Month: December 2012

Saturday diversion from hell

words failI don’t have the wisdom to say anything useful on this, still being numb from yesterday’s gun tragedy in Newtown, Connecticut, so I will simply provide someone else’s wisdom about how to talk to young children about violence. This

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Chelsea Merc neighbor loft at 245 Seventh Avenue sells at $1,284/ft

across the great divideYes, gentle reader, Manhattan Loft Guy has a thing for the Chelsea Mercantile, the turn of the century condo conversion at 252 Seventh Avenue. (There are 22 Manhattan Loft Guy posts tagged “Chelsea Mercantile” going back to

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1 year, 2 contracts to resell 90 William Street loft unfairly, off slightly since 2008

sticking with the odysseysHave I mentioned recently that The Market is not fair? You’d have to have read between the lines of yesterday’s post (December 12, 6 prices, 13 months to contract for 107 West 25 Street loft) about a

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6 prices, 13 months to contract for 107 West 25 Street loft

a busy little buildingOne of these days I am going to get to drafting a post about the bidding wars I have observed with buyer clients and on the Master List of Manhattan Lofts Sold Since November 2008. But that

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a staging coup: did selling the kitchen of 42 West 13 Street loft work better than selling the terrace?

2 fine features, 2 very different outcomes, 1 obvious reasonThis one is for all you folks who doubt that staging a loft for sale can be proven to lead to an increased value. The natural world rarely provides such a

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no view needed to sell small 252 Seventh Avenue lofts at $1,339/ft, or at $1,593/ft

back to the Loft Lab that is the Chelsea MercantileIn my December 3, how to value light without also valuing views? The Miller gives it a shot, NY Magazine gives it a forum, I wondered just how many Manhattan lofts

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12 days to contract 8% over ask at 284 Lafayette Street loft with 8 skylights

zoom!I included a shout-out to the “3,000 sq ft” Manhattan loft #6D at 284 Lafayette Street, in my recent post about a total gut job opportunity at the other end of Soho (December 5, if gut renovation loft at 33

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158 West 23 Street loft zooms more slowly through market

the real story is the 2007 contextYesterday it was 17 days to contract 8% above the ask at the top of Soho (December 7, 12 days to contract 8% over ask at 284 Lafayette Street loft with 8 skylights); today

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if gut renovation loft at 33 Greene Street went for $1,188/ft the roof rights were free

playing with numbersWhat is your guess as to what a $4mm buyer would pay to gut renovate a ”3,200 sq ft” classic Soho loft? Let’s say a minimum of $250/ft for ballpark purposes, so figure that the recent buyer of

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how to value light without also valuing views? The Miller gives it a shot, NY Magazine gives it a forum

another riffing opportunity is born In the reality-based Manhattan residential real estate world inhabited by The Miller, questions such as “how do you value the difference in light between different units, without considering differences based on view?” have at least

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