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.…
Year: 2011
when neighbors really compete, market can be quite efficient, as at 58 Walker Street
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
stubborn loft seller at 421 Hudson Street waits 1 year for contract
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…
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
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