Froth + Peak + Trough + Thaw need a 5th stepKnowing that the last time the “981 sq ft” Manhattan loft #4C at 245 Seventh Avenue was almost exactly at The Peak of the overall Manhattan residential real estate market,…
Category: loft neighborhoods chelsea
133 West 17 Street loft with open air + potential sells for $1,071/ft
the dog that did not barkSometimes a loft that does not sell tells you something as interesting about the market as a loft that does sell. For Exhibit A, I give you the "1,770 sq ft" Manhattan loft #5C at…
did a Jedi mind trick garner 40% premium over 2010 for a small loft at 107 West 25 Street?
is your coffee fresh?The recent sale of the “1,100 sq ft” Manhattan loft #2C at 107 West 25 Street, which recently sold (with a “400 sq ft” private terrace) at $1.4mm, involves a deceptively complex tale. The complexity will unfold…
Tagged with: 2007, 2010, Broker Babble, Comps, Jedi Mind Trick, Neighbor, Peak, Rational, Renovation, West 25
loft at 245 Seventh Avenue sells at $1,215/ft with very strange wall
a post for floor plan fetishists onlyOf course I will get to the financial and comparative details, but the first thing I looked at for the “2,258 sq ft” Manhattan loft #4B at 245 Seventh Avenue that just sold for…
Tagged with: Chef, Chelsea Mercantile, Closets, Comps, Kitchen, Layout, Neighbor, Renovation, Seventh, Walls
small loft sale at 252 Seventh Avenue is another double-sided bold name transaction
once more into The MercThe New York Observer has the news about a recent sale of a small loft at the Chelsea Mercantile, sold by a photographer to an HBO executive. (I have heard of one half of these bolds,…
Tagged with: Celebrity, Chelsea Mercantile, Comps, Home Office, Layout, Light, Neighbor, New York Observer, Seventh, Views
bold-faced names on both sides of 121 West 20 Street loft sale that beat 2008 by a million bucks
bold numbers are more interestingThere is something extremely weird about the recent sale of the top-floor duplex Manhattan loft #5D at 121 West 20 Street. Not the fact that none of the names printed in the New York Post report…
Tagged with: Celebrity, Comps, Duplex, Ipad, Neighbor, Ny Post, Renovation, Square Feet, Streeteasy, West 20
151 West 17 Street loft sale is a Headscratcher's Special: 5% below 2005
fans of efficient market theory should avert their eyesLet’s stick with John McCain (“The Market is cruel”) another day. In yesterday’s market cruelty or mean streets? gut renovated sundrenched 347 West 39 Street loft closes at $675/ft, unadjusted for terraces,…
more developer's remorse: scooped by Curbed over 246 West 17 Street loft resale +89% in 3 years
no blogger’s remorse, howeverHow’s this for a Bright Shiny Object? The “1,717 sq ft” Manhattan loft (with a “321 sq ft” terrace) #1C at 246 West 17 Street recently sold at $2.55mm after having been sold in 2009 by the…
Tagged with: 2008, 2009, Bottom Feeding, Contract, Discount, Down Payment, Haircut, New Development, Sponsor, West 17
agent sells Chelsea Mercantile loft from San Francisco
even north is a happier faceYou need to do some extra clicking on StreetEasy to get the full narrative on the successful marketing campaign that just got $2.2mm for the “1,586 sq ft” Manhattan loft #7G at 252 Seventh Avenue…
Tagged with: Agent, Chelsea Mercantile, Comps, Courtyard, Disclosure, Neighbor, San Francisco, Seventh, Views, Windows
mystery sale at 130 West 19 Street: did Chelsea House private sale leave a bad comp in neighbors’ mouths?
is this sacrilege?This will be short, as it is too late for an old guy to be blogging, but that’s what happens when you run around all day and don’t blog…. Very interesting sale of the “1,250 sq ft” Manhattan…
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