very, very, very weakThe Manhattan loft conversion at 158 West 23 Street started marketing in mid-2007, offering floor-through lofts of "1,865 sq ft" that were offered as open spaces with full kitchens and (usually) (only) 1.5 baths. I.e., not exactly…
Year: 2009
when you reach the right price … 105 Fifth Avenue closes
small discount, right priceThe Manhattan loft #7A at 105 Fifth Avenue closed on July 22 at $1.125mm, only a 4% discount from the (last) asking price of $1.175mm, proving that if you drop the asking price enough you don’t have…
the importance of managing expectations
why set buyer up for disappointment?I hope it will shock no one to hear that not all high-priced Manhattan lofts are perfect. Some, indeed, have gross deficiencies. There is an interesting dance to marketing one of these lofts: playing up…
why isn't a Tribeca premium renovation worth at least 250/ft?
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…
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…
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