Month: November 2014

lovely, but … Chelsea loft at 236 West 26 Street sells TWENTY-FOUR PERCENT above ask

(sometimes, you have to shout about Manhattan loft sales) The Capital at 236 West 26 Street is a fairly mature coop, having been converted in 1984. There are some quirks (commercial lofts mixed with residential units; odd numbering conventions for

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , , , , ,

The Market has its way with “above ask” Tribeca Space loft sale, as is its wont

who was responsible for pricing strategy of loft at 25 Murray Street? Uncharacteristically, let me cut to the chase: yes, the “1,395 sq ft” Manhattan loft #4K at 25 Murray Street (Tribeca Space) earned the coveted green cell background on

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , , , ,

necessity, that mother, yields strange floor plan for 39 Worth Street loft

not necessarily an inspired invention for this Tribeca loft, but interesting For having a footprint that is a classic Long-and-Narrow (maybe 23 x 85 feet, with a cut-out for the elevator and building stairwell, windows front and back), the floor plan of

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , , ,

how much money earned by floating floors, dropping ceiling of 200 Mercer Street loft?

but why do it if you can’t (or won’t) enjoy it? The folks who bought the “2,246 sq ft” Manhattan loft #2E at 200 Mercer Street in October 2012 for $1.875mm with a very problematic layout gave a great deal of thought

Posted in loft neighborhoods village Tagged with: , , , , ,

fraternal twin lofts across Harrison Street sell on same day for $3mm + a few bucks less

if one loft sale on this cozy Tribeca block is rare, what of two? “Rarely does anything turnover on Harrison Street” has a nice ring to it, and it is well within bounds for graded-on-a-curve broker babble. But when babbled

Posted in loft neighborhoods tribeca Tagged with: , , , , , , , , , , , , , , , , ,

motivated Chelsea House seller holds firm after 10 prices in 4 months

every Manhattan loft seller has a limit One way to determine if an-owner-with-a-listing really really really wants to be a “seller” is the degree to which the seller owner is willing to drop the asking price in response to market

Posted in loft neighborhoods chelsea Tagged with: , , , , , , , , ,

Soho (former) artist loft with (current) artist’s floor plan sells for $1,324/ft

finishes upgraded from ‘classic artist’s’ since 1970s; floor plan, not so much Although the “1,850 sq ft” Manhattan loft #7C at 141 Wooster Street was marketed as an “Original Soho Artists loft available for the first time since the 1970s”

Posted in loft neighborhoods soho Tagged with: , , , , , , , , , , , , ,

Tribeca loft sale at $432/ft shows 7-figure discount for rent stabilized tenant

investing in occupied Manhattan lofts is not for the faint of heart The recent sale of the  “1,875 sq ft” Manhattan loft on the 4th floor at 158 Franklin Street was arm’s length, after being publicly marketed. (It came out

Posted in loft neighborhoods tribeca Tagged with: , , , , , , ,