Month: February 2010

measuring arm's length / not a real “sale” at 125 East 12 Street

  this is hard work, fraughtHaving gone on record on Friday (sign of a thaw? 147 West 22 Street closes up 9% over 2006, 263 Ninth does not) with a commitment to bringing th Manhattan Loft Guy Master List of

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new development 72 Mercer holds its own from peak

  looking up from THE peakThe Manhattan loft #4E at 72 Mercer Street traded on January 29 (deed filed yesterday!) for $3.2mm, which is noteworthy for more than the up-to-the-minute currency: when it sold as brand spanking new in April

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sign of a thaw? 147 West 22 Street closes up 9% over 2006, 263 Ninth does not

it wasn‘t the renovationThe most astute (anal? persistent??) among the readers of Manhattan Loft Guy may have noticed that I have once again been updating my master list of loft closings, having added a hundred or more in the last

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spectacular restored loft gets 22% haircut, 85 Mercer sells for $937/ft

Word For The Week = "restoration"Last week’s Manhattan Loft Guy fun word was "unspoiled", as in my January 27 "unspoiled" loft at 70 Thomas St sells for $511/ft, about a loft in not-prime Tribeca that needed a lot of work

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73 Worth Street neighbors (almost) fought over one buyer, $84k (loser closes closes down 10% since 2005)

the $84k may be more painful than the 10%The Manhattan loft #5B at 73 Worth Street closed on January 21 at $2.585mm, quite a step down from the $2,877,250 at which it was traded in September 2005. But the same-unit-different-year

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NY Times “recent” residential sales? not so much (at 252 Seventh Avenue)

standards at Old Grey Lady go all to hellYou’d think that the regular Sunday real estate feature in the New York Times, Residential Sales Around the Region, would be … you know … "recent", as the sub-head always is: "a

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