my dues at work (yay team!)Regular Manhattan Loft Guy readers know that I have a somewhat … (shall we say) … conflicted perspective on our trade association, REBNY. Basically, I feel that residential agents (and especially consumers) are the poor…
Year: 2011
a Groundhog's Day diversion (Bill Murray fans only)
an out-of-sequence diversion…… for a(nother) nasty weather day. The Ned-and-Phil Show (with re-runs, of course). Enjoy! Remind me: how long is this Winter Thing??? © Sandy Mattingly 2011
477 Broome Street loft takes what the market gives, moves on (to the bank)
a form of humility, yes?This one is hot off the presses (deed filed today): the Manhattan loft #31 at 477 Broome Street sold on January 25 for $1.515mm, a discount of 10.6%% off the $1.695mm ask. What is interesting about…
Tagged with: Broome, Ceilings, Comps, Contract, Discount, Negotiable, Neighbor, Renovation, Square, Tin Ceilings
505 Greenwich Street loft is up 8% since 2004, down 12% since 2006
in which it is better to have been the first owner than the secondEven if I had an easy way to search price histories for Manhattan lofts I don’t think I would find one quite like the zigging and zagging…
buying (+ overpaying) next door at 121 West 19 Street loft (Lion's Head, revisited)
talk about e-x-t-o-r-t-i-o-n!Let’s say you wanted to sell your Manhattan loft for $1.3mm but The Market offered no takers when you offered it publicly from February into July 2010. So you take it off the market, tail between your legs.…
459 Washington Street loft bounces back to the right price to sell
starting at the right price is not enoughI always wonder about the agent-seller dialogues with a sale like that of Manhattan loft #4N at 459 Washington Street (John Watts Condo), which cleared at $2.2mm on January 10. Working backwards from…
Tagged with: 2002, Capsouto Freres, Competition, Comps, Neighbor, New Development, Pontes, River, Views, Washington
weekend diversion / waiting for baseball edition
(still waiting…) It is a somewhat controversial opinion, but I still like Jon Miller. He gets a little excited here. Pitchers & Catchers in 15 days! (Is football season over yet??) h/t The Girl Who Loved Andy Pettitte; very indirect…
Lion's Head loft foreclosure sale postscript: an unusual 4-letter word for b-u-y-e-r?
start with 3 letters: WTF??(No, I am not goin’ all Palin on ya; I’ve been using that locution for years.) This postscript to my January 22, Lion’s Head penthouse loft closes out of foreclosure (121 West 19 Street) with a…
white box loft sells for $847/ft at 251 West 19 Street, Manhattan Loft Guy is surprised
staying in ‘project’ modeYet another buy-and-build Manhattan loft that closed recently has caught my eye. Unlike the Manhattan lofts hit this week that were total gut jobs (January 25, 303 Mercer Street loft with nothing but potential sells for $640/ft,…
gut job loft at 395 Broadway provokes war, gets $1,000/ft
location, location … and what’s the 3rd one??The Manhattan loft #15A at 395 Broadway that sold on December 23 is a fascinating contrast with the loft I hit yesterday (303 Mercer Street loft with nothing but potential sells for $640/ft).…
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