fun with compsI love that the “1767 sq ft” Manhattan loft #4B at 120 West 18 Street was marketed as “this is not a ‘view’ apartment” (except for that “apartment” thing, of course) because it so beautifully and simply manages…
Year: 2012
did neighbor overpay for 381 Broome Street mini-loft due to light, or was it extortion?
Manhattan Loft Guy worries, so you don’t have toThe “653 sq ft” (very) mini-loft #6F at 381 Broome Street just sold for $850,000 in a private sale, yet the last resale in the building was #2F (with the identical floor…
Tagged with: 2004, Broome, Combination, Comps, Extortion, Little Italy, New Development, Nieghbor, Premium, Unique
sidewalk sale at 130 Watts Street comps very, very strongly to Peak loft sale
is street access a plus or minus?You see some fancy-schmancy Tribeca loft conversions that include a “townhouse” component, one or more (usually more) duplex or triplex units with direct access from the sidewalk, often in addition to direct access from…
Tagged with: Amenities, Comps, Longandnarrow, Neighbor, Nofrills, Peak, Sidewalk, Street Access, Townhouse, Watts
late to the diversion / birthday edition
let’s do thisIt has been a busy day, so I am late to getting a Sunday diversion up on the blog. Last year I did the obvious (linked to the Gettysburg Address). Remarkably, the Second Inaugural Address, delivered on March…
this weekend diversion is Linsane, of course
no choiceIs there a bigger internet sensation this week than Jeremy Lin? And not just from the New York media. Not that I generally have my finger on the cultural pulse of the nation, but it feels inevitable that Manhattan…
Tagged with: Basketball, Culture, Daily News, Diversion, Harvard, Internet, Jeremy Lin, Knicks, Sports Illustrated
55 Liberty Street loft sells at $785/ft, up (only) 8% since 2004
an acquired taste, acquired slowlyI get it that the downtown-est part of downtown Manhattan is not a hot hot hot area for residential sales (lofts or otherwise), but the Greater FiDi has seen a lot of new condo and rentals…
Tagged with: 1980, 2004, Downtown, Fidi, Liberty, Liberty Tower, Light, New Development Architect, Value, Views
130 West 17 Street loft flies through market, beating (my) expectations
… and sometimes the bear gets youHave I mentioned recently that comping is hard? Or that (prospective) valuations are matters of opinion? (As are, in fact, sale prices, but at least with those you have two people agree.) When my…
nightmare scenario for lofts at 7 East 13 Street, as New School construction allegedly destroys building
another small building risk, embodiedWhat if you paid $8mm for two Manhattan lofts in a new 7-unit condo conversion in 2007 and with a 16-story university building under construction next door, found that the building was settling and your walls…
Tagged with: 2007, Construction, East 13, Fifth, Greenwich, Lawsuit, New Development, New School, Small Building Risk, Zinc
back story on celebrity Noho loft purchase at 10 Bleecker Street is about the sellers
numbers v. namesThe big story in this report in The Observer last week about the sale of the “2,500 sq ft” Manhattan loft #3A at 10 Bleecker Street (aka “#3F”) for the full-ask $3.25mm was the identity of the celebrity…
Tagged with: 2007, Agency, Babble, Bleecker, Disclosure, Fiduciary, Noho, Renovation, Serial Renovators, Village
loft seller massively resets expectations to sell 41% off post-Peak request at 561 Broadway
an attitude adjustment measured in 7 figuresSometimes the most interesting thing about a Manhattan loft sale is not a sales price but an asking price. In the case of the “2,200 sq ft” Manhattan loft #5A at 561 Broadway (the…
Tagged with: Architect, Attitude, broadway, Expectations, Gut, Note To Self, Opportunity, Primitive Windows, Renovation, Singer
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