Year: 2009

Manhattan loft inventory as of March 8 = 949

  Number of Manhattan lofts offered for sale as of Sunday night continues to reflect a bulging inventory:   price range # of lofts $500k to $999k 141 $1mm to $1.99mm 339 $2mm to $2.99mm 231 $3mm to $3.99mm 99 $4mm

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new Manhattan loft listings + closed sales in last 7 days

  This is the seventy-first 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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how much pain at River Lofts? done deal (price to come) at 416 Washington Street

still can’t wait, but have to  (sigh)The Manhattan loft #4H at 416 Washington Street (River Lofts) closed last week, with the price to be announced when it hits the public data base. So this is the second post teasing about

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30 days of actual Manhattan loft sales, from February 11

  I captured 30 days of reported Manhattan "loft" sales from the inter-firm data-base on February 11, comprising a third set of 30-day-sales data. The limitations, cautions, gripes and hopes set forth in my initial collection (December 18: hard data

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2009 is 2007 (though with opposite trend lines), at least at 6 Varick

one of 8 million stories, but this one is flatThe 6 Varick Street #9B buyers in January 2007 did not stay very long before deciding to put their loft back on the market, in August 2008. Having paid $1.425mm in

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worse than bandages? painful for sellers to rip the calendar

2009 as the new 2005, without the optimismIt is very challenging for most sellers to understand just how much The Market has shifted. Most sellers will acknowledge that they won’t sell now near peak prices, but they are  reluctant to

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Manhattan loft inventory as of March 1 = 934

  That dip last week? Fuggedaboudit…. Number of Manhattan lofts offered for sale as of Sunday night definitely continues to reflect a bulging inventory:   price range # of lofts $500k to $999k 135 $1mm to $1.99mm 337 $2mm to $2.99mm

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new Manhattan loft listings + closed sales in last 7 days

 This is the seventieth 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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lipstick on a pig, or, buying an overdone ($1mm?) remodel

‘pig’ is a metaphor, of courseWhat if you bought a Manhattan loft with not much light and low ceilings, and put a ton of money into it — really jazzing it up in decidedly not neutral tones — then decided

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how much is that renovation in the window?

adding modest value, or too modest about the value added?There’s a Manhattan loft newly for sale that is asking about $1,300/ft and is described as newly renovated. The prose is rather muted for a renovation (the kitchen, for example, is

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