not a slur, honestWhen I call a seller “stubborn” I am talking about behavior, not character. (Note that I don’t call sellers “greedy”, though I may find sales efforts … inexplicable.) How other than “stubborn” to describe a seller who…
Month: August 2011
agony + ecstasy at one 65 West 13 Street loft
how cold it was in those days!If I were writing just about lofts I would say something like when the Manhattan loft #8D at 65 West 13 Street sold on July 6 it was up over 40% from its prior…
despite failed contract, 133 West 28 Street small loft sells above ask in a refreshingly efficient market
smiling in the flower district (or is that Flower District?)It is not every day that you see a Manhattan loft sell at full price after a failed contract, even less often do you see a loft sell above the ask…
Soho in 1983: $211,000 for 3,300 sq ft; still an artist's loft
nice bit in the Times todayManhattan Loft Guy bait in the Habitats feature by Constance Rosenblum on the front page of today’s New York Times real estate section, with a back-in-the-day piece that touches on both Tribeca in the 1970s…
Tagged with: 1970s, 1983, Artist, Habitats, Hotel, Ny Times, Renovation, Soho Grand, Walker, West Broadway
28 Laight Street loft sale under-performs neighbor's sale
not like young Yankee pitchersThe Manhattan loft #5C at 28 Laight Street (Cobblestone Lofts, converted to condominiums in 2001) came to market last Fall just two days after the neighbor downstairs in loft #2B went to contract. These neighboring lofts…
Tagged with: Cobblestone, Competition, Comps, Efficient, Holland Tunnel, Laight, Neighbor, Rational, September 11, Yankees
Infinity Flats loft needs ultra refinishing to break even since 2007
but out-performing 2010 resalesI noted a week ago one new development in which at least one resale was a positive outlier (July 30, why did 263 Ninth Avenue loft resale kick some serious butt?). Every coin has two sides, and…
137 Duane Street loft seller makes same mistake that developer made
eventually bites bullet, like developerIt was deja vu all over again, as the “3,000 sq ft” Manhattan loft #2E at 137 Duane Street (Diamond Duane) finally sold on June 30 for an even $3mm. The listing history is full of…
Tagged with: 2006, 2008, Developer, Duane, Eleventh, Failed Contract, Kitchen, Naked City, Renovation
more man-on-dog action as 21 Astor Place loft sells up 3% since Peak
only $50,000, but stillI hit a Bright Shiny Object last weekend, a man-bites-dog story last month, and a sale at 21 Astor Place the month before that. Today’s feature is the sale of the “1,304 sq ft” Manhattan loft #6F…
Tagged with: Astor Place, Bright Shiny Object, Man Bites Dog, New Development, Outlier, Peak, Psychology, Trump
velocity in the Manhattan loft market / 72 Mercer Street sale was not the fastest
not to mention, huge gain over January 2008 sponsor saleI tend to collect a bunch of interesting recent sales each week for future posts, writing a headline and capturing the link; often I don’t get to all in that collection…
referee ends Damon Dash saga at 79 Laight Street after a year
nobody puts the D in distress sale like DDIt is not obvious from the deed names of record, but the July 15 sale of the Manhattan loft #5F at 709 Laight Street (the US Sugar Building) was of the second…
Tagged with: Auction, Bank, Dash, Foreclosure, Laight, Lien, Lis Pendens, Mortgage, N Moore, Referee
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