a promise, kept (rare!)When I hit the Manhattan loft #3S at 155 Franklin Street (the Sugar Loaf) as a June 2009 sale 16% off the 2006 clearing price (August 5, 155 Franklin Street crashes past 2006 to close up 28%…
Year: 2009
did 525 Broome Street get value for the 2008 renovation?
paired sale shows apparent gain over 2008The major improvement to the Manhattan loft sales data I aggregated into a Google Docs spreadsheet and posted (as MLG #1,000 on August 23) (click here to access it in the cloud) is that…
Tagged with: Broome, Canvass, Columns, Contract, Fireplace, Flip, Potential, Price Drop, Renovation, Resale
three zeroes / flipping the odometer on a major Manhattan Loft Guy milestone
the rundown on the CountdownThat Countdown thing that has appeared on the last ten posts was pointed to the 1000th post since Manhattan Loft Guy launched three and a half years ago. O N E T H O U S…
master list of Manhattan loft closings since November
this is The Big OneIt has been quite a while since I posted loft-closings-in-last-30-days, but I have not stopped keeping track of Manhattan residential lofts as they close. While there are many limitations in the data (discussed below), the collection…
risk, revisited / I am still a coward, but the 'brave' did not sell (yet)
checking back on the SpringI recently had a conversation with a former shareholder in one of the Manhattan loft buildings that I visited in my March 25 lengthy rumination, am I a coward? assessing + bearing risk in a risky…
64 Grand Street closes UP 12% since 2006
The Market has many facesOne of these days I will do a long post about how The (overall) Market is made up of individual transactions that vary widely from The (overall) Market trend. But not today. Today the news is…
strong pricing hint on lovely loft for sale at 360 West 36 Street
exception to the rule (he’s begging me)Most Manhattan Loft Guy readers understand why I haven’t commented on identifiable current listings for the past year and a half. I am going to make an exception for a loft (a) that I…
161 Hudson Street closed after 14 weeks, up 33% (since 2004)
don’t worry about the interimThe Manhattan loft #2B at 161 Hudson Street had a pretty good run through the 2009 market, starting at $2.7mm in March, dropping twice in April (to $2.5mm) and closing June 30 at $2.41mm. That quick…
Porter House loft may be “beyond the beyond” but sells off a million, up 40% or down 25%
context tells the story, but what’s the context?The Manhattan loft #3W at 66 Ninth Avenue (The Porter House) was marketed very enthusiastically at prices The Market was not ready for. It cleared on June 23 at $2.15mm, which is a…
Tagged with: 2003, 2006, 2007, Cantilever, Competition, Meatpacking, Neighbor, Neighbors, Ninth, Porter
buying high, selling low (ouch) at 114 Spring Street
this one is difficult to fathom, my promise notwithstandingThe Manhattan loft #2 at 114 Spring Street has (and has had) a lot to recommend it: prime Soho location, "1,900 sq ft", 12 foot barrel-vaulted ceilings, bright lights and cast-iron views,…
Tagged with: 2005, 2006, Barrel Vault, Ceiling, Closed, Discount, Price Drop, Renovation, Resale, Spring
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