nuclear winter poster childI don’t know if there is a better example of the change in The Market that occurred after Lehman filed for bankruptcy protection in September 2008 and the Fall 2009 thaw in The Market than the Manhattan…
Month: June 2010
808 Broadway seller bites painful bullet, closes off 15% since 2006
Tagged with: broadway, Comps, Contract, Lehman, Mezzanine, Neighbor, Nuclear Winter, Price Drop, Renwick
will shill for friends / author's book reading tonight
no shame!After shilling (twice!) for a documentary about I. M. Pei by Anne Makepeace (and others) shown on PBS on March 31 (March 31, 9 PM on PBS: I M Pei documentary, March 24, shilling for I M Pei), it…
20 Desbrosses Street loft sells above ask, quickly, with pellet-blasted brick and more (dramatic photos!)
zip! zoom!The Manhattan loft on the 2nd floor at 20 Desbrosses Street is a bit of a puzzle, but the main story is that it found a contract in 23 days and closed $111,000 above the asking price. At $1,300/ft…
Tagged with: 2005, Architect, Artist, Comps, Condop, Desbrosses, Greenwich, Neighbor, Renovation, Watts
39 Worth Street loft finally closes, makes the papers
out of my leagueThe Manhattan loft #3E at 39 Worth Street finally sold last week, but that’s not why it made the papers. The buyer is a hotshot young designer who used to live on the Lower East Side, a…
neighboring lofted lofts sell at 12 East 14 Street, 9 East 13 Street
duck, duck … gooseAdding a mezzanine or loft to a Manhattan loft with high ceilings is pretty common. One sale last week at 9 East 13 Street, one in May at (the same coop, different address) 12 East 14 Street,…
sales price kerfuffle, as ACRIS changes, so does StreetEasy, but world does not end
this explains some of the funny (non-round) numbersThis may be a bit too inside baseball for some (many?), but the way New York City reports real estate sales prices changed in March, and The Real Deal stirred things up this…
Tagged with: Acris, Closing Costs, Comps, East End, New Development, Real Deal, Streeteasy, Transfer Tax, Urban Digs
the vultures next door / 505 Greenwich sells to neighbor
seemed like a good idea at the time (2008), no?Take a photograph of the folks who just sold the Manhattan loft #8C at the 2005 new development 505 Greenwich Street and put the photo in the gallery labeled We Rue…
36 White Street misses the party, closes (off the radar) like its 2005
et tu, StreetEasy?The Manhattan loft on the 3rd floor at 36 White Street just closed for $1,337,500 (deed June 1, filed PDQ on June 4). Of course there are things about the Manhattan real estate business that I will never…
with 95 Greene Street contract, reality vs. NY Post / who wins?
probably not Murdoch’s faultI have my doubts about Exhibit A in support of a NY Post article today with a provocative headline, lede and story. the article is A bidders market / Upscale homes rebounding in NYC the lede is…
sale at 454 West 46 Street strikes an off note, down 5% since 2004
paging Billy Joel August 12, 2004: $1.1mm May 27, 2010: $1.045mm (after "beautifully [sic] renovations") That is a very unhelpful data point for neighboring shareholders. That’s the history of one Manhattan loft in the storied Piano Factory, 454 West 46…
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