it has been a whileI have gotten out of the habit of doing the occasional non-real estate post on the weekend (so many lofts in Manhattan, so little time) but here’s one for you baseball fans. (No, it does not…
Month: May 2011
40 Mercer St loft resale up 13% over 2009 sale, 21% lifetime
straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why…
473 Broadway loft seller is stubborn after (somehow) missing peak
a rich history of sales, and of listingsThe Manhattan loft #5E at 473 Broadway that just sold on April 28 has now been re-sold twice since having been purchased from the developer in 2002, in what appears to be a…
Tagged with: Axiom, broadway, Conventional Wisdom, Discount, Failed Contract, Peak, Price Drop, Stubborn
motivated seller sells off 10% since 2007 at Chelsea Mercantile
can a tragic bargain be a market sale?The spread between the recent full-ask sale of the “1,631 sq ft” Manhattan loft #16H at 252 Seventh Avenue (long-time Manhattan Loft Guy fave, Chelsea Mercantile) and the price at which it was…
partying pair purchased at 10 Leonard Street / prefer kitchen or skylights?
embracing loft diversityThe Manhattan loft building at 10 Leonard Street has only 16 units, but two of them sold this month. Though both are said to be about 1,700 sq ft and are newly renovated, they are different from each…
28 East 4 Street loft closes up 9% over 2006, at 5% discount to ask
what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…
from fire sale in nuclear winter to +27% at 155 Hudson Street
price discovery can be hardTake a generic classically Long-and-Narrow Manhattan loft, roughly 22 feet wide, with not a lot to brag about as far as finishes, and try to sell it in two very different sets of market conditions. As…
Tagged with: 2002, 2004, Comps, Hudson, Lehman, Longandnarrow, Neighbor, One Bed Wonder, Peak, Renovation
808 Broadway loft sellers did not move far
maybe 30 feet, down to gardenSometimes the cliches commonly used to sell real estate are more than just cliches, cliched as they may be. Case in point: the marketing text for the Manhattan loft #4C at 808 Broadway (the Renwick)…
43 West 21 Street penthouse loft dresses up (a little) to close up (a lot: $1.1 million!) since 2007
going all white on yaI have been poring over the pictures and floor plans comparing the recent sale and June 2007 sale of the Manhattan loft at the top of 43 West 21 Street, trying to find seven figures of…
down and down 44 Walker Street loft closes after a year, off 7% since Peak
ominous trend lineThe Manhattan loft on the 4th floor at 44 Walker Street closed on April 26 at $1.79mm, which seems not particularly brag-worthy given that it started the marketing campaign way back on November 26, 2009 at $2.3mm. But…
Top
Follow Us!