as penthouse week continues…Finally a penthouse loft sale with enough building comps to attempt to estimate the premium paid for private outdoor space! The Manhattan loft #6E at16 Hudson Street sold pretty quickly on August 31: came to market on…
Year: 2011
why did 288 West Street lofts close with such a wide spread?
why would “gut” beat “restored”?There is a puzzle about the last two Manhattan loft sales at 288 West Street at the extreme northwest corner of Tribeca that might be one of those always-easy-when-you-know-the-answer puzzles. Two lofts that sound the same…
Tagged with: Canal, Comps, Holland Tunnel, Renovation, River, Traffic, Treetop, Views, West, Windows
from Flatiron to Soho to Tribeca for serial loft owners with exquisite taste
real estate stalking is not for the squeamishRegular Manhattan Loft Guy readers know that I am a bit of a voyeur, interested in the choices that people make to buy or sell a loft, and where they go from there…
penthouse loft at 17 Greene Street sells at ridiculous (adjusted) value after chopping, chopping
maybe this will be penthouse weekEven without considering the size difference, can there be any pair of penthouse lofts in prime Manhattan loft neighborhoods more different [oops! omitted those two words in the original] than yesterday’s please-gut-me 14 Jay Street…
Tagged with: Ceiling, Columns, Days On Market, Deck, Greene, Jay, Maintenance, Penthouse, Price Drop, Renovation
14 Jay Street penthouse loft sells in a small mystery, with numbers that are mysterious
details lacking, until you find themThe mystery of the August 30 deed at $2.3mm for the “penthouse” at 14 Jay Street is not that StreetEasy found “[n]o listing associated with this closing”, because it hardly takes a Holmes to connect…
I cannot deal with the media orgy today
not sure why, after ten yearsAs of about a week ago, I thought this year would be different. That I would be able to read stories and look at video and images from ten years ago, and even to (finally)…
Tagged with: Firefighters, Media, Ny Times, Pennsylvania, Pentagon, September 11, World Trade Center
deconstructing NY Times article about combining apartments to increase value
how the Real Estate Industrial complex works, and why it is unhelpful for consumersMaybe you people are way ahead of me, but I realized something that seems insightful about the unholy alliance between real estate media outlets such as the…
Tagged with: Combination, Leverage, Miller, Negotiation, Ny Times, Price Per Foot, Real Estate Industrial Complex, Renovation, Toy
darn 2006 flipper ate up all the profit of 15 Broad Street loft
fasten seat belt, pleaseThe story of the recent resale of the Manhattan loft #1202 at 15 Broad Street (Downtown by Starck) begins in 2006, when the loft was sold by the developer. Remember those days of froth? First buyer paid…
John Deco loft resells off 11% since 2008, 7% off sponsor's comp
competition is hard(No, it’s not one of a comping-is-hard sequence, if you are a careful reader.) The “837 sq ft” Manhattan (mini-) loft #815 at 99 John Street might not have been the first resale at the John Deco Lofts…
Tagged with: 2008, Competition, Comps, John, John Deco, Miniloft, Neighbor, Sales Office, Sponsor, Warranty
comping is hard / the laboratory at 321 West 13 Street is rich
a Fall theme emergesYesterday’s post was not the only time I have offered “did I mention that comping is hard?”; it is only the most recent time. (Rather than use a list of links, I will let The Google do…
Tagged with: Bond, Comps, Empire State, Gansevoort, Meatpacking, Neighbor, Peak, Renovation, Views, West 13
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