[having discovered that my draft post was WAY too long for this platform, the end of my Part 1 post follows, with the last paragraph repeated…] … With this building sales history as context, the exemplar July 2011 sale…
Month: August 2011
Saturday diversion / 50 years ago today at Yankee Stadium
not with a bang, certainlyWith a h/t to Hall of Famer @DWinfield_ESPN, here is a story about the final game played by the Negro Leagues, an All-Star game the year after the last season ended. On a related note, I…
224 West 18 Street lofts up 13% in a year, down 12% since Peak?
so it seems, but wait (there’s more!)Yesterday’s Just sold! feature in the New York Post featured a Manhattan loft that had (yes!) recently sold. (Why can’t the New York Times do that?) It always interests me when a Manhattan loft…
much diligence due over planned hotel in West 37 Street
how tall is a 300 unit hotel, anyway?Part of the charm of living in loft neighborhoods (in Manhattan and elsewhere), for me and I suspect for many people, is that they may be ‘developing’ neighborhoods, with a certain vitality missing…
Tagged with: Big Sky Country, Developing, Due Dilgence, Lincoln Towers, New Construction, Views, West 30, West 30s, West 36, West 37
painful renovation of 22 Wooster Street loft nets $550k over Peak
errr … “painstaking”I loved the huge 2-bedroom (“3,200 sq ft”) Manhattan loft #4C at 22 Wooster Street when I saw it with some buyers when it was asking $4.35mm, but not so much that my people bid on it. The…
when neighbors really compete, market can be quite efficient, as at 58 Walker Street
head-to-head and dollar-for-dollarUnlike the neighboring Cobblestone Lofts I hit on August 6 (28 Laight Street loft sale under-performs neighbor’s sale) that engaged in a serial competition for buyers, the two lofts that recently sold at 58 Walker Street directly competed.…
Tagged with: 2003, Ceilings, Competition, Comps, Longandnarrow, Neighbor, New Development, Outdoor Space, Walker, Warehouse
did 'subtle' ceiling height lead to dynamic price for 150 West 26 Street loft?
you probably have to see it to appreciate itThe “1,830 sq ft” Manhattan loft #403 at 150 West 26 Street just sold with some very enthusiastic broker babble. I am most curious about the “subtly adjusted ceiling heights offset by…
165 Hudson Street loft pines for good old days of 2005
WTF?Head scratching time for Manhattan Loft Guy …. When the Manhattan loft #2C at 165 Hudson Street sold at $1.655mm in 2005 they said “This won’t last!!!” and they were right. (Prior listing not on StreetEasy, but is in our…
tired of pi**ing into the wind, 130 West 30 Street loft sellers take money, run
run far, to Jolly Olde, in factAlthough the sellers of the Manhattan loft #12C at 130 West 30 Street (the Cass Gilbert) tried to sell around $2mm in 2006 and again in the post-Lehman market into 2009 at $1.8mm, I…
Tagged with: 2004, 2006, Cass Gilbert, Hope, Light, Motivation, New Development, Resale, Shortandwide, West 30
stubborn seller of 130 Fulton Street loft takes 10% haircut
yes, we have a word for the weekNow that we know that it is not a slur to call a seller with a sticky asking price “stubborn”, here’s another one: when the Manhattan loft #11B at 130 Fulton Street closed…
Tagged with: 2006, Brooklyn Bridge, Downtown, Flip, Fulton, Poster Child, Stubborn, Views, Woolworth
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