did you see this yet? Chances are, you saw something on the inter-tubes about the older guy in the yarmulke on the Q train who let a younger black guy in a hoodie stay asleep on his shoulder. After all,…
Year: 2013
Keystone Loft at 38 Warren Street pushes the envelope, envelope opens
will this sale re-set values in this 2002 south Tribeca loft conversion / expansion? The last time I hit a loft sale in the Keystone Building at 38 Warren Street (March 13, Keystone loft at 38 Warren Street sells up…
$146/ft for a “minimal” “gut” renovation of Orchard Street loft featured in the New York Times
loving the people who love Manhattan lofts, and the lofts they love Did you see the On Location feature in today’s Home & Garden Section of the New York Times? If you did, I hope it made you smile. Here’s…
Tagged with: Beams, Brick, Ceiling, Columns, Flooring, Kitchen, Layout, Lower East Side, New York Times, Orchard, Renovation, Tin Ceilings, Windows
288 West Street loft up 11% over 2011 instead of 15%
does the Index owe this Tribeca loft $90,000? You know I do this only in part to remind you, gentle readers, and more so to remind me: the StreetEasy Manhattan Condo Index is a tool (a very useful single-number tool)…
Tagged with: 2011, Beams, Broker Babble, Celebrities, Columns, Comps, index, movie star, Neighbor, Renovation, River, Statue Of Liberty, Streeteasy, Views
should 80 Chambers Street loft be embarrassed? (resells over ask, but only 6% over 2006)
no reason to anthropomorphize Manhattan lofts Silly me: no, the “1,056 sq ft” Manhattan loft #11B at 80 Chambers Street should not be embarrassed because it sold for only 6.3% more last month than it sold for in May 2006,…
why not? Chelsea Mercantile loft with forever views sells for $2,336/ft
quality sells, Chelsea brand name loft conversion, too; and views! Don’t take my word for it (I will prove it down below), but there are not many Manhattan lofts that re-sell at or above $2,000/ft, even before adjusting for outdoor…
diversion is about America’s greatest game
(and some lovely writing) I’d never heard of Jordan Ellenberg (a professor of mathematics at the University of Wisconsin) before reading a lovely little piece he wrote on Slate, but I will try to pay enough attention hereafter you be aware…
original owner finally sells 255 Hudson Street loft, plays nicely with StreetEasy Index
Sandy Mattingly
Posted in loft neighborhoods soho, pricing analysis, psychology of the market
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4 events in the life of a Soho loft, 2 non-sales, 2 are sales The “1,174 sq ft” Manhattan loft #5E at 255 Hudson Street at the bottom of Soho has been around for less than 8 years, but it…
Tagged with: 2006, 2007, 2008, Comps, Layout, Long And Narrow, Neighbor, Price Discovery, streeteasy index, View
“efficient market” loses out to actual seller and actual buyer of 76 Madison Avenue loft
Sandy Mattingly
Posted in loft neighborhoods nomad, pricing analysis, psychology of the market
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market extrapolation can be hard, but this loft sale comp is a non-sale of same loft Stop me if you’ve heard this before: an “index” is a proxy for The Market, just as a market report is a summary of…
Tagged with: Broker Babble, Comps, efficine market, Madison, Neighbor, Small Loft, Square Feet, Tenant, Theory
for variety, 123 Baxter Street loft sells down 5% over 2008
Sandy Mattingly
Posted in loft features outdoor space, lofts in other neighborhoods, market data aggregators, market trends
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not all Manhattan lofts are from Lake Wobegon Just as the mirror has two sides, the loft niche in the residential real estate market in Manhattan has many sides. Some are above-average, and those sales that outperform The Market and/or…
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