Month: January 2011

buying (+ overpaying) next door at 121 West 19 Street loft (Lion's Head, revisited)

talk about e-x-t-o-r-t-i-o-n!Let’s say you wanted to sell your Manhattan loft for $1.3mm but The Market offered no takers when you offered it publicly from February into July 2010. So you take it off the market, tail between your legs.

Posted in loft neighborhoods chelsea Tagged with: , , , , , , ,

459 Washington Street loft bounces back to the right price to sell

starting at the right price is not enoughI always wonder about the agent-seller dialogues with a sale like that of Manhattan loft #4N at 459 Washington Street (John Watts Condo), which cleared at $2.2mm on January 10. Working backwards from

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weekend diversion / waiting for baseball edition

(still waiting…) It is a somewhat controversial opinion, but I still like Jon Miller. He gets a little excited here. Pitchers & Catchers in 15 days! (Is football season over yet??) h/t The Girl Who Loved Andy Pettitte; very indirect

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Lion's Head loft foreclosure sale postscript: an unusual 4-letter word for b-u-y-e-r?

start with 3 letters: WTF??(No, I am not goin’ all Palin on ya; I’ve been using that locution for years.) This postscript to my January 22, Lion’s Head penthouse loft closes out of foreclosure (121 West 19 Street) with a

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white box loft sells for $847/ft at 251 West 19 Street, Manhattan Loft Guy is surprised

staying in ‘project’ modeYet another buy-and-build Manhattan loft that closed recently has caught my eye. Unlike the Manhattan lofts hit this week that were total gut jobs (January 25, 303 Mercer Street loft with nothing but potential sells for $640/ft,

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , ,

gut job loft at 395 Broadway provokes war, gets $1,000/ft

location, location … and what’s the 3rd one??The Manhattan loft #15A at 395 Broadway that sold on December 23 is a fascinating contrast with the loft I hit yesterday (303 Mercer Street loft with nothing but potential sells for $640/ft).

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303 Mercer Street loft with nothing but potential sells for $640/ft

why so low?On the one hand, the Manhattan loft 303 Mercer Street #B103 (in Snug Harbor; awwww) sold on January 10 at the full asking price of $1.6mm, as a loft that claimed a “renovated kitchen” and “unique architectural details”.

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NY Times loves the architects who (live in +) love lofts / West 15 Street Lego edition

mixing the metaphors, Lego + jigsawPerhaps it is just confirmation bias at work, but I really think the New York Times features a disproportionate number of lofts in it’s feature sections on Thursdays and Sundays. The latest example is the

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Lion's Head penthouse loft closes out of foreclosure (121 West 19 Street) with a 7-figure bank hit

[with Jan 28 postscript]our long national nightmare is overWith the January 6 sale of #PH-E at 121 West 19 Street (The Lion’s Head) for $2,445,810, the most bizarre and longest-running saga of a Manhattan loft in the tenure of Manhattan

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , , ,

Sunday diversion / a sports guy goes schizo on a local team

… and writes today’s Quote Of The Day, thusly: J-E-T-S? Really? You’re thrilled with yourselves for spelling a four-letter word? Try cheering for Our Lady of the Immaculate Conception. I’m rooting for them today (boo Ben boo!), but this made

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