our long national nightmare is overThe fact that the Manhattan loft on the 4th floor of 291 Seventh Avenue that sold on April 15 nearly doubled in value since it was purchased in July 2002 is hardly the most interesting…
Month: May 2011
The Market corrects too low price for 53 N. Moore Street loft, generates a koan
straight up bidding warThere are a lot of green April loft sales on the Master List of Manhattan Lofts Sold Since November 2008; so many that the over-use of color in April deserves a post of its own. On some…
Tagged with: Bidding War, Comps, Freezer Burn, Koan, N Moore, Neighbor, Nuclear Winter, Outdoor Space, Peak, Zen
16 Greene Street loft sells as endangered species (with a scarcity premium?)
(not that there’s any protection for them)It is nice that the Manhattan loft #2N floor of 16 Greene Street came with a warning label as an “authentic SoHo artists loft, a real throwback to the 70s”: “COULD BE THE LAST…
The Market corrects a Cast Iron loft over-correction, as 67 East 11 Street loft sells above (reduced) ask
Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67…
Tagged with: Cast Iron, Comps, Correction, East 11, Efficient, Neighbor, Outdoor Space, Poster Child, Small Loft
stubborn flower district loft seller holds for sale at 133 West 28 Street with rooftop garden
Conventional Wisdom takes another (small) hitWe’ve been here before: sometimes the Conventional Wisdom (“conventional” because it is common; “wisdom” because it is … errr … wise) is wrong. Conventional Wisdom holds that a professional, broadly exposed, marketing campaign of 3…
Tagged with: 2006, Brooklyn, Conventional Wisdom, Floor Plan, Flower District, Roof Deck, Townhouse, West 28
245 Seventh Avenue loft sells after freezing in nuclear winter
not a new story, but stay for the floor plan pornThe Manhattan loft #2A at 245 Seventh Avenue that sold on April 12 at $1.675mm has a history that includes a nearly perfectly mis-timed sales campaign, starting within a few…
an odd pair: open loft at 284 Lafayette Street finally sells (again) followed by 'done' neighbor
maybe someone will build it out (this time)What if people buy their dream, then don’t (can’t?) realize their dream? The Manhattan loft #4D at 284 Lafayette Street sold pretty quickly way back in 2006 for $2.29mm as an “artist’s dream”…
874 Broadway loft featured in DWR catalogue
not ‘news’ but funThey are not going to pay me a dime, nor send me a free couch, but I happen to love spending quality time once in a while with the catalogue for Design Within Reach. I wasted some…
Tagged with: broadway, Catalogue, Design Within Reach, Distraction, Photo Shoot, Primitive, Restoration
how much were those roof terraces worth when 211 East 2nd Street loft sold?
probably $400,000 (but let’s see the math)When the Manhattan loft on the top of 211 East 2nd Street sold on March 15 at $2,122,500 (the last 6th floor / penthouse listing is here, but the prior one with surviving pictures…
FiDi at $645/ft as 3 Hanover Square loft sells at ask
little attention for these little loftsI don’t often pay attention to the various lofts in the greater Wall Street area, but the April 15 sale of the Manhattan loft combination #7AB at 3 Hanover Square caught my eye this weekend…
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