dramatically different dynamics result in regressionWhen the duplex Manhattan loft with private roof deck #PH-C at 808 Broadway sold on October 1, 2007 it was the belle of its ball, sparking a bidding war to close at $1,987,000, a 5%…
Month: May 2011
808 Broadway penthouse loft lost 15% of value since 2007
Tagged with: 2005, 2007, broadway, Ceilings, Cooper Square, Lofted, Nursery, Outdoor Space, Rental, Renwick
a sacred secular day of memory
we cannot remember what we do not knowWe all have individual family, friends and others to remember today, which is good. Good, too, is a lesson about how this holiday came to be, some of which was familiar to me…
watching the new construction at 31 West 15 Street
there are worse uses for the inter-tubesThe hat tip goes to Curbed for linking on Friday to a single-purpose blog (or is it a vlog?), Bird’s Eye View NYC, which has been posting video of the demolition (and associated hijinks…
did the sponsor of 186 Fifth Avenue lofts get squeezed in first resale?
the runt of the litterBoth times the Manhattan loft on the 4th floor at 186 Fifth Avenue have sold have been odd sales. Back on those thrilling days of yesteryear (2007), when four full-floor lofts were offered by the sponsor…
Tagged with: Conversion, Fifth, Flatiron, Madison Square, New Development, Renovation, Sponsor, View, West 23, Windows
129 Duane Street loft sells above $2mm after not selling at Peak at $2.35mm
is this the price of overreaching? The Conventional Wisdom is that a Manhattan loft that does not sell after being professionally exposed to The Market for ‘a long time’ has failed to sell because of price. This wisdom is not…
resale at 15 East 26 Street is up 16% since The Peak, but there’s a catch
some dates are more important than othersThe ‘simple facts’ are that the Manhattan loft #12C at 15 East 26 Street (the 15 Madison Square North new development from 2008) just sold for $1,501,000 on April 6, which is a significant…
Tagged with: 2006, East 26, Madison Square, New Development, New York Life, Peak, Powder Room, Views
9 Murray Street loft sellers go ka-ching and move to non-loft loft at 4 West 21 Street
I should not take these things personallyManhattan loft snob that I am, I tend to have an irrational sense of regret when loft owners sell a loft to move to an apartment. A ridiculous reaction, even if anyone cared. But…
Tagged with: 2003, 2006, Downsize, Murray, New Development, Nuclear Winter, Renovation, Upsize, West 21, White Box
dream renovation adds 50% to 39 East 12 Street loft
if you build it …The petite Manhattan loft #307 at 39 East 12 Street (University Mews) traded four years ago as a build-your-dream loft for $850,000 then again (dream realized!) on May 10 at $1.25mm. I suspect that the dream…
111 Fourth Avenue lofted loft gains 12% since 2007 sale
if you build it (up), they will comeOffhand, I can’t recall a more bullish Manhattan loft resale than that of #6B at 111 Fourth Avenue, which closed on April 7 at $750,000 after having been purchased on October 27, 2007…
48 East 13 Street mint loft goes for $866/ft
is the (missing) 2nd bathroom so valuable?I am having some trouble with the last two sales in the Manhattan loft building at 48 East 13 Street. The “2,250 sq ft” #9B sold on October 27 for $2.85mm, but the “1,500…
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