tangled webs woven by Manhattan Media wing of the Real Estate Industrial Complex I’d like to think I’m more a skeptic than a cynic, as I habitually click through background data to better understand newspaper (or other) stories about real…
Year: 2018
weird fluff piece: “flip queen” may have actually lost money for mother-in-law
Tagged with: Bushwick, Closing Costs, Flipping, Jonathan Miller, Light, Ny Post, Outdoor Space, Renovation, Roof Deck, Views
Chelsea loft owner loved renovation more than The Market did
4 years later, $1.4 million off … oof! From all appearances, the “2,250 sq ft” duplex Manhattan loft 263 Ninth Avenue #PHD (The Heywood) is a beauty, with a name-checked architect and designer and enthusiastic broker babbling full of proper…
Tagged with: 2014, 2015, 2016, 2017, Chelsea, Comps Neighbor, Jonathan Miller, Ninth, Outdoor Space, Penthouse, Terrace
small Chelsea lofts with height ceilings use high in different ways
which do you prefer: volume or storage or …? The “800 sq ft” Manhattan loft #9J at 148 West 23 Street (Chelsea Mews) that just sold for its (reduced) asking price of $950,000 boasts of “grand ceiling heights” (later described…
Tagged with: Broker Babble, Ceilings, Empire State Building, Finishes, Kitchen, Light, Mezzanine, Neighbor Comps, View, West 14
unique lofts like penthouse at edge of West Village are hard to comp
comping is, of course, hard, yet harder for some lofts than for others The word “unique” is vastly over-used in Manhattan real estate broker babble, where grammar misdemeanors can modify that word in ways that can be aggravating. I have…
Tagged with: Broker Babble, Ceilings, Comps, Duplex, Floor Plan, High Ceilings, Mezzanine, neighbor 14 street, Outdoor Space, streeteasy index, Terrace, West Village, Windows
Tribeca penthouse loft sells at 81 White Street with 3 free terraces
(bear with me, I’ll explain) Until recently, the last loft to sell in this small (6-unit) condo loft conversion in way east Tribeca was the “2,563 sq ft” second floor at 81 White Street, which closed for $3.29mm in April…
Tagged with: 2015, Comps, Comps Neighbor, High Ceilings, Jonathan Miller, Light, Outdoor Space, rational market, Streeteasy, Terrace, White Street
seller of Flatiron loft believes Manhattan loft market is not rational
I have to agree, and sympathize When the owner of the “2,352 sq ft” second floor loft at 26 West 20 Street brought his “estate condition”, “[b]ring your architect and contractor” property to market in February 2017, he had a…
Tagged with: Ceilings, Efficient Market, Gut, Long And Narrow, Neighbor Comps, rational market, Renovation, Small Building Risk, Thin Market, West 20, Windows
Noho loft sells at $2,077/ft, all about the Noho street scene
second floor lofts can bring the outdoors indoors Not everyone wants to live right above the street. The “1,367 sq ft” Manhattan loft #2A at 17-19 Bond Street appeals to that subset of downtown Manhattan loft buyers for whom being…
Tagged with: Artist, Artist In Residence, Bond, Daytonian In Manhattan, Kitchen, Minimalist, Second Floor, View, Windows
do you prefer a Chelsea loft with light or a patio?
Campiello Collection loft pair says The Market wants the patio The “1,524 sq ft” ground floor loft #1H at 151 West 17th St (in the Campiello Collection) that sold last week for $3.2mm did so for one reason: the “789…
Tagged with: Broker Babble, Campiello Collection, Comps, Garden, Jonathan Miller, Neighbor, Outdoor Space, Patio, Profit, sunlight, West 17
Tribeca penthouse loft seller takes 30% off to sell
two half-million dollar price drops get it done The owner of the “2,015 sq ft” loft #10D at 25 Murray Street (Tribeca Space) that sold on October 16 had a rather optimistic but decidedly disciplined approach to pricing this duplex…
Tagged with: ceiling height, Comps, Halstead, Jonathan Miller, Murray, Neighbor, Penthouse, Spiral Stair, Streeteasy, Terrace
lure of the great outdoors drives value of Soho penthouse loft at 118 Wooster Street
it ain’t the ‘needs updating’ condition The “1,238 sq ft” (interior) loft #6B at 118 Wooster Street in the heart of Soho that just sold for $2.45mm didn’t sell because of the quality of the interior space. Although there’s a…
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