can we just put them in red?One of the major challenges with considering market values of Manhattan loft (whether you are an agent representing a seller, a buyer, or one of the many interested bystanders), is figuring out which sale…
Year: 2012
loft at 4 West 21 Street an outlier, closes 9% off 2006
Tagged with: 2006, 4w21, Den, Floor Plan Efficient, Maintenance, New Development, Operating Budget, Paired Resale, Resale, West 21
motivated seller sells classic Soho walk-up loft barely above 2005 at 477 Broome Street
the proof is in the askThe seller of the very well-dressed but also well-staired “982 sq ft”* Manhattan (mini) loft #34 at 477 Broome Street proved she was motivated by asking for a modest premium over the price she paid…
Tagged with: 2001, 2005, Broome, Conventional Wisdom, Discount, Miniloft, Paint, Renovation, Stairs, Walkup
195 Hudson Street loft takes deep haircut to close up 385% (since last century)
speaking of low-balls …Since the “2,325 sq ft” Manhattan loft #3D at 195 Hudson Street recently sold at $2.85mm after having been asking $3.5mm, you have to wonder just how low that negotiation started. A negotiated discount of 18.6% implies…
Tagged with: Bidding, Comps, Discount, Floor Plan, Glass Walls, Hudson, Low Ball, Negotiation, Neighbor, Renovation
a non-Easter diversion worthy of Easter
or, today in kidney transplant newsThis quote is from a New York Times piece in yesterday’s paper that has nothing to do with Easter, or with religion, except that it is intensely apropos for me today, before I head out…
NY Times on Chelsea penthouse leads me to wonder “what is a loft”?
structural columns, open space, big windows are not enoughLong-time Manhattan Loft Guy readers know that I am a loft snob, yet that I recognize that there is no universal definition (that I am aware of, at least) as to what…
Tagged with: Architect, Chelsea, New Construction, New Development, Penthouse, Piedatierre, Renovation, Taxonomy, West 19, West 22
testing a media meme in the Manhattan loft lab: low-balling and the too-low offer
your Real Estate Industrial Complex, Media Division, at workI don’t have time to find other examples, but I am pretty sure I have seen elsewhere in the Manhattan residential real estate media / blogosphere / twitterverse a comment to the…
Tagged with: Bidding, Discount, Low Ball, Media, Meme, Miller, Real Estate Industrial Complex, Spread, The Real Deal
OYATOMLG / 714 Broadway loft sale provoked on size, bidding wars, Peak values
a rich brewIt has been a while (yes, another Note To Self … reminder) since I have done any look-back posts, dipping into the Manhattan Loft Guy archives for posts that are one (OYATOMLG), two (TYATOMLG), or more years old…
Tagged with: Bidding War, broadway, Days On Market, Doover, Fight Or Flight, Gut, Nuclear Winter, Oyatomlg, Peak, Renovation
7-figure discount gets 15 Union Square West loft sold after 3 years
reading the writing on the (glass) wallsI checked via The Google: although the duplexed “2,282 sq ft” Manhattan loft #3D at 15 Union Square West is the 7th loft in this oh-so-luxe 36-unit condo conversion to close below my $5mm…
Tagged with: Castiron, Ceilings, Conversion, Duplex, History, New Development, Tiffanys, Union Square, Union Square West, Windows
strong loft resale at Lion's Head is +8% over 2007 resale
hello, old friendI will note below at least some of my posts about the Lion’s Head Condominium lofts at 121 West 19 Street in Chelsea, which has long been a Manhattan Loft Guy favorite. Manhattan residential real estate fans will…
Tagged with: 2006, 2007, Cabinet, Comps, Custom Woodwork, Lions Head, Neighbor, Paired Resale, Sponsor, West 19
“price floors”: the staggering stupidity of some coop boards
a good topic for April foolsIt is not an especially fresh story, but some Manhattan residential real estate stories are timeless in a I can’t believe this comes up again kind of way. The New York Daily News ran a…
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