a reader writes with the back storyI am a lucky Manhattan Loft Guy, lucky to have readers who email not only with suggestions about future posts but who also include a behind the scenes back story. The late-breaking public news…
Month: August 2012
WOW, indeed: “wow factor” loft at 66 Crosby Street has late bidding war to close up 60% over 2006
I [heart] Lofts Week continues….Yes, I was a little over the top yesterday in my praise for the (mini) loft that sold at an astounding (for the building) price per foot (that was August 29, unique loft at 236 West…
unique loft at 236 West 26 Street bends the market by selling well above comps
the beauty that got awayThe recent sale of the (not really) “1,288 sq ft” Manhattan loft #10SE at 236 West 26 Street in the Chelsea Capitol is both near and dear to my heart (and to one of my buyers) and…
Tagged with: Broker Babble, Capitol, Comps, Finishes, Neighbor, Overpay, Rational, Renovation, West 26, Windows
415 Greenwich Street loft resale clobbers sponsor at Tribeca Summit, nears record
this may stingThe recent sellers of the “2,318 sq ft” Manhattan loft #3A at 415 Greenwich Street in the 2008 new development Tribeca Summit must have been paying attention. They no doubt noted the two most recent sales in the…
Tagged with: 2008, Comps, Greenwich, Neihgbor, New Development, Rational, Record, Sponsor, Tribeca Summit, Upgrades
Sunday diversion into one of the meccas of college football, but not why you think
making progress, pilgrim?I long ago gave up on college football as a source for entertainment, not merely because my alma mater was more famous in my day for losing football (not in my day as bad as this 1994-2000 streak,…
confusing loft at 133 West 14 Street sells 5 years to the day, up 24%
follow the bouncing ball, into the weedsIf there were a real Multiple Listing Service in Manhattan, it would be easy to figure out what happened to the “1,600 sq ft” Manhattan loft that sold a little while ago. With that…
Tagged with: Data, Listing Data, Miller, Mls, New Dvelopment, Penthouse, Property Shark, Riffing, Streeteasy, West 14
8 Warren Street loft buyer completes 2nd floor set at record prices
2011 at $1,302/ft, 2012 at $1,395/ft, with (probably) no change in market conditionsThere is a very simple reason the “1,932 sq ft” Manhattan loft #2E at 8 Warren Street (Trinity Stewart Condominium) sold quickly at the full asking price, and…
Tagged with: 2008, Coms, Extortion, Neighbor, New Development, Next Door, Resale, Trinity Stewart, Unique, Warren
did American Thread loft at 260 West Broadway sell on a formula in private sale?
or, do you believe in coincidence?I am always intrigued by private sales of Manhattan lofts, wondering whether they represent true arm’s-length transactions at The Market, or whether they should be ignored (and left off the Master List of Manhattan Lofts…
Tagged with: 2007, American Thread Company, Apartment, Comps, Neighbor, Peak, Photographer, Prewar, Private, West Broadway
New York Observer observes loft sale at 165 Duane Street but does not like lofts
or follow Manhattan Loft GuyAt least two things did not impress the New York Observer about the recent sale of the “1,550 sq ft” Manhattan loft #3D at 165 Duane Street: that it garnered a gain of only 10% from…
Tagged with: 2007, Broker Babble, Comps, Duane, Kitchen, Neighbor, New York Observer, Observer, Peak, Renovation
240 West 23 Street penthouse loft sales illustrates trough, with a bonus anomaly
(not that you need another illustration)Regular readers of Manhattan Loft Guy don’t really need to be reminded that the overall Manhattan residential real estate market has seen a cycle of Froth + Peak + Trough + Thaw (+ Rebound) since…
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