living to riffOne of my favorite types of Manhattan Loft Guy posts involves looking at the impact of outdoor space on a given Manhattan loft sale; if I don’t always link to The Mother Post of that type (the may…
Year: 2012
Petersfield penthouse loft sells with … er … very valuable private roof deck at 115 Fourth Avenue
Tagged with: Ballpark, Comps, Fourth, Miller, Neighbor Holiday, Outdoor Space, Petersfield, Roof Deck
40 Mercer Street news: nothing says successful new development like a 7-figure gain since 2007
nothing to sneeze at hereIt is impressive that the “1,745 sq ft” Manhattan loft #21 on the 5th floor at 40 Mercer Street just sold at a gain of $800,000 over the 2007 sponsor sale, of course. How much more…
Tagged with: 2007, Agent, Comps, Exposure, Floor Plan, Layout, Mercer, Neighbor, New Development, Resale
playing with 475 Broadway loft comp that is up +58% over 2004
right facts and wrong facts; helpful facts and distractionsI’ve been having a running conversation with a very savvy client about values in Soho, including market trajectory currently and in recorded history. He is wondering about a classic Soho loft that…
25 West 15 Street loft with unusual layout + funky colors closes at rough parity with downstairs loft
fresh nearby comps should be easier to applyI bet that the walls in the “1,800 sq ft” Manhattan loft coop on the 7th floor at 25 West 15 Street have been where they are for 20+ years. The floor plan…
Tagged with: Colors, Comps, Kitchen, Layout, Light, Longandnarrow, Neighbor, Renovation, Skylight, West 15
Sunday diversion / good baseball numbers
use your power for good, not for evil (or boredom)Baseball stat geeks are sometimes boring, sometimes stupid as well as trivial (as in “Johnny Littlebat is hitting .350 in Tuesday day games, but at .180 he can’t buy a hit…
Chelsea House loft re-seller takes 51 weeks to get 7.5% discount, closing pennies below 2007 purchase
the birthday was a happy oneBy the time the sellers of the “1,250 sq ft” Manhattan loft #9F at 130 West 19 Street (Chelsea House) blew out one candle, the loft had been in contract for 5 days, so the…
Tagged with: 2006, Apartment, Chelsea House, Efficient, Floor Plan, Layout, New Development, Rational, Resale, West 19
Collect Pond loft at 366 Broadway sells at $918/ft after missing The Peak
going emo on a business transaction There’s a mild puzzle in the recent sale of the “1,872 sq ft” Manhattan loft #3B at 366 Broadway (Collect Pond House) at $1.72mm, as it sounds like a beautiful loft that went for…
Tagged with: broadway, Collect Pond, Comps, Conundrum, Diappointed Seller, History, Mint, Neighbor, Peak, Renovation
the Warburg guy wants to take the Dual out of Agency in Manhattan residential real estate
I applaud Fred (if I may be so familiar)Long-time Manhattan Loft Guy readers know that the subject of New York State agency law and required disclosures is near and dear to my heart (links below). Not many agents share that…
telltale $9 shows bidding war for 100 Hudson Street loft
seriously: what’s so special here?The fact that the “1,080 sq ft” Manhattan loft #8E at 100 Hudson Street recently sold with the last digit being “9” tells you that the loft almost certainly sold after a bidding war; that the…
MLG fave loft at 130 West 17 Street again shatters expectations, sells 1.7% above Peak
non-commodities can be hard to valueit is a good thing I am not sensitive, because I have once already been surprised by the clearing price of the recently re-sold “2,150 sq ft” top floor Manhattan loft #9S at 130 West…
Tagged with: 2008, Aggressive, Comps, Efficient, Field Of Dreams, Neighbor, Renovation, Roof Rights, Square, West 17
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