why so low?On the one hand, the Manhattan loft 303 Mercer Street #B103 (in Snug Harbor; awwww) sold on January 10 at the full asking price of $1.6mm, as a loft that claimed a “renovated kitchen” and “unique architectural details”.…
Year: 2011
NY Times loves the architects who (live in +) love lofts / West 15 Street Lego edition
mixing the metaphors, Lego + jigsawPerhaps it is just confirmation bias at work, but I really think the New York Times features a disproportionate number of lofts in it’s feature sections on Thursdays and Sundays. The latest example is the…
Sunday diversion / a sports guy goes schizo on a local team
… and writes today’s Quote Of The Day, thusly: J-E-T-S? Really? You’re thrilled with yourselves for spelling a four-letter word? Try cheering for Our Lady of the Immaculate Conception. I’m rooting for them today (boo Ben boo!), but this made…
Lion's Head penthouse loft closes out of foreclosure (121 West 19 Street) with a 7-figure bank hit
[with Jan 28 postscript]our long national nightmare is overWith the January 6 sale of #PH-E at 121 West 19 Street (The Lion’s Head) for $2,445,810, the most bizarre and longest-running saga of a Manhattan loft in the tenure of Manhattan…
Tagged with: 2005, 2006, Auction, Bank, Foreclosure, Lien, Lions Head, Lis Pendens, Penthouse, West 19
toothbrush loft at 48 Mercer Street closes flat with 2007
2007 flat has a better curve than 2005 flatThe Manhattan loft #3W at 48 Mercer Street (Hohner Building) was a quick sale this holiday season, starting out on October 26 and closing on December 23. That’s q – u –…
sellers of awesome Riverdale mansion in yesterday's WSJ want a Manhattan loft!
real estate remains a spectator sportI was out with a long-time friend last night, catching up on families, friends, lives (etc, etc, etc) and (even) real estate. He is a partner in a major Manhattan law firm, lives in Manhattan,…
90 Hudson Street loft earned $500/mo since last sale in 2005
how do you spell f – l – a – t?The Manhattan loft #2D at 90 Hudson Street sold for $1.2mm on November 12, which is not bad these days for a no-frills-no-amenities-except-roof-deck coop conversion from 30 years ago. Except…
a penthouse premium + a non-comp loft sale at Chelsea Mercantile, 252 Seventh Avenue
relish one, ignore other When the Manhattan loft #PH-L at 252 Seventh Avenue at the top of the Chelsea Mercantile closed on December 16 at $2.416mm for its “1,510 sq ft”, it continued the high-floor-premium trend at The Merc. When…
Tagged with: Arms Length, Chelsea Mercantile, Comp, Family, High Floor, Merc, Penthouse, Premium, Seventh, View
his birthday was Saturday, but his Day is today
do you prefer video or text?video is here (17 minutes, via YouTube) text is here © Sandy Mattingly 2011
the difficulty in comping in former new development / the 101 Warren St laboratory
if you look at Then vs. Now, look at Contract Date ThenIt is no secret that in looking at historical data for Manhattan lofts (or other Manhattan coops or condos, generally) that started not too long ago as new developments…
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