The Market will correct a too high priceAfter yesterday’s post about a too deep price discount being corrected by The Market, bless her heart (January 28, if robust, The Market will fix a too-low price (at least, it did, at…
Category: loft neighborhoods tribeca
another picture of the trough, as 92 Chambers Street loft sells up 37% over 2009
can’t explain the 2007, howeverI am going to try not to get too distracted by the new development sale in 2007 of the “1,353 sq ft” Manhattan loft on the 2nd floor at 92 Chambers Street, as I don’t know…
was year-end loft sale at 101 Warren Street motivated by tax uncertainty?
the gain might make it worthwhile to have worried about tax uncertaintyMy rant about the Tax Uncertainty Meme that ran through the Manhattan Media Division of the Real Estate Industrial Complex (January 4, in which Manhattan Loft Guy bravely calls…
Tagged with: Capital Gains, Comps, Discount, Meme, Miller, Neighbor, Real Estate Industrial Complex, Tax, Uncertainty, Warren
what changed in 2012 to get 8 Warren Street loft sold in September but not January?
what a difference 9 months madeI am not saying there is a rational explanation for this, just that these are facts about the “2,010 sq ft” Manhattan loft #5E at 8 Warren Street (Trinity Stewart Condominium): it did not sell…
Dietz Lantern loft at 429 Greenwich Street sells for $1,186/ft with one wall
more to be added, probablyThis floor plan exemplifies one of the things I like about Manhattan lofts: the (general) absence of load-bearing elements gives a loft owner remarkable flexibility, well beyond the level the owner of a Manhattan “apartment” would…
Tagged with: Barrel Vault, Ceiling, Comps, Dietz Lantern, Greenwich, Neighbor, One Bed Wonder, Renovation, Staging, View
walking up is hard to do: primitive loft at 37 Walker Street sells with 4 flights of stairs down 5% since 2006, sorta
how many stairs in the listing?I am going to try very hard not to snark (too much) about the broker babble that supported the recent sale of the sizzling pad (oops) “2,191 sq ft” Manhattan loft on the top two…
love the neighbor on neighbor action, as expensive 55 Hudson Street loft wall should come down soon
little other action in this building since 2008The folks who just bought the “1,000 sq ft” Manhattan loft #7C at 55 Hudson Street for $1.5mm live next door in #7D, which is why I expect the wall between these two…
Tagged with: 2006, 2007, Combination, Comps, Extortion, Hudson, Neighbor, Note To Self, Renovation, Unique
plusses and minuses evident as 249 Church Street penthouse loft sells above 3rd floor, at par with 4th floor
primitive loft with roof rights will do thatThe “1,588 sq ft” Manhattan loft on the 5th floor (“penthouse”) at 249 Church Street that sold on December 4 at $2.15mm, is a study of the power of “on the other hand…
Tagged with: Bath, Ceilings, Church, Comps, Corner, Neighbor, Penthouse, Primitive, Renovation, Roof Rights
27 N. Moore Street loft at (the other) Ice House cracks $1,800/ft
if it had merely sold at ask…The sellers of the “2,134 sq ft” Manhattan loft #6A at 27 N. Moore Street (Ice House) priced their loft aggressively when they came to market at $3.75mm, given that #5A had sold a…
Tagged with: Broker Babble, Comps, Ice House, Kitchen, Layout, N Moore, Neighbor, Rare, Renovation, Unique
particularly deep trough discovered, as 335 Greenwich Street loft sells 31% over 2009
some stories never get oldI can’t explain why, but I take particular pleasure in noting Manhattan loft sales that hit a particular narrative. In this case, the narrative for the recent sale of the “1,600 sq ft” Manhattan loft #5A…
Tagged with: Broker Babble, Efficient, Greenwich, Hanover River House, Jay, Light, Rebny, Square Feet, Trough, View
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