and a willingness to take a hitA quick look at the listing history of the Manhattan loft #7B at 130 West 19 Street (the newly-built-in 2006 Chelsea House) suggests a theme of price right to sell quickly, as it came…
Category: loft neighborhoods chelsea
persistence pays for Chelsea House loft (that, and the right price)
Tagged with: Chelsea House, Conumdrum, Diappointed Seller, Efficient, Fair, Fight, Lehman, Loss, Price Drop, West 19
buying (+ overpaying) next door at 121 West 19 Street loft (Lion's Head, revisited)
talk about e-x-t-o-r-t-i-o-n!Let’s say you wanted to sell your Manhattan loft for $1.3mm but The Market offered no takers when you offered it publicly from February into July 2010. So you take it off the market, tail between your legs.…
white box loft sells for $847/ft at 251 West 19 Street, Manhattan Loft Guy is surprised
staying in ‘project’ modeYet another buy-and-build Manhattan loft that closed recently has caught my eye. Unlike the Manhattan lofts hit this week that were total gut jobs (January 25, 303 Mercer Street loft with nothing but potential sells for $640/ft,…
NY Times loves the architects who (live in +) love lofts / West 15 Street Lego edition
mixing the metaphors, Lego + jigsawPerhaps it is just confirmation bias at work, but I really think the New York Times features a disproportionate number of lofts in it’s feature sections on Thursdays and Sundays. The latest example is the…
Lion's Head penthouse loft closes out of foreclosure (121 West 19 Street) with a 7-figure bank hit
[with Jan 28 postscript]our long national nightmare is overWith the January 6 sale of #PH-E at 121 West 19 Street (The Lion’s Head) for $2,445,810, the most bizarre and longest-running saga of a Manhattan loft in the tenure of Manhattan…
Tagged with: 2005, 2006, Auction, Bank, Foreclosure, Lien, Lions Head, Lis Pendens, Penthouse, West 19
a penthouse premium + a non-comp loft sale at Chelsea Mercantile, 252 Seventh Avenue
relish one, ignore other When the Manhattan loft #PH-L at 252 Seventh Avenue at the top of the Chelsea Mercantile closed on December 16 at $2.416mm for its “1,510 sq ft”, it continued the high-floor-premium trend at The Merc. When…
Tagged with: Arms Length, Chelsea Mercantile, Comp, Family, High Floor, Merc, Penthouse, Premium, Seventh, View
loft that missed The Peak at 30 West 15 Street comes back to sell, modestly but successfully
very quiet local market30 West 15 Street is a classic Manhattan loft building of its type: a handsome 12 story building built about 100 years ago with 21 coop units (converted 1980), and a North unit and South unit on…
Tagged with: 2007, 2008, Alchemy, Comps, Empire State, Neighbor, New Development, Peak, Views, West 15
Heywood loft sale (263 Ninth Avenue) is candidate for strangest sale of the year
not a winner, yet, except in The MarketHaving just done end-of-year posts of personal and reader favorites from the Manhattan Loft Guy 2010 archive, I suppose it is natural for me to react to an odd listing history by wondering…
Tagged with: 2006, Ceilings, Chelsea Mercantile, Heywood, Housing Authority, Light, New Development, Ninth, View, West 26
213 West 23 Street loft takes what the market gives (28% off original ask)
when is a quick sale not a quick sale?To look at the recent marketing history, the Manhattan loft #5N at 213 West 23 Street was a pretty quick sale: to market September 8 at $3.695mm, contract by November 2, sold…
Tagged with: 2005, 2008, Disappointed Seller, Discount, Hiatus, Mcburney, Off The Market, Poster Child, West 23
117 West 17 Street loft flies off the shelf, but was the terrace free?
how quick is Q-U-I-C-K?I generally tell people that the ballpark timing numbers are that it often takes 60 days from contract to closing in a Manhattan condominium, 90 days in a coop, though there are always some that take longer…
Tagged with: Brooks Van Horne, Comps, Modesty, Neighbor, Outdoor Space, Renovation, Secret, Terrace, West 17
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