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…
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…
2 Soho lofts took a week to contract just under $6 million Two large lofts on the same Soho block closed a day apart at very similar price points and very similar trajectories: the “2,964 sq ft” loft #4B at…
if The Market doesn’t make mistakes, how to explain this Soho oddity? It is a truism that the sales price of a publicly marketed Manhattan loft is The Market, assuming there is the classic willing buyer and willing seller, neither…
unique buyers make deals with unique sellers, market trends be damned You can tell pretty easily that the recent sellers of the “3,963 sq ft” Manhattan loft #402 at 500 Greenwich Street were rather disappointed to have sold their oh-so-classic…
comping is (still) hard in the Manhattan loft niche You can’t have a much more stark comparison between two lofts in the prime Manhattan loft neighborhoods than two approximately 2,000 sq ft lofts that sold on the same day, both…
to create an authentic classic from a near-wreck is not cheap, but it can be profitable Let’s say the interior of the recently sold (at $2.935mm) just-barely-Soho loft on the 6th floor at 8 Greene Street really is “1,700 sq ft”,…
developer left money on the table, skewing Manhattan loft market stats The big story about the “2,024 sq ft” Soho loft on the 3rd floor at 111 Mercer Street is in the headline: the folks behind the trust that paid…
a triangle, if only on paper How far would you consider it acceptable to walk to the refrigerator to get, say, vegetables to wash in the sink? If you said “really far, and please, can we put a door in the…
open lofts are for sound sleepers only I always wonder who the folks are who love open lofts such as the little (“1,100 sq ft”) one #3R at 140 Sullivan Street that just sold in the tiny corner of the…
there’s a sad majesty to these listing photos in Soho For a loft snob, or for any who truly appreciates classic Manhattan lofts, seeing listing photos for a “true artist loft in Soho” might be like what an animal rights…
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