was it shy about the loss?The sale of the “1,000 sq ft” Manhattan loft #3D at 67 Hudson Street is not new news, as the sale was way back on May 31. Nor was it new news when the deed…
Year: 2011
67 Hudson Street loft closes off 9% from 2005, with long history
Tagged with: 1997, 2005, 2007, Basketball, Foreclosure, Hudson, Neighbor Comps, Paired Resale, Rational, Renovation
uber-renovated (?) loft at Chelsea Mercantile sells 7% above Peak
what does it cost to uber your renovation?The “1,344 sq ft” Manhattan loft #4J at 252 Seventh Avenue (the game-changing Chelsea Mercantile) just sold for $1.725mm in “perfectly uber-renovated” condition (“[n]o stone was left unturned in this state-of-the-art renovation”), closing…
Tagged with: Bing Bing, Chelsea Mercantile, Downsizing, Horatio, Jackson Square, Peak, Renovation, Seventh, Uber
cop loft sells at 240 Centre Street with challenging layout, off 46% from very first ask
in search of a new locutionThe Manhattan loft #4R at 240 Centre Street (the venerable Police Building) is said to be “1,800 sq ft” but it plays smaller, to use a basketball term. It took some energetic price chopping to…
Tagged with: 1999, 2007, Centre, Comps, Loft That Plays Small, Mezzanine, Neighbor, One Bed Wonder, Police, Rational
was rooftop terrace at 105 Fifth Avenue loft as valuable as the interior?
depending on how you cut the numbers, it isThe “1,925 sq ft” Manhattan loft #11D at 105 Fifth Avenue, with its “500 sq ft” private rooftop terrace, just sold for $1.8mm. (November 9 is “just” sold in my book!) Trying…
Tagged with: Babble, Comps, Crossroads, Fifth Avenue, Flatiron, Miller, Neighbor, Renovation, Roof Deck, Terrace
high floor low ceiling loft at 25 West 15 Street closes on 2nd contract, 2nd price
strange historyThe “1,800 sq ft” Manhattan loft on the 6th floor at 25 West 15 Street took 5 months to find a contract that stuck, using two asking prices (the second higher than the first), but until August all the…
Tagged with: Budget, Ceiling, Comps, Maintenance, Neighbor, Small Building, Views, Volume, West 15, Windows
O’Neill loft at 655 Sixth Avenue resells at 21% loss over 2007
that will leave a markUntil recently, there were but two lofts at the O’Neill Building, 655 Sixth Avenue, on the spreadsheet of 2007 and 2011 paired sales. (See my September 27, is the Manhattan loft market back to (up to)…
old news, as build-a-loft takes 2 years to sell for $646/ft at 129 West 22 Street
breaking news, from MarchThe reason that the March 23 sale of the “2,400 sq ft” Manhattan loft #5A at 129 West 22 Street for $1.55mm is news is that the deed was just filed last week. No, that’s not right;…
did 30 West 15 Street lofts sell at premium due to combination potential?
numbers are hard thingsIt is not a coincidence that both lofts on the 3rd floor at 30 West 15 Street closed on the same day. Although owned by different people and listed by different firms, the closings of lofts #3S…
Tagged with: 2007, Combination, Flatiron, Miller, Nytimes, Paired Resales, Renovation, Theory, Vtoy, West 15
Astor Place loft seller takes wee bath since 2005 at 445 Lafayette Street
almost a diversion, for being tardyThis one has been sitting in my To Do pile for a while, but is interesting enough for even a tardy post because it involves A Famous Building that (in this case, at least) has…
Tagged with: 2000, 2005, 2005 New Development, Chelsea Mercantile, Comps, Lafayette, Light, Neighbor, Seventh Avenue, View
when the market does not appreciate your renovation, appreciation is limited (43 West 21 Street loft edition)
numbers don’t lie, but they can obscureIf you look at only the October 5 sale of the “1,850 sq ft” Manhattan loft on the 3rd floor at 43 West 21 Street (at $2.04mm) and its most recent resale (July 24,…
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