bumped by LehmanTo say that the listing history of the Manhattan loft #6E at 315 West 23 Street (The Broadmoor) is unusual is an understatement. The punchline is that when it sold on May 24 at $1.399mm it sold above…
Year: 2011
long run to a sale above ask at 315 West 23 Street
Tagged with: 2008, Bidding War, Empire State Building, Lehman, Light, Nuclear Winter, Peak, Renovation, Views, West 23
political response to Soho artist +/or zoning 'problem'?
how grassy are your roots?I attended the community meeting in Soho last night previewed (briefly) in yesterday’s New York Post, along with (I estimate) 250 to 300 others. Before seeing notices for this meeting, I had not heard of the…
65 West 13 Street loft sales shows the trick about being patient
it’s the price, stupid!I’ve been on a bit of a jag lately, noting Manhattan loft sales that defy Conventional Wisdom by holding firm at a price for a (relatively) long time, then getting a deal done within reasonable negotiating range…
Tagged with: Comps, Miller, Neighbor, Outdoor Space, Patio, Prime Village, Second Floor, Stubborn, West 13, West 14
Sunday diversion / Manhattan has a (quick) pulse
a famously quicker pulseAre you tired of time-lapsing Manhattan yet? Me neither! A fellow named MindRelic did this a couple of months ago, hitting 11 hotels (and miscellaneous sidewalks) in 6 weeks. It was well worth 4 minutes of my…
Saturday diversion / Dad who can't multi-task
other side does not come out as wellTwo weeks ago I was diverted by the inspiring mom who caught a foul ball at a minor league baseball game, in her glove, without disturbing the child at her hip. (I hope…
11 months to sell 58 Walker Street penthouse loft at (eventually) modest discount
3rd time = charmThe Manhattan loft on the 5th floor at 58 Walker Street had been a serial non-seller until finally selling on May 5 at $2,832,500. It had not sold when offered at $3.5mm (and higher) from July through…
stubborn loft seller at 44 Laight Street takes a year to get right (great!) price
another one that fractures (proves?) Conventional WisdomThe Manhattan loft #2A at 44 Laight Street sold on May 9 without a price drop despite taking 11 months to find that contract. Let’s repeat what we know about Conventional Wisdom and a…
Tagged with: Comps, Kitchen, Laight, Longandnarrow, Longandwide, Neighbor, Renovation, Stubborn, Volume
flipped early, Lion’s Head loft later gains only 4.8% since 2006
not much left overThe first re-seller of the Manhattan loft #8D at 121 West 19 Street (the Lion’s Head) soaked up nearly all the appreciation in the unit by flipping in two months in 2006, compared to the July 2006…
808 Broadway penthouse loft lost 15% of value since 2007
dramatically different dynamics result in regressionWhen the duplex Manhattan loft with private roof deck #PH-C at 808 Broadway sold on October 1, 2007 it was the belle of its ball, sparking a bidding war to close at $1,987,000, a 5%…
Tagged with: 2005, 2007, broadway, Ceilings, Cooper Square, Lofted, Nursery, Outdoor Space, Rental, Renwick
a sacred secular day of memory
we cannot remember what we do not knowWe all have individual family, friends and others to remember today, which is good. Good, too, is a lesson about how this holiday came to be, some of which was familiar to me…
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