Month: May 2010

riffing with The Miller on the value of Manhattan terraces, decks + balconies

timely stuffAs The Miller said on his blog yesterday, he finally got around to answering a question about Manhattan real estate valuation methodology for outdoor spaces, [Terra Logic] Understanding The Value of Manhattan Apartment Outdoor Space. Great timing (for Manhattan

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interesting data point: primitive 5th floor walk-up loft sells at 8 Greene Street

hot off the pressThe Manhattan loft on the 5th floor at 8 Greene Street sold on April 29, with a deed filed today(!), and not a very long listing history (to market January 13; in contract February 16), with not

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foreclosure sale at 251 West 19 works out, for banks at least

don’t see this every dayWhile cleaning up the Manhattan Loft Guy Master List of downtown loft closings between $500k and $5mm, I discovered that 251 West 19 Street #3C closed on March 26 for $1,578,287 (deed filed April 14). That’s

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cool Manhattan sales volume data over at UrbanDigs

bumps + troughsNoah Rosenblatt just posted an interesting chart on his blog of average manhattan real estate sales volume (not prices, volume) from 2006 to present. Check out the whole thing for his explanation and cool graphics. He uses city

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62 Orchard Street closes on the button, at the ask

useful comp, no?At the risk of flaunting my ignorance, I am not aware of many true lofts on the Lower East Side, a neighborhood in which the typical (old) housing stock is the tenement. 62 Orchard Street is a true

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terrace sells for about $1mm at 110 West 25 Street

‘crowning glory’, indeedThe top-floor Manhattan loft 110 West 25 Street #12 (aka "PH") closed last week (April 22, deed filed April 28) for $3.885mm. This "2,500 sq ft" interior space sounds much like the refined lofts on each of the

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