an almost yellow saleSo, sue me! I was away this weekend, so did not do my regular Saturday data dump of loft sales newly recorded in the last 7 days. Hence my early Saturday (getting in the car) post about…
Category: loft neighborhoods soho
tiny price drop does magic for 458 Broome Street loft, kinda sorta
Tagged with: Bachelor, Brick, Broome, Ceilings, Classic, Longandnarrow, One Bed Wonder, Pool Table, Renovation, Tin
political response to Soho artist +/or zoning 'problem'?
how grassy are your roots?I attended the community meeting in Soho last night previewed (briefly) in yesterday’s New York Post, along with (I estimate) 250 to 300 others. Before seeing notices for this meeting, I had not heard of the…
40 Mercer St loft resale up 13% over 2009 sale, 21% lifetime
straight line gainsThe Manhattan loft #3D at the celebrated 40 Mercer Street sold on April 6, for the third time in its young life. (Does that mean people love it or hate it?) I will explain in a minute why…
473 Broadway loft seller is stubborn after (somehow) missing peak
a rich history of sales, and of listingsThe Manhattan loft #5E at 473 Broadway that just sold on April 28 has now been re-sold twice since having been purchased from the developer in 2002, in what appears to be a…
Tagged with: Axiom, broadway, Conventional Wisdom, Discount, Failed Contract, Peak, Price Drop, Stubborn
16 Greene Street loft sells as endangered species (with a scarcity premium?)
(not that there’s any protection for them)It is nice that the Manhattan loft #2N floor of 16 Greene Street came with a warning label as an “authentic SoHo artists loft, a real throwback to the 70s”: “COULD BE THE LAST…
an odd pair: open loft at 284 Lafayette Street finally sells (again) followed by 'done' neighbor
maybe someone will build it out (this time)What if people buy their dream, then don’t (can’t?) realize their dream? The Manhattan loft #4D at 284 Lafayette Street sold pretty quickly way back in 2006 for $2.29mm as an “artist’s dream”…
a flippin' fast flip at 151 Wooster Street, for a vanishingly small 'profit'
you’ll see how it vanishedWarning: there is no typo in the following sentence. The Manhattan loft #5A at 151 Wooster Street sold on March 3 for $5mm and on February 1 for $4.65mm. The trick is that the first sale…
66 Crosby Street loft sells for $868/ft as a very tall project
how much for just the ceilings and the windows?The second floor in many classic Manhattan loft buildings is like the parlor floor in a brownstone: the ceilings are disproportionately high. In the case of the Manhattan loft #2CD at 66…
Tagged with: Artist, Classic, Crosby, Duplex, High Ceilings, Mezzanine, One Bed Wonder, Photgrapher, Renovation, Windows
95 Greene Street, deadbeat condo owners, and small building risk
[updated]the inter-tubes are burningChristine’s Haughney’s latest Appraisal feature in the New York Times about war litigation in the condo loft 95 Greene Street has been flying around the ‘net and the twitterverse since it hit the web yesterday afternoon. A…
Tagged with: Banks, Board, Condo, Condo Board, Default, Foreclosure, Greene, Haughney, Mortgage, Ny Times
ignore this loft “sale” at 114 Mercer Street
no length between the armsOne of the risks in looking at closed transactions in Manhattan loft buildings is that things are sometimes not what they seem. Or, that they are exactly what they seem if you look a little closer.…
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