and up 14% over upstairs neighbor with bad timingThe “2,170 sq ft” Manhattan loft #3A at 115 Mercer Street is one of 7 units in this 2007 residential loft condominium conversion and is now the second resale in the building,…
Month: June 2012
hard to comp loft at 115 Mercer Street closes up 10% over 2007 sponsor sale
Tagged with: 2007, 2009, Asking Price, Comps, Discount, Mercer, Neighbor, New Development, Resale, Sponsor
90 West Broadway loft bought at auction dresses up for magazine photo shoot
shown for life + design, not sale One of the regular features in the must-read Tribeca Citizen is “Loft Peeping”, which today linked to an unidentified “3,500 sq ft” loft featured in New York Magazine’s Design Hunting title. Lofts featured…
Tagged with: Auction, Color, Design, Greenwich, Ikea, Kitchen, New York Magazine, Renovation, Tribeca Citizen, West Broadway
do some seller incentives threaten the buyer
or, can disclosure cure at this level?Not to go full MalcolmBlogger High Road on ya, but I was flabbergasted by a marketing gambit that recently went out through the inter-firm data-base. I am sure it is a legal way to…
Tagged with: Agency, Cobrokering, Commission, Conflict Of Interest, Disclosure, Fiduciary, Incentives, Sales Fee
what $50,000 worth of mahogany looks like: 260 Park Avenue South loft sells with 30 foot ceilings
for the imagination challenged, an exampleYou have probably never woken up in the middle of the night wondering “what does $50,000 worth of mahogany look like?” but this post will make sure that that never happens to you. The “1,662…
Tagged with: Bedroom, Broker Babble, Custom, Lofted, Mahogany, Mezzanie, Outdoor Space, Park Avenue South, Terrace, Woodwork
151 West 17 Street loft sale is a Headscratcher's Special: 5% below 2005
fans of efficient market theory should avert their eyesLet’s stick with John McCain (“The Market is cruel”) another day. In yesterday’s market cruelty or mean streets? gut renovated sundrenched 347 West 39 Street loft closes at $675/ft, unadjusted for terraces,…
market cruelty or mean streets? gut renovated sundrenched 347 West 39 Street loft closes at $675/ft, unadjusted for terraces
John McCain was rightNo, John McCain was not talking about Manhattan lofts, but is there anything more cruel than the history of the “2,000 sq ft” Manhattan loft #8E at 347 West 39 Street? To market on August 11, 2011…
more developer's remorse: scooped by Curbed over 246 West 17 Street loft resale +89% in 3 years
no blogger’s remorse, howeverHow’s this for a Bright Shiny Object? The “1,717 sq ft” Manhattan loft (with a “321 sq ft” terrace) #1C at 246 West 17 Street recently sold at $2.55mm after having been sold in 2009 by the…
Tagged with: 2008, 2009, Bottom Feeding, Contract, Discount, Down Payment, Haircut, New Development, Sponsor, West 17
agent sells Chelsea Mercantile loft from San Francisco
even north is a happier faceYou need to do some extra clicking on StreetEasy to get the full narrative on the successful marketing campaign that just got $2.2mm for the “1,586 sq ft” Manhattan loft #7G at 252 Seventh Avenue…
Tagged with: Agent, Chelsea Mercantile, Comps, Courtyard, Disclosure, Neighbor, San Francisco, Seventh, Views, Windows
a Manhattan loft pioneer (of a different sort) remembers, records
a mutual admiration society is revealedIf you are a fan of Manhattan lofts (that’s everybody, right?), you are familiar with the work of architect Joseph Pell Lombardi. He worked on the conversion or construction of the Mohawk Atelier at 161…
Tagged with: 1950s, 1960s, 1970s, Architect, Essay, History, Joseph Pell Lombardi, New Development, Soho, Tribeca
developer’s remorse? Gansevoort loft sells +50% over 2009 sponsor sale at 325 West 13 Street
fill in the blank: timing is …?The title question is not quite a Philip K. Dick level inquiry, but I have to wonder if developers have feelings, after noting the resale of the “2,236 sq ft” duplex Manhattan loft #1…
Tagged with: 2009, Duplex, Gansevoort, Garden, Greenwich, New Development, Outdoor Space, Resale, Sponsor, West 13
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