when you paid more in 2006I have a fantasy that the seller of the Manhattan loft #6A at 66 Madison Avenue (Madison Parq; how I hate that name!) walked around with sandwich boards that read “motivated seller”, not because (as…
Year: 2011
66 Madison Avenue loft seller wonders when is a full price deal a cause of regret?
Tagged with: 2006, Babble, Comps, Madison, Madison Parq, Madison Square, Neighbor, Renovation, Shake Shack, Square Feet
58 Walker Street loft recalibrates after missing Peak, sells 20% off old ask
what if? is a fun game (you can make up your own rules!)When a loft does not sell, it is impossible to know what would have happened if it had been priced differently because (d’oh!) we cannot know how The…
161 Grand Street loft closes up almost 1% over 2007
streets not as mean a bit westYesterday’s post (no mistaking the condition of artist loft at 184 Grand Street that sold for $710/ft) hit a very primitive artist’s loft on Grand Street near Mulberry Street, in the immediate Johnny Boy…
Tagged with: Artist, Authentic, Classic, Conversion, Film, Grand, Little Italy, New Development, Renovation, Scorcese
no mistaking the condition of artist loft at 182 Grand Street that sold for $710/ft
“classic”, “quintessential”, “rare”, “authentic”The Manhattan loft #2E at 182 Grand Street was marketed with a historical marker (“currently serves as the studio for a working artist”) and every picture in the listing tells that story. Yes, the floor plan of…
does a $300,000 silver kitchen account for a Peak+10% gain at 889 Broadway?
probably not, but look at gain since 2007The “2,400 sq ft” Manhattan loft #3A at 889 Broadway (Gorham Mfg Co Building) sold on June 28 for $2.95mm with some exuberant broker babble. Since the loft was purchased by these recent…
43 Wooster Street penthouse loft closes off 6% since 2006, at one-third 2007 asking price
sometimes, words fail … Oct 19, 2002 sold $3,156,696 Sept 13, 2006 sold $4,171,000 Aug 11, 2007 new to market $12,500,000 Nov 19 $9,500,000 Jan 30, 2008 hiatus April 17 back on…
Sunday diversion / World Cup edition
it’s time to Release The WambachWith only the most perfunctory apologies to Liam Neeson and the "writers" of the 2010 release Clash of the Titans I have stolen one of the few iconic elements of the oh-so-cheesy film, Zeus’ summoning…
45 Lispenard loft sale meets the past from the other direction
score one for The New York ObserverNetiquette requires that I note a factually correct Manhattan loft sale catch by The New York Observer, having snarked on their sorry ass ‘fact-checking’ only yesterday. Whatever ACRIS filters they use, they again beat…
interesting loft sale at 260 Fifth Avenue, but Observer gets it wrong
why do they do that?The New York Observer reported yesterday that the Manhattan loft on the 8th floor at 260 Fifth Avenue sold for $3.95mm but, as you will see in a minute, it didn’t. It was a newsworthy event…
penthouse loft at 121 West 20 Street beats Peak, but is it rational?
by 2%, but it is somethingOf course you know that any single number to summarize The Market (whether the entire Manhattan residential real estate market or the loft niche) smooths out a great deal of data noise. Some data points…
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