Manhattan coop and condominium market data from PruDE’s signed contracts files for weeks ending from March 6 through April 3. Go

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Manhattan loft inventory as of April 19 = 990

  Number of Manhattan residential lofts offered for sale as of Sunday night continues to reflect a bulging inventory, though essentially flat this week:   price range # of lofts $500k to $999k 151 $1mm to $1.99mm 365 $2mm to $2.99mm

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Then vs. Now / Then wins, I think, even if this one is better

headwinds are strongI worked with someone last year who was sufficiently interested in a particular loft in a prime Manhattan loft area that we saw it three times. That one was an interesting mix (to be charitable) of primitive elements

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new Manhattan loft listings + closed sales in last 7 days

  This is the seventy-seventh Manhattan Loft Guy 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:

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