it’s a perennial topic, if also an annual postI came across a post from (yes) One Year Ago on Manhattan Loft Guy and figured it is worth a re-post because Agency Disclosure is an issue dear to me heart…
Month: May 2013
260 Fifth Avenue loft missed opportunity to sell before world found out about nearby development
you do hate to see thatYou will often see a comment on Manhattan Loft Guy to the effect that a seller missed the best opportunity to sell (First Quarter 2008, aka The Peak) by being too aggressive in pricing,…
Tagged with: 2006, Bathroom, Design, Empire State, Fifth, Hotel, Idiosyncratic, Met Life, Staging, View
a tale of two 2nd floor lofts on Thomas Street
one sold, one not It was the best of times for the 2nd floor loft at 86 Thomas Street, as it just sold for $1,325/ft; it was the worst of times for the 2nd floor loft next door at…
Tagged with: Ceiling, Columns, Competition, Kitchen, Layout, Neighbor, Renovation, Thomas, Western Union, Windows
45 Lispenard Street loft takes a year to sell at small discount to ask, 11% premium over Peak
‘tis a puzzlement The Market just loved the “1,800 sq ft” Manhattan loft #5E at 45 Lispenard Street, as we see from the fact that it sold on April 25 at $2.2mm after selling at near-Peak for just $1,988,500.…
Tagged with: Bidding War, Broker Babble, Discount, Empire State Building, Layout, Lispenard, Rational, Square, Views, Windows
diversion for mothers (and mofos) on a beautiful Sunday
(on which it, somehow, forgot to rain) I flagged this item from Gothamist when it was fresh on April 29. Today is a good day for a lovely (they say “phenomenal”) aerial photo of New York City, taken from…
diversion: do we need to see patterns where none exist?
Big Data = opportunities Data are information, not knowledge. The New York Times Well blog post this week (Are ‘Hot Hands’ in Sports a Real Thing) is based on a study of five entire seasons of free throws in…
Tagged with: Basketball, Big Data, Bowling, Diversion, Free Throws, New York Times, Patterns, Statistics, Uncertainty
disappointed seller of 121 West 20 Street loft accepts 25% below first ask
many numbers, just one sale Facts are, of course, facts: the “1,875 sq ft” Manhattan loft #2A at 121 West 20 Street was sold on March 20 at $2.55mm by the guy who bought it 7 years later for…
late original buyer at 415 Greenwich Street flips Tribeca Summit loft for fun and profit
nicely played, sir (& madam); nicely played For people with an ‘investment’ approach to Manhattan residential real estate, this is how it’s done: buy at $3.35mm, sell 14 months later at $4.085mm. Everyone would do that if they could,…
Tagged with: 2006, 2008, Comps, Flip, Greenwich, Neighbor, New Development, Risk, Sponsor, Tribeca Summit
very patient (and secretly negotiable) famous seller finally sells 497 Greenwich Street loft at 17% discount
why do people do that? The seller of the “1,661 sq ft” Manhattan loft #6B at 497 Greenwich Street (the Winka Dubbeldam-designed Greenwich Street Project) told The Market she wanted $2.35mm, but when push (eventually) came to shove she…
330 Spring Street loft sells near par from 2006 (an improvement)
celeb buyer does the deed Don’t you get tired of this relentless seller’s market stuff, with lofts closing higher, higher, and higher? My buyers certainly do! So this post is for them (and, perhaps, you), recounting the details of…
Tagged with: Bidding War, Celebrities, Ear Inn, Philip Johnson, Protest, Sanitation, Spring, Stubborn, Urban Glass House, View
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