a distraction?You’d think that a stem-to-stern high quality renovation of a Manhattan loft would both (a) cost and (b) be worth at least $250/ft, wouldn’t you? There is a loft in prime Tribeca that was gutted after being purchased in…
Month: July 2009
attack of the Killer Comp (when 2005 pricing does not help)
tough to price, if even 2005 is too highThere’s a pretty big Manhattan loft in a Chelsea corner that has been patient at an asking price around $1,100/ft for 3 months, which is just slightly less than the loft sold…
didn't build it, but they came to 21 Bond Street at $692/ft
seek and ye shall findYesterday’s post, if you don’t build it will they come? buy + build opportunity, posited that $830/ft was not likely to get a deal done for a Manhattan loft that needed a build-out because other ‘finished’…
if you don't build it will they come? buy + build opportunity
how does $830/ft sound if you have to build?There’s a Manhattan loft (fairly) newly for sale that caught my eye as a potential test of one of the limits that is more limiting in the current market than in prior…
big loft, big roof / 43 East 19 Street penthouse closes under $4mm for (maybe) 4,100 sq ft + 2,050 sq ft terrace
condition is a question, size a smaller questionThe Manhattan loft #8 at 43 East 19 Street is a lot of loft: "4,100 gross SF per floor" plus a huge terrace (half the size of a full floor, at "2,050 sq…
whose renovation is it anyway? the resale question
CW vs. MLGI had an off-line dialog with a Manhattan Loft Guy reader about his renovation plans. His question was whether using privacy glass that can be shaded at the push of a button (as used in the Manhattan loft…
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29 East 22 Street closes but is the calendar off?
which year is which sale? Let’s try something new for Manhattan Loft Guy. I give you two sales of same-size lofts in the same building, with condensed descriptions and listing histories, and you guess which one is from 2009…
courage is rewarded / 161 West 15 Street sells in the sweet spot of a cold market
easy on, easy off (sometimes), through tough compsHow’s this for getting it right? The Manhattan loft #2A at 161 West 15 Street came to market on January 16 and found a contract in 32 days (it closed May 12…
down a million bucks, now pitching at a pre-2005 $625/ftaa
a little limbo action?There’s a rather large Manhattan loft for sale at a new price that is $1mm less than the original asking price. When it came to market last Summer (happy birthday wishes are now in order) a…
100 Reade Street sale is straight out of 2005 while wishing for 2008
which is when?This "1,550 sq ft" Manhattan loft sold for $1.545mm: "Stunning bright est. 1550sf … in one of TriBeCa’s most desired land marked addresses. Grand dining/living room with open kitchen flooded with southern light is perfect for entertaining while…
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