why not be public about it?What is the purpose of an asking price? Feel free to tell me what you think, as I am not shy about telling you what I think. A successful asking price does (should do) only…
Month: November 2011
secretly very negotiable penthouse loft seller at 129 West 20 Street secretly negotiates a 28% discount
Tagged with: Asking Price, Chelsea Quarter, Comps, Negotiability, Penthouse, Price Drop, Rational, Roof Deck, Terrace, West 20
Sunday diversion / baseball and Camus, seriously
but first, a more diverting diversionIt is better the older you are, I think. (How often do you get to say that?) Posnanski tracks major league baseball player quality by birth year. heavier stuff, but a diversion for mePart II…
holiday weekend diversion / leftovers
no, not those leftoversThese leftovers, and what Mark Bittman suggests you can do with the stuffing, potatoes, sauce and turkey that are still in your frig: http://www.nytimes.com/2011/11/20/magazine/rethinking-thanksgiving-leftovers.html?hpw And, as a bonus, an analysis of why we remember a sandwich with…
serendipity: 113 Prince Street loft that took a year to sell took 113 days to file deed
nothing happens quickly here, apparentlyThe sale of the “1,490 sq ft” Manhattan loft #5ER at 113 Prince Street is another example of not new news (like in my November 23, 67 Hudson Street loft closes off 9% from 2005, with…
67 Hudson Street loft closes off 9% from 2005, with long history
was it shy about the loss?The sale of the “1,000 sq ft” Manhattan loft #3D at 67 Hudson Street is not new news, as the sale was way back on May 31. Nor was it new news when the deed…
Tagged with: 1997, 2005, 2007, Basketball, Foreclosure, Hudson, Neighbor Comps, Paired Resale, Rational, Renovation
uber-renovated (?) loft at Chelsea Mercantile sells 7% above Peak
what does it cost to uber your renovation?The “1,344 sq ft” Manhattan loft #4J at 252 Seventh Avenue (the game-changing Chelsea Mercantile) just sold for $1.725mm in “perfectly uber-renovated” condition (“[n]o stone was left unturned in this state-of-the-art renovation”), closing…
Tagged with: Bing Bing, Chelsea Mercantile, Downsizing, Horatio, Jackson Square, Peak, Renovation, Seventh, Uber
cop loft sells at 240 Centre Street with challenging layout, off 46% from very first ask
in search of a new locutionThe Manhattan loft #4R at 240 Centre Street (the venerable Police Building) is said to be “1,800 sq ft” but it plays smaller, to use a basketball term. It took some energetic price chopping to…
Tagged with: 1999, 2007, Centre, Comps, Loft That Plays Small, Mezzanine, Neighbor, One Bed Wonder, Police, Rational
was rooftop terrace at 105 Fifth Avenue loft as valuable as the interior?
depending on how you cut the numbers, it isThe “1,925 sq ft” Manhattan loft #11D at 105 Fifth Avenue, with its “500 sq ft” private rooftop terrace, just sold for $1.8mm. (November 9 is “just” sold in my book!) Trying…
Tagged with: Babble, Comps, Crossroads, Fifth Avenue, Flatiron, Miller, Neighbor, Renovation, Roof Deck, Terrace
high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price
strange historyThe “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the…
Tagged with: Budget, Ceiling, Comps, Maintenance, Neighbor, Small Building, Views, Volume, West 15, Windows
O’Neill loft at 655 Sixth Avenue resells at 21% loss over 2007
that will leave a markUntil recently, there were but two lofts at the O’Neill Building, 655 Sixth Avenue, on the spreadsheet of 2007 and 2011 paired sales. (See my September 27, is the Manhattan loft market back to (up to)…
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