once more into The MercThe New York Observer has the news about a recent sale of a small loft at the Chelsea Mercantile, sold by a photographer to an HBO executive. (I have heard of one half of these bolds,…
Year: 2012
small loft sale at 252 Seventh Avenue is another double-sided bold name transaction
Tagged with: Celebrity, Chelsea Mercantile, Comps, Home Office, Layout, Light, Neighbor, New York Observer, Seventh, Views
more than 18 months to contract for 377 West 11 Street loft
only 2 price changes, less than 10% totalYou’d think that a Manhattan loft on the market from August 2010 into 2012 would need more than a 10% price drop to sell(if you are like me, that is.) I still think…
Tagged with: Competition, Comps, Kitchen, Mezzanine, Neighbor, Patience, Price Drop, West 11, West Village, Windows
bold-faced names on both sides of 121 West 20 Street loft sale that beat 2008 by a million bucks
bold numbers are more interestingThere is something extremely weird about the recent sale of the top-floor duplex Manhattan loft #5D at 121 West 20 Street. Not the fact that none of the names printed in the New York Post report…
Tagged with: Celebrity, Comps, Duplex, Ipad, Neighbor, Ny Post, Renovation, Square Feet, Streeteasy, West 20
hard to comp loft at 115 Mercer Street closes up 10% over 2007 sponsor sale
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,…
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
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