dramatically different dynamics result in regressionWhen the duplex Manhattan loft with private roof deck #PH-C at 808 Broadway sold on October 1, 2007 it was the belle of its ball, sparking a bidding war to close at $1,987,000, a 5%…
Category: loft neighborhoods east villag
808 Broadway penthouse loft lost 15% of value since 2007
Tagged with: 2005, 2007, broadway, Ceilings, Cooper Square, Lofted, Nursery, Outdoor Space, Rental, Renwick
dream renovation adds 50% to 39 East 12 Street loft
if you build it …The petite Manhattan loft #307 at 39 East 12 Street (University Mews) traded four years ago as a build-your-dream loft for $850,000 then again (dream realized!) on May 10 at $1.25mm. I suspect that the dream…
111 Fourth Avenue lofted loft gains 12% since 2007 sale
if you build it (up), they will comeOffhand, I can’t recall a more bullish Manhattan loft resale than that of #6B at 111 Fourth Avenue, which closed on April 7 at $750,000 after having been purchased on October 27, 2007…
48 East 13 Street mint loft goes for $866/ft
is the (missing) 2nd bathroom so valuable?I am having some trouble with the last two sales in the Manhattan loft building at 48 East 13 Street. The “2,250 sq ft” #9B sold on October 27 for $2.85mm, but the “1,500…
28 East 4 Street loft closes up 9% over 2006, at 5% discount to ask
what took so long?Can we agree (just between us) that a Manhattan loft that sells at a 5% discount from first listing price has been priced right? Can we also agree that a Manhattan loft that has not sold or…
The Market corrects a Cast Iron loft over-correction, as 67 East 11 Street loft sells above (reduced) ask
Aphorisms ‘R UsStop me if you have heard this before: if a seller sets a price that is ‘too low’ The Market has an opportunity to fix that price. When the little (“710 sq ft”) Manhattan loft #411 at 67…
Tagged with: Cast Iron, Comps, Correction, East 11, Efficient, Neighbor, Outdoor Space, Poster Child, Small Loft
how much were those roof terraces worth when 211 East 2nd Street loft sold?
probably $400,000 (but let’s see the math)When the Manhattan loft on the top of 211 East 2nd Street sold on March 15 at $2,122,500 (the last 6th floor / penthouse listing is here, but the prior one with surviving pictures…
market changes, personified by 67 East 11 Street loft sale
a warm welcome for another poster child, please!When the Manhattan loft #711 at 67 East 11 Street (the Cast Iron Building) sold on March 17 for $760,000 to earned Manhattan Loft Guy poster child status, with a caption “into (and…
Tagged with: Cast Iron, Comps, Duplex, East 11, Efficient, Neighbor, Outdoor Space, Penthouse, Poster Child, Roof Deck
why did Carl Fischer loft re-sell at 62 Cooper Square for +21% over 2008?
do my questions suggest I am getting dumber?I can’t say that I really enjoy taking note of things that happen in the Manhattan real estate market that I don’t understand, but they do interest me. I hit one such interesting…
79 East 2 Street loft sells +57% in 19 months with same floor plan, different skin
selling design to a designer, dearlyThe Manhattan loft on the 3rd floor at 79 East 2 Street got a lot of press last week because of the celebrity buyer and celebrity seller, as well as because of the spread the…
Tagged with: Celebrity, Cemetery, Coldplay, Designer, East 2, Hells Angels, Music, Renovation, Resale, Square Feet
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