… it does not countI was amused by a four-fold increase in value when I reported on April 16 about a Tribeca loft March 2010 resale (139 Reade St closes up 400%), but that one had last sold in 1994.…
Category: loft neighborhoods noho
'tis a puzzlement / moving upstairs at 644 Broadway
comp analysis is screwed, perhapsI have been going back over Manhattan loft closings to update my Master List of loft closings (I have only about 8 weeks of closings left to do … this is hard). [Click here for…
loft developer in default at 654 Broadway
crunched by numbersNot a pretty story reported in The Real Deal (last Friday, on line) about a Manhattan loft developer default, CIT Group sues for $12M at Noho condo site. I don’t have a lot of any experience running numbers…
did a jazz fan or a muppet maniac buy Mingus's place at 5 Great Jones Street?
cue Cindy Adams(That’s for "only in New York, kids"….) The Manhattan loft #2 at 5 Great Jones Street was marketed for its character ("authentic artist" loft, 14 foot tin ceilings) and its provenance ("[o]nce the home of Jazz great Charles…
Tagged with: Artist, Big Bird, Closed Sale, Comps, Curbed, Great Jones, Jazz, Love, Mingus, Sesame Street
didn't build it, but they came to 21 Bond Street at $692/ft
seek and ye shall findYesterday’s post, if you don’t build it will they come? buy + build opportunity, posited that $830/ft was not likely to get a deal done for a Manhattan loft that needed a build-out because other ‘finished’…
what a difference a year (and a view) makes, as 161 Grand Street closes
then v. now, spectacular v. move-in, view v. not-so-muchThe Manhattan loft #4B at 161 Grand Street closed last week for $1.71mm after a relatively brief (successful) campaign. This "1,831 sq ft" "beautiful and spacious" loft was marketed as being in…
perfectly bad timing for 19 Bond Street to flip
in this one of the 8 million stories, June 2008 less 14% = April 2009The Manhattan loft #2A at 19 Bond Street is one of those poster children. In fact, it is at least two of those poster children. The…
Tagged with: None
price of 'museum quality' in Noho = $1,000/ft / 644 Broadway closes quickly
no dithering hereIn the (entirely fictional) Manual of Style for real estate agents, the phrase "museum quality" is used because (I guess) "quadruple mint" just does not zing. (The fact that few people actually want to live in a museum…
Tagged with: broadway, Ceiling, Comps, Discount, Museum Quality, Negotiation, Renovation, Sale, Windows
10 Bleecker remarkable space holds value remarkably well
as B goes, so goes AYou might look at the successful 9 day marketing campaign (NINE DAYS!) a year ago of the Manhattan loft #7B at 10 Bleecker Street as a marvel of timing, in the sense of how marvelous…
716 Broadway closes after (count 'em) 126 weeks
to brag, or not? and about what? The Manhattan loft on the 2d floor at 716 Broadway boasts of many things: views of Washington Square Park, 13 foot ceilings, "huge" private terrace, and mahogany woodwork. They may not…
Tagged with: Artist, broadway, Classic, Closed, Nyu, Price Drop, Second Floor, Square Feet, Terrace, Washington Square
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