modesty rewarded, as usualThe Manhattan penthouse loft 808 Broadway #PHA [Renwick] is an excellent example of what truly motivated sellers do. (Not the sellers who will sell if I get $Xmm, but the sellers who will sell, what can I…
Year: 2010
stable loft market at 303 Greenwich Street, since 2009 + since 2005
nice to see simple data once in a whileFrequent readers of Manhattan Loft Guy know that I am intrigued by sales that don’t fit The Overall Narrative, such as loft sales implying a 15% change in the market in the…
what is your loft worth after a major FIRE? 12 East 12 Street loft goes for more than you'd think
20% off peak pricing??The Manhattan loft 12 East 12 Street #7NE sold on April 8, 2008, almost exactly at The Peak of the overall Manhattan real estate market, and then again on September 24. Conventional wisdom might be that the…
pop-up (mystery) contract for loft at 476 Broadway
still not a ‘trend’, but a reminderIn my October 7 post, the puzzle of pop-up contracts, signed long after Off The Market at 144 West 27 Street and 24 East 21 Street lofts, I touched on the phenomenon of Manhattan…
real estate market psychology: about seller refusal to take a loss
just ‘cuz “everyone knows” doesn’t mean it is not trueYes, it is no great revelation to state as fact that apartment or loft sellers in Manhattan (and elsewhere) are reluctant to sell (even when “on the market”) if they can…
Tagged with: Anchor Effect, Buyer, Discount, Loss Aversion, Negotiation, Psychology, Seller, Strategy, Sullivan, Wired
Saturday diversion / tweeterful Tribeca
small bitesTweeting is not in the Manhattan Loft Guy tool box (140 character limit?? puh-leeze!), but I like a good tweet as much as the next guy. Tribeca Citizen, a blog that needs to make the MLG updated list of…
did the Manhattan loft market improve by 15% from November to June? 43 Clarkson Street has 2 data points
one lingered, after drops; the other flew off the shelfEven infrequent Manhattan loft Guy readers know that I love paired loft sales! The October 4 sale of #2B at 43 Clarkson Street was posted the other night on The New…
interesting price history of 71 Murray Street loft bought by Famous Couple
newsworthy for a different reasonThe Manhattan loft on the 10th floor at 71 Warren Street (the Hastings Building) made news when it sold on October 6 because the buyers are A Famous Couple (the New York Post mention is here,…
another late bidding war, as 55 White Street loft sells at 104% of (reduced) ask
odd things stick outIndividual sales show the ebbs and flows of the Manhattan real estate market, as odd specific data points don’t exactly fit the general narrative. If that is too obscure a way to start a post (even for…
Tagged with: Bidding War, Ceilings, Classic, Columns, Comps, Lehman, Negotiation, Neighbor, Penthouse, White
NoMad as new “it” micro-nabe? don’t hold your breath
from the Manhattan Loft Guy ‘to do’ listI noted this article from the Wall Street Journal when it hit the inter-tubes on October 8 (North of Madison Square Is Starting to Gel), cogitating on it, as it is a non-residential-neighborhood…
Tagged with: Club, Fifth, Madison, Madison Square, Meatpacking, Museum, Nomad, Park, Restaurant, Sixth
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