when is The Big One?I’ve been continuing to consult and reflect about the conundrum reflected in the November 12 New York Times article Suddenly, SoHo Heeds Law Limiting Lofts to Artists and my quick-but-long post in response later that day,…
when is The Big One?I’ve been continuing to consult and reflect about the conundrum reflected in the November 12 New York Times article Suddenly, SoHo Heeds Law Limiting Lofts to Artists and my quick-but-long post in response later that day,…
raw rest of floor sold around the The PeakHere’s an interesting comparison of two very large penthouse lofts on the same floor of the same building, one selling as a total gut job right around The Peak of the Manhattan…
[UPDATE Dec 17: I just put up a new post, attempting to summarize (highlight might be a better word) from the treasure trove of comments to this thread. Keep those cards and letters coming! and see this cheat sheet: …
aka 307 Canal StreetThis building caught my eye this week when I noted the Manhattan loft #3N at 49 Howard Street was sold on October 13 to a Swedish couple for $1.9mm after having been bought in February 2008 for…
there’s nothing like leverageThe Wall Street Journal has the story today about loft owners at 505 Greenwich Street who so wanted additional space that they hugely overpaid to help the semi-famous neighbor next door realize that it was time for…
current, but not “news”The recent sale fo Manhattan loft #8M at 476 Broadway (October 20, at $1.44mm) probably falls into the dog-bites-man category, but we were just in this building last week to visit a pop-up contract (Oct 25, pop-up…
still not a ‘trend’, but a reminderIn my October 7 post, the puzzle of pop-up contracts, signed long after Off The Market at 144 West 27 Street and 24 East 21 Street lofts, I touched on the phenomenon of Manhattan…
well, it’s a theoryGenerally speaking, the Manhattan real estate resale market is not terribly efficient, in the economic sense. First, because real time accurate information is not widely held (among other factors: in contract status, actual condition of units); second,…
The History Channel, againWe seem to be in the history cycle on Manhattan Loft Guy, and there is no telling when it will end. Today’s installment wanders back to 1972 Soho, when a few pioneers got together to buy a…
East meets West, West winsThe Residential Sales Around The Region feature in yesterday’s New York Times featured one Manhattan loft, 46 Mercer Street (also known as 473 Broadway, aka the Hohner Building), at $3.01mm after 17 weeks on the market.…
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