seasons of change, indeedWhen the Manhattan loft #8C at 42 East 20 Street (The Bullmoose) sold on December 22, it was the first sale in the building since 4 sales between April 30 and July 20, 2009 — in the…
Year: 2011
rich sales data / 7 lofts with at least 4 sales
spate of lofts that recently sold for 4th timeWhen I hit the recent sale of #5F at 345 West 13 Street in my January 6, 345 West 13 Street loft is candidate for sale of the year, but the year…
Observer observes 262 Mott Street loft sale without overlap
quote of the (snowy) dayThe New York Observer posted a piece on-line last night about the recent sale of the Manhattan loft #203 at 262 Mott Street, a pre-Civil War loft with an Olde New York view over Old Saint…
53 N. Moore Street loft flies (yes) off the shelf, above ask
it only sells in DecemberThe Manhattan loft #5H at 53 N. Moore Street (the NorthMoore) sold on December 15; the prior sale was on December 5, 2003; the original sale from the sponsor was December 21, 2000. I can’t tell…
250 Mercer Street loft rode peak without selling, just sold off one-third
no cash in just riding a wave The Manhattan loft #B406 at 250 Mercer Street closed on December 1 at $1.65mm, a far cry from the asking prices in 2007 and 2008. If only… It is just not enough to…
Tagged with: Combination, Comps, Disappointed Seller, Efficient Market, Maintenance, Mercer, Neighbor, Peak
loft that missed The Peak at 30 West 15 Street comes back to sell, modestly but successfully
very quiet local market30 West 15 Street is a classic Manhattan loft building of its type: a handsome 12 story building built about 100 years ago with 21 coop units (converted 1980), and a North unit and South unit on…
Tagged with: 2007, 2008, Alchemy, Comps, Empire State, Neighbor, New Development, Peak, Views, West 15
weekend diversion: what to make of the Amazing Strangers of Union Square?
anthropology or voyeurism?This has been sitting on my virtual pile of interesting because it is weird or interesting because it is disturbing? for six weeks, and I have never been able to figure out which it is, or what it…
rare Manhattan coop foreclosure set for Broome Street loft
bring an artist certificate?A couple of story lines intersect on Broome Street this month. The first has to do with the dip in foreclosures in New York City since 2009 and their relative scarcity in Manhattan; the second has to…
345 West 13 Street loft is candidate for sale of the year, but the year was 2009
[oops — left off the title for 45 minutes]December 2010 sale was pretty sweet, howeverIt seems like only yesterday that I was wondering whether a Manhattan loft that sold above ask after having been on the market forever was…
Tagged with: 1999, 2005, 2009, Distress Sale, Fair Market Value, Hudson, Lehman, Meatpacking, Nuclear Winter, Panic
Manhattan loft market mirrors overall market (boring!), except (slightly) outperforms on inventory
data is dumped, for nowAs is my custom following the quarterly reports, the two tables below break out the (limited) loft-specific data from the three major firms that do quarterly market reports for Manhattan residential real estate and then provide…
Tagged with: Corcoran, Halstead, Median Price, Miller, Miller Samuel, Quarterly Report, Streeteasy, Trends, Volume
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