nice try, but enough?There’s a loft newly offered for sale in a Manhattan Loft Guy fave building (value!) that — I think — is taking the right approach to The Market. The 2009 seller was a 2007 buyer, and is…
Month: April 2009
break away to win the neighborly competition / so many lofts, so many dollars … but no sales (yet)
but will ANY win? I have been having an off-line dialogue since March with Reader SW about a particular high-end Manhattan loft building with multiple units for sale, which prompts a(nother) rumination about neighborly competition. (I have linked to…
a tale of 2 Sohos, or 2 tales of Soho at $900/ft?
one tale: prime Soho bring-your-architect sells quickly at full ask — PDQ, consideringThe Manhattan loft #5E at 362 West Broadway was marketed as a true project for real loft lovers ("original loft space"; "bring your architect"; "create your dream home")…
Manhattan loft inventory as of April 12 = 989
Number of Manhattan lofts offered for sale as of Sunday night continues to reflect a bulging inventory, though — once again — down ever so slightly: price range # of lofts $500k to $999k 149 $1mm to $1.99mm 362…
Tagged with: Inventory
10 Bleecker remarkable space holds value remarkably well
as B goes, so goes AYou might look at the successful 9 day marketing campaign (NINE DAYS!) a year ago of the Manhattan loft #7B at 10 Bleecker Street as a marvel of timing, in the sense of how marvelous…
new Manhattan loft listings + closed sales in last 7 days
This is the seventy-sixth 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:…
Tagged with: None
the problem of price discovery (hint: you have to pay attention)
if a tree falls in the forest …I’ve been mulling a long-ish post on price discovery for quite a while (not writing it, obviously; just mulling). Pulling together some interesting riffs by other bloggers and news articles and market activity…
some sellers are not adapting
2009 does not equal 2007 + renovation + $$$, does it?I was refreshed yesterday to find a Manhattan loft offered at 80% of its 2007 price (some sellers are adapting). Let’s swing the emotional dial the other way for today’s…
Tagged with: None
some sellers are adapting
2009 as 80% of 2007?It was somewhat refreshing to come across a Manhattan loft recently new to market that is priced with The (new) Market in mind. The seller knows exactly what life near the top of The (old) Market…
was the Manhattan coop loft market dead in 1Q09? Miller nugget provokes arithmetic angst
once more into the breachThis may be my last nugget from the Manhattan real estate market reports from the first quarter of 2009. Honors go to Miller Samuel: The market share of new development sales jumped to 74.2% of all…
Top
Follow Us!